Fan Communications (TSE:2461) Cyclically Adjusted PS Ratio: 1.06 (As of Aug. 13, 2026) — Near Median

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TSE:2461 Fan Communications Inc TSE:2461
61 GF Score
Price 円389.00
GF Value 円398.28
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Fan Communications Cyclically Adjusted PS Ratio?

Fan Communications TSE:2461 -0.77% 61 Cyclically Adjusted PS Ratio is 1.06 as of Aug. 13, 2026, which is 2% below its 10-year median of 1.08. GuruFocus rates TSE:2461 with a GF Score™ of 61/100 and a GF Value™ of 円398.28 (Fairly Valued). The stock has 3 warning signs investors should review. Among 736 Media - Diversified companies, Fan Communications ranks worse than 57.74% on this metric.

As of today (2026-08-13), Fan Communications's current share price is 円389.00. Fan Communications's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円367.33. Fan Communications's Cyclically Adjusted PS Ratio for today is 1.06.

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

TSE:2461' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.08   Max: 4.1
Current: 1.09

During the past years, Fan Communications's highest Cyclically Adjusted PS Ratio was 4.10. The lowest was 0.91. And the median was 1.08.

TSE:2461's Cyclically Adjusted PS Ratio is ranked worse than
57.74% of 736 companies
in the Media - Diversified industry
Industry Median: 0.79 vs TSE:2461: 1.09

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.

Fan Communications's adjusted revenue per share data for the three months ended in Dec. 2025 was 円25.273. 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367.33 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fan Communications  (TSE:2461) 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.


Fan Communications Cyclically Adjusted PS Ratio Related Terms


Fan Communications Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fan Communications'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.

Fan Communications Cyclically Adjusted PS Ratio Chart

Fan Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.98 0.98 0.00 1.38

Fan Communications Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.02 1.14 1.38 1.38 0.00

TSE:2461 vs APP, OMC, TTD: Cyclically Adjusted PS Ratio Comparison

For the Advertising Agencies subindustry, Fan Communications'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.


Fan Communications Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fan Communications's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2461
61GF Score
Fan Communications Inc TSE:2461
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fan Communications 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.

Fan Communications's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=389.00/367.33
=1.06

* 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.

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

For example, Fan Communications'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)
=25.273/113.0000*113.0000
=25.273

Current CPI (Dec. 2025) = 113.0000.

Fan Communications Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 114.869 98.100 132.316
201603 120.565 97.900 139.161
201606 122.362 98.100 140.947
201609 122.263 98.000 140.977
201612 121.685 98.400 139.740
201703 128.384 98.100 147.884
201706 129.767 98.500 148.870
201709 135.019 98.800 154.425
201712 114.922 99.400 130.646
201803 117.431 99.200 133.767
201806 121.596 99.200 138.512
201809 115.014 99.900 130.096
201812 107.124 99.700 121.414
201903 115.165 99.700 130.528
201906 119.726 99.800 135.562
201909 115.978 100.100 130.924
201912 100.569 100.500 113.078
202003 103.140 100.300 116.200
202006 104.219 99.900 117.885
202009 100.509 99.900 113.689
202012 89.599 99.300 101.961
202103 93.269 99.900 105.499
202106 98.476 99.500 111.837
202109 89.244 100.100 100.745
202112 87.863 100.100 99.186
202203 26.002 101.100 29.063
202206 28.867 101.800 32.043
202209 29.067 103.100 31.858
202212 28.715 104.100 31.170
202303 28.973 104.400 31.360
202306 27.849 105.200 29.914
202309 27.185 106.200 28.926
202312 27.641 106.800 29.246
202403 25.699 107.200 27.089
202406 25.693 108.200 26.833
202412 0.000 110.700 0.000
202503 28.002 111.100 28.481
202506 26.997 111.700 27.311
202509 26.827 112.000 27.067
202512 25.273 113.000 25.273

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 1.06 mean?
Fan Communications (TSE:2461) has a Cyclically Adjusted PS Ratio of 1.06 as of Aug. 13, 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 Fan Communications and its competitors. This is near median its historical median of 1.08. Over the past decade, Fan Communications' Cyclically Adjusted PS Ratio has ranged from 0.91 to 4.10. According to the industry distribution chart, Fan Communications ranks #425 out of 736 companies in the Media - Diversified industry, placing it in the top 57.7%.
Is Fan Communications' Cyclically Adjusted PS Ratio too high?
Fan Communications' current Cyclically Adjusted PS Ratio of 1.06 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 4.10. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.79. Fan Communications' value of 1.06 is 34.2% above this industry median. Based on the distribution chart, Fan Communications ranks #425 out of 736 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Fan Communications has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fan Communications' Cyclically Adjusted PS Ratio compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Fan Communications ranks #425 out of 736 companies for Cyclically Adjusted PS Ratio. This places Fan Communications in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. Fan Communications' value of 1.06 is 34.2% above this benchmark. Historically, Fan Communications' own Cyclically Adjusted PS Ratio has ranged from 0.91 to 4.10 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.79, Fan Communications 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.79, based on 736 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. Fan Communications's current Cyclically Adjusted PS Ratio of 1.06 is 34.2% 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 Fan Communications and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fan Communications's current Cyclically Adjusted PS Ratio is 1.06, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fan Communications stock overvalued right now?
Based on GuruFocus' analysis, Fan Communications (TSE:2461) is currently considered Fairly Valued. The stock's GF Value™ is 円398.28, compared to a current price of 円389.00 — trading 2.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.06, which is near median its 10-year median of 1.08 and 34.2% above the Media - Diversified industry median of 0.79. Fan Communications' overall GF Score™ is 61/100 with 3 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 Fan Communications (TSE:2461), the current Cyclically Adjusted PS Ratio is 1.06 as of Aug. 13, 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 Fan Communications (TSE:2461) Overvalued in 2026?

Based on GuruFocus' analysis, Fan Communications stock appears to be undervalued. The current stock price of 円389.00 is trading 2.3% below its estimated GF Value™ of 円398.28. GuruFocus considers Fan Communications to be Fairly Valued.

Key valuation signals for TSE:2461:

  • Cyclically Adjusted PS Ratio: 1.06 (near median its 10-year median of 1.08)
  • GF Value™: 円398.28 vs. price of 円389.00 (2.3% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 34.2% above the Media - Diversified median (#425 of 736)

No single metric tells the full story. See the TSE:2461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fan Communications Business Description

Address 1-1-8 Shibuya, Aoyama Diamond Building (Reception: 2nd Floor), Shibuya-ku, Tokyo, JPN, 150-0002
Fan Communications Inc is a Japanese Internet marketing company. The company is developing Internet advertising-related businesses. It has its own media operation and advertising agency and is mainly involved in Internet-based performance marketing ad network services. Its product and services are divided into cost per action ad network business (affiliate advertising, smartphone app install advertising) and cost per click/targeting ad network business (smartphone and network, behavioral targeting supply-side platforms). The company provides advertising through A8.net affiliate advertising service platform and A8app a smartphone application to install for promotions.
61GF Score

Get the complete analysis for TSE:2461

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

円389.00
Price
円398.28
GF Value