Menicon Co (FRA:5FR) Cyclically Adjusted PS Ratio: 0.93 (As of Sep. 17, 2026) — 21% Below Median

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FRA:5FR Menicon Co Ltd FRA:5FR
82 GF Score
Price €9.25
GF Value €9.51
! 3 Warning Signs
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What is Menicon Co Cyclically Adjusted PS Ratio?

Menicon Co FRA:5FR +0.54% 82 Cyclically Adjusted PS Ratio is 0.93 as of Sep. 17, 2026, which is 21% below its 10-year median of 1.17. GuruFocus rates FRA:5FR with a GF Score™ of 82/100 and a GF Value™ of €9.51. The stock has 3 warning signs investors should review. Among 529 Medical Devices & Instruments companies, Menicon Co ranks better than 64.65% on this metric.

As of today (2026-09-17), Menicon Co's current share price is €9.25. Menicon Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €9.94. Menicon Co's Cyclically Adjusted PS Ratio for today is 0.93.

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

FRA:5FR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.17   Max: 1.54
Current: 1.22

During the past years, Menicon Co's highest Cyclically Adjusted PS Ratio was 1.54. The lowest was 0.78. And the median was 1.17.

FRA:5FR's Cyclically Adjusted PS Ratio is ranked better than
64.65% of 529 companies
in the Medical Devices & Instruments industry
Industry Median: 2.22 vs FRA:5FR: 1.22

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.

Menicon Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.326. 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 €9.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Menicon Co  (FRA:5FR) 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.


Menicon Co Cyclically Adjusted PS Ratio Related Terms


Menicon Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Menicon 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.

Menicon Co Cyclically Adjusted PS Ratio Chart

Menicon 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 2.54 2.19 1.02 0.80 0.91

Menicon Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.65 0.65 0.84 0.90 0.85

FRA:5FR vs ISRG, BDX, RMD: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Menicon 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.


Menicon Co Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Menicon Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:5FR
82GF Score
Menicon Co Ltd FRA:5FR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Menicon 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.25/9.944
=0.93

* 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.

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

For example, Menicon 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)
=2.326/112.7000*112.7000
=2.326

Current CPI (Mar. 2026) = 112.7000.

Menicon Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.892 98.100 2.174
201609 2.186 98.000 2.514
201612 2.195 98.400 2.514
201703 2.199 98.100 2.526
201706 2.150 98.500 2.460
201709 2.114 98.800 2.411
201712 2.019 99.400 2.289
201803 2.072 99.200 2.354
201806 1.992 99.200 2.263
201809 2.242 99.900 2.529
201812 2.066 99.700 2.335
201903 2.174 99.700 2.457
201906 2.198 99.800 2.482
201909 2.450 100.100 2.758
201912 2.242 100.500 2.514
202003 2.285 100.300 2.567
202006 2.195 99.900 2.476
202009 2.307 99.900 2.603
202012 2.312 99.300 2.624
202103 2.164 99.900 2.441
202106 2.220 99.500 2.515
202109 2.277 100.100 2.564
202112 2.461 100.100 2.771
202203 2.373 101.100 2.645
202206 2.361 101.800 2.614
202209 2.382 103.100 2.604
202212 2.388 104.100 2.585
202303 2.359 104.400 2.547
202306 2.304 105.200 2.468
202309 2.282 106.200 2.422
202312 2.233 106.800 2.356
202403 2.344 107.200 2.464
202406 0.000 108.200 0.000
202409 0.000 108.900 0.000
202412 0.000 110.700 0.000
202503 2.462 111.100 2.497
202506 0.000 111.700 0.000
202509 2.400 112.000 2.415
202512 2.414 113.000 2.408
202603 2.326 112.700 2.326

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 0.93 mean?
Menicon Co (FRA:5FR) has a Cyclically Adjusted PS Ratio of 0.93 as of Sep. 17, 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 Menicon Co and its competitors. This is 21% below median its historical median of 1.17. Over the past decade, Menicon Co's Cyclically Adjusted PS Ratio has ranged from 0.78 to 1.54. According to the industry distribution chart, Menicon Co ranks #187 out of 529 companies in the Medical Devices & Instruments industry, placing it in the top 35.3%.
Is Menicon Co's Cyclically Adjusted PS Ratio too high?
Menicon Co's current Cyclically Adjusted PS Ratio of 0.93 is 21% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.54. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.22. Menicon Co's value of 0.93 is 58.1% below this industry median. Based on the distribution chart, Menicon Co ranks #187 out of 529 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Menicon Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Menicon Co's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Menicon Co ranks #187 out of 529 companies for Cyclically Adjusted PS Ratio. This puts Menicon Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.22. Menicon Co's value of 0.93 is 58.1% below this benchmark. Historically, Menicon Co's own Cyclically Adjusted PS Ratio has ranged from 0.78 to 1.54 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 2.22, Menicon 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.22, based on 529 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. Menicon Co's current Cyclically Adjusted PS Ratio of 0.93 is 58.1% 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 Menicon Co and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Menicon Co's current Cyclically Adjusted PS Ratio is 0.93, which is 21% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Menicon Co stock overvalued right now?
Menicon Co (FRA:5FR) has a current Cyclically Adjusted PS Ratio of 0.93. The stock's GF Value™ is €9.51, compared to a current price of €9.25 — trading 2.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.93, which is 21% below median its 10-year median of 1.17 and 58.1% below the Medical Devices & Instruments industry median of 2.22. Menicon Co's overall GF Score™ is 82/100 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 Menicon Co (FRA:5FR), the current Cyclically Adjusted PS Ratio is 0.93 as of Sep. 17, 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 Menicon Co (FRA:5FR) Overvalued in 2026?

Based on GuruFocus' analysis, Menicon Co stock appears to be undervalued. The current stock price of €9.25 is trading 2.7% below its estimated GF Value™ of €9.51.

Key valuation signals for FRA:5FR:

  • Cyclically Adjusted PS Ratio: 0.93 (21% below median its 10-year median of 1.17)
  • GF Value™: €9.51 vs. price of €9.25 (2.7% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 58.1% below the Medical Devices & Instruments median (#187 of 529)

No single metric tells the full story. See the FRA:5FR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Menicon Co Business Description

Other Exchanges 7780:Japan5FR:Germany
Address 3-21-19, Aoi, Naka-ku, Aichi, Nagoya, JPN, 460-0006
Menicon Co Ltd is a contact lens manufacturing company. It is involved in manufacturing, sales, export, and import of contact lenses and other medical goods, manufacturing and sales of medical instruments, sales of medical supplies and research and development of intraocular lenses. The firm's products include soft lenses, gas permeable lenses and lens care products.
82GF Score

Get the complete analysis for FRA:5FR

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

€9.25
Price
€9.51
GF Value