Star Flyer (TSE:9206) Cyclically Adjusted PS Ratio: 0.16 (As of Aug. 16, 2026) — 27% Below Median

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TSE:9206 Star Flyer Inc TSE:9206
50 GF Score
Price 円1,915.00
GF Value 円2,876.59
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Star Flyer Cyclically Adjusted PS Ratio?

Star Flyer TSE:9206 50 Cyclically Adjusted PS Ratio is 0.16 as of Aug. 16, 2026, which is 27% below its 10-year median of 0.22. GuruFocus rates TSE:9206 with a GF Score™ of 50/100 and a GF Value™ of 円2,876.59 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 764 Transportation companies, Star Flyer ranks better than 89.92% on this metric.

As of today (2026-08-16), Star Flyer's current share price is 円1915.00. Star Flyer's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was 円12,053.14. Star Flyer's Cyclically Adjusted PS Ratio for today is 0.16.

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

TSE:9206' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.22   Max: 0.29
Current: 0.16

During the past 13 years, Star Flyer's highest Cyclically Adjusted PS Ratio was 0.29. The lowest was 0.16. And the median was 0.22.

TSE:9206's Cyclically Adjusted PS Ratio is ranked better than
89.92% of 764 companies
in the Transportation industry
Industry Median: 0.905 vs TSE:9206: 0.16

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.

Star Flyer's adjusted revenue per share data of for the fiscal year that ended in Mar26 was 円11,838.002. 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12,053.14 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Star Flyer  (TSE:9206) 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.


Star Flyer Cyclically Adjusted PS Ratio Related Terms


Star Flyer Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Star Flyer'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.

Star Flyer Cyclically Adjusted PS Ratio Chart

Star Flyer 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 0.21 0.21 0.24 0.21 0.17

Star Flyer Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.24 0.00 0.21 0.00 0.17

TSE:9206 vs DAL, UAL, LUV: Cyclically Adjusted PS Ratio Comparison

For the Airlines subindustry, Star Flyer'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.


Star Flyer Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Star Flyer's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9206
50GF Score
Star Flyer Inc TSE:9206
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Flyer 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.

Star Flyer's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1915.00/12053.14
=0.16

* 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.

Star Flyer's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Star Flyer's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=11838.002/112.7000*112.7000
=11,838.002

Current CPI (Mar26) = 112.7000.

Star Flyer Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 12,172.017 98.100 13,983.551
201803 13,296.684 99.200 15,106.213
201903 13,939.616 99.700 15,757.219
202003 14,106.806 100.300 15,850.818
202103 6,385.340 99.900 7,203.482
202203 7,352.470 101.100 8,196.077
202303 9,135.013 104.400 9,861.264
202403 10,680.278 107.200 11,228.240
202503 11,343.205 111.100 11,506.563
202603 11,838.002 112.700 11,838.002

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 0.16 mean?
Star Flyer (TSE:9206) has a Cyclically Adjusted PS Ratio of 0.16 as of Aug. 16, 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 Star Flyer and its competitors. This is 27% below median its historical median of 0.22. Over the past decade, Star Flyer's Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.29. According to the industry distribution chart, Star Flyer ranks #77 out of 764 companies in the Transportation industry, placing it in the top 10.1%.
Is Star Flyer's Cyclically Adjusted PS Ratio too high?
Star Flyer's current Cyclically Adjusted PS Ratio of 0.16 is 27% below median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.29. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Star Flyer's value of 0.16 is 82.3% below this industry median. Based on the distribution chart, Star Flyer ranks #77 out of 764 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Star Flyer has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Flyer's Cyclically Adjusted PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Star Flyer ranks #77 out of 764 companies for Cyclically Adjusted PS Ratio. This places Star Flyer in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.91. Star Flyer's value of 0.16 is 82.3% below this benchmark. Historically, Star Flyer's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 0.29 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.91, Star Flyer 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.91, based on 764 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. Star Flyer's current Cyclically Adjusted PS Ratio of 0.16 is 82.3% 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 Star Flyer and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Flyer's current Cyclically Adjusted PS Ratio is 0.16, which is 27% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Flyer stock overvalued right now?
Based on GuruFocus' analysis, Star Flyer (TSE:9206) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,876.59, compared to a current price of 円1,915.00 — trading 33.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.16, which is 27% below median its 10-year median of 0.22 and 82.3% below the Transportation industry median of 0.91. Star Flyer's overall GF Score™ is 50/100 with 4 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 Star Flyer (TSE:9206), the current Cyclically Adjusted PS Ratio is 0.16 as of Aug. 16, 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 Star Flyer (TSE:9206) Overvalued in 2026?

Based on GuruFocus' analysis, Star Flyer stock appears to be undervalued. The current stock price of 円1,915.00 is trading 33.4% below its estimated GF Value™ of 円2,876.59. GuruFocus considers Star Flyer to be Significantly Undervalued.

Key valuation signals for TSE:9206:

  • Cyclically Adjusted PS Ratio: 0.16 (27% below median its 10-year median of 0.22)
  • GF Value™: 円2,876.59 vs. price of 円1,915.00 (33.4% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 82.3% below the Transportation median (#77 of 764)

No single metric tells the full story. See the TSE:9206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Star Flyer Business Description

Address 6 Kuko Kitamachi, Starflyer Kitakyushu Airport Headquarters Building, Kokuraminami-ku, Kitakyushu, Fukuoka, JPN, 800-0306
Star Flyer Inc operates as an airline carrier in the aviation industry. The company provides air transportation services for passengers, baggage, and cargo. Star Flyer also offers shuttle services between key Japanese cities.
50GF Score

Get the complete analysis for TSE:9206

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

円1,915.00
Price
円2,876.59
GF Value