Gumi (TSE:3903) Cyclically Adjusted PS Ratio: 0.41 (As of Aug. 05, 2026) — 24% Below Median

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:3903 Gumi Inc TSE:3903
54 GF Score
Price 円258.00
GF Value 円242.63
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Gumi Cyclically Adjusted PS Ratio?

Gumi TSE:3903 +0.39% 54 Cyclically Adjusted PS Ratio is 0.41 as of Aug. 05, 2026, which is 24% below its 10-year median of 0.54. GuruFocus rates TSE:3903 with a GF Score™ of 54/100 and a GF Value™ of 円242.63 (Fairly Valued). The stock has 3 warning signs investors should review. Among 329 Interactive Media companies, Gumi ranks better than 82.07% on this metric.

As of today (2026-08-05), Gumi's current share price is 円258.00. Gumi's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was 円622.31. Gumi's Cyclically Adjusted PS Ratio for today is 0.41.

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

TSE:3903' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.54   Max: 1.07
Current: 0.4

During the past years, Gumi's highest Cyclically Adjusted PS Ratio was 1.07. The lowest was 0.37. And the median was 0.54.

TSE:3903's Cyclically Adjusted PS Ratio is ranked better than
82.07% of 329 companies
in the Interactive Media industry
Industry Median: 1.31 vs TSE:3903: 0.40

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.

Gumi's adjusted revenue per share data for the three months ended in Apr. 2026 was 円45.271. 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622.31 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gumi  (TSE:3903) 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.


Gumi Cyclically Adjusted PS Ratio Related Terms


Gumi Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gumi'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.

Gumi Cyclically Adjusted PS Ratio Chart

Gumi Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.52 0.72 0.52

Gumi Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.72 0.95 0.68 0.55 0.52

TSE:3903 vs NTES, EA, TTWO: Cyclically Adjusted PS Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Gumi'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.


Gumi Cyclically Adjusted PS Ratio vs Interactive Media Industry

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

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


TSE:3903
54GF Score
Gumi Inc TSE:3903
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gumi 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.

Gumi's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=258.00/622.31
=0.41

* 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.

Gumi's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=45.271/113.0000*113.0000
=45.271

Current CPI (Apr. 2026) = 113.0000.

Gumi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 177.064 97.900 204.374
201610 197.494 98.600 226.337
201701 247.630 98.200 284.951
201704 246.499 98.500 282.786
201707 239.363 98.300 275.158
201710 235.281 98.800 269.097
201801 240.519 99.500 273.152
201804 204.399 99.100 233.068
201807 203.728 99.200 232.069
201810 190.393 100.200 214.715
201901 181.076 99.700 205.232
201904 134.733 100.000 152.248
201907 159.892 99.800 181.040
201910 135.142 100.400 152.102
202001 188.451 100.500 211.890
202004 169.257 100.200 190.879
202007 175.218 100.000 197.996
202010 146.715 99.800 166.120
202101 163.381 99.800 184.991
202104 121.401 99.100 138.429
202107 122.825 99.700 139.210
202110 168.958 99.900 191.114
202201 190.283 100.300 214.377
202204 164.990 101.500 183.683
202207 146.741 102.300 162.089
202210 137.840 103.700 150.202
202301 102.063 104.700 110.154
202304 81.252 105.100 87.359
202307 68.177 105.700 72.886
202310 79.755 107.100 84.149
202401 71.226 106.900 75.290
202404 85.881 107.700 90.107
202407 68.910 108.600 71.702
202410 57.856 109.500 59.705
202501 40.595 111.200 41.252
202504 32.215 111.500 32.648
202507 27.207 111.900 27.474
202510 49.916 112.800 50.005
202601 57.763 112.900 57.814
202604 45.271 113.000 45.271

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 0.41 mean?
Gumi (TSE:3903) has a Cyclically Adjusted PS Ratio of 0.41 as of Aug. 05, 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 Gumi and its competitors. This is 24% below median its historical median of 0.54. Over the past decade, Gumi's Cyclically Adjusted PS Ratio has ranged from 0.37 to 1.07. According to the industry distribution chart, Gumi ranks #59 out of 329 companies in the Interactive Media industry, placing it in the top 17.9%.
Is Gumi's Cyclically Adjusted PS Ratio too high?
Gumi's current Cyclically Adjusted PS Ratio of 0.41 is 24% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.07. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.31. Gumi's value of 0.41 is 68.7% below this industry median. Based on the distribution chart, Gumi ranks #59 out of 329 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Gumi has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gumi's Cyclically Adjusted PS Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Gumi ranks #59 out of 329 companies for Cyclically Adjusted PS Ratio. This places Gumi in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.31. Gumi's value of 0.41 is 68.7% below this benchmark. Historically, Gumi's own Cyclically Adjusted PS Ratio has ranged from 0.37 to 1.07 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.31, Gumi 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 1.31, 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. Gumi's current Cyclically Adjusted PS Ratio of 0.41 is 68.7% 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 Gumi and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gumi's current Cyclically Adjusted PS Ratio is 0.41, which is 24% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gumi stock overvalued right now?
Based on GuruFocus' analysis, Gumi (TSE:3903) is currently considered Fairly Valued. The stock's GF Value™ is 円242.63, compared to a current price of 円258.00 — trading 6.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.41, which is 24% below median its 10-year median of 0.54 and 68.7% below the Interactive Media industry median of 1.31. Gumi's overall GF Score™ is 54/100 with 3 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 Gumi (TSE:3903), the current Cyclically Adjusted PS Ratio is 0.41 as of Aug. 05, 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 Gumi (TSE:3903) Overvalued in 2026?

Based on GuruFocus' analysis, Gumi stock appears to be overvalued. The current stock price of 円258.00 is trading 6.3% above its estimated GF Value™ of 円242.63. GuruFocus considers Gumi to be Fairly Valued.

Key valuation signals for TSE:3903:

  • Cyclically Adjusted PS Ratio: 0.41 (24% below median its 10-year median of 0.54)
  • GF Value™: 円242.63 vs. price of 円258.00 (6.3% above fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 68.7% below the Interactive Media median (#59 of 329)

No single metric tells the full story. See the TSE:3903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gumi Business Description

Other Exchanges 1G9:Germany
Address Nishi-Shinjuku 4-34-7, 3rd floor, Sumitomo Fudosan Nishi-Shinjuku Building No. 5, Shinjuku-ku, Tokyo, JPN, 160-0023
Gumi Inc is an entertainment company, which develops, operates, and distributes online games for smartphones and tablets. It provides native application services, game contents can be downloaded from apple store without browser; browser game services, game can be played on the mobile terminal browser, as well as publishing services, in which the company performs localization of game content developed by third parties and then sell them through its various sales channels. In addition, the firm offers VR (Virtual Reality) services.
54GF Score

Get the complete analysis for TSE:3903

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

円258.00
Price
円242.63
GF Value