Kusuri No Aoki Holdings (TSE:3549) Cyclically Adjusted PS Ratio: 1.10 (As of Jul. 30, 2026) — Near Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

TSE:3549 Kusuri No Aoki Holdings TSE:3549
91 GF Score
Price 円4,199.00
GF Value 円4,280.62
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Kusuri No Aoki Holdings Cyclically Adjusted PS Ratio?

Kusuri No Aoki Holdings TSE:3549 +6.17% 91 Cyclically Adjusted PS Ratio is 1.10 as of Jul. 30, 2026, which is 4% below its 10-year median of 1.15. GuruFocus rates TSE:3549 with a GF Score™ of 91/100 and a GF Value™ of 円4,280.62 (Fairly Valued). The stock has 2 warning signs investors should review. Among 358 Healthcare Providers & Services companies, Kusuri No Aoki Holdings ranks better than 56.7% on this metric.

As of today (2026-07-30), Kusuri No Aoki Holdings's current share price is 円4199.00. Kusuri No Aoki Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was 円3,832.38. Kusuri No Aoki Holdings's Cyclically Adjusted PS Ratio for today is 1.10.

The historical rank and industry rank for Kusuri No Aoki Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSE:3549' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.15   Max: 2.49
Current: 0.97

During the past years, Kusuri No Aoki Holdings's highest Cyclically Adjusted PS Ratio was 2.49. The lowest was 0.76. And the median was 1.15.

TSE:3549's Cyclically Adjusted PS Ratio is ranked better than
56.7% of 358 companies
in the Healthcare Providers & Services industry
Industry Median: 1.13 vs TSE:3549: 0.97

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.

Kusuri No Aoki Holdings's adjusted revenue per share data for the three months ended in Feb. 2026 was 円1,467.755. 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3,832.38 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kusuri No Aoki Holdings  (TSE:3549) 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.


Kusuri No Aoki Holdings Cyclically Adjusted PS Ratio Related Terms


Kusuri No Aoki Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kusuri No Aoki Holdings'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.

Kusuri No Aoki Holdings Cyclically Adjusted PS Ratio Chart

Kusuri No Aoki Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.87 1.04 1.00 0.00

Kusuri No Aoki Holdings Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.00 1.08 1.04 1.06 0.00

Kusuri No Aoki Holdings Cyclically Adjusted PS Ratio Competitor Comparison

For the Pharmaceutical Retailers subindustry, Kusuri No Aoki Holdings'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.


Kusuri No Aoki Holdings Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kusuri No Aoki Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Kusuri No Aoki Holdings's Cyclically Adjusted PS Ratio falls into.


TSE:3549
91GF Score
Kusuri No Aoki Holdings TSE:3549
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kusuri No Aoki Holdings 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.

Kusuri No Aoki Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4199.00/3832.38
=1.10

* 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.

Kusuri No Aoki Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Kusuri No Aoki Holdings's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=1467.755/112.2000*112.2000
=1,467.755

Current CPI (Feb. 2026) = 112.2000.

Kusuri No Aoki Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201602 447.082 97.800 512.910
201605 451.371 98.200 515.721
201608 493.004 97.900 565.016
201702 0.000 98.100 0.000
201705 506.216 98.600 576.039
201708 576.054 98.500 656.175
201711 561.331 99.100 635.533
201802 599.456 99.500 675.969
201805 604.252 99.300 682.750
201808 652.761 99.800 733.866
201811 639.737 100.000 717.785
201902 689.408 99.700 775.843
201905 670.959 100.000 752.816
201908 763.527 100.000 856.677
201911 784.688 100.500 876.040
202002 795.653 100.300 890.053
202005 829.544 100.100 929.819
202008 821.077 100.100 920.328
202011 772.200 99.500 870.762
202102 805.089 99.800 905.120
202105 834.989 99.400 942.513
202108 852.353 99.700 959.218
202111 851.634 100.100 954.579
202202 894.986 100.700 997.194
202205 871.918 101.800 960.994
202208 970.083 102.700 1,059.818
202211 978.001 103.900 1,056.128
202302 1,035.414 104.000 1,117.052
202305 1,021.682 105.100 1,090.701
202308 1,135.767 105.900 1,203.334
202311 1,143.632 106.900 1,200.332
202402 1,174.341 106.900 1,232.564
202405 1,164.584 108.100 1,208.754
202408 1,237.256 109.100 1,272.412
202411 1,211.147 110.000 1,235.370
202502 1,263.716 110.800 1,279.684
202505 1,269.714 111.800 1,274.257
202508 1,395.132 112.100 1,396.377
202511 1,419.956 113.200 1,407.412
202602 1,467.755 112.200 1,467.755

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 1.10 mean?
Kusuri No Aoki Holdings (TSE:3549) has a Cyclically Adjusted PS Ratio of 1.10 as of Jul. 30, 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 Kusuri No Aoki Holdings and its competitors. This is near median its historical median of 1.15. Over the past decade, Kusuri No Aoki Holdings' Cyclically Adjusted PS Ratio has ranged from 0.76 to 2.49. According to the industry distribution chart, Kusuri No Aoki Holdings ranks #155 out of 358 companies in the Healthcare Providers & Services industry, placing it in the top 43.3%.
Is Kusuri No Aoki Holdings' Cyclically Adjusted PS Ratio too high?
Kusuri No Aoki Holdings' current Cyclically Adjusted PS Ratio of 1.10 is near median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.49. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.13. Kusuri No Aoki Holdings' value of 1.10 is 2.7% below this industry median. Based on the distribution chart, Kusuri No Aoki Holdings ranks #155 out of 358 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Kusuri No Aoki Holdings has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kusuri No Aoki Holdings' Cyclically Adjusted PS Ratio compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Kusuri No Aoki Holdings ranks #155 out of 358 companies for Cyclically Adjusted PS Ratio. This puts Kusuri No Aoki Holdings in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.13. Kusuri No Aoki Holdings' value of 1.10 is 2.7% below this benchmark. Historically, Kusuri No Aoki Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.76 to 2.49 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.13, Kusuri No Aoki Holdings 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.13, based on 358 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. Kusuri No Aoki Holdings's current Cyclically Adjusted PS Ratio of 1.10 is 2.7% 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 Kusuri No Aoki Holdings and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kusuri No Aoki Holdings's current Cyclically Adjusted PS Ratio is 1.10, which is near median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kusuri No Aoki Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kusuri No Aoki Holdings (TSE:3549) is currently considered Fairly Valued. The stock's GF Value™ is 円4,280.62, compared to a current price of 円4,199.00 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.10, which is near median its 10-year median of 1.15 and 2.7% below the Healthcare Providers & Services industry median of 1.13. Kusuri No Aoki Holdings' overall GF Score™ is 91/100 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 Kusuri No Aoki Holdings (TSE:3549), the current Cyclically Adjusted PS Ratio is 1.10 as of Jul. 30, 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 Kusuri No Aoki Holdings (TSE:3549) Overvalued in 2026?

Based on GuruFocus' analysis, Kusuri No Aoki Holdings stock appears to be undervalued. The current stock price of 円4,199.00 is trading 1.9% below its estimated GF Value™ of 円4,280.62. GuruFocus considers Kusuri No Aoki Holdings to be Fairly Valued.

Key valuation signals for TSE:3549:

  • Cyclically Adjusted PS Ratio: 1.10 (near median its 10-year median of 1.15)
  • GF Value™: 円4,280.62 vs. price of 円4,199.00 (1.9% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 2.7% below the Healthcare Providers & Services median (#155 of 358)

No single metric tells the full story. See the TSE:3549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kusuri No Aoki Holdings Business Description

Address 1st Yokoe-cho 4 Block, Ishikawa Prefecture, Hakusan, JPN, 924-8510
Kusuri No Aoki Holdings is a pharmaceutical retail chain that sells health, beauty, and cleaning supplies. The company operates stores that focus primarily on residential areas in Japan. Kusuri's business includes pharmaceutical drugs, and the company also operates a bone-marrow bank. The company breaks out its sales into four different product lines, including health, beauty, life, and dispensing. The vast majority of the company's revenue is derived from its life product category, followed by beauty products. Most of Kusuri's revenue is derived from the Hokuriku region.
91GF Score

Get the complete analysis for TSE:3549

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

円4,199.00
Price
円4,280.62
GF Value