GREE Holdings (TSE:3632) Cyclically Adjusted PS Ratio: 1.18 (As of Sep. 16, 2026) — 16% Below Median

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TSE:3632 GREE Holdings Inc TSE:3632
68 GF Score
Price 円422.00
GF Value 円392.31
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is GREE Holdings Cyclically Adjusted PS Ratio?

GREE Holdings TSE:3632 -0.71% 68 Cyclically Adjusted PS Ratio is 1.18 as of Sep. 16, 2026, which is 16% below its 10-year median of 1.40. GuruFocus rates TSE:3632 with a GF Score™ of 68/100 and a GF Value™ of 円392.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 345 Interactive Media companies, GREE Holdings ranks better than 54.49% on this metric.

As of today (2026-09-16), GREE Holdings's current share price is 円422.00. GREE Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円357.89. GREE Holdings's Cyclically Adjusted PS Ratio for today is 1.18.

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

TSE:3632' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.4   Max: 3.23
Current: 1.14

During the past years, GREE Holdings's highest Cyclically Adjusted PS Ratio was 3.23. The lowest was 0.86. And the median was 1.40.

TSE:3632's Cyclically Adjusted PS Ratio is ranked better than
54.49% of 345 companies
in the Interactive Media industry
Industry Median: 1.28 vs TSE:3632: 1.14

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.

GREE Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was 円75.287. 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357.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GREE Holdings  (TSE:3632) 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.


GREE Holdings Cyclically Adjusted PS Ratio Related Terms


GREE Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GREE 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.

GREE Holdings Cyclically Adjusted PS Ratio Chart

GREE 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 2.16 1.74 1.50 1.47 1.06

GREE 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 1.45 1.23 1.11 1.03 1.04

TSE:3632 vs NTES, TTWO, RBLX: Cyclically Adjusted PS Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, GREE 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.


GREE Holdings Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GREE Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3632
68GF Score
GREE Holdings Inc TSE:3632
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GREE 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=422.00/357.889
=1.18

* 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.

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

For example, GREE 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)
=75.287/112.7000*112.7000
=75.287

Current CPI (Mar. 2026) = 112.7000.

GREE Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 66.406 98.100 76.289
201609 63.347 98.000 72.849
201612 65.152 98.400 74.620
201703 67.216 98.100 77.220
201706 81.818 98.500 93.613
201709 90.767 98.800 103.537
201712 81.777 99.400 92.719
201803 75.918 99.200 86.250
201806 80.525 99.200 91.484
201809 76.862 99.900 86.710
201812 74.801 99.700 84.554
201903 74.505 99.700 84.220
201906 75.634 99.800 85.410
201909 68.411 100.100 77.022
201912 71.060 100.500 79.686
202003 66.851 100.300 75.116
202006 65.603 99.900 74.009
202009 64.656 99.900 72.940
202012 74.162 99.300 84.170
202103 73.243 99.900 82.627
202106 64.514 99.500 73.073
202109 65.233 100.100 73.444
202112 102.879 100.100 115.829
202203 114.349 101.100 127.469
202206 115.753 101.800 128.147
202209 94.703 103.100 103.521
202212 96.381 104.100 104.343
202303 127.489 104.400 137.625
202306 116.064 105.200 124.339
202309 91.450 106.200 97.047
202312 83.349 106.800 87.953
202403 99.398 107.200 104.498
202406 81.557 108.200 84.949
202409 75.658 108.900 78.298
202412 90.692 110.700 92.331
202503 85.311 111.100 86.540
202506 80.530 111.700 81.251
202509 73.653 112.000 74.113
202512 73.985 113.000 73.789
202603 75.287 112.700 75.287

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 1.18 mean?
GREE Holdings (TSE:3632) has a Cyclically Adjusted PS Ratio of 1.18 as of Sep. 16, 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 GREE Holdings and its competitors. This is 16% below median its historical median of 1.40. Over the past decade, GREE Holdings' Cyclically Adjusted PS Ratio has ranged from 0.86 to 3.23. According to the industry distribution chart, GREE Holdings ranks #157 out of 345 companies in the Interactive Media industry, placing it in the top 45.5%.
Is GREE Holdings' Cyclically Adjusted PS Ratio too high?
GREE Holdings' current Cyclically Adjusted PS Ratio of 1.18 is 16% below median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 3.23. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.28. GREE Holdings' value of 1.18 is 7.8% below this industry median. Based on the distribution chart, GREE Holdings ranks #157 out of 345 companies in the Interactive Media industry, which is above the industry midpoint. Overall, GREE Holdings has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GREE Holdings' Cyclically Adjusted PS Ratio compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, GREE Holdings ranks #157 out of 345 companies for Cyclically Adjusted PS Ratio. This puts GREE Holdings in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. GREE Holdings' value of 1.18 is 7.8% below this benchmark. Historically, GREE Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.86 to 3.23 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.28, GREE 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 an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.28, based on 345 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. GREE Holdings's current Cyclically Adjusted PS Ratio of 1.18 is 7.8% 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 GREE Holdings and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GREE Holdings's current Cyclically Adjusted PS Ratio is 1.18, which is 16% below median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GREE Holdings stock overvalued right now?
Based on GuruFocus' analysis, GREE Holdings (TSE:3632) is currently considered Fairly Valued. The stock's GF Value™ is 円392.31, compared to a current price of 円422.00 — trading 7.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.18, which is 16% below median its 10-year median of 1.40 and 7.8% below the Interactive Media industry median of 1.28. GREE Holdings' overall GF Score™ is 68/100 with 4 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 GREE Holdings (TSE:3632), the current Cyclically Adjusted PS Ratio is 1.18 as of Sep. 16, 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 GREE Holdings (TSE:3632) Overvalued in 2026?

Based on GuruFocus' analysis, GREE Holdings stock appears to be overvalued. The current stock price of 円422.00 is trading 7.6% above its estimated GF Value™ of 円392.31. GuruFocus considers GREE Holdings to be Fairly Valued.

Key valuation signals for TSE:3632:

  • Cyclically Adjusted PS Ratio: 1.18 (16% below median its 10-year median of 1.40)
  • GF Value™: 円392.31 vs. price of 円422.00 (7.6% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 7.8% below the Interactive Media median (#157 of 345)

No single metric tells the full story. See the TSE:3632 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GREE Holdings Business Description

Other Exchanges V3U:Germany
Address 6-11-1 Roppongi, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN
GREE Holdings Inc is a Japanese internet media company headquartered in Tokyo. It is engaged in developing the Game and Anime, Metaverse, DX, Manga, and Investment Business.
68GF Score

Get the complete analysis for TSE:3632

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

円422.00
Price
円392.31
GF Value