Segue Group Co (TSE:3968) Cyclically Adjusted PS Ratio: 1.37 (As of Aug. 05, 2026) — 17% 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:3968 Segue Group Co Ltd TSE:3968
86 GF Score
Price 円578.00
GF Value 円808.75
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Segue Group Co Cyclically Adjusted PS Ratio?

Segue Group Co TSE:3968 -0.86% 86 Cyclically Adjusted PS Ratio is 1.37 as of Aug. 05, 2026, which is 17% below its 10-year median of 1.66. GuruFocus rates TSE:3968 with a GF Score™ of 86/100 and a GF Value™ of 円808.75 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,591 Software companies, Segue Group Co ranks better than 54.12% on this metric.

As of today (2026-08-05), Segue Group Co's current share price is 円578.00. Segue Group Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was 円421.97. Segue Group Co's Cyclically Adjusted PS Ratio for today is 1.37.

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

TSE:3968' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.66   Max: 2.21
Current: 1.41

During the past 12 years, Segue Group Co's highest Cyclically Adjusted PS Ratio was 2.21. The lowest was 0.94. And the median was 1.66.

TSE:3968's Cyclically Adjusted PS Ratio is ranked better than
54.12% of 1591 companies
in the Software industry
Industry Median: 1.66 vs TSE:3968: 1.41

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.

Segue Group Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was 円783.064. 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421.97 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Segue Group Co  (TSE:3968) 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.


Segue Group Co Cyclically Adjusted PS Ratio Related Terms


Segue Group Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Segue Group 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.

Segue Group Co Cyclically Adjusted PS Ratio Chart

Segue Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.99 1.76 1.56

Segue Group Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.99 0.00 1.76 0.00 1.56

TSE:3968 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Segue Group 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.


Segue Group Co Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:3968
86GF Score
Segue Group Co Ltd TSE:3968
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Segue Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=578.00/421.97
=1.37

* 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.

Segue Group Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Segue Group Co's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=783.064/113.0000*113.0000
=783.064

Current CPI (Dec25) = 113.0000.

Segue Group Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 240.632 98.400 276.336
201712 221.592 99.400 251.910
201812 249.442 99.700 282.718
201912 274.292 100.500 308.408
202012 314.332 99.300 357.699
202112 344.763 100.100 389.193
202212 406.080 104.100 440.798
202312 513.383 106.800 543.186
202412 574.408 110.700 586.342
202512 783.064 113.000 783.064

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 1.37 mean?
Segue Group Co (TSE:3968) has a Cyclically Adjusted PS Ratio of 1.37 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 Segue Group Co and its competitors. This is 17% below median its historical median of 1.66. Over the past decade, Segue Group Co's Cyclically Adjusted PS Ratio has ranged from 0.94 to 2.21. According to the industry distribution chart, Segue Group Co ranks #730 out of 1591 companies in the Software industry, placing it in the top 45.9%.
Is Segue Group Co's Cyclically Adjusted PS Ratio too high?
Segue Group Co's current Cyclically Adjusted PS Ratio of 1.37 is 17% below median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.21. The Software industry median Cyclically Adjusted PS Ratio is 1.66. Segue Group Co's value of 1.37 is 17.5% below this industry median. Based on the distribution chart, Segue Group Co ranks #730 out of 1591 companies in the Software industry, which is above the industry midpoint. Overall, Segue Group Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Segue Group Co's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Segue Group Co ranks #730 out of 1591 companies for Cyclically Adjusted PS Ratio. This puts Segue Group Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.66. Segue Group Co's value of 1.37 is 17.5% below this benchmark. Historically, Segue Group Co's own Cyclically Adjusted PS Ratio has ranged from 0.94 to 2.21 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.66, Segue Group 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 1.66, based on 1,591 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. Segue Group Co's current Cyclically Adjusted PS Ratio of 1.37 is 17.5% 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 Segue Group Co 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. Segue Group Co's current Cyclically Adjusted PS Ratio is 1.37, which is 17% below median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Segue Group Co stock overvalued right now?
Based on GuruFocus' analysis, Segue Group Co (TSE:3968) is currently considered Modestly Undervalued. The stock's GF Value™ is 円808.75, compared to a current price of 円578.00 — trading 28.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.37, which is 17% below median its 10-year median of 1.66 and 17.5% below the Software industry median of 1.66. Segue Group Co's overall GF Score™ is 86/100 with 4 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 Segue Group Co (TSE:3968), the current Cyclically Adjusted PS Ratio is 1.37 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 Segue Group Co (TSE:3968) Overvalued in 2026?

Based on GuruFocus' analysis, Segue Group Co stock appears to be undervalued. The current stock price of 円578.00 is trading 28.5% below its estimated GF Value™ of 円808.75. GuruFocus considers Segue Group Co to be Modestly Undervalued.

Key valuation signals for TSE:3968:

  • Cyclically Adjusted PS Ratio: 1.37 (17% below median its 10-year median of 1.66)
  • GF Value™: 円808.75 vs. price of 円578.00 (28.5% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 17.5% below the Software median (#730 of 1591)

No single metric tells the full story. See the TSE:3968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Segue Group Co Business Description

Address 1-16-3 Shinkawa, Sumitomo R&D Kayabacho Building, Chuo-ku, Tokyo, JPN, 104-0033
Segue Group Co Ltd provides information technology services. The company offers networking, security, operations, cloud, and maintenance solutions. It provides various services, including system integration, VoIP system implementation, construction, human resources, help desk support, monitoring, and maintenance support.
86GF Score

Get the complete analysis for TSE:3968

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

円578.00
Price
円808.75
GF Value