On The Page (TSE:9160) Cyclically Adjusted PS Ratio: 0.01 (As of Aug. 17, 2026) — Near Median

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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.
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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:9160 On The Page Inc TSE:9160
69 GF Score
Price 円331.00
GF Value 円543.16
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is On The Page Cyclically Adjusted PS Ratio?

On The Page TSE:9160 +3.76% 69 Cyclically Adjusted PS Ratio is 0.01 as of Aug. 17, 2026, which is at its 10-year median of 0.01. GuruFocus rates TSE:9160 with a GF Score™ of 69/100 and a GF Value™ of 円543.16 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 64 Personal Services companies, On The Page ranks better than 98.44% on this metric.

As of today (2026-08-17), On The Page's current share price is 円331.00. On The Page's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円23,739.66. On The Page's Cyclically Adjusted PS Ratio for today is 0.01.

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

TSE:9160' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.01

During the past years, On The Page's highest Cyclically Adjusted PS Ratio was 0.02. The lowest was 0.01. And the median was 0.01.

TSE:9160's Cyclically Adjusted PS Ratio is ranked better than
98.44% of 64 companies
in the Personal Services industry
Industry Median: 0.765 vs TSE:9160: 0.01

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.

On The Page's adjusted revenue per share data for the three months ended in Mar. 2026 was 円189.016. 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23,739.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


On The Page  (TSE:9160) 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.


On The Page Cyclically Adjusted PS Ratio Related Terms


On The Page Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for On The Page'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.

On The Page Cyclically Adjusted PS Ratio Chart

On The Page Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 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 0.01

On The Page Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 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 0.01 0.01 0.01 0.01 0.01

TSE:9160 vs ROL, SCI, HRB: Cyclically Adjusted PS Ratio Comparison

For the Personal Services subindustry, On The Page'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.


On The Page Cyclically Adjusted PS Ratio vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, On The Page's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9160
69GF Score
On The Page Inc TSE:9160
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

On The Page 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.

On The Page's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=331.00/23739.66
=0.01

* 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.

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

For example, On The Page'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)
=189.016/112.7000*112.7000
=189.016

Current CPI (Mar. 2026) = 112.7000.

On The Page Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201009 22,779.524 94.700 27,109.317
201012 36,426.883 94.500 43,442.431
201103 19,294.922 94.600 22,986.657
201106 30,361.777 94.600 36,170.954
201109 22,174.340 94.700 26,389.104
201112 35,191.272 94.300 42,057.862
201203 19,364.825 95.100 22,948.641
201206 305.678 94.400 364.935
201209 233.102 94.400 278.290
201212 410.892 94.100 492.110
201303 215.777 94.200 258.154
201306 350.632 94.600 417.719
201309 296.579 95.400 350.361
201312 487.708 95.600 574.944
201403 301.262 95.700 354.778
201406 376.136 98.000 432.556
201409 303.428 98.500 347.171
201412 504.173 97.900 580.391
201503 278.017 97.900 320.046
201506 428.359 98.400 490.610
201509 372.506 98.500 426.207
201512 518.170 98.100 595.288
201603 285.257 97.900 328.381
201606 423.239 98.100 486.229
201609 342.817 98.000 394.240
202206 195.277 101.800 216.186
202209 165.277 103.100 180.667
202212 241.024 104.100 260.936
202303 133.204 104.400 143.794
202306 191.093 105.200 204.717
202309 156.285 106.200 165.850
202312 244.277 106.800 257.772
202403 147.853 107.200 155.439
202406 196.857 108.200 205.044
202412 0.000 110.700 0.000
202503 166.400 111.100 168.796
202506 221.515 111.700 223.498
202509 178.593 112.000 179.709
202512 313.700 113.000 312.867
202603 189.016 112.700 189.016

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 0.01 mean?
On The Page (TSE:9160) has a Cyclically Adjusted PS Ratio of 0.01 as of Aug. 17, 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 On The Page and its competitors. This is near median its historical median of 0.01. Over the past decade, On The Page's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.02. According to the industry distribution chart, On The Page ranks #1 out of 64 companies in the Personal Services industry, placing it in the top 1.6%.
Is On The Page's Cyclically Adjusted PS Ratio too high?
On The Page's current Cyclically Adjusted PS Ratio of 0.01 is near median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.02. The Personal Services industry median Cyclically Adjusted PS Ratio is 0.77. On The Page's value of 0.01 is 98.7% below this industry median. Based on the distribution chart, On The Page ranks #1 out of 64 companies in the Personal Services industry, which is in the top quartile — a strong position relative to peers. Overall, On The Page has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does On The Page's Cyclically Adjusted PS Ratio compare to ROL and SCI?
According to the Personal Services industry distribution chart, On The Page ranks #1 out of 64 companies for Cyclically Adjusted PS Ratio. This places On The Page in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.77. On The Page's value of 0.01 is 98.7% below this benchmark. Historically, On The Page's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.77, On The Page 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 Personal Services company?
The median Cyclically Adjusted PS Ratio among Personal Services companies is 0.77, based on 64 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. On The Page's current Cyclically Adjusted PS Ratio of 0.01 is 98.7% 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 On The Page and its competitors. For the Personal Services industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. On The Page's current Cyclically Adjusted PS Ratio is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is On The Page stock overvalued right now?
Based on GuruFocus' analysis, On The Page (TSE:9160) is currently considered Possible Value Trap. The stock's GF Value™ is 円543.16, compared to a current price of 円331.00 — trading 39.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.01, which is near median its 10-year median of 0.01 and 98.7% below the Personal Services industry median of 0.77. On The Page's overall GF Score™ is 69/100 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 On The Page (TSE:9160), the current Cyclically Adjusted PS Ratio is 0.01 as of Aug. 17, 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 On The Page (TSE:9160) Overvalued in 2026?

Based on GuruFocus' analysis, On The Page stock appears to be undervalued. The current stock price of 円331.00 is trading 39.1% below its estimated GF Value™ of 円543.16. GuruFocus considers On The Page to be Possible Value Trap.

Key valuation signals for TSE:9160:

  • Cyclically Adjusted PS Ratio: 0.01 (near median its 10-year median of 0.01)
  • GF Value™: 円543.16 vs. price of 円331.00 (39.1% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 98.7% below the Personal Services median (#1 of 64)

No single metric tells the full story. See the TSE:9160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


On The Page Business Description

Address 1-8-14 Ginza, Chuo-ku, Ginza YOMIKO Building, 4th Floor, Tokyo, JPN, 104-0061
On The Page Inc offers 'Guest House' wedding services. The Company provides rental services for wedding clothing and accessories and operates restaurant business including wedding-food catering services. The services of the company include wedding planning, wedding costume business, restaurant business, hotel business, banquet business, hair and makeup business, photography, video production, floral arrangement, and other related services.
69GF Score

Get the complete analysis for TSE:9160

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

円331.00
Price
円543.16
GF Value