Hodl1 (TSE:2345) PS Ratio: 31.68 (As of Jul. 16, 2026) — 922% 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.

TSE:2345 Hodl1 Inc TSE:2345
34 GF Score
Price 円102.00
GF Value 円11.94
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Hodl1 PS Ratio?

Hodl1 TSE:2345 -7.27% 34 PS Ratio is 31.68 as of Jul. 16, 2026, which is 922% above its 10-year median of 3.10. GuruFocus rates TSE:2345 with a GF Score™ of 34/100 and a GF Value™ of 円11.94 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,784 Software companies, Hodl1 ranks worse than 95.37% 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, Hodl1's share price is 円102.00. Hodl1's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was 円3.22. Hence, Hodl1's PS Ratio for today is 31.68.

The historical rank and industry rank for Hodl1's PS Ratio or its related term are showing as below:

TSE:2345' s PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 3.1   Max: 172.9
Current: 31.68

During the past 13 years, Hodl1's highest PS Ratio was 172.90. The lowest was 0.75. And the median was 3.10.

TSE:2345's PS Ratio is ranked worse than
95.37% of 2784 companies
in the Software industry
Industry Median: 2.035 vs TSE:2345: 31.68

Hodl1's Revenue per Sharefor the six months ended in Apr. 2026 was 円2.56. Its Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was 円3.22.

Warning Sign:

Hodl1 Inc revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Hodl1 was -94.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -77.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was -59.80% per year.

During the past 13 years, Hodl1's highest 3-Year average Revenue per Share Growth Rate was 24.50% per year. The lowest was -77.20% per year. And the median was -15.10% per year.

Back to Basics: PS Ratio


Hodl1  (TSE:2345) 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.


Hodl1 PS Ratio Related Terms


Hodl1 PS Ratio Historical Data

* Premium members only.

The historical data trend for Hodl1'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.

Hodl1 PS Ratio Chart

Hodl1 Annual Data
Trend Mar16 Dec17 Dec18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 4.37 6.48 3.64 166.22

Hodl1 Semi-Annual Data
Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 3.30 3.64 0.00 166.22 0.00

TSE:2345 vs UBER, SHOP, CRM: PS Ratio Comparison

For the Software - Application subindustry, Hodl1'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.


Hodl1 PS Ratio vs Software Industry

For the Software industry and Technology sector, Hodl1's PS Ratio distribution charts can be found below:

* The bar in red indicates where Hodl1's PS Ratio falls into.


TSE:2345
34GF Score
Hodl1 Inc TSE:2345
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hodl1 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.

Hodl1's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=102.00/3.22
=31.68

Hodl1's Share Price of today is 円102.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hodl1's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was 円3.22.

* 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 31.68 mean?
Hodl1 (TSE:2345) has a PS Ratio of 31.68 as of Jul. 16, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hodl1 and its competitors. This is 922% above median its historical median of 3.10. Over the past decade, Hodl1's PS Ratio has ranged from 0.75 to 172.90. According to the industry distribution chart, Hodl1 ranks #2655 out of 2784 companies in the Software industry, placing it in the top 95.4%.
Is Hodl1's PS Ratio too high?
Hodl1's current PS Ratio of 31.68 is 922% above median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 172.90. The Software industry median PS Ratio is 2.04. Hodl1's value of 31.68 is 1456.8% above this industry median. Based on the distribution chart, Hodl1 ranks #2655 out of 2784 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Hodl1 has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hodl1's PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Hodl1 ranks #2655 out of 2784 companies for PS Ratio. This places Hodl1 in the lower half of its industry. The industry median PS Ratio is 2.04. Hodl1's value of 31.68 is 1456.8% above this benchmark. Historically, Hodl1's own PS Ratio has ranged from 0.75 to 172.90 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 2.04, Hodl1 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 2,784 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. Hodl1's current PS Ratio of 31.68 is 1456.8% 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 Hodl1 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. Hodl1's current PS Ratio is 31.68, which is 922% above median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hodl1 stock overvalued right now?
Based on GuruFocus' analysis, Hodl1 (TSE:2345) is currently considered Significantly Overvalued. The stock's GF Value™ is 円11.94, compared to a current price of 円102.00 — trading 754.3% above its estimated fair value. The current PS Ratio is 31.68, which is 922% above median its 10-year median of 3.10 and 1456.8% above the Software industry median of 2.04. Hodl1's overall GF Score™ is 34/100 with 7 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 Hodl1 (TSE:2345), the current PS Ratio is 31.68 as of Jul. 16, 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 Hodl1 (TSE:2345) Overvalued in 2026?

Based on GuruFocus' analysis, Hodl1 stock appears to be overvalued. The current stock price of 円102.00 is trading 754.3% above its estimated GF Value™ of 円11.94. GuruFocus considers Hodl1 to be Significantly Overvalued.

Key valuation signals for TSE:2345:

  • PS Ratio: 31.68 (922% above median its 10-year median of 3.10)
  • GF Value™: 円11.94 vs. price of 円102.00 (754.3% above fair value)
  • GF Score™: 34/100 with 7 warning signs
  • Industry Position: 1456.8% above the Software median (#2655 of 2784)

No single metric tells the full story. See the TSE:2345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hodl1 Business Description

Address 2-12-1 Minamiaoyama, Miyakoya Building, Minato-ku, Tokyo, JPN, 107-0062
Hodl1 Inc, formerly Kushim Inc is engaged in the development and sales of LMS (learning management system) and e-learning content. It is developing collaboration for blockchain technology.
34GF Score

Get the complete analysis for TSE:2345

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

円102.00
Price
円11.94
GF Value