Honeys Holdings Co (TSE:2792) Cyclically Adjusted PS Ratio: 0.70 (As of Aug. 15, 2026) — 15% Above Median

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TSE:2792 Honeys Holdings Co Ltd TSE:2792
60 GF Score
Price 円1,433.00
GF Value 円1,609.82
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Honeys Holdings Co Cyclically Adjusted PS Ratio?

Honeys Holdings Co TSE:2792 +0.42% 60 Cyclically Adjusted PS Ratio is 0.70 as of Aug. 15, 2026, which is 15% above its 10-year median of 0.61. GuruFocus rates TSE:2792 with a GF Score™ of 60/100 and a GF Value™ of 円1,609.82 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 802 Retail - Cyclical companies, Honeys Holdings Co ranks worse than 58.35% on this metric.

As of today (2026-08-15), Honeys Holdings Co's current share price is 円1433.00. Honeys Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円2,040.93. Honeys Holdings Co's Cyclically Adjusted PS Ratio for today is 0.70.

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

TSE:2792' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.61   Max: 0.89
Current: 0.69

During the past years, Honeys Holdings Co's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.35. And the median was 0.61.

TSE:2792's Cyclically Adjusted PS Ratio is ranked worse than
58.35% of 802 companies
in the Retail - Cyclical industry
Industry Median: 0.5 vs TSE:2792: 0.69

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.

Honeys Holdings Co's adjusted revenue per share data for the three months ended in Feb. 2026 was 円408.999. 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2,040.93 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Honeys Holdings Co  (TSE:2792) 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.


Honeys Holdings Co Cyclically Adjusted PS Ratio Related Terms


Honeys Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Honeys Holdings 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.

Honeys Holdings Co Cyclically Adjusted PS Ratio Chart

Honeys Holdings Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.73 0.82 0.73 0.00

Honeys Holdings Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 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 0.73 0.73 0.73 0.76 0.00

TSE:2792 vs TJX, ROST, BURL: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, Honeys Holdings 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.


Honeys Holdings Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Honeys Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2792
60GF Score
Honeys Holdings Co Ltd TSE:2792
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Honeys Holdings 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.

Honeys Holdings Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1433.00/2040.93
=0.70

* 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.

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

For example, Honeys Holdings 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)
=408.999/112.2000*112.2000
=408.999

Current CPI (Feb. 2026) = 112.2000.

Honeys Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201602 478.762 97.800 549.255
201605 563.159 98.200 643.446
201608 474.475 97.900 543.780
201611 492.949 98.600 560.942
201702 433.696 98.100 496.032
201705 555.491 98.600 632.110
201708 471.505 98.500 537.085
201711 484.570 99.100 548.625
201802 390.991 99.500 440.896
201805 534.879 99.300 604.365
201808 425.930 99.800 478.851
201811 463.467 100.000 520.010
201902 369.520 99.700 415.849
201905 525.784 100.000 589.930
201908 411.421 100.000 461.614
201911 455.877 100.500 508.949
202002 356.366 100.300 398.647
202005 303.442 100.100 340.122
202008 395.381 100.100 443.174
202011 451.340 99.500 508.948
202102 312.969 99.800 351.855
202105 468.109 99.400 528.389
202108 376.972 99.700 424.235
202111 442.101 100.100 495.542
202202 343.088 100.700 382.269
202205 549.294 101.800 605.410
202208 423.682 102.700 462.874
202211 511.730 103.900 552.609
202302 409.700 104.000 442.003
202305 624.593 105.100 666.787
202308 467.169 105.900 494.961
202311 522.235 106.900 548.127
202402 437.023 106.900 458.690
202405 603.776 108.100 626.676
202411 0.000 110.000 0.000
202502 602.313 110.800 609.923
202505 582.432 111.800 584.516
202508 498.515 112.100 498.960
202511 538.322 113.200 533.567
202602 408.999 112.200 408.999

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 0.70 mean?
Honeys Holdings Co (TSE:2792) has a Cyclically Adjusted PS Ratio of 0.70 as of Aug. 15, 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 Honeys Holdings Co and its competitors. This is 15% above median its historical median of 0.61. Over the past decade, Honeys Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.35 to 0.89. According to the industry distribution chart, Honeys Holdings Co ranks #468 out of 802 companies in the Retail - Cyclical industry, placing it in the top 58.4%.
Is Honeys Holdings Co's Cyclically Adjusted PS Ratio too high?
Honeys Holdings Co's current Cyclically Adjusted PS Ratio of 0.70 is 15% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.89. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. Honeys Holdings Co's value of 0.70 is 40% above this industry median. Based on the distribution chart, Honeys Holdings Co ranks #468 out of 802 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Honeys Holdings Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Honeys Holdings Co's Cyclically Adjusted PS Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Honeys Holdings Co ranks #468 out of 802 companies for Cyclically Adjusted PS Ratio. This places Honeys Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. Honeys Holdings Co's value of 0.70 is 40% above this benchmark. Historically, Honeys Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.35 to 0.89 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.50, Honeys Holdings Co has consistently been above 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.50, based on 802 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. Honeys Holdings Co's current Cyclically Adjusted PS Ratio of 0.70 is 40% above 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 Honeys Holdings Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeys Holdings Co's current Cyclically Adjusted PS Ratio is 0.70, which is 15% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeys Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Honeys Holdings Co (TSE:2792) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,609.82, compared to a current price of 円1,433.00 — trading 11% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.70, which is 15% above median its 10-year median of 0.61 and 40% above the Retail - Cyclical industry median of 0.50. Honeys Holdings Co's overall GF Score™ is 60/100 with 2 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 Honeys Holdings Co (TSE:2792), the current Cyclically Adjusted PS Ratio is 0.70 as of Aug. 15, 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 Honeys Holdings Co (TSE:2792) Overvalued in 2026?

Based on GuruFocus' analysis, Honeys Holdings Co stock appears to be undervalued. The current stock price of 円1,433.00 is trading 11% below its estimated GF Value™ of 円1,609.82. GuruFocus considers Honeys Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:2792:

  • Cyclically Adjusted PS Ratio: 0.70 (15% above median its 10-year median of 0.61)
  • GF Value™: 円1,609.82 vs. price of 円1,433.00 (11% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 40% above the Retail - Cyclical median (#468 of 802)

No single metric tells the full story. See the TSE:2792 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honeys Holdings Co Business Description

Address Kuranaka Character 1 of 7 Natsumoto 27, Kashima cho, Fukushima Prefecture, Iwaki City, JPN, 971-8141
Honeys Holdings Co Ltd is a Japan-based company, engages in the planning, manufacturing, and selling of women's clothing and fashion accessories The company offers its products under the brands named CINEMA CLUB, GLACIER, COLZA and Comfort Basic through specialty retail stores located in suburban shopping malls and station buildings, as well as online shopping site.
60GF Score

Get the complete analysis for TSE:2792

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

円1,433.00
Price
円1,609.82
GF Value