Happiness and D Co (TSE:3174) Cyclically Adjusted PS Ratio: 0.06 (As of Sep. 17, 2026) — 50% Below Median

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TSE:3174 Happiness and D Co Ltd TSE:3174
42 GF Score
Price 円391.00
GF Value 円538.93
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Happiness and D Co Cyclically Adjusted PS Ratio?

Happiness and D Co TSE:3174 -1.01% 42 Cyclically Adjusted PS Ratio is 0.06 as of Sep. 17, 2026, which is 50% below its 10-year median of 0.12. GuruFocus rates TSE:3174 with a GF Score™ of 42/100 and a GF Value™ of 円538.93 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 801 Retail - Cyclical companies, Happiness and D Co ranks worse than 124843.82% on this metric.

As of today (2026-09-17), Happiness and D Co's current share price is 円391.00. Happiness and D Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円6,670.49. Happiness and D Co's Cyclically Adjusted PS Ratio for today is 0.06.

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

During the past years, Happiness and D Co's highest Cyclically Adjusted PS Ratio was 0.13. The lowest was 0.10. And the median was 0.12.

TSE:3174's Cyclically Adjusted PS Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.51
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Happiness and D Co's adjusted revenue per share data for the three months ended in Feb. 2026 was 円818.074. 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6,670.49 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Happiness and D Co  (TSE:3174) 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.


Happiness and D Co Cyclically Adjusted PS Ratio Related Terms


Happiness and D Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Happiness and D 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.

Happiness and D Co Cyclically Adjusted PS Ratio Chart

Happiness and D Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.13 0.12 0.10

Happiness and D Co Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 Aug25 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 0.12 0.10 0.10 0.09 0.08

TSE:3174 vs CASY, WSM, ULTA: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Happiness and D 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.


Happiness and D Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

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

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


TSE:3174
42GF Score
Happiness and D Co Ltd TSE:3174
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Happiness and D 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.

Happiness and D Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=391.00/6670.485
=0.06

* 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.

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

For example, Happiness and D 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)
=818.074/112.2000*112.2000
=818.074

Current CPI (Feb. 2026) = 112.2000.

Happiness and D Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201508 1,547.930 98.400 1,765.018
201511 1,408.838 98.100 1,611.332
201602 2,186.568 97.800 2,508.517
201605 1,560.871 98.200 1,783.398
201608 1,542.257 97.900 1,767.530
201611 1,492.414 98.600 1,698.264
201702 2,432.525 98.100 2,782.154
201705 1,763.224 98.600 2,006.427
201708 1,809.040 98.500 2,060.653
201711 1,672.618 99.100 1,893.721
201802 2,525.758 99.500 2,848.141
201805 1,766.247 99.300 1,995.699
201808 2,018.898 99.800 2,269.743
201811 1,796.049 100.000 2,015.167
201902 2,605.408 99.700 2,932.064
201905 1,813.497 100.000 2,034.744
201908 1,909.144 100.000 2,142.060
201911 1,786.104 100.500 1,994.038
202002 2,448.688 100.300 2,739.210
202005 868.723 100.100 973.733
202008 1,861.881 100.100 2,086.944
202011 1,616.464 99.500 1,822.787
202102 2,278.736 99.800 2,561.866
202105 1,660.142 99.400 1,873.923
202108 1,603.359 99.700 1,804.382
202111 1,162.595 100.100 1,303.128
202202 1,755.530 100.700 1,956.013
202205 1,169.474 101.800 1,288.949
202208 1,149.449 102.700 1,255.776
202211 1,068.043 103.900 1,153.363
202302 1,601.818 104.000 1,728.115
202305 1,206.047 105.100 1,287.521
202308 1,138.283 105.900 1,206.000
202311 959.482 106.900 1,007.052
202402 1,387.154 106.900 1,455.928
202405 946.674 108.100 982.579
202408 942.582 109.100 969.365
202502 1,086.308 110.800 1,100.034
202508 838.412 112.100 839.160
202602 818.074 112.200 818.074

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 0.06 mean?
Happiness and D Co (TSE:3174) has a Cyclically Adjusted PS Ratio of 0.06 as of Sep. 17, 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 Happiness and D Co and its competitors. This is 50% below median its historical median of 0.12. Over the past decade, Happiness and D Co's Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.13. According to the industry distribution chart, Happiness and D Co ranks #999999 out of 801 companies in the Retail - Cyclical industry.
Is Happiness and D Co's Cyclically Adjusted PS Ratio too high?
Happiness and D Co's current Cyclically Adjusted PS Ratio of 0.06 is 50% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.13. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.51. Happiness and D Co's value of 0.06 is 88.2% below this industry median. Based on the distribution chart, Happiness and D Co ranks #999999 out of 801 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Happiness and D Co has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Happiness and D Co's Cyclically Adjusted PS Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Happiness and D Co ranks #999999 out of 801 companies for Cyclically Adjusted PS Ratio. This places Happiness and D Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.51. Happiness and D Co's value of 0.06 is 88.2% below this benchmark. Historically, Happiness and D Co's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.13 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.51, Happiness and D 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.51, based on 801 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. Happiness and D Co's current Cyclically Adjusted PS Ratio of 0.06 is 88.2% 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 Happiness and D Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happiness and D Co's current Cyclically Adjusted PS Ratio is 0.06, which is 50% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happiness and D Co stock overvalued right now?
Based on GuruFocus' analysis, Happiness and D Co (TSE:3174) is currently considered Modestly Undervalued. The stock's GF Value™ is 円538.93, compared to a current price of 円391.00 — trading 27.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.06, which is 50% below median its 10-year median of 0.12 and 88.2% below the Retail - Cyclical industry median of 0.51. Happiness and D Co's overall GF Score™ is 42/100 with 4 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 Happiness and D Co (TSE:3174), the current Cyclically Adjusted PS Ratio is 0.06 as of Sep. 17, 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 Happiness and D Co (TSE:3174) Overvalued in 2026?

Based on GuruFocus' analysis, Happiness and D Co stock appears to be undervalued. The current stock price of 円391.00 is trading 27.4% below its estimated GF Value™ of 円538.93. GuruFocus considers Happiness and D Co to be Modestly Undervalued.

Key valuation signals for TSE:3174:

  • Cyclically Adjusted PS Ratio: 0.06 (50% below median its 10-year median of 0.12)
  • GF Value™: 円538.93 vs. price of 円391.00 (27.4% below fair value)
  • GF Score™: 42/100 with 4 warning signs
  • Industry Position: 88.2% below the Retail - Cyclical median (#999999 of 801)

No single metric tells the full story. See the TSE:3174 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Happiness and D Co Business Description

Address Toka Building. 4th Floor, 1-16-1 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Happiness and D Co Ltd manages branded gift stores in Japan. It is engaged in sales of imported brand products, including jewelry, such as imported brand jewelry and diamond jewelry consisting of rings, necklaces, earrings, and bracelets; as well as watches, handbags, and accessories. The company has stores located in Hokkaido, Tohoku, Kanto, Chubu and Chugoku among other locations.
42GF Score

Get the complete analysis for TSE:3174

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

円391.00
Price
円538.93
GF Value