SRA Holdings (TSE:3817) Cyclically Adjusted PS Ratio: 1.26 (As of Aug. 08, 2026) — 29% Above Median

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TSE:3817 SRA Holdings Inc TSE:3817
78 GF Score
Price 円4,835.00
GF Value 円4,751.97
Valuation Fairly Valued
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What is SRA Holdings Cyclically Adjusted PS Ratio?

SRA Holdings TSE:3817 +2.76% 78 Cyclically Adjusted PS Ratio is 1.26 as of Aug. 08, 2026, which is 29% above its 10-year median of 0.98. GuruFocus rates TSE:3817 with a GF Score™ of 78/100 and a GF Value™ of 円4,751.97 (Fairly Valued). Among 1,587 Software companies, SRA Holdings ranks better than 58.22% on this metric.

As of today (2026-08-08), SRA Holdings's current share price is 円4835.00. SRA Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,831.89. SRA Holdings's Cyclically Adjusted PS Ratio for today is 1.26.

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

TSE:3817' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.98   Max: 1.56
Current: 1.25

During the past years, SRA Holdings's highest Cyclically Adjusted PS Ratio was 1.56. The lowest was 0.63. And the median was 0.98.

TSE:3817's Cyclically Adjusted PS Ratio is ranked better than
58.22% of 1587 companies
in the Software industry
Industry Median: 1.66 vs TSE:3817: 1.25

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.

SRA Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,094.277. 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3,831.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SRA Holdings  (TSE:3817) 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.


SRA Holdings Cyclically Adjusted PS Ratio Related Terms


SRA Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SRA Holdings'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.

SRA Holdings Cyclically Adjusted PS Ratio Chart

SRA Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.86 1.12 1.17 1.20

SRA Holdings 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 1.17 0.00 0.00 0.00 1.20

TSE:3817 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, SRA Holdings'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.


SRA Holdings Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:3817
78GF Score
SRA Holdings Inc TSE:3817
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SRA Holdings 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.

SRA Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4835.00/3831.89
=1.26

* 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.

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

For example, SRA Holdings'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)
=1094.277/112.7000*112.7000
=1,094.277

Current CPI (Mar. 2026) = 112.7000.

SRA Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 872.498 97.900 1,004.398
201606 766.480 98.100 880.553
201609 782.148 98.000 899.470
201612 773.699 98.400 886.137
201703 885.488 98.100 1,017.273
201706 768.132 98.500 878.868
201709 858.637 98.800 979.437
201712 749.675 99.400 849.984
201803 820.411 99.200 932.060
201806 793.468 99.200 901.450
201809 826.281 99.900 932.151
201812 800.195 99.700 904.533
201903 888.547 99.700 1,004.406
201906 811.608 99.800 916.515
201909 842.182 100.100 948.191
201912 859.528 100.500 963.869
202003 1,024.236 100.300 1,150.861
202006 790.370 99.900 891.639
202009 762.341 99.900 860.018
202012 760.315 99.300 862.915
202103 879.549 99.900 992.244
202106 757.863 99.500 858.404
202109 785.361 100.100 884.218
202112 786.334 100.100 885.313
202203 926.608 101.100 1,032.925
202206 813.927 101.800 901.076
202209 880.993 103.100 963.025
202212 834.890 104.100 903.863
202303 929.796 104.400 1,003.717
202306 859.725 105.200 921.017
202309 954.254 106.200 1,012.659
202312 871.697 106.800 919.853
202403 1,079.054 107.200 1,134.416
202406 934.989 108.200 973.875
202409 951.578 108.900 984.783
202503 0.000 111.100 0.000
202506 1,133.307 111.700 1,143.453
202509 982.427 112.000 988.567
202512 1,008.073 113.000 1,005.397
202603 1,094.277 112.700 1,094.277

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 1.26 mean?
SRA Holdings (TSE:3817) has a Cyclically Adjusted PS Ratio of 1.26 as of Aug. 08, 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 SRA Holdings and its competitors. This is 29% above median its historical median of 0.98. Over the past decade, SRA Holdings' Cyclically Adjusted PS Ratio has ranged from 0.63 to 1.56. According to the industry distribution chart, SRA Holdings ranks #663 out of 1587 companies in the Software industry, placing it in the top 41.8%.
Is SRA Holdings' Cyclically Adjusted PS Ratio too high?
SRA Holdings' current Cyclically Adjusted PS Ratio of 1.26 is 29% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.56. The Software industry median Cyclically Adjusted PS Ratio is 1.66. SRA Holdings' value of 1.26 is 24.1% below this industry median. Based on the distribution chart, SRA Holdings ranks #663 out of 1587 companies in the Software industry, which is above the industry midpoint. Overall, SRA Holdings has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SRA Holdings' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, SRA Holdings ranks #663 out of 1587 companies for Cyclically Adjusted PS Ratio. This puts SRA Holdings in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. SRA Holdings' value of 1.26 is 24.1% below this benchmark. Historically, SRA Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.63 to 1.56 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.66, SRA Holdings 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.66, based on 1,587 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. SRA Holdings's current Cyclically Adjusted PS Ratio of 1.26 is 24.1% 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 SRA Holdings and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SRA Holdings's current Cyclically Adjusted PS Ratio is 1.26, which is 29% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SRA Holdings stock overvalued right now?
Based on GuruFocus' analysis, SRA Holdings (TSE:3817) is currently considered Fairly Valued. The stock's GF Value™ is 円4,751.97, compared to a current price of 円4,835.00 — trading 1.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.26, which is 29% above median its 10-year median of 0.98 and 24.1% below the Software industry median of 1.66. SRA Holdings' overall GF Score™ is 78/100. 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 SRA Holdings (TSE:3817), the current Cyclically Adjusted PS Ratio is 1.26 as of Aug. 08, 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 SRA Holdings (TSE:3817) Overvalued in 2026?

Based on GuruFocus' analysis, SRA Holdings stock appears to be overvalued. The current stock price of 円4,835.00 is trading 1.7% above its estimated GF Value™ of 円4,751.97. GuruFocus considers SRA Holdings to be Fairly Valued.

Key valuation signals for TSE:3817:

  • Cyclically Adjusted PS Ratio: 1.26 (29% above median its 10-year median of 0.98)
  • GF Value™: 円4,751.97 vs. price of 円4,835.00 (1.7% above fair value)
  • GF Score™: 78/100
  • Industry Position: 24.1% below the Software median (#663 of 1587)

No single metric tells the full story. See the TSE:3817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SRA Holdings Business Description

Address 2-32-8 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
SRA Holdings Inc is an information technology services provider. The company operates through three business areas: systems development, operation/administration services and product solutions marketing. The systems development includes financial IT services, embedded IT services, academic IT services, business systems development and infrastructure development. The operation/administration services include outsourcing services, infrastructure operation services and system operation services. The product solutions marketing includes cloud security, open source software, and development support. The company has an operational presence across Europe, India, China, and Singapore.
78GF Score

Get the complete analysis for TSE:3817

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

円4,835.00
Price
円4,751.97
GF Value