Grandes (TSE:3261) Cyclically Adjusted PS Ratio: (As of Jul. 27, 2026)

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:3261 Grandes Inc TSE:3261
71 GF Score
Price 円398.00
GF Value 円385.88
Valuation Fairly Valued
! 6 Warning Signs
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What is Grandes Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grandes  (TSE:3261) 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.


Grandes Cyclically Adjusted PS Ratio Related Terms


Grandes Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Grandes'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.

Grandes Cyclically Adjusted PS Ratio Chart

Grandes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.61 0.51 0.00 0.00

Grandes Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 1.37 1.28 0.00 0.00

TSE:3261 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Grandes'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.


Grandes Cyclically Adjusted PS Ratio vs Real Estate Industry

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

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


TSE:3261
71GF Score
Grandes Inc TSE:3261
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grandes 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.

Grandes's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Grandes's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

Grandes Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 173.406 98.500 198.933
201512 159.307 98.100 183.503
201603 90.559 97.900 104.527
201606 93.584 98.100 107.798
201609 76.878 98.000 88.645
201612 245.588 98.400 282.027
201703 51.151 98.100 58.920
201706 167.273 98.500 191.897
201709 164.395 98.800 188.023
201712 195.634 99.400 222.401
201803 93.522 99.200 106.532
201806 192.780 99.200 219.598
201809 129.672 99.900 146.676
201812 218.121 99.700 247.218
201903 101.607 99.700 115.161
201906 147.189 99.800 166.657
201909 293.417 100.100 331.230
201912 139.511 100.500 156.863
202003 85.857 100.300 96.728
202006 122.969 99.900 139.094
202009 97.063 99.900 109.791
202012 180.533 99.300 205.440
202103 70.197 99.900 79.402
202106 326.381 99.500 370.664
202109 157.415 100.100 177.701
202112 226.354 100.100 255.524
202203 70.696 101.100 79.017
202206 171.824 101.800 190.728
202209 90.464 103.100 99.151
202212 427.407 104.100 463.948
202303 253.762 104.400 274.666
202306 455.510 105.200 489.284
202309 301.856 106.200 321.184
202312 303.244 106.800 320.848
202403 286.578 107.200 302.083
202406 244.620 108.200 255.472
202412 0.000 110.700 0.000
202503 221.442 111.100 225.229
202506 158.221 111.700 160.062
202512 0.000 113.000 0.000

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 Grandes (TSE:3261) Overvalued in 2026?

Based on GuruFocus' analysis, Grandes stock appears to be overvalued. The current stock price of 円398.00 is trading 3.1% above its estimated GF Value™ of 円385.88. GuruFocus considers Grandes to be Fairly Valued.

Key valuation signals for TSE:3261:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円385.88 vs. price of 円398.00 (3.1% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the TSE:3261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grandes Business Description

Address 1-10 Miyakomachi 2-chome, 3rd Floor, Walker Building, Oita, JPN, 870-0034
Grandes Inc is engages in the construction and sale of real estate properties in Japan. It is involved in the planning, development, and provision of wooded detached houses in Oita and Beppu in Japan.
71GF Score

Get the complete analysis for TSE:3261

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

円398.00
Price
円385.88
GF Value