Intelligent Wave (TSE:4847) Cyclically Adjusted PS Ratio: 2.03 (As of Jul. 30, 2026) — 11% Below Median

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TSE:4847 Intelligent Wave Inc TSE:4847
88 GF Score
Price 円1,007.00
GF Value 円1,195.46
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Intelligent Wave Cyclically Adjusted PS Ratio?

Intelligent Wave TSE:4847 -0.59% 88 Cyclically Adjusted PS Ratio is 2.03 as of Jul. 30, 2026, which is 11% below its 10-year median of 2.28. GuruFocus rates TSE:4847 with a GF Score™ of 88/100 and a GF Value™ of 円1,195.46 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,590 Software companies, Intelligent Wave ranks worse than 55.47% on this metric.

As of today (2026-07-30), Intelligent Wave's current share price is 円1007.00. Intelligent Wave's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円496.88. Intelligent Wave's Cyclically Adjusted PS Ratio for today is 2.03.

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

TSE:4847' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.28   Max: 3.85
Current: 2.02

During the past years, Intelligent Wave's highest Cyclically Adjusted PS Ratio was 3.85. The lowest was 1.44. And the median was 2.28.

TSE:4847's Cyclically Adjusted PS Ratio is ranked worse than
55.47% of 1590 companies
in the Software industry
Industry Median: 1.63 vs TSE:4847: 2.02

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.

Intelligent Wave's adjusted revenue per share data for the three months ended in Dec. 2025 was 円175.907. 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496.88 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intelligent Wave  (TSE:4847) 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.


Intelligent Wave Cyclically Adjusted PS Ratio Related Terms


Intelligent Wave Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Intelligent Wave'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.

Intelligent Wave Cyclically Adjusted PS Ratio Chart

Intelligent Wave Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 2.26 1.98 2.54 2.36

Intelligent Wave Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 2.29 2.36 2.20 1.93 0.00

TSE:4847 vs MSFT, ORCL, PLTR: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Intelligent Wave'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.


Intelligent Wave Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:4847
88GF Score
Intelligent Wave Inc TSE:4847
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intelligent Wave 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.

Intelligent Wave's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1007.00/496.88
=2.03

* 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.

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

For example, Intelligent Wave'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)
=175.907/113.0000*113.0000
=175.907

Current CPI (Dec. 2025) = 113.0000.

Intelligent Wave Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 71.770 97.900 82.840
201606 88.006 98.100 101.373
201609 62.790 98.000 72.401
201612 81.227 98.400 93.279
201703 85.930 98.100 98.982
201706 91.643 98.500 105.134
201709 88.198 98.800 100.874
201712 90.507 99.400 102.890
201803 119.176 99.200 135.755
201806 105.448 99.200 120.117
201809 88.826 99.900 100.474
201812 102.672 99.700 116.368
201903 100.696 99.700 114.129
201906 104.676 99.800 118.521
201909 91.895 100.100 103.738
201912 97.367 100.500 109.477
202003 107.921 100.300 121.586
202006 118.455 99.900 133.988
202009 87.418 99.900 98.881
202012 112.139 99.300 127.610
202103 107.197 99.900 121.254
202106 118.693 99.500 134.797
202109 85.662 100.100 96.701
202112 100.240 100.100 113.158
202203 112.110 101.100 125.306
202206 139.204 101.800 154.519
202209 138.755 103.100 152.079
202212 119.598 104.100 129.823
202303 118.207 104.400 127.944
202306 132.353 105.200 142.166
202309 120.216 106.200 127.913
202312 144.352 106.800 152.732
202403 145.361 107.200 153.226
202406 143.851 108.200 150.233
202409 135.250 108.900 140.342
202412 152.690 110.700 155.862
202503 152.432 111.100 155.039
202506 155.265 111.700 157.072
202509 143.010 112.000 144.287
202512 175.907 113.000 175.907

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 2.03 mean?
Intelligent Wave (TSE:4847) has a Cyclically Adjusted PS Ratio of 2.03 as of Jul. 30, 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 Intelligent Wave and its competitors. This is 11% below median its historical median of 2.28. Over the past decade, Intelligent Wave's Cyclically Adjusted PS Ratio has ranged from 1.44 to 3.85. According to the industry distribution chart, Intelligent Wave ranks #882 out of 1590 companies in the Software industry, placing it in the top 55.5%.
Is Intelligent Wave's Cyclically Adjusted PS Ratio too high?
Intelligent Wave's current Cyclically Adjusted PS Ratio of 2.03 is 11% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 3.85. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Intelligent Wave's value of 2.03 is 24.5% above this industry median. Based on the distribution chart, Intelligent Wave ranks #882 out of 1590 companies in the Software industry, which is below the industry midpoint. Overall, Intelligent Wave has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intelligent Wave's Cyclically Adjusted PS Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Intelligent Wave ranks #882 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Intelligent Wave in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. Intelligent Wave's value of 2.03 is 24.5% above this benchmark. Historically, Intelligent Wave's own Cyclically Adjusted PS Ratio has ranged from 1.44 to 3.85 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.63, Intelligent Wave 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 1.63, 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. Intelligent Wave's current Cyclically Adjusted PS Ratio of 2.03 is 24.5% 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 Intelligent Wave 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. Intelligent Wave's current Cyclically Adjusted PS Ratio is 2.03, which is 11% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intelligent Wave stock overvalued right now?
Based on GuruFocus' analysis, Intelligent Wave (TSE:4847) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,195.46, compared to a current price of 円1,007.00 — trading 15.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.03, which is 11% below median its 10-year median of 2.28 and 24.5% above the Software industry median of 1.63. Intelligent Wave's overall GF Score™ is 88/100 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 Intelligent Wave (TSE:4847), the current Cyclically Adjusted PS Ratio is 2.03 as of Jul. 30, 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 Intelligent Wave (TSE:4847) Overvalued in 2026?

Based on GuruFocus' analysis, Intelligent Wave stock appears to be undervalued. The current stock price of 円1,007.00 is trading 15.8% below its estimated GF Value™ of 円1,195.46. GuruFocus considers Intelligent Wave to be Modestly Undervalued.

Key valuation signals for TSE:4847:

  • Cyclically Adjusted PS Ratio: 2.03 (11% below median its 10-year median of 2.28)
  • GF Value™: 円1,195.46 vs. price of 円1,007.00 (15.8% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 24.5% above the Software median (#882 of 1590)

No single metric tells the full story. See the TSE:4847 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intelligent Wave Business Description

Other Exchanges IWVTF:USA
Address -21-2, Shinkawa, Chuo-ku, Kayabacho Tower, Tokyo, JPN, 104-0033
Intelligent Wave Inc is engaged in sales of system development services and system products, including hardware and software. It operates in two business segments including the Financial Systems Solutions business, and the Product Solutions business. In the Financial Systems Solutions business, it offers value-added system development, through software and hardware integration, and maintenance services for customers operating primarily in the financial services industry. In the Product Solutions business, it deploys and maintains high value-added systems for data security and other solutions based on the in-house developed product as well as system software procured from third parties for customers operating in a range of industries and fields.
88GF Score

Get the complete analysis for TSE:4847

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

円1,007.00
Price
円1,195.46
GF Value