Horai Co (TSE:9679) PS Ratio: 1.49 (As of Jul. 23, 2026) — 75% Above Median

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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:9679 Horai Co Ltd TSE:9679
75 GF Score
Price 円2,330.00
GF Value 円1,966.64
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Horai Co PS Ratio?

Horai Co TSE:9679 +0.39% 75 PS Ratio is 1.49 as of Jul. 23, 2026, which is 75% above its 10-year median of 0.85. GuruFocus rates TSE:9679 with a GF Score™ of 75/100 and a GF Value™ of 円1,966.64 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 500 Insurance companies, Horai Co ranks worse than 63.6% 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, Horai Co's share price is 円2330.00. Horai Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,559.86. Hence, Horai Co's PS Ratio for today is 1.49.

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

TSE:9679' s PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.85   Max: 2.88
Current: 1.5

During the past 13 years, Horai Co's highest PS Ratio was 2.88. The lowest was 0.53. And the median was 0.85.

TSE:9679's PS Ratio is ranked worse than
63.6% of 500 companies
in the Insurance industry
Industry Median: 1.15 vs TSE:9679: 1.50

Horai Co's Revenue per Sharefor the three months ended in Mar. 2026 was 円340.28. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,559.86.

During the past 12 months, the average Revenue per Share Growth Rate of Horai Co was 56.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 0.50% per year.

During the past 13 years, Horai Co's highest 3-Year average Revenue per Share Growth Rate was 7.40% per year. The lowest was -5.00% per year. And the median was 0.50% per year.

Back to Basics: PS Ratio


Horai Co  (TSE:9679) 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.


Horai Co PS Ratio Related Terms


Horai Co PS Ratio Historical Data

* Premium members only.

The historical data trend for Horai Co'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.

Horai Co PS Ratio Chart

Horai Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.85 0.89 1.25 1.36

Horai Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 2.31 2.24 1.36 1.57 1.31

TSE:9679 vs BRK.A, AIG, HIG: PS Ratio Comparison

For the Insurance - Diversified subindustry, Horai 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.


Horai Co PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Horai Co's PS Ratio distribution charts can be found below:

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


TSE:9679
75GF Score
Horai Co Ltd TSE:9679
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Horai Co 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.

Horai Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=2330.00/1559.856
=1.49

Horai Co's Share Price of today is 円2330.00.
Horai Co'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1,559.86.

* 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 1.49 mean?
Horai Co (TSE:9679) has a PS Ratio of 1.49 as of Jul. 23, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Horai Co and its competitors. This is 75% above median its historical median of 0.85. Over the past decade, Horai Co's PS Ratio has ranged from 0.53 to 2.88. According to the industry distribution chart, Horai Co ranks #318 out of 500 companies in the Insurance industry, placing it in the top 63.6%.
Is Horai Co's PS Ratio too high?
Horai Co's current PS Ratio of 1.49 is 75% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 2.88. The Insurance industry median PS Ratio is 1.15. Horai Co's value of 1.49 is 29.6% above this industry median. Based on the distribution chart, Horai Co ranks #318 out of 500 companies in the Insurance industry, which is below the industry midpoint. Overall, Horai Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horai Co's PS Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Horai Co ranks #318 out of 500 companies for PS Ratio. This places Horai Co in the lower half of its industry. The industry median PS Ratio is 1.15. Horai Co's value of 1.49 is 29.6% above this benchmark. Historically, Horai Co's own PS Ratio has ranged from 0.53 to 2.88 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.15, Horai 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 an Insurance company?
The median PS Ratio among Insurance companies is 1.15, based on 500 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. Horai Co's current PS Ratio of 1.49 is 29.6% 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 Horai Co and its competitors. For the Insurance industry, the median PS Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horai Co's current PS Ratio is 1.49, which is 75% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horai Co stock overvalued right now?
Based on GuruFocus' analysis, Horai Co (TSE:9679) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,966.64, compared to a current price of 円2,330.00 — trading 18.5% above its estimated fair value. The current PS Ratio is 1.49, which is 75% above median its 10-year median of 0.85 and 29.6% above the Insurance industry median of 1.15. Horai Co's overall GF Score™ is 75/100 with 4 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 Horai Co (TSE:9679), the current PS Ratio is 1.49 as of Jul. 23, 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 Horai Co (TSE:9679) Overvalued in 2026?

Based on GuruFocus' analysis, Horai Co stock appears to be overvalued. The current stock price of 円2,330.00 is trading 18.5% above its estimated GF Value™ of 円1,966.64. GuruFocus considers Horai Co to be Modestly Overvalued.

Key valuation signals for TSE:9679:

  • PS Ratio: 1.49 (75% above median its 10-year median of 0.85)
  • GF Value™: 円1,966.64 vs. price of 円2,330.00 (18.5% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 29.6% above the Insurance median (#318 of 500)

No single metric tells the full story. See the TSE:9679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Horai Co Business Description

Address 1-8-12, Nihonbashi-Horidome-cho, Chuo-ku, Tokyo, JPN, 103-0012
Horai Co Ltd is engaged in the insurance agency business, rental property operation and management, real estate buying and selling and brokerage, feed production, dairy cow breeding, production and sales of milk and dairy products, operation of restaurants and tourist facilities, and operation of golf courses. The company is mainly engaged in Insurance business.
75GF Score

Get the complete analysis for TSE:9679

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

円2,330.00
Price
円1,966.64
GF Value