Asahi Kasei (TSE:3407) Cyclically Adjusted PS Ratio: 0.79 (As of Sep. 13, 2026) — Near Median

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TSE:3407 Asahi Kasei Corp TSE:3407
79 GF Score
Price 円1,552.00
GF Value 円1,236.43
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asahi Kasei Cyclically Adjusted PS Ratio?

Asahi Kasei TSE:3407 -0.93% 79 Cyclically Adjusted PS Ratio is 0.79 as of Sep. 13, 2026, which is 5% above its 10-year median of 0.75. GuruFocus rates TSE:3407 with a GF Score™ of 79/100 and a GF Value™ of 円1,236.43 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 457 Conglomerates companies, Asahi Kasei ranks worse than 51.2% on this metric.

As of today (2026-09-13), Asahi Kasei's current share price is 円1552.00. Asahi Kasei's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円1,963.23. Asahi Kasei's Cyclically Adjusted PS Ratio for today is 0.79.

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

TSE:3407' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.75   Max: 1.33
Current: 0.79

During the past years, Asahi Kasei's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.45. And the median was 0.75.

TSE:3407's Cyclically Adjusted PS Ratio is ranked worse than
51.2% of 457 companies
in the Conglomerates industry
Industry Median: 0.76 vs TSE:3407: 0.79

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.

Asahi Kasei's adjusted revenue per share data for the three months ended in Jun. 2026 was 円610.402. 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1,963.23 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Kasei  (TSE:3407) 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.


Asahi Kasei Cyclically Adjusted PS Ratio Related Terms


Asahi Kasei Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asahi Kasei'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.

Asahi Kasei Cyclically Adjusted PS Ratio Chart

Asahi Kasei 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 0.71 0.57 0.65 0.57 0.79

Asahi Kasei 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 0.55 0.62 0.73 0.79 0.91

TSE:3407 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Asahi Kasei'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.


Asahi Kasei Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Asahi Kasei's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3407
79GF Score
Asahi Kasei Corp TSE:3407
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Kasei 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.

Asahi Kasei's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1552.00/1963.23
=0.79

* 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.

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

For example, Asahi Kasei'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)
=610.402/113.6000*113.6000
=610.402

Current CPI (Jun. 2026) = 113.6000.

Asahi Kasei Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 332.842 98.000 385.825
201612 333.717 98.400 385.267
201703 376.715 98.100 436.237
201706 321.295 98.500 370.549
201709 369.463 98.800 424.808
201712 372.174 99.400 425.342
201803 399.439 99.200 457.422
201806 350.807 99.200 401.731
201809 395.158 99.900 449.349
201812 390.568 99.700 445.020
201903 418.052 99.700 476.336
201906 360.749 99.800 410.632
201909 408.220 100.100 463.275
201912 374.697 100.500 423.538
202003 405.850 100.300 459.667
202006 328.044 99.900 373.031
202009 385.020 99.900 437.821
202012 394.419 99.300 451.219
202103 410.361 99.900 466.637
202106 420.482 99.500 480.068
202109 430.703 100.100 488.790
202112 463.918 100.100 526.484
202203 458.849 101.100 515.581
202206 483.274 101.800 539.292
202209 490.699 103.100 540.673
202212 496.785 104.100 542.121
202303 494.974 104.400 538.592
202306 469.486 105.200 506.973
202309 501.519 106.200 536.465
202312 518.132 106.800 551.122
202403 519.945 107.200 550.986
202406 530.802 108.200 557.293
202409 544.220 108.900 567.708
202412 555.240 110.700 569.786
202503 564.490 111.100 577.192
202506 543.655 111.700 552.902
202509 550.783 112.000 558.651
202512 570.665 113.000 573.695
202603 599.062 112.700 603.846
202606 610.402 113.600 610.402

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 0.79 mean?
Asahi Kasei (TSE:3407) has a Cyclically Adjusted PS Ratio of 0.79 as of Sep. 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 Asahi Kasei and its competitors. This is near median its historical median of 0.75. Over the past decade, Asahi Kasei's Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.33. According to the industry distribution chart, Asahi Kasei ranks #234 out of 457 companies in the Conglomerates industry, placing it in the top 51.2%.
Is Asahi Kasei's Cyclically Adjusted PS Ratio too high?
Asahi Kasei's current Cyclically Adjusted PS Ratio of 0.79 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.33. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.76. Asahi Kasei's value of 0.79 is 3.9% above this industry median. Based on the distribution chart, Asahi Kasei ranks #234 out of 457 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Asahi Kasei has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kasei's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Asahi Kasei ranks #234 out of 457 companies for Cyclically Adjusted PS Ratio. This places Asahi Kasei in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Asahi Kasei's value of 0.79 is 3.9% above this benchmark. Historically, Asahi Kasei's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.33 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.76, Asahi Kasei 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.76, based on 457 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. Asahi Kasei's current Cyclically Adjusted PS Ratio of 0.79 is 3.9% 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 Asahi Kasei and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Kasei's current Cyclically Adjusted PS Ratio is 0.79, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kasei stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kasei (TSE:3407) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,236.43, compared to a current price of 円1,552.00 — trading 25.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.79, which is near median its 10-year median of 0.75 and 3.9% above the Conglomerates industry median of 0.76. Asahi Kasei's overall GF Score™ is 79/100 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 Asahi Kasei (TSE:3407), the current Cyclically Adjusted PS Ratio is 0.79 as of Sep. 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 Asahi Kasei (TSE:3407) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Kasei stock appears to be overvalued. The current stock price of 円1,552.00 is trading 25.5% above its estimated GF Value™ of 円1,236.43. GuruFocus considers Asahi Kasei to be Modestly Overvalued.

Key valuation signals for TSE:3407:

  • Cyclically Adjusted PS Ratio: 0.79 (near median its 10-year median of 0.75)
  • GF Value™: 円1,236.43 vs. price of 円1,552.00 (25.5% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 3.9% above the Conglomerates median (#234 of 457)

No single metric tells the full story. See the TSE:3407 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Kasei Business Description

Address 1-1-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-0006
Asahi Kasei Corp is a Japanese industrial conglomerate mainly engaged in materials, housing, and healthcare businesses. The Health Care segment covers pharmaceuticals, healthcare, and critical care. The Housing segment includes housing and building materials businesses. The Material segment consists of environmental solutions, mobility & industry, AL business, and life innovation, such as digital solutions and comfort life. The Others segment includes plant and environmental engineering, research and information services, as well as staffing and placement businesses. It generates the majority of its revenue from the Material segment.
79GF Score

Get the complete analysis for TSE:3407

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

円1,552.00
Price
円1,236.43
GF Value