Japan Asia Investment Co (TSE:8518) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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TSE:8518 Japan Asia Investment Co Ltd TSE:8518
55 GF Score
Price 円155.00
GF Value 円170.61
Valuation Fairly Valued
! 4 Warning Signs
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What is Japan Asia Investment Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Asia Investment Co  (TSE:8518) 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.


Japan Asia Investment Co Cyclically Adjusted PS Ratio Related Terms


Japan Asia Investment Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Japan Asia Investment 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.

Japan Asia Investment Co Cyclically Adjusted PS Ratio Chart

Japan Asia Investment 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 0.59 0.74 0.76 1.09 0.65

Japan Asia Investment Co 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 0.94 0.94 0.84 0.68 0.54

TSE:8518 vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Japan Asia Investment 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.


Japan Asia Investment Co Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Japan Asia Investment Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:8518
55GF Score
Japan Asia Investment Co Ltd TSE:8518
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Japan Asia Investment 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.

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

For example, Japan Asia Investment Co'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)
=34.478/113.6000*113.6000
=34.478

Current CPI (Jun. 2026) = 113.6000.

Japan Asia Investment Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 49.450 98.000 57.322
201612 104.085 98.400 120.163
201703 53.508 98.100 61.962
201706 34.936 98.500 40.292
201709 230.074 98.800 264.539
201712 34.808 99.400 39.781
201803 112.651 99.200 129.004
201806 0.395 99.200 0.452
201809 42.308 99.900 48.110
201812 50.838 99.700 57.926
201903 88.270 99.700 100.576
201906 27.171 99.800 30.928
201909 49.200 100.100 55.835
201912 25.475 100.500 28.796
202003 130.821 100.300 148.168
202006 35.248 99.900 40.082
202009 36.151 99.900 41.109
202012 96.761 99.300 110.695
202103 41.281 99.900 46.942
202106 28.413 99.500 32.439
202109 28.978 100.100 32.886
202112 94.050 100.100 106.734
202203 29.025 101.100 32.614
202206 22.030 101.800 24.584
202209 40.670 103.100 44.812
202212 127.998 104.100 139.679
202303 27.904 104.400 30.363
202306 49.709 105.200 53.678
202309 21.804 106.200 23.323
202312 25.984 106.800 27.638
202403 40.501 107.200 42.919
202406 45.783 108.200 48.068
202409 27.515 108.900 28.703
202412 53.993 110.700 55.407
202503 20.760 111.100 21.227
202506 13.059 111.700 13.281
202509 21.886 112.000 22.199
202512 19.981 113.000 20.087
202603 34.251 112.700 34.525
202606 34.478 113.600 34.478

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 Japan Asia Investment Co (TSE:8518) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Asia Investment Co stock appears to be undervalued. The current stock price of 円155.00 is trading 9.1% below its estimated GF Value™ of 円170.61. GuruFocus considers Japan Asia Investment Co to be Fairly Valued.

Key valuation signals for TSE:8518:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円170.61 vs. price of 円155.00 (9.1% below fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the TSE:8518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Asia Investment Co Business Description

Other Exchanges JAN:Germany
Address 2-4, Kudankita 3-chome, Chiyoda-ku, Tokyo, JPN
Japan Asia Investment Co Ltd (JAIC) provides growth capital to venture companies and small and medium-sized enterprise (SME). The company provides various support to achieve growth strategies of the company by utilizing JAIC's resources in Japan and elsewhere in Asia.
55GF Score

Get the complete analysis for TSE:8518

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

円155.00
Price
円170.61
GF Value