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Micronics Japan CoFRA:MJ3 +3.90%85 Cyclically Adjusted PS Ratio is 13.36 as of Jul. 22, 2026, which is 603% above its 10-year median of 1.90. GuruFocus rates FRA:MJ3 with a GF Score™ of 85/100 and a GF Value™ of €36.77 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 733 Semiconductors companies, Micronics Japan Co ranks worse than 82.26% on this metric.
The historical rank and industry rank for Micronics Japan Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:MJ3'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91 Med: 1.9 Max: 15.51
Current: 12.63
During the past years, Micronics Japan Co's highest Cyclically Adjusted PS Ratio was 15.51. The lowest was 0.91. And the median was 1.90.
FRA:MJ3's Cyclically Adjusted PS Ratio is ranked worse than 82.26% of 733
companies
in the Semiconductors industry
Industry Median: 2.97
vs FRA:MJ3: 12.63
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.
Micronics Japan Co's adjusted revenue per share data for the three months ended in Dec. 2025 was €2.795. 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 €5.99 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Micronics Japan Co (FRA:MJ3) 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.
Micronics Japan Co Cyclically Adjusted PS Ratio Related Terms
Micronics Japan Co Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Micronics Japan 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.
Micronics Japan Co Cyclically Adjusted PS Ratio Chart
FRA:MJ3 vs AMAT, LRCX, KLAC: Cyclically Adjusted PS Ratio Comparison
For the Semiconductor Equipment & Materials subindustry, Micronics Japan 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.
Micronics Japan Co Cyclically Adjusted PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micronics Japan Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Micronics Japan Co's Cyclically Adjusted PS Ratio falls into.
Micronics Japan 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.
Micronics Japan Co's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 13.36 mean?
Micronics Japan Co (FRA:MJ3) has a Cyclically Adjusted PS Ratio of 13.36 as of Jul. 22, 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 Micronics Japan Co and its competitors. This is 603% above median its historical median of 1.90. Over the past decade, Micronics Japan Co's Cyclically Adjusted PS Ratio has ranged from 0.91 to 15.51. According to the industry distribution chart, Micronics Japan Co ranks #603 out of 733 companies in the Semiconductors industry, placing it in the top 82.3%.
Is Micronics Japan Co's Cyclically Adjusted PS Ratio too high?
Micronics Japan Co's current Cyclically Adjusted PS Ratio of 13.36 is 603% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 15.51. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.97. Micronics Japan Co's value of 13.36 is 349.8% above this industry median. Based on the distribution chart, Micronics Japan Co ranks #603 out of 733 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Micronics Japan Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micronics Japan Co's Cyclically Adjusted PS Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Micronics Japan Co ranks #603 out of 733 companies for Cyclically Adjusted PS Ratio. This places Micronics Japan Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.97. Micronics Japan Co's value of 13.36 is 349.8% above this benchmark. Historically, Micronics Japan Co's own Cyclically Adjusted PS Ratio has ranged from 0.91 to 15.51 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 2.97, Micronics Japan Co 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 2.97, based on 733 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. Micronics Japan Co's current Cyclically Adjusted PS Ratio of 13.36 is 349.8% 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 Micronics Japan Co and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micronics Japan Co's current Cyclically Adjusted PS Ratio is 13.36, which is 603% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micronics Japan Co stock overvalued right now?
Based on GuruFocus' analysis, Micronics Japan Co (FRA:MJ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.77, compared to a current price of €80.00 — trading 117.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.36, which is 603% above median its 10-year median of 1.90 and 349.8% above the Semiconductors industry median of 2.97. Micronics Japan Co's overall GF Score™ is 85/100 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 Micronics Japan Co (FRA:MJ3), the current Cyclically Adjusted PS Ratio is 13.36 as of Jul. 22, 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 Micronics Japan Co (FRA:MJ3) Overvalued in 2026?
Based on GuruFocus' analysis, Micronics Japan Co stock appears to be overvalued.
The current stock price of €80.00 is trading 117.6% above its estimated GF Value™ of €36.77.
GuruFocus considers Micronics Japan Co to be Significantly Overvalued.
Key valuation signals for FRA:MJ3:
Cyclically Adjusted PS Ratio: 13.36 (603% above median its 10-year median of 1.90)
GF Value™: €36.77 vs. price of €80.00 (117.6% above fair value)
Industry Position: 349.8% above the Semiconductors median (#603 of 733)
No single metric tells the full story. See the FRA:MJ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micronics Japan Co Ltd is a Japanese company which is engaged in manufacturing of semiconductor and related products. It mainly produces probe cards for testing the electrical properties of wafers, testing equipment and test sockets for property testing after packaging, and a wafer prober, which is used for evaluation and analysis of devices. The company also offers products such as array probers, which are used for testing the electrical properties of flat panel displays (FDP), automated optical inspection equipment used for the display inspection of panels, and probe units that send electrical signals to test panels. Its product portfolio includes probe cards, package probe, semiconductor test equipment, automated optical inspection equipment, probe units, and FDP prober products.
85GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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