Aichi Steel (FRA:8T2) Cyclically Adjusted PS Ratio: 0.82 (As of Jul. 23, 2026) — 193% Above Median

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FRA:8T2 Aichi Steel Corp FRA:8T2
73 GF Score
Price €16.50
GF Value €8.07
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Aichi Steel Cyclically Adjusted PS Ratio?

Aichi Steel FRA:8T2 73 Cyclically Adjusted PS Ratio is 0.82 as of Jul. 23, 2026, which is 193% above its 10-year median of 0.28. GuruFocus rates FRA:8T2 with a GF Score™ of 73/100 and a GF Value™ of €8.07 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 514 Steel companies, Aichi Steel ranks worse than 67.51% on this metric.

As of today (2026-07-23), Aichi Steel's current share price is €16.50. Aichi Steel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €20.08. Aichi Steel's Cyclically Adjusted PS Ratio for today is 0.82.

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

FRA:8T2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.28   Max: 0.97
Current: 0.82

During the past years, Aichi Steel's highest Cyclically Adjusted PS Ratio was 0.97. The lowest was 0.16. And the median was 0.28.

FRA:8T2's Cyclically Adjusted PS Ratio is ranked worse than
67.51% of 514 companies
in the Steel industry
Industry Median: 0.45 vs FRA:8T2: 0.82

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.

Aichi Steel's adjusted revenue per share data for the three months ended in Mar. 2026 was €6.418. 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 €20.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aichi Steel  (FRA:8T2) 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.


Aichi Steel Cyclically Adjusted PS Ratio Related Terms


Aichi Steel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aichi Steel'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.

Aichi Steel Cyclically Adjusted PS Ratio Chart

Aichi Steel 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 0.20 0.18 0.30 0.50 0.77

Aichi Steel 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 0.50 0.61 0.76 0.81 0.77

FRA:8T2 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Aichi Steel'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.


Aichi Steel Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Aichi Steel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:8T2
73GF Score
Aichi Steel Corp FRA:8T2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aichi Steel 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.

Aichi Steel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.50/20.08
=0.82

* 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.

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

For example, Aichi Steel'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)
=6.418/112.7000*112.7000
=6.418

Current CPI (Mar. 2026) = 112.7000.

Aichi Steel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.575 98.100 6.405
201609 5.678 98.000 6.530
201612 5.575 98.400 6.385
201703 5.900 98.100 6.778
201706 5.748 98.500 6.577
201709 5.524 98.800 6.301
201712 5.712 99.400 6.476
201803 6.051 99.200 6.874
201806 6.096 99.200 6.926
201809 6.021 99.900 6.792
201812 6.530 99.700 7.381
201903 6.874 99.700 7.770
201906 6.643 99.800 7.502
201909 6.534 100.100 7.356
201912 6.335 100.500 7.104
202003 6.085 100.300 6.837
202006 3.797 99.900 4.284
202009 4.961 99.900 5.597
202012 5.960 99.300 6.764
202103 5.699 99.900 6.429
202106 5.887 99.500 6.668
202109 6.013 100.100 6.770
202112 6.680 100.100 7.521
202203 6.757 101.100 7.532
202206 5.988 101.800 6.629
202209 6.518 103.100 7.125
202212 6.196 104.100 6.708
202303 6.681 104.400 7.212
202306 6.108 105.200 6.543
202309 6.061 106.200 6.432
202312 6.263 106.800 6.609
202403 5.409 107.200 5.687
202406 5.364 108.200 5.587
202409 5.828 108.900 6.031
202412 6.046 110.700 6.155
202503 6.113 111.100 6.201
202506 6.419 111.700 6.476
202509 6.373 112.000 6.413
202512 6.332 113.000 6.315
202603 6.418 112.700 6.418

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 0.82 mean?
Aichi Steel (FRA:8T2) has a Cyclically Adjusted PS Ratio of 0.82 as of Jul. 23, 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 Aichi Steel and its competitors. This is 193% above median its historical median of 0.28. Over the past decade, Aichi Steel's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.97. According to the industry distribution chart, Aichi Steel ranks #347 out of 514 companies in the Steel industry, placing it in the top 67.5%.
Is Aichi Steel's Cyclically Adjusted PS Ratio too high?
Aichi Steel's current Cyclically Adjusted PS Ratio of 0.82 is 193% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.97. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Aichi Steel's value of 0.82 is 82.2% above this industry median. Based on the distribution chart, Aichi Steel ranks #347 out of 514 companies in the Steel industry, which is below the industry midpoint. Overall, Aichi Steel has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aichi Steel's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Aichi Steel ranks #347 out of 514 companies for Cyclically Adjusted PS Ratio. This places Aichi Steel in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Aichi Steel's value of 0.82 is 82.2% above this benchmark. Historically, Aichi Steel's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.97 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.45, Aichi Steel 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Aichi Steel's current Cyclically Adjusted PS Ratio of 0.82 is 82.2% 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 Aichi Steel and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aichi Steel's current Cyclically Adjusted PS Ratio is 0.82, which is 193% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aichi Steel stock overvalued right now?
Based on GuruFocus' analysis, Aichi Steel (FRA:8T2) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.07, compared to a current price of €16.50 — trading 104.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.82, which is 193% above median its 10-year median of 0.28 and 82.2% above the Steel industry median of 0.45. Aichi Steel's overall GF Score™ is 73/100 with 1 warning sign 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 Aichi Steel (FRA:8T2), the current Cyclically Adjusted PS Ratio is 0.82 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 Aichi Steel (FRA:8T2) Overvalued in 2026?

Based on GuruFocus' analysis, Aichi Steel stock appears to be overvalued. The current stock price of €16.50 is trading 104.5% above its estimated GF Value™ of €8.07. GuruFocus considers Aichi Steel to be Significantly Overvalued.

Key valuation signals for FRA:8T2:

  • Cyclically Adjusted PS Ratio: 0.82 (193% above median its 10-year median of 0.28)
  • GF Value™: €8.07 vs. price of €16.50 (104.5% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 82.2% above the Steel median (#347 of 514)

No single metric tells the full story. See the FRA:8T2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aichi Steel Business Description

Other Exchanges 5482:Japan
Address 1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.
73GF Score

Get the complete analysis for FRA:8T2

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

€16.50
Price
€8.07
GF Value