Medical Net (TSE:3645) Cyclically Adjusted PS Ratio: 0.62 (As of Jul. 31, 2026) — 58% Below Median

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TSE:3645 Medical Net Inc TSE:3645
61 GF Score
Price 円244.00
GF Value 円427.54
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Medical Net Cyclically Adjusted PS Ratio?

Medical Net TSE:3645 +0.83% 61 Cyclically Adjusted PS Ratio is 0.62 as of Jul. 31, 2026, which is 58% below its 10-year median of 1.48. GuruFocus rates TSE:3645 with a GF Score™ of 61/100 and a GF Value™ of 円427.54 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 329 Interactive Media companies, Medical Net ranks better than 70.21% on this metric.

As of today (2026-07-31), Medical Net's current share price is 円244.00. Medical Net's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円395.61. Medical Net's Cyclically Adjusted PS Ratio for today is 0.62.

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

TSE:3645' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.48   Max: 4.51
Current: 0.61

During the past years, Medical Net's highest Cyclically Adjusted PS Ratio was 4.51. The lowest was 0.58. And the median was 1.48.

TSE:3645's Cyclically Adjusted PS Ratio is ranked better than
70.21% of 329 companies
in the Interactive Media industry
Industry Median: 1.3 vs TSE:3645: 0.61

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.

Medical Net's adjusted revenue per share data for the three months ended in Feb. 2026 was 円176.683. 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395.61 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medical Net  (TSE:3645) 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.


Medical Net Cyclically Adjusted PS Ratio Related Terms


Medical Net Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Medical Net'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.

Medical Net Cyclically Adjusted PS Ratio Chart

Medical Net Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 1.50 1.17 0.88 0.00

Medical Net Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.88 0.87 0.00 0.78 0.00

TSE:3645 vs GOOGL, META, SPOT: Cyclically Adjusted PS Ratio Comparison

For the Internet Content & Information subindustry, Medical Net'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.


Medical Net Cyclically Adjusted PS Ratio vs Interactive Media Industry

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

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


TSE:3645
61GF Score
Medical Net Inc TSE:3645
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medical Net 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.

Medical Net's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=244.00/395.61
=0.62

* 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.

Medical Net's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Medical Net's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=176.683/112.2000*112.2000
=176.683

Current CPI (Feb. 2026) = 112.2000.

Medical Net Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201602 36.372 97.800 41.727
201605 34.452 98.200 39.364
201608 34.247 97.900 39.249
201611 34.463 98.600 39.217
201702 32.498 98.100 37.169
201705 36.206 98.600 41.200
201708 37.736 98.500 42.985
201711 42.981 99.100 48.663
201802 38.303 99.500 43.192
201805 42.559 99.300 48.088
201808 35.440 99.800 39.843
201811 38.386 100.000 43.069
201902 61.711 99.700 69.448
201905 72.030 100.000 80.818
201908 71.235 100.000 79.926
201911 89.489 100.500 99.907
202002 90.488 100.300 101.224
202005 92.062 100.100 103.190
202008 76.597 100.100 85.856
202011 92.305 99.500 104.087
202102 87.923 99.800 98.847
202105 86.752 99.400 97.923
202108 93.263 99.700 104.956
202111 102.619 100.100 115.023
202202 100.871 100.700 112.391
202205 130.953 101.800 144.331
202208 110.270 102.700 120.470
202211 114.770 103.900 123.938
202302 124.693 104.000 134.525
202305 152.031 105.100 162.301
202308 121.555 105.900 128.786
202311 137.351 106.900 144.161
202402 145.234 106.900 152.435
202405 176.493 108.100 183.187
202411 0.000 110.000 0.000
202502 167.980 110.800 170.102
202505 185.647 111.800 186.311
202508 173.541 112.100 173.696
202511 0.000 113.200 0.000
202602 176.683 112.200 176.683

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 0.62 mean?
Medical Net (TSE:3645) has a Cyclically Adjusted PS Ratio of 0.62 as of Jul. 31, 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 Medical Net and its competitors. This is 58% below median its historical median of 1.48. Over the past decade, Medical Net's Cyclically Adjusted PS Ratio has ranged from 0.58 to 4.51. According to the industry distribution chart, Medical Net ranks #98 out of 329 companies in the Interactive Media industry, placing it in the top 29.8%.
Is Medical Net's Cyclically Adjusted PS Ratio too high?
Medical Net's current Cyclically Adjusted PS Ratio of 0.62 is 58% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 4.51. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.30. Medical Net's value of 0.62 is 52.3% below this industry median. Based on the distribution chart, Medical Net ranks #98 out of 329 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Medical Net has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medical Net's Cyclically Adjusted PS Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Medical Net ranks #98 out of 329 companies for Cyclically Adjusted PS Ratio. This puts Medical Net in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. Medical Net's value of 0.62 is 52.3% below this benchmark. Historically, Medical Net's own Cyclically Adjusted PS Ratio has ranged from 0.58 to 4.51 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.30, Medical Net 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 1.30, 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. Medical Net's current Cyclically Adjusted PS Ratio of 0.62 is 52.3% 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 Medical Net 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. Medical Net's current Cyclically Adjusted PS Ratio is 0.62, which is 58% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Net stock overvalued right now?
Based on GuruFocus' analysis, Medical Net (TSE:3645) is currently considered Significantly Undervalued. The stock's GF Value™ is 円427.54, compared to a current price of 円244.00 — trading 42.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.62, which is 58% below median its 10-year median of 1.48 and 52.3% below the Interactive Media industry median of 1.30. Medical Net's overall GF Score™ is 61/100 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 Medical Net (TSE:3645), the current Cyclically Adjusted PS Ratio is 0.62 as of Jul. 31, 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 Medical Net (TSE:3645) Overvalued in 2026?

Based on GuruFocus' analysis, Medical Net stock appears to be undervalued. The current stock price of 円244.00 is trading 42.9% below its estimated GF Value™ of 円427.54. GuruFocus considers Medical Net to be Significantly Undervalued.

Key valuation signals for TSE:3645:

  • Cyclically Adjusted PS Ratio: 0.62 (58% below median its 10-year median of 1.48)
  • GF Value™: 円427.54 vs. price of 円244.00 (42.9% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 52.3% below the Interactive Media median (#98 of 329)

No single metric tells the full story. See the TSE:3645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medical Net Business Description

Address 1-34-14 Hatagaya, 3rd Floor, Takara Building, Shibuya-ku, Tokyo, JPN, 151-0072
Medical Net Inc operates as a service-based holding company engaged in various healthcare-related businesses. It manages four main reporting segments: Media Platform, Medical Institution Management Support, Medical BtoB, and Cloud Integration. The Media Platform segment runs specialized portal websites focused on dentistry, beauty, and health. The Medical Institution Management Support segment offers SEO and listing advertisement services, website production and maintenance, and sales and operational support to dental clinics. The Medical BtoB segment manages member-based dental industry portals and provides research and marketing services. The Cloud Integration segment develops and maintains POS systems for retailers, manufacturers, and hospitals, primarily in Thailand.
61GF Score

Get the complete analysis for TSE:3645

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

円244.00
Price
円427.54
GF Value