Meitec Group Holdings (TSE:9744) Cyclically Adjusted PS Ratio: 2.23 (As of Sep. 11, 2026) — Near Median

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TSE:9744 Meitec Group Holdings Inc TSE:9744
84 GF Score
Price 円3,310.00
GF Value 円3,317.98
Valuation Fairly Valued
! 3 Warning Signs
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What is Meitec Group Holdings Cyclically Adjusted PS Ratio?

Meitec Group Holdings TSE:9744 +0.46% 84 Cyclically Adjusted PS Ratio is 2.23 as of Sep. 11, 2026, which is 4% above its 10-year median of 2.14. GuruFocus rates TSE:9744 with a GF Score™ of 84/100 and a GF Value™ of 円3,317.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 719 Business Services companies, Meitec Group Holdings ranks worse than 76.5% on this metric.

As of today (2026-09-11), Meitec Group Holdings's current share price is 円3310.00. Meitec Group Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,484.08. Meitec Group Holdings's Cyclically Adjusted PS Ratio for today is 2.23.

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

TSE:9744' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.14   Max: 2.65
Current: 2.26

During the past years, Meitec Group Holdings's highest Cyclically Adjusted PS Ratio was 2.65. The lowest was 1.40. And the median was 2.14.

TSE:9744's Cyclically Adjusted PS Ratio is ranked worse than
76.5% of 719 companies
in the Business Services industry
Industry Median: 0.88 vs TSE:9744: 2.26

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.

Meitec Group Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was 円442.504. 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1,484.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meitec Group Holdings  (TSE:9744) 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.


Meitec Group Holdings Cyclically Adjusted PS Ratio Related Terms


Meitec Group Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Meitec Group Holdings'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.

Meitec Group Holdings Cyclically Adjusted PS Ratio Chart

Meitec Group Holdings 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 2.08 2.02 2.33 2.09 2.20

Meitec Group Holdings 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 2.23 2.21 2.41 2.20 0.00

TSE:9744 vs RHI, KFY, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, Meitec Group Holdings'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.


Meitec Group Holdings Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


TSE:9744
84GF Score
Meitec Group Holdings Inc TSE:9744
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meitec Group Holdings 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.

Meitec Group Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3310.00/1484.08
=2.23

* 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.

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

For example, Meitec Group Holdings'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)
=442.504/112.7000*112.7000
=442.504

Current CPI (Mar. 2026) = 112.7000.

Meitec Group Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 247.974 98.100 284.879
201609 253.009 98.000 290.960
201612 257.759 98.400 295.218
201703 270.620 98.100 310.896
201706 266.730 98.500 305.182
201709 270.716 98.800 308.803
201712 284.463 99.400 322.525
201803 278.095 99.200 315.941
201806 280.941 99.200 319.174
201809 284.414 99.900 320.855
201812 307.209 99.700 347.266
201903 291.429 99.700 329.429
201906 290.675 99.800 328.247
201909 304.152 100.100 342.437
201912 308.818 100.500 346.306
202003 312.138 100.300 350.727
202006 287.005 99.900 323.778
202009 281.717 99.900 317.813
202012 295.827 99.300 335.747
202103 307.725 99.900 347.153
202106 308.665 99.500 349.614
202109 315.068 100.100 354.727
202112 344.925 100.100 388.342
202203 351.991 101.100 392.378
202206 357.342 101.800 395.604
202209 366.880 103.100 401.041
202212 384.674 104.100 416.453
202303 386.705 104.400 417.449
202306 399.153 105.200 427.610
202309 398.498 106.200 422.888
202312 421.069 106.800 444.330
202403 406.842 107.200 427.715
202406 426.306 108.200 444.036
202409 426.477 108.900 441.359
202412 447.658 110.700 455.746
202503 423.148 111.100 429.242
202506 441.463 111.700 445.415
202509 443.852 112.000 446.626
202512 455.558 113.000 454.349
202603 442.504 112.700 442.504

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 2.23 mean?
Meitec Group Holdings (TSE:9744) has a Cyclically Adjusted PS Ratio of 2.23 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 Meitec Group Holdings and its competitors. This is near median its historical median of 2.14. Over the past decade, Meitec Group Holdings' Cyclically Adjusted PS Ratio has ranged from 1.40 to 2.65. According to the industry distribution chart, Meitec Group Holdings ranks #550 out of 719 companies in the Business Services industry, placing it in the top 76.5%.
Is Meitec Group Holdings' Cyclically Adjusted PS Ratio too high?
Meitec Group Holdings' current Cyclically Adjusted PS Ratio of 2.23 is near median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 2.65. The Business Services industry median Cyclically Adjusted PS Ratio is 0.88. Meitec Group Holdings' value of 2.23 is 153.4% above this industry median. Based on the distribution chart, Meitec Group Holdings ranks #550 out of 719 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Meitec Group Holdings has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meitec Group Holdings' Cyclically Adjusted PS Ratio compare to RHI and KFY?
According to the Business Services industry distribution chart, Meitec Group Holdings ranks #550 out of 719 companies for Cyclically Adjusted PS Ratio. This places Meitec Group Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.88. Meitec Group Holdings' value of 2.23 is 153.4% above this benchmark. Historically, Meitec Group Holdings' own Cyclically Adjusted PS Ratio has ranged from 1.40 to 2.65 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 0.88, Meitec Group Holdings 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. Meitec Group Holdings's current Cyclically Adjusted PS Ratio of 2.23 is 153.4% 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 Meitec Group Holdings 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. Meitec Group Holdings's current Cyclically Adjusted PS Ratio is 2.23, which is near median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meitec Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Meitec Group Holdings (TSE:9744) is currently considered Fairly Valued. The stock's GF Value™ is 円3,317.98, compared to a current price of 円3,310.00 — trading 0.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.23, which is near median its 10-year median of 2.14 and 153.4% above the Business Services industry median of 0.88. Meitec Group Holdings' overall GF Score™ is 84/100 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 Meitec Group Holdings (TSE:9744), the current Cyclically Adjusted PS Ratio is 2.23 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 Meitec Group Holdings (TSE:9744) Overvalued in 2026?

Based on GuruFocus' analysis, Meitec Group Holdings stock appears to be undervalued. The current stock price of 円3,310.00 is trading 0.2% below its estimated GF Value™ of 円3,317.98. GuruFocus considers Meitec Group Holdings to be Fairly Valued.

Key valuation signals for TSE:9744:

  • Cyclically Adjusted PS Ratio: 2.23 (near median its 10-year median of 2.14)
  • GF Value™: 円3,317.98 vs. price of 円3,310.00 (0.2% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 153.4% above the Business Services median (#550 of 719)

No single metric tells the full story. See the TSE:9744 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meitec Group Holdings Business Description

Other Exchanges MEITF:USA
Address 1-1-10 Ueno, Taito-ku, Tokyo, JPN, 110-0005
Meitec Group Holdings Inc formerly Meitec Corp offers staffing in the flexible labour market and engineering solutions for manufacturers. The company provides temporary engineering staffing, senior-workforce development, career development and career change support, global engineering solution outsourcing, prototyping and mold making, mounting and design of circuit boards, and information technology solutions. The core business segment is temporary staffing offering flexible staffing for engineering companies. Meitec operates in Japan.
84GF Score

Get the complete analysis for TSE:9744

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

円3,310.00
Price
円3,317.98
GF Value