Japan Asia Investment Co (FRA:JAN) Cyclically Adjusted PS Ratio: 0.52 (As of Aug. 01, 2026) — 15% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

FRA:JAN Japan Asia Investment Co Ltd FRA:JAN
37 GF Score
Price €0.69
GF Value €0.71
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Japan Asia Investment Co Cyclically Adjusted PS Ratio?

Japan Asia Investment Co FRA:JAN +2.22% 37 Cyclically Adjusted PS Ratio is 0.52 as of Aug. 01, 2026, which is 15% below its 10-year median of 0.61. GuruFocus rates FRA:JAN with a GF Score™ of 37/100 and a GF Value™ of €0.71 (Fairly Valued). The stock has 4 warning signs investors should review. Among 907 Asset Management companies, Japan Asia Investment Co ranks better than 93.5% on this metric.

As of today (2026-08-01), Japan Asia Investment Co's current share price is €0.69. Japan Asia Investment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.32. Japan Asia Investment Co's Cyclically Adjusted PS Ratio for today is 0.52.

The historical rank and industry rank for Japan Asia Investment Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:JAN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.61   Max: 0.98
Current: 0.5

During the past years, Japan Asia Investment Co's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.30. And the median was 0.61.

FRA:JAN's Cyclically Adjusted PS Ratio is ranked better than
93.5% of 907 companies
in the Asset Management industry
Industry Median: 7.57 vs FRA:JAN: 0.50

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.

Japan Asia Investment Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.210. 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 €1.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Asia Investment Co  (FRA:JAN) 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.


Japan Asia Investment Co Cyclically Adjusted PS Ratio Related Terms


Japan Asia Investment Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Japan Asia Investment Co'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.

Japan Asia Investment Co Cyclically Adjusted PS Ratio Chart

Japan Asia Investment Co 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 0.59 0.75 0.77 0.00 0.63

Japan Asia Investment Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 0.89 0.85 0.77 0.63

FRA:JAN vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Japan Asia Investment Co'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.


Japan Asia Investment Co Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Japan Asia Investment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Japan Asia Investment Co's Cyclically Adjusted PS Ratio falls into.


FRA:JAN
37GF Score
Japan Asia Investment Co Ltd FRA:JAN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Asia Investment Co 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.

Japan Asia Investment Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.69/1.32
=0.52

* 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.

Japan Asia Investment Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Japan Asia Investment Co'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)
=0.21/112.7000*112.7000
=0.210

Current CPI (Mar. 2026) = 112.7000.

Japan Asia Investment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.268 98.100 0.308
201603 0.649 97.900 0.747
201606 0.523 98.100 0.601
201609 0.430 98.000 0.495
201612 0.846 98.400 0.969
201703 0.439 98.100 0.504
201706 0.305 98.500 0.349
201709 1.874 98.800 2.138
201712 0.361 99.400 0.409
201803 1.029 99.200 1.169
201806 0.185 99.200 0.210
201809 0.331 99.900 0.373
201812 0.327 99.700 0.370
201903 0.708 99.700 0.800
201906 0.223 99.800 0.252
201909 0.415 100.100 0.467
201912 0.209 100.500 0.234
202003 1.020 100.300 1.146
202006 0.288 99.900 0.325
202009 0.291 99.900 0.328
202012 0.766 99.300 0.869
202103 0.323 99.900 0.364
202106 0.215 99.500 0.244
202109 0.224 100.100 0.252
202112 0.769 100.100 0.866
202203 0.188 101.100 0.210
202206 0.156 101.800 0.173
202209 0.287 103.100 0.314
202212 0.895 104.100 0.969
202303 0.195 104.400 0.211
202306 0.325 105.200 0.348
202309 0.139 106.200 0.148
202312 0.165 106.800 0.174
202403 0.248 107.200 0.261
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 0.026 111.700 0.026
202509 0.177 112.000 0.178
202512 0.094 113.000 0.094
202603 0.210 112.700 0.210

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 0.52 mean?
Japan Asia Investment Co (FRA:JAN) has a Cyclically Adjusted PS Ratio of 0.52 as of Aug. 01, 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 Japan Asia Investment Co and its competitors. This is 15% below median its historical median of 0.61. Over the past decade, Japan Asia Investment Co's Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.98. According to the industry distribution chart, Japan Asia Investment Co ranks #59 out of 907 companies in the Asset Management industry, placing it in the top 6.5%.
Is Japan Asia Investment Co's Cyclically Adjusted PS Ratio too high?
Japan Asia Investment Co's current Cyclically Adjusted PS Ratio of 0.52 is 15% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.98. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.57. Japan Asia Investment Co's value of 0.52 is 93.1% below this industry median. Based on the distribution chart, Japan Asia Investment Co ranks #59 out of 907 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Japan Asia Investment Co has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Asia Investment Co's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Japan Asia Investment Co ranks #59 out of 907 companies for Cyclically Adjusted PS Ratio. This places Japan Asia Investment Co in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 7.57. Japan Asia Investment Co's value of 0.52 is 93.1% below this benchmark. Historically, Japan Asia Investment Co's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 0.98 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 7.57, Japan Asia Investment Co 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.57, based on 907 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. Japan Asia Investment Co's current Cyclically Adjusted PS Ratio of 0.52 is 93.1% 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 Japan Asia Investment Co and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Japan Asia Investment Co's current Cyclically Adjusted PS Ratio is 0.52, which is 15% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Asia Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Asia Investment Co (FRA:JAN) is currently considered Fairly Valued. The stock's GF Value™ is €0.71, compared to a current price of €0.69 — trading 2.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.52, which is 15% below median its 10-year median of 0.61 and 93.1% below the Asset Management industry median of 7.57. Japan Asia Investment Co's overall GF Score™ is 37/100 with 4 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 Japan Asia Investment Co (FRA:JAN), the current Cyclically Adjusted PS Ratio is 0.52 as of Aug. 01, 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 Japan Asia Investment Co (FRA:JAN) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Asia Investment Co stock appears to be undervalued. The current stock price of €0.69 is trading 2.8% below its estimated GF Value™ of €0.71. GuruFocus considers Japan Asia Investment Co to be Fairly Valued.

Key valuation signals for FRA:JAN:

  • Cyclically Adjusted PS Ratio: 0.52 (15% below median its 10-year median of 0.61)
  • GF Value™: €0.71 vs. price of €0.69 (2.8% below fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 93.1% below the Asset Management median (#59 of 907)

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


Japan Asia Investment Co Business Description

Other Exchanges 8518:Japan
Address 2-4, Kudankita 3-chome, Chiyoda-ku, Tokyo, JPN
Japan Asia Investment Co Ltd (JAIC) provides growth capital to venture companies and small and medium-sized enterprise (SME). The company provides various support to achieve growth strategies of the company by utilizing JAIC's resources in Japan and elsewhere in Asia.
37GF Score

Get the complete analysis for FRA:JAN

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

€0.69
Price
€0.71
GF Value