User Local (TSE:3984) PS Ratio: 6.66 (As of Jul. 19, 2026) — 52% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:3984 User Local Inc TSE:3984
97 GF Score
Price 円1,797.00
GF Value 円2,118.85
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is User Local PS Ratio?

User Local TSE:3984 -1.75% 97 PS Ratio is 6.66 as of Jul. 19, 2026, which is 52% below its 10-year median of 13.94. GuruFocus rates TSE:3984 with a GF Score™ of 97/100 and a GF Value™ of 円2,118.85 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,789 Software companies, User Local ranks worse than 81.64% 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, User Local's share price is 円1797.00. User Local's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was 円269.79. Hence, User Local's PS Ratio for today is 6.66.

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

TSE:3984' s PS Ratio Range Over the Past 10 Years
Min: 6.32   Med: 13.94   Max: 180.83
Current: 6.66

During the past 11 years, User Local's highest PS Ratio was 180.83. The lowest was 6.32. And the median was 13.94.

TSE:3984's PS Ratio is ranked worse than
81.64% of 2789 companies
in the Software industry
Industry Median: 2.01 vs TSE:3984: 6.66

User Local'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269.79.

Good Sign:

User Local Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of User Local was 22.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 19.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 22.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 21.50% per year.

During the past 11 years, User Local's highest 3-Year average Revenue per Share Growth Rate was 25.50% per year. The lowest was 12.70% per year. And the median was 22.70% per year.

Back to Basics: PS Ratio


User Local  (TSE:3984) 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.


User Local PS Ratio Related Terms


User Local PS Ratio Historical Data

* Premium members only.

The historical data trend for User Local'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.

User Local PS Ratio Chart

User Local Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.71 9.44 12.58 8.21 6.67

User Local 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 15.69 6.67 8.81 8.54 0.00

TSE:3984 vs IBM, ACN, FISV: PS Ratio Comparison

For the Information Technology Services subindustry, User Local'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.


User Local PS Ratio vs Software Industry

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

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


TSE:3984
97GF Score
User Local Inc TSE:3984
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

User Local 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.

User Local's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1797.00/269.789
=6.66

User Local's Share Price of today is 円1797.00.
User Local'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269.79.

* 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 6.66 mean?
User Local (TSE:3984) has a PS Ratio of 6.66 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 User Local and its competitors. This is 52% below median its historical median of 13.94. Over the past decade, User Local's PS Ratio has ranged from 6.32 to 180.83. According to the industry distribution chart, User Local ranks #2277 out of 2789 companies in the Software industry, placing it in the top 81.6%.
Is User Local's PS Ratio too high?
User Local's current PS Ratio of 6.66 is 52% below median its 10-year median of 13.94. Over the past 10 years, this metric has ranged from a low of 6.32 to a high of 180.83. The Software industry median PS Ratio is 2.01. User Local's value of 6.66 is 231.3% above this industry median. Based on the distribution chart, User Local ranks #2277 out of 2789 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, User Local has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does User Local's PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, User Local ranks #2277 out of 2789 companies for PS Ratio. This places User Local in the lower half of its industry. The industry median PS Ratio is 2.01. User Local's value of 6.66 is 231.3% above this benchmark. Historically, User Local's own PS Ratio has ranged from 6.32 to 180.83 over the past decade. While the company's 10-year median is 13.94 vs. the industry median of 2.01, User Local 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 2.01, based on 2,789 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. User Local's current PS Ratio of 6.66 is 231.3% 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 User Local and its competitors. For the Software industry, the median PS Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. User Local's current PS Ratio is 6.66, which is 52% below median its own 10-year median of 13.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is User Local stock overvalued right now?
Based on GuruFocus' analysis, User Local (TSE:3984) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,118.85, compared to a current price of 円1,797.00 — trading 15.2% below its estimated fair value. The current PS Ratio is 6.66, which is 52% below median its 10-year median of 13.94 and 231.3% above the Software industry median of 2.01. User Local's overall GF Score™ is 97/100 with 1 warning sign 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 User Local (TSE:3984), the current PS Ratio is 6.66 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 User Local (TSE:3984) Overvalued in 2026?

Based on GuruFocus' analysis, User Local stock appears to be undervalued. The current stock price of 円1,797.00 is trading 15.2% below its estimated GF Value™ of 円2,118.85. GuruFocus considers User Local to be Modestly Undervalued.

Key valuation signals for TSE:3984:

  • PS Ratio: 6.66 (52% below median its 10-year median of 13.94)
  • GF Value™: 円2,118.85 vs. price of 円1,797.00 (15.2% below fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 231.3% above the Software median (#2277 of 2789)

No single metric tells the full story. See the TSE:3984 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


User Local Business Description

Address 5-20-6 Shiba, Minato-ku, Tokyo, JPN, 108-0014
User Local Inc is engaged in the research and development of big data analysis system, web marketing support tool, offering media analysis tool, and managing artificial intelligence chat bot.
97GF Score

Get the complete analysis for TSE:3984

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

円1,797.00
Price
円2,118.85
GF Value