NJ Holdings (TSE:9421) Cyclically Adjusted PS Ratio: 0.22 (As of Aug. 18, 2026) — 29% Below Median

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TSE:9421 NJ Holdings Inc TSE:9421
52 GF Score
Price 円505.00
GF Value 円584.92
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is NJ Holdings Cyclically Adjusted PS Ratio?

NJ Holdings TSE:9421 52 Cyclically Adjusted PS Ratio is 0.22 as of Aug. 18, 2026, which is 29% below its 10-year median of 0.31. GuruFocus rates TSE:9421 with a GF Score™ of 52/100 and a GF Value™ of 円584.92 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 303 Telecommunication Services companies, NJ Holdings ranks better than 88.78% on this metric.

As of today (2026-08-18), NJ Holdings's current share price is 円505.00. NJ Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,250.23. NJ Holdings's Cyclically Adjusted PS Ratio for today is 0.22.

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

TSE:9421' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.31   Max: 0.79
Current: 0.22

During the past years, NJ Holdings's highest Cyclically Adjusted PS Ratio was 0.79. The lowest was 0.19. And the median was 0.31.

TSE:9421's Cyclically Adjusted PS Ratio is ranked better than
88.78% of 303 companies
in the Telecommunication Services industry
Industry Median: 1.16 vs TSE:9421: 0.22

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.

NJ Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was 円482.515. 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2,250.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NJ Holdings  (TSE:9421) 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.


NJ Holdings Cyclically Adjusted PS Ratio Related Terms


NJ Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NJ 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.

NJ Holdings Cyclically Adjusted PS Ratio Chart

NJ Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.28 0.27 0.00 0.00

NJ Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.00 0.28 0.26 0.29 0.00

TSE:9421 vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, NJ 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.


NJ Holdings Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NJ Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9421
52GF Score
NJ Holdings Inc TSE:9421
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NJ 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=505.00/2250.23
=0.22

* 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.

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

For example, NJ Holdings'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)
=482.515/112.7000*112.7000
=482.515

Current CPI (Mar. 2026) = 112.7000.

NJ Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 448.823 98.100 515.620
201603 606.316 97.900 697.976
201606 420.278 98.100 482.827
201609 425.493 98.000 489.317
201612 456.005 98.400 522.274
201703 485.068 98.100 557.260
201706 500.152 98.500 572.255
201709 494.624 98.800 564.212
201712 592.598 99.400 671.889
201803 558.064 99.200 634.010
201806 497.181 99.200 564.842
201809 461.243 99.900 520.341
201812 576.840 99.700 652.055
201903 555.098 99.700 627.478
201906 573.409 99.800 647.527
201909 569.311 100.100 640.973
201912 498.371 100.500 558.870
202003 576.370 100.300 647.626
202006 0.000 99.900 0.000
202009 541.033 99.900 610.355
202012 578.358 99.300 656.404
202103 585.188 99.900 660.167
202106 560.418 99.500 634.765
202109 567.996 100.100 639.492
202112 521.464 100.100 587.103
202203 478.712 101.100 533.638
202206 444.413 101.800 491.997
202209 456.331 103.100 498.822
202212 479.997 104.100 519.651
202303 514.855 104.400 555.787
202306 462.935 105.200 495.939
202309 522.856 106.200 554.858
202312 453.922 106.800 478.998
202403 468.101 107.200 492.117
202406 387.377 108.200 403.488
202412 0.000 110.700 0.000
202506 0.000 111.700 0.000
202509 472.455 112.000 475.408
202512 477.000 113.000 475.734
202603 482.515 112.700 482.515

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 0.22 mean?
NJ Holdings (TSE:9421) has a Cyclically Adjusted PS Ratio of 0.22 as of Aug. 18, 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 NJ Holdings and its competitors. This is 29% below median its historical median of 0.31. Over the past decade, NJ Holdings' Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.79. According to the industry distribution chart, NJ Holdings ranks #34 out of 303 companies in the Telecommunication Services industry, placing it in the top 11.2%.
Is NJ Holdings' Cyclically Adjusted PS Ratio too high?
NJ Holdings' current Cyclically Adjusted PS Ratio of 0.22 is 29% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.79. The Telecommunication Services industry median Cyclically Adjusted PS Ratio is 1.16. NJ Holdings' value of 0.22 is 81% below this industry median. Based on the distribution chart, NJ Holdings ranks #34 out of 303 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, NJ Holdings has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NJ Holdings' Cyclically Adjusted PS Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, NJ Holdings ranks #34 out of 303 companies for Cyclically Adjusted PS Ratio. This places NJ Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.16. NJ Holdings' value of 0.22 is 81% below this benchmark. Historically, NJ Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.19 to 0.79 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.16, NJ 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 Telecommunication Services company?
The median Cyclically Adjusted PS Ratio among Telecommunication Services companies is 1.16, based on 303 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. NJ Holdings's current Cyclically Adjusted PS Ratio of 0.22 is 81% 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 NJ Holdings and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PS Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NJ Holdings's current Cyclically Adjusted PS Ratio is 0.22, which is 29% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NJ Holdings stock overvalued right now?
Based on GuruFocus' analysis, NJ Holdings (TSE:9421) is currently considered Modestly Undervalued. The stock's GF Value™ is 円584.92, compared to a current price of 円505.00 — trading 13.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 29% below median its 10-year median of 0.31 and 81% below the Telecommunication Services industry median of 1.16. NJ Holdings' overall GF Score™ is 52/100 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 NJ Holdings (TSE:9421), the current Cyclically Adjusted PS Ratio is 0.22 as of Aug. 18, 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 NJ Holdings (TSE:9421) Overvalued in 2026?

Based on GuruFocus' analysis, NJ Holdings stock appears to be undervalued. The current stock price of 円505.00 is trading 13.7% below its estimated GF Value™ of 円584.92. GuruFocus considers NJ Holdings to be Modestly Undervalued.

Key valuation signals for TSE:9421:

  • Cyclically Adjusted PS Ratio: 0.22 (29% below median its 10-year median of 0.31)
  • GF Value™: 円584.92 vs. price of 円505.00 (13.7% below fair value)
  • GF Score™: 52/100 with 1 warning sign
  • Industry Position: 81% below the Telecommunication Services median (#34 of 303)

No single metric tells the full story. See the TSE:9421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NJ Holdings Business Description

Address 3 Chome-8-2 Shiba, Minato-ku, Tokyo, JPN, 105-0014
NJ Holdings Inc is a Japanese company engaged in the development and operation of games, the dispatch of technical personnel, and the sale of mobile phones.
52GF Score

Get the complete analysis for TSE:9421

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

円505.00
Price
円584.92
GF Value