Fuji (TSE:8860) Cyclically Adjusted PS Ratio: 0.21 (As of Aug. 09, 2026) — Near Median

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TSE:8860 Fuji Corp Ltd TSE:8860
72 GF Score
Price 円753.00
GF Value 円882.55
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Fuji Cyclically Adjusted PS Ratio?

Fuji TSE:8860 +0.13% 72 Cyclically Adjusted PS Ratio is 0.21 as of Aug. 09, 2026, which is 9% below its 10-year median of 0.23. GuruFocus rates TSE:8860 with a GF Score™ of 72/100 and a GF Value™ of 円882.55 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,373 Real Estate companies, Fuji ranks better than 89.95% on this metric.

As of today (2026-08-09), Fuji's current share price is 円753.00. Fuji's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,553.74. Fuji's Cyclically Adjusted PS Ratio for today is 0.21.

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

TSE:8860' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.23   Max: 0.45
Current: 0.21

During the past years, Fuji's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.18. And the median was 0.23.

TSE:8860's Cyclically Adjusted PS Ratio is ranked better than
89.95% of 1373 companies
in the Real Estate industry
Industry Median: 1.77 vs TSE:8860: 0.21

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.

Fuji's adjusted revenue per share data for the three months ended in Mar. 2026 was 円918.592. 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3,553.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuji  (TSE:8860) 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.


Fuji Cyclically Adjusted PS Ratio Related Terms


Fuji Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fuji'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.

Fuji Cyclically Adjusted PS Ratio Chart

Fuji 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 0.22 0.22 0.24 0.00 0.23

Fuji Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 0.20 0.23 0.23 0.23

TSE:8860 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Fuji'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.


Fuji Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fuji's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:8860
72GF Score
Fuji Corp Ltd TSE:8860
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuji 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.

Fuji's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=753.00/3553.74
=0.21

* 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.

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

For example, Fuji'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)
=918.592/112.7000*112.7000
=918.592

Current CPI (Mar. 2026) = 112.7000.

Fuji Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 754.423 97.900 868.473
201606 642.706 98.100 738.358
201609 693.630 98.000 797.675
201612 632.234 98.400 724.114
201703 802.274 98.100 921.675
201706 757.649 98.500 866.874
201709 601.283 98.800 685.876
201712 567.569 99.400 643.511
201803 960.968 99.200 1,091.745
201806 744.852 99.200 846.218
201809 739.822 99.900 834.614
201812 737.058 99.700 833.164
201903 1,011.037 99.700 1,142.867
201906 676.739 99.800 764.213
201909 769.083 100.100 865.891
201912 739.804 100.500 829.611
202003 935.886 100.300 1,051.589
202006 660.017 99.900 744.584
202009 918.832 99.900 1,036.560
202012 887.016 99.300 1,006.714
202103 934.097 99.900 1,053.781
202106 749.587 99.500 849.030
202109 822.466 100.100 925.993
202112 704.988 100.100 793.728
202203 1,025.351 101.100 1,142.998
202206 771.557 101.800 854.170
202209 795.739 103.100 869.833
202212 844.648 104.100 914.427
202303 781.468 104.400 843.596
202306 756.972 105.200 810.939
202309 707.829 106.200 751.152
202312 876.947 106.800 925.393
202403 1,000.906 107.200 1,052.258
202406 849.095 108.200 884.409
202409 806.766 108.900 834.918
202503 0.000 111.100 0.000
202506 1,028.210 111.700 1,037.415
202509 957.531 112.000 963.516
202512 931.009 113.000 928.537
202603 918.592 112.700 918.592

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 0.21 mean?
Fuji (TSE:8860) has a Cyclically Adjusted PS Ratio of 0.21 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 Fuji and its competitors. This is near median its historical median of 0.23. Over the past decade, Fuji's Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.45. According to the industry distribution chart, Fuji ranks #138 out of 1373 companies in the Real Estate industry, placing it in the top 10.1%.
Is Fuji's Cyclically Adjusted PS Ratio too high?
Fuji's current Cyclically Adjusted PS Ratio of 0.21 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.45. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.77. Fuji's value of 0.21 is 88.1% below this industry median. Based on the distribution chart, Fuji ranks #138 out of 1373 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Fuji has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fuji's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fuji ranks #138 out of 1373 companies for Cyclically Adjusted PS Ratio. This places Fuji in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.77. Fuji's value of 0.21 is 88.1% below this benchmark. Historically, Fuji's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.45 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.77, Fuji 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.77, based on 1,373 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. Fuji's current Cyclically Adjusted PS Ratio of 0.21 is 88.1% 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 Fuji and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuji's current Cyclically Adjusted PS Ratio is 0.21, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuji stock overvalued right now?
Based on GuruFocus' analysis, Fuji (TSE:8860) is currently considered Modestly Undervalued. The stock's GF Value™ is 円882.55, compared to a current price of 円753.00 — trading 14.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is near median its 10-year median of 0.23 and 88.1% below the Real Estate industry median of 1.77. Fuji's overall GF Score™ is 72/100 with 2 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 Fuji (TSE:8860), the current Cyclically Adjusted PS Ratio is 0.21 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 Fuji (TSE:8860) Overvalued in 2026?

Based on GuruFocus' analysis, Fuji stock appears to be undervalued. The current stock price of 円753.00 is trading 14.7% below its estimated GF Value™ of 円882.55. GuruFocus considers Fuji to be Modestly Undervalued.

Key valuation signals for TSE:8860:

  • Cyclically Adjusted PS Ratio: 0.21 (near median its 10-year median of 0.23)
  • GF Value™: 円882.55 vs. price of 円753.00 (14.7% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 88.1% below the Real Estate median (#138 of 1373)

No single metric tells the full story. See the TSE:8860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuji Business Description

Address 1-4-23, Habu-cho, Kishiwada, JPN
Fuji Corp Ltd is engaged in the design, construction, and sale of real estate properties. Its property portfolio comprises condominiums, single-family homes, and apartments.
72GF Score

Get the complete analysis for TSE:8860

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

円753.00
Price
円882.55
GF Value