Kadokawa (TSE:9468) Cyclically Adjusted PS Ratio: 1.84 (As of Aug. 05, 2026) — Near Median

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TSE:9468 Kadokawa Corp TSE:9468
75 GF Score
Price 円3,458.00
GF Value 円3,055.33
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Kadokawa Cyclically Adjusted PS Ratio?

Kadokawa TSE:9468 +0.41% 75 Cyclically Adjusted PS Ratio is 1.84 as of Aug. 05, 2026, which is 1% below its 10-year median of 1.85. GuruFocus rates TSE:9468 with a GF Score™ of 75/100 and a GF Value™ of 円3,055.33 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 727 Media - Diversified companies, Kadokawa ranks worse than 74.28% on this metric.

As of today (2026-08-05), Kadokawa's current share price is 円3458.00. Kadokawa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,884.08. Kadokawa's Cyclically Adjusted PS Ratio for today is 1.84.

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

TSE:9468' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 1.85   Max: 2.51
Current: 1.85

During the past years, Kadokawa's highest Cyclically Adjusted PS Ratio was 2.51. The lowest was 1.48. And the median was 1.85.

TSE:9468's Cyclically Adjusted PS Ratio is ranked worse than
74.28% of 727 companies
in the Media - Diversified industry
Industry Median: 0.78 vs TSE:9468: 1.85

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.

Kadokawa's adjusted revenue per share data for the three months ended in Mar. 2026 was 円491.510. 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1,884.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kadokawa  (TSE:9468) 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.


Kadokawa Cyclically Adjusted PS Ratio Related Terms


Kadokawa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kadokawa'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.

Kadokawa Cyclically Adjusted PS Ratio Chart

Kadokawa 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 0.00 0.00 0.00 1.93 2.02

Kadokawa 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 1.93 2.16 1.93 1.68 2.02

TSE:9468 vs NYT, WLY: Cyclically Adjusted PS Ratio Comparison

For the Publishing subindustry, Kadokawa'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.


Kadokawa Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kadokawa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9468
75GF Score
Kadokawa Corp TSE:9468
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kadokawa 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.

Kadokawa's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3458.00/1884.08
=1.84

* 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.

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

For example, Kadokawa'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)
=491.51/112.7000*112.7000
=491.510

Current CPI (Mar. 2026) = 112.7000.

Kadokawa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 361.487 98.100 415.286
201609 374.298 98.000 430.443
201612 373.185 98.400 427.418
201703 407.490 98.100 468.136
201706 368.074 98.500 421.136
201709 380.450 98.800 433.975
201712 380.996 99.400 431.974
201803 417.421 99.200 474.227
201806 379.541 99.200 431.192
201809 411.691 99.900 464.440
201812 395.334 99.700 446.882
201903 446.544 99.700 504.769
201906 393.210 99.800 444.036
201909 403.994 100.100 454.846
201912 404.736 100.500 453.868
202003 442.714 100.300 497.446
202006 382.096 99.900 431.053
202009 410.219 99.900 462.780
202012 448.280 99.300 508.773
202103 443.481 99.900 500.303
202106 403.627 99.500 457.173
202109 408.744 100.100 460.194
202112 393.262 100.100 442.764
202203 456.486 101.100 508.862
202206 461.408 101.800 510.812
202209 418.633 103.100 457.613
202212 480.594 104.100 520.297
202303 470.379 104.400 507.775
202306 422.241 105.200 452.344
202309 475.381 106.200 504.477
202312 466.586 106.800 492.362
202403 528.332 107.200 555.439
202406 485.847 108.200 506.053
202409 505.463 108.900 523.101
202412 511.312 110.700 520.550
202503 506.300 111.100 513.591
202506 430.857 111.700 434.714
202509 433.717 112.000 436.428
202512 442.895 113.000 441.719
202603 491.510 112.700 491.510

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 1.84 mean?
Kadokawa (TSE:9468) has a Cyclically Adjusted PS Ratio of 1.84 as of Aug. 05, 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 Kadokawa and its competitors. This is near median its historical median of 1.85. Over the past decade, Kadokawa's Cyclically Adjusted PS Ratio has ranged from 1.48 to 2.51. According to the industry distribution chart, Kadokawa ranks #540 out of 727 companies in the Media - Diversified industry, placing it in the top 74.3%.
Is Kadokawa's Cyclically Adjusted PS Ratio too high?
Kadokawa's current Cyclically Adjusted PS Ratio of 1.84 is near median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 2.51. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.78. Kadokawa's value of 1.84 is 135.9% above this industry median. Based on the distribution chart, Kadokawa ranks #540 out of 727 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Kadokawa has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kadokawa's Cyclically Adjusted PS Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Kadokawa ranks #540 out of 727 companies for Cyclically Adjusted PS Ratio. This places Kadokawa in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. Kadokawa's value of 1.84 is 135.9% above this benchmark. Historically, Kadokawa's own Cyclically Adjusted PS Ratio has ranged from 1.48 to 2.51 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 0.78, Kadokawa has consistently been above 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.78, based on 727 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. Kadokawa's current Cyclically Adjusted PS Ratio of 1.84 is 135.9% above 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 Kadokawa and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kadokawa's current Cyclically Adjusted PS Ratio is 1.84, which is near median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kadokawa stock overvalued right now?
Based on GuruFocus' analysis, Kadokawa (TSE:9468) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,055.33, compared to a current price of 円3,458.00 — trading 13.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.84, which is near median its 10-year median of 1.85 and 135.9% above the Media - Diversified industry median of 0.78. Kadokawa's overall GF Score™ is 75/100 with 4 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 Kadokawa (TSE:9468), the current Cyclically Adjusted PS Ratio is 1.84 as of Aug. 05, 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 Kadokawa (TSE:9468) Overvalued in 2026?

Based on GuruFocus' analysis, Kadokawa stock appears to be overvalued. The current stock price of 円3,458.00 is trading 13.2% above its estimated GF Value™ of 円3,055.33. GuruFocus considers Kadokawa to be Modestly Overvalued.

Key valuation signals for TSE:9468:

  • Cyclically Adjusted PS Ratio: 1.84 (near median its 10-year median of 1.85)
  • GF Value™: 円3,055.33 vs. price of 円3,458.00 (13.2% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 135.9% above the Media - Diversified median (#540 of 727)

No single metric tells the full story. See the TSE:9468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kadokawa Business Description

Other Exchanges KDKWF:USA
Address 2-13-3 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-8177
Kadokawa Corp is a Japan based publisher and digital content platform provider. It is involved in various businesses such as publishing, film, publishing rights, digital contents, planning, development and operation of network entertainment service, and contents and operation of video- sharing website.
75GF Score

Get the complete analysis for TSE:9468

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

円3,458.00
Price
円3,055.33
GF Value