IwaiCosmo Holdings (TSE:8707) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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:8707 IwaiCosmo Holdings Inc TSE:8707
71 GF Score
Price 円4,740.00
GF Value 円3,193.95
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is IwaiCosmo Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IwaiCosmo Holdings  (TSE:8707) 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.


IwaiCosmo Holdings Cyclically Adjusted PS Ratio Related Terms


IwaiCosmo Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IwaiCosmo 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.

IwaiCosmo Holdings Cyclically Adjusted PS Ratio Chart

IwaiCosmo 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 1.52 1.48 2.42 2.48 3.35

IwaiCosmo 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 2.28 2.73 3.20 3.34 3.72

TSE:8707 vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, IwaiCosmo 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.


IwaiCosmo Holdings Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IwaiCosmo Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:8707
71GF Score
IwaiCosmo Holdings Inc TSE:8707
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IwaiCosmo 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.

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

For example, IwaiCosmo 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)
=428.248/113.6000*113.6000
=428.248

Current CPI (Jun. 2026) = 113.6000.

IwaiCosmo Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 150.239 98.000 174.155
201612 182.722 98.400 210.947
201703 189.789 98.100 219.776
201706 208.651 98.500 240.637
201709 208.947 98.800 240.247
201712 237.897 99.400 271.882
201803 242.240 99.200 277.404
201806 230.406 99.200 263.852
201809 233.214 99.900 265.196
201812 219.336 99.700 249.915
201903 221.251 99.700 252.097
201906 199.881 99.800 227.520
201909 201.966 100.100 229.204
201912 208.096 100.500 235.221
202003 196.644 100.300 222.719
202006 247.392 99.900 281.319
202009 231.469 99.900 263.212
202012 249.648 99.300 285.599
202103 250.755 99.900 285.143
202106 215.207 99.500 245.704
202109 222.870 100.100 252.927
202112 233.087 100.100 264.522
202203 210.311 101.100 236.314
202206 196.816 101.800 219.630
202209 214.739 103.100 236.609
202212 212.738 104.100 232.152
202303 213.888 104.400 232.736
202306 243.103 105.200 262.514
202309 242.796 106.200 259.714
202312 252.843 106.800 268.942
202403 286.349 107.200 303.444
202406 283.411 108.200 297.555
202409 262.805 108.900 274.147
202412 291.926 110.700 299.574
202503 258.293 111.100 264.105
202506 306.528 111.700 311.742
202509 346.420 112.000 351.369
202512 379.501 113.000 381.516
202603 399.341 112.700 402.530
202606 428.248 113.600 428.248

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 IwaiCosmo Holdings (TSE:8707) Overvalued in 2026?

Based on GuruFocus' analysis, IwaiCosmo Holdings stock appears to be overvalued. The current stock price of 円4,740.00 is trading 48.4% above its estimated GF Value™ of 円3,193.95. GuruFocus considers IwaiCosmo Holdings to be Significantly Overvalued.

Key valuation signals for TSE:8707:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円3,193.95 vs. price of 円4,740.00 (48.4% above fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the TSE:8707 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IwaiCosmo Holdings Business Description

Address No. 8-12 Kitahama 1-Chome, Osaka Securities Exchange, building Chuo-ku, Osaka, JPN, 5410041
IwaiCosmo Holdings Inc is a Japan-based company engaged in the operation of financial instrument business. The company is also involved in purchasing, selling and underwriting of securities, and other related services.
71GF Score

Get the complete analysis for TSE:8707

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

円4,740.00
Price
円3,193.95
GF Value