Azuma Shipping Co (TSE:9380) Cyclically Adjusted PS Ratio: 0.27 (As of Aug. 15, 2026) — 35% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:9380 Azuma Shipping Co Ltd TSE:9380
60 GF Score
Price 円431.00
GF Value 円325.49
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Azuma Shipping Co Cyclically Adjusted PS Ratio?

Azuma Shipping Co TSE:9380 60 Cyclically Adjusted PS Ratio is 0.27 as of Aug. 15, 2026, which is 35% above its 10-year median of 0.20. GuruFocus rates TSE:9380 with a GF Score™ of 60/100 and a GF Value™ of 円325.49 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 764 Transportation companies, Azuma Shipping Co ranks better than 83.51% on this metric.

As of today (2026-08-15), Azuma Shipping Co's current share price is 円431.00. Azuma Shipping Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,593.43. Azuma Shipping Co's Cyclically Adjusted PS Ratio for today is 0.27.

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

TSE:9380' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.2   Max: 0.33
Current: 0.26

During the past years, Azuma Shipping Co's highest Cyclically Adjusted PS Ratio was 0.33. The lowest was 0.15. And the median was 0.20.

TSE:9380's Cyclically Adjusted PS Ratio is ranked better than
83.51% of 764 companies
in the Transportation industry
Industry Median: 0.915 vs TSE:9380: 0.26

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.

Azuma Shipping Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円369.752. 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1,593.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Azuma Shipping Co  (TSE:9380) 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.


Azuma Shipping Co Cyclically Adjusted PS Ratio Related Terms


Azuma Shipping Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Azuma Shipping 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.

Azuma Shipping Co Cyclically Adjusted PS Ratio Chart

Azuma Shipping 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 0.20 0.19 0.19 0.00 0.25

Azuma Shipping Co 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 0.21 0.24 0.25

Azuma Shipping Co Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, Azuma Shipping 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.


Azuma Shipping Co Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


TSE:9380
60GF Score
Azuma Shipping Co Ltd TSE:9380
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azuma Shipping 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.

Azuma Shipping Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=431.00/1593.43
=0.27

* 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.

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

For example, Azuma Shipping 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)
=369.752/112.7000*112.7000
=369.752

Current CPI (Mar. 2026) = 112.7000.

Azuma Shipping Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 343.132 97.900 395.005
201606 319.151 98.100 366.650
201609 335.258 98.000 385.547
201612 357.272 98.400 409.193
201703 357.284 98.100 410.458
201706 348.118 98.500 398.304
201709 369.980 98.800 422.032
201712 389.512 99.400 441.630
201803 364.462 99.200 414.061
201806 360.986 99.200 410.112
201809 377.428 99.900 425.787
201812 403.092 99.700 455.652
201903 367.891 99.700 415.861
201906 361.955 99.800 408.741
201909 378.159 100.100 425.759
201912 392.014 100.500 439.602
202003 378.329 100.300 425.101
202006 348.869 99.900 393.569
202009 347.196 99.900 391.682
202012 363.501 99.300 412.554
202103 342.844 99.900 386.772
202106 336.395 99.500 381.022
202109 342.343 100.100 385.435
202112 365.866 100.100 411.919
202203 379.253 101.100 422.768
202206 382.312 101.800 423.247
202209 377.408 103.100 412.550
202212 376.646 104.100 407.762
202303 351.960 104.400 379.941
202306 358.046 105.200 383.572
202309 356.174 106.200 377.974
202312 371.957 106.800 392.505
202403 337.547 107.200 354.865
202406 351.955 108.200 366.593
202409 352.017 108.900 364.300
202503 0.000 111.100 0.000
202506 346.898 111.700 350.004
202509 353.403 112.000 355.612
202512 363.010 113.000 362.046
202603 369.752 112.700 369.752

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 0.27 mean?
Azuma Shipping Co (TSE:9380) has a Cyclically Adjusted PS Ratio of 0.27 as of Aug. 15, 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 Azuma Shipping Co and its competitors. This is 35% above median its historical median of 0.20. Over the past decade, Azuma Shipping Co's Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.33. According to the industry distribution chart, Azuma Shipping Co ranks #126 out of 764 companies in the Transportation industry, placing it in the top 16.5%.
Is Azuma Shipping Co's Cyclically Adjusted PS Ratio too high?
Azuma Shipping Co's current Cyclically Adjusted PS Ratio of 0.27 is 35% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.33. The Transportation industry median Cyclically Adjusted PS Ratio is 0.92. Azuma Shipping Co's value of 0.27 is 70.5% below this industry median. Based on the distribution chart, Azuma Shipping Co ranks #126 out of 764 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Azuma Shipping Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azuma Shipping Co's Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, Azuma Shipping Co ranks #126 out of 764 companies for Cyclically Adjusted PS Ratio. This places Azuma Shipping Co in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.92. Azuma Shipping Co's value of 0.27 is 70.5% below this benchmark. Historically, Azuma Shipping Co's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.33 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.92, Azuma Shipping 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.92, 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. Azuma Shipping Co's current Cyclically Adjusted PS Ratio of 0.27 is 70.5% 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 Azuma Shipping Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azuma Shipping Co's current Cyclically Adjusted PS Ratio is 0.27, which is 35% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azuma Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, Azuma Shipping Co (TSE:9380) is currently considered Significantly Overvalued. The stock's GF Value™ is 円325.49, compared to a current price of 円431.00 — trading 32.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.27, which is 35% above median its 10-year median of 0.20 and 70.5% below the Transportation industry median of 0.92. Azuma Shipping Co's overall GF Score™ is 60/100 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 Azuma Shipping Co (TSE:9380), the current Cyclically Adjusted PS Ratio is 0.27 as of Aug. 15, 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 Azuma Shipping Co (TSE:9380) Overvalued in 2026?

Based on GuruFocus' analysis, Azuma Shipping Co stock appears to be overvalued. The current stock price of 円431.00 is trading 32.4% above its estimated GF Value™ of 円325.49. GuruFocus considers Azuma Shipping Co to be Significantly Overvalued.

Key valuation signals for TSE:9380:

  • Cyclically Adjusted PS Ratio: 0.27 (35% above median its 10-year median of 0.20)
  • GF Value™: 円325.49 vs. price of 円431.00 (32.4% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 70.5% below the Transportation median (#126 of 764)

No single metric tells the full story. See the TSE:9380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azuma Shipping Co Business Description

Address 3-2, Nihonbashi Hamacho 3-Chome, Tokyo, JPN
Azuma Shipping Co Ltd is engaged in port transportation, maritime transportation, inland navigation business, freight car transportation, warehousing, sale and repair of the ship, cargo transportation, customs brokerage, supervision and consultancy of new ship creation and repair.
60GF Score

Get the complete analysis for TSE:9380

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

円431.00
Price
円325.49
GF Value