Asahipen (TSE:4623) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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.
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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:4623 Asahipen Corp TSE:4623
78 GF Score
Price 円1,877.00
GF Value 円1,752.52
Valuation Fairly Valued
! 5 Warning Signs
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What is Asahipen Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asahipen  (TSE:4623) 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.


Asahipen Cyclically Adjusted PS Ratio Related Terms


Asahipen Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Asahipen'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.

Asahipen Cyclically Adjusted PS Ratio Chart

Asahipen 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 0.57 0.52 0.48 0.44 0.41

Asahipen 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 0.42 0.42 0.41 0.41 0.39

TSE:4623 vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Asahipen'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.


Asahipen Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asahipen's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4623
78GF Score
Asahipen Corp TSE:4623
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahipen 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.

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

For example, Asahipen'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)
=1721.657/113.6000*113.6000
=1,721.657

Current CPI (Jun. 2026) = 113.6000.

Asahipen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 766.469 98.000 888.478
201612 797.155 98.400 920.293
201703 625.796 98.100 724.673
201706 897.384 98.500 1,034.953
201709 768.339 98.800 883.434
201712 752.123 99.400 859.569
201803 639.013 99.200 731.773
201806 884.622 99.200 1,013.035
201809 772.596 99.900 878.548
201812 825.542 99.700 940.638
201903 657.909 99.700 749.634
201906 930.959 99.800 1,059.689
201909 823.046 100.100 934.046
201912 815.872 100.500 922.219
202003 719.403 100.300 814.797
202006 1,247.202 99.900 1,418.240
202009 934.254 99.900 1,062.375
202012 947.303 99.300 1,083.722
202103 807.782 99.900 918.559
202106 1,085.656 99.500 1,239.503
202109 904.652 100.100 1,026.658
202112 937.070 100.100 1,063.448
202203 762.780 101.100 857.090
202206 1,251.792 101.800 1,396.892
202209 1,068.195 103.100 1,176.983
202212 1,223.289 104.100 1,334.924
202303 1,052.094 104.400 1,144.807
202306 1,269.040 105.200 1,370.370
202309 1,137.178 106.200 1,216.416
202312 1,288.761 106.800 1,370.817
202403 1,084.192 107.200 1,148.920
202406 1,390.624 108.200 1,460.027
202409 1,226.434 108.900 1,279.365
202412 1,156.267 110.700 1,186.558
202503 902.181 111.100 922.482
202506 1,095.772 111.700 1,114.411
202509 961.904 112.000 975.645
202512 1,064.918 113.000 1,070.572
202603 1,219.824 112.700 1,229.565
202606 1,721.657 113.600 1,721.657

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.

Is Asahipen (TSE:4623) Overvalued in 2026?

Based on GuruFocus' analysis, Asahipen stock appears to be overvalued. The current stock price of 円1,877.00 is trading 7.1% above its estimated GF Value™ of 円1,752.52. GuruFocus considers Asahipen to be Fairly Valued.

Key valuation signals for TSE:4623:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円1,752.52 vs. price of 円1,877.00 (7.1% above fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the TSE:4623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahipen Business Description

Address 4-1-12 Tsurumi, Osaka, Tsurumi-Ku, JPN, 538-8666
Asahipen Corp manufactures and sells a variety of paints and coatings, painting tools, wallpaper products, and other home decorative items in Japan. It also offers home cleaning products for repair and maintenance as well as lawn and garden products. The company's segments include Paints Business, DIY Products Business, Pet Products Business, and Other Businesses.
78GF Score

Get the complete analysis for TSE:4623

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

円1,877.00
Price
円1,752.52
GF Value