CDS Co (NGO:2169) PS Ratio: 2.26 (As of Jul. 19, 2026) — 88% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:2169 CDS Co Ltd NGO:2169
72 GF Score
Price 円1,370.00
GF Value 円1,268.05
! 3 Warning Signs
View Full Analysis

What is CDS Co PS Ratio?

CDS Co NGO:2169 72 PS Ratio is 2.26 as of Jul. 19, 2026, which is 88% above its 10-year median of 1.20. GuruFocus rates NGO:2169 with a GF Score™ of 72/100 and a GF Value™ of 円1,268.05. The stock has 3 warning signs investors should review. Among 2,783 Software companies, CDS Co ranks worse than 59.58% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, CDS Co's share price is 円1370.00. CDS Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was 円606.54. Hence, CDS Co's PS Ratio for today is 2.26.

Good Sign:

CDS Co Ltd stock PS Ratio (=1.32) is close to 2-year low of 1.22.

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

NGO:2169' s PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.2   Max: 2.81
Current: 2.81

During the past 13 years, CDS Co's highest PS Ratio was 2.81. The lowest was 0.63. And the median was 1.20.

NGO:2169's PS Ratio is ranked worse than
59.58% of 2783 companies
in the Software industry
Industry Median: 2.04 vs NGO:2169: 2.81

CDS Co's Revenue per Sharefor the three months ended in Dec. 2025 was 円0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was 円606.54.

Warning Sign:

CDS Co Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of CDS Co was -15.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was -3.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.20% per year.

During the past 13 years, CDS Co's highest 3-Year average Revenue per Share Growth Rate was 14.60% per year. The lowest was -3.30% per year. And the median was 0.95% per year.

Back to Basics: PS Ratio


CDS Co  (NGO:2169) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


CDS Co PS Ratio Related Terms


CDS Co PS Ratio Historical Data

* Premium members only.

The historical data trend for CDS Co's 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.

CDS Co PS Ratio Chart

CDS Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 1.28 1.19 1.18 1.40

CDS Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.53 2.57 2.65 1.40 0.00

NGO:2169 vs UBER, SHOP, CRM: PS Ratio Comparison

For the Software - Application subindustry, CDS Co's PS Ratio, along with its competitors' market caps and 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.


CDS Co PS Ratio vs Software Industry

For the Software industry and Technology sector, CDS Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where CDS Co's PS Ratio falls into.


NGO:2169
72GF Score
CDS Co Ltd NGO:2169
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CDS Co PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

CDS Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1370.00/606.536
=2.26

CDS Co's Share Price of today is 円1370.00.
CDS Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円606.54.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 2.26 mean?
CDS Co (NGO:2169) has a PS Ratio of 2.26 as of Jul. 19, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on CDS Co and its competitors. This is 88% above median its historical median of 1.20. Over the past decade, CDS Co's PS Ratio has ranged from 0.63 to 2.81. According to the industry distribution chart, CDS Co ranks #1658 out of 2783 companies in the Software industry, placing it in the top 59.6%.
Is CDS Co's PS Ratio too high?
CDS Co's current PS Ratio of 2.26 is 88% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.81. The Software industry median PS Ratio is 2.04. CDS Co's value of 2.26 is 10.8% above this industry median. Based on the distribution chart, CDS Co ranks #1658 out of 2783 companies in the Software industry, which is below the industry midpoint. Overall, CDS Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does CDS Co's PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, CDS Co ranks #1658 out of 2783 companies for PS Ratio. This places CDS Co in the lower half of its industry. The industry median PS Ratio is 2.04. CDS Co's value of 2.26 is 10.8% above this benchmark. Historically, CDS Co's own PS Ratio has ranged from 0.63 to 2.81 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 2.04, CDS 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 PS Ratio for a Software company?
The median PS Ratio among Software companies is 2.04, based on 2,783 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CDS Co's current PS Ratio of 2.26 is 10.8% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on CDS Co and its competitors. For the Software industry, the median PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDS Co's current PS Ratio is 2.26, which is 88% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDS Co stock overvalued right now?
CDS Co (NGO:2169) has a current PS Ratio of 2.26. The stock's GF Value™ is 円1,268.05, compared to a current price of 円1,370.00 — trading 8% above its estimated fair value. The current PS Ratio is 2.26, which is 88% above median its 10-year median of 1.20 and 10.8% above the Software industry median of 2.04. CDS Co's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For CDS Co (NGO:2169), the current PS Ratio is 2.26 as of Jul. 19, 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 CDS Co (NGO:2169) Overvalued in 2026?

Based on GuruFocus' analysis, CDS Co stock appears to be overvalued. The current stock price of 円1,370.00 is trading 8% above its estimated GF Value™ of 円1,268.05.

Key valuation signals for NGO:2169:

  • PS Ratio: 2.26 (88% above median its 10-year median of 1.20)
  • GF Value™: 円1,268.05 vs. price of 円1,370.00 (8% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 10.8% above the Software median (#1658 of 2783)

No single metric tells the full story. See the NGO:2169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CDS Co Business Description

Other Exchanges 2169:Japan
Address 1-1-17 Meieki, Nishi-ku, Aichi Prefecture, Nagoya, JPN, 444-3511
CDS Co Ltd is engaged in the planning, editing, translation, and publishing of technical publications, building document systems, information processing work, including building databases and creating e-learning content, creating tools, including 3D-CG animation and electronic catalogs, 3D CAD design, modelling services, and computer software development.
72GF Score

Get the complete analysis for NGO:2169

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

円1,370.00
Price
円1,268.05
GF Value