Vario Secure (TSE:4494) PS Ratio: 1.09 (As of Jul. 20, 2026) — 22% 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:4494 Vario Secure Inc TSE:4494
51 GF Score
Price 円680.00
GF Value 円760.08
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Vario Secure PS Ratio?

Vario Secure TSE:4494 +3.98% 51 PS Ratio is 1.09 as of Jul. 20, 2026, which is 22% below its 10-year median of 1.39. GuruFocus rates TSE:4494 with a GF Score™ of 51/100 and a GF Value™ of 円760.08 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,789 Software companies, Vario Secure ranks better than 67.95% 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, Vario Secure's share price is 円680.00. Vario Secure's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was 円626.20. Hence, Vario Secure's PS Ratio for today is 1.09.

Good Sign:

Vario Secure Inc stock PS Ratio (=1.09) is close to 1-year low of 1.04.

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

TSE:4494' s PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.39   Max: 2.96
Current: 1.09

During the past 9 years, Vario Secure's highest PS Ratio was 2.96. The lowest was 0.95. And the median was 1.39.

TSE:4494's PS Ratio is ranked better than
67.95% of 2789 companies
in the Software industry
Industry Median: 2.01 vs TSE:4494: 1.09

Vario Secure's Revenue per Sharefor the six months ended in Feb. 2026 was 円313.50. Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was 円626.20.

Warning Sign:

Vario Secure 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 Vario Secure was 6.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was -1.50% per year.

During the past 9 years, Vario Secure's highest 3-Year average Revenue per Share Growth Rate was 2.40% per year. The lowest was -3.40% per year. And the median was -1.20% per year.

Back to Basics: PS Ratio


Vario Secure  (TSE:4494) 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.


Vario Secure PS Ratio Related Terms


Vario Secure PS Ratio Historical Data

* Premium members only.

The historical data trend for Vario Secure'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.

Vario Secure PS Ratio Chart

Vario Secure Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
PS Ratio
Get a 7-Day Free Trial Premium Member Only 1.79 1.78 1.16 0.96 1.23

Vario Secure Semi-Annual Data
Feb18 Feb19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 1.16 1.15 0.96 0.00 1.23

TSE:4494 vs MSFT, ORCL, PLTR: PS Ratio Comparison

For the Software - Infrastructure subindustry, Vario Secure'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.


Vario Secure PS Ratio vs Software Industry

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

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


TSE:4494
51GF Score
Vario Secure Inc TSE:4494
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vario Secure 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.

Vario Secure's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=680.00/626.204
=1.09

Vario Secure's Share Price of today is 円680.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vario Secure's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2026 was 円626.20.

* 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 1.09 mean?
Vario Secure (TSE:4494) has a PS Ratio of 1.09 as of Jul. 20, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Vario Secure and its competitors. This is 22% below median its historical median of 1.39. Over the past decade, Vario Secure's PS Ratio has ranged from 0.95 to 2.96. According to the industry distribution chart, Vario Secure ranks #894 out of 2789 companies in the Software industry, placing it in the top 32.1%.
Is Vario Secure's PS Ratio too high?
Vario Secure's current PS Ratio of 1.09 is 22% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 2.96. The Software industry median PS Ratio is 2.01. Vario Secure's value of 1.09 is 45.8% below this industry median. Based on the distribution chart, Vario Secure ranks #894 out of 2789 companies in the Software industry, which is above the industry midpoint. Overall, Vario Secure has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vario Secure's PS Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Vario Secure ranks #894 out of 2789 companies for PS Ratio. This puts Vario Secure in the upper half of its industry. The industry median PS Ratio is 2.01. Vario Secure's value of 1.09 is 45.8% below this benchmark. Historically, Vario Secure's own PS Ratio has ranged from 0.95 to 2.96 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 2.01, Vario Secure 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 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. Vario Secure's current PS Ratio of 1.09 is 45.8% 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 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 Vario Secure 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. Vario Secure's current PS Ratio is 1.09, which is 22% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vario Secure stock overvalued right now?
Based on GuruFocus' analysis, Vario Secure (TSE:4494) is currently considered Modestly Undervalued. The stock's GF Value™ is 円760.08, compared to a current price of 円680.00 — trading 10.5% below its estimated fair value. The current PS Ratio is 1.09, which is 22% below median its 10-year median of 1.39 and 45.8% below the Software industry median of 2.01. Vario Secure's overall GF Score™ is 51/100 with 5 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 Vario Secure (TSE:4494), the current PS Ratio is 1.09 as of Jul. 20, 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 Vario Secure (TSE:4494) Overvalued in 2026?

Based on GuruFocus' analysis, Vario Secure stock appears to be undervalued. The current stock price of 円680.00 is trading 10.5% below its estimated GF Value™ of 円760.08. GuruFocus considers Vario Secure to be Modestly Undervalued.

Key valuation signals for TSE:4494:

  • PS Ratio: 1.09 (22% below median its 10-year median of 1.39)
  • GF Value™: 円760.08 vs. price of 円680.00 (10.5% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 45.8% below the Software median (#894 of 2789)

No single metric tells the full story. See the TSE:4494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vario Secure Business Description

Address 1-6 Kanda Nishikicho, Chiyoda-ku, Tokyo, JPN, 101-0054
Vario Secure Inc is engaged in providing internet security services that protect the network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and operating system. The company provides one-stop security services, from installation and implementation to operation, monitoring, and support, for small and medium-sized enterprises that struggle to spare dedicated personnel for IT issues, which are becoming increasingly sophisticated and complicated daily. The Company operates in a single segment, the Internet security services business.
51GF Score

Get the complete analysis for TSE:4494

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

円680.00
Price
円760.08
GF Value