IPS Holdings Co (TSE:4335) Cyclically Adjusted PS Ratio: (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:4335 IPS Holdings Co Ltd TSE:4335
74 GF Score
Price 円1,098.00
GF Value 円1,032.48
Valuation Fairly Valued
! 1 Warning Sign
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What is IPS Holdings Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IPS Holdings Co  (TSE:4335) 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.


IPS Holdings Co Cyclically Adjusted PS Ratio Related Terms


IPS Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IPS Holdings 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.

IPS Holdings Co Cyclically Adjusted PS Ratio Chart

IPS Holdings Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.75 1.28 1.06 1.03

IPS Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 1.08 1.03 0.97 0.00 0.00

TSE:4335 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, IPS Holdings 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.


IPS Holdings Co Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:4335
74GF Score
IPS Holdings Co Ltd TSE:4335
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IPS Holdings 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.

IPS Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, IPS Holdings Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

IPS Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 369.026 98.100 425.076
201603 127.007 97.900 146.596
201606 173.298 98.100 199.620
201609 147.350 98.000 169.904
201612 146.069 98.400 167.742
201703 252.076 98.100 290.363
201706 139.049 98.500 159.518
201709 153.618 98.800 175.697
201712 257.828 99.400 293.104
201803 182.258 99.200 207.612
201806 259.951 99.200 296.114
201809 195.036 99.900 220.611
201812 276.802 99.700 313.727
201903 297.264 99.700 336.919
201906 310.592 99.800 351.672
201909 252.339 100.100 284.858
201912 265.793 100.500 298.852
202003 221.036 100.300 249.024
202006 379.554 99.900 429.325
202009 249.891 99.900 282.659
202012 265.012 99.300 301.575
202103 290.805 99.900 328.939
202106 227.116 99.500 257.931
202109 282.283 100.100 318.661
202112 288.167 100.100 325.303
202203 233.991 101.100 261.533
202206 353.956 101.800 392.898
202209 191.658 103.100 210.062
202212 274.298 104.100 297.749
202303 391.937 104.400 424.223
202306 370.331 105.200 397.789
202309 256.270 106.200 272.679
202312 360.407 106.800 381.330
202403 310.629 107.200 327.435
202406 446.338 108.200 466.139
202412 0.000 110.700 0.000
202503 385.950 111.100 392.550
202506 460.177 111.700 465.533
202509 323.719 112.000 326.609
202512 0.000 113.000 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 IPS Holdings Co (TSE:4335) Overvalued in 2026?

Based on GuruFocus' analysis, IPS Holdings Co stock appears to be overvalued. The current stock price of 円1,098.00 is trading 6.3% above its estimated GF Value™ of 円1,032.48. GuruFocus considers IPS Holdings Co to be Fairly Valued.

Key valuation signals for TSE:4335:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,032.48 vs. price of 円1,098.00 (6.3% above fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the TSE:4335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IPS Holdings Co Business Description

Address 2-2-3 Uchisaiwai-cho, 7th floor, Hibiya International Building, Chiyoda-ku, Tokyo, JPN, 100-0011
IPS Holdings Co Ltd is engaged in SAP implementation services, development of its products, and maintenance. The products of the company include easyone, easyone lite, data science, and EDI. The services offered by the company include data maintenance and operational reforms.
74GF Score

Get the complete analysis for TSE:4335

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

円1,098.00
Price
円1,032.48
GF Value