Asahi Printing Co (TSE:3951) Cyclically Adjusted PS Ratio: 0.45 (As of Aug. 13, 2026) — 17% Below Median

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TSE:3951 Asahi Printing Co Ltd TSE:3951
72 GF Score
Price 円899.00
GF Value 円988.37
Valuation Fairly Valued
! 2 Warning Signs
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What is Asahi Printing Co Cyclically Adjusted PS Ratio?

Asahi Printing Co TSE:3951 +1.12% 72 Cyclically Adjusted PS Ratio is 0.45 as of Aug. 13, 2026, which is 17% below its 10-year median of 0.54. GuruFocus rates TSE:3951 with a GF Score™ of 72/100 and a GF Value™ of 円988.37 (Fairly Valued). The stock has 2 warning signs investors should review. Among 325 Packaging & Containers companies, Asahi Printing Co ranks better than 64.92% on this metric.

As of today (2026-08-13), Asahi Printing Co's current share price is 円899.00. Asahi Printing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,978.02. Asahi Printing Co's Cyclically Adjusted PS Ratio for today is 0.45.

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

TSE:3951' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.54   Max: 0.96
Current: 0.45

During the past years, Asahi Printing Co's highest Cyclically Adjusted PS Ratio was 0.96. The lowest was 0.42. And the median was 0.54.

TSE:3951's Cyclically Adjusted PS Ratio is ranked better than
64.92% of 325 companies
in the Packaging & Containers industry
Industry Median: 0.7 vs TSE:3951: 0.45

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 Printing Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円565.195. 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1,978.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahi Printing Co  (TSE:3951) 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 Printing Co Cyclically Adjusted PS Ratio Related Terms


Asahi Printing Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asahi Printing Co'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 Printing Co Cyclically Adjusted PS Ratio Chart

Asahi Printing Co 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 0.51 0.51 0.50 0.00 0.44

Asahi Printing Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 0.45 0.46 0.45 0.44

TSE:3951 vs SW, PKG, IP: Cyclically Adjusted PS Ratio Comparison

For the Packaging & Containers subindustry, Asahi Printing Co'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 Printing Co Cyclically Adjusted PS Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Asahi Printing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:3951
72GF Score
Asahi Printing Co Ltd TSE:3951
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=899.00/1978.02
=0.45

* 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 Printing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Asahi Printing Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=565.195/112.7000*112.7000
=565.195

Current CPI (Mar. 2026) = 112.7000.

Asahi Printing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 389.570 97.900 448.463
201606 378.265 98.100 434.561
201609 377.035 98.000 433.590
201612 404.095 98.400 462.820
201703 385.594 98.100 442.981
201706 390.944 98.500 447.303
201709 400.398 98.800 456.729
201712 406.154 99.400 460.499
201803 390.599 99.200 443.755
201806 372.801 99.200 423.535
201809 407.271 99.900 459.454
201812 438.403 99.700 495.567
201903 480.731 99.700 543.414
201906 429.285 99.800 484.774
201909 456.798 100.100 514.297
201912 433.864 100.500 486.532
202003 495.831 100.300 557.130
202006 486.639 99.900 548.991
202009 432.413 99.900 487.817
202012 430.551 99.300 488.652
202103 463.490 99.900 522.876
202106 429.785 99.500 486.802
202109 435.198 100.100 489.978
202112 461.153 100.100 519.200
202203 448.882 101.100 500.386
202206 465.643 101.800 515.501
202209 446.310 103.100 487.867
202212 449.246 104.100 486.360
202303 488.515 104.400 527.353
202306 478.588 105.200 512.708
202309 484.077 106.200 513.705
202312 482.517 106.800 509.173
202403 492.675 107.200 517.952
202406 520.048 108.200 541.677
202409 498.017 108.900 515.395
202503 0.000 111.100 0.000
202506 530.207 111.700 534.954
202509 530.332 112.000 533.647
202512 485.350 113.000 484.061
202603 565.195 112.700 565.195

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 0.45 mean?
Asahi Printing Co (TSE:3951) has a Cyclically Adjusted PS Ratio of 0.45 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 Asahi Printing Co and its competitors. This is 17% below median its historical median of 0.54. Over the past decade, Asahi Printing Co's Cyclically Adjusted PS Ratio has ranged from 0.42 to 0.96. According to the industry distribution chart, Asahi Printing Co ranks #114 out of 325 companies in the Packaging & Containers industry, placing it in the top 35.1%.
Is Asahi Printing Co's Cyclically Adjusted PS Ratio too high?
Asahi Printing Co's current Cyclically Adjusted PS Ratio of 0.45 is 17% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.96. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.70. Asahi Printing Co's value of 0.45 is 35.7% below this industry median. Based on the distribution chart, Asahi Printing Co ranks #114 out of 325 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Asahi Printing Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahi Printing Co's Cyclically Adjusted PS Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Asahi Printing Co ranks #114 out of 325 companies for Cyclically Adjusted PS Ratio. This puts Asahi Printing Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Asahi Printing Co's value of 0.45 is 35.7% below this benchmark. Historically, Asahi Printing Co's own Cyclically Adjusted PS Ratio has ranged from 0.42 to 0.96 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.70, Asahi Printing Co 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 Packaging & Containers company?
The median Cyclically Adjusted PS Ratio among Packaging & Containers companies is 0.70, based on 325 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 Printing Co's current Cyclically Adjusted PS Ratio of 0.45 is 35.7% 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 Asahi Printing Co and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Printing Co's current Cyclically Adjusted PS Ratio is 0.45, which is 17% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Printing Co (TSE:3951) is currently considered Fairly Valued. The stock's GF Value™ is 円988.37, compared to a current price of 円899.00 — trading 9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.45, which is 17% below median its 10-year median of 0.54 and 35.7% below the Packaging & Containers industry median of 0.70. Asahi Printing Co's overall GF Score™ is 72/100 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 Asahi Printing Co (TSE:3951), the current Cyclically Adjusted PS Ratio is 0.45 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 Asahi Printing Co (TSE:3951) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Printing Co stock appears to be undervalued. The current stock price of 円899.00 is trading 9% below its estimated GF Value™ of 円988.37. GuruFocus considers Asahi Printing Co to be Fairly Valued.

Key valuation signals for TSE:3951:

  • Cyclically Adjusted PS Ratio: 0.45 (17% below median its 10-year median of 0.54)
  • GF Value™: 円988.37 vs. price of 円899.00 (9% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 35.7% below the Packaging & Containers median (#114 of 325)

No single metric tells the full story. See the TSE:3951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Printing Co Business Description

Address Ichibancho Square Building, 1-1 Ichibancho, Toyama Prefecture, Toyama, JPN, 930-0061
Asahi Printing Co Ltd is engaged in the manufacture and sale of printing and packaging materials. In addition, the company also engages in the temporary staffing business. The company operates in three segments, which include the Printing and packaging business, the Packaging Systems Sales Business, and Others.
72GF Score

Get the complete analysis for TSE:3951

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

円899.00
Price
円988.37
GF Value