IRidge (TSE:3917) Cyclically Adjusted PS Ratio: 0.74 (As of Aug. 07, 2026) — 17% Below Median

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TSE:3917 IRidge Inc TSE:3917
57 GF Score
Price 円498.00
GF Value 円578.30
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is IRidge Cyclically Adjusted PS Ratio?

IRidge TSE:3917 -1.39% 57 Cyclically Adjusted PS Ratio is 0.74 as of Aug. 07, 2026, which is 17% below its 10-year median of 0.89. GuruFocus rates TSE:3917 with a GF Score™ of 57/100 and a GF Value™ of 円578.30 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,587 Software companies, IRidge ranks better than 71.9% on this metric.

As of today (2026-08-07), IRidge's current share price is 円498.00. IRidge's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円670.78. IRidge's Cyclically Adjusted PS Ratio for today is 0.74.

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

TSE:3917' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.89   Max: 1.27
Current: 0.73

During the past years, IRidge's highest Cyclically Adjusted PS Ratio was 1.27. The lowest was 0.60. And the median was 0.89.

TSE:3917's Cyclically Adjusted PS Ratio is ranked better than
71.9% of 1587 companies
in the Software industry
Industry Median: 1.66 vs TSE:3917: 0.73

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.

IRidge's adjusted revenue per share data for the three months ended in Mar. 2026 was 円260.528. 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670.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IRidge  (TSE:3917) 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.


IRidge Cyclically Adjusted PS Ratio Related Terms


IRidge Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IRidge'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.

IRidge Cyclically Adjusted PS Ratio Chart

IRidge Annual Data
Trend Jul16 Jul17 Jul18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.12 0.96 0.71

IRidge 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 0.96 0.00 0.00 0.00 0.71

TSE:3917 vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, IRidge'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.


IRidge Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:3917
57GF Score
IRidge Inc TSE:3917
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRidge 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=498.00/670.78
=0.74

* 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.

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

For example, IRidge'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)
=260.528/112.7000*112.7000
=260.528

Current CPI (Mar. 2026) = 112.7000.

IRidge Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201601 44.007 97.700 50.763
201604 63.562 98.100 73.022
201607 60.606 97.900 69.768
201610 63.220 98.600 72.261
201701 45.078 98.200 51.734
201704 77.468 98.500 88.636
201707 64.968 98.300 74.485
201710 55.481 98.800 63.287
201801 73.223 99.500 82.937
201804 79.103 99.100 89.959
201807 53.276 99.200 60.526
201810 153.259 100.200 172.378
201901 148.256 99.700 167.587
201906 119.521 99.800 134.970
201909 247.174 100.100 278.287
201912 209.364 100.500 234.779
202003 224.494 100.300 252.248
202006 146.169 99.900 164.897
202009 164.051 99.900 185.071
202012 153.151 99.300 173.818
202103 179.203 99.900 202.164
202106 163.309 99.500 184.974
202109 182.872 100.100 205.891
202112 215.574 100.100 242.709
202203 205.458 101.100 229.032
202206 146.766 101.800 162.481
202209 165.518 103.100 180.930
202212 211.724 104.100 229.215
202303 241.689 104.400 260.904
202306 157.751 105.200 168.998
202309 182.260 106.200 193.415
202312 198.921 106.800 209.910
202403 259.051 107.200 272.342
202406 179.193 108.200 186.646
202409 231.071 108.900 239.134
202503 0.000 111.100 0.000
202506 202.121 111.700 203.930
202509 205.349 112.000 206.632
202512 236.524 113.000 235.896
202603 260.528 112.700 260.528

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 0.74 mean?
IRidge (TSE:3917) has a Cyclically Adjusted PS Ratio of 0.74 as of Aug. 07, 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 IRidge and its competitors. This is 17% below median its historical median of 0.89. Over the past decade, IRidge's Cyclically Adjusted PS Ratio has ranged from 0.60 to 1.27. According to the industry distribution chart, IRidge ranks #446 out of 1587 companies in the Software industry, placing it in the top 28.1%.
Is IRidge's Cyclically Adjusted PS Ratio too high?
IRidge's current Cyclically Adjusted PS Ratio of 0.74 is 17% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.27. The Software industry median Cyclically Adjusted PS Ratio is 1.66. IRidge's value of 0.74 is 55.4% below this industry median. Based on the distribution chart, IRidge ranks #446 out of 1587 companies in the Software industry, which is above the industry midpoint. Overall, IRidge has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRidge's Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, IRidge ranks #446 out of 1587 companies for Cyclically Adjusted PS Ratio. This puts IRidge in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. IRidge's value of 0.74 is 55.4% below this benchmark. Historically, IRidge's own Cyclically Adjusted PS Ratio has ranged from 0.60 to 1.27 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 1.66, IRidge 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. IRidge's current Cyclically Adjusted PS Ratio of 0.74 is 55.4% 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 IRidge 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. IRidge's current Cyclically Adjusted PS Ratio is 0.74, which is 17% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRidge stock overvalued right now?
Based on GuruFocus' analysis, IRidge (TSE:3917) is currently considered Modestly Undervalued. The stock's GF Value™ is 円578.30, compared to a current price of 円498.00 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.74, which is 17% below median its 10-year median of 0.89 and 55.4% below the Software industry median of 1.66. IRidge's overall GF Score™ is 57/100 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 IRidge (TSE:3917), the current Cyclically Adjusted PS Ratio is 0.74 as of Aug. 07, 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 IRidge (TSE:3917) Overvalued in 2026?

Based on GuruFocus' analysis, IRidge stock appears to be undervalued. The current stock price of 円498.00 is trading 13.9% below its estimated GF Value™ of 円578.30. GuruFocus considers IRidge to be Modestly Undervalued.

Key valuation signals for TSE:3917:

  • Cyclically Adjusted PS Ratio: 0.74 (17% below median its 10-year median of 0.89)
  • GF Value™: 円578.30 vs. price of 円498.00 (13.9% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 55.4% below the Software median (#446 of 1587)

No single metric tells the full story. See the TSE:3917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRidge Business Description

Address 1-11-9 Azabudai, 10th Floor, BPR Place Kamiyacho, Minato-ku, Tokyo, JPN, 106-0041
IRidge Inc is engaged in the planning, development, and support of smartphone applications, digital services, and local currency platforms. The company operates through three segments: the Application Business, which handles app development and operation; the Business Production Business, which offers end-to-end support from business strategy and DX planning to service development and growth hacking; and the Fintech Business, which manages the digital local currency platform Money Easy.
57GF Score

Get the complete analysis for TSE:3917

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

円498.00
Price
円578.30
GF Value