Trust Holdings (TSE:3286) Cyclically Adjusted PS Ratio: 0.25 (As of Sep. 22, 2026) — 127% Above Median

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TSE:3286 Trust Holdings Inc TSE:3286
55 GF Score
Price 円881.00
GF Value 円759.55
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Trust Holdings Cyclically Adjusted PS Ratio?

Trust Holdings TSE:3286 -0.23% 55 Cyclically Adjusted PS Ratio is 0.25 as of Sep. 22, 2026, which is 127% above its 10-year median of 0.11. GuruFocus rates TSE:3286 with a GF Score™ of 55/100 and a GF Value™ of 円759.55 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 726 Business Services companies, Trust Holdings ranks better than 81.68% on this metric.

As of today (2026-09-22), Trust Holdings's current share price is 円881.00. Trust Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円3,538.90. Trust Holdings's Cyclically Adjusted PS Ratio for today is 0.25.

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

TSE:3286' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 0.34
Current: 0.26

During the past years, Trust Holdings's highest Cyclically Adjusted PS Ratio was 0.34. The lowest was 0.01. And the median was 0.11.

TSE:3286's Cyclically Adjusted PS Ratio is ranked better than
81.68% of 726 companies
in the Business Services industry
Industry Median: 0.89 vs TSE:3286: 0.26

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.

Trust Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was 円1,152.842. 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3,538.90 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trust Holdings  (TSE:3286) 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.


Trust Holdings Cyclically Adjusted PS Ratio Related Terms


Trust Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Trust Holdings'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.

Trust Holdings Cyclically Adjusted PS Ratio Chart

Trust Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.11 0.24 0.28 0.25

Trust Holdings 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 0.28 0.25 0.27 0.30 0.25

TSE:3286 vs CTAS, CPRT, GPN: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, Trust Holdings'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.


Trust Holdings Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Trust Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3286
55GF Score
Trust Holdings Inc TSE:3286
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trust Holdings 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.

Trust Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=881.00/3538.9
=0.25

* 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.

Trust Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Trust Holdings'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)
=1152.842/113.6000*113.6000
=1,152.842

Current CPI (Jun. 2026) = 113.6000.

Trust Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 624.065 98.000 723.406
201612 573.736 98.400 662.362
201703 1,866.214 98.100 2,161.080
201706 609.627 98.500 703.083
201709 627.468 98.800 721.461
201712 531.664 99.400 607.616
201803 1,026.576 99.200 1,175.595
201806 944.930 99.200 1,082.097
201809 505.766 99.900 575.125
201812 727.489 99.700 828.914
201903 471.076 99.700 536.753
201906 1,213.041 99.800 1,380.776
201909 561.140 100.100 636.818
201912 756.410 100.500 855.007
202003 964.672 100.300 1,092.590
202006 550.502 99.900 625.996
202009 533.141 99.900 606.254
202012 724.850 99.300 829.234
202103 486.833 99.900 553.596
202106 828.844 99.500 946.298
202109 643.321 100.100 730.083
202112 1,007.763 100.100 1,143.675
202203 951.393 101.100 1,069.023
202206 751.584 101.800 838.703
202209 851.468 103.100 938.184
202212 679.469 104.100 741.476
202303 997.834 104.400 1,085.766
202306 1,068.276 105.200 1,153.576
202309 1,126.805 106.200 1,205.321
202312 754.176 106.800 802.195
202403 618.275 107.200 655.187
202406 1,126.993 108.200 1,183.238
202409 652.664 108.900 680.832
202412 1,087.839 110.700 1,116.337
202503 588.543 111.100 601.787
202506 1,045.938 111.700 1,063.729
202509 643.918 112.000 653.117
202512 680.275 113.000 683.887
202603 581.335 112.700 585.977
202606 1,152.842 113.600 1,152.842

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 0.25 mean?
Trust Holdings (TSE:3286) has a Cyclically Adjusted PS Ratio of 0.25 as of Sep. 22, 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 Trust Holdings and its competitors. This is 127% above median its historical median of 0.11. Over the past decade, Trust Holdings' Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.34. According to the industry distribution chart, Trust Holdings ranks #133 out of 726 companies in the Business Services industry, placing it in the top 18.3%.
Is Trust Holdings' Cyclically Adjusted PS Ratio too high?
Trust Holdings' current Cyclically Adjusted PS Ratio of 0.25 is 127% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.34. The Business Services industry median Cyclically Adjusted PS Ratio is 0.89. Trust Holdings' value of 0.25 is 71.9% below this industry median. Based on the distribution chart, Trust Holdings ranks #133 out of 726 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Trust Holdings has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trust Holdings' Cyclically Adjusted PS Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Trust Holdings ranks #133 out of 726 companies for Cyclically Adjusted PS Ratio. This places Trust Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.89. Trust Holdings' value of 0.25 is 71.9% below this benchmark. Historically, Trust Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.34 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.89, Trust Holdings 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.89, based on 726 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. Trust Holdings's current Cyclically Adjusted PS Ratio of 0.25 is 71.9% 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 Trust Holdings and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trust Holdings's current Cyclically Adjusted PS Ratio is 0.25, which is 127% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trust Holdings stock overvalued right now?
Based on GuruFocus' analysis, Trust Holdings (TSE:3286) is currently considered Modestly Overvalued. The stock's GF Value™ is 円759.55, compared to a current price of 円881.00 — trading 16% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.25, which is 127% above median its 10-year median of 0.11 and 71.9% below the Business Services industry median of 0.89. Trust Holdings' overall GF Score™ is 55/100 with 7 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 Trust Holdings (TSE:3286), the current Cyclically Adjusted PS Ratio is 0.25 as of Sep. 22, 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 Trust Holdings (TSE:3286) Overvalued in 2026?

Based on GuruFocus' analysis, Trust Holdings stock appears to be overvalued. The current stock price of 円881.00 is trading 16% above its estimated GF Value™ of 円759.55. GuruFocus considers Trust Holdings to be Modestly Overvalued.

Key valuation signals for TSE:3286:

  • Cyclically Adjusted PS Ratio: 0.25 (127% above median its 10-year median of 0.11)
  • GF Value™: 円759.55 vs. price of 円881.00 (16% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 71.9% below the Business Services median (#133 of 726)

No single metric tells the full story. See the TSE:3286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trust Holdings Business Description

Address 5-15-18 Hakataekiminami, Hakata-ku, Fukuoka, JPN, 812-0016
Trust Holdings Inc provides consultation, research, operation management and education services in commercial parking businsess. The company operates in two business segments. The parking lot business segment is engaged in the operation of parking lots that were built from idle lands. The real estate business segment is engaged in the planning and development.
55GF Score

Get the complete analysis for TSE:3286

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

円881.00
Price
円759.55
GF Value