Leo Palace21 (TSE:8848) Cyclically Adjusted PS Ratio: 0.40 (As of Aug. 09, 2026) — 122% Above Median

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TSE:8848 Leo Palace21 Corp TSE:8848
70 GF Score
Price 円674.00
GF Value 円539.13
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Leo Palace21 Cyclically Adjusted PS Ratio?

Leo Palace21 TSE:8848 +0.90% 70 Cyclically Adjusted PS Ratio is 0.40 as of Aug. 09, 2026, which is 122% above its 10-year median of 0.18. GuruFocus rates TSE:8848 with a GF Score™ of 70/100 and a GF Value™ of 円539.13 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,360 Real Estate companies, Leo Palace21 ranks better than 83.16% on this metric.

As of today (2026-08-09), Leo Palace21's current share price is 円674.00. Leo Palace21's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,682.18. Leo Palace21's Cyclically Adjusted PS Ratio for today is 0.40.

The historical rank and industry rank for Leo Palace21's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:8848' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.18   Max: 0.43
Current: 0.4

During the past years, Leo Palace21's highest Cyclically Adjusted PS Ratio was 0.43. The lowest was 0.06. And the median was 0.18.

TSE:8848's Cyclically Adjusted PS Ratio is ranked better than
83.16% of 1360 companies
in the Real Estate industry
Industry Median: 1.82 vs TSE:8848: 0.40

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.

Leo Palace21's adjusted revenue per share data for the three months ended in Mar. 2026 was 円314.337. 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1,682.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leo Palace21  (TSE:8848) 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.


Leo Palace21 Cyclically Adjusted PS Ratio Related Terms


Leo Palace21 Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Leo Palace21'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.

Leo Palace21 Cyclically Adjusted PS Ratio Chart

Leo Palace21 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 0.10 0.20 0.29 0.33 0.38

Leo Palace21 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.33 0.36 0.41 0.38 0.38

TSE:8848 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Leo Palace21'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.


Leo Palace21 Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Leo Palace21's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Leo Palace21's Cyclically Adjusted PS Ratio falls into.


TSE:8848
70GF Score
Leo Palace21 Corp TSE:8848
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leo Palace21 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.

Leo Palace21's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=674.00/1682.18
=0.40

* 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.

Leo Palace21's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Leo Palace21'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)
=314.337/112.7000*112.7000
=314.337

Current CPI (Mar. 2026) = 112.7000.

Leo Palace21 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 479.309 98.100 550.643
201609 491.460 98.000 565.179
201612 476.676 98.400 545.949
201703 531.298 98.100 610.370
201706 489.399 98.500 559.952
201709 510.627 98.800 582.466
201712 501.868 99.400 569.019
201803 574.391 99.200 652.559
201806 512.952 99.200 582.759
201809 512.582 99.900 578.258
201812 495.814 99.700 560.464
201903 528.395 99.700 597.293
201906 464.791 99.800 524.869
201909 443.318 100.100 499.120
201912 439.245 100.500 492.566
202003 429.444 100.300 482.536
202006 425.896 99.900 480.465
202009 428.412 99.900 483.304
202012 303.328 99.300 344.260
202103 306.032 99.900 345.243
202106 304.817 99.500 345.255
202109 301.937 100.100 339.943
202112 252.229 100.100 283.978
202203 274.141 101.100 305.595
202206 257.559 101.800 285.137
202209 242.569 103.100 265.155
202212 243.860 104.100 264.006
202303 245.509 104.400 265.027
202306 252.976 105.200 271.011
202309 328.814 106.200 348.939
202312 329.650 106.800 347.861
202403 333.926 107.200 351.058
202406 342.910 108.200 357.172
202409 337.582 108.900 349.362
202412 339.364 110.700 345.495
202503 339.511 111.100 344.400
202506 248.969 111.700 251.198
202509 278.916 112.000 280.659
202512 299.688 113.000 298.892
202603 314.337 112.700 314.337

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 0.40 mean?
Leo Palace21 (TSE:8848) has a Cyclically Adjusted PS Ratio of 0.40 as of Aug. 09, 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 Leo Palace21 and its competitors. This is 122% above median its historical median of 0.18. Over the past decade, Leo Palace21's Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.43. According to the industry distribution chart, Leo Palace21 ranks #229 out of 1360 companies in the Real Estate industry, placing it in the top 16.8%.
Is Leo Palace21's Cyclically Adjusted PS Ratio too high?
Leo Palace21's current Cyclically Adjusted PS Ratio of 0.40 is 122% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.43. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. Leo Palace21's value of 0.40 is 78% below this industry median. Based on the distribution chart, Leo Palace21 ranks #229 out of 1360 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Leo Palace21 has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leo Palace21's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Leo Palace21 ranks #229 out of 1360 companies for Cyclically Adjusted PS Ratio. This places Leo Palace21 in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.82. Leo Palace21's value of 0.40 is 78% below this benchmark. Historically, Leo Palace21's own Cyclically Adjusted PS Ratio has ranged from 0.06 to 0.43 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.82, Leo Palace21 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.82, based on 1,360 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. Leo Palace21's current Cyclically Adjusted PS Ratio of 0.40 is 78% 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 Leo Palace21 and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leo Palace21's current Cyclically Adjusted PS Ratio is 0.40, which is 122% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leo Palace21 stock overvalued right now?
Based on GuruFocus' analysis, Leo Palace21 (TSE:8848) is currently considered Modestly Overvalued. The stock's GF Value™ is 円539.13, compared to a current price of 円674.00 — trading 25% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.40, which is 122% above median its 10-year median of 0.18 and 78% below the Real Estate industry median of 1.82. Leo Palace21's overall GF Score™ is 70/100 with 1 warning sign 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 Leo Palace21 (TSE:8848), the current Cyclically Adjusted PS Ratio is 0.40 as of Aug. 09, 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 Leo Palace21 (TSE:8848) Overvalued in 2026?

Based on GuruFocus' analysis, Leo Palace21 stock appears to be overvalued. The current stock price of 円674.00 is trading 25% above its estimated GF Value™ of 円539.13. GuruFocus considers Leo Palace21 to be Modestly Overvalued.

Key valuation signals for TSE:8848:

  • Cyclically Adjusted PS Ratio: 0.40 (122% above median its 10-year median of 0.18)
  • GF Value™: 円539.13 vs. price of 円674.00 (25% above fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 78% below the Real Estate median (#229 of 1360)

No single metric tells the full story. See the TSE:8848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Leo Palace21 Business Description

Address 2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.
70GF Score

Get the complete analysis for TSE:8848

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

円674.00
Price
円539.13
GF Value