VELTRA (TSE:7048) Cyclically Adjusted PS Ratio: 1.65 (As of Aug. 03, 2026) — Near Median

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TSE:7048 VELTRA Corp TSE:7048
62 GF Score
Price 円158.00
GF Value 円534.55
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is VELTRA Cyclically Adjusted PS Ratio?

VELTRA TSE:7048 +0.64% 62 Cyclically Adjusted PS Ratio is 1.65 as of Aug. 03, 2026, which is 9% below its 10-year median of 1.82. GuruFocus rates TSE:7048 with a GF Score™ of 62/100 and a GF Value™ of 円534.55 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 671 Travel & Leisure companies, VELTRA ranks worse than 58.42% on this metric.

As of today (2026-08-03), VELTRA's current share price is 円158.00. VELTRA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was 円95.61. VELTRA's Cyclically Adjusted PS Ratio for today is 1.65.

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

TSE:7048' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.82   Max: 2.28
Current: 1.64

During the past 10 years, VELTRA's highest Cyclically Adjusted PS Ratio was 2.28. The lowest was 1.24. And the median was 1.82.

TSE:7048's Cyclically Adjusted PS Ratio is ranked worse than
58.42% of 671 companies
in the Travel & Leisure industry
Industry Median: 1.29 vs TSE:7048: 1.64

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.

VELTRA's adjusted revenue per share data of for the fiscal year that ended in Dec25 was 円124.210. 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95.61 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


VELTRA  (TSE:7048) 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.


VELTRA Cyclically Adjusted PS Ratio Related Terms


VELTRA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for VELTRA'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.

VELTRA Cyclically Adjusted PS Ratio Chart

VELTRA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.83

VELTRA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 0.00 0.00 1.83 0.00

TSE:7048 vs BKNG, ABNB, RCL: Cyclically Adjusted PS Ratio Comparison

For the Travel Services subindustry, VELTRA'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.


VELTRA Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, VELTRA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:7048
62GF Score
VELTRA Corp TSE:7048
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VELTRA 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.

VELTRA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=158.00/95.61
=1.65

* 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.

VELTRA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, VELTRA's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=124.21/113.0000*113.0000
=124.210

Current CPI (Dec25) = 113.0000.

VELTRA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 82.269 98.400 94.476
201712 117.645 99.400 133.741
201812 121.469 99.700 137.673
201912 146.085 100.500 164.255
202012 30.836 99.300 35.090
202112 14.949 100.100 16.875
202212 33.570 104.100 36.440
202312 87.816 106.800 92.914
202412 118.004 110.700 120.456
202512 124.210 113.000 124.210

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 1.65 mean?
VELTRA (TSE:7048) has a Cyclically Adjusted PS Ratio of 1.65 as of Aug. 03, 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 VELTRA and its competitors. This is near median its historical median of 1.82. Over the past decade, VELTRA's Cyclically Adjusted PS Ratio has ranged from 1.24 to 2.28. According to the industry distribution chart, VELTRA ranks #392 out of 671 companies in the Travel & Leisure industry, placing it in the top 58.4%.
Is VELTRA's Cyclically Adjusted PS Ratio too high?
VELTRA's current Cyclically Adjusted PS Ratio of 1.65 is near median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.28. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.29. VELTRA's value of 1.65 is 27.9% above this industry median. Based on the distribution chart, VELTRA ranks #392 out of 671 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, VELTRA has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VELTRA's Cyclically Adjusted PS Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, VELTRA ranks #392 out of 671 companies for Cyclically Adjusted PS Ratio. This places VELTRA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. VELTRA's value of 1.65 is 27.9% above this benchmark. Historically, VELTRA's own Cyclically Adjusted PS Ratio has ranged from 1.24 to 2.28 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.29, VELTRA 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.29, based on 671 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. VELTRA's current Cyclically Adjusted PS Ratio of 1.65 is 27.9% 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 VELTRA and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VELTRA's current Cyclically Adjusted PS Ratio is 1.65, which is near median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VELTRA stock overvalued right now?
Based on GuruFocus' analysis, VELTRA (TSE:7048) is currently considered Possible Value Trap. The stock's GF Value™ is 円534.55, compared to a current price of 円158.00 — trading 70.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.65, which is near median its 10-year median of 1.82 and 27.9% above the Travel & Leisure industry median of 1.29. VELTRA's overall GF Score™ is 62/100 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 VELTRA (TSE:7048), the current Cyclically Adjusted PS Ratio is 1.65 as of Aug. 03, 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 VELTRA (TSE:7048) Overvalued in 2026?

Based on GuruFocus' analysis, VELTRA stock appears to be undervalued. The current stock price of 円158.00 is trading 70.4% below its estimated GF Value™ of 円534.55. GuruFocus considers VELTRA to be Possible Value Trap.

Key valuation signals for TSE:7048:

  • Cyclically Adjusted PS Ratio: 1.65 (near median its 10-year median of 1.82)
  • GF Value™: 円534.55 vs. price of 円158.00 (70.4% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 27.9% above the Travel & Leisure median (#392 of 671)

No single metric tells the full story. See the TSE:7048 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VELTRA Business Description

Address 2-13-12 Nihonbashi, 5th Floor, Nippon Life Nihonbashi Building, Chuo-ku, Tokyo, JPN, 103-0027
VELTRA Corp is an online tour and activity booking service company. The company connects travelers to distinctive local experiences across the world and has branches in Honolulu, London, Paris, and Malaysia.
62GF Score

Get the complete analysis for TSE:7048

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

円158.00
Price
円534.55
GF Value