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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, Applied Technology Co's share price is 円1640.00.
Applied Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was 円613.98. Hence, Applied Technology Co's PS Ratio for today is 2.67.
Good Sign:
Applied Technology Co Ltd stock PS Ratio (=1.26) is close to 1-year low of 1.26.
The historical rank and industry rank for Applied Technology Co's PS Ratio or its related term are showing as below:
TSE:4356'
s PS Ratio Range Over the Past 10 Years
Min: 0.52 Med: 1.47 Max: 3.16
Current: 2.67
During the past 13 years, Applied Technology Co's highest PS Ratio was 3.16. The lowest was 0.52. And the median was 1.47.
TSE:4356's PS Ratio is ranked worse than 58.12% of 2784
companies
in the Software industry
Industry Median: 2.035
vs TSE:4356: 2.67
Applied Technology Co Ltd revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Applied Technology Co was -4.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 1.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 13.40% per year.
During the past 13 years, Applied Technology Co's highest 3-Year average Revenue per Share Growth Rate was 24.20% per year. The lowest was -21.60% per year. And the median was 8.10% per year.
Back to Basics: PS Ratio
Applied Technology Co (TSE:4356) 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.
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.
* 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.
For the Information Technology Services subindustry, Applied Technology 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.
Applied Technology Co PS Ratio vs Software Industry
For the Software industry and Technology sector, Applied Technology Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Applied Technology Co's PS Ratio falls into.
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.
Applied Technology Co's Share Price of today is 円1640.00. Applied Technology 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613.98.
* 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:
Applied Technology Co (TSE:4356) has a PS Ratio of 2.67 as of Jul. 17, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Applied Technology Co and its competitors. This is 82% above median its historical median of 1.47. Over the past decade, Applied Technology Co's PS Ratio has ranged from 0.52 to 3.16. According to the industry distribution chart, Applied Technology Co ranks #1618 out of 2784 companies in the Software industry, placing it in the top 58.1%.
Is Applied Technology Co's PS Ratio too high?
Applied Technology Co's current PS Ratio of 2.67 is 82% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 3.16. The Software industry median PS Ratio is 2.04. Applied Technology Co's value of 2.67 is 31.2% above this industry median. Based on the distribution chart, Applied Technology Co ranks #1618 out of 2784 companies in the Software industry, which is below the industry midpoint. Overall, Applied Technology Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Applied Technology Co's PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Applied Technology Co ranks #1618 out of 2784 companies for PS Ratio. This places Applied Technology Co in the lower half of its industry. The industry median PS Ratio is 2.04. Applied Technology Co's value of 2.67 is 31.2% above this benchmark. Historically, Applied Technology Co's own PS Ratio has ranged from 0.52 to 3.16 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 2.04, Applied Technology 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 2,784 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. Applied Technology Co's current PS Ratio of 2.67 is 31.2% 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 Applied Technology 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. Applied Technology Co's current PS Ratio is 2.67, which is 82% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Applied Technology Co (TSE:4356) is currently considered Fairly Valued. The stock's GF Value™ is 円1,598.96, compared to a current price of 円1,640.00 — trading 2.6% above its estimated fair value. The current PS Ratio is 2.67, which is 82% above median its 10-year median of 1.47 and 31.2% above the Software industry median of 2.04. Applied Technology Co's overall GF Score™ is 82/100 with 2 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 Applied Technology Co (TSE:4356), the current PS Ratio is 2.67 as of Jul. 17, 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 Applied Technology Co (TSE:4356) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Technology Co stock appears to be overvalued.
The current stock price of 円1,640.00 is trading 2.6% above its estimated GF Value™ of 円1,598.96.
GuruFocus considers Applied Technology Co to be Fairly Valued.
Key valuation signals for TSE:4356:
PS Ratio: 2.67 (82% above median its 10-year median of 1.47)
GF Value™: 円1,598.96 vs. price of 円1,640.00 (2.6% above fair value)
Industry Position: 31.2% above the Software median (#1618 of 2784)
No single metric tells the full story. See the TSE:4356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Technology Co Ltd is engaged in the development of various automatic design system based on CAD, development of structural analysis, disaster prevention, environmental evaluation simulation, and providing GIS and asset management solutions.
82GF Score
Get the complete analysis for TSE:4356
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