Eltes Co (TSE:3967) Cyclically Adjusted PS Ratio: 0.83 (As of Aug. 04, 2026) — 31% Below Median

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TSE:3967 Eltes Co Ltd TSE:3967
65 GF Score
Price 円591.00
GF Value 円983.90
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Eltes Co Cyclically Adjusted PS Ratio?

Eltes Co TSE:3967 -0.34% 65 Cyclically Adjusted PS Ratio is 0.83 as of Aug. 04, 2026, which is 31% below its 10-year median of 1.20. GuruFocus rates TSE:3967 with a GF Score™ of 65/100 and a GF Value™ of 円983.90 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,590 Software companies, Eltes Co ranks better than 68.93% on this metric.

As of today (2026-08-04), Eltes Co's current share price is 円591.00. Eltes Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb26 was 円715.18. Eltes Co's Cyclically Adjusted PS Ratio for today is 0.83.

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

TSE:3967' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.2   Max: 2
Current: 0.82

During the past 12 years, Eltes Co's highest Cyclically Adjusted PS Ratio was 2.00. The lowest was 0.76. And the median was 1.20.

TSE:3967's Cyclically Adjusted PS Ratio is ranked better than
68.93% of 1590 companies
in the Software industry
Industry Median: 1.645 vs TSE:3967: 0.82

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.

Eltes Co's adjusted revenue per share data of for the fiscal year that ended in Feb26 was 円1,460.755. 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715.18 for the trailing ten years ended in Feb26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eltes Co  (TSE:3967) 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.


Eltes Co Cyclically Adjusted PS Ratio Related Terms


Eltes Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eltes Co'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.

Eltes Co Cyclically Adjusted PS Ratio Chart

Eltes Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.98 1.22 0.87

Eltes Co Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.98 0.00 1.22 0.00 0.87

TSE:3967 vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Eltes Co'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.


Eltes Co Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:3967
65GF Score
Eltes Co Ltd TSE:3967
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eltes Co 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.

Eltes Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=591.00/715.18
=0.83

* 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.

Eltes Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb26 is calculated as:

For example, Eltes Co's adjusted Revenue per Share data for the fiscal year that ended in Feb26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb26 (Change)*Current CPI (Feb26)
=1460.755/112.2000*112.2000
=1,460.755

Current CPI (Feb26) = 112.2000.

Eltes Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201702 284.297 98.100 325.159
201802 311.045 99.500 350.746
201902 322.916 99.700 363.402
202002 379.736 100.300 424.789
202102 383.377 99.800 431.011
202202 511.745 100.700 570.187
202302 798.759 104.000 861.738
202402 1,082.156 106.900 1,135.808
202502 1,212.840 110.800 1,228.165
202602 1,460.755 112.200 1,460.755

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 0.83 mean?
Eltes Co (TSE:3967) has a Cyclically Adjusted PS Ratio of 0.83 as of Aug. 04, 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 Eltes Co and its competitors. This is 31% below median its historical median of 1.20. Over the past decade, Eltes Co's Cyclically Adjusted PS Ratio has ranged from 0.76 to 2.00. According to the industry distribution chart, Eltes Co ranks #494 out of 1590 companies in the Software industry, placing it in the top 31.1%.
Is Eltes Co's Cyclically Adjusted PS Ratio too high?
Eltes Co's current Cyclically Adjusted PS Ratio of 0.83 is 31% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.00. The Software industry median Cyclically Adjusted PS Ratio is 1.65. Eltes Co's value of 0.83 is 49.5% below this industry median. Based on the distribution chart, Eltes Co ranks #494 out of 1590 companies in the Software industry, which is above the industry midpoint. Overall, Eltes Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eltes Co's Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Eltes Co ranks #494 out of 1590 companies for Cyclically Adjusted PS Ratio. This puts Eltes Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.65. Eltes Co's value of 0.83 is 49.5% below this benchmark. Historically, Eltes Co's own Cyclically Adjusted PS Ratio has ranged from 0.76 to 2.00 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.65, Eltes Co 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 1.65, based on 1,590 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. Eltes Co's current Cyclically Adjusted PS Ratio of 0.83 is 49.5% 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 Eltes Co and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eltes Co's current Cyclically Adjusted PS Ratio is 0.83, which is 31% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltes Co stock overvalued right now?
Based on GuruFocus' analysis, Eltes Co (TSE:3967) is currently considered Possible Value Trap. The stock's GF Value™ is 円983.90, compared to a current price of 円591.00 — trading 39.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.83, which is 31% below median its 10-year median of 1.20 and 49.5% below the Software industry median of 1.65. Eltes Co's overall GF Score™ is 65/100 with 6 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 Eltes Co (TSE:3967), the current Cyclically Adjusted PS Ratio is 0.83 as of Aug. 04, 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 Eltes Co (TSE:3967) Overvalued in 2026?

Based on GuruFocus' analysis, Eltes Co stock appears to be undervalued. The current stock price of 円591.00 is trading 39.9% below its estimated GF Value™ of 円983.90. GuruFocus considers Eltes Co to be Possible Value Trap.

Key valuation signals for TSE:3967:

  • Cyclically Adjusted PS Ratio: 0.83 (31% below median its 10-year median of 1.20)
  • GF Value™: 円983.90 vs. price of 円591.00 (39.9% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 49.5% below the Software median (#494 of 1590)

No single metric tells the full story. See the TSE:3967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eltes Co Business Description

Address 2-3 Shiwa Chuo Ekimae, Shiwa-gun, Shiwa-cho, Iwate Prefecture, JPN, 100-6006
Eltes Co Ltd provides consultation services based on digital risk technology for database risk and other large storage protection in Japan. It also offers internal fraud detection services that enable the prevention of information security breaches caused by internal factors; and a service that includes detection and diagnosis of security breaches caused by external factors.
65GF Score

Get the complete analysis for TSE:3967

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

円591.00
Price
円983.90
GF Value