Aplix (TSE:3727) Cyclically Adjusted PS Ratio: 1.26 (As of Sep. 01, 2026) — 38% Above 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:3727 Aplix Corp TSE:3727
57 GF Score
Price 円162.00
GF Value 円174.27
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Aplix Cyclically Adjusted PS Ratio?

Aplix TSE:3727 +1.89% 57 Cyclically Adjusted PS Ratio is 1.26 as of Sep. 01, 2026, which is 38% above its 10-year median of 0.91. GuruFocus rates TSE:3727 with a GF Score™ of 57/100 and a GF Value™ of 円174.27 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,583 Software companies, Aplix ranks better than 59% on this metric.

As of today (2026-09-01), Aplix's current share price is 円162.00. Aplix's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円128.91. Aplix's Cyclically Adjusted PS Ratio for today is 1.26.

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

TSE:3727' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.91   Max: 1.76
Current: 1.23

During the past years, Aplix's highest Cyclically Adjusted PS Ratio was 1.76. The lowest was 0.35. And the median was 0.91.

TSE:3727's Cyclically Adjusted PS Ratio is ranked better than
59% of 1583 companies
in the Software industry
Industry Median: 1.67 vs TSE:3727: 1.23

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.

Aplix's adjusted revenue per share data for the three months ended in Jun. 2026 was 円80.089. 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128.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aplix  (TSE:3727) 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.


Aplix Cyclically Adjusted PS Ratio Related Terms


Aplix Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aplix'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.

Aplix Cyclically Adjusted PS Ratio Chart

Aplix 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 0.72 0.84 1.52 0.00 1.28

Aplix Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.20 1.50 1.28 1.55 1.03

TSE:3727 vs CRM, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Aplix'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.


Aplix Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Aplix's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3727
57GF Score
Aplix Corp TSE:3727
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aplix 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=162.00/128.91
=1.26

* 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.

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

For example, Aplix'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)
=80.089/113.6000*113.6000
=80.089

Current CPI (Jun. 2026) = 113.6000.

Aplix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 30.260 98.100 35.041
201609 27.824 98.000 32.253
201612 27.075 98.400 31.257
201703 24.537 98.100 28.414
201706 5.747 98.500 6.628
201709 5.910 98.800 6.795
201712 2.697 99.400 3.082
201803 3.891 99.200 4.456
201806 3.466 99.200 3.969
201809 6.603 99.900 7.509
201812 6.725 99.700 7.663
201903 9.068 99.700 10.332
201906 4.338 99.800 4.938
201909 7.243 100.100 8.220
201912 20.653 100.500 23.345
202003 23.464 100.300 26.575
202006 38.596 99.900 43.889
202009 40.924 99.900 46.536
202012 49.643 99.300 56.792
202103 43.315 99.900 49.255
202106 38.490 99.500 43.944
202109 37.755 100.100 42.847
202112 38.855 100.100 44.095
202203 37.103 101.100 41.690
202206 37.637 101.800 42.000
202209 40.143 103.100 44.231
202212 43.056 104.100 46.985
202303 43.763 104.400 47.620
202306 42.665 105.200 46.072
202309 39.243 106.200 41.977
202312 43.575 106.800 46.349
202403 39.007 107.200 41.336
202406 46.912 108.200 49.253
202412 0.000 110.700 0.000
202503 35.556 111.100 36.356
202506 33.648 111.700 34.220
202509 31.799 112.000 32.253
202512 30.906 113.000 31.070
202603 27.329 112.700 27.547
202606 80.089 113.600 80.089

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 1.26 mean?
Aplix (TSE:3727) has a Cyclically Adjusted PS Ratio of 1.26 as of Sep. 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 Aplix and its competitors. This is 38% above median its historical median of 0.91. Over the past decade, Aplix's Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.76. According to the industry distribution chart, Aplix ranks #649 out of 1583 companies in the Software industry, placing it in the top 41%.
Is Aplix's Cyclically Adjusted PS Ratio too high?
Aplix's current Cyclically Adjusted PS Ratio of 1.26 is 38% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.76. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Aplix's value of 1.26 is 24.6% below this industry median. Based on the distribution chart, Aplix ranks #649 out of 1583 companies in the Software industry, which is above the industry midpoint. Overall, Aplix has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aplix's Cyclically Adjusted PS Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Aplix ranks #649 out of 1583 companies for Cyclically Adjusted PS Ratio. This puts Aplix in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Aplix's value of 1.26 is 24.6% below this benchmark. Historically, Aplix's own Cyclically Adjusted PS Ratio has ranged from 0.35 to 1.76 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.67, Aplix 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.67, based on 1,583 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. Aplix's current Cyclically Adjusted PS Ratio of 1.26 is 24.6% 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 Aplix and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aplix's current Cyclically Adjusted PS Ratio is 1.26, which is 38% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aplix stock overvalued right now?
Based on GuruFocus' analysis, Aplix (TSE:3727) is currently considered Fairly Valued. The stock's GF Value™ is 円174.27, compared to a current price of 円162.00 — trading 7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.26, which is 38% above median its 10-year median of 0.91 and 24.6% below the Software industry median of 1.67. Aplix's overall GF Score™ is 57/100 with 4 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 Aplix (TSE:3727), the current Cyclically Adjusted PS Ratio is 1.26 as of Sep. 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 Aplix (TSE:3727) Overvalued in 2026?

Based on GuruFocus' analysis, Aplix stock appears to be undervalued. The current stock price of 円162.00 is trading 7% below its estimated GF Value™ of 円174.27. GuruFocus considers Aplix to be Fairly Valued.

Key valuation signals for TSE:3727:

  • Cyclically Adjusted PS Ratio: 1.26 (38% above median its 10-year median of 0.91)
  • GF Value™: 円174.27 vs. price of 円162.00 (7% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 24.6% below the Software median (#649 of 1583)

No single metric tells the full story. See the TSE:3727 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aplix Business Description

Address 2-20-9 Nishiwaseda, Shinjuku-ku, Tokyo, JPN, 169-0051
Aplix Corp is a Japan-based company engaged in the technology business. It specializes in developing technologies that connect various devices to the Internet of Things (IoT), enhancing convenience and quality of life for its customers. The company offers a range of services including stock business solutions and system development, focusing on custom development and support services. The product portfolio includes cloud services, AI-enabled dash cameras, and IoT data communication services, catering to diverse client needs. The company aims to provide reliable solutions for sectors such as manufacturing, mobility, smart homes, healthcare, and infrastructure.
57GF Score

Get the complete analysis for TSE:3727

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

円162.00
Price
円174.27
GF Value