JBCC Holdings (TSE:9889) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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TSE:9889 JBCC Holdings Inc TSE:9889
79 GF Score
Price 円1,702.00
GF Value 円1,324.07
Valuation Modestly Overvalued
! 1 Warning Sign
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What is JBCC Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


JBCC Holdings  (TSE:9889) 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.


JBCC Holdings Cyclically Adjusted PS Ratio Related Terms


JBCC Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for JBCC 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.

JBCC Holdings Cyclically Adjusted PS Ratio Chart

JBCC 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 0.34 0.48 0.73 0.99 1.08

JBCC 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 1.20 1.17 1.42 1.07 1.11

TSE:9889 vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, JBCC 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.


JBCC Holdings Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, JBCC Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9889
79GF Score
JBCC Holdings Inc TSE:9889
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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JBCC 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=321.841/113.6000*113.6000
=321.841

Current CPI (Jun. 2026) = 113.6000.

JBCC Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 302.504 98.000 350.658
201612 308.654 98.400 356.332
201703 317.445 98.100 367.602
201706 301.553 98.500 347.781
201709 211.164 98.800 242.796
201712 208.928 99.400 238.775
201803 219.658 99.200 251.544
201806 208.367 99.200 238.614
201809 213.651 99.900 242.950
201812 216.143 99.700 246.277
201903 241.050 99.700 274.657
201906 246.776 99.800 280.899
201909 277.508 100.100 314.934
201912 252.964 100.500 285.937
202003 229.116 100.300 259.497
202006 237.135 99.900 269.655
202009 233.048 99.900 265.008
202012 229.412 99.300 262.449
202103 234.461 99.900 266.614
202106 212.481 99.500 242.591
202109 214.810 100.100 243.780
202112 213.098 100.100 241.837
202203 233.793 101.100 262.699
202206 221.784 101.800 247.492
202209 238.923 103.100 263.256
202212 222.995 104.100 243.345
202303 241.463 104.400 262.741
202306 259.882 105.200 280.633
202309 264.053 106.200 282.452
202312 260.578 106.800 277.169
202403 256.883 107.200 272.219
202406 292.539 108.200 307.139
202409 285.299 108.900 297.612
202412 266.764 110.700 273.752
202503 281.211 111.100 287.539
202506 295.339 111.700 300.363
202509 305.993 112.000 310.364
202512 305.390 113.000 307.012
202603 318.697 112.700 321.242
202606 321.841 113.600 321.841

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.

Is JBCC Holdings (TSE:9889) Overvalued in 2026?

Based on GuruFocus' analysis, JBCC Holdings stock appears to be overvalued. The current stock price of 円1,702.00 is trading 28.5% above its estimated GF Value™ of 円1,324.07. GuruFocus considers JBCC Holdings to be Modestly Overvalued.

Key valuation signals for TSE:9889:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,324.07 vs. price of 円1,702.00 (28.5% above fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the TSE:9889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JBCC Holdings Business Description

Address 2-2-1 Yaesu, Yaesu Central Tower 13th floor, Chuo-ku, Tokyo, JPN, 104-0028
JBCC Holdings Inc provides various information technology (IT) related services. Its services include consulting, application development, system integration, operation, maintenance, monitoring, outsourcing and among others. The company develops and markets own software solutions, printing systems, and security-related solutions, and it also provides optimally customized hardware.
79GF Score

Get the complete analysis for TSE:9889

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

円1,702.00
Price
円1,324.07
GF Value