Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Step CoTSE:9795 +0.45%74 PS Ratio is 2.20 as of Jul. 22, 2026, which is 4% below its 10-year median of 2.28. GuruFocus rates TSE:9795 with a GF Score™ of 74/100 and a GF Value™ of 円2,368.34 (Fairly Valued). Among 256 Education companies, Step Co ranks worse than 65.63% 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, Step Co's share price is 円2245.00.
Step Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,021.92. Hence, Step Co's PS Ratio for today is 2.20.
Good Sign:
Step Co Ltd stock PS Ratio (=2.21) is close to 2-year low of 2.11.
The historical rank and industry rank for Step Co's PS Ratio or its related term are showing as below:
TSE:9795'
s PS Ratio Range Over the Past 10 Years
Min: 1.77 Med: 2.28 Max: 3.03
Current: 2.2
During the past 13 years, Step Co's highest PS Ratio was 3.03. The lowest was 1.77. And the median was 2.28.
TSE:9795's PS Ratio is ranked worse than 65.63% of 256
companies
in the Education industry
Industry Median: 1.205
vs TSE:9795: 2.20
Step Co's Revenue per Sharefor the
six
months ended in Mar. 2026 was 円534.47.
Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,021.92.
During the past 12 months, the average Revenue per Share Growth Rate of Step Co was 4.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.70% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 7.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 5.60% per year.
During the past 13 years, Step Co's highest 3-Year average Revenue per Share Growth Rate was 9.70% per year. The lowest was 1.00% per year. And the median was 4.90% per year.
Back to Basics: PS Ratio
Step Co (TSE:9795) 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.
Step Co PS Ratio Related Terms
Step Co PS Ratio Historical Data
* Premium members only.
The historical data trend for Step 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.
For the Education & Training Services subindustry, Step 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.
Step Co PS Ratio vs Education Industry
For the Education industry and Consumer Defensive sector, Step Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Step 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.
Step Co's Share Price of today is 円2245.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Step Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was 円1,021.92.
* 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:
Step Co (TSE:9795) has a PS Ratio of 2.20 as of Jul. 22, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Step Co and its competitors. This is near median its historical median of 2.28. Over the past decade, Step Co's PS Ratio has ranged from 1.77 to 3.03. According to the industry distribution chart, Step Co ranks #168 out of 256 companies in the Education industry, placing it in the top 65.6%.
Is Step Co's PS Ratio too high?
Step Co's current PS Ratio of 2.20 is near median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 3.03. The Education industry median PS Ratio is 1.21. Step Co's value of 2.20 is 82.6% above this industry median. Based on the distribution chart, Step Co ranks #168 out of 256 companies in the Education industry, which is below the industry midpoint. Overall, Step Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Step Co's PS Ratio compare to EDU and TAL?
According to the Education industry distribution chart, Step Co ranks #168 out of 256 companies for PS Ratio. This places Step Co in the lower half of its industry. The industry median PS Ratio is 1.21. Step Co's value of 2.20 is 82.6% above this benchmark. Historically, Step Co's own PS Ratio has ranged from 1.77 to 3.03 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.21, Step 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 Education company?
The median PS Ratio among Education companies is 1.21, based on 256 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. Step Co's current PS Ratio of 2.20 is 82.6% 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 Step Co and its competitors. For the Education industry, the median PS Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Step Co's current PS Ratio is 2.20, which is near median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Step Co stock overvalued right now?
Based on GuruFocus' analysis, Step Co (TSE:9795) is currently considered Fairly Valued. The stock's GF Value™ is 円2,368.34, compared to a current price of 円2,245.00 — trading 5.2% below its estimated fair value. The current PS Ratio is 2.20, which is near median its 10-year median of 2.28 and 82.6% above the Education industry median of 1.21. Step Co's overall GF Score™ is 74/100. 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 Step Co (TSE:9795), the current PS Ratio is 2.20 as of Jul. 22, 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 Step Co (TSE:9795) Overvalued in 2026?
Based on GuruFocus' analysis, Step Co stock appears to be undervalued.
The current stock price of 円2,245.00 is trading 5.2% below its estimated GF Value™ of 円2,368.34.
GuruFocus considers Step Co to be Fairly Valued.
Key valuation signals for TSE:9795:
PS Ratio: 2.20 (near median its 10-year median of 2.28)
GF Value™: 円2,368.34 vs. price of 円2,245.00 (5.2% below fair value)
Industry Position: 82.6% above the Education median (#168 of 256)
No single metric tells the full story. See the TSE:9795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Step Co Ltd is a Japan-based company engaged in the operation of private preparatory schools. The company operates cram schools and after-school care facilities, and produces and edits educational materials, as well as prints and binds books. The company is engaged in providing high school entrance exam preparation courses, Teaching Materials Research Division produces manuscripts and original plates for teaching materials, academic programs, physical education, and shogi (Japanese chess), and other activities.
74GF Score
Get the complete analysis for TSE:9795
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:9795 has been successfully added to your 
