PA Co (TSE:4766) Cyclically Adjusted PS Ratio: (As of Aug. 04, 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:4766 PA Co Ltd TSE:4766
47 GF Score
Price 円193.00
GF Value 円313.25
Valuation Significantly Undervalued
! 1 Warning Sign
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What is PA Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PA Co  (TSE:4766) 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.


PA Co Cyclically Adjusted PS Ratio Related Terms


PA Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PA 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.

PA Co Cyclically Adjusted PS Ratio Chart

PA 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 0.94 0.86 1.62 0.00 0.00

PA Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 0.00 1.21 1.34 0.00 0.00

TSE:4766 vs KFY, RHI, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, PA 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.


PA Co Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, PA Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4766
47GF Score
PA Co Ltd TSE:4766
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PA 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.

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

For example, PA 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.

PA Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 49.490 98.500 56.775
201512 50.191 98.100 57.814
201603 51.487 97.900 59.428
201606 52.503 98.100 60.477
201609 54.219 98.000 62.518
201612 52.505 98.400 60.295
201703 53.711 98.100 61.869
201706 56.618 98.500 64.953
201709 58.471 98.800 66.875
201712 59.358 99.400 67.479
201803 56.980 99.200 64.907
201806 59.331 99.200 67.585
201809 59.783 99.900 67.622
201812 61.229 99.700 69.397
201903 58.882 99.700 66.737
201906 53.186 99.800 60.221
201909 51.843 100.100 58.524
201912 46.659 100.500 52.462
202003 45.593 100.300 51.366
202006 31.347 99.900 35.458
202009 34.300 99.900 38.798
202012 37.618 99.300 42.808
202103 36.280 99.900 41.037
202106 34.971 99.500 39.716
202109 36.942 100.100 41.703
202112 38.940 100.100 43.958
202203 38.711 101.100 43.267
202206 38.498 101.800 42.734
202209 38.858 103.100 42.589
202212 38.898 104.100 42.224
202303 39.427 104.400 42.675
202306 42.486 105.200 45.636
202309 41.676 106.200 44.345
202312 42.539 106.800 45.008
202403 42.188 107.200 44.471
202406 43.471 108.200 45.399
202412 0.000 110.700 0.000
202503 45.336 111.100 46.111
202506 47.394 111.700 47.946
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 PA Co (TSE:4766) Overvalued in 2026?

Based on GuruFocus' analysis, PA Co stock appears to be undervalued. The current stock price of 円193.00 is trading 38.4% below its estimated GF Value™ of 円313.25. GuruFocus considers PA Co to be Significantly Undervalued.

Key valuation signals for TSE:4766:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円313.25 vs. price of 円193.00 (38.4% below fair value)
  • GF Score™: 47/100 with 1 warning sign

No single metric tells the full story. See the TSE:4766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PA Co Business Description

Address 1-7-8 Haramachi, 2nd floor, Meguro-ku, Tokyo, JPN, 112-0005
PA Co Ltd Its offers recruitment magazines that issue job information of part-time jobs, and newspapers and flip-flops for job seekers, as well as temporary staffing services and recruitment of staff; and manages child care and nursery schools as well as healthcare business.
47GF Score

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

円193.00
Price
円313.25
GF Value