Central General Development Co (TSE:3238) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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TSE:3238 Central General Development Co Ltd TSE:3238
48 GF Score
Price 円382.00
GF Value 円591.28
Valuation Possible Value Trap
! 7 Warning Signs
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What is Central General Development Co Cyclically Adjusted PS Ratio?

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 0.13 0.09

Central General Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.11 0.11 0.09 0.10

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
48GF Score
Central General Development Co Ltd TSE:3238
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Central General Development Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=938.401/113.6000*113.6000
=938.401

Current CPI (Jun. 2026) = 113.6000.

Central General Development Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 556.427 98.000 645.001
201612 662.064 98.400 764.334
201703 1,545.569 98.100 1,789.772
201706 204.426 98.500 235.764
201709 265.152 98.800 304.871
201712 1,814.660 99.400 2,073.897
201803 1,197.881 99.200 1,371.767
201806 481.490 99.200 551.384
201809 289.479 99.900 329.177
201812 620.512 99.700 707.023
201903 2,443.096 99.700 2,783.708
201906 742.513 99.800 845.185
201909 474.599 100.100 538.606
201912 1,054.626 100.500 1,192.095
202003 843.454 100.300 955.298
202006 498.161 99.900 566.477
202009 196.058 99.900 222.945
202012 1,673.861 99.300 1,914.910
202103 995.006 99.900 1,131.458
202106 484.361 99.500 552.999
202109 631.989 100.100 717.222
202112 156.810 100.100 177.958
202203 1,922.493 101.100 2,160.190
202206 474.638 101.800 529.655
202209 556.314 103.100 612.971
202212 1,070.044 104.100 1,167.695
202303 1,087.030 104.400 1,182.822
202306 559.072 105.200 603.713
202309 479.143 106.200 512.530
202312 635.058 106.800 675.492
202403 1,667.948 107.200 1,767.527
202406 358.935 108.200 376.849
202409 228.303 108.900 238.156
202412 303.549 110.700 311.501
202503 2,330.594 111.100 2,383.038
202506 533.821 111.700 542.901
202509 615.264 112.000 624.053
202512 690.403 113.000 694.069
202603 2,161.847 112.700 2,179.111
202606 938.401 113.600 938.401

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.

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382.00 is trading 35.4% below its estimated GF Value™ of 円591.28. GuruFocus considers Central General Development Co to be Possible Value Trap.

Key valuation signals for TSE:3238:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円591.28 vs. price of 円382.00 (35.4% below fair value)
  • GF Score™: 48/100 with 7 warning signs

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.
48GF 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382.00
Price
円591.28
GF Value