CL Holdings (TSE:4286) Cyclically Adjusted PS Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:4286 CL Holdings Inc TSE:4286
79 GF Score
Price 円1,135.00
GF Value 円947.69
Valuation Modestly Overvalued
! 5 Warning Signs
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What is CL Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CL Holdings  (TSE:4286) 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.


CL Holdings Cyclically Adjusted PS Ratio Related Terms


CL Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CL 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.

CL Holdings Cyclically Adjusted PS Ratio Chart

CL Holdings 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 0.98 0.46 0.43 0.00 0.43

CL Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.35 0.40 0.43 0.39 0.00

TSE:4286 vs APP, OMC, TTD: Cyclically Adjusted PS Ratio Comparison

For the Advertising Agencies subindustry, CL 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.


CL Holdings Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CL Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4286
79GF Score
CL Holdings Inc TSE:4286
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CL 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

CL Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 284.570 98.100 329.533
201609 353.436 98.000 409.697
201612 298.286 98.400 344.363
201703 248.168 98.100 287.379
201706 284.501 98.500 328.115
201709 367.433 98.800 422.474
201712 354.546 99.400 405.195
201803 296.689 99.200 339.757
201806 289.870 99.200 331.948
201809 367.679 99.900 418.101
201812 385.004 99.700 438.681
201903 343.874 99.700 391.816
201906 419.630 99.800 477.655
201909 374.808 100.100 425.357
201912 417.661 100.500 472.102
202003 365.418 100.300 413.873
202006 322.136 99.900 366.313
202009 426.345 99.900 484.813
202012 516.035 99.300 590.348
202103 763.897 99.900 868.656
202106 757.020 99.500 864.296
202109 689.868 100.100 782.907
202112 832.934 100.100 945.268
202203 651.270 101.100 731.793
202206 742.954 101.800 829.072
202209 808.971 103.100 891.359
202212 903.966 104.100 986.460
202303 671.055 104.400 730.190
202306 860.476 105.200 929.183
202309 908.527 106.200 971.833
202312 1,139.431 106.800 1,211.979
202403 899.041 107.200 952.715
202406 897.960 108.200 942.775
202412 0.000 110.700 0.000
202503 706.544 111.100 722.443
202506 863.344 111.700 878.029
202509 801.892 112.000 813.348
202512 1,219.477 113.000 1,225.952
202603 773.909 112.700 780.089
202606 0.000 113.600 0.000

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.

Is CL Holdings (TSE:4286) Overvalued in 2026?

Based on GuruFocus' analysis, CL Holdings stock appears to be overvalued. The current stock price of 円1,135.00 is trading 19.8% above its estimated GF Value™ of 円947.69. GuruFocus considers CL Holdings to be Modestly Overvalued.

Key valuation signals for TSE:4286:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円947.69 vs. price of 円1,135.00 (19.8% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the TSE:4286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CL Holdings Business Description

Address 2-20 Akasaka 5-chome, Akasaka Park Building, 16th Floor, Minato-ku, Tokyo, JPN, 150-0001
CL Holdings Inc formerly Legs Co Ltd is engaged in marketing and sales promotion services. The company provides planning, designing, developing premium goods, free giveaways, sampling, promotional events and web promotion.
79GF Score

Get the complete analysis for TSE:4286

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

円1,135.00
Price
円947.69
GF Value