Startia Holdings (TSE:3393) Cyclically Adjusted PS Ratio: 1.71 (As of Sep. 15, 2026) — 80% Above Median

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TSE:3393 Startia Holdings Inc TSE:3393
90 GF Score
Price 円3,115.00
GF Value 円2,634.02
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Startia Holdings Cyclically Adjusted PS Ratio?

Startia Holdings TSE:3393 +1.47% 90 Cyclically Adjusted PS Ratio is 1.71 as of Sep. 15, 2026, which is 80% above its 10-year median of 0.95. GuruFocus rates TSE:3393 with a GF Score™ of 90/100 and a GF Value™ of 円2,634.02 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,600 Software companies, Startia Holdings ranks worse than 50.81% on this metric.

As of today (2026-09-15), Startia Holdings's current share price is 円3115.00. Startia Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,826.39. Startia Holdings's Cyclically Adjusted PS Ratio for today is 1.71.

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

TSE:3393' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.95   Max: 2.02
Current: 1.7

During the past years, Startia Holdings's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.12. And the median was 0.95.

TSE:3393's Cyclically Adjusted PS Ratio is ranked worse than
50.81% of 1600 companies
in the Software industry
Industry Median: 1.66 vs TSE:3393: 1.70

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.

Startia Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was 円692.728. 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1,826.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Startia Holdings  (TSE:3393) 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.


Startia Holdings Cyclically Adjusted PS Ratio Related Terms


Startia Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Startia 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.

Startia Holdings Cyclically Adjusted PS Ratio Chart

Startia Holdings 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 0.57 1.20 1.07 1.32 1.47

Startia Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 1.64 1.56 1.61 1.46 1.61

TSE:3393 vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Startia 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.


Startia Holdings Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Startia Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3393
90GF Score
Startia Holdings Inc TSE:3393
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Startia 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3115.00/1826.386
=1.71

* 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.

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

For example, Startia Holdings'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)
=692.728/112.7000*112.7000
=692.728

Current CPI (Mar. 2026) = 112.7000.

Startia Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 281.716 97.900 324.304
201606 227.140 98.100 260.945
201609 241.110 98.000 277.277
201612 253.807 98.400 290.692
201703 289.713 98.100 332.830
201706 259.328 98.500 296.713
201709 272.534 98.800 310.876
201712 269.201 99.400 305.221
201803 293.702 99.200 333.672
201806 275.436 99.200 312.920
201809 289.739 99.900 326.863
201812 284.642 99.700 321.757
201903 336.032 99.700 379.848
201906 294.121 99.800 332.139
201909 343.847 100.100 387.128
201912 305.588 100.500 342.684
202003 359.893 100.300 404.386
202006 280.456 99.900 316.390
202009 326.427 99.900 368.251
202012 336.201 99.300 381.570
202103 408.140 99.900 460.434
202106 347.191 99.500 393.251
202109 359.351 100.100 404.584
202112 417.702 100.100 470.280
202203 588.313 101.100 655.815
202206 531.010 101.800 587.867
202209 591.300 103.100 646.358
202212 542.632 104.100 587.460
202303 564.183 104.400 609.037
202306 528.524 105.200 566.204
202309 532.330 106.200 564.911
202312 482.068 106.800 508.699
202403 549.394 107.200 577.581
202406 559.285 108.200 582.545
202409 573.313 108.900 593.318
202503 637.674 111.100 646.857
202506 599.750 111.700 605.119
202509 628.395 112.000 632.322
202512 620.306 113.000 618.659
202603 692.728 112.700 692.728

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 1.71 mean?
Startia Holdings (TSE:3393) has a Cyclically Adjusted PS Ratio of 1.71 as of Sep. 15, 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 Startia Holdings and its competitors. This is 80% above median its historical median of 0.95. Over the past decade, Startia Holdings' Cyclically Adjusted PS Ratio has ranged from 0.12 to 2.02. According to the industry distribution chart, Startia Holdings ranks #813 out of 1600 companies in the Software industry, placing it in the top 50.8%.
Is Startia Holdings' Cyclically Adjusted PS Ratio too high?
Startia Holdings' current Cyclically Adjusted PS Ratio of 1.71 is 80% above median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 2.02. The Software industry median Cyclically Adjusted PS Ratio is 1.66. Startia Holdings' value of 1.71 is 3% above this industry median. Based on the distribution chart, Startia Holdings ranks #813 out of 1600 companies in the Software industry, which is below the industry midpoint. Overall, Startia Holdings has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Startia Holdings' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Startia Holdings ranks #813 out of 1600 companies for Cyclically Adjusted PS Ratio. This places Startia Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. Startia Holdings' value of 1.71 is 3% above this benchmark. Historically, Startia Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.12 to 2.02 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.66, Startia Holdings has consistently been above 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.66, based on 1,600 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. Startia Holdings's current Cyclically Adjusted PS Ratio of 1.71 is 3% above 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 Startia Holdings and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Startia Holdings's current Cyclically Adjusted PS Ratio is 1.71, which is 80% above median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Startia Holdings stock overvalued right now?
Based on GuruFocus' analysis, Startia Holdings (TSE:3393) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,634.02, compared to a current price of 円3,115.00 — trading 18.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.71, which is 80% above median its 10-year median of 0.95 and 3% above the Software industry median of 1.66. Startia Holdings' overall GF Score™ is 90/100 with 2 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 Startia Holdings (TSE:3393), the current Cyclically Adjusted PS Ratio is 1.71 as of Sep. 15, 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 Startia Holdings (TSE:3393) Overvalued in 2026?

Based on GuruFocus' analysis, Startia Holdings stock appears to be overvalued. The current stock price of 円3,115.00 is trading 18.3% above its estimated GF Value™ of 円2,634.02. GuruFocus considers Startia Holdings to be Modestly Overvalued.

Key valuation signals for TSE:3393:

  • Cyclically Adjusted PS Ratio: 1.71 (80% above median its 10-year median of 0.95)
  • GF Value™: 円2,634.02 vs. price of 円3,115.00 (18.3% above fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 3% above the Software median (#813 of 1600)

No single metric tells the full story. See the TSE:3393 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Startia Holdings Business Description

Address 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0919
Startia Holdings Inc is engaged in the provision of information technology services in Japan. It operates through the following business divisions: the web solution-related division, the network solution-related divisions, and the business solution-related divisions.
90GF Score

Get the complete analysis for TSE:3393

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

円3,115.00
Price
円2,634.02
GF Value