Polaris Holdings Co (TSE:3010) Cyclically Adjusted PS Ratio: 0.93 (As of Aug. 03, 2026) — 174% 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:3010 Polaris Holdings Co Ltd TSE:3010
71 GF Score
Price 円194.00
GF Value 円256.55
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Polaris Holdings Co Cyclically Adjusted PS Ratio?

Polaris Holdings Co TSE:3010 -0.51% 71 Cyclically Adjusted PS Ratio is 0.93 as of Aug. 03, 2026, which is 174% above its 10-year median of 0.34. GuruFocus rates TSE:3010 with a GF Score™ of 71/100 and a GF Value™ of 円256.55 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 671 Travel & Leisure companies, Polaris Holdings Co ranks better than 60.51% on this metric.

As of today (2026-08-03), Polaris Holdings Co's current share price is 円194.00. Polaris Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円209.61. Polaris Holdings Co's Cyclically Adjusted PS Ratio for today is 0.93.

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

TSE:3010' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.34   Max: 1.06
Current: 0.94

During the past years, Polaris Holdings Co's highest Cyclically Adjusted PS Ratio was 1.06. The lowest was 0.16. And the median was 0.34.

TSE:3010's Cyclically Adjusted PS Ratio is ranked better than
60.51% of 671 companies
in the Travel & Leisure industry
Industry Median: 1.29 vs TSE:3010: 0.94

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.

Polaris Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円53.176. 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209.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polaris Holdings Co  (TSE:3010) 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.


Polaris Holdings Co Cyclically Adjusted PS Ratio Related Terms


Polaris Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Polaris 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.

Polaris Holdings Co Cyclically Adjusted PS Ratio Chart

Polaris Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.33 0.98 0.81 0.84

Polaris Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.81 0.92 0.94 0.87 0.84

TSE:3010 vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, Polaris 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.


Polaris Holdings Co Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Polaris Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3010
71GF Score
Polaris Holdings Co Ltd TSE:3010
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=194.00/209.61
=0.93

* 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.

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

For example, Polaris Holdings Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=53.176/112.7000*112.7000
=53.176

Current CPI (Mar. 2026) = 112.7000.

Polaris Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 120.645 98.100 138.600
201609 126.346 98.000 145.298
201612 85.388 98.400 97.797
201703 89.142 98.100 102.409
201706 81.986 98.500 93.805
201709 97.856 98.800 111.623
201712 79.617 99.400 90.270
201803 88.053 99.200 100.036
201806 93.097 99.200 105.766
201809 99.739 99.900 112.518
201812 76.506 99.700 86.482
201903 23.459 99.700 26.518
201906 26.550 99.800 29.982
201909 27.821 100.100 31.323
201912 30.214 100.500 33.882
202003 17.054 100.300 19.162
202006 6.957 99.900 7.848
202009 8.540 99.900 9.634
202012 22.926 99.300 26.020
202103 13.777 99.900 15.542
202106 12.944 99.500 14.661
202109 16.775 100.100 18.887
202112 11.420 100.100 12.857
202203 9.964 101.100 11.107
202206 12.891 101.800 14.271
202209 16.439 103.100 17.970
202212 15.903 104.100 17.217
202303 17.465 104.400 18.854
202306 22.929 105.200 24.564
202309 92.169 106.200 97.810
202312 32.675 106.800 34.480
202403 34.032 107.200 35.778
202406 37.522 108.200 39.083
202409 43.822 108.900 45.351
202412 28.008 110.700 28.514
202503 71.311 111.100 72.338
202506 48.102 111.700 48.533
202509 50.176 112.000 50.490
202512 55.806 113.000 55.658
202603 53.176 112.700 53.176

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 0.93 mean?
Polaris Holdings Co (TSE:3010) has a Cyclically Adjusted PS Ratio of 0.93 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 Polaris Holdings Co and its competitors. This is 174% above median its historical median of 0.34. Over the past decade, Polaris Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.16 to 1.06. According to the industry distribution chart, Polaris Holdings Co ranks #265 out of 671 companies in the Travel & Leisure industry, placing it in the top 39.5%.
Is Polaris Holdings Co's Cyclically Adjusted PS Ratio too high?
Polaris Holdings Co's current Cyclically Adjusted PS Ratio of 0.93 is 174% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.06. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.29. Polaris Holdings Co's value of 0.93 is 27.9% below this industry median. Based on the distribution chart, Polaris Holdings Co ranks #265 out of 671 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Polaris Holdings Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polaris Holdings Co's Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Polaris Holdings Co ranks #265 out of 671 companies for Cyclically Adjusted PS Ratio. This puts Polaris Holdings Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Polaris Holdings Co's value of 0.93 is 27.9% below this benchmark. Historically, Polaris Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 1.06 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.29, Polaris Holdings 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.29, based on 671 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. Polaris Holdings Co's current Cyclically Adjusted PS Ratio of 0.93 is 27.9% 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 Polaris Holdings Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris Holdings Co's current Cyclically Adjusted PS Ratio is 0.93, which is 174% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Polaris Holdings Co (TSE:3010) is currently considered Modestly Undervalued. The stock's GF Value™ is 円256.55, compared to a current price of 円194.00 — trading 24.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.93, which is 174% above median its 10-year median of 0.34 and 27.9% below the Travel & Leisure industry median of 1.29. Polaris Holdings Co's overall GF Score™ is 71/100 with 7 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 Polaris Holdings Co (TSE:3010), the current Cyclically Adjusted PS Ratio is 0.93 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 Polaris Holdings Co (TSE:3010) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris Holdings Co stock appears to be undervalued. The current stock price of 円194.00 is trading 24.4% below its estimated GF Value™ of 円256.55. GuruFocus considers Polaris Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:3010:

  • Cyclically Adjusted PS Ratio: 0.93 (174% above median its 10-year median of 0.34)
  • GF Value™: 円256.55 vs. price of 円194.00 (24.4% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 27.9% below the Travel & Leisure median (#265 of 671)

No single metric tells the full story. See the TSE:3010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polaris Holdings Co Business Description

Address 1-12-3 Iwamoto-cho, Yamazaki Kyodo Building, Chiyoda-ku, Tokyo, JPN, 101-0032
Polaris Holdings Co Ltd is a Japan-based company. It has two business segments. The Real Estate segment is involved in the leasing, buying, selling, and development of real estate; The Hotel segment deals with hotel management, consulting, and franchising. Some of its hotels include Best Western Hotels, Value The Hotel, Kinuura Grand Hotel, and KOKO Hotels.
71GF Score

Get the complete analysis for TSE:3010

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

円194.00
Price
円256.55
GF Value