Aigan Co (TSE:9854) Cyclically Adjusted PS Ratio: 0.33 (As of Aug. 06, 2026) — 38% Above Median

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TSE:9854 Aigan Co Ltd TSE:9854
62 GF Score
Price 円280.00
GF Value 円190.35
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Aigan Co Cyclically Adjusted PS Ratio?

Aigan Co TSE:9854 +6.06% 62 Cyclically Adjusted PS Ratio is 0.33 as of Aug. 06, 2026, which is 38% above its 10-year median of 0.24. GuruFocus rates TSE:9854 with a GF Score™ of 62/100 and a GF Value™ of 円190.35 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 796 Retail - Cyclical companies, Aigan Co ranks better than 67.71% on this metric.

As of today (2026-08-06), Aigan Co's current share price is 円280.00. Aigan Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was 円846.93. Aigan Co's Cyclically Adjusted PS Ratio for today is 0.33.

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

TSE:9854' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.24   Max: 0.75
Current: 0.3

During the past 13 years, Aigan Co's highest Cyclically Adjusted PS Ratio was 0.75. The lowest was 0.17. And the median was 0.24.

TSE:9854's Cyclically Adjusted PS Ratio is ranked better than
67.71% of 796 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs TSE:9854: 0.30

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.

Aigan Co's adjusted revenue per share data of for the fiscal year that ended in Mar26 was 円787.540. 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846.93 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aigan Co  (TSE:9854) 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.


Aigan Co Cyclically Adjusted PS Ratio Related Terms


Aigan Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aigan 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.

Aigan Co Cyclically Adjusted PS Ratio Chart

Aigan 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 0.23 0.20 0.23 0.17 0.28

Aigan Co 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 0.23 0.00 0.17 0.00 0.28

TSE:9854 vs CASY, WSM, ULTA: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Aigan 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.


Aigan Co Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aigan Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:9854
62GF Score
Aigan Co Ltd TSE:9854
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aigan 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=280.00/846.93
=0.33

* 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.

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

For example, Aigan Co'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)
=787.54/112.7000*112.7000
=787.540

Current CPI (Mar26) = 112.7000.

Aigan Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 822.187 98.100 944.551
201803 842.127 99.200 956.731
201903 836.305 99.700 945.352
202003 794.981 100.300 893.264
202103 698.820 99.900 788.358
202203 711.290 101.100 792.902
202303 731.592 104.400 789.755
202403 755.294 107.200 794.045
202503 765.858 111.100 776.887
202603 787.540 112.700 787.540

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 0.33 mean?
Aigan Co (TSE:9854) has a Cyclically Adjusted PS Ratio of 0.33 as of Aug. 06, 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 Aigan Co and its competitors. This is 38% above median its historical median of 0.24. Over the past decade, Aigan Co's Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.75. According to the industry distribution chart, Aigan Co ranks #257 out of 796 companies in the Retail - Cyclical industry, placing it in the top 32.3%.
Is Aigan Co's Cyclically Adjusted PS Ratio too high?
Aigan Co's current Cyclically Adjusted PS Ratio of 0.33 is 38% above median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.75. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Aigan Co's value of 0.33 is 32.7% below this industry median. Based on the distribution chart, Aigan Co ranks #257 out of 796 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Aigan Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aigan Co's Cyclically Adjusted PS Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Aigan Co ranks #257 out of 796 companies for Cyclically Adjusted PS Ratio. This puts Aigan Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Aigan Co's value of 0.33 is 32.7% below this benchmark. Historically, Aigan Co's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.75 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.49, Aigan 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 796 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. Aigan Co's current Cyclically Adjusted PS Ratio of 0.33 is 32.7% 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 Aigan Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aigan Co's current Cyclically Adjusted PS Ratio is 0.33, which is 38% above median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aigan Co stock overvalued right now?
Based on GuruFocus' analysis, Aigan Co (TSE:9854) is currently considered Significantly Overvalued. The stock's GF Value™ is 円190.35, compared to a current price of 円280.00 — trading 47.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.33, which is 38% above median its 10-year median of 0.24 and 32.7% below the Retail - Cyclical industry median of 0.49. Aigan Co's overall GF Score™ is 62/100 with 1 warning sign 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 Aigan Co (TSE:9854), the current Cyclically Adjusted PS Ratio is 0.33 as of Aug. 06, 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 Aigan Co (TSE:9854) Overvalued in 2026?

Based on GuruFocus' analysis, Aigan Co stock appears to be overvalued. The current stock price of 円280.00 is trading 47.1% above its estimated GF Value™ of 円190.35. GuruFocus considers Aigan Co to be Significantly Overvalued.

Key valuation signals for TSE:9854:

  • Cyclically Adjusted PS Ratio: 0.33 (38% above median its 10-year median of 0.24)
  • GF Value™: 円190.35 vs. price of 円280.00 (47.1% above fair value)
  • GF Score™: 62/100 with 1 warning sign
  • Industry Position: 32.7% below the Retail - Cyclical median (#257 of 796)

No single metric tells the full story. See the TSE:9854 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aigan Co Business Description

Address 4-9-12 Daido Tennoji-Ku, Osaka, JPN
Aigan Co Ltd develops eyeglasses specialty store that sells eyeglasses and other related products in Japan. Its main products consist of lenses, frames, contact lenses, sunglasses, and other accessories.
62GF Score

Get the complete analysis for TSE:9854

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

円280.00
Price
円190.35
GF Value