TOSE Co (TSE:4728) Cyclically Adjusted PS Ratio: 0.84 (As of Jul. 31, 2026) — 21% Below Median

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TSE:4728 TOSE Co Ltd TSE:4728
62 GF Score
Price 円653.00
GF Value 円866.31
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is TOSE Co Cyclically Adjusted PS Ratio?

TOSE Co TSE:4728 +0.93% 62 Cyclically Adjusted PS Ratio is 0.84 as of Jul. 31, 2026, which is 21% below its 10-year median of 1.06. GuruFocus rates TSE:4728 with a GF Score™ of 62/100 and a GF Value™ of 円866.31 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 329 Interactive Media companies, TOSE Co ranks better than 62.01% on this metric.

As of today (2026-07-31), TOSE Co's current share price is 円653.00. TOSE Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug25 was 円776.11. TOSE Co's Cyclically Adjusted PS Ratio for today is 0.84.

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

TSE:4728' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.06   Max: 4.29
Current: 0.82

During the past 13 years, TOSE Co's highest Cyclically Adjusted PS Ratio was 4.29. The lowest was 0.81. And the median was 1.06.

TSE:4728's Cyclically Adjusted PS Ratio is ranked better than
62.01% of 329 companies
in the Interactive Media industry
Industry Median: 1.3 vs TSE:4728: 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.

TOSE Co's adjusted revenue per share data of for the fiscal year that ended in Aug25 was 円875.500. 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776.11 for the trailing ten years ended in Aug25.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOSE Co  (TSE:4728) 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.


TOSE Co Cyclically Adjusted PS Ratio Related Terms


TOSE Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TOSE 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.

TOSE Co Cyclically Adjusted PS Ratio Chart

TOSE Co 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 1.10 1.07 0.99 0.86 0.88

TOSE 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 0.95 0.86 0.00 0.88 0.00

TSE:4728 vs NTES, EA, TTWO: Cyclically Adjusted PS Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, TOSE 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.


TOSE Co Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TOSE Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4728
62GF Score
TOSE Co Ltd TSE:4728
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOSE 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=653.00/776.11
=0.84

* 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.

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

For example, TOSE Co'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)
=875.5/112.1000*112.1000
=875.500

Current CPI (Aug25) = 112.1000.

TOSE Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201608 650.954 97.900 745.372
201708 626.992 98.500 713.561
201808 596.022 99.800 669.480
201908 706.185 100.000 791.633
202008 743.473 100.100 832.601
202108 786.397 99.700 884.204
202208 747.134 102.700 815.518
202308 762.931 105.900 807.597
202408 608.915 109.100 625.659
202508 875.500 112.100 875.500

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 0.84 mean?
TOSE Co (TSE:4728) has a Cyclically Adjusted PS Ratio of 0.84 as of Jul. 31, 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 TOSE Co and its competitors. This is 21% below median its historical median of 1.06. Over the past decade, TOSE Co's Cyclically Adjusted PS Ratio has ranged from 0.81 to 4.29. According to the industry distribution chart, TOSE Co ranks #125 out of 329 companies in the Interactive Media industry, placing it in the top 38%.
Is TOSE Co's Cyclically Adjusted PS Ratio too high?
TOSE Co's current Cyclically Adjusted PS Ratio of 0.84 is 21% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 4.29. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.30. TOSE Co's value of 0.84 is 35.4% below this industry median. Based on the distribution chart, TOSE Co ranks #125 out of 329 companies in the Interactive Media industry, which is above the industry midpoint. Overall, TOSE Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TOSE Co's Cyclically Adjusted PS Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, TOSE Co ranks #125 out of 329 companies for Cyclically Adjusted PS Ratio. This puts TOSE Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. TOSE Co's value of 0.84 is 35.4% below this benchmark. Historically, TOSE Co's own Cyclically Adjusted PS Ratio has ranged from 0.81 to 4.29 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.30, TOSE 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 an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.30, based on 329 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. TOSE Co's current Cyclically Adjusted PS Ratio of 0.84 is 35.4% 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 TOSE Co and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOSE Co's current Cyclically Adjusted PS Ratio is 0.84, which is 21% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOSE Co stock overvalued right now?
Based on GuruFocus' analysis, TOSE Co (TSE:4728) is currently considered Modestly Undervalued. The stock's GF Value™ is 円866.31, compared to a current price of 円653.00 — trading 24.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.84, which is 21% below median its 10-year median of 1.06 and 35.4% below the Interactive Media industry median of 1.30. TOSE Co's overall GF Score™ is 62/100 with 2 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 TOSE Co (TSE:4728), the current Cyclically Adjusted PS Ratio is 0.84 as of Jul. 31, 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 TOSE Co (TSE:4728) Overvalued in 2026?

Based on GuruFocus' analysis, TOSE Co stock appears to be undervalued. The current stock price of 円653.00 is trading 24.6% below its estimated GF Value™ of 円866.31. GuruFocus considers TOSE Co to be Modestly Undervalued.

Key valuation signals for TSE:4728:

  • Cyclically Adjusted PS Ratio: 0.84 (21% below median its 10-year median of 1.06)
  • GF Value™: 円866.31 vs. price of 円653.00 (24.6% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 35.4% below the Interactive Media median (#125 of 329)

No single metric tells the full story. See the TSE:4728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOSE Co Business Description

Address Higasinotoindori Shijo Sagaru, Shimogyo-ku, Kyoto, JPN, 600-8091
TOSE Co Ltd is engaged in the planning, development and operation of game software and mobile contents. It is well known for the development of Nintendo's Mr. Game and Watch Gallery series, as well as working on several other Nintendo products.
62GF Score

Get the complete analysis for TSE:4728

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

円653.00
Price
円866.31
GF Value