Beat Holdings (TSE:9399) Cyclically Adjusted PS Ratio: 0.04 (As of Sep. 14, 2026) — 75% Below Median

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TSE:9399 Beat Holdings Ltd TSE:9399
30 GF Score
Price 円14.00
GF Value 円5.88
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Beat Holdings Cyclically Adjusted PS Ratio?

Beat Holdings TSE:9399 30 Cyclically Adjusted PS Ratio is 0.04 as of Sep. 14, 2026, which is 75% below its 10-year median of 0.16. GuruFocus rates TSE:9399 with a GF Score™ of 30/100 and a GF Value™ of 円5.88 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,600 Software companies, Beat Holdings ranks better than 98.62% on this metric.

As of today (2026-09-14), Beat Holdings's current share price is 円14.00. Beat Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円321.82. Beat Holdings's Cyclically Adjusted PS Ratio for today is 0.04.

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

TSE:9399' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.16   Max: 0.73
Current: 0.04

During the past years, Beat Holdings's highest Cyclically Adjusted PS Ratio was 0.73. The lowest was 0.03. And the median was 0.16.

TSE:9399's Cyclically Adjusted PS Ratio is ranked better than
98.62% of 1600 companies
in the Software industry
Industry Median: 1.66 vs TSE:9399: 0.04

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.

Beat Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was 円0.202. 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321.82 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beat Holdings  (TSE:9399) 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.


Beat Holdings Cyclically Adjusted PS Ratio Related Terms


Beat Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Beat 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.

Beat Holdings Cyclically Adjusted PS Ratio Chart

Beat Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.18 0.12 0.00 0.19

Beat Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.24 0.25 0.19 0.08 0.03

TSE:9399 vs CRM, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Beat 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.


Beat Holdings Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Beat Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9399
30GF Score
Beat Holdings Ltd TSE:9399
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beat 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.

Beat Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.00/321.82
=0.04

* 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.

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

For example, Beat 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)
=0.202/121.3631*121.3631
=0.202

Current CPI (Jun. 2026) = 121.3631.

Beat Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 275.261 101.686 328.528
201609 274.945 102.565 325.337
201612 120.660 103.225 141.862
201703 87.413 103.335 102.664
201706 231.270 103.664 270.755
201709 187.817 103.994 219.186
201712 223.209 104.984 258.034
201803 171.954 105.973 196.926
201806 73.921 106.193 84.481
201809 134.155 106.852 152.374
201812 161.383 107.622 181.989
201903 65.642 108.172 73.647
201906 79.232 109.601 87.735
201909 118.230 110.260 130.135
201912 168.691 110.700 184.940
202003 65.223 110.920 71.364
202006 57.982 110.590 63.630
202009 37.438 107.512 42.261
202012 22.832 109.711 25.257
202103 27.200 111.579 29.585
202106 29.227 111.360 31.853
202109 22.427 109.051 24.959
202112 10.066 112.349 10.874
202203 12.219 113.558 13.059
202206 12.715 113.448 13.602
202209 15.852 113.778 16.909
202212 12.701 114.548 13.457
202303 15.192 115.427 15.973
202306 8.797 115.647 9.232
202309 5.022 116.087 5.250
202312 4.240 117.296 4.387
202403 3.326 117.735 3.428
202406 2.638 117.296 2.729
202412 0.000 118.945 0.000
202503 0.192 119.384 0.195
202506 0.242 119.055 0.247
202509 0.170 119.934 0.172
202512 0.275 120.704 0.277
202603 0.218 121.473 0.218
202606 0.202 121.363 0.202

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 0.04 mean?
Beat Holdings (TSE:9399) has a Cyclically Adjusted PS Ratio of 0.04 as of Sep. 14, 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 Beat Holdings and its competitors. This is 75% below median its historical median of 0.16. Over the past decade, Beat Holdings' Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.73. According to the industry distribution chart, Beat Holdings ranks #22 out of 1600 companies in the Software industry, placing it in the top 1.4%.
Is Beat Holdings' Cyclically Adjusted PS Ratio too high?
Beat Holdings' current Cyclically Adjusted PS Ratio of 0.04 is 75% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.73. The Software industry median Cyclically Adjusted PS Ratio is 1.66. Beat Holdings' value of 0.04 is 97.6% below this industry median. Based on the distribution chart, Beat Holdings ranks #22 out of 1600 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Beat Holdings has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beat Holdings' Cyclically Adjusted PS Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Beat Holdings ranks #22 out of 1600 companies for Cyclically Adjusted PS Ratio. This places Beat Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.66. Beat Holdings' value of 0.04 is 97.6% below this benchmark. Historically, Beat Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.73 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.66, Beat Holdings 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.66, based on 1,600 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. Beat Holdings's current Cyclically Adjusted PS Ratio of 0.04 is 97.6% 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 Beat Holdings and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beat Holdings's current Cyclically Adjusted PS Ratio is 0.04, which is 75% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Beat Holdings (TSE:9399) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5.88, compared to a current price of 円14.00 — trading 138.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.04, which is 75% below median its 10-year median of 0.16 and 97.6% below the Software industry median of 1.66. Beat Holdings' overall GF Score™ is 30/100 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 Beat Holdings (TSE:9399), the current Cyclically Adjusted PS Ratio is 0.04 as of Sep. 14, 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 Beat Holdings (TSE:9399) Overvalued in 2026?

Based on GuruFocus' analysis, Beat Holdings stock appears to be overvalued. The current stock price of 円14.00 is trading 138.1% above its estimated GF Value™ of 円5.88. GuruFocus considers Beat Holdings to be Significantly Overvalued.

Key valuation signals for TSE:9399:

  • Cyclically Adjusted PS Ratio: 0.04 (75% below median its 10-year median of 0.16)
  • GF Value™: 円5.88 vs. price of 円14.00 (138.1% above fair value)
  • GF Score™: 30/100 with 6 warning signs
  • Industry Position: 97.6% below the Software median (#22 of 1600)

No single metric tells the full story. See the TSE:9399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beat Holdings Business Description

Address 199 Des Voeux Road Central, Suite 2103, Infinitus Plaza, Hong Kong, HKG, 200020
Beat Holdings Ltd is mainly engaged in the business of providing application-to-person (A2P) messaging service and software products and services. Its reportable segments are: the Messaging Business, which provides cloud-based A2P messaging services and software products and services; the Licensing Business, which provides licensing services for intellectual property rights and other rights related to application software owned by the group; and other businesses. The majority of its revenue is generated from the Messaging business. Geographically, the group generates maximum revenue from Asia, and the rest from Europe and other regions.
30GF Score

Get the complete analysis for TSE:9399

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

円14.00
Price
円5.88
GF Value