Central General Development Co (TSE:3238) Cyclically Adjusted PS Ratio: 0.10 (As of Aug. 05, 2026) — 17% Below Median

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TSE:3238 Central General Development Co Ltd TSE:3238
50 GF Score
Price 円373.00
GF Value 円585.48
Valuation Possible Value Trap
! 8 Warning Signs
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What is Central General Development Co Cyclically Adjusted PS Ratio?

Central General Development Co TSE:3238 +0.27% 50 Cyclically Adjusted PS Ratio is 0.10 as of Aug. 05, 2026, which is 17% below its 10-year median of 0.12. GuruFocus rates TSE:3238 with a GF Score™ of 50/100 and a GF Value™ of 円585.48 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,358 Real Estate companies, Central General Development Co ranks better than 94.85% on this metric.

As of today (2026-08-05), Central General Development Co's current share price is 円373.00. Central General Development Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,823.83. Central General Development Co's Cyclically Adjusted PS Ratio for today is 0.10.

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

TSE:3238' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.12   Max: 0.2
Current: 0.1

During the past years, Central General Development Co's highest Cyclically Adjusted PS Ratio was 0.20. The lowest was 0.06. And the median was 0.12.

TSE:3238's Cyclically Adjusted PS Ratio is ranked better than
94.85% of 1358 companies
in the Real Estate industry
Industry Median: 1.82 vs TSE:3238: 0.10

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.

Central General Development Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円2,163.337. 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3,823.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Central General Development Co  (TSE:3238) 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.


Central General Development Co Cyclically Adjusted PS Ratio Related Terms


Central General Development Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Central General Development 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.

Central General Development Co Cyclically Adjusted PS Ratio Chart

Central General Development 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 0.12 0.17 0.16 0.00 0.09

Central General Development 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 0.12 0.12 0.11 0.09

TSE:3238 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Central General Development 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.


Central General Development Co Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Central General Development Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3238
50GF Score
Central General Development Co Ltd TSE:3238
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central General Development 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.

Central General Development Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=373.00/3823.83
=0.10

* 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.

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

For example, Central General Development 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)
=2163.337/112.7000*112.7000
=2,163.337

Current CPI (Mar. 2026) = 112.7000.

Central General Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 706.350 98.100 811.474
201603 1,446.975 97.900 1,665.721
201606 474.173 98.100 544.743
201609 556.427 98.000 639.891
201612 662.063 98.400 758.277
201703 1,545.568 98.100 1,775.591
201706 204.426 98.500 233.897
201709 265.152 98.800 302.456
201712 1,814.660 99.400 2,057.467
201803 1,197.874 99.200 1,360.891
201806 481.490 99.200 547.015
201809 289.478 99.900 326.568
201812 620.509 99.700 701.418
201903 2,443.083 99.700 2,761.639
201906 742.513 99.800 838.489
201909 474.596 100.100 534.335
201912 1,054.621 100.500 1,182.645
202003 843.450 100.300 947.725
202006 498.161 99.900 561.989
202009 196.057 99.900 221.177
202012 1,673.852 99.300 1,899.729
202103 995.001 99.900 1,122.489
202106 484.361 99.500 548.618
202109 569.211 100.100 640.860
202112 156.803 100.100 176.540
202203 1,935.648 101.100 2,157.740
202206 474.638 101.800 525.459
202209 556.240 103.100 608.033
202212 1,070.122 104.100 1,158.528
202303 1,086.767 104.400 1,173.167
202306 559.072 105.200 598.930
202309 479.214 106.200 508.544
202312 635.085 106.800 670.169
202403 1,668.018 107.200 1,753.597
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 533.829 111.700 538.608
202509 615.555 112.000 619.402
202512 691.059 113.000 689.224
202603 2,163.337 112.700 2,163.337

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 0.10 mean?
Central General Development Co (TSE:3238) has a Cyclically Adjusted PS Ratio of 0.10 as of Aug. 05, 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 Central General Development Co and its competitors. This is 17% below median its historical median of 0.12. Over the past decade, Central General Development Co's Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.20. According to the industry distribution chart, Central General Development Co ranks #70 out of 1358 companies in the Real Estate industry, placing it in the top 5.2%.
Is Central General Development Co's Cyclically Adjusted PS Ratio too high?
Central General Development Co's current Cyclically Adjusted PS Ratio of 0.10 is 17% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.20. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. Central General Development Co's value of 0.10 is 94.5% below this industry median. Based on the distribution chart, Central General Development Co ranks #70 out of 1358 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Central General Development Co has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Central General Development Co's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Central General Development Co ranks #70 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Central General Development Co in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.82. Central General Development Co's value of 0.10 is 94.5% below this benchmark. Historically, Central General Development Co's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.20 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 1.82, Central General Development 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.82, based on 1,358 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. Central General Development Co's current Cyclically Adjusted PS Ratio of 0.10 is 94.5% 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 Central General Development Co and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central General Development Co's current Cyclically Adjusted PS Ratio is 0.10, which is 17% 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 Central General Development Co stock overvalued right now?
Based on GuruFocus' analysis, Central General Development Co (TSE:3238) is currently considered Possible Value Trap. The stock's GF Value™ is 円585.48, compared to a current price of 円373.00 — trading 36.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.10, which is 17% below median its 10-year median of 0.12 and 94.5% below the Real Estate industry median of 1.82. Central General Development Co's overall GF Score™ is 50/100 with 8 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 Central General Development Co (TSE:3238), the current Cyclically Adjusted PS Ratio is 0.10 as of Aug. 05, 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 Central General Development Co (TSE:3238) Overvalued in 2026?

Based on GuruFocus' analysis, Central General Development Co stock appears to be undervalued. The current stock price of 円373.00 is trading 36.3% below its estimated GF Value™ of 円585.48. GuruFocus considers Central General Development Co to be Possible Value Trap.

Key valuation signals for TSE:3238:

  • Cyclically Adjusted PS Ratio: 0.10 (17% below median its 10-year median of 0.12)
  • GF Value™: 円585.48 vs. price of 円373.00 (36.3% below fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 94.5% below the Real Estate median (#70 of 1358)

No single metric tells the full story. See the TSE:3238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central General Development Co Business Description

Address 3-3-7 Iidabashi, Chiyoda-ku, Tokyo, JPN
Central General Development Co Ltd is engaged in the real estate business in Japan. The company is involved in the management and operation of real estate-related businesses in Japan. It sells condominiums and provides after-sale services, such as inspection and repairs and leases buildings.
50GF Score

Get the complete analysis for TSE:3238

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

円373.00
Price
円585.48
GF Value