JFE Systems (TSE:4832) Cyclically Adjusted PS Ratio: 1.09 (As of Aug. 01, 2026) — 31% Above Median

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TSE:4832 JFE Systems Inc TSE:4832
82 GF Score
Price 円1,913.00
GF Value 円1,630.75
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is JFE Systems Cyclically Adjusted PS Ratio?

JFE Systems TSE:4832 -0.05% 82 Cyclically Adjusted PS Ratio is 1.09 as of Aug. 01, 2026, which is 31% above its 10-year median of 0.83. GuruFocus rates TSE:4832 with a GF Score™ of 82/100 and a GF Value™ of 円1,630.75 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,590 Software companies, JFE Systems ranks better than 59.62% on this metric.

As of today (2026-08-01), JFE Systems's current share price is 円1913.00. JFE Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,759.23. JFE Systems's Cyclically Adjusted PS Ratio for today is 1.09.

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

TSE:4832' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.83   Max: 1.4
Current: 1.09

During the past years, JFE Systems's highest Cyclically Adjusted PS Ratio was 1.40. The lowest was 0.45. And the median was 0.83.

TSE:4832's Cyclically Adjusted PS Ratio is ranked better than
59.62% of 1590 companies
in the Software industry
Industry Median: 1.63 vs TSE:4832: 1.09

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.

JFE Systems's adjusted revenue per share data for the three months ended in Mar. 2026 was 円437.660. 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1,759.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JFE Systems  (TSE:4832) 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.


JFE Systems Cyclically Adjusted PS Ratio Related Terms


JFE Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JFE Systems'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.

JFE Systems Cyclically Adjusted PS Ratio Chart

JFE Systems 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 0.94 0.91 1.25 0.94 1.15

JFE Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.06 1.27 1.36 1.15 0.00

TSE:4832 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, JFE Systems'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.


JFE Systems Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:4832
82GF Score
JFE Systems Inc TSE:4832
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JFE Systems 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.

JFE Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1913.00/1759.23
=1.09

* 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.

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

For example, JFE Systems'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)
=437.66/112.7000*112.7000
=437.660

Current CPI (Mar. 2026) = 112.7000.

JFE Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 275.520 98.100 316.525
201609 304.357 98.000 350.011
201612 312.856 98.400 358.322
201703 351.804 98.100 404.162
201706 297.559 98.500 340.456
201709 312.870 98.800 356.887
201712 313.581 99.400 355.539
201803 358.390 99.200 407.163
201806 309.795 99.200 351.955
201809 342.271 99.900 386.126
201812 328.860 99.700 371.740
201903 374.698 99.700 423.555
201906 332.958 99.800 375.996
201909 376.351 100.100 423.724
201912 383.042 100.500 429.541
202003 434.341 100.300 488.038
202006 363.966 99.900 410.600
202009 360.062 99.900 406.196
202012 333.691 99.300 378.721
202103 421.675 99.900 475.703
202106 379.347 99.500 429.672
202109 391.050 100.100 440.273
202112 412.627 100.100 464.566
202203 421.395 101.100 469.745
202206 430.625 101.800 476.733
202209 433.193 103.100 473.529
202212 446.621 104.100 483.518
202303 487.462 104.400 526.216
202306 482.932 105.200 517.362
202309 497.616 106.200 528.073
202312 498.341 106.800 525.871
202403 496.056 107.200 521.507
202406 467.164 108.200 486.593
202409 484.483 108.900 501.389
202412 549.743 110.700 559.675
202503 535.311 111.100 543.020
202506 471.468 111.700 475.689
202509 459.973 112.000 462.848
202512 458.605 113.000 457.387
202603 437.660 112.700 437.660

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 1.09 mean?
JFE Systems (TSE:4832) has a Cyclically Adjusted PS Ratio of 1.09 as of Aug. 01, 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 JFE Systems and its competitors. This is 31% above median its historical median of 0.83. Over the past decade, JFE Systems' Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.40. According to the industry distribution chart, JFE Systems ranks #642 out of 1590 companies in the Software industry, placing it in the top 40.4%.
Is JFE Systems' Cyclically Adjusted PS Ratio too high?
JFE Systems' current Cyclically Adjusted PS Ratio of 1.09 is 31% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.40. The Software industry median Cyclically Adjusted PS Ratio is 1.63. JFE Systems' value of 1.09 is 33.1% below this industry median. Based on the distribution chart, JFE Systems ranks #642 out of 1590 companies in the Software industry, which is above the industry midpoint. Overall, JFE Systems has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JFE Systems' Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, JFE Systems ranks #642 out of 1590 companies for Cyclically Adjusted PS Ratio. This puts JFE Systems in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. JFE Systems' value of 1.09 is 33.1% below this benchmark. Historically, JFE Systems' own Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.40 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.63, JFE Systems 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 1.63, based on 1,590 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. JFE Systems's current Cyclically Adjusted PS Ratio of 1.09 is 33.1% 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 JFE Systems and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JFE Systems's current Cyclically Adjusted PS Ratio is 1.09, which is 31% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JFE Systems stock overvalued right now?
Based on GuruFocus' analysis, JFE Systems (TSE:4832) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,630.75, compared to a current price of 円1,913.00 — trading 17.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.09, which is 31% above median its 10-year median of 0.83 and 33.1% below the Software industry median of 1.63. JFE Systems' overall GF Score™ is 82/100 with 1 warning sign 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 JFE Systems (TSE:4832), the current Cyclically Adjusted PS Ratio is 1.09 as of Aug. 01, 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 JFE Systems (TSE:4832) Overvalued in 2026?

Based on GuruFocus' analysis, JFE Systems stock appears to be overvalued. The current stock price of 円1,913.00 is trading 17.3% above its estimated GF Value™ of 円1,630.75. GuruFocus considers JFE Systems to be Modestly Overvalued.

Key valuation signals for TSE:4832:

  • Cyclically Adjusted PS Ratio: 1.09 (31% above median its 10-year median of 0.83)
  • GF Value™: 円1,630.75 vs. price of 円1,913.00 (17.3% above fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 33.1% below the Software median (#642 of 1590)

No single metric tells the full story. See the TSE:4832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JFE Systems Business Description

Other Exchanges JFEYF:USA
Address 1-3-2 Shibaura Minato-ku, Sea Bank S Building, Tokyo, JPN, 105-0023
JFE Systems Inc is a Japan-based computer integrated systems design company. It is mainly engaged in the planning, design, development, and maintenance of computer systems. It offers industry solutions. business solutions, and infrastructure solutions. The company builds solutions for financial sectors, the food industry, and the manufacturing sector. It is also engaged in the application development and maintenance services.
82GF Score

Get the complete analysis for TSE:4832

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

円1,913.00
Price
円1,630.75
GF Value