Konica Minolta (FRA:KPI1) Cyclically Adjusted PS Ratio: 0.27 (As of Jul. 17, 2026) — Near 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.

FRA:KPI1 Konica Minolta Inc FRA:KPI1
66 GF Score
Price €3.32
GF Value €2.54
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Konica Minolta Cyclically Adjusted PS Ratio?

Konica Minolta FRA:KPI1 +0.94% 66 Cyclically Adjusted PS Ratio is 0.27 as of Jul. 17, 2026, which is 4% below its 10-year median of 0.28. GuruFocus rates FRA:KPI1 with a GF Score™ of 66/100 and a GF Value™ of €2.54 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,295 Industrial Products companies, Konica Minolta ranks better than 91.5% on this metric.

As of today (2026-07-17), Konica Minolta's current share price is €3.32. Konica Minolta's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €12.36. Konica Minolta's Cyclically Adjusted PS Ratio for today is 0.27.

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

FRA:KPI1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.28   Max: 0.7
Current: 0.26

During the past years, Konica Minolta's highest Cyclically Adjusted PS Ratio was 0.70. The lowest was 0.14. And the median was 0.28.

FRA:KPI1's Cyclically Adjusted PS Ratio is ranked better than
91.5% of 2295 companies
in the Industrial Products industry
Industry Median: 1.85 vs FRA:KPI1: 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.

Konica Minolta's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.372. 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 €12.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Konica Minolta  (FRA:KPI1) 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.


Konica Minolta Cyclically Adjusted PS Ratio Related Terms


Konica Minolta Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Konica Minolta'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.

Konica Minolta Cyclically Adjusted PS Ratio Chart

Konica Minolta 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 0.26 0.27 0.23 0.22 0.23

Konica Minolta Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.22 0.21 0.23 0.30 0.23

Konica Minolta Cyclically Adjusted PS Ratio Competitor Comparison

For the Business Equipment & Supplies subindustry, Konica Minolta'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.


Konica Minolta Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Konica Minolta's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:KPI1
66GF Score
Konica Minolta Inc FRA:KPI1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Konica Minolta 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.

Konica Minolta's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.32/12.36
=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.

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

For example, Konica Minolta'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)
=3.372/112.7000*112.7000
=3.372

Current CPI (Mar. 2026) = 112.7000.

Konica Minolta Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.896 98.100 4.476
201609 4.102 98.000 4.717
201612 3.908 98.400 4.476
201703 4.380 98.100 5.032
201706 3.751 98.500 4.292
201709 3.904 98.800 4.453
201712 3.950 99.400 4.479
201803 4.316 99.200 4.903
201806 4.001 99.200 4.545
201809 4.035 99.900 4.552
201812 4.112 99.700 4.648
201903 4.515 99.700 5.104
201906 4.002 99.800 4.519
201909 4.350 100.100 4.898
201912 4.147 100.500 4.650
202003 4.230 100.300 4.753
202006 2.888 99.900 3.258
202009 3.432 99.900 3.872
202012 3.674 99.300 4.170
202103 3.890 99.900 4.388
202106 3.501 99.500 3.965
202109 3.365 100.100 3.789
202112 3.409 100.100 3.838
202203 3.877 101.100 4.322
202206 3.545 101.800 3.925
202209 4.027 103.100 4.402
202212 4.101 104.100 4.440
202303 4.377 104.400 4.725
202306 3.522 105.200 3.773
202309 3.663 106.200 3.887
202312 3.716 106.800 3.921
202403 3.268 107.200 3.436
202406 3.406 108.200 3.548
202409 3.462 108.900 3.583
202412 3.439 110.700 3.501
202503 3.713 111.100 3.766
202506 3.051 111.700 3.078
202509 3.046 112.000 3.065
202512 2.961 113.000 2.953
202603 3.372 112.700 3.372

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?
Konica Minolta (FRA:KPI1) has a Cyclically Adjusted PS Ratio of 0.27 as of Jul. 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 Konica Minolta and its competitors. This is near median its historical median of 0.28. Over the past decade, Konica Minolta's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.70. According to the industry distribution chart, Konica Minolta ranks #195 out of 2295 companies in the Industrial Products industry, placing it in the top 8.5%.
Is Konica Minolta's Cyclically Adjusted PS Ratio too high?
Konica Minolta's current Cyclically Adjusted PS Ratio of 0.27 is near median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.70. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. Konica Minolta's value of 0.27 is 85.4% below this industry median. Based on the distribution chart, Konica Minolta ranks #195 out of 2295 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Konica Minolta has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Konica Minolta's Cyclically Adjusted PS Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Konica Minolta ranks #195 out of 2295 companies for Cyclically Adjusted PS Ratio. This places Konica Minolta in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.85. Konica Minolta's value of 0.27 is 85.4% below this benchmark. Historically, Konica Minolta's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.70 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 1.85, Konica Minolta 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.85, based on 2,295 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. Konica Minolta's current Cyclically Adjusted PS Ratio of 0.27 is 85.4% 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 Konica Minolta and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Konica Minolta's current Cyclically Adjusted PS Ratio is 0.27, which is near median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Konica Minolta stock overvalued right now?
Based on GuruFocus' analysis, Konica Minolta (FRA:KPI1) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.54, compared to a current price of €3.32 — trading 30.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.27, which is near median its 10-year median of 0.28 and 85.4% below the Industrial Products industry median of 1.85. Konica Minolta's overall GF Score™ is 66/100 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 Konica Minolta (FRA:KPI1), the current Cyclically Adjusted PS Ratio is 0.27 as of Jul. 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 Konica Minolta (FRA:KPI1) Overvalued in 2026?

Based on GuruFocus' analysis, Konica Minolta stock appears to be overvalued. The current stock price of €3.32 is trading 30.7% above its estimated GF Value™ of €2.54. GuruFocus considers Konica Minolta to be Significantly Overvalued.

Key valuation signals for FRA:KPI1:

  • Cyclically Adjusted PS Ratio: 0.27 (near median its 10-year median of 0.28)
  • GF Value™: €2.54 vs. price of €3.32 (30.7% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 85.4% below the Industrial Products median (#195 of 2295)

No single metric tells the full story. See the FRA:KPI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Konica Minolta Business Description

Address 2-7-2 Marunouchi, JP Tower, Chiyoda-ku, Tokyo, JPN, 100-7015
Konica Minolta Inc is a Japanese equipment and material manufacturer. The company operates through four segments. The Digital Workplace business covers the development, manufacture, and sale of multifunction printers, related consumables, and IT services and solutions. The Image Solutions business includes medical diagnostic imaging systems, network cameras, and video-related equipment, along with related services and solutions. The Industry business encompasses measuring instruments, functional films for displays, industrial inkjet heads, and professional lenses. The Professional Print business involves digital printing systems and consumables for commercial and industrial markets, as well as printing services and solutions. It generates the majority of revenue Digital workplace segment.
66GF Score

Get the complete analysis for FRA:KPI1

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

€3.32
Price
€2.54
GF Value