TOKAI (TSE:9729) Cyclically Adjusted PS Ratio: 0.63 (As of Jul. 28, 2026) — Near Median

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TSE:9729 TOKAI Corp TSE:9729
90 GF Score
Price 円2,478.00
GF Value 円2,593.25
Valuation Fairly Valued
! 1 Warning Sign
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What is TOKAI Cyclically Adjusted PS Ratio?

TOKAI TSE:9729 -0.20% 90 Cyclically Adjusted PS Ratio is 0.63 as of Jul. 28, 2026, which is 2% below its 10-year median of 0.64. GuruFocus rates TSE:9729 with a GF Score™ of 90/100 and a GF Value™ of 円2,593.25 (Fairly Valued). The stock has 1 warning sign investors should review. Among 716 Business Services companies, TOKAI ranks better than 59.78% on this metric.

As of today (2026-07-28), TOKAI's current share price is 円2478.00. TOKAI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,938.83. TOKAI's Cyclically Adjusted PS Ratio for today is 0.63.

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

TSE:9729' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.64   Max: 1.11
Current: 0.61

During the past years, TOKAI's highest Cyclically Adjusted PS Ratio was 1.11. The lowest was 0.51. And the median was 0.64.

TSE:9729's Cyclically Adjusted PS Ratio is ranked better than
59.78% of 716 companies
in the Business Services industry
Industry Median: 0.91 vs TSE:9729: 0.61

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.

TOKAI's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,217.139. 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3,938.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOKAI  (TSE:9729) 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.


TOKAI Cyclically Adjusted PS Ratio Related Terms


TOKAI Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TOKAI'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.

TOKAI Cyclically Adjusted PS Ratio Chart

TOKAI 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 0.56 0.60 0.63 0.56 0.62

TOKAI 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 0.56 0.56 0.57 0.64 0.62

TSE:9729 vs URI, SUNB, AER: Cyclically Adjusted PS Ratio Comparison

For the Rental & Leasing Services subindustry, TOKAI'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.


TOKAI Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, TOKAI's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9729
90GF Score
TOKAI Corp TSE:9729
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOKAI 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2478.00/3938.83
=0.63

* 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.

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

For example, TOKAI'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)
=1217.139/112.7000*112.7000
=1,217.139

Current CPI (Mar. 2026) = 112.7000.

TOKAI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 713.449 98.100 819.630
201609 725.078 98.000 833.840
201612 734.105 98.400 840.789
201703 731.883 98.100 840.807
201706 747.257 98.500 854.983
201709 760.103 98.800 867.041
201712 773.408 99.400 876.892
201803 757.535 99.200 860.627
201806 795.939 99.200 904.257
201809 801.022 99.900 903.655
201812 824.690 99.700 932.222
201903 810.266 99.700 915.918
201906 830.949 99.800 938.356
201909 855.629 100.100 963.331
201912 853.004 100.500 956.553
202003 830.219 100.300 932.858
202006 790.983 99.900 892.330
202009 822.522 99.900 927.910
202012 863.509 99.300 980.035
202103 837.558 99.900 944.873
202106 837.087 99.500 948.138
202109 864.800 100.100 973.656
202112 903.907 100.100 1,017.686
202203 891.360 101.100 993.633
202206 896.094 101.800 992.041
202209 923.994 103.100 1,010.030
202212 946.832 104.100 1,025.053
202303 929.344 104.400 1,003.229
202306 951.314 105.200 1,019.136
202309 975.786 106.200 1,035.509
202312 1,009.828 106.800 1,065.614
202403 988.553 107.200 1,039.272
202406 1,015.632 108.200 1,057.872
202409 1,095.246 108.900 1,133.464
202412 1,144.734 110.700 1,165.416
202503 1,109.978 111.100 1,125.963
202506 1,159.162 111.700 1,169.539
202509 1,177.945 112.000 1,185.307
202512 1,226.942 113.000 1,223.685
202603 1,217.139 112.700 1,217.139

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 0.63 mean?
TOKAI (TSE:9729) has a Cyclically Adjusted PS Ratio of 0.63 as of Jul. 28, 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 TOKAI and its competitors. This is near median its historical median of 0.64. Over the past decade, TOKAI's Cyclically Adjusted PS Ratio has ranged from 0.51 to 1.11. According to the industry distribution chart, TOKAI ranks #288 out of 716 companies in the Business Services industry, placing it in the top 40.2%.
Is TOKAI's Cyclically Adjusted PS Ratio too high?
TOKAI's current Cyclically Adjusted PS Ratio of 0.63 is near median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.11. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. TOKAI's value of 0.63 is 30.8% below this industry median. Based on the distribution chart, TOKAI ranks #288 out of 716 companies in the Business Services industry, which is above the industry midpoint. Overall, TOKAI has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TOKAI's Cyclically Adjusted PS Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, TOKAI ranks #288 out of 716 companies for Cyclically Adjusted PS Ratio. This puts TOKAI in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. TOKAI's value of 0.63 is 30.8% below this benchmark. Historically, TOKAI's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 1.11 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.91, TOKAI 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.91, based on 716 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. TOKAI's current Cyclically Adjusted PS Ratio of 0.63 is 30.8% 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 TOKAI and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOKAI's current Cyclically Adjusted PS Ratio is 0.63, which is near median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKAI stock overvalued right now?
Based on GuruFocus' analysis, TOKAI (TSE:9729) is currently considered Fairly Valued. The stock's GF Value™ is 円2,593.25, compared to a current price of 円2,478.00 — trading 4.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.63, which is near median its 10-year median of 0.64 and 30.8% below the Business Services industry median of 0.91. TOKAI's overall GF Score™ is 90/100 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 TOKAI (TSE:9729), the current Cyclically Adjusted PS Ratio is 0.63 as of Jul. 28, 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 TOKAI (TSE:9729) Overvalued in 2026?

Based on GuruFocus' analysis, TOKAI stock appears to be undervalued. The current stock price of 円2,478.00 is trading 4.4% below its estimated GF Value™ of 円2,593.25. GuruFocus considers TOKAI to be Fairly Valued.

Key valuation signals for TSE:9729:

  • Cyclically Adjusted PS Ratio: 0.63 (near median its 10-year median of 0.64)
  • GF Value™: 円2,593.25 vs. price of 円2,478.00 (4.4% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 30.8% below the Business Services median (#288 of 716)

No single metric tells the full story. See the TSE:9729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOKAI Business Description

Address 9-16 Wakamiya-cho, Gifu-shi, JPN, 500-8828
TOKAI Corp is a Japan-based company which is involved in rental and leasing business. The firm is primarily engaged in supplying beddings for hospitals, clinics, and care facilities, as well as hotels and resort facilities, on a rental or contract basis. Its have business segments include The Healthy Life Services segment rents beddings and nursing care products, provides food service, and manufactures and sells cleaning machinery, The Dispensing Services segment operates pharmacies for dispensing service in front of general hospitals, The Environmental Services segment is engaged in the rental and sale of environmental products, and The Building Cleaning and Management services mainly for medical institutions and nursing care facilities.
90GF Score

Get the complete analysis for TSE:9729

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

円2,478.00
Price
円2,593.25
GF Value