Nextware (TSE:4814) Cyclically Adjusted PS Ratio: 0.62 (As of Aug. 21, 2026) — 10% Below Median

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TSE:4814 Nextware Ltd TSE:4814
55 GF Score
Price 円160.00
GF Value 円173.98
Valuation Fairly Valued
! 3 Warning Signs
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What is Nextware Cyclically Adjusted PS Ratio?

Nextware TSE:4814 -1.84% 55 Cyclically Adjusted PS Ratio is 0.62 as of Aug. 21, 2026, which is 10% below its 10-year median of 0.69. GuruFocus rates TSE:4814 with a GF Score™ of 55/100 and a GF Value™ of 円173.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,595 Software companies, Nextware ranks better than 75.86% on this metric.

As of today (2026-08-21), Nextware's current share price is 円160.00. Nextware's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円259.15. Nextware's Cyclically Adjusted PS Ratio for today is 0.62.

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

TSE:4814' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.69   Max: 1.4
Current: 0.63

During the past years, Nextware's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.44. And the median was 0.69.

TSE:4814's Cyclically Adjusted PS Ratio is ranked better than
75.86% of 1595 companies
in the Software industry
Industry Median: 1.66 vs TSE:4814: 0.63

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.

Nextware's adjusted revenue per share data for the three months ended in Mar. 2026 was 円64.742. 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259.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nextware  (TSE:4814) 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.


Nextware Cyclically Adjusted PS Ratio Related Terms


Nextware Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nextware'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.

Nextware Cyclically Adjusted PS Ratio Chart

Nextware Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.81 0.67 0.00 0.70

Nextware Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 0.64 0.84 0.66 0.70

TSE:4814 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Nextware'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.


Nextware Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:4814
55GF Score
Nextware Ltd TSE:4814
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nextware 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=160.00/259.15
=0.62

* 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.

Nextware's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=64.742/112.7000*112.7000
=64.742

Current CPI (Mar. 2026) = 112.7000.

Nextware Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 83.214 97.900 95.794
201606 49.232 98.100 56.559
201609 60.936 98.000 70.076
201612 60.207 98.400 68.957
201703 68.559 98.100 78.762
201706 50.085 98.500 57.305
201709 55.810 98.800 63.662
201712 47.004 99.400 53.293
201803 58.479 99.200 66.437
201806 46.372 99.200 52.683
201809 55.501 99.900 62.612
201812 64.003 99.700 72.348
201903 70.375 99.700 79.551
201906 50.045 99.800 56.514
201909 66.218 100.100 74.553
201912 63.260 100.500 70.939
202003 72.698 100.300 81.686
202006 51.542 99.900 58.146
202009 53.466 99.900 60.316
202012 61.875 99.300 70.225
202103 81.494 99.900 91.936
202106 58.441 99.500 66.194
202109 60.420 100.100 68.025
202112 54.479 100.100 61.336
202203 56.366 101.100 62.833
202206 45.619 101.800 50.504
202209 64.421 103.100 70.419
202212 55.142 104.100 59.697
202303 62.304 104.400 67.257
202306 40.382 105.200 43.261
202309 52.259 106.200 55.458
202312 61.859 106.800 65.276
202403 67.442 107.200 70.902
202406 54.372 108.200 56.633
202409 57.556 108.900 59.564
202503 0.000 111.100 0.000
202506 51.572 111.700 52.034
202509 54.927 112.000 55.270
202512 55.066 113.000 54.920
202603 64.742 112.700 64.742

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 0.62 mean?
Nextware (TSE:4814) has a Cyclically Adjusted PS Ratio of 0.62 as of Aug. 21, 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 Nextware and its competitors. This is 10% below median its historical median of 0.69. Over the past decade, Nextware's Cyclically Adjusted PS Ratio has ranged from 0.44 to 1.40. According to the industry distribution chart, Nextware ranks #385 out of 1595 companies in the Software industry, placing it in the top 24.1%.
Is Nextware's Cyclically Adjusted PS Ratio too high?
Nextware's current Cyclically Adjusted PS Ratio of 0.62 is 10% below median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.40. The Software industry median Cyclically Adjusted PS Ratio is 1.66. Nextware's value of 0.62 is 62.7% below this industry median. Based on the distribution chart, Nextware ranks #385 out of 1595 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Nextware has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nextware's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Nextware ranks #385 out of 1595 companies for Cyclically Adjusted PS Ratio. This places Nextware in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.66. Nextware's value of 0.62 is 62.7% below this benchmark. Historically, Nextware's own Cyclically Adjusted PS Ratio has ranged from 0.44 to 1.40 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.66, Nextware 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 a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.66, based on 1,595 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. Nextware's current Cyclically Adjusted PS Ratio of 0.62 is 62.7% 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 Nextware and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nextware's current Cyclically Adjusted PS Ratio is 0.62, which is 10% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nextware stock overvalued right now?
Based on GuruFocus' analysis, Nextware (TSE:4814) is currently considered Fairly Valued. The stock's GF Value™ is 円173.98, compared to a current price of 円160.00 — trading 8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.62, which is 10% below median its 10-year median of 0.69 and 62.7% below the Software industry median of 1.66. Nextware's overall GF Score™ is 55/100 with 3 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 Nextware (TSE:4814), the current Cyclically Adjusted PS Ratio is 0.62 as of Aug. 21, 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 Nextware (TSE:4814) Overvalued in 2026?

Based on GuruFocus' analysis, Nextware stock appears to be undervalued. The current stock price of 円160.00 is trading 8% below its estimated GF Value™ of 円173.98. GuruFocus considers Nextware to be Fairly Valued.

Key valuation signals for TSE:4814:

  • Cyclically Adjusted PS Ratio: 0.62 (10% below median its 10-year median of 0.69)
  • GF Value™: 円173.98 vs. price of 円160.00 (8% below fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 62.7% below the Software median (#385 of 1595)

No single metric tells the full story. See the TSE:4814 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nextware Business Description

Address 4-3-11 Kitakyushu-cho, Chuo-ku, Osaka Prefecture, Osaka, JPN, 541-0057
Nextware Ltd is engaged in the operation of computer system design and software development, import and export trading and leasing of computer and its peripherals, management and operational support of computer systems and Computer system consulting. It also has contractual damage and damage Insurance agency business.
55GF 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160.00
Price
円173.98
GF Value