HEIWADO Co (TSE:8276) Cyclically Adjusted PS Ratio: 0.29 (As of Aug. 08, 2026) — Near Median

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TSE:8276 HEIWADO Co Ltd TSE:8276
77 GF Score
Price 円2,689.00
GF Value 円2,762.72
Valuation Fairly Valued
! 2 Warning Signs
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What is HEIWADO Co Cyclically Adjusted PS Ratio?

HEIWADO Co TSE:8276 +1.43% 77 Cyclically Adjusted PS Ratio is 0.29 as of Aug. 08, 2026, which is 7% above its 10-year median of 0.27. GuruFocus rates TSE:8276 with a GF Score™ of 77/100 and a GF Value™ of 円2,762.72 (Fairly Valued). The stock has 2 warning signs investors should review. Among 795 Retail - Cyclical companies, HEIWADO Co ranks better than 69.43% on this metric.

As of today (2026-08-08), HEIWADO Co's current share price is 円2689.00. HEIWADO Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円9,162.87. HEIWADO Co's Cyclically Adjusted PS Ratio for today is 0.29.

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

TSE:8276' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.27   Max: 0.41
Current: 0.28

During the past years, HEIWADO Co's highest Cyclically Adjusted PS Ratio was 0.41. The lowest was 0.18. And the median was 0.27.

TSE:8276's Cyclically Adjusted PS Ratio is ranked better than
69.43% of 795 companies
in the Retail - Cyclical industry
Industry Median: 0.5 vs TSE:8276: 0.28

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.

HEIWADO Co's adjusted revenue per share data for the three months ended in Feb. 2026 was 円2,416.697. 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9,162.87 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


HEIWADO Co  (TSE:8276) 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.


HEIWADO Co Cyclically Adjusted PS Ratio Related Terms


HEIWADO Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for HEIWADO Co'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.

HEIWADO Co Cyclically Adjusted PS Ratio Chart

HEIWADO Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.25 0.24 0.27 0.33

HEIWADO Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.30 0.31 0.32 0.33 0.00

TSE:8276 vs DDS: Cyclically Adjusted PS Ratio Comparison

For the Department Stores subindustry, HEIWADO Co'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.


HEIWADO Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HEIWADO Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:8276
77GF Score
HEIWADO Co Ltd TSE:8276
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HEIWADO Co 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.

HEIWADO Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2689.00/9162.87
=0.29

* 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.

HEIWADO Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, HEIWADO Co's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=2416.697/112.2000*112.2000
=2,416.697

Current CPI (Feb. 2026) = 112.2000.

HEIWADO Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 2,024.575 98.200 2,313.211
201608 2,088.386 97.900 2,393.431
201611 2,025.738 98.600 2,305.150
201702 2,203.981 98.100 2,520.761
201705 1,991.707 98.600 2,266.425
201708 2,086.099 98.500 2,376.247
201711 2,023.965 99.100 2,291.512
201802 2,251.315 99.500 2,538.669
201805 1,991.554 99.300 2,250.276
201808 2,100.782 99.800 2,361.801
201811 2,023.489 100.000 2,270.355
201902 2,228.027 99.700 2,507.368
201905 1,982.326 100.000 2,224.170
201908 2,084.919 100.000 2,339.279
201911 2,014.585 100.500 2,249.119
202002 2,185.831 100.300 2,445.167
202005 1,927.798 100.100 2,160.829
202008 2,120.763 100.100 2,377.119
202011 2,070.182 99.500 2,334.416
202102 2,257.412 99.800 2,537.892
202105 2,000.229 99.400 2,257.804
202108 2,117.295 99.700 2,382.753
202111 2,035.234 100.100 2,281.251
202202 2,231.368 100.700 2,486.192
202205 1,882.724 101.800 2,075.065
202208 1,991.687 102.700 2,175.923
202211 1,954.909 103.900 2,111.076
202302 2,095.939 104.000 2,261.196
202305 1,923.906 105.100 2,053.875
202308 2,041.146 105.900 2,162.574
202311 1,993.174 106.900 2,091.994
202402 2,153.104 106.900 2,259.853
202405 2,026.155 108.100 2,103.003
202408 2,161.585 109.100 2,223.005
202411 2,121.934 110.000 2,164.373
202502 2,317.650 110.800 2,346.934
202505 2,162.281 111.800 2,170.017
202508 2,303.231 112.100 2,305.286
202511 2,256.604 113.200 2,236.669
202602 2,416.697 112.200 2,416.697

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 0.29 mean?
HEIWADO Co (TSE:8276) has a Cyclically Adjusted PS Ratio of 0.29 as of Aug. 08, 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 HEIWADO Co and its competitors. This is near median its historical median of 0.27. Over the past decade, HEIWADO Co's Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.41. According to the industry distribution chart, HEIWADO Co ranks #243 out of 795 companies in the Retail - Cyclical industry, placing it in the top 30.6%.
Is HEIWADO Co's Cyclically Adjusted PS Ratio too high?
HEIWADO Co's current Cyclically Adjusted PS Ratio of 0.29 is near median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.41. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. HEIWADO Co's value of 0.29 is 42% below this industry median. Based on the distribution chart, HEIWADO Co ranks #243 out of 795 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, HEIWADO Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HEIWADO Co's Cyclically Adjusted PS Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, HEIWADO Co ranks #243 out of 795 companies for Cyclically Adjusted PS Ratio. This puts HEIWADO Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. HEIWADO Co's value of 0.29 is 42% below this benchmark. Historically, HEIWADO Co's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.41 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.50, HEIWADO Co 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 - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.50, based on 795 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. HEIWADO Co's current Cyclically Adjusted PS Ratio of 0.29 is 42% 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 HEIWADO Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HEIWADO Co's current Cyclically Adjusted PS Ratio is 0.29, which is near median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HEIWADO Co stock overvalued right now?
Based on GuruFocus' analysis, HEIWADO Co (TSE:8276) is currently considered Fairly Valued. The stock's GF Value™ is 円2,762.72, compared to a current price of 円2,689.00 — trading 2.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.29, which is near median its 10-year median of 0.27 and 42% below the Retail - Cyclical industry median of 0.50. HEIWADO Co's overall GF Score™ is 77/100 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 HEIWADO Co (TSE:8276), the current Cyclically Adjusted PS Ratio is 0.29 as of Aug. 08, 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 HEIWADO Co (TSE:8276) Overvalued in 2026?

Based on GuruFocus' analysis, HEIWADO Co stock appears to be undervalued. The current stock price of 円2,689.00 is trading 2.7% below its estimated GF Value™ of 円2,762.72. GuruFocus considers HEIWADO Co to be Fairly Valued.

Key valuation signals for TSE:8276:

  • Cyclically Adjusted PS Ratio: 0.29 (near median its 10-year median of 0.27)
  • GF Value™: 円2,762.72 vs. price of 円2,689.00 (2.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 42% below the Retail - Cyclical median (#243 of 795)

No single metric tells the full story. See the TSE:8276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HEIWADO Co Business Description

Address 31, Koizumi-cho, Hikone-shi, Shiga-ken, JPN, 522-8511
HEIWADO Co Ltd is a Japan-based company that is mainly engaged in the retail business. The company's stores offer a broad range of merchandise, including foods, apparel, housing-related goods, etc. The company also operates restaurant businesses, sales of books, CDs and DVDs, rental shops of CDs and DVDs, and others. The majority of the company's stores are located in Japan, with around half of them being located in the Shiga Prefecture, and the rest in other areas of Japan. The company also operates several department stores in Hunan province, China.
77GF Score

Get the complete analysis for TSE:8276

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

円2,689.00
Price
円2,762.72
GF Value