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Koei Tecmo Holdings CoTSE:3635 -3.68%82 Cyclically Adjusted PS Ratio is 7.90 as of Aug. 01, 2026, which is 26% below its 10-year median of 10.72. GuruFocus rates TSE:3635 with a GF Score™ of 82/100 and a GF Value™ of 円2,098.43 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 329 Interactive Media companies, Koei Tecmo Holdings Co ranks worse than 91.49% on this metric.
The historical rank and industry rank for Koei Tecmo Holdings Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSE:3635'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.08 Med: 10.72 Max: 23.17
Current: 7.9
During the past years, Koei Tecmo Holdings Co's highest Cyclically Adjusted PS Ratio was 23.17. The lowest was 5.08. And the median was 10.72.
TSE:3635's Cyclically Adjusted PS Ratio is ranked worse than 91.49% of 329
companies
in the Interactive Media industry
Industry Median: 1.3
vs TSE:3635: 7.90
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.
Koei Tecmo Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円112.714. 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203.77 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Koei Tecmo Holdings Co (TSE:3635) 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.
Koei Tecmo Holdings Co Cyclically Adjusted PS Ratio Related Terms
Koei Tecmo Holdings Co Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Koei Tecmo Holdings 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.
Koei Tecmo Holdings Co Cyclically Adjusted PS Ratio Chart
TSE:3635 vs NTES, EA, TTWO: Cyclically Adjusted PS Ratio Comparison
For the Electronic Gaming & Multimedia subindustry, Koei Tecmo Holdings 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.
Koei Tecmo Holdings Co Cyclically Adjusted PS Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Koei Tecmo Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Koei Tecmo Holdings Co's Cyclically Adjusted PS Ratio falls into.
Koei Tecmo Holdings 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.
* 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.
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 7.90 mean?
Koei Tecmo Holdings Co (TSE:3635) has a Cyclically Adjusted PS Ratio of 7.90 as of Aug. 01, 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 Koei Tecmo Holdings Co and its competitors. This is 26% below median its historical median of 10.72. Over the past decade, Koei Tecmo Holdings Co's Cyclically Adjusted PS Ratio has ranged from 5.08 to 23.17. According to the industry distribution chart, Koei Tecmo Holdings Co ranks #301 out of 329 companies in the Interactive Media industry, placing it in the top 91.5%.
Is Koei Tecmo Holdings Co's Cyclically Adjusted PS Ratio too high?
Koei Tecmo Holdings Co's current Cyclically Adjusted PS Ratio of 7.90 is 26% below median its 10-year median of 10.72. Over the past 10 years, this metric has ranged from a low of 5.08 to a high of 23.17. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.30. Koei Tecmo Holdings Co's value of 7.90 is 507.7% above this industry median. Based on the distribution chart, Koei Tecmo Holdings Co ranks #301 out of 329 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Koei Tecmo Holdings Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Koei Tecmo Holdings Co's Cyclically Adjusted PS Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Koei Tecmo Holdings Co ranks #301 out of 329 companies for Cyclically Adjusted PS Ratio. This places Koei Tecmo Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. Koei Tecmo Holdings Co's value of 7.90 is 507.7% above this benchmark. Historically, Koei Tecmo Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 5.08 to 23.17 over the past decade. While the company's 10-year median is 10.72 vs. the industry median of 1.30, Koei Tecmo Holdings Co 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 an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.30, based on 329 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. Koei Tecmo Holdings Co's current Cyclically Adjusted PS Ratio of 7.90 is 507.7% 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 Koei Tecmo Holdings Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koei Tecmo Holdings Co's current Cyclically Adjusted PS Ratio is 7.90, which is 26% below median its own 10-year median of 10.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koei Tecmo Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Koei Tecmo Holdings Co (TSE:3635) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,098.43, compared to a current price of 円1,609.50 — trading 23.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.90, which is 26% below median its 10-year median of 10.72 and 507.7% above the Interactive Media industry median of 1.30. Koei Tecmo Holdings Co's overall GF Score™ is 82/100 with 3 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 Koei Tecmo Holdings Co (TSE:3635), the current Cyclically Adjusted PS Ratio is 7.90 as of Aug. 01, 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 Koei Tecmo Holdings Co (TSE:3635) Overvalued in 2026?
Based on GuruFocus' analysis, Koei Tecmo Holdings Co stock appears to be undervalued.
The current stock price of 円1,609.50 is trading 23.3% below its estimated GF Value™ of 円2,098.43.
GuruFocus considers Koei Tecmo Holdings Co to be Modestly Undervalued.
Key valuation signals for TSE:3635:
Cyclically Adjusted PS Ratio: 7.90 (26% below median its 10-year median of 10.72)
GF Value™: 円2,098.43 vs. price of 円1,609.50 (23.3% below fair value)
Industry Position: 507.7% above the Interactive Media median (#301 of 329)
No single metric tells the full story. See the TSE:3635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koei Tecmo Holdings is a Japanese video game, amusement, and anime company created in 2009 by the merger of Koei and Tecmo, best known for their Nobunaga's Ambition, Romance of the Three Kingdoms, Nioh, and Atelier game franchises. The company also creates games based on third-party franchises, such as Nintendo's The Legend of Zelda and Fire Emblem, and Kodansha's Attack on Titan.
82GF Score
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