A&A Material (TSE:5391) Cyclically Adjusted PS Ratio: 0.25 (As of Aug. 08, 2026) — 19% 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:5391 A&A Material Corp TSE:5391
70 GF Score
Price 円1,468.00
GF Value 円1,391.18
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is A&A Material Cyclically Adjusted PS Ratio?

A&A Material TSE:5391 +2.37% 70 Cyclically Adjusted PS Ratio is 0.25 as of Aug. 08, 2026, which is 19% above its 10-year median of 0.21. GuruFocus rates TSE:5391 with a GF Score™ of 70/100 and a GF Value™ of 円1,391.18 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,367 Construction companies, A&A Material ranks better than 78.93% on this metric.

As of today (2026-08-08), A&A Material's current share price is 円1468.00. A&A Material's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円5,778.75. A&A Material's Cyclically Adjusted PS Ratio for today is 0.25.

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

TSE:5391' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.21   Max: 0.31
Current: 0.26

During the past years, A&A Material's highest Cyclically Adjusted PS Ratio was 0.31. The lowest was 0.16. And the median was 0.21.

TSE:5391's Cyclically Adjusted PS Ratio is ranked better than
78.93% of 1367 companies
in the Construction industry
Industry Median: 0.7 vs TSE:5391: 0.26

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.

A&A Material's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,590.843. 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5,778.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


A&A Material  (TSE:5391) 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.


A&A Material Cyclically Adjusted PS Ratio Related Terms


A&A Material Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for A&A Material'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.

A&A Material Cyclically Adjusted PS Ratio Chart

A&A Material 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 0.17 0.17 0.26 0.20 0.24

A&A Material Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.20 0.00 0.00 0.00 0.24

TSE:5391 vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, A&A Material'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.


A&A Material Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, A&A Material's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:5391
70GF Score
A&A Material Corp TSE:5391
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

A&A Material 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.

A&A Material's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1468.00/5778.75
=0.25

* 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.

A&A Material's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, A&A Material'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)
=1590.843/112.7000*112.7000
=1,590.843

Current CPI (Mar. 2026) = 112.7000.

A&A Material Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 955.424 98.100 1,097.618
201603 1,625.612 97.900 1,871.363
201606 973.589 98.100 1,118.486
201609 1,380.572 98.000 1,587.658
201612 1,111.312 98.400 1,272.814
201703 1,594.640 98.100 1,831.967
201706 1,045.999 98.500 1,196.793
201709 1,307.563 98.800 1,491.522
201712 1,060.559 99.400 1,202.465
201803 1,665.575 99.200 1,892.241
201806 1,136.334 99.200 1,290.976
201809 1,370.114 99.900 1,545.664
201812 1,272.429 99.700 1,438.343
201903 1,635.362 99.700 1,848.599
201906 1,119.885 99.800 1,264.640
201909 1,538.482 100.100 1,732.137
201912 1,191.007 100.500 1,335.587
202003 1,757.079 100.300 1,974.305
202006 1,127.819 99.900 1,272.324
202009 1,269.523 99.900 1,432.185
202012 984.539 99.300 1,117.397
202103 1,493.449 99.900 1,684.802
202106 1,061.321 99.500 1,202.119
202109 1,144.986 100.100 1,289.110
202112 1,210.850 100.100 1,363.265
202203 1,281.140 101.100 1,428.135
202206 1,173.703 101.800 1,299.375
202209 1,343.354 103.100 1,468.438
202212 1,292.511 104.100 1,399.289
202303 1,313.946 104.400 1,418.407
202306 1,171.089 105.200 1,254.579
202309 1,383.290 106.200 1,467.955
202312 1,417.047 106.800 1,495.330
202403 1,418.875 107.200 1,491.672
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 1,339.414 111.700 1,351.405
202509 1,509.835 112.000 1,519.271
202512 1,546.887 113.000 1,542.780
202603 1,590.843 112.700 1,590.843

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 0.25 mean?
A&A Material (TSE:5391) has a Cyclically Adjusted PS Ratio of 0.25 as of Aug. 08, 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 A&A Material and its competitors. This is 19% above median its historical median of 0.21. Over the past decade, A&A Material's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.31. According to the industry distribution chart, A&A Material ranks #288 out of 1367 companies in the Construction industry, placing it in the top 21.1%.
Is A&A Material's Cyclically Adjusted PS Ratio too high?
A&A Material's current Cyclically Adjusted PS Ratio of 0.25 is 19% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.31. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. A&A Material's value of 0.25 is 64.3% below this industry median. Based on the distribution chart, A&A Material ranks #288 out of 1367 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, A&A Material has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does A&A Material's Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, A&A Material ranks #288 out of 1367 companies for Cyclically Adjusted PS Ratio. This places A&A Material in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. A&A Material's value of 0.25 is 64.3% below this benchmark. Historically, A&A Material's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.31 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.70, A&A Material 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,367 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. A&A Material's current Cyclically Adjusted PS Ratio of 0.25 is 64.3% 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 A&A Material and its competitors. For the Construction 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. A&A Material's current Cyclically Adjusted PS Ratio is 0.25, which is 19% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A&A Material stock overvalued right now?
Based on GuruFocus' analysis, A&A Material (TSE:5391) is currently considered Fairly Valued. The stock's GF Value™ is 円1,391.18, compared to a current price of 円1,468.00 — trading 5.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.25, which is 19% above median its 10-year median of 0.21 and 64.3% below the Construction industry median of 0.70. A&A Material's overall GF Score™ is 70/100 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 A&A Material (TSE:5391), the current Cyclically Adjusted PS Ratio is 0.25 as of Aug. 08, 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 A&A Material (TSE:5391) Overvalued in 2026?

Based on GuruFocus' analysis, A&A Material stock appears to be overvalued. The current stock price of 円1,468.00 is trading 5.5% above its estimated GF Value™ of 円1,391.18. GuruFocus considers A&A Material to be Fairly Valued.

Key valuation signals for TSE:5391:

  • Cyclically Adjusted PS Ratio: 0.25 (19% above median its 10-year median of 0.21)
  • GF Value™: 円1,391.18 vs. price of 円1,468.00 (5.5% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 64.3% below the Construction median (#288 of 1367)

No single metric tells the full story. See the TSE:5391 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


A&A Material Business Description

Address 2-5-5, Tsurumi-chuo, Kanagawa Prefecture, Tsurumi-ku, Yokohama, JPN
A&A Material Corp is engaged in the manufacturing and sales of various industrial materials/equipment such as industrial friction materials, sealing materials, thermal insulation materials, shipbuilding materials, soundproofing materials, and extension couplings. In addition, the company is involved in the design and implementation of thermal insulation, air conditioning, heat insulation, sound insulation, and fire resistant construction.
70GF Score

Get the complete analysis for TSE:5391

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

円1,468.00
Price
円1,391.18
GF Value