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Densan CoTSE:3640 +1.30%66 Cyclically Adjusted PS Ratio is 0.81 as of Sep. 11, 2026, which is at its 10-year median of 0.81. GuruFocus rates TSE:3640 with a GF Score™ of 66/100 and a GF Value™ of 円2,631.78 (Fairly Valued). Among 730 Semiconductors companies, Densan Co ranks better than 77.81% on this metric.
The historical rank and industry rank for Densan Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSE:3640'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.81 Max: 1.14
Current: 0.83
During the past years, Densan Co's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.45. And the median was 0.81.
TSE:3640's Cyclically Adjusted PS Ratio is ranked better than 77.81% of 730
companies
in the Semiconductors industry
Industry Median: 3.18
vs TSE:3640: 0.83
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.
Densan Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,776.983. 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3,391.04 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Densan Co (TSE:3640) 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.
Densan Co Cyclically Adjusted PS Ratio Related Terms
Densan Co Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Densan 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.
TSE:3640 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison
For the Semiconductors subindustry, Densan 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.
Densan Co Cyclically Adjusted PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Densan Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Densan Co's Cyclically Adjusted PS Ratio falls into.
Densan 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.
Densan Co's Cyclically Adjusted PS Ratio for today is calculated as
* 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 0.81 mean?
Densan Co (TSE:3640) has a Cyclically Adjusted PS Ratio of 0.81 as of Sep. 11, 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 Densan Co and its competitors. This is near median its historical median of 0.81. Over the past decade, Densan Co's Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.14. According to the industry distribution chart, Densan Co ranks #162 out of 730 companies in the Semiconductors industry, placing it in the top 22.2%.
Is Densan Co's Cyclically Adjusted PS Ratio too high?
Densan Co's current Cyclically Adjusted PS Ratio of 0.81 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.14. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.18. Densan Co's value of 0.81 is 74.5% below this industry median. Based on the distribution chart, Densan Co ranks #162 out of 730 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Densan Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Densan Co's Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Densan Co ranks #162 out of 730 companies for Cyclically Adjusted PS Ratio. This places Densan Co in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.18. Densan Co's value of 0.81 is 74.5% below this benchmark. Historically, Densan Co's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.14 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 3.18, Densan Co 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.18, based on 730 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. Densan Co's current Cyclically Adjusted PS Ratio of 0.81 is 74.5% 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 Densan Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Densan Co's current Cyclically Adjusted PS Ratio is 0.81, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Densan Co stock overvalued right now?
Based on GuruFocus' analysis, Densan Co (TSE:3640) is currently considered Fairly Valued. The stock's GF Value™ is 円2,631.78, compared to a current price of 円2,735.00 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.81, which is near median its 10-year median of 0.81 and 74.5% below the Semiconductors industry median of 3.18. Densan Co's overall GF Score™ is 66/100. 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 Densan Co (TSE:3640), the current Cyclically Adjusted PS Ratio is 0.81 as of Sep. 11, 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 Densan Co (TSE:3640) Overvalued in 2026?
Based on GuruFocus' analysis, Densan Co stock appears to be overvalued.
The current stock price of 円2,735.00 is trading 3.9% above its estimated GF Value™ of 円2,631.78.
GuruFocus considers Densan Co to be Fairly Valued.
Key valuation signals for TSE:3640:
Cyclically Adjusted PS Ratio: 0.81 (near median its 10-year median of 0.81)
GF Value™: 円2,631.78 vs. price of 円2,735.00 (3.9% above fair value)
Industry Position: 74.5% below the Semiconductors median (#162 of 730)
No single metric tells the full story. See the TSE:3640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Densan Co Ltd is engaged in the development and provision of information systems and related services. Its reporting segments include the Public Sector and the Industrial Sector. In the Public Sector, it serves local governments and related organizations by developing, selling, and supporting package systems, as well as offering equipment sales and information processing services. The Industrial Sector focuses on private enterprises and medical and welfare institutions, offering software development, equipment sales, and various information services. It also includes internet connectivity services for general consumers. It generates the majority of its revenue from the Public Sector segment.
66GF Score
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