FXSRF (Fixstars) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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.
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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.

FXSRF Fixstars Corp FXSRF
91 GF Score
Price $14.10
GF Value $11.37
Valuation Modestly Overvalued
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What is Fixstars Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fixstars  (OTCPK:FXSRF) 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.


Fixstars Cyclically Adjusted PS Ratio Related Terms


Fixstars Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fixstars'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.

Fixstars Cyclically Adjusted PS Ratio Chart

Fixstars Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.77 4.37 4.09 3.74

Fixstars 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 3.79 3.72 3.64 3.59 3.53

FXSRF vs CRM, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Fixstars'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.


Fixstars Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Fixstars's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FXSRF
91GF Score
Fixstars Corp FXSRF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fixstars 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.

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

For example, Fixstars'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)
=0.481/113.6000*113.6000
=0.481

Current CPI (Jun. 2026) = 113.6000.

Fixstars Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.283 98.000 0.328
201612 0.281 98.400 0.324
201703 0.286 98.100 0.331
201706 0.297 98.500 0.343
201709 0.327 98.800 0.376
201712 0.308 99.400 0.352
201803 0.337 99.200 0.386
201806 0.362 99.200 0.415
201809 0.430 99.900 0.489
201812 0.463 99.700 0.528
201903 0.519 99.700 0.591
201906 0.498 99.800 0.567
201909 0.432 100.100 0.490
201912 0.331 100.500 0.374
202003 0.488 100.300 0.553
202006 0.367 99.900 0.417
202009 0.432 99.900 0.491
202012 0.361 99.300 0.413
202103 0.438 99.900 0.498
202106 0.341 99.500 0.389
202109 0.425 100.100 0.482
202112 0.379 100.100 0.430
202203 0.429 101.100 0.482
202206 0.383 101.800 0.427
202209 0.383 103.100 0.422
202212 0.377 104.100 0.411
202303 0.455 104.400 0.495
202306 0.380 105.200 0.410
202309 0.385 106.200 0.412
202312 0.390 106.800 0.415
202403 0.429 107.200 0.455
202406 0.382 108.200 0.401
202409 0.452 108.900 0.472
202412 0.472 110.700 0.484
202503 0.501 111.100 0.512
202506 0.491 111.700 0.499
202509 0.535 112.000 0.543
202512 0.510 113.000 0.513
202603 0.574 112.700 0.579
202606 0.481 113.600 0.481

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.

Is Fixstars (FXSRF) Overvalued in 2026?

Based on GuruFocus' analysis, Fixstars stock appears to be overvalued. The current stock price of $14.10 is trading 24% above its estimated GF Value™ of $11.37. GuruFocus considers Fixstars to be Modestly Overvalued.

Key valuation signals for FXSRF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $11.37 vs. price of $14.10 (24% above fair value)
  • GF Score™: 91/100

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


Fixstars Business Description

Other Exchanges 3687:Japan
Address 1-11-1 Ohsaki, Shinagawa-Ku, Gate City Ohsaki West Tower 18Floor, Tokyo, JPN, 141-0032
Fixstars Corp is a Japan based software company. It offers multicore processors and application acceleration for the next generation of memory technology that delivers high speed IO as well as power savings. The solutions offered by the company are quantum computing, IoT, machine learning and FPGA. It operates in the business areas of Automotive, Flash storage, Industrial equipment, Finance, Healthcare and HPC. The company's products are M-cubed, Geometric Performance Primitives, FlashAir and Yellow Dog Appliance Server.
91GF Score

Get the complete analysis for FXSRF

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

$14.10
Price
$11.37
GF Value