AHHLF (Are Holdings) Cyclically Adjusted PS Ratio: 0.84 (As of Aug. 20, 2026) — Near Median

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AHHLF Are Holdings Inc AHHLF
89 GF Score
Price $23.55
GF Value $24.06
! 7 Warning Signs
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What is Are Holdings Cyclically Adjusted PS Ratio?

Are Holdings AHHLF -6.35% 89 Cyclically Adjusted PS Ratio is 0.84 as of Aug. 20, 2026, which is 8% below its 10-year median of 0.91. GuruFocus rates AHHLF with a GF Score™ of 89/100 and a GF Value™ of $24.06. The stock has 7 warning signs investors should review. Among 155 Waste Management companies, Are Holdings ranks better than 60.65% on this metric.

As of today (2026-08-20), Are Holdings's current share price is $23.545. Are Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $27.87. Are Holdings's Cyclically Adjusted PS Ratio for today is 0.84.

The historical rank and industry rank for Are Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

AHHLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.91   Max: 1.47
Current: 1.05

During the past years, Are Holdings's highest Cyclically Adjusted PS Ratio was 1.47. The lowest was 0.56. And the median was 0.91.

AHHLF's Cyclically Adjusted PS Ratio is ranked better than
60.65% of 155 companies
in the Waste Management industry
Industry Median: 1.38 vs AHHLF: 1.05

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Are Holdings's adjusted revenue per share data for the three months ended in Jun. 2026 was $14.207. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $27.87 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Are Holdings  (OTCPK:AHHLF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Are Holdings Cyclically Adjusted PS Ratio Related Terms


Are Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Are Holdings's Cyclically Adjusted 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.

Are Holdings Cyclically Adjusted PS Ratio Chart

Are Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.02 0.86 0.72 1.03

Are Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted 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 0.63 0.73 1.03 1.03 0.84

AHHLF vs WM, RSG, WCN: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, Are Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Are Holdings Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Are Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Are Holdings's Cyclically Adjusted PS Ratio falls into.


AHHLF
89GF Score
Are Holdings Inc AHHLF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Are Holdings Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Are Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.545/27.87
=0.84

* 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.

Are Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Are Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.207/113.6000*113.6000
=14.207

Current CPI (Jun. 2026) = 113.6000.

Are Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.600 98.000 4.173
201612 3.538 98.400 4.085
201703 3.854 98.100 4.463
201706 4.491 98.500 5.179
201709 3.463 98.800 3.982
201712 3.945 99.400 4.509
201803 3.263 99.200 3.737
201806 3.651 99.200 4.181
201809 3.212 99.900 3.652
201812 2.939 99.700 3.349
201903 3.610 99.700 4.113
201906 3.545 99.800 4.035
201909 3.619 100.100 4.107
201912 4.425 100.500 5.002
202003 4.229 100.300 4.790
202006 4.600 99.900 5.231
202009 4.772 99.900 5.426
202012 4.974 99.300 5.690
202103 5.084 99.900 5.781
202106 5.157 99.500 5.888
202109 4.768 100.100 5.411
202112 4.823 100.100 5.473
202203 4.600 101.100 5.169
202206 5.056 101.800 5.642
202209 5.830 103.100 6.424
202212 6.291 104.100 6.865
202303 5.934 104.400 6.457
202306 5.451 105.200 5.886
202309 6.689 106.200 7.155
202312 6.697 106.800 7.123
202403 6.735 107.200 7.137
202406 6.948 108.200 7.295
202409 12.025 108.900 12.544
202412 10.219 110.700 10.487
202503 10.610 111.100 10.849
202506 12.411 111.700 12.622
202509 7.938 112.000 8.051
202512 11.028 113.000 11.087
202603 13.722 112.700 13.832
202606 14.207 113.600 14.207

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 0.84 mean?
Are Holdings (AHHLF) has a Cyclically Adjusted PS Ratio of 0.84 as of Aug. 20, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Are Holdings and its competitors. This is near median its historical median of 0.91. Over the past decade, Are Holdings' Cyclically Adjusted PS Ratio has ranged from 0.56 to 1.47. According to the industry distribution chart, Are Holdings ranks #61 out of 155 companies in the Waste Management industry, placing it in the top 39.4%.
Is Are Holdings' Cyclically Adjusted PS Ratio too high?
Are Holdings' current Cyclically Adjusted PS Ratio of 0.84 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.47. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.38. Are Holdings' value of 0.84 is 39.1% below this industry median. Based on the distribution chart, Are Holdings ranks #61 out of 155 companies in the Waste Management industry, which is above the industry midpoint. Overall, Are Holdings has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Are Holdings' Cyclically Adjusted PS Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Are Holdings ranks #61 out of 155 companies for Cyclically Adjusted PS Ratio. This puts Are Holdings in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.38. Are Holdings' value of 0.84 is 39.1% below this benchmark. Historically, Are Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.56 to 1.47 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.38, Are Holdings 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 Cyclically Adjusted PS Ratio for a Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.38, based on 155 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Are Holdings's current Cyclically Adjusted PS Ratio of 0.84 is 39.1% 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Are Holdings and its competitors. For the Waste Management industry, the median Cyclically Adjusted PS Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Are Holdings's current Cyclically Adjusted PS Ratio is 0.84, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Are Holdings stock overvalued right now?
Are Holdings (AHHLF) has a current Cyclically Adjusted PS Ratio of 0.84. The stock's GF Value™ is $24.06, compared to a current price of $23.55 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.84, which is near median its 10-year median of 0.91 and 39.1% below the Waste Management industry median of 1.38. Are Holdings' overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Are Holdings (AHHLF), the current Cyclically Adjusted PS Ratio is 0.84 as of Aug. 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 Are Holdings (AHHLF) Overvalued in 2026?

Based on GuruFocus' analysis, Are Holdings stock appears to be undervalued. The current stock price of $23.55 is trading 2.1% below its estimated GF Value™ of $24.06.

Key valuation signals for AHHLF:

  • Cyclically Adjusted PS Ratio: 0.84 (near median its 10-year median of 0.91)
  • GF Value™: $24.06 vs. price of $23.55 (2.1% below fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 39.1% below the Waste Management median (#61 of 155)

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


Are Holdings Business Description

Other Exchanges 5857:JapanA19:Germany
Address Nissay Sannomiya Bldg., 4-4-17, Kano-cho, Chuo-ku, Kobe, JPN, 650-0001
Are Holdings Inc formerly Asahi Holdings Inc is operative in the Japanese waste management industry. The company's principal interest lies in the precious metals recycling activities. This segment deals with the recycling and sale of precious metals and rare metals, including gold, silver, palladium, platinum, and indium, which are refined from precious metal-containing scraps inclusive of electronic materials, dental materials, jewelry manufacture and automobile catalysts. Asahi's secondary line of business is responsible for the collection, transportation and intermediate treatment of industrial wastes, such as waste acids, waste alkalis, waste oil, sludge, waste drugs and infectious medical wastes.
89GF Score

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

$23.55
Price
$24.06
GF Value