Olba Healthcare Holdings (TSE:2689) Cyclically Adjusted PS Ratio: (As of Aug. 04, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:2689 Olba Healthcare Holdings Inc TSE:2689
63 GF Score
Price 円1,901.00
GF Value 円1,619.26
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Olba Healthcare Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Olba Healthcare Holdings  (TSE:2689) 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.


Olba Healthcare Holdings Cyclically Adjusted PS Ratio Related Terms


Olba Healthcare Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Olba Healthcare Holdings'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.

Olba Healthcare Holdings Cyclically Adjusted PS Ratio Chart

Olba Healthcare Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.09 0.10 0.10

Olba Healthcare Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.10 0.10 0.10 0.00 0.00

TSE:2689 vs MCK, COR, CAH: Cyclically Adjusted PS Ratio Comparison

For the Medical Distribution subindustry, Olba Healthcare Holdings'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.


Olba Healthcare Holdings Cyclically Adjusted PS Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Olba Healthcare Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Olba Healthcare Holdings's Cyclically Adjusted PS Ratio falls into.


TSE:2689
63GF Score
Olba Healthcare Holdings Inc TSE:2689
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Olba Healthcare Holdings 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.

Olba Healthcare Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Olba Healthcare Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

Olba Healthcare Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 4,657.732 98.100 5,365.175
201603 5,063.539 97.900 5,844.534
201606 4,243.658 98.100 4,888.210
201609 4,537.352 98.000 5,231.845
201612 4,941.313 98.400 5,674.475
201703 4,976.059 98.100 5,731.852
201706 4,397.296 98.500 5,044.614
201709 4,674.295 98.800 5,346.107
201712 5,050.115 99.400 5,741.076
201803 4,998.507 99.200 5,693.864
201806 4,465.027 99.200 5,086.170
201809 4,415.035 99.900 4,993.984
201812 5,276.948 99.700 5,980.894
201903 4,786.225 99.700 5,424.708
201906 4,667.832 99.800 5,285.221
201909 5,054.362 100.100 5,705.723
201912 4,847.228 100.500 5,450.117
202003 4,954.194 100.300 5,581.495
202006 3,938.900 99.900 4,455.412
202009 3,824.430 99.900 4,325.932
202012 4,373.770 99.300 4,977.201
202103 4,562.142 99.900 5,160.381
202106 4,022.300 99.500 4,568.039
202109 4,111.982 100.100 4,641.898
202112 4,603.529 100.100 5,196.791
202203 4,720.095 101.100 5,275.675
202206 4,340.345 101.800 4,817.868
202209 4,377.371 103.100 4,797.701
202212 4,556.957 104.100 4,946.553
202303 4,834.862 104.400 5,233.136
202306 4,578.857 105.200 4,918.354
202309 4,556.821 106.200 4,848.595
202312 5,022.700 106.800 5,314.280
202403 5,390.919 107.200 5,682.592
202406 4,926.152 108.200 5,144.687
202412 0.000 110.700 0.000
202503 15,613.835 111.100 15,880.858
202506 -5,133.543 111.700 -5,193.289
202509 5,200.646 112.000 5,247.080
202512 0.000 113.000 0.000

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.

Is Olba Healthcare Holdings (TSE:2689) Overvalued in 2026?

Based on GuruFocus' analysis, Olba Healthcare Holdings stock appears to be overvalued. The current stock price of 円1,901.00 is trading 17.4% above its estimated GF Value™ of 円1,619.26. GuruFocus considers Olba Healthcare Holdings to be Modestly Overvalued.

Key valuation signals for TSE:2689:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,619.26 vs. price of 円1,901.00 (17.4% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the TSE:2689 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Olba Healthcare Holdings Business Description

Address 1-1-3 Shimoishii, Kita-ku, 8th Floor, Nippon Life Insurance Okayama Dai-ni Building, Okayama Prefecture, Okayama, JPN, 700-0907
Olba Healthcare Holdings Inc is a Japan-based holding company that engages in the wholesale distribution of medical diagnostic equipment and medical materials. It operates through the following business divisions: Medical Equipment, Supply, Processing, and Distribution (SPD), and Nursing Care Products.
63GF Score

Get the complete analysis for TSE:2689

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

円1,901.00
Price
円1,619.26
GF Value