Saibo Co (TSE:3123) Cyclically Adjusted PS Ratio: 0.85 (As of Aug. 08, 2026) — 21% 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:3123 Saibo Co Ltd TSE:3123
66 GF Score
Price 円635.00
GF Value 円504.15
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Saibo Co Cyclically Adjusted PS Ratio?

Saibo Co TSE:3123 +0.32% 66 Cyclically Adjusted PS Ratio is 0.85 as of Aug. 08, 2026, which is 21% above its 10-year median of 0.70. GuruFocus rates TSE:3123 with a GF Score™ of 66/100 and a GF Value™ of 円504.15 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 884 Manufacturing - Apparel & Accessories companies, Saibo Co ranks worse than 59.28% on this metric.

As of today (2026-08-08), Saibo Co's current share price is 円635.00. Saibo Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円743.40. Saibo Co's Cyclically Adjusted PS Ratio for today is 0.85.

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

TSE:3123' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.7   Max: 0.95
Current: 0.85

During the past years, Saibo Co's highest Cyclically Adjusted PS Ratio was 0.95. The lowest was 0.53. And the median was 0.70.

TSE:3123's Cyclically Adjusted PS Ratio is ranked worse than
59.28% of 884 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.625 vs TSE:3123: 0.85

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.

Saibo Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円196.293. 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743.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saibo Co  (TSE:3123) 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.


Saibo Co Cyclically Adjusted PS Ratio Related Terms


Saibo Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Saibo 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.

Saibo Co Cyclically Adjusted PS Ratio Chart

Saibo 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 0.68 0.65 0.76 0.00 0.86

Saibo Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 0.68 0.84 0.81 0.86

Saibo Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Saibo 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.


Saibo Co Cyclically Adjusted PS Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


TSE:3123
66GF Score
Saibo Co Ltd TSE:3123
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saibo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=635.00/743.40
=0.85

* 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.

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

For example, Saibo 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)
=196.293/112.7000*112.7000
=196.293

Current CPI (Mar. 2026) = 112.7000.

Saibo Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 150.756 98.100 173.193
201603 157.696 97.900 181.536
201606 176.023 98.100 202.220
201609 143.386 98.000 164.894
201612 151.925 98.400 174.004
201703 153.559 98.100 176.413
201706 171.253 98.500 195.941
201709 151.303 98.800 172.590
201712 151.334 99.400 171.583
201803 154.344 99.200 175.348
201806 178.029 99.200 202.257
201809 156.662 99.900 176.735
201812 152.174 99.700 172.016
201903 153.089 99.700 173.050
201906 159.338 99.800 179.934
201909 141.780 100.100 159.626
201912 133.518 100.500 149.726
202003 141.366 100.300 158.843
202006 129.534 99.900 146.131
202009 121.247 99.900 136.782
202012 121.953 99.300 138.410
202103 136.931 99.900 154.476
202106 175.580 99.500 198.873
202109 162.444 100.100 182.891
202112 175.417 100.100 197.497
202203 164.349 101.100 183.206
202206 207.719 101.800 229.960
202209 184.107 103.100 201.250
202212 197.724 104.100 214.059
202303 180.990 104.400 195.379
202306 227.710 105.200 243.944
202309 196.931 106.200 208.984
202312 202.615 106.800 213.808
202403 238.982 107.200 251.243
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 219.094 111.700 221.055
202509 201.958 112.000 203.220
202512 185.420 113.000 184.928
202603 196.293 112.700 196.293

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 0.85 mean?
Saibo Co (TSE:3123) has a Cyclically Adjusted PS Ratio of 0.85 as of Aug. 08, 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 Saibo Co and its competitors. This is 21% above median its historical median of 0.70. Over the past decade, Saibo Co's Cyclically Adjusted PS Ratio has ranged from 0.53 to 0.95. According to the industry distribution chart, Saibo Co ranks #524 out of 884 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 59.3%.
Is Saibo Co's Cyclically Adjusted PS Ratio too high?
Saibo Co's current Cyclically Adjusted PS Ratio of 0.85 is 21% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.95. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PS Ratio is 0.63. Saibo Co's value of 0.85 is 36% above this industry median. Based on the distribution chart, Saibo Co ranks #524 out of 884 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Saibo Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saibo Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Saibo Co ranks #524 out of 884 companies for Cyclically Adjusted PS Ratio. This places Saibo Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.63. Saibo Co's value of 0.85 is 36% above this benchmark. Historically, Saibo Co's own Cyclically Adjusted PS Ratio has ranged from 0.53 to 0.95 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.63, Saibo 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 Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PS Ratio among Manufacturing - Apparel & Accessories companies is 0.63, based on 884 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. Saibo Co's current Cyclically Adjusted PS Ratio of 0.85 is 36% 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 Saibo Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PS Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saibo Co's current Cyclically Adjusted PS Ratio is 0.85, which is 21% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saibo Co stock overvalued right now?
Based on GuruFocus' analysis, Saibo Co (TSE:3123) is currently considered Modestly Overvalued. The stock's GF Value™ is 円504.15, compared to a current price of 円635.00 — trading 26% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.85, which is 21% above median its 10-year median of 0.70 and 36% above the Manufacturing - Apparel & Accessories industry median of 0.63. Saibo Co's overall GF Score™ is 66/100 with 5 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 Saibo Co (TSE:3123), the current Cyclically Adjusted PS Ratio is 0.85 as of Aug. 08, 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 Saibo Co (TSE:3123) Overvalued in 2026?

Based on GuruFocus' analysis, Saibo Co stock appears to be overvalued. The current stock price of 円635.00 is trading 26% above its estimated GF Value™ of 円504.15. GuruFocus considers Saibo Co to be Modestly Overvalued.

Key valuation signals for TSE:3123:

  • Cyclically Adjusted PS Ratio: 0.85 (21% above median its 10-year median of 0.70)
  • GF Value™: 円504.15 vs. price of 円635.00 (26% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 36% above the Manufacturing - Apparel & Accessories median (#524 of 884)

No single metric tells the full story. See the TSE:3123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saibo Co Business Description

Address 1-1-70 Maekawa, Kawaguchi City, Saitama, JPN, 333-0842
Saibo Co Ltd is a Japan-based company engages in the manufacture and sale of textile products. It is also engaged in the leasing of real estate business.
66GF Score

Get the complete analysis for TSE:3123

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

円635.00
Price
円504.15
GF Value