Alpen Co (NGO:3028) Cyclically Adjusted PS Ratio: 0.30 (As of Jul. 29, 2026) — 14% Below Median

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NGO:3028 Alpen Co Ltd NGO:3028
65 GF Score
Price 円2,005.00
GF Value 円2,137.76
Valuation Fairly Valued
! 2 Warning Signs
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What is Alpen Co Cyclically Adjusted PS Ratio?

Alpen Co NGO:3028 65 Cyclically Adjusted PS Ratio is 0.30 as of Jul. 29, 2026, which is 14% below its 10-year median of 0.35. GuruFocus rates NGO:3028 with a GF Score™ of 65/100 and a GF Value™ of 円2,137.76 (Fairly Valued). The stock has 2 warning signs investors should review. Among 792 Retail - Cyclical companies, Alpen Co ranks better than 63.64% on this metric.

As of today (2026-07-29), Alpen Co's current share price is 円2005.00. Alpen Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円6,631.83. Alpen Co's Cyclically Adjusted PS Ratio for today is 0.30.

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

NGO:3028' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 0.69
Current: 0.33

During the past years, Alpen Co's highest Cyclically Adjusted PS Ratio was 0.69. The lowest was 0.24. And the median was 0.35.

NGO:3028's Cyclically Adjusted PS Ratio is ranked better than
63.64% of 792 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs NGO:3028: 0.33

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.

Alpen Co's adjusted revenue per share data for the three months ended in Dec. 2025 was 円1,864.402. 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 円6,631.83 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpen Co  (NGO:3028) 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.


Alpen Co Cyclically Adjusted PS Ratio Related Terms


Alpen Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Alpen 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.

Alpen Co Cyclically Adjusted PS Ratio Chart

Alpen Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.35 0.33 0.33 0.36

Alpen Co 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 0.37 0.36 0.36 0.35 0.00

NGO:3028 vs CASY, WSM, ULTA: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Alpen 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.


Alpen Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alpen Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


NGO:3028
65GF Score
Alpen Co Ltd NGO:3028
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpen 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.

Alpen Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2005.00/6631.83
=0.30

* 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.

Alpen Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Alpen Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1864.402/113.0000*113.0000
=1,864.402

Current CPI (Dec. 2025) = 113.0000.

Alpen Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1,304.666 97.900 1,505.896
201606 1,489.886 98.100 1,716.179
201609 1,323.536 98.000 1,526.118
201612 1,324.549 98.400 1,521.078
201703 1,278.781 98.100 1,473.010
201706 1,507.941 98.500 1,729.922
201709 1,379.529 98.800 1,577.801
201712 1,420.925 99.400 1,615.337
201803 1,298.096 99.200 1,478.678
201806 1,524.860 99.200 1,736.988
201809 1,340.208 99.900 1,515.951
201812 1,419.122 99.700 1,608.433
201903 1,316.818 99.700 1,492.482
201906 1,561.884 99.800 1,768.466
201909 1,424.729 100.100 1,608.335
201912 1,411.465 100.500 1,587.020
202003 1,310.857 100.300 1,476.838
202006 1,301.074 99.900 1,471.685
202009 1,482.532 99.900 1,676.938
202012 1,593.462 99.300 1,813.305
202103 1,302.243 99.900 1,473.008
202106 1,573.058 99.500 1,786.488
202109 1,341.431 100.100 1,514.303
202112 1,539.474 100.100 1,737.868
202203 1,355.659 101.100 1,515.227
202206 1,701.160 101.800 1,888.321
202209 1,466.603 103.100 1,607.431
202212 1,636.671 104.100 1,776.598
202303 1,517.471 104.400 1,642.473
202306 1,702.660 105.200 1,828.903
202309 1,532.427 106.200 1,630.549
202312 1,643.756 106.800 1,739.180
202403 1,558.029 107.200 1,642.325
202406 1,828.741 108.200 1,909.868
202409 1,618.783 108.900 1,679.729
202412 1,765.347 110.700 1,802.025
202503 1,702.898 111.100 1,732.020
202506 1,884.161 111.700 1,906.089
202509 1,697.121 112.000 1,712.274
202512 1,864.402 113.000 1,864.402

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 0.30 mean?
Alpen Co (NGO:3028) has a Cyclically Adjusted PS Ratio of 0.30 as of Jul. 29, 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 Alpen Co and its competitors. This is 14% below median its historical median of 0.35. Over the past decade, Alpen Co's Cyclically Adjusted PS Ratio has ranged from 0.24 to 0.69. According to the industry distribution chart, Alpen Co ranks #288 out of 792 companies in the Retail - Cyclical industry, placing it in the top 36.4%.
Is Alpen Co's Cyclically Adjusted PS Ratio too high?
Alpen Co's current Cyclically Adjusted PS Ratio of 0.30 is 14% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.69. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Alpen Co's value of 0.30 is 38.8% below this industry median. Based on the distribution chart, Alpen Co ranks #288 out of 792 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Alpen Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpen Co's Cyclically Adjusted PS Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Alpen Co ranks #288 out of 792 companies for Cyclically Adjusted PS Ratio. This puts Alpen Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Alpen Co's value of 0.30 is 38.8% below this benchmark. Historically, Alpen Co's own Cyclically Adjusted PS Ratio has ranged from 0.24 to 0.69 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.49, Alpen 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 a Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 792 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. Alpen Co's current Cyclically Adjusted PS Ratio of 0.30 is 38.8% 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 Alpen Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpen Co's current Cyclically Adjusted PS Ratio is 0.30, which is 14% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpen Co stock overvalued right now?
Based on GuruFocus' analysis, Alpen Co (NGO:3028) is currently considered Fairly Valued. The stock's GF Value™ is 円2,137.76, compared to a current price of 円2,005.00 — trading 6.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.30, which is 14% below median its 10-year median of 0.35 and 38.8% below the Retail - Cyclical industry median of 0.49. Alpen Co's overall GF Score™ is 65/100 with 2 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 Alpen Co (NGO:3028), the current Cyclically Adjusted PS Ratio is 0.30 as of Jul. 29, 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 Alpen Co (NGO:3028) Overvalued in 2026?

Based on GuruFocus' analysis, Alpen Co stock appears to be undervalued. The current stock price of 円2,005.00 is trading 6.2% below its estimated GF Value™ of 円2,137.76. GuruFocus considers Alpen Co to be Fairly Valued.

Key valuation signals for NGO:3028:

  • Cyclically Adjusted PS Ratio: 0.30 (14% below median its 10-year median of 0.35)
  • GF Value™: 円2,137.76 vs. price of 円2,005.00 (6.2% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 38.8% below the Retail - Cyclical median (#288 of 792)

No single metric tells the full story. See the NGO:3028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpen Co Business Description

Other Exchanges 3028:Japan
Address Alpen Marunouchi Tower, 9-40, 2-chome, Marunouchi, Naka-ku, Nagoya-shi, Aichi, JPN, 460-8637
Alpen Co Ltd is a Japan-based specialty retailer that is primarily engaged in the production and sale of sports products. The company's products consist of sports equipment, apparel, accessories, dietary supplements, and other items. The company operates through three store formats, including Alpen, focusing on products related to winter sports; Golf 5, primarily providing golf-related sports products; Sports Depo, which offers all kinds of sporting goods. The Sports Depo accounts for around half of the company's total revenue. The company runs a nationwide retail network across Japan.
65GF Score

Get the complete analysis for NGO:3028

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

円2,005.00
Price
円2,137.76
GF Value