SECOM Co (TSE:9735) Cyclically Adjusted PS Ratio: 2.35 (As of Sep. 11, 2026) — Near Median

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TSE:9735 SECOM Co Ltd TSE:9735
79 GF Score
Price 円6,336.00
GF Value 円5,979.79
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is SECOM Co Cyclically Adjusted PS Ratio?

SECOM Co TSE:9735 +0.32% 79 Cyclically Adjusted PS Ratio is 2.35 as of Sep. 11, 2026, which is 7% above its 10-year median of 2.20. GuruFocus rates TSE:9735 with a GF Score™ of 79/100 and a GF Value™ of 円5,979.79 (Fairly Valued). The stock has 7 warning signs investors should review. Among 719 Business Services companies, SECOM Co ranks worse than 77.61% on this metric.

As of today (2026-09-11), SECOM Co's current share price is 円6336.00. SECOM Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,694.44. SECOM Co's Cyclically Adjusted PS Ratio for today is 2.35.

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

TSE:9735' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.2   Max: 2.55
Current: 2.38

During the past years, SECOM Co's highest Cyclically Adjusted PS Ratio was 2.55. The lowest was 1.59. And the median was 2.20.

TSE:9735's Cyclically Adjusted PS Ratio is ranked worse than
77.61% of 719 companies
in the Business Services industry
Industry Median: 0.88 vs TSE:9735: 2.38

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.

SECOM Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円850.830. 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2,694.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SECOM Co  (TSE:9735) 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.


SECOM Co Cyclically Adjusted PS Ratio Related Terms


SECOM Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SECOM 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.

SECOM Co Cyclically Adjusted PS Ratio Chart

SECOM 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 2.01 1.75 2.26 1.97 2.24

SECOM Co 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 1.98 2.05 2.08 2.24 0.00

TSE:9735 vs ALLE, MSA, ADT: Cyclically Adjusted PS Ratio Comparison

For the Security & Protection Services subindustry, SECOM 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.


SECOM Co Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


TSE:9735
79GF Score
SECOM Co Ltd TSE:9735
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SECOM 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6336.00/2694.44
=2.35

* 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.

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

For example, SECOM 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)
=850.83/112.7000*112.7000
=850.830

Current CPI (Mar. 2026) = 112.7000.

SECOM Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 488.237 98.100 560.900
201609 519.923 98.000 597.911
201612 527.059 98.400 603.654
201703 590.895 98.100 678.837
201706 495.301 98.500 566.705
201709 528.315 98.800 602.643
201712 563.614 99.400 639.027
201803 636.310 99.200 722.905
201806 524.619 99.200 596.014
201809 554.328 99.900 625.353
201812 586.452 99.700 662.920
201903 657.105 99.700 742.786
201906 547.519 99.800 618.290
201909 606.544 100.100 682.892
201912 600.732 100.500 673.657
202003 673.649 100.300 756.932
202006 547.770 99.900 617.955
202009 577.490 99.900 651.483
202012 599.915 99.300 680.870
202103 647.888 99.900 730.901
202106 559.598 99.500 633.836
202109 591.902 100.100 666.407
202112 601.910 100.100 677.675
202203 647.834 101.100 722.165
202206 568.356 101.800 629.211
202209 622.871 103.100 680.869
202212 646.558 104.100 699.972
202303 712.950 104.400 769.631
202306 621.520 105.200 665.830
202309 219.257 106.200 232.677
202312 692.564 106.800 730.824
202403 754.410 107.200 793.116
202406 647.099 108.200 674.012
202409 697.163 108.900 721.490
202412 731.571 110.700 744.788
202503 806.361 111.100 817.974
202506 695.643 111.700 701.871
202509 742.948 112.000 747.591
202512 773.062 113.000 771.010
202603 850.830 112.700 850.830

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 2.35 mean?
SECOM Co (TSE:9735) has a Cyclically Adjusted PS Ratio of 2.35 as of Sep. 11, 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 SECOM Co and its competitors. This is near median its historical median of 2.20. Over the past decade, SECOM Co's Cyclically Adjusted PS Ratio has ranged from 1.59 to 2.55. According to the industry distribution chart, SECOM Co ranks #558 out of 719 companies in the Business Services industry, placing it in the top 77.6%.
Is SECOM Co's Cyclically Adjusted PS Ratio too high?
SECOM Co's current Cyclically Adjusted PS Ratio of 2.35 is near median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 2.55. The Business Services industry median Cyclically Adjusted PS Ratio is 0.88. SECOM Co's value of 2.35 is 167% above this industry median. Based on the distribution chart, SECOM Co ranks #558 out of 719 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, SECOM Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SECOM Co's Cyclically Adjusted PS Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, SECOM Co ranks #558 out of 719 companies for Cyclically Adjusted PS Ratio. This places SECOM Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.88. SECOM Co's value of 2.35 is 167% above this benchmark. Historically, SECOM Co's own Cyclically Adjusted PS Ratio has ranged from 1.59 to 2.55 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 0.88, SECOM 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.88, based on 719 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. SECOM Co's current Cyclically Adjusted PS Ratio of 2.35 is 167% 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 SECOM Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SECOM Co's current Cyclically Adjusted PS Ratio is 2.35, which is near median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SECOM Co stock overvalued right now?
Based on GuruFocus' analysis, SECOM Co (TSE:9735) is currently considered Fairly Valued. The stock's GF Value™ is 円5,979.79, compared to a current price of 円6,336.00 — trading 6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.35, which is near median its 10-year median of 2.20 and 167% above the Business Services industry median of 0.88. SECOM Co's overall GF Score™ is 79/100 with 7 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 SECOM Co (TSE:9735), the current Cyclically Adjusted PS Ratio is 2.35 as of Sep. 11, 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 SECOM Co (TSE:9735) Overvalued in 2026?

Based on GuruFocus' analysis, SECOM Co stock appears to be overvalued. The current stock price of 円6,336.00 is trading 6% above its estimated GF Value™ of 円5,979.79. GuruFocus considers SECOM Co to be Fairly Valued.

Key valuation signals for TSE:9735:

  • Cyclically Adjusted PS Ratio: 2.35 (near median its 10-year median of 2.20)
  • GF Value™: 円5,979.79 vs. price of 円6,336.00 (6% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 167% above the Business Services median (#558 of 719)

No single metric tells the full story. See the TSE:9735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SECOM Co Business Description

Address 1-5-1 Jingumae, Shibuya-ku, Tokyo, JPN, 150-0001
SECOM Co Ltd is a provider of security services and surveillance systems. The company operates seven business segments. BPO ICT segment provides information security, disaster response, data center, and EPO services. Disaster Prevention supplies fire alarms, extinguishing systems, and other equipment for offices, plants, tunnels, cultural properties, ships, and homes. Geospatial Information Services offers mapping and related services to governments in Japan and abroad. Insurance designs products reflecting risk reduction and specialized health coverage. Medical Services covers home care, nursing, senior residences, medical records, and equipment sales. Security Services delivers centralized systems for safety and monitoring. Others include real estate leasing and construction support.
79GF Score

Get the complete analysis for TSE:9735

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

円6,336.00
Price
円5,979.79
GF Value