ENEOS Holdings (TSE:5020) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:5020 ENEOS Holdings Inc TSE:5020
62 GF Score
Price 円1,431.50
GF Value 円919.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is ENEOS Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ENEOS Holdings  (TSE:5020) 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.


ENEOS Holdings Cyclically Adjusted PS Ratio Related Terms


ENEOS Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ENEOS Holdings'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.

ENEOS Holdings Cyclically Adjusted PS Ratio Chart

ENEOS Holdings 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 0.13 0.13 0.20 0.21 0.37

ENEOS Holdings 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 0.19 0.24 0.28 0.36 0.30

TSE:5020 vs MPC, VLO, PSX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, ENEOS Holdings'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.


ENEOS Holdings Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ENEOS Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:5020
62GF Score
ENEOS Holdings Inc TSE:5020
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ENEOS Holdings 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.

ENEOS Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1267.525/113.6000*113.6000
=1,267.525

Current CPI (Jun. 2026) = 113.6000.

ENEOS Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 641.416 98.000 743.519
201612 730.350 98.400 843.168
201703 838.010 98.100 970.417
201706 651.099 98.500 750.912
201709 719.611 98.800 827.407
201712 792.913 99.400 906.186
201803 850.507 99.200 973.968
201806 754.137 99.200 863.609
201809 846.177 99.900 962.219
201812 859.682 99.700 979.537
201903 832.426 99.700 948.481
201906 759.753 99.800 864.809
201909 784.873 100.100 890.725
201912 790.003 100.500 892.979
202003 747.153 100.300 846.227
202006 480.560 99.900 546.463
202009 564.209 99.900 641.583
202012 622.838 99.300 712.532
202103 711.695 99.900 809.295
202106 690.957 99.500 788.872
202109 778.967 100.100 884.022
202112 900.944 100.100 1,022.450
202203 1,022.277 101.100 1,148.671
202206 1,110.509 101.800 1,239.232
202209 1,232.548 103.100 1,358.074
202212 1,300.172 104.100 1,418.824
202303 1,218.887 104.400 1,326.298
202306 1,065.241 105.200 1,150.298
202309 1,125.776 106.200 1,204.220
202312 1,200.133 106.800 1,276.546
202403 1,198.973 107.200 1,270.553
202406 1,010.600 108.200 1,061.037
202409 1,072.406 108.900 1,118.690
202412 1,083.362 110.700 1,111.743
202503 998.682 111.100 1,021.155
202506 1,066.900 111.700 1,085.048
202509 1,047.416 112.000 1,062.379
202512 1,124.310 113.000 1,130.280
202603 1,129.206 112.700 1,138.224
202606 1,267.525 113.600 1,267.525

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 ENEOS Holdings (TSE:5020) Overvalued in 2026?

Based on GuruFocus' analysis, ENEOS Holdings stock appears to be overvalued. The current stock price of 円1,431.50 is trading 55.8% above its estimated GF Value™ of 円919.10. GuruFocus considers ENEOS Holdings to be Significantly Overvalued.

Key valuation signals for TSE:5020:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円919.10 vs. price of 円1,431.50 (55.8% above fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the TSE:5020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ENEOS Holdings Business Description

Industry EnergyOil & Gas
Address 1-1-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8162
ENEOS Holdings Inc is engaged in the energy and materials business through its group companies. The company operates six reportable segments: Petroleum Products and Other, Oil and Natural Gas Exploration and Development, Functional Materials, Electricity, Renewable Energy, and Others. Its operations include petroleum refining and sales, oil and gas exploration, production of synthetic and special rubber, power generation, and renewable energy activities such as wind and solar power. The Others segment covers asphalt paving, civil engineering, construction, and real estate rental businesses. It generates the majority of its revenue from the Petroleum Products segment.
62GF Score

Get the complete analysis for TSE:5020

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

円1,431.50
Price
円919.10
GF Value