Kycom Holdings Co (TSE:9685) Cyclically Adjusted PS Ratio: 0.49 (As of Aug. 12, 2026) — Near Median

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TSE:9685 Kycom Holdings Co Ltd TSE:9685
85 GF Score
Price 円574.00
GF Value 円710.07
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Kycom Holdings Co Cyclically Adjusted PS Ratio?

Kycom Holdings Co TSE:9685 -1.37% 85 Cyclically Adjusted PS Ratio is 0.49 as of Aug. 12, 2026, which is 8% below its 10-year median of 0.53. GuruFocus rates TSE:9685 with a GF Score™ of 85/100 and a GF Value™ of 円710.07 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,604 Software companies, Kycom Holdings Co ranks better than 80.3% on this metric.

As of today (2026-08-12), Kycom Holdings Co's current share price is 円574.00. Kycom Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,173.17. Kycom Holdings Co's Cyclically Adjusted PS Ratio for today is 0.49.

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

TSE:9685' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.53   Max: 1.31
Current: 0.49

During the past years, Kycom Holdings Co's highest Cyclically Adjusted PS Ratio was 1.31. The lowest was 0.39. And the median was 0.53.

TSE:9685's Cyclically Adjusted PS Ratio is ranked better than
80.3% of 1604 companies
in the Software industry
Industry Median: 1.665 vs TSE:9685: 0.49

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.

Kycom Holdings Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円374.169. 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1,173.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kycom Holdings Co  (TSE:9685) 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.


Kycom Holdings Co Cyclically Adjusted PS Ratio Related Terms


Kycom Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kycom Holdings Co'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.

Kycom Holdings Co Cyclically Adjusted PS Ratio Chart

Kycom Holdings Co 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 0.47 0.50 0.61 0.00 0.53

Kycom Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 0.58 0.58 0.58 0.53

TSE:9685 vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Kycom Holdings Co'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.


Kycom Holdings Co Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:9685
85GF Score
Kycom Holdings Co Ltd TSE:9685
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kycom Holdings Co 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=574.00/1173.17
=0.49

* 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.

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

For example, Kycom Holdings Co'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)
=374.169/112.7000*112.7000
=374.169

Current CPI (Mar. 2026) = 112.7000.

Kycom Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 227.017 97.900 261.336
201606 221.077 98.100 253.979
201609 246.052 98.000 282.960
201612 226.781 98.400 259.738
201703 253.676 98.100 291.430
201706 220.611 98.500 252.415
201709 243.039 98.800 277.232
201712 233.231 99.400 264.438
201803 254.657 99.200 289.313
201806 237.274 99.200 269.564
201809 261.039 99.900 294.485
201812 229.735 99.700 259.690
201903 238.883 99.700 270.031
201906 209.882 99.800 237.011
201909 242.646 100.100 273.189
201912 212.429 100.500 238.216
202003 261.957 100.300 294.343
202006 225.180 99.900 254.032
202009 268.669 99.900 303.093
202012 238.277 99.300 270.431
202103 279.524 99.900 315.339
202106 255.924 99.500 289.876
202109 249.484 100.100 280.888
202112 252.246 100.100 283.997
202203 261.500 101.100 291.504
202206 254.705 101.800 281.977
202209 283.068 103.100 309.425
202212 282.831 104.100 306.196
202303 301.773 104.400 325.765
202306 283.070 105.200 303.251
202309 300.747 106.200 319.154
202312 303.105 106.800 319.850
202403 312.438 107.200 328.468
202406 305.187 108.200 317.880
202409 329.757 108.900 341.264
202503 0.000 111.100 0.000
202506 336.449 111.700 339.461
202509 349.730 112.000 351.916
202512 362.104 113.000 361.143
202603 374.169 112.700 374.169

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 0.49 mean?
Kycom Holdings Co (TSE:9685) has a Cyclically Adjusted PS Ratio of 0.49 as of Aug. 12, 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 Kycom Holdings Co and its competitors. This is near median its historical median of 0.53. Over the past decade, Kycom Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.39 to 1.31. According to the industry distribution chart, Kycom Holdings Co ranks #316 out of 1604 companies in the Software industry, placing it in the top 19.7%.
Is Kycom Holdings Co's Cyclically Adjusted PS Ratio too high?
Kycom Holdings Co's current Cyclically Adjusted PS Ratio of 0.49 is near median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.31. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Kycom Holdings Co's value of 0.49 is 70.6% below this industry median. Based on the distribution chart, Kycom Holdings Co ranks #316 out of 1604 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Kycom Holdings Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kycom Holdings Co's Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Kycom Holdings Co ranks #316 out of 1604 companies for Cyclically Adjusted PS Ratio. This places Kycom Holdings Co in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.67. Kycom Holdings Co's value of 0.49 is 70.6% below this benchmark. Historically, Kycom Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.39 to 1.31 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.67, Kycom Holdings Co 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 1.67, based on 1,604 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. Kycom Holdings Co's current Cyclically Adjusted PS Ratio of 0.49 is 70.6% 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 Kycom Holdings Co and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kycom Holdings Co's current Cyclically Adjusted PS Ratio is 0.49, which is near median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kycom Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kycom Holdings Co (TSE:9685) is currently considered Modestly Undervalued. The stock's GF Value™ is 円710.07, compared to a current price of 円574.00 — trading 19.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.49, which is near median its 10-year median of 0.53 and 70.6% below the Software industry median of 1.67. Kycom Holdings Co's overall GF Score™ is 85/100 with 2 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 Kycom Holdings Co (TSE:9685), the current Cyclically Adjusted PS Ratio is 0.49 as of Aug. 12, 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 Kycom Holdings Co (TSE:9685) Overvalued in 2026?

Based on GuruFocus' analysis, Kycom Holdings Co stock appears to be undervalued. The current stock price of 円574.00 is trading 19.2% below its estimated GF Value™ of 円710.07. GuruFocus considers Kycom Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:9685:

  • Cyclically Adjusted PS Ratio: 0.49 (near median its 10-year median of 0.53)
  • GF Value™: 円710.07 vs. price of 円574.00 (19.2% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 70.6% below the Software median (#316 of 1604)

No single metric tells the full story. See the TSE:9685 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kycom Holdings Co Business Description

Address 5-4-4, Tsukimi, Fukui Prefecture, Fukui, JPN, 918-8011
Kycom Holdings Co Ltd is a holding company based in Japan. It is engaged in planning, designing, developing, testing, and maintaining services to information systems.
85GF Score

Get the complete analysis for TSE:9685

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

円574.00
Price
円710.07
GF Value