Digital Plus (TSE:3691) Cyclically Adjusted PS Ratio: 2.18 (As of Aug. 15, 2026) — 57% Above Median

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TSE:3691 Digital Plus Inc TSE:3691
51 GF Score
Price 円1,523.00
GF Value 円978.89
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Digital Plus Cyclically Adjusted PS Ratio?

Digital Plus TSE:3691 -1.36% 51 Cyclically Adjusted PS Ratio is 2.18 as of Aug. 15, 2026, which is 57% above its 10-year median of 1.39. GuruFocus rates TSE:3691 with a GF Score™ of 51/100 and a GF Value™ of 円978.89 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 335 Interactive Media companies, Digital Plus ranks worse than 62.39% on this metric.

As of today (2026-08-15), Digital Plus's current share price is 円1523.00. Digital Plus's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円697.89. Digital Plus's Cyclically Adjusted PS Ratio for today is 2.18.

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

TSE:3691' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.39   Max: 3.47
Current: 2.17

During the past years, Digital Plus's highest Cyclically Adjusted PS Ratio was 3.47. The lowest was 0.52. And the median was 1.39.

TSE:3691's Cyclically Adjusted PS Ratio is ranked worse than
62.39% of 335 companies
in the Interactive Media industry
Industry Median: 1.34 vs TSE:3691: 2.17

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.

Digital Plus's adjusted revenue per share data for the three months ended in Mar. 2026 was 円91.281. 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697.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Plus  (TSE:3691) 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.


Digital Plus Cyclically Adjusted PS Ratio Related Terms


Digital Plus Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Digital Plus'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.

Digital Plus Cyclically Adjusted PS Ratio Chart

Digital Plus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.71 1.64

Digital Plus Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 1.37 1.64 1.88 1.81

TSE:3691 vs GOOGL, META, SPOT: Cyclically Adjusted PS Ratio Comparison

For the Internet Content & Information subindustry, Digital Plus'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.


Digital Plus Cyclically Adjusted PS Ratio vs Interactive Media Industry

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

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


TSE:3691
51GF Score
Digital Plus Inc TSE:3691
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Plus 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.

Digital Plus's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1523.00/697.89
=2.18

* 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.

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

For example, Digital Plus'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)
=91.281/112.7000*112.7000
=91.281

Current CPI (Mar. 2026) = 112.7000.

Digital Plus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 439.174 97.900 505.566
201606 425.314 98.100 488.613
201609 429.221 98.000 493.604
201612 406.035 98.400 465.042
201703 419.686 98.100 482.147
201706 390.468 98.500 446.759
201709 357.824 98.800 408.166
201712 333.218 99.400 377.804
201803 342.039 99.200 388.587
201806 380.969 99.200 432.815
201809 269.675 99.900 304.228
201812 268.380 99.700 303.374
201903 268.407 99.700 303.405
201906 115.501 99.800 130.430
201909 68.582 100.100 77.215
201912 57.096 100.500 64.027
202003 49.339 100.300 55.439
202006 34.548 99.900 38.975
202009 30.012 99.900 33.857
202012 9.895 99.300 11.230
202103 17.418 99.900 19.650
202106 27.091 99.500 30.685
202109 33.715 100.100 37.959
202112 39.994 100.100 45.028
202203 42.252 101.100 47.100
202206 42.699 101.800 47.271
202209 44.754 103.100 48.921
202212 26.710 104.100 28.917
202303 54.209 104.400 58.519
202306 52.318 105.200 56.048
202309 52.091 106.200 55.279
202312 56.574 106.800 59.699
202403 56.778 107.200 59.691
202406 57.701 108.200 60.101
202409 59.497 108.900 61.573
202503 0.000 111.100 0.000
202506 44.032 111.700 44.426
202509 65.659 112.000 66.069
202512 75.100 113.000 74.901
202603 91.281 112.700 91.281

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 2.18 mean?
Digital Plus (TSE:3691) has a Cyclically Adjusted PS Ratio of 2.18 as of Aug. 15, 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 Digital Plus and its competitors. This is 57% above median its historical median of 1.39. Over the past decade, Digital Plus' Cyclically Adjusted PS Ratio has ranged from 0.52 to 3.47. According to the industry distribution chart, Digital Plus ranks #209 out of 335 companies in the Interactive Media industry, placing it in the top 62.4%.
Is Digital Plus' Cyclically Adjusted PS Ratio too high?
Digital Plus' current Cyclically Adjusted PS Ratio of 2.18 is 57% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 3.47. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.34. Digital Plus' value of 2.18 is 62.7% above this industry median. Based on the distribution chart, Digital Plus ranks #209 out of 335 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Digital Plus has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Plus' Cyclically Adjusted PS Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Digital Plus ranks #209 out of 335 companies for Cyclically Adjusted PS Ratio. This places Digital Plus in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Digital Plus' value of 2.18 is 62.7% above this benchmark. Historically, Digital Plus' own Cyclically Adjusted PS Ratio has ranged from 0.52 to 3.47 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.34, Digital Plus 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 1.34, based on 335 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. Digital Plus's current Cyclically Adjusted PS Ratio of 2.18 is 62.7% 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 Digital Plus and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Plus's current Cyclically Adjusted PS Ratio is 2.18, which is 57% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Plus stock overvalued right now?
Based on GuruFocus' analysis, Digital Plus (TSE:3691) is currently considered Significantly Overvalued. The stock's GF Value™ is 円978.89, compared to a current price of 円1,523.00 — trading 55.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.18, which is 57% above median its 10-year median of 1.39 and 62.7% above the Interactive Media industry median of 1.34. Digital Plus' overall GF Score™ is 51/100 with 9 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 Digital Plus (TSE:3691), the current Cyclically Adjusted PS Ratio is 2.18 as of Aug. 15, 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 Digital Plus (TSE:3691) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Plus stock appears to be overvalued. The current stock price of 円1,523.00 is trading 55.6% above its estimated GF Value™ of 円978.89. GuruFocus considers Digital Plus to be Significantly Overvalued.

Key valuation signals for TSE:3691:

  • Cyclically Adjusted PS Ratio: 2.18 (57% above median its 10-year median of 1.39)
  • GF Value™: 円978.89 vs. price of 円1,523.00 (55.6% above fair value)
  • GF Score™: 51/100 with 9 warning signs
  • Industry Position: 62.7% above the Interactive Media median (#209 of 335)

No single metric tells the full story. See the TSE:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Digital Plus Business Description

Address 30-13 Motoyoyogi-cho, Tokyo ONEST Motoyoyogi Square, Shibuya-ku, JPN, 151-0062
Digital Plus Inc formerly Realworld Inc provides crowd sourcing services. The Company also offers cloud media and point exchange services. The Group is comprises of service segments based on business divisions that provide different services, with two reportable segments being the Digital Marketing Business and the FinTech Business. Digital marketing segments manages advertising agency, solution development and sales, consulting services Owned media management and alliance media management. The Fintech includes operation of Digital wallet, application of new technologies such as the blockchain used in Bitcoin, business development in the financial field such as investment, factoring.
51GF Score

Get the complete analysis for TSE:3691

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

円1,523.00
Price
円978.89
GF Value