Hotel Newgrand Co (TSE:9720) Cyclically Adjusted PS Ratio: 1.37 (As of Jul. 30, 2026) — 47% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:9720 Hotel Newgrand Co Ltd TSE:9720
69 GF Score
Price 円6,170.00
GF Value 円6,723.62
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Hotel Newgrand Co Cyclically Adjusted PS Ratio?

Hotel Newgrand Co TSE:9720 +0.65% 69 Cyclically Adjusted PS Ratio is 1.37 as of Jul. 30, 2026, which is 47% above its 10-year median of 0.93. GuruFocus rates TSE:9720 with a GF Score™ of 69/100 and a GF Value™ of 円6,723.62 (Fairly Valued). The stock has 3 warning signs investors should review. Among 670 Travel & Leisure companies, Hotel Newgrand Co ranks worse than 50.6% on this metric.

As of today (2026-07-30), Hotel Newgrand Co's current share price is 円6170.00. Hotel Newgrand Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 was 円4,507.31. Hotel Newgrand Co's Cyclically Adjusted PS Ratio for today is 1.37.

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

TSE:9720' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.93   Max: 1.69
Current: 1.32

During the past 13 years, Hotel Newgrand Co's highest Cyclically Adjusted PS Ratio was 1.69. The lowest was 0.48. And the median was 0.93.

TSE:9720's Cyclically Adjusted PS Ratio is ranked worse than
50.6% of 670 companies
in the Travel & Leisure industry
Industry Median: 1.295 vs TSE:9720: 1.32

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.

Hotel Newgrand Co's adjusted revenue per share data of for the fiscal year that ended in Nov25 was 円5,528.804. 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4,507.31 for the trailing ten years ended in Nov25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hotel Newgrand Co  (TSE:9720) 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.


Hotel Newgrand Co Cyclically Adjusted PS Ratio Related Terms


Hotel Newgrand Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hotel Newgrand 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.

Hotel Newgrand Co Cyclically Adjusted PS Ratio Chart

Hotel Newgrand Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.97 1.11 1.35 1.44

Hotel Newgrand Co Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 1.09 1.35 0.00 1.44 0.00

TSE:9720 vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, Hotel Newgrand 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.


Hotel Newgrand Co Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

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

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


TSE:9720
69GF Score
Hotel Newgrand Co Ltd TSE:9720
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hotel Newgrand 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.

Hotel Newgrand Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6170.00/4507.31
=1.37

* 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.

Hotel Newgrand Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov25 is calculated as:

For example, Hotel Newgrand Co's adjusted Revenue per Share data for the fiscal year that ended in Nov25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov25 (Change)*Current CPI (Nov25)
=5528.804/113.2000*113.2000
=5,528.804

Current CPI (Nov25) = 113.2000.

Hotel Newgrand Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201611 3,862.668 98.600 4,434.625
201711 4,544.392 99.100 5,190.970
201811 4,520.899 100.000 5,117.658
201911 4,360.854 100.500 4,911.927
202011 2,598.235 99.500 2,955.982
202111 2,708.195 100.100 3,062.614
202211 3,625.707 103.900 3,950.241
202311 4,549.196 106.900 4,817.296
202411 4,958.715 110.000 5,102.969
202511 5,528.804 113.200 5,528.804

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 1.37 mean?
Hotel Newgrand Co (TSE:9720) has a Cyclically Adjusted PS Ratio of 1.37 as of Jul. 30, 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 Hotel Newgrand Co and its competitors. This is 47% above median its historical median of 0.93. Over the past decade, Hotel Newgrand Co's Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.69. According to the industry distribution chart, Hotel Newgrand Co ranks #339 out of 670 companies in the Travel & Leisure industry, placing it in the top 50.6%.
Is Hotel Newgrand Co's Cyclically Adjusted PS Ratio too high?
Hotel Newgrand Co's current Cyclically Adjusted PS Ratio of 1.37 is 47% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.69. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.30. Hotel Newgrand Co's value of 1.37 is 5.8% above this industry median. Based on the distribution chart, Hotel Newgrand Co ranks #339 out of 670 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Hotel Newgrand Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hotel Newgrand Co's Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hotel Newgrand Co ranks #339 out of 670 companies for Cyclically Adjusted PS Ratio. This places Hotel Newgrand Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. Hotel Newgrand Co's value of 1.37 is 5.8% above this benchmark. Historically, Hotel Newgrand Co's own Cyclically Adjusted PS Ratio has ranged from 0.48 to 1.69 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.30, Hotel Newgrand Co 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.30, based on 670 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. Hotel Newgrand Co's current Cyclically Adjusted PS Ratio of 1.37 is 5.8% 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 Hotel Newgrand Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotel Newgrand Co's current Cyclically Adjusted PS Ratio is 1.37, which is 47% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotel Newgrand Co stock overvalued right now?
Based on GuruFocus' analysis, Hotel Newgrand Co (TSE:9720) is currently considered Fairly Valued. The stock's GF Value™ is 円6,723.62, compared to a current price of 円6,170.00 — trading 8.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.37, which is 47% above median its 10-year median of 0.93 and 5.8% above the Travel & Leisure industry median of 1.30. Hotel Newgrand Co's overall GF Score™ is 69/100 with 3 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 Hotel Newgrand Co (TSE:9720), the current Cyclically Adjusted PS Ratio is 1.37 as of Jul. 30, 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 Hotel Newgrand Co (TSE:9720) Overvalued in 2026?

Based on GuruFocus' analysis, Hotel Newgrand Co stock appears to be undervalued. The current stock price of 円6,170.00 is trading 8.2% below its estimated GF Value™ of 円6,723.62. GuruFocus considers Hotel Newgrand Co to be Fairly Valued.

Key valuation signals for TSE:9720:

  • Cyclically Adjusted PS Ratio: 1.37 (47% above median its 10-year median of 0.93)
  • GF Value™: 円6,723.62 vs. price of 円6,170.00 (8.2% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 5.8% above the Travel & Leisure median (#339 of 670)

No single metric tells the full story. See the TSE:9720 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotel Newgrand Co Business Description

Address 10, Yamashita-cho, Naka-ku, Kanagawa, Yokohama-shi, JPN, 231-8520
Hotel Newgrand Co Ltd is engaged in lodging operations. The company operates restaurants, hotels and food and beverage facilities, and real estate rentals with different accommodation plans and rooms.
69GF Score

Get the complete analysis for TSE:9720

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

円6,170.00
Price
円6,723.62
GF Value