The Royal Hotel (TSE:9713) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:9713 The Royal Hotel Ltd TSE:9713
58 GF Score
Price 円920.00
GF Value 円1,058.41
Valuation Modestly Undervalued
! 5 Warning Signs
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What is The Royal Hotel Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Royal Hotel  (TSE:9713) 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.


The Royal Hotel Cyclically Adjusted PS Ratio Related Terms


The Royal Hotel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for The Royal Hotel'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.

The Royal Hotel Cyclically Adjusted PS Ratio Chart

The Royal Hotel 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 0.45 0.54 0.49 0.41 0.46

The Royal Hotel Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.36 0.43 0.38 0.40 0.40

TSE:9713 vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, The Royal Hotel'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.


The Royal Hotel Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Royal Hotel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9713
58GF Score
The Royal Hotel Ltd TSE:9713
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Royal Hotel 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.

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

For example, The Royal Hotel'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)
=403.355/113.6000*113.6000
=403.355

Current CPI (Jun. 2026) = 113.6000.

The Royal Hotel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 575.152 98.000 666.707
201612 705.571 98.400 814.562
201703 654.187 98.100 757.550
201706 560.827 98.500 646.801
201709 896.655 98.800 1,030.972
201712 656.576 99.400 750.373
201803 626.512 99.200 717.457
201806 564.673 99.200 646.642
201809 909.212 99.900 1,033.899
201812 626.383 99.700 713.712
201903 578.813 99.700 659.510
201906 516.471 99.800 587.887
201909 888.426 100.100 1,008.244
201912 579.848 100.500 655.430
202003 769.425 100.300 871.452
202006 214.885 99.900 244.354
202009 379.198 99.900 431.200
202012 565.680 99.300 647.142
202103 367.005 99.900 417.335
202106 287.141 99.500 327.831
202109 336.350 100.100 381.712
202112 562.080 100.100 637.885
202203 421.981 101.100 474.155
202206 561.601 101.800 626.698
202209 526.942 103.100 580.607
202212 784.413 104.100 855.997
202303 527.450 104.400 573.930
202306 306.605 105.200 331.087
202309 311.126 106.200 332.805
202312 327.383 106.800 348.228
202403 275.426 107.200 291.869
202406 340.132 108.200 357.107
202409 319.380 108.900 333.164
202412 536.493 110.700 550.547
202503 451.574 111.100 461.735
202506 384.464 111.700 391.004
202509 423.031 112.000 429.074
202512 460.517 113.000 462.962
202603 448.700 112.700 452.283
202606 403.355 113.600 403.355

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.

Is The Royal Hotel (TSE:9713) Overvalued in 2026?

Based on GuruFocus' analysis, The Royal Hotel stock appears to be undervalued. The current stock price of 円920.00 is trading 13.1% below its estimated GF Value™ of 円1,058.41. GuruFocus considers The Royal Hotel to be Modestly Undervalued.

Key valuation signals for TSE:9713:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,058.41 vs. price of 円920.00 (13.1% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the TSE:9713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Royal Hotel Business Description

Address 5-3-68 Nakanoshima, Kita-ku, Osaka, JPN, 530-0005
The Royal Hotel Ltd is a Japanese company engaged in the hotel industry. The company is a hotel operator providing accommodation, dining, and spa facilities. The company has developed eleven hotels around Hiroshima, Tokyo, and Kyoto.
58GF Score

Get the complete analysis for TSE:9713

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

円920.00
Price
円1,058.41
GF Value