Yoshinoya Holdings Co (TSE:9861) Cyclically Adjusted PS Ratio: 1.17 (As of Aug. 09, 2026) — 52% Above Median

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TSE:9861 Yoshinoya Holdings Co Ltd TSE:9861
79 GF Score
Price 円3,771.00
GF Value 円3,662.70
Valuation Fairly Valued
! 3 Warning Signs
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What is Yoshinoya Holdings Co Cyclically Adjusted PS Ratio?

Yoshinoya Holdings Co TSE:9861 +0.19% 79 Cyclically Adjusted PS Ratio is 1.17 as of Aug. 09, 2026, which is 52% above its 10-year median of 0.77. GuruFocus rates TSE:9861 with a GF Score™ of 79/100 and a GF Value™ of 円3,662.70 (Fairly Valued). The stock has 3 warning signs investors should review. Among 267 Restaurants companies, Yoshinoya Holdings Co ranks worse than 67.04% on this metric.

As of today (2026-08-09), Yoshinoya Holdings Co's current share price is 円3771.00. Yoshinoya Holdings Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円3,234.78. Yoshinoya Holdings Co's Cyclically Adjusted PS Ratio for today is 1.17.

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

TSE:9861' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.77   Max: 1.18
Current: 1.17

During the past years, Yoshinoya Holdings Co's highest Cyclically Adjusted PS Ratio was 1.18. The lowest was 0.52. And the median was 0.77.

TSE:9861's Cyclically Adjusted PS Ratio is ranked worse than
67.04% of 267 companies
in the Restaurants industry
Industry Median: 0.7 vs TSE:9861: 1.17

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.

Yoshinoya Holdings Co's adjusted revenue per share data for the three months ended in Feb. 2026 was 円912.194. 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3,234.78 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yoshinoya Holdings Co  (TSE:9861) 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.


Yoshinoya Holdings Co Cyclically Adjusted PS Ratio Related Terms


Yoshinoya Holdings Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Yoshinoya Holdings 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.

Yoshinoya Holdings Co Cyclically Adjusted PS Ratio Chart

Yoshinoya Holdings Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.76 1.03 0.91 0.96

Yoshinoya Holdings Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 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 1.00 0.99 0.97 0.96 0.00

TSE:9861 vs MCD, SBUX, YUM: Cyclically Adjusted PS Ratio Comparison

For the Restaurants subindustry, Yoshinoya Holdings 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.


Yoshinoya Holdings Co Cyclically Adjusted PS Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Yoshinoya Holdings Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9861
79GF Score
Yoshinoya Holdings Co Ltd TSE:9861
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yoshinoya Holdings 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3771.00/3234.78
=1.17

* 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.

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

For example, Yoshinoya Holdings Co's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=912.194/112.2000*112.2000
=912.194

Current CPI (Feb. 2026) = 112.2000.

Yoshinoya Holdings Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 721.112 98.200 823.918
201608 727.667 97.900 833.955
201611 730.503 98.600 831.262
201702 744.041 98.100 850.983
201705 751.585 98.600 855.252
201708 762.221 98.500 868.235
201711 755.290 99.100 855.132
201802 806.519 99.500 909.462
201805 771.414 99.300 871.628
201808 782.818 99.800 880.082
201811 769.303 100.000 863.158
201902 810.992 99.700 912.671
201905 817.651 100.000 917.404
201908 839.994 100.000 942.473
201911 817.340 100.500 912.493
202002 871.756 100.300 975.185
202005 614.152 100.100 688.390
202008 654.492 100.100 733.606
202011 694.513 99.500 783.159
202102 672.432 99.800 755.981
202105 563.892 99.400 636.506
202108 585.045 99.700 658.396
202111 606.121 100.100 679.388
202202 620.502 100.700 691.364
202205 622.943 101.800 686.584
202208 642.118 102.700 701.515
202211 663.745 103.900 716.768
202302 670.331 104.000 723.184
202305 684.570 105.100 730.816
202308 732.320 105.900 775.886
202311 730.142 106.900 766.342
202402 750.897 106.900 788.126
202405 734.852 108.100 762.723
202408 800.034 109.100 822.766
202411 810.579 110.000 826.791
202502 822.675 110.800 833.070
202505 806.954 111.800 809.841
202508 899.733 112.100 900.536
202511 868.252 113.200 860.582
202602 912.194 112.200 912.194

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 1.17 mean?
Yoshinoya Holdings Co (TSE:9861) has a Cyclically Adjusted PS Ratio of 1.17 as of Aug. 09, 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 Yoshinoya Holdings Co and its competitors. This is 52% above median its historical median of 0.77. Over the past decade, Yoshinoya Holdings Co's Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.18. According to the industry distribution chart, Yoshinoya Holdings Co ranks #179 out of 267 companies in the Restaurants industry, placing it in the top 67%.
Is Yoshinoya Holdings Co's Cyclically Adjusted PS Ratio too high?
Yoshinoya Holdings Co's current Cyclically Adjusted PS Ratio of 1.17 is 52% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.18. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.70. Yoshinoya Holdings Co's value of 1.17 is 67.1% above this industry median. Based on the distribution chart, Yoshinoya Holdings Co ranks #179 out of 267 companies in the Restaurants industry, which is below the industry midpoint. Overall, Yoshinoya Holdings 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 Yoshinoya Holdings Co's Cyclically Adjusted PS Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Yoshinoya Holdings Co ranks #179 out of 267 companies for Cyclically Adjusted PS Ratio. This places Yoshinoya Holdings Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Yoshinoya Holdings Co's value of 1.17 is 67.1% above this benchmark. Historically, Yoshinoya Holdings Co's own Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.18 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.70, Yoshinoya Holdings 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 Restaurants company?
The median Cyclically Adjusted PS Ratio among Restaurants companies is 0.70, based on 267 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. Yoshinoya Holdings Co's current Cyclically Adjusted PS Ratio of 1.17 is 67.1% 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 Yoshinoya Holdings Co and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yoshinoya Holdings Co's current Cyclically Adjusted PS Ratio is 1.17, which is 52% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yoshinoya Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Yoshinoya Holdings Co (TSE:9861) is currently considered Fairly Valued. The stock's GF Value™ is 円3,662.70, compared to a current price of 円3,771.00 — trading 3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.17, which is 52% above median its 10-year median of 0.77 and 67.1% above the Restaurants industry median of 0.70. Yoshinoya Holdings Co's overall GF Score™ is 79/100 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 Yoshinoya Holdings Co (TSE:9861), the current Cyclically Adjusted PS Ratio is 1.17 as of Aug. 09, 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 Yoshinoya Holdings Co (TSE:9861) Overvalued in 2026?

Based on GuruFocus' analysis, Yoshinoya Holdings Co stock appears to be overvalued. The current stock price of 円3,771.00 is trading 3% above its estimated GF Value™ of 円3,662.70. GuruFocus considers Yoshinoya Holdings Co to be Fairly Valued.

Key valuation signals for TSE:9861:

  • Cyclically Adjusted PS Ratio: 1.17 (52% above median its 10-year median of 0.77)
  • GF Value™: 円3,662.70 vs. price of 円3,771.00 (3% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 67.1% above the Restaurants median (#179 of 267)

No single metric tells the full story. See the TSE:9861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yoshinoya Holdings Co Business Description

Address 36-2 Nihonbashi Hakozaki-cho, 18th Floor Daiwa Rivergate, Reception on 18th Floor, North Wing, Chuo-ku, Tokyo, JPN, 103-0015
Yoshinoya Holdings Co Ltd owns, operates, and franchises thousands of restaurants mainly in Japan. The company has three business segments: Yoshinoya: Operation of fast food restaurants such as gyudon (beef bowl)restaurants in Japan and management guidance to franchise stores, Hanamaru: Operation of self-service Sanuki udon (noodles) restaurants in Japan and management guidance to franchise stores, etc, Abroad: Operating fast food restaurants such as gyudon (beef bowl) restaurants overseas, and providing management guidance to franchise stores.
79GF Score

Get the complete analysis for TSE:9861

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

円3,771.00
Price
円3,662.70
GF Value