TeamSpirit (TSE:4397) Cyclically Adjusted PS Ratio: 2.17 (As of Jul. 24, 2026) — 18% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:4397 TeamSpirit Inc TSE:4397
57 GF Score
Price 円377.00
GF Value 円579.87
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is TeamSpirit Cyclically Adjusted PS Ratio?

TeamSpirit TSE:4397 +0.27% 57 Cyclically Adjusted PS Ratio is 2.17 as of Jul. 24, 2026, which is 18% below its 10-year median of 2.65. GuruFocus rates TSE:4397 with a GF Score™ of 57/100 and a GF Value™ of 円579.87 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,593 Software companies, TeamSpirit ranks worse than 58.88% on this metric.

As of today (2026-07-24), TeamSpirit's current share price is 円377.00. TeamSpirit's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 was 円173.81. TeamSpirit's Cyclically Adjusted PS Ratio for today is 2.17.

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

TSE:4397' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.01   Med: 2.65   Max: 3.66
Current: 2.28

During the past 10 years, TeamSpirit's highest Cyclically Adjusted PS Ratio was 3.66. The lowest was 2.01. And the median was 2.65.

TSE:4397's Cyclically Adjusted PS Ratio is ranked worse than
58.88% of 1593 companies
in the Software industry
Industry Median: 1.62 vs TSE:4397: 2.28

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.

TeamSpirit's adjusted revenue per share data of for the fiscal year that ended in Aug25 was 円298.797. 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173.81 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


TeamSpirit  (TSE:4397) 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.


TeamSpirit Cyclically Adjusted PS Ratio Related Terms


TeamSpirit Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TeamSpirit'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.

TeamSpirit Cyclically Adjusted PS Ratio Chart

TeamSpirit Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 3.33

TeamSpirit Semi-Annual Data
Aug16 Aug17 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 0.00 0.00 0.00 3.33 0.00

TSE:4397 vs UBER, SHOP, CRM: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, TeamSpirit'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.


TeamSpirit Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:4397
57GF Score
TeamSpirit Inc TSE:4397
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TeamSpirit 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=377.00/173.81
=2.17

* 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.

TeamSpirit's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 is calculated as:

For example, TeamSpirit's adjusted Revenue per Share data for the fiscal year that ended in Aug25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug25 (Change)*Current CPI (Aug25)
=298.797/112.1000*112.1000
=298.797

Current CPI (Aug25) = 112.1000.

TeamSpirit Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201608 36.954 97.900 42.314
201708 61.699 98.500 70.218
201808 80.308 99.800 90.206
201908 112.023 100.000 125.578
202008 150.447 100.100 168.483
202108 178.283 99.700 200.457
202208 200.437 102.700 218.783
202308 232.972 105.900 246.612
202408 269.204 109.100 276.606
202508 298.797 112.100 298.797

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 2.17 mean?
TeamSpirit (TSE:4397) has a Cyclically Adjusted PS Ratio of 2.17 as of Jul. 24, 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 TeamSpirit and its competitors. This is 18% below median its historical median of 2.65. Over the past decade, TeamSpirit's Cyclically Adjusted PS Ratio has ranged from 2.01 to 3.66. According to the industry distribution chart, TeamSpirit ranks #938 out of 1593 companies in the Software industry, placing it in the top 58.9%.
Is TeamSpirit's Cyclically Adjusted PS Ratio too high?
TeamSpirit's current Cyclically Adjusted PS Ratio of 2.17 is 18% below median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 3.66. The Software industry median Cyclically Adjusted PS Ratio is 1.62. TeamSpirit's value of 2.17 is 34% above this industry median. Based on the distribution chart, TeamSpirit ranks #938 out of 1593 companies in the Software industry, which is below the industry midpoint. Overall, TeamSpirit has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TeamSpirit's Cyclically Adjusted PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, TeamSpirit ranks #938 out of 1593 companies for Cyclically Adjusted PS Ratio. This places TeamSpirit in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.62. TeamSpirit's value of 2.17 is 34% above this benchmark. Historically, TeamSpirit's own Cyclically Adjusted PS Ratio has ranged from 2.01 to 3.66 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 1.62, TeamSpirit has consistently been above 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 1.62, based on 1,593 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. TeamSpirit's current Cyclically Adjusted PS Ratio of 2.17 is 34% above 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 TeamSpirit and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TeamSpirit's current Cyclically Adjusted PS Ratio is 2.17, which is 18% below median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TeamSpirit stock overvalued right now?
Based on GuruFocus' analysis, TeamSpirit (TSE:4397) is currently considered Possible Value Trap. The stock's GF Value™ is 円579.87, compared to a current price of 円377.00 — trading 35% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.17, which is 18% below median its 10-year median of 2.65 and 34% above the Software industry median of 1.62. TeamSpirit's overall GF Score™ is 57/100 with 5 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 TeamSpirit (TSE:4397), the current Cyclically Adjusted PS Ratio is 2.17 as of Jul. 24, 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 TeamSpirit (TSE:4397) Overvalued in 2026?

Based on GuruFocus' analysis, TeamSpirit stock appears to be undervalued. The current stock price of 円377.00 is trading 35% below its estimated GF Value™ of 円579.87. GuruFocus considers TeamSpirit to be Possible Value Trap.

Key valuation signals for TSE:4397:

  • Cyclically Adjusted PS Ratio: 2.17 (18% below median its 10-year median of 2.65)
  • GF Value™: 円579.87 vs. price of 円377.00 (35% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 34% above the Software median (#938 of 1593)

No single metric tells the full story. See the TSE:4397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TeamSpirit Business Description

Address 2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 104-0031
TeamSpirit Inc provides Software-as-a-Service (SaaS) solutions, including the TeamSpirit platform, for business customers. It offers Team Success Platform, a SaaS solution that aims to improve the productivity of human capital from the perspective of maximizing team capabilities. The company also provides professional services related to the implementation and operation of its SaaS solutions.
57GF Score

Get the complete analysis for TSE:4397

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

円377.00
Price
円579.87
GF Value