AHKSY (Asahi Kasei) Cyclically Adjusted PS Ratio: 0.92 (As of Jul. 22, 2026) — 24% Above Median

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AHKSY Asahi Kasei Corp AHKSY
75 GF Score
Price $22.79
GF Value $15.34
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Asahi Kasei Cyclically Adjusted PS Ratio?

Asahi Kasei AHKSY -2.10% 75 Cyclically Adjusted PS Ratio is 0.92 as of Jul. 22, 2026, which is 24% above its 10-year median of 0.74. GuruFocus rates AHKSY with a GF Score™ of 75/100 and a GF Value™ of $15.34 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 471 Conglomerates companies, Asahi Kasei ranks worse than 55.41% on this metric.

As of today (2026-07-22), Asahi Kasei's current share price is $22.79. Asahi Kasei's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $24.83. Asahi Kasei's Cyclically Adjusted PS Ratio for today is 0.92.

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

AHKSY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.74   Max: 1.33
Current: 0.95

During the past years, Asahi Kasei's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.45. And the median was 0.74.

AHKSY's Cyclically Adjusted PS Ratio is ranked worse than
55.41% of 471 companies
in the Conglomerates industry
Industry Median: 0.75 vs AHKSY: 0.95

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.

Asahi Kasei's adjusted revenue per share data for the three months ended in Mar. 2026 was $7.550. 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 $24.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Kasei  (OTCPK:AHKSY) 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.


Asahi Kasei Cyclically Adjusted PS Ratio Related Terms


Asahi Kasei Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asahi Kasei'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.

Asahi Kasei Cyclically Adjusted PS Ratio Chart

Asahi Kasei 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 0.71 0.57 0.65 0.57 0.79

Asahi Kasei Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.57 0.55 0.62 0.73 0.79

AHKSY vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Asahi Kasei'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.


Asahi Kasei Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Asahi Kasei's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


AHKSY
75GF Score
Asahi Kasei Corp AHKSY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi Kasei 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.

Asahi Kasei's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.79/24.83
=0.92

* 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.

Asahi Kasei's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Asahi Kasei's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.55/112.7000*112.7000
=7.550

Current CPI (Mar. 2026) = 112.7000.

Asahi Kasei Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.788 98.100 6.649
201609 6.540 98.000 7.521
201612 5.754 98.400 6.590
201703 6.672 98.100 7.665
201706 5.794 98.500 6.629
201709 6.670 98.800 7.608
201712 6.591 99.400 7.473
201803 7.533 99.200 8.558
201806 6.375 99.200 7.243
201809 7.050 99.900 7.953
201812 6.962 99.700 7.870
201903 7.523 99.700 8.504
201906 6.676 99.800 7.539
201909 7.592 100.100 8.548
201912 6.869 100.500 7.703
202003 7.539 100.300 8.471
202006 6.099 99.900 6.880
202009 7.293 99.900 8.227
202012 7.600 99.300 8.626
202103 7.550 99.900 8.517
202106 7.638 99.500 8.651
202109 7.820 100.100 8.804
202112 8.151 100.100 9.177
202203 7.739 101.100 8.627
202206 7.215 101.800 7.988
202209 6.849 103.100 7.487
202212 7.364 104.100 7.972
202303 7.406 104.400 7.995
202306 6.643 105.200 7.117
202309 6.784 106.200 7.199
202312 7.197 106.800 7.595
202403 6.941 107.200 7.297
202406 6.725 108.200 7.005
202409 7.614 108.900 7.880
202412 7.220 110.700 7.350
202503 7.574 111.100 7.683
202506 7.526 111.700 7.593
202509 7.450 112.000 7.497
202512 7.320 113.000 7.301
202603 7.550 112.700 7.550

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 0.92 mean?
Asahi Kasei (AHKSY) has a Cyclically Adjusted PS Ratio of 0.92 as of Jul. 22, 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 Asahi Kasei and its competitors. This is 24% above median its historical median of 0.74. Over the past decade, Asahi Kasei's Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.33. According to the industry distribution chart, Asahi Kasei ranks #261 out of 471 companies in the Conglomerates industry, placing it in the top 55.4%.
Is Asahi Kasei's Cyclically Adjusted PS Ratio too high?
Asahi Kasei's current Cyclically Adjusted PS Ratio of 0.92 is 24% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.33. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. Asahi Kasei's value of 0.92 is 22.7% above this industry median. Based on the distribution chart, Asahi Kasei ranks #261 out of 471 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Asahi Kasei has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kasei's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Asahi Kasei ranks #261 out of 471 companies for Cyclically Adjusted PS Ratio. This places Asahi Kasei in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Asahi Kasei's value of 0.92 is 22.7% above this benchmark. Historically, Asahi Kasei's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.33 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.75, Asahi Kasei 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 Cyclically Adjusted PS Ratio for a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.75, based on 471 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. Asahi Kasei's current Cyclically Adjusted PS Ratio of 0.92 is 22.7% 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 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 Asahi Kasei and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Kasei's current Cyclically Adjusted PS Ratio is 0.92, which is 24% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kasei stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kasei (AHKSY) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.34, compared to a current price of $22.79 — trading 48.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.92, which is 24% above median its 10-year median of 0.74 and 22.7% above the Conglomerates industry median of 0.75. Asahi Kasei's overall GF Score™ is 75/100 with 8 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 Asahi Kasei (AHKSY), the current Cyclically Adjusted PS Ratio is 0.92 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 Asahi Kasei (AHKSY) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Kasei stock appears to be overvalued. The current stock price of $22.79 is trading 48.6% above its estimated GF Value™ of $15.34. GuruFocus considers Asahi Kasei to be Significantly Overvalued.

Key valuation signals for AHKSY:

  • Cyclically Adjusted PS Ratio: 0.92 (24% above median its 10-year median of 0.74)
  • GF Value™: $15.34 vs. price of $22.79 (48.6% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 22.7% above the Conglomerates median (#261 of 471)

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


Asahi Kasei Business Description

Address 1-1-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-0006
Asahi Kasei Corp is a Japanese industrial conglomerate mainly engaged in materials, housing, and healthcare businesses. The Health Care segment covers pharmaceuticals, healthcare, and critical care. The Housing segment includes housing and building materials businesses. The Material segment consists of environmental solutions, mobility & industry, AL business, and life innovation, such as digital solutions and comfort life. The Others segment includes plant and environmental engineering, research and information services, as well as staffing and placement businesses. It generates the majority of its revenue from the Material segment.
75GF Score

Get the complete analysis for AHKSY

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

$22.79
Price
$15.34
GF Value