Area Quest (TSE:8912) Cyclically Adjusted PS Ratio: (As of Aug. 01, 2026)

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.
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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:8912 Area Quest Inc TSE:8912
74 GF Score
Price 円152.00
GF Value 円131.77
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Area Quest Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Area Quest  (TSE:8912) 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.


Area Quest Cyclically Adjusted PS Ratio Related Terms


Area Quest Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Area Quest'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.

Area Quest Cyclically Adjusted PS Ratio Chart

Area Quest Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 1.00 0.96 1.37 1.31

Area Quest Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1.38 1.31 1.24 0.00 0.00

TSE:8912 vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Area Quest'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.


Area Quest Cyclically Adjusted PS Ratio vs Real Estate Industry

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

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


TSE:8912
74GF Score
Area Quest Inc TSE:8912
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Area Quest 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.

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

For example, Area Quest'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)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

Area Quest Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 20.453 98.100 23.560
201603 20.930 97.900 24.158
201606 21.928 98.100 25.259
201609 22.355 98.000 25.777
201612 22.974 98.400 26.383
201703 22.452 98.100 25.862
201706 36.286 98.500 41.628
201709 48.075 98.800 54.985
201712 23.209 99.400 26.384
201803 23.820 99.200 27.134
201806 23.789 99.200 27.098
201809 38.082 99.900 43.076
201812 25.611 99.700 29.028
201903 26.816 99.700 30.393
201906 27.347 99.800 30.964
201909 27.085 100.100 30.575
201912 27.263 100.500 30.654
202003 26.994 100.300 30.412
202006 25.642 99.900 29.004
202009 27.275 99.900 30.852
202012 25.647 99.300 29.185
202103 26.449 99.900 29.917
202106 26.447 99.500 30.035
202109 26.510 100.100 29.926
202112 26.135 100.100 29.503
202203 27.488 101.100 30.723
202206 28.303 101.800 31.417
202209 29.316 103.100 32.131
202212 29.849 104.100 32.401
202303 31.879 104.400 34.505
202306 31.083 105.200 33.388
202309 32.003 106.200 34.052
202312 34.528 106.800 36.532
202403 33.650 107.200 35.471
202406 34.006 108.200 35.515
202412 0.000 110.700 0.000
202503 42.852 111.100 43.585
202506 36.990 111.700 37.421
202509 38.754 112.000 39.100
202512 0.000 113.000 0.000

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 Area Quest (TSE:8912) Overvalued in 2026?

Based on GuruFocus' analysis, Area Quest stock appears to be overvalued. The current stock price of 円152.00 is trading 15.4% above its estimated GF Value™ of 円131.77. GuruFocus considers Area Quest to be Modestly Overvalued.

Key valuation signals for TSE:8912:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円131.77 vs. price of 円152.00 (15.4% above fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the TSE:8912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Area Quest Business Description

Address 7th Floor, 6-5-1 Nishi Shinjuku, Shinjuku Island Tower, Shinjuku-ku, Tokyo, JPN, 163-1307
Area Quest Inc operates as a real estate business solution provider. The business of the company includes tenant invitation, update and contract management, and building management.
74GF Score

Get the complete analysis for TSE:8912

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

円152.00
Price
円131.77
GF Value