Aoyama Zaisan Networks Co (TSE:8929) PS Ratio: 0.82 (As of Jul. 19, 2026) — 12% Below Median

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TSE:8929 Aoyama Zaisan Networks Co Ltd TSE:8929
87 GF Score
Price 円1,289.00
GF Value 円1,430.25
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Aoyama Zaisan Networks Co PS Ratio?

Aoyama Zaisan Networks Co TSE:8929 -0.23% 87 PS Ratio is 0.82 as of Jul. 19, 2026, which is 12% below its 10-year median of 0.93. GuruFocus rates TSE:8929 with a GF Score™ of 87/100 and a GF Value™ of 円1,430.25 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,745 Real Estate companies, Aoyama Zaisan Networks Co ranks better than 75.53% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Aoyama Zaisan Networks Co's share price is 円1289.00. Aoyama Zaisan Networks Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was 円1,578.04. Hence, Aoyama Zaisan Networks Co's PS Ratio for today is 0.82.

Good Sign:

Aoyama Zaisan Networks Co Ltd stock PS Ratio (=0.74) is close to 3-year low of 0.69.

The historical rank and industry rank for Aoyama Zaisan Networks Co's PS Ratio or its related term are showing as below:

TSE:8929' s PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.93   Max: 1.88
Current: 0.82

During the past 13 years, Aoyama Zaisan Networks Co's highest PS Ratio was 1.88. The lowest was 0.45. And the median was 0.93.

TSE:8929's PS Ratio is ranked better than
75.53% of 1745 companies
in the Real Estate industry
Industry Median: 2.39 vs TSE:8929: 0.82

Aoyama Zaisan Networks Co's Revenue per Sharefor the three months ended in Dec. 2025 was 円319.35. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was 円1,578.04.

Warning Sign:

Aoyama Zaisan Networks Co Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Aoyama Zaisan Networks Co was -7.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 5.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 18.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 13.60% per year.

During the past 13 years, Aoyama Zaisan Networks Co's highest 3-Year average Revenue per Share Growth Rate was 29.70% per year. The lowest was -19.80% per year. And the median was 9.10% per year.

Back to Basics: PS Ratio


Aoyama Zaisan Networks Co  (TSE:8929) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Aoyama Zaisan Networks Co PS Ratio Related Terms


Aoyama Zaisan Networks Co PS Ratio Historical Data

* Premium members only.

The historical data trend for Aoyama Zaisan Networks Co's 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.

Aoyama Zaisan Networks Co PS Ratio Chart

Aoyama Zaisan Networks Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 0.73 0.70 1.02 0.91

Aoyama Zaisan Networks Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.97 0.93 1.03 0.91 0.00

TSE:8929 vs CBRE, BEKE, JLL: PS Ratio Comparison

For the Real Estate Services subindustry, Aoyama Zaisan Networks Co's PS Ratio, along with its competitors' market caps and 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.


Aoyama Zaisan Networks Co PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Aoyama Zaisan Networks Co's PS Ratio distribution charts can be found below:

* The bar in red indicates where Aoyama Zaisan Networks Co's PS Ratio falls into.


TSE:8929
87GF Score
Aoyama Zaisan Networks Co Ltd TSE:8929
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aoyama Zaisan Networks Co PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Aoyama Zaisan Networks Co's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=1289.00/1578.035
=0.82

Aoyama Zaisan Networks Co's Share Price of today is 円1289.00.
Aoyama Zaisan Networks Co's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,578.04.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 0.82 mean?
Aoyama Zaisan Networks Co (TSE:8929) has a PS Ratio of 0.82 as of Jul. 19, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Aoyama Zaisan Networks Co and its competitors. This is 12% below median its historical median of 0.93. Over the past decade, Aoyama Zaisan Networks Co's PS Ratio has ranged from 0.45 to 1.88. According to the industry distribution chart, Aoyama Zaisan Networks Co ranks #427 out of 1745 companies in the Real Estate industry, placing it in the top 24.5%.
Is Aoyama Zaisan Networks Co's PS Ratio too high?
Aoyama Zaisan Networks Co's current PS Ratio of 0.82 is 12% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.88. The Real Estate industry median PS Ratio is 2.39. Aoyama Zaisan Networks Co's value of 0.82 is 65.7% below this industry median. Based on the distribution chart, Aoyama Zaisan Networks Co ranks #427 out of 1745 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Aoyama Zaisan Networks Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aoyama Zaisan Networks Co's PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Aoyama Zaisan Networks Co ranks #427 out of 1745 companies for PS Ratio. This places Aoyama Zaisan Networks Co in the top 25% of its industry — outperforming the majority of peers. The industry median PS Ratio is 2.39. Aoyama Zaisan Networks Co's value of 0.82 is 65.7% below this benchmark. Historically, Aoyama Zaisan Networks Co's own PS Ratio has ranged from 0.45 to 1.88 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 2.39, Aoyama Zaisan Networks 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 PS Ratio for a Real Estate company?
The median PS Ratio among Real Estate companies is 2.39, based on 1,745 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aoyama Zaisan Networks Co's current PS Ratio of 0.82 is 65.7% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Aoyama Zaisan Networks Co and its competitors. For the Real Estate industry, the median PS Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aoyama Zaisan Networks Co's current PS Ratio is 0.82, which is 12% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoyama Zaisan Networks Co stock overvalued right now?
Based on GuruFocus' analysis, Aoyama Zaisan Networks Co (TSE:8929) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,430.25, compared to a current price of 円1,289.00 — trading 9.9% below its estimated fair value. The current PS Ratio is 0.82, which is 12% below median its 10-year median of 0.93 and 65.7% below the Real Estate industry median of 2.39. Aoyama Zaisan Networks Co's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Aoyama Zaisan Networks Co (TSE:8929), the current PS Ratio is 0.82 as of Jul. 19, 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 Aoyama Zaisan Networks Co (TSE:8929) Overvalued in 2026?

Based on GuruFocus' analysis, Aoyama Zaisan Networks Co stock appears to be undervalued. The current stock price of 円1,289.00 is trading 9.9% below its estimated GF Value™ of 円1,430.25. GuruFocus considers Aoyama Zaisan Networks Co to be Modestly Undervalued.

Key valuation signals for TSE:8929:

  • PS Ratio: 0.82 (12% below median its 10-year median of 0.93)
  • GF Value™: 円1,430.25 vs. price of 円1,289.00 (9.9% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 65.7% below the Real Estate median (#427 of 1745)

No single metric tells the full story. See the TSE:8929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aoyama Zaisan Networks Co Business Description

Address 8-4-14 Akasaka, Aoyama Tower Place, 3rd floor, Minato-ku, Tokyo, JPN, 107 0052
Aoyama Zaisan Networks Co Ltd is engaged in the provision of consulting services of asset transferring, maintenance and operation, among others. It is also engaged in corporate finance consulting and real estate solutions consulting in Japan.
87GF Score

Get the complete analysis for TSE:8929

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

円1,289.00
Price
円1,430.25
GF Value