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TBS HoldingsTSE:9401 -1.31%82 PS Ratio is 2.32 as of Jul. 18, 2026, which is 130% above its 10-year median of 1.01. GuruFocus rates TSE:9401 with a GF Score™ of 82/100 and a GF Value™ of 円4,695.53 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,002 Media - Diversified companies, TBS Holdings ranks worse than 73.35% 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, TBS Holdings's share price is 円6229.00.
TBS Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円2,682.30. Hence, TBS Holdings's PS Ratio for today is 2.32.
Warning Sign:
TBS Holdings Inc stock PS Ratio (=2.31) is close to 10-year high of 2.39.
The historical rank and industry rank for TBS Holdings's PS Ratio or its related term are showing as below:
TSE:9401'
s PS Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.01 Max: 2.39
Current: 2.32
During the past 13 years, TBS Holdings's highest PS Ratio was 2.39. The lowest was 0.63. And the median was 1.01.
TSE:9401's PS Ratio is ranked worse than 73.35% of 1002
companies
in the Media - Diversified industry
Industry Median: 1.1
vs TSE:9401: 2.32
During the past 12 months, the average Revenue per Share Growth Rate of TBS Holdings was 6.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 7.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 2.70% per year.
During the past 13 years, TBS Holdings's highest 3-Year average Revenue per Share Growth Rate was 8.00% per year. The lowest was -4.80% per year. And the median was 2.20% per year.
Back to Basics: PS Ratio
TBS Holdings (TSE:9401) 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.
TBS Holdings PS Ratio Related Terms
TBS Holdings PS Ratio Historical Data
* Premium members only.
The historical data trend for TBS Holdings'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.
For the Broadcasting subindustry, TBS Holdings'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.
TBS Holdings PS Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, TBS Holdings's PS Ratio distribution charts can be found below:
* The bar in red indicates where TBS Holdings'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.
TBS Holdings's PS Ratio for today is calculated as
TBS Holdings's Share Price of today is 円6229.00. TBS Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,682.30.
* 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:
TBS Holdings (TSE:9401) has a PS Ratio of 2.32 as of Jul. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on TBS Holdings and its competitors. This is 130% above median its historical median of 1.01. Over the past decade, TBS Holdings' PS Ratio has ranged from 0.63 to 2.39. According to the industry distribution chart, TBS Holdings ranks #735 out of 1002 companies in the Media - Diversified industry, placing it in the top 73.4%.
Is TBS Holdings' PS Ratio too high?
TBS Holdings' current PS Ratio of 2.32 is 130% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.39. The Media - Diversified industry median PS Ratio is 1.10. TBS Holdings' value of 2.32 is 110.9% above this industry median. Based on the distribution chart, TBS Holdings ranks #735 out of 1002 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, TBS Holdings has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBS Holdings' PS Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, TBS Holdings ranks #735 out of 1002 companies for PS Ratio. This places TBS Holdings in the lower half of its industry. The industry median PS Ratio is 1.10. TBS Holdings' value of 2.32 is 110.9% above this benchmark. Historically, TBS Holdings' own PS Ratio has ranged from 0.63 to 2.39 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.10, TBS Holdings 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 Media - Diversified company?
The median PS Ratio among Media - Diversified companies is 1.10, based on 1,002 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. TBS Holdings's current PS Ratio of 2.32 is 110.9% 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 TBS Holdings and its competitors. For the Media - Diversified industry, the median PS Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBS Holdings's current PS Ratio is 2.32, which is 130% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBS Holdings stock overvalued right now?
Based on GuruFocus' analysis, TBS Holdings (TSE:9401) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,695.53, compared to a current price of 円6,229.00 — trading 32.7% above its estimated fair value. The current PS Ratio is 2.32, which is 130% above median its 10-year median of 1.01 and 110.9% above the Media - Diversified industry median of 1.10. TBS Holdings' overall GF Score™ is 82/100 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 TBS Holdings (TSE:9401), the current PS Ratio is 2.32 as of Jul. 18, 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 TBS Holdings (TSE:9401) Overvalued in 2026?
Based on GuruFocus' analysis, TBS Holdings stock appears to be overvalued.
The current stock price of 円6,229.00 is trading 32.7% above its estimated GF Value™ of 円4,695.53.
GuruFocus considers TBS Holdings to be Significantly Overvalued.
Key valuation signals for TSE:9401:
PS Ratio: 2.32 (130% above median its 10-year median of 1.01)
GF Value™: 円4,695.53 vs. price of 円6,229.00 (32.7% above fair value)
Industry Position: 110.9% above the Media - Diversified median (#735 of 1002)
No single metric tells the full story. See the TSE:9401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TBS Holdings Inc is a Japanese media and broadcasting holding company that operates television businesses through its subsidiaries. The company operates through three reportable segments: Media & Content Business, Lifestyle Business, and Real Estate & Other Business. The Media & Content Business includes television and radio broadcasting, event planning, video software production, and distribution. The Lifestyle Business handles general merchandise retail, beauty and wellness services, private tutoring, and early childhood education. The Real Estate & Other Business segment involves land and building rentals. It generates the majority of its revenue from the Media & content business segment.
82GF Score
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