Celsys (TSE:3663) Cyclically Adjusted PS Ratio: (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3663 Celsys Inc TSE:3663
92 GF Score
Price 円1,965.00
GF Value 円1,240.86
Valuation Significantly Overvalued
View Full Analysis

What is Celsys Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Celsys  (TSE:3663) 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.


Celsys Cyclically Adjusted PS Ratio Related Terms


Celsys Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Celsys'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.

Celsys Cyclically Adjusted PS Ratio Chart

Celsys Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.91 3.90 0.00 0.00

Celsys Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.81 7.33 0.00 0.00 0.00

TSE:3663 vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Celsys'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.


Celsys Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:3663
92GF Score
Celsys Inc TSE:3663
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Celsys 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.

Celsys's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Celsys's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

Celsys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 38.496 98.100 44.343
201603 38.726 97.900 44.699
201606 41.968 98.100 48.342
201609 28.277 98.000 32.605
201612 28.200 98.400 32.384
201703 30.187 98.100 34.772
201706 31.781 98.500 36.459
201709 37.350 98.800 42.718
201712 31.574 99.400 35.894
201803 36.538 99.200 41.621
201806 32.978 99.200 37.566
201809 32.742 99.900 37.035
201812 34.888 99.700 39.542
201903 42.507 99.700 48.177
201906 44.387 99.800 50.258
201909 46.349 100.100 52.322
201912 40.911 100.500 45.999
202003 44.235 100.300 49.836
202006 47.833 99.900 54.105
202009 50.815 99.900 57.478
202012 52.373 99.300 59.599
202103 53.634 99.900 60.667
202106 51.896 99.500 58.937
202109 50.859 100.100 57.413
202112 51.167 100.100 57.761
202203 52.574 101.100 58.762
202206 53.417 101.800 59.294
202209 49.254 103.100 53.984
202212 57.138 104.100 62.023
202303 63.293 104.400 68.507
202306 59.159 105.200 63.545
202309 57.712 106.200 61.407
202312 58.163 106.800 61.540
202403 62.000 107.200 65.354
202406 64.693 108.200 67.563
202412 0.000 110.700 0.000
202503 78.013 111.100 79.347
202506 76.206 111.700 77.093
202509 0.000 112.000 0.000
202512 0.000 113.000 0.000

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.

Is Celsys (TSE:3663) Overvalued in 2026?

Based on GuruFocus' analysis, Celsys stock appears to be overvalued. The current stock price of 円1,965.00 is trading 58.4% above its estimated GF Value™ of 円1,240.86. GuruFocus considers Celsys to be Significantly Overvalued.

Key valuation signals for TSE:3663:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,240.86 vs. price of 円1,965.00 (58.4% above fair value)
  • GF Score™: 92/100

No single metric tells the full story. See the TSE:3663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Celsys Business Description

Address 4-15-7 Nishi-Shinjuku, Pacific Marks Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0023
Celsys Inc is engaged in UI/UX and creator support businesses. It develops UI development solution products, such as exbeans UI Conductor, an UI authoring tool; exbeans Affinity, a Web application platform; Higlyph, a scalable font rendering engine; and graphics rendering related products to various device manufacturers, including communication carriers, mobile devices and digital home appliances. The company also researches and develops graphics technology products comprising Clip Studio, Retas Studio, And Clip Studio for producing graphics-related content, such as illustration, manga, animation, and the Internet; and provides services to support creative activities.
92GF Score

Get the complete analysis for TSE:3663

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

円1,965.00
Price
円1,240.86
GF Value