Arcs Co (TSE:9948) Cyclically Adjusted PS Ratio: 0.33 (As of Jul. 30, 2026) — 27% Above Median

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TSE:9948 Arcs Co Ltd TSE:9948
75 GF Score
Price 円3,730.00
GF Value 円3,175.88
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Arcs Co Cyclically Adjusted PS Ratio?

Arcs Co TSE:9948 +1.91% 75 Cyclically Adjusted PS Ratio is 0.33 as of Jul. 30, 2026, which is 27% above its 10-year median of 0.26. GuruFocus rates TSE:9948 with a GF Score™ of 75/100 and a GF Value™ of 円3,175.88 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 794 Retail - Cyclical companies, Arcs Co ranks better than 66.62% on this metric.

As of today (2026-07-30), Arcs Co's current share price is 円3730.00. Arcs Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was 円11,140.29. Arcs Co's Cyclically Adjusted PS Ratio for today is 0.33.

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

TSE:9948' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.26   Max: 0.36
Current: 0.31

During the past years, Arcs Co's highest Cyclically Adjusted PS Ratio was 0.36. The lowest was 0.17. And the median was 0.26.

TSE:9948's Cyclically Adjusted PS Ratio is ranked better than
66.62% of 794 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs TSE:9948: 0.31

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.

Arcs Co's adjusted revenue per share data for the three months ended in May. 2026 was 円2,974.456. 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11,140.29 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arcs Co  (TSE:9948) 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.


Arcs Co Cyclically Adjusted PS Ratio Related Terms


Arcs Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Arcs 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.

Arcs Co Cyclically Adjusted PS Ratio Chart

Arcs 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 0.23 0.22 0.30 0.26 0.35

Arcs 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 0.26 0.28 0.30 0.35 0.29

TSE:9948 vs DDS: Cyclically Adjusted PS Ratio Comparison

For the Department Stores subindustry, Arcs 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.


Arcs Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Arcs Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9948
75GF Score
Arcs Co Ltd TSE:9948
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arcs 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3730.00/11140.29
=0.33

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=2974.456/113.5000*113.5000
=2,974.456

Current CPI (May. 2026) = 113.5000.

Arcs Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 2,362.637 97.900 2,739.114
201611 2,208.604 98.600 2,542.359
201702 2,372.983 98.100 2,745.500
201705 2,295.957 98.600 2,642.912
201708 2,360.712 98.500 2,720.211
201711 2,216.078 99.100 2,538.091
201802 2,404.130 99.500 2,742.400
201805 2,289.770 99.300 2,617.209
201808 2,391.811 99.800 2,720.146
201811 2,250.900 100.000 2,554.772
201902 2,274.355 99.700 2,589.160
201905 2,211.453 100.000 2,509.999
201908 2,326.735 100.000 2,640.844
201911 2,215.687 100.500 2,502.293
202002 2,432.816 100.300 2,752.987
202005 2,487.473 100.100 2,820.461
202008 2,508.153 100.100 2,843.910
202011 2,349.404 99.500 2,679.973
202102 2,516.086 99.800 2,861.481
202105 2,525.098 99.400 2,883.286
202108 2,631.686 99.700 2,995.951
202111 2,451.017 100.100 2,779.125
202202 2,619.509 100.700 2,952.475
202205 2,458.002 101.800 2,740.503
202208 2,553.489 102.700 2,822.016
202211 2,456.656 103.900 2,683.643
202302 2,633.460 104.000 2,874.016
202305 2,556.076 105.100 2,760.368
202308 2,698.959 105.900 2,892.652
202311 2,639.402 106.900 2,802.359
202402 2,870.860 106.900 3,048.107
202405 2,756.970 108.100 2,894.691
202408 2,851.300 109.100 2,966.293
202411 2,721.217 110.000 2,807.801
202502 2,938.997 110.800 3,010.615
202505 2,859.255 111.800 2,902.732
202508 2,952.927 112.100 2,989.806
202511 2,800.749 113.200 2,808.171
202602 3,015.114 112.200 3,050.048
202605 2,974.456 113.500 2,974.456

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 0.33 mean?
Arcs Co (TSE:9948) has a Cyclically Adjusted PS Ratio of 0.33 as of Jul. 30, 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 Arcs Co and its competitors. This is 27% above median its historical median of 0.26. Over the past decade, Arcs Co's Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.36. According to the industry distribution chart, Arcs Co ranks #265 out of 794 companies in the Retail - Cyclical industry, placing it in the top 33.4%.
Is Arcs Co's Cyclically Adjusted PS Ratio too high?
Arcs Co's current Cyclically Adjusted PS Ratio of 0.33 is 27% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.36. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Arcs Co's value of 0.33 is 32.7% below this industry median. Based on the distribution chart, Arcs Co ranks #265 out of 794 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Arcs Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arcs Co's Cyclically Adjusted PS Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, Arcs Co ranks #265 out of 794 companies for Cyclically Adjusted PS Ratio. This puts Arcs Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Arcs Co's value of 0.33 is 32.7% below this benchmark. Historically, Arcs Co's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.36 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.49, Arcs Co 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 794 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. Arcs Co's current Cyclically Adjusted PS Ratio of 0.33 is 32.7% 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 Arcs Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arcs Co's current Cyclically Adjusted PS Ratio is 0.33, which is 27% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcs Co stock overvalued right now?
Based on GuruFocus' analysis, Arcs Co (TSE:9948) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,175.88, compared to a current price of 円3,730.00 — trading 17.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.33, which is 27% above median its 10-year median of 0.26 and 32.7% below the Retail - Cyclical industry median of 0.49. Arcs Co's overall GF Score™ is 75/100 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 Arcs Co (TSE:9948), the current Cyclically Adjusted PS Ratio is 0.33 as of Jul. 30, 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 Arcs Co (TSE:9948) Overvalued in 2026?

Based on GuruFocus' analysis, Arcs Co stock appears to be overvalued. The current stock price of 円3,730.00 is trading 17.4% above its estimated GF Value™ of 円3,175.88. GuruFocus considers Arcs Co to be Modestly Overvalued.

Key valuation signals for TSE:9948:

  • Cyclically Adjusted PS Ratio: 0.33 (27% above median its 10-year median of 0.26)
  • GF Value™: 円3,175.88 vs. price of 円3,730.00 (17.4% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 32.7% below the Retail - Cyclical median (#265 of 794)

No single metric tells the full story. See the TSE:9948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arcs Co Business Description

Address 11-2-32, Minami 13-jo Nishi, Chuo-ku, Sapporo, JPN, 064-8610
Arcs Co Ltd is a Japan-based company principally engaged in the supermarket business. The company also operates other businesses through subsidiaries, including tourism, building maintenance, real estate leasing, property and casualty insurance, life insurance agency, wholesale, food manufacturing, industrial and general waste collection, and construction businesses. The group operates in a single segment related to retail.
75GF Score

Get the complete analysis for TSE:9948

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

円3,730.00
Price
円3,175.88
GF Value