Unicharm (FRA:UN4) Cyclically Adjusted PS Ratio: 1.92 (As of Jul. 22, 2026) — 49% Below Median

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FRA:UN4 Unicharm Corp FRA:UN4
85 GF Score
Price €5.10
GF Value €7.12
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Unicharm Cyclically Adjusted PS Ratio?

Unicharm FRA:UN4 -0.97% 85 Cyclically Adjusted PS Ratio is 1.92 as of Jul. 22, 2026, which is 49% below its 10-year median of 3.74. GuruFocus rates FRA:UN4 with a GF Score™ of 85/100 and a GF Value™ of €7.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,448 Consumer Packaged Goods companies, Unicharm ranks worse than 78.59% on this metric.

As of today (2026-07-22), Unicharm's current share price is €5.10. Unicharm's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2.66. Unicharm's Cyclically Adjusted PS Ratio for today is 1.92.

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

FRA:UN4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.83   Med: 3.74   Max: 5.03
Current: 1.99

During the past years, Unicharm's highest Cyclically Adjusted PS Ratio was 5.03. The lowest was 1.83. And the median was 3.74.

FRA:UN4's Cyclically Adjusted PS Ratio is ranked worse than
78.59% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs FRA:UN4: 1.99

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.

Unicharm's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.737. 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 €2.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unicharm  (FRA:UN4) 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.


Unicharm Cyclically Adjusted PS Ratio Related Terms


Unicharm Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Unicharm'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.

Unicharm Cyclically Adjusted PS Ratio Chart

Unicharm Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.47 4.12 3.86 2.78 1.84

Unicharm 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 2.52 2.18 1.99 1.84 1.90

FRA:UN4 vs PG, CL, KVUE: Cyclically Adjusted PS Ratio Comparison

For the Household & Personal Products subindustry, Unicharm'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.


Unicharm Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unicharm's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:UN4
85GF Score
Unicharm Corp FRA:UN4
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unicharm 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.

Unicharm's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.10/2.66
=1.92

* 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.

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

For example, Unicharm'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)
=0.737/112.7000*112.7000
=0.737

Current CPI (Mar. 2026) = 112.7000.

Unicharm Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.694 98.100 0.797
201609 0.644 98.000 0.741
201612 0.763 98.400 0.874
201703 0.661 98.100 0.759
201706 0.687 98.500 0.786
201709 0.681 98.800 0.777
201712 0.724 99.400 0.821
201803 0.676 99.200 0.768
201806 0.704 99.200 0.800
201809 0.725 99.900 0.818
201812 0.822 99.700 0.929
201903 0.744 99.700 0.841
201906 0.793 99.800 0.896
201909 0.858 100.100 0.966
201912 0.872 100.500 0.978
202003 0.861 100.300 0.967
202006 0.795 99.900 0.897
202009 0.816 99.900 0.921
202012 0.850 99.300 0.965
202103 0.782 99.900 0.882
202106 0.818 99.500 0.927
202109 0.841 100.100 0.947
202112 0.916 100.100 1.031
202203 0.875 101.100 0.975
202206 0.857 101.800 0.949
202209 0.921 103.100 1.007
202212 0.957 104.100 1.036
202303 0.867 104.400 0.936
202306 0.856 105.200 0.917
202309 0.835 106.200 0.886
202312 0.940 106.800 0.992
202403 0.819 107.200 0.861
202406 0.838 108.200 0.873
202409 0.839 108.900 0.868
202412 0.942 110.700 0.959
202503 0.804 111.100 0.816
202506 0.811 111.700 0.818
202509 0.760 112.000 0.765
202512 0.790 113.000 0.788
202603 0.737 112.700 0.737

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 1.92 mean?
Unicharm (FRA:UN4) has a Cyclically Adjusted PS Ratio of 1.92 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 Unicharm and its competitors. This is 49% below median its historical median of 3.74. Over the past decade, Unicharm's Cyclically Adjusted PS Ratio has ranged from 1.83 to 5.03. According to the industry distribution chart, Unicharm ranks #1138 out of 1448 companies in the Consumer Packaged Goods industry, placing it in the top 78.6%.
Is Unicharm's Cyclically Adjusted PS Ratio too high?
Unicharm's current Cyclically Adjusted PS Ratio of 1.92 is 49% below median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 5.03. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Unicharm's value of 1.92 is 152.6% above this industry median. Based on the distribution chart, Unicharm ranks #1138 out of 1448 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Unicharm has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Unicharm's Cyclically Adjusted PS Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Unicharm ranks #1138 out of 1448 companies for Cyclically Adjusted PS Ratio. This places Unicharm in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Unicharm's value of 1.92 is 152.6% above this benchmark. Historically, Unicharm's own Cyclically Adjusted PS Ratio has ranged from 1.83 to 5.03 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 0.76, Unicharm 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,448 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. Unicharm's current Cyclically Adjusted PS Ratio of 1.92 is 152.6% 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 Unicharm and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unicharm's current Cyclically Adjusted PS Ratio is 1.92, which is 49% below median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unicharm stock overvalued right now?
Based on GuruFocus' analysis, Unicharm (FRA:UN4) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.12, compared to a current price of €5.10 — trading 28.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.92, which is 49% below median its 10-year median of 3.74 and 152.6% above the Consumer Packaged Goods industry median of 0.76. Unicharm's overall GF Score™ is 85/100 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 Unicharm (FRA:UN4), the current Cyclically Adjusted PS Ratio is 1.92 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 Unicharm (FRA:UN4) Overvalued in 2026?

Based on GuruFocus' analysis, Unicharm stock appears to be undervalued. The current stock price of €5.10 is trading 28.4% below its estimated GF Value™ of €7.12. GuruFocus considers Unicharm to be Modestly Undervalued.

Key valuation signals for FRA:UN4:

  • Cyclically Adjusted PS Ratio: 1.92 (49% below median its 10-year median of 3.74)
  • GF Value™: €7.12 vs. price of €5.10 (28.4% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 152.6% above the Consumer Packaged Goods median (#1138 of 1448)

No single metric tells the full story. See the FRA:UN4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unicharm Business Description

Address 3-5-19, Mita, Sumitomo Fudosan Tokyo Mita Garden Tower, Minato-ku, Tokyo, JPN, 108-8575
Focusing on personal hygiene products utilizing nonwoven fabric, Unicharm is the largest manufacturer of disposable baby diapers and feminine sanitary and adult incontinence products in Japan and Asia. Its personal care business accounted for around 80% of its sales as of 2025, with the balance mainly from pet care. Unicharm generates around 60% of its revenue from overseas, of which nearly three-fourths are from Asia, mostly China, Indonesia, and Thailand. India is the fastest-growing market, followed by Vietnam. Outside Asia, Unicharm operates in Saudi Arabia, the Americas, and Europe. Drugstores, supermarkets, baby product specialty stores, and e-commerce are the key sales channels.
85GF Score

Get the complete analysis for FRA:UN4

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

€5.10
Price
€7.12
GF Value