H2O Retailing (TSE:8242) Cyclically Adjusted PS Ratio: 0.41 (As of Aug. 13, 2026) — 71% Above Median

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TSE:8242 H2O Retailing Corp TSE:8242
67 GF Score
Price 円2,823.00
GF Value 円2,096.66
Valuation Significantly Overvalued
! 6 Warning Signs
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What is H2O Retailing Cyclically Adjusted PS Ratio?

H2O Retailing TSE:8242 +0.11% 67 Cyclically Adjusted PS Ratio is 0.41 as of Aug. 13, 2026, which is 71% above its 10-year median of 0.24. GuruFocus rates TSE:8242 with a GF Score™ of 67/100 and a GF Value™ of 円2,096.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 241 Retail - Defensive companies, H2O Retailing ranks better than 53.53% on this metric.

As of today (2026-08-13), H2O Retailing's current share price is 円2823.00. H2O Retailing's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円6,806.88. H2O Retailing's Cyclically Adjusted PS Ratio for today is 0.41.

The historical rank and industry rank for H2O Retailing's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:8242' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.24   Max: 0.42
Current: 0.41

During the past years, H2O Retailing's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.09. And the median was 0.24.

TSE:8242's Cyclically Adjusted PS Ratio is ranked better than
53.53% of 241 companies
in the Retail - Defensive industry
Industry Median: 0.45 vs TSE:8242: 0.41

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.

H2O Retailing's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,383.344. 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6,806.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


H2O Retailing  (TSE:8242) 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.


H2O Retailing Cyclically Adjusted PS Ratio Related Terms


H2O Retailing Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for H2O Retailing'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.

H2O Retailing Cyclically Adjusted PS Ratio Chart

H2O Retailing 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 0.22 0.28 0.32 0.35

H2O Retailing 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 0.27 0.31 0.30 0.35 0.00

TSE:8242 vs KR: Cyclically Adjusted PS Ratio Comparison

For the Grocery Stores subindustry, H2O Retailing'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.


H2O Retailing Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, H2O Retailing's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where H2O Retailing's Cyclically Adjusted PS Ratio falls into.


TSE:8242
67GF Score
H2O Retailing Corp TSE:8242
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H2O Retailing 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.

H2O Retailing's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2823.00/6806.88
=0.41

* 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.

H2O Retailing's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, H2O Retailing's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1383.344/112.7000*112.7000
=1,383.344

Current CPI (Mar. 2026) = 112.7000.

H2O Retailing Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1,725.732 98.100 1,982.569
201609 1,769.958 98.000 2,035.452
201612 1,991.528 98.400 2,280.947
201703 1,778.960 98.100 2,043.719
201706 1,710.884 98.500 1,957.529
201709 1,769.794 98.800 2,018.783
201712 2,070.802 99.400 2,347.881
201803 1,874.456 99.200 2,129.548
201806 1,763.795 99.200 2,003.828
201809 1,817.144 99.900 2,049.971
201812 2,053.570 99.700 2,321.337
201903 1,820.130 99.700 2,057.459
201906 1,746.409 99.800 1,972.147
201909 1,876.449 100.100 2,112.645
201912 1,955.169 100.500 2,192.513
202003 1,644.355 100.300 1,847.645
202006 1,179.928 99.900 1,331.110
202009 1,533.940 99.900 1,730.481
202012 1,746.127 99.300 1,981.757
202103 1,516.423 99.900 1,710.719
202106 917.812 99.500 1,039.572
202109 985.072 100.100 1,109.067
202112 1,077.332 100.100 1,212.940
202203 1,182.345 101.100 1,318.005
202206 1,204.452 101.800 1,333.416
202209 1,248.364 103.100 1,364.604
202212 1,419.622 104.100 1,536.901
202303 1,300.737 104.400 1,404.148
202306 1,326.317 105.200 1,420.874
202309 1,407.825 106.200 1,493.991
202312 1,521.665 106.800 1,605.727
202403 1,388.257 107.200 1,459.483
202406 1,463.815 108.200 1,524.695
202409 1,445.265 108.900 1,495.697
202412 1,538.042 110.700 1,565.830
202503 1,385.048 111.100 1,404.995
202506 1,340.399 111.700 1,352.399
202509 1,402.059 112.000 1,410.822
202512 1,528.328 113.000 1,524.270
202603 1,383.344 112.700 1,383.344

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 0.41 mean?
H2O Retailing (TSE:8242) has a Cyclically Adjusted PS Ratio of 0.41 as of Aug. 13, 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 H2O Retailing and its competitors. This is 71% above median its historical median of 0.24. Over the past decade, H2O Retailing's Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.42. According to the industry distribution chart, H2O Retailing ranks #112 out of 241 companies in the Retail - Defensive industry, placing it in the top 46.5%.
Is H2O Retailing's Cyclically Adjusted PS Ratio too high?
H2O Retailing's current Cyclically Adjusted PS Ratio of 0.41 is 71% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.42. The Retail - Defensive industry median Cyclically Adjusted PS Ratio is 0.45. H2O Retailing's value of 0.41 is 8.9% below this industry median. Based on the distribution chart, H2O Retailing ranks #112 out of 241 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, H2O Retailing has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does H2O Retailing's Cyclically Adjusted PS Ratio compare to KR?
According to the Retail - Defensive industry distribution chart, H2O Retailing ranks #112 out of 241 companies for Cyclically Adjusted PS Ratio. This puts H2O Retailing in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. H2O Retailing's value of 0.41 is 8.9% below this benchmark. Historically, H2O Retailing's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.42 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.45, H2O Retailing 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 Retail - Defensive company?
The median Cyclically Adjusted PS Ratio among Retail - Defensive companies is 0.45, based on 241 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. H2O Retailing's current Cyclically Adjusted PS Ratio of 0.41 is 8.9% 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 H2O Retailing and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H2O Retailing's current Cyclically Adjusted PS Ratio is 0.41, which is 71% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H2O Retailing stock overvalued right now?
Based on GuruFocus' analysis, H2O Retailing (TSE:8242) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,096.66, compared to a current price of 円2,823.00 — trading 34.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.41, which is 71% above median its 10-year median of 0.24 and 8.9% below the Retail - Defensive industry median of 0.45. H2O Retailing's overall GF Score™ is 67/100 with 6 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 H2O Retailing (TSE:8242), the current Cyclically Adjusted PS Ratio is 0.41 as of Aug. 13, 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 H2O Retailing (TSE:8242) Overvalued in 2026?

Based on GuruFocus' analysis, H2O Retailing stock appears to be overvalued. The current stock price of 円2,823.00 is trading 34.6% above its estimated GF Value™ of 円2,096.66. GuruFocus considers H2O Retailing to be Significantly Overvalued.

Key valuation signals for TSE:8242:

  • Cyclically Adjusted PS Ratio: 0.41 (71% above median its 10-year median of 0.24)
  • GF Value™: 円2,096.66 vs. price of 円2,823.00 (34.6% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 8.9% below the Retail - Defensive median (#112 of 241)

No single metric tells the full story. See the TSE:8242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


H2O Retailing Business Description

Other Exchanges HKU:Germany
Address 8-7 Kakuda-cho, Kita-ku, Osaka, JPN, 530-8350
H2O Retailing Corp is a Japan-based retailer that provides a broad range of merchandise to meet consumers' needs, from daily needs to special products. The company's core business is the department store business, which includes both the Hankyu and Hanshin department store chains. Superstore business is the company's another major business arm, including the Izumiya and Hankyu Oasis store chains. H2O Retailing also runs a specialty store business, engaged in providing cosmetics, ladies' footwear, and other products and services. In addition to retail businesses, the company operates other businesses as well, such as hotels and restaurants.
67GF Score

Get the complete analysis for TSE:8242

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

円2,823.00
Price
円2,096.66
GF Value