Structural Monitoring Systems (ASX:SMN) Cyclically Adjusted PS Ratio: 2.85 (As of Jul. 18, 2026) — 73% Below Median

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ASX:SMN Structural Monitoring Systems PLC ASX:SMN
56 GF Score
Price A$0.37
GF Value A$0.64
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Structural Monitoring Systems Cyclically Adjusted PS Ratio?

Structural Monitoring Systems ASX:SMN 56 Cyclically Adjusted PS Ratio is 2.85 as of Jul. 18, 2026, which is 73% below its 10-year median of 10.72. GuruFocus rates ASX:SMN with a GF Score™ of 56/100 and a GF Value™ of A$0.64 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,976 Hardware companies, Structural Monitoring Systems ranks worse than 66.6% on this metric.

As of today (2026-07-18), Structural Monitoring Systems's current share price is A$0.37. Structural Monitoring Systems's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 was A$0.13. Structural Monitoring Systems's Cyclically Adjusted PS Ratio for today is 2.85.

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

ASX:SMN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.35   Med: 10.72   Max: 286.17
Current: 2.83

During the past 13 years, Structural Monitoring Systems's highest Cyclically Adjusted PS Ratio was 286.17. The lowest was 2.35. And the median was 10.72.

ASX:SMN's Cyclically Adjusted PS Ratio is ranked worse than
66.6% of 1976 companies
in the Hardware industry
Industry Median: 1.425 vs ASX:SMN: 2.83

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.

Structural Monitoring Systems's adjusted revenue per share data of for the fiscal year that ended in Jun25 was A$0.190. 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 A$0.13 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Structural Monitoring Systems  (ASX:SMN) 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.


Structural Monitoring Systems Cyclically Adjusted PS Ratio Related Terms


Structural Monitoring Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Structural Monitoring Systems'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.

Structural Monitoring Systems Cyclically Adjusted PS Ratio Chart

Structural Monitoring Systems 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 6.13 5.26 8.39 3.19 3.09

Structural Monitoring Systems Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.19 0.00 3.09 0.00

ASX:SMN vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Structural Monitoring Systems'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.


Structural Monitoring Systems Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Structural Monitoring Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Structural Monitoring Systems's Cyclically Adjusted PS Ratio falls into.


ASX:SMN
56GF Score
Structural Monitoring Systems PLC ASX:SMN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Structural Monitoring Systems 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.

Structural Monitoring Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.37/0.13
=2.85

* 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.

Structural Monitoring Systems's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Structural Monitoring Systems's adjusted Revenue per Share data for the fiscal year that ended in Jun25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.19/131.5506*131.5506
=0.190

Current CPI (Jun25) = 131.5506.

Structural Monitoring Systems Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.001 0.000
201706 0.003 0.000
201806 0.068 0.000
201906 0.142 0.000
202006 0.163 0.000
202106 0.128 0.000
202206 0.127 0.000
202306 0.168 0.000
202406 0.206 0.000
202506 0.190 131.551 0.190

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 2.85 mean?
Structural Monitoring Systems (ASX:SMN) has a Cyclically Adjusted PS Ratio of 2.85 as of Jul. 18, 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 Structural Monitoring Systems and its competitors. This is 73% below median its historical median of 10.72. Over the past decade, Structural Monitoring Systems' Cyclically Adjusted PS Ratio has ranged from 2.35 to 286.17. According to the industry distribution chart, Structural Monitoring Systems ranks #1316 out of 1976 companies in the Hardware industry, placing it in the top 66.6%.
Is Structural Monitoring Systems' Cyclically Adjusted PS Ratio too high?
Structural Monitoring Systems' current Cyclically Adjusted PS Ratio of 2.85 is 73% below median its 10-year median of 10.72. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 286.17. The Hardware industry median Cyclically Adjusted PS Ratio is 1.43. Structural Monitoring Systems' value of 2.85 is 100% above this industry median. Based on the distribution chart, Structural Monitoring Systems ranks #1316 out of 1976 companies in the Hardware industry, which is below the industry midpoint. Overall, Structural Monitoring Systems has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Structural Monitoring Systems' Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Structural Monitoring Systems ranks #1316 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Structural Monitoring Systems in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.43. Structural Monitoring Systems' value of 2.85 is 100% above this benchmark. Historically, Structural Monitoring Systems' own Cyclically Adjusted PS Ratio has ranged from 2.35 to 286.17 over the past decade. While the company's 10-year median is 10.72 vs. the industry median of 1.43, Structural Monitoring Systems has consistently been above 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.43, based on 1,976 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. Structural Monitoring Systems's current Cyclically Adjusted PS Ratio of 2.85 is 100% above 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 Structural Monitoring Systems and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Structural Monitoring Systems's current Cyclically Adjusted PS Ratio is 2.85, which is 73% below median its own 10-year median of 10.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Structural Monitoring Systems stock overvalued right now?
Based on GuruFocus' analysis, Structural Monitoring Systems (ASX:SMN) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.64, compared to a current price of A$0.37 — trading 42.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.85, which is 73% below median its 10-year median of 10.72 and 100% above the Hardware industry median of 1.43. Structural Monitoring Systems' overall GF Score™ is 56/100 with 3 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 Structural Monitoring Systems (ASX:SMN), the current Cyclically Adjusted PS Ratio is 2.85 as of Jul. 18, 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 Structural Monitoring Systems (ASX:SMN) Overvalued in 2026?

Based on GuruFocus' analysis, Structural Monitoring Systems stock appears to be undervalued. The current stock price of A$0.37 is trading 42.2% below its estimated GF Value™ of A$0.64. GuruFocus considers Structural Monitoring Systems to be Significantly Undervalued.

Key valuation signals for ASX:SMN:

  • Cyclically Adjusted PS Ratio: 2.85 (73% below median its 10-year median of 10.72)
  • GF Value™: A$0.64 vs. price of A$0.37 (42.2% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 100% above the Hardware median (#1316 of 1976)

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


Structural Monitoring Systems Business Description

Address 29 The Avenue, Suite 7, Nedlands, Perth, WA, AUS, 6009
Structural Monitoring Systems PLC is engaged in the design, development and manufacture of avionic products and the provision of contract electronics manufacturing services to the aviation industry as well as implementation of its commercialization for its CVMTM technology. The company operates predominantly in three industries, being Avionics, Contract Manufacturing and Structural Health Monitoring (CVM) with the majority of the revenue deriving from Avionics segment. The main geographic areas that the entity operates in are the USA, Canada and Europe.
56GF Score

Get the complete analysis for ASX:SMN

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

A$0.37
Price
A$0.64
GF Value