AJIS Co (TSE:4659) Cyclically Adjusted PS Ratio: 1.19 (As of Aug. 29, 2026) — 32% Above Median

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TSE:4659 AJIS Co Ltd TSE:4659
57 GF Score
Price 円4,420.00
GF Value 円3,366.29
! 7 Warning Signs
View Full Analysis

What is AJIS Co Cyclically Adjusted PS Ratio?

AJIS Co TSE:4659 57 Cyclically Adjusted PS Ratio is 1.19 as of Aug. 29, 2026, which is 32% above its 10-year median of 0.90. GuruFocus rates TSE:4659 with a GF Score™ of 57/100 and a GF Value™ of 円3,366.29. The stock has 7 warning signs investors should review. Among 720 Business Services companies, AJIS Co ranks worse than 58.89% on this metric.

As of today (2026-08-29), AJIS Co's current share price is 円4420.00. AJIS Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was 円3,704.82. AJIS Co's Cyclically Adjusted PS Ratio for today is 1.19.

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

TSE:4659' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.9   Max: 1.72
Current: 1.19

During the past years, AJIS Co's highest Cyclically Adjusted PS Ratio was 1.72. The lowest was 0.65. And the median was 0.90.

TSE:4659's Cyclically Adjusted PS Ratio is ranked worse than
58.89% of 720 companies
in the Business Services industry
Industry Median: 0.87 vs TSE:4659: 1.19

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.

AJIS Co's adjusted revenue per share data for the three months ended in Dec. 2025 was 円1,101.793. 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3,704.82 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AJIS Co  (TSE:4659) 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.


AJIS Co Cyclically Adjusted PS Ratio Related Terms


AJIS Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AJIS 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.

AJIS Co Cyclically Adjusted PS Ratio Chart

AJIS 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 0.84 0.75 0.77 0.69 0.00

AJIS Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.69 0.82 0.82 0.80 0.00

TSE:4659 vs CTAS, CPRT, ULS: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, AJIS 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.


AJIS Co Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, AJIS Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4659
57GF Score
AJIS Co Ltd TSE:4659
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AJIS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4420.00/3704.82
=1.19

* 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.

AJIS Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, AJIS Co's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1101.793/113.0000*113.0000
=1,101.793

Current CPI (Dec. 2025) = 113.0000.

AJIS Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 868.531 97.900 1,002.492
201606 609.453 98.100 702.020
201609 818.780 98.000 944.103
201612 612.790 98.400 703.712
201703 892.197 98.100 1,027.709
201706 633.525 98.500 726.785
201709 833.566 98.800 953.370
201712 676.014 99.400 768.507
201803 908.223 99.200 1,034.569
201806 656.185 99.200 747.469
201809 853.588 99.900 965.520
201812 710.583 99.700 805.375
201903 983.241 99.700 1,114.406
201906 711.565 99.800 805.680
201909 878.959 100.100 992.231
201912 783.950 100.500 881.456
202003 1,003.681 100.300 1,130.767
202006 692.721 99.900 783.558
202009 870.465 99.900 984.610
202012 785.672 99.300 894.068
202103 975.835 99.900 1,103.797
202106 693.598 99.500 787.704
202109 813.771 100.100 918.643
202112 685.734 100.100 774.105
202203 917.546 101.100 1,025.546
202206 659.253 101.800 731.784
202209 799.703 103.100 876.493
202212 707.880 104.100 768.400
202303 928.420 104.400 1,004.899
202306 722.360 105.200 775.919
202309 822.751 106.200 875.432
202312 900.218 106.800 952.478
202403 1,115.103 107.200 1,175.435
202406 883.872 108.200 923.083
202409 1,016.383 108.900 1,054.649
202412 965.024 110.700 985.074
202503 1,163.992 111.100 1,183.898
202506 953.456 111.700 964.553
202509 1,086.376 112.000 1,096.076
202512 1,101.793 113.000 1,101.793

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 1.19 mean?
AJIS Co (TSE:4659) has a Cyclically Adjusted PS Ratio of 1.19 as of Aug. 29, 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 AJIS Co and its competitors. This is 32% above median its historical median of 0.90. Over the past decade, AJIS Co's Cyclically Adjusted PS Ratio has ranged from 0.65 to 1.72. According to the industry distribution chart, AJIS Co ranks #424 out of 720 companies in the Business Services industry, placing it in the top 58.9%.
Is AJIS Co's Cyclically Adjusted PS Ratio too high?
AJIS Co's current Cyclically Adjusted PS Ratio of 1.19 is 32% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.72. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. AJIS Co's value of 1.19 is 36.8% above this industry median. Based on the distribution chart, AJIS Co ranks #424 out of 720 companies in the Business Services industry, which is below the industry midpoint. Overall, AJIS Co has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does AJIS Co's Cyclically Adjusted PS Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, AJIS Co ranks #424 out of 720 companies for Cyclically Adjusted PS Ratio. This places AJIS Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.87. AJIS Co's value of 1.19 is 36.8% above this benchmark. Historically, AJIS Co's own Cyclically Adjusted PS Ratio has ranged from 0.65 to 1.72 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.87, AJIS Co 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.87, based on 720 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. AJIS Co's current Cyclically Adjusted PS Ratio of 1.19 is 36.8% 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 AJIS Co and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJIS Co's current Cyclically Adjusted PS Ratio is 1.19, which is 32% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJIS Co stock overvalued right now?
AJIS Co (TSE:4659) has a current Cyclically Adjusted PS Ratio of 1.19. The stock's GF Value™ is 円3,366.29, compared to a current price of 円4,420.00 — trading 31.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.19, which is 32% above median its 10-year median of 0.90 and 36.8% above the Business Services industry median of 0.87. AJIS Co's overall GF Score™ is 57/100 with 7 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 AJIS Co (TSE:4659), the current Cyclically Adjusted PS Ratio is 1.19 as of Aug. 29, 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 AJIS Co (TSE:4659) Overvalued in 2026?

Based on GuruFocus' analysis, AJIS Co stock appears to be overvalued. The current stock price of 円4,420.00 is trading 31.3% above its estimated GF Value™ of 円3,366.29.

Key valuation signals for TSE:4659:

  • Cyclically Adjusted PS Ratio: 1.19 (32% above median its 10-year median of 0.90)
  • GF Value™: 円3,366.29 vs. price of 円4,420.00 (31.3% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 36.8% above the Business Services median (#424 of 720)

No single metric tells the full story. See the TSE:4659 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AJIS Co Business Description

Address 4-544-4 town Hanamigawa Makuhari, Chiba, JPN, 262-0032
AJIS Co Ltd is engaged in the provision of inventory services and other accessory services for the distribution business in Japan. It provides services for store inventory, logistics warehouse inventory, and asset inventory. It has extended its operations in Asia such as China, Korea, Hong Kong, Thailand, Malaysia, Vietnam, Philippines and mainly in Japan.
57GF Score

Get the complete analysis for TSE:4659

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

円4,420.00
Price
円3,366.29
GF Value