Aoyama Trading Co (TSE:8219) Cyclically Adjusted PS Ratio: 0.49 (As of Aug. 09, 2026) — 32% Above Median

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TSE:8219 Aoyama Trading Co Ltd TSE:8219
71 GF Score
Price 円737.00
GF Value 円650.68
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Aoyama Trading Co Cyclically Adjusted PS Ratio?

Aoyama Trading Co TSE:8219 -0.14% 71 Cyclically Adjusted PS Ratio is 0.49 as of Aug. 09, 2026, which is 32% above its 10-year median of 0.37. GuruFocus rates TSE:8219 with a GF Score™ of 71/100 and a GF Value™ of 円650.68 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 804 Retail - Cyclical companies, Aoyama Trading Co ranks better than 51% on this metric.

As of today (2026-08-09), Aoyama Trading Co's current share price is 円737.00. Aoyama Trading Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,511.37. Aoyama Trading Co's Cyclically Adjusted PS Ratio for today is 0.49.

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

TSE:8219' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.37   Max: 1.18
Current: 0.49

During the past years, Aoyama Trading Co's highest Cyclically Adjusted PS Ratio was 1.18. The lowest was 0.11. And the median was 0.37.

TSE:8219's Cyclically Adjusted PS Ratio is ranked better than
51% of 804 companies
in the Retail - Cyclical industry
Industry Median: 0.5 vs TSE:8219: 0.49

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.

Aoyama Trading Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円417.327. 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1,511.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aoyama Trading Co  (TSE:8219) 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.


Aoyama Trading Co Cyclically Adjusted PS Ratio Related Terms


Aoyama Trading Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aoyama Trading 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.

Aoyama Trading Co Cyclically Adjusted PS Ratio Chart

Aoyama Trading 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 0.16 0.22 0.39 0.44 0.53

Aoyama Trading 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 0.44 0.48 0.53 0.55 0.53

TSE:8219 vs TJX, ROST, BURL: Cyclically Adjusted PS Ratio Comparison

For the Apparel Retail subindustry, Aoyama Trading 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.


Aoyama Trading Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aoyama Trading Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:8219
71GF Score
Aoyama Trading Co Ltd TSE:8219
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aoyama Trading 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=737.00/1511.37
=0.49

* 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.

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

For example, Aoyama Trading 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)
=417.327/112.7000*112.7000
=417.327

Current CPI (Mar. 2026) = 112.7000.

Aoyama Trading Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 373.416 98.100 428.991
201609 294.384 98.000 338.542
201612 418.291 98.400 479.079
201703 518.198 98.100 595.320
201706 389.425 98.500 445.565
201709 313.280 98.800 357.355
201712 430.714 99.400 488.345
201803 534.681 99.200 607.445
201806 387.628 99.200 440.380
201809 310.220 99.900 349.968
201812 421.657 99.700 476.637
201903 546.136 99.700 617.347
201906 372.294 99.800 420.416
201909 307.198 100.100 345.866
201912 362.472 100.500 406.474
202003 411.082 100.300 461.904
202006 193.422 99.900 218.205
202009 215.554 99.900 243.173
202012 299.258 99.300 339.641
202103 372.721 99.900 420.477
202106 252.865 99.500 286.411
202109 196.463 100.100 221.193
202112 295.761 100.100 332.990
202203 365.452 101.100 407.383
202206 276.493 101.800 306.098
202209 244.094 103.100 266.822
202212 313.808 104.100 339.733
202303 406.813 104.400 439.155
202306 296.286 105.200 317.409
202309 258.807 106.200 274.647
202312 322.316 106.800 340.122
202403 417.547 107.200 438.970
202406 300.796 108.200 313.306
202409 264.208 108.900 273.427
202412 321.684 110.700 327.496
202503 427.311 111.100 433.465
202506 300.129 111.700 302.816
202509 263.102 112.000 264.746
202512 329.888 113.000 329.012
202603 417.327 112.700 417.327

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 0.49 mean?
Aoyama Trading Co (TSE:8219) has a Cyclically Adjusted PS Ratio of 0.49 as of Aug. 09, 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 Aoyama Trading Co and its competitors. This is 32% above median its historical median of 0.37. Over the past decade, Aoyama Trading Co's Cyclically Adjusted PS Ratio has ranged from 0.11 to 1.18. According to the industry distribution chart, Aoyama Trading Co ranks #394 out of 804 companies in the Retail - Cyclical industry, placing it in the top 49%.
Is Aoyama Trading Co's Cyclically Adjusted PS Ratio too high?
Aoyama Trading Co's current Cyclically Adjusted PS Ratio of 0.49 is 32% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.18. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. Aoyama Trading Co's value of 0.49 is 2% below this industry median. Based on the distribution chart, Aoyama Trading Co ranks #394 out of 804 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Aoyama Trading Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Trading Co's Cyclically Adjusted PS Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Aoyama Trading Co ranks #394 out of 804 companies for Cyclically Adjusted PS Ratio. This puts Aoyama Trading Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. Aoyama Trading Co's value of 0.49 is 2% below this benchmark. Historically, Aoyama Trading Co's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 1.18 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.50, Aoyama Trading 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.50, based on 804 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. Aoyama Trading Co's current Cyclically Adjusted PS Ratio of 0.49 is 2% 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 Aoyama Trading Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Trading Co's current Cyclically Adjusted PS Ratio is 0.49, which is 32% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Trading Co (TSE:8219) is currently considered Modestly Overvalued. The stock's GF Value™ is 円650.68, compared to a current price of 円737.00 — trading 13.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.49, which is 32% above median its 10-year median of 0.37 and 2% below the Retail - Cyclical industry median of 0.50. Aoyama Trading Co's overall GF Score™ is 71/100 with 3 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 Aoyama Trading Co (TSE:8219), the current Cyclically Adjusted PS Ratio is 0.49 as of Aug. 09, 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 Aoyama Trading Co (TSE:8219) Overvalued in 2026?

Based on GuruFocus' analysis, Aoyama Trading Co stock appears to be overvalued. The current stock price of 円737.00 is trading 13.3% above its estimated GF Value™ of 円650.68. GuruFocus considers Aoyama Trading Co to be Modestly Overvalued.

Key valuation signals for TSE:8219:

  • Cyclically Adjusted PS Ratio: 0.49 (32% above median its 10-year median of 0.37)
  • GF Value™: 円650.68 vs. price of 円737.00 (13.3% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 2% below the Retail - Cyclical median (#394 of 804)

No single metric tells the full story. See the TSE:8219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aoyama Trading Co Business Description

Other Exchanges 9B7:Germany
Address 1-3-5 Ojimachi, Hiroshima Prefecture, Fukuyama, JPN, 721-8556
Aoyama Trading Co Ltd is an apparel retailer specializing in business wear. Men's business wear accounts for roughly two thirds of the company's total sales, while women's business wear accounts for roughly 10%. Business wear stores include Yofuku-no-Aoyama, which is the company's primary brand and has nearly 800 locations; The Suit Company; and Next Blue. Other business segments include casual wear, with store brands including Universal Language and Calaja; credit cards; printing and media; and total repair service, which includes the company's Mister Minit stores, providing repair services such as shoe repair and key duplication. Aoyama's sales are primarily in Japan, but the firm has business throughout the Asia-Pacific region.
71GF Score

Get the complete analysis for TSE:8219

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

円737.00
Price
円650.68
GF Value