Migalo Holdings (TSE:5535) Cyclically Adjusted PS Ratio: (As of Sep. 20, 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:5535 Migalo Holdings Inc TSE:5535
53 GF Score
Price 円291.00
GF Value 円433.80
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Migalo Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Migalo Holdings  (TSE:5535) 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.


Migalo Holdings Cyclically Adjusted PS Ratio Related Terms


Migalo Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Migalo 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.

Migalo Holdings Cyclically Adjusted PS Ratio Chart

Migalo 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 - - 0.71 2.41 0.54

Migalo 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 1.84 1.12 0.69 0.53 0.42

TSE:5535 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Migalo 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.


Migalo Holdings Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Migalo Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:5535
53GF Score
Migalo Holdings Inc TSE:5535
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Migalo 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.

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

For example, Migalo 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)
=229.486/113.6000*113.6000
=229.486

Current CPI (Jun. 2026) = 113.6000.

Migalo Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 62.660 98.000 72.634
201612 32.910 98.400 37.994
201703 60.650 98.100 70.233
201706 58.087 98.500 66.992
201709 59.033 98.800 67.876
201712 65.989 99.400 75.416
201803 168.546 99.200 193.012
201806 40.563 99.200 46.451
201809 59.077 99.900 67.179
201812 141.359 99.700 161.067
201903 140.843 99.700 160.479
201906 82.477 99.800 93.882
201909 149.376 100.100 169.522
201912 51.834 100.500 58.590
202003 107.631 100.300 121.903
202006 99.417 99.900 113.051
202009 89.773 99.900 102.084
202012 72.239 99.300 82.642
202103 211.445 99.900 240.442
202106 148.707 99.500 169.780
202109 106.333 100.100 120.674
202112 126.179 100.100 143.196
202203 217.767 101.100 244.692
202206 137.215 101.800 153.120
202209 172.913 103.100 190.523
202212 132.622 104.100 144.725
202303 194.504 104.400 211.644
202306 261.772 105.200 282.674
202309 154.800 106.200 165.586
202312 139.404 106.800 148.280
202403 174.436 107.200 184.850
202406 231.707 108.200 243.271
202409 276.832 108.900 288.780
202412 175.072 110.700 179.658
202503 186.579 111.100 190.777
202506 240.465 111.700 244.555
202509 259.266 112.000 262.970
202512 108.794 113.000 109.372
202603 257.186 112.700 259.240
202606 229.486 113.600 229.486

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 Migalo Holdings (TSE:5535) Overvalued in 2026?

Based on GuruFocus' analysis, Migalo Holdings stock appears to be undervalued. The current stock price of 円291.00 is trading 32.9% below its estimated GF Value™ of 円433.80. GuruFocus considers Migalo Holdings to be Significantly Undervalued.

Key valuation signals for TSE:5535:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円433.80 vs. price of 円291.00 (32.9% below fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the TSE:5535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Migalo Holdings Business Description

Address Shinjuku Island Tower, 6-5-1 Nishi-Shinjuku,41st floor, Shinjuku-ku, Tokyo, JPN, 163-1341
Migalo Holdings Inc is engaged in real estate development, sales, leasing, renting, etc., and related operations. It is also engaged in the Management and administration of group companies engaged in face recognition platform services, cloud integration services, contracted system development, etc. The group has two reportable segments, DX Promotion Business and DX Real Estate Business..
53GF Score

Get the complete analysis for TSE:5535

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

円291.00
Price
円433.80
GF Value