TB Group (TSE:6775) Cyclically Adjusted PS Ratio: 0.42 (As of Sep. 16, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:6775 TB Group Inc TSE:6775
55 GF Score
Price 円128.00
GF Value 円139.40
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is TB Group Cyclically Adjusted PS Ratio?

TB Group TSE:6775 +3.23% 55 Cyclically Adjusted PS Ratio is 0.42 as of Sep. 16, 2026, which is at its 10-year median of 0.42. GuruFocus rates TSE:6775 with a GF Score™ of 55/100 and a GF Value™ of 円139.40 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,977 Hardware companies, TB Group ranks better than 79.77% on this metric.

As of today (2026-09-16), TB Group's current share price is 円128.00. TB Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円302.05. TB Group's Cyclically Adjusted PS Ratio for today is 0.42.

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

TSE:6775' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.42   Max: 1.18
Current: 0.39

During the past years, TB Group's highest Cyclically Adjusted PS Ratio was 1.18. The lowest was 0.22. And the median was 0.42.

TSE:6775's Cyclically Adjusted PS Ratio is ranked better than
79.77% of 1977 companies
in the Hardware industry
Industry Median: 1.37 vs TSE:6775: 0.39

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.

TB Group's adjusted revenue per share data for the three months ended in Jun. 2026 was 円31.801. 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302.05 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TB Group  (TSE:6775) 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.


TB Group Cyclically Adjusted PS Ratio Related Terms


TB Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TB Group'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.

TB Group Cyclically Adjusted PS Ratio Chart

TB Group 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 0.37 0.60 0.53 0.39 0.41

TB Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.36 0.43 0.36 0.41 0.40

TSE:6775 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, TB Group'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.


TB Group Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSE:6775
55GF Score
TB Group Inc TSE:6775
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TB Group 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.

TB Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=128.00/302.05
=0.42

* 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.

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

For example, TB Group'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)
=31.801/113.6000*113.6000
=31.801

Current CPI (Jun. 2026) = 113.6000.

TB Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 150.164 97.900 174.245
201606 108.912 98.100 126.120
201609 105.628 98.000 122.442
201612 128.618 98.400 148.486
201703 124.516 98.100 144.190
201706 96.379 98.500 111.154
201709 99.408 98.800 114.299
201712 97.397 99.400 111.311
201803 99.620 99.200 114.081
201806 75.629 99.200 86.607
201809 85.290 99.900 96.986
201812 85.078 99.700 96.939
201903 87.056 99.700 99.193
201906 87.729 99.800 99.860
201909 115.678 100.100 131.279
201912 72.594 100.500 82.057
202003 67.244 100.300 76.161
202006 69.303 99.900 78.807
202009 61.165 99.900 69.553
202012 66.188 99.300 75.720
202103 65.458 99.900 74.435
202106 59.775 99.500 68.246
202109 70.401 100.100 79.896
202112 61.106 100.100 69.347
202203 53.116 101.100 59.683
202206 54.309 101.800 60.604
202209 50.730 103.100 55.896
202212 64.887 104.100 70.808
202303 50.257 104.400 54.686
202306 40.604 105.200 43.846
202309 48.900 106.200 52.307
202312 39.101 106.800 41.591
202403 40.125 107.200 42.521
202409 41.071 108.900 42.844
202503 48.680 111.100 49.775
202506 45.496 111.700 46.270
202509 44.844 112.000 45.485
202512 35.052 113.000 35.238
202603 52.017 112.700 52.432
202606 31.801 113.600 31.801

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 0.42 mean?
TB Group (TSE:6775) has a Cyclically Adjusted PS Ratio of 0.42 as of Sep. 16, 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 TB Group and its competitors. This is near median its historical median of 0.42. Over the past decade, TB Group's Cyclically Adjusted PS Ratio has ranged from 0.22 to 1.18. According to the industry distribution chart, TB Group ranks #400 out of 1977 companies in the Hardware industry, placing it in the top 20.2%.
Is TB Group's Cyclically Adjusted PS Ratio too high?
TB Group's current Cyclically Adjusted PS Ratio of 0.42 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.18. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. TB Group's value of 0.42 is 69.3% below this industry median. Based on the distribution chart, TB Group ranks #400 out of 1977 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, TB Group has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TB Group's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, TB Group ranks #400 out of 1977 companies for Cyclically Adjusted PS Ratio. This places TB Group in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.37. TB Group's value of 0.42 is 69.3% below this benchmark. Historically, TB Group's own Cyclically Adjusted PS Ratio has ranged from 0.22 to 1.18 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.37, TB Group 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.37, based on 1,977 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. TB Group's current Cyclically Adjusted PS Ratio of 0.42 is 69.3% 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 TB Group and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TB Group's current Cyclically Adjusted PS Ratio is 0.42, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TB Group stock overvalued right now?
Based on GuruFocus' analysis, TB Group (TSE:6775) is currently considered Fairly Valued. The stock's GF Value™ is 円139.40, compared to a current price of 円128.00 — trading 8.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.42, which is near median its 10-year median of 0.42 and 69.3% below the Hardware industry median of 1.37. TB Group's overall GF Score™ is 55/100 with 2 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 TB Group (TSE:6775), the current Cyclically Adjusted PS Ratio is 0.42 as of Sep. 16, 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 TB Group (TSE:6775) Overvalued in 2026?

Based on GuruFocus' analysis, TB Group stock appears to be undervalued. The current stock price of 円128.00 is trading 8.2% below its estimated GF Value™ of 円139.40. GuruFocus considers TB Group to be Fairly Valued.

Key valuation signals for TSE:6775:

  • Cyclically Adjusted PS Ratio: 0.42 (near median its 10-year median of 0.42)
  • GF Value™: 円139.40 vs. price of 円128.00 (8.2% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 69.3% below the Hardware median (#400 of 1977)

No single metric tells the full story. See the TSE:6775 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TB Group Business Description

Address 3-26-6 Hongo, Bunkyo-ku, NREG Hongo 3-chome Building, Tokyo, JPN, 113-0033
TB Group Inc manufactures electronic products. It is engaged in LED lighting and ECO business, digital signage business, electronic money, and store automation business. Its products include cash registers, point-of-sale systems, business Digital Signage, ECO LED lighting, and office automation equipment.
55GF Score

Get the complete analysis for TSE:6775

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

円128.00
Price
円139.40
GF Value