And ST HD Co (TSE:2685) Cyclically Adjusted PS Ratio: 0.61 (As of Aug. 03, 2026) — 13% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2685 And ST HD Co Ltd TSE:2685
90 GF Score
Price 円3,380.00
GF Value 円3,484.21
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is And ST HD Co Cyclically Adjusted PS Ratio?

And ST HD Co TSE:2685 -3.01% 90 Cyclically Adjusted PS Ratio is 0.61 as of Aug. 03, 2026, which is 13% above its 10-year median of 0.54. GuruFocus rates TSE:2685 with a GF Score™ of 90/100 and a GF Value™ of 円3,484.21 (Fairly Valued). The stock has 6 warning signs investors should review. Among 886 Manufacturing - Apparel & Accessories companies, And ST HD Co ranks better than 52.48% on this metric.

As of today (2026-08-03), And ST HD Co's current share price is 円3380.00. And ST HD Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円5,565.60. And ST HD Co's Cyclically Adjusted PS Ratio for today is 0.61.

The historical rank and industry rank for And ST HD Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:2685' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.54   Max: 0.84
Current: 0.6

During the past years, And ST HD Co's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.30. And the median was 0.54.

TSE:2685's Cyclically Adjusted PS Ratio is ranked better than
52.48% of 886 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs TSE:2685: 0.60

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

And ST HD Co's adjusted revenue per share data for the three months ended in Feb. 2026 was 円1,668.451. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is 円5,565.60 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


And ST HD Co  (TSE:2685) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


And ST HD Co Cyclically Adjusted PS Ratio Related Terms


And ST HD Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for And ST HD Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

And ST HD Co Cyclically Adjusted PS Ratio Chart

And ST HD Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.48 0.69 0.55 0.54

And ST HD Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.55 0.53 0.54 0.00

TSE:2685 vs RL, LEVI, VFC: Cyclically Adjusted PS Ratio Comparison

For the Apparel Manufacturing subindustry, And ST HD Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


And ST HD Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, And ST HD Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where And ST HD Co's Cyclically Adjusted PS Ratio falls into.


TSE:2685
90GF Score
And ST HD Co Ltd TSE:2685
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

And ST HD Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

And ST HD Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3380.00/5565.60
=0.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

And ST HD Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, And ST HD Co's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1668.451/112.2000*112.2000
=1,668.451

Current CPI (Feb. 2026) = 112.2000.

And ST HD Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 1,008.265 98.200 1,152.010
201608 1,021.097 97.900 1,170.246
201611 1,063.146 98.600 1,209.787
201702 1,164.063 98.100 1,331.375
201705 1,149.313 98.600 1,307.839
201708 1,142.083 98.500 1,300.931
201711 1,179.262 99.100 1,335.148
201802 1,265.237 99.500 1,426.730
201805 1,092.447 99.300 1,234.366
201808 1,139.175 99.800 1,280.716
201811 1,218.315 100.000 1,366.949
201902 1,281.638 99.700 1,442.325
201905 1,195.878 100.000 1,341.775
201908 1,118.088 100.000 1,254.495
201911 1,173.429 100.500 1,310.037
202002 1,232.885 100.300 1,379.159
202005 705.886 100.100 791.213
202008 983.821 100.100 1,102.744
202011 1,136.041 99.500 1,281.043
202102 1,126.595 99.800 1,266.573
202105 1,026.806 99.400 1,159.031
202108 1,021.570 99.700 1,149.650
202111 1,196.075 100.100 1,340.655
202202 1,212.230 100.700 1,350.667
202205 1,282.071 101.800 1,413.049
202208 1,203.511 102.700 1,314.839
202211 1,421.093 103.900 1,534.616
202302 1,444.832 104.000 1,558.751
202305 1,509.556 105.100 1,611.534
202308 1,415.749 105.900 1,499.972
202311 1,549.828 106.900 1,626.667
202402 1,597.703 106.900 1,676.916
202405 1,634.081 108.100 1,696.058
202408 1,516.438 109.100 1,559.527
202411 1,652.318 110.000 1,685.364
202502 1,586.792 110.800 1,606.842
202505 1,677.146 111.800 1,683.147
202508 1,557.383 112.100 1,558.772
202511 1,691.019 113.200 1,676.081
202602 1,668.451 112.200 1,668.451

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 0.61 mean?
And ST HD Co (TSE:2685) has a Cyclically Adjusted PS Ratio of 0.61 as of Aug. 03, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on And ST HD Co and its competitors. This is 13% above median its historical median of 0.54. Over the past decade, And ST HD Co's Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.84. According to the industry distribution chart, And ST HD Co ranks #421 out of 886 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 47.5%.
Is And ST HD Co's Cyclically Adjusted PS Ratio too high?
And ST HD Co's current Cyclically Adjusted PS Ratio of 0.61 is 13% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.84. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.64. And ST HD Co's value of 0.61 is 4.7% below this industry median. Based on the distribution chart, And ST HD Co ranks #421 out of 886 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, And ST HD Co has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does And ST HD Co's Cyclically Adjusted PS Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, And ST HD Co ranks #421 out of 886 companies for Cyclically Adjusted PS Ratio. This puts And ST HD Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.64. And ST HD Co's value of 0.61 is 4.7% below this benchmark. Historically, And ST HD Co's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.84 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.64, And ST HD Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.64, based on 886 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. And ST HD Co's current Cyclically Adjusted PS Ratio of 0.61 is 4.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on And ST HD Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. And ST HD Co's current Cyclically Adjusted PS Ratio is 0.61, which is 13% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is And ST HD Co stock overvalued right now?
Based on GuruFocus' analysis, And ST HD Co (TSE:2685) is currently considered Fairly Valued. The stock's GF Value™ is 円3,484.21, compared to a current price of 円3,380.00 — trading 3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.61, which is 13% above median its 10-year median of 0.54 and 4.7% below the Manufacturing - Apparel & Accessories industry median of 0.64. And ST HD Co's overall GF Score™ is 90/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For And ST HD Co (TSE:2685), the current Cyclically Adjusted PS Ratio is 0.61 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is And ST HD Co (TSE:2685) Overvalued in 2026?

Based on GuruFocus' analysis, And ST HD Co stock appears to be undervalued. The current stock price of 円3,380.00 is trading 3% below its estimated GF Value™ of 円3,484.21. GuruFocus considers And ST HD Co to be Fairly Valued.

Key valuation signals for TSE:2685:

  • Cyclically Adjusted PS Ratio: 0.61 (13% above median its 10-year median of 0.54)
  • GF Value™: 円3,484.21 vs. price of 円3,380.00 (3% below fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 4.7% below the Manufacturing - Apparel & Accessories median (#421 of 886)

No single metric tells the full story. See the TSE:2685 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


And ST HD Co Business Description

Address 2-21-1, Shibuya, 27th Floor, Shibuya Hikarie, Shibuya-ku, Tokyo, JPN, 100-6610
And ST HD Co Ltd is a fashion company engaged in the planning and sale of apparel and related products. Its segments include: Apparel and Sundries Related Business, and Others (Food and Beverage Business). It maintains a portfolio of diverse brands to suit each customer's changing preferences and lifestyle.
90GF Score

Get the complete analysis for TSE:2685

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,380.00
Price
円3,484.21
GF Value