Adways (TSE:2489) Cyclically Adjusted PS Ratio: 0.39 (As of Aug. 01, 2026) — 29% Below Median

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TSE:2489 Adways Inc TSE:2489
70 GF Score
Price 円317.00
GF Value 円399.26
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Adways Cyclically Adjusted PS Ratio?

Adways TSE:2489 -0.94% 70 Cyclically Adjusted PS Ratio is 0.39 as of Aug. 01, 2026, which is 29% below its 10-year median of 0.55. GuruFocus rates TSE:2489 with a GF Score™ of 70/100 and a GF Value™ of 円399.26 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 329 Interactive Media companies, Adways ranks better than 83.59% on this metric.

As of today (2026-08-01), Adways's current share price is 円317.00. Adways's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円802.80. Adways's Cyclically Adjusted PS Ratio for today is 0.39.

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

TSE:2489' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.55   Max: 1.18
Current: 0.38

During the past years, Adways's highest Cyclically Adjusted PS Ratio was 1.18. The lowest was 0.24. And the median was 0.55.

TSE:2489's Cyclically Adjusted PS Ratio is ranked better than
83.59% of 329 companies
in the Interactive Media industry
Industry Median: 1.3 vs TSE:2489: 0.38

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.

Adways's adjusted revenue per share data for the three months ended in Dec. 2025 was 円85.685. 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802.80 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adways  (TSE:2489) 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.


Adways Cyclically Adjusted PS Ratio Related Terms


Adways Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Adways'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.

Adways Cyclically Adjusted PS Ratio Chart

Adways Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.55 0.57 0.34 0.33

Adways 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 0.33 0.41 0.40 0.33 0.00

TSE:2489 vs GOOGL, META, SPOT: Cyclically Adjusted PS Ratio Comparison

For the Internet Content & Information subindustry, Adways'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.


Adways Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Adways's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:2489
70GF Score
Adways Inc TSE:2489
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adways 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.

Adways's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=317.00/802.80
=0.39

* 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.

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

For example, Adways'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)
=85.685/113.0000*113.0000
=85.685

Current CPI (Dec. 2025) = 113.0000.

Adways Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 260.979 97.900 301.232
201606 256.696 98.100 295.684
201609 242.320 98.000 279.410
201612 252.715 98.400 290.211
201703 292.153 98.100 336.527
201706 276.011 98.500 316.642
201709 272.741 98.800 311.941
201712 234.094 99.400 266.123
201803 288.229 99.200 328.325
201806 295.321 99.200 336.404
201809 284.570 99.900 321.886
201812 258.826 99.700 293.353
201903 240.644 99.700 272.746
201906 232.932 99.800 263.741
201909 232.179 100.100 262.100
201912 219.430 100.500 246.722
202003 244.180 100.300 275.098
202006 240.533 99.900 272.074
202009 275.878 99.900 312.054
202012 287.596 99.300 327.274
202103 385.529 99.900 436.084
202106 71.662 99.500 81.385
202109 78.396 100.100 88.499
202112 101.232 100.100 114.278
202203 85.954 101.100 96.071
202206 80.738 101.800 89.621
202209 81.155 103.100 88.948
202212 87.516 104.100 94.998
202303 88.490 104.400 95.779
202306 91.545 105.200 98.333
202309 83.945 106.200 89.320
202312 87.055 106.800 92.109
202403 84.409 107.200 88.976
202406 79.185 108.200 82.698
202409 78.058 108.900 80.997
202412 82.962 110.700 84.686
202503 80.255 111.100 81.627
202506 70.882 111.700 71.707
202509 75.985 112.000 76.663
202512 85.685 113.000 85.685

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 0.39 mean?
Adways (TSE:2489) has a Cyclically Adjusted PS Ratio of 0.39 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 Adways and its competitors. This is 29% below median its historical median of 0.55. Over the past decade, Adways' Cyclically Adjusted PS Ratio has ranged from 0.24 to 1.18. According to the industry distribution chart, Adways ranks #54 out of 329 companies in the Interactive Media industry, placing it in the top 16.4%.
Is Adways' Cyclically Adjusted PS Ratio too high?
Adways' current Cyclically Adjusted PS Ratio of 0.39 is 29% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.18. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.30. Adways' value of 0.39 is 70% below this industry median. Based on the distribution chart, Adways ranks #54 out of 329 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Adways has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adways' Cyclically Adjusted PS Ratio compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Adways ranks #54 out of 329 companies for Cyclically Adjusted PS Ratio. This places Adways in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.30. Adways' value of 0.39 is 70% below this benchmark. Historically, Adways' own Cyclically Adjusted PS Ratio has ranged from 0.24 to 1.18 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.30, Adways 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 Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.30, based on 329 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. Adways's current Cyclically Adjusted PS Ratio of 0.39 is 70% 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 Adways and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adways's current Cyclically Adjusted PS Ratio is 0.39, which is 29% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adways stock overvalued right now?
Based on GuruFocus' analysis, Adways (TSE:2489) is currently considered Modestly Undervalued. The stock's GF Value™ is 円399.26, compared to a current price of 円317.00 — trading 20.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.39, which is 29% below median its 10-year median of 0.55 and 70% below the Interactive Media industry median of 1.30. Adways' overall GF Score™ is 70/100 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 Adways (TSE:2489), the current Cyclically Adjusted PS Ratio is 0.39 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 Adways (TSE:2489) Overvalued in 2026?

Based on GuruFocus' analysis, Adways stock appears to be undervalued. The current stock price of 円317.00 is trading 20.6% below its estimated GF Value™ of 円399.26. GuruFocus considers Adways to be Modestly Undervalued.

Key valuation signals for TSE:2489:

  • Cyclically Adjusted PS Ratio: 0.39 (29% below median its 10-year median of 0.55)
  • GF Value™: 円399.26 vs. price of 円317.00 (20.6% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 70% below the Interactive Media median (#54 of 329)

No single metric tells the full story. See the TSE:2489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adways Business Description

Other Exchanges A02:Germany
Address Sumitomo Fudousan Shinjuku OakTower 4th floor, Tokyo, JPN
Adways Inc engages in the provision of advertising services. It also deals with mobile applications and contents development for media advertising. Its operations include advertising business, applications and media business, overseas business. The advertising business covers primarily internet advertisements. The applications and media business develops and manages smartphone applications and media contents. The overseas business offers internet marketing services overseas.
70GF Score

Get the complete analysis for TSE:2489

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

円317.00
Price
円399.26
GF Value