JMPLF (Johnson Matthey) Cyclically Adjusted PS Ratio: 0.26 (As of Jul. 03, 2026) — 28% Below Median


JMPLF Johnson Matthey PLC JMPLF
64 GF Score
Price $28.61
GF Value $17.95
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Johnson Matthey Cyclically Adjusted PS Ratio?

Johnson Matthey JMPLF 64 Cyclically Adjusted PS Ratio is 0.26 as of Jul. 03, 2026, which is 28% below its 10-year median of 0.36. GuruFocus rates JMPLF with a GF Score™ of 64/100 and a GF Value™ of $17.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,279 Chemicals companies, Johnson Matthey ranks better than 90.62% on this metric.

As of today (2026-07-03), Johnson Matthey's current share price is $28.6125. Johnson Matthey's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was $111.42. Johnson Matthey's Cyclically Adjusted PS Ratio for today is 0.26.

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

JMPLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.36   Max: 0.69
Current: 0.24

During the past 13 years, Johnson Matthey's highest Cyclically Adjusted PS Ratio was 0.69. The lowest was 0.15. And the median was 0.36.

JMPLF's Cyclically Adjusted PS Ratio is ranked better than
90.62% of 1279 companies
in the Chemicals industry
Industry Median: 1.33 vs JMPLF: 0.24

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.

Johnson Matthey's adjusted revenue per share data of for the fiscal year that ended in Mar26 was $99.191. 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 $111.42 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnson Matthey  (OTCPK:JMPLF) 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.


Johnson Matthey Cyclically Adjusted PS Ratio Related Terms


Johnson Matthey Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Johnson Matthey'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.

Johnson Matthey Cyclically Adjusted PS Ratio Chart

Johnson Matthey 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 0.27 0.26 0.23 0.16 0.23

Johnson Matthey Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.23 0.00 0.16 0.00 0.23

JMPLF vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Johnson Matthey'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.


Johnson Matthey Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Johnson Matthey's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


JMPLF
64GF Score
Johnson Matthey PLC JMPLF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Johnson Matthey 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.

Johnson Matthey's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.6125/111.42
=0.26

* 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.

Johnson Matthey's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Johnson Matthey's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=99.191/140.8000*140.8000
=99.191

Current CPI (Mar26) = 140.8000.

Johnson Matthey Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 77.279 102.700 105.948
201803 74.645 105.100 100.000
201903 73.470 107.000 96.678
202003 93.596 108.600 121.347
202103 110.937 109.700 142.388
202203 109.877 116.500 132.796
202303 98.565 126.800 109.448
202403 88.569 131.600 94.761
202503 80.720 136.100 83.508
202603 99.191 140.800 99.191

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 0.26 mean?
Johnson Matthey (JMPLF) has a Cyclically Adjusted PS Ratio of 0.26 as of Jul. 03, 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 Johnson Matthey and its competitors. This is 28% below median its historical median of 0.36. Over the past decade, Johnson Matthey's Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.69. According to the industry distribution chart, Johnson Matthey ranks #120 out of 1279 companies in the Chemicals industry, placing it in the top 9.4%.
Is Johnson Matthey's Cyclically Adjusted PS Ratio too high?
Johnson Matthey's current Cyclically Adjusted PS Ratio of 0.26 is 28% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.69. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.33. Johnson Matthey's value of 0.26 is 80.5% below this industry median. Based on the distribution chart, Johnson Matthey ranks #120 out of 1279 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Johnson Matthey has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Johnson Matthey's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Johnson Matthey ranks #120 out of 1279 companies for Cyclically Adjusted PS Ratio. This places Johnson Matthey in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.33. Johnson Matthey's value of 0.26 is 80.5% below this benchmark. Historically, Johnson Matthey's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.69 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.33, Johnson Matthey 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.33, based on 1,279 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. Johnson Matthey's current Cyclically Adjusted PS Ratio of 0.26 is 80.5% 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 Johnson Matthey and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johnson Matthey's current Cyclically Adjusted PS Ratio is 0.26, which is 28% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Matthey stock overvalued right now?
Based on GuruFocus' analysis, Johnson Matthey (JMPLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.95, compared to a current price of $28.61 — trading 59.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.26, which is 28% below median its 10-year median of 0.36 and 80.5% below the Chemicals industry median of 1.33. Johnson Matthey's overall GF Score™ is 64/100 with 5 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 Johnson Matthey (JMPLF), the current Cyclically Adjusted PS Ratio is 0.26 as of Jul. 03, 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 Johnson Matthey (JMPLF) Overvalued in 2026?

Based on GuruFocus' analysis, Johnson Matthey stock appears to be overvalued. The current stock price of $28.61 is trading 59.4% above its estimated GF Value™ of $17.95. GuruFocus considers Johnson Matthey to be Significantly Overvalued.

Key valuation signals for JMPLF:

  • Cyclically Adjusted PS Ratio: 0.26 (28% below median its 10-year median of 0.36)
  • GF Value™: $17.95 vs. price of $28.61 (59.4% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 80.5% below the Chemicals median (#120 of 1279)

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


Johnson Matthey Business Description

Address 2 Gresham Street, 5th Floor, London, GBR, EC2V 7AD
Johnson Matthey PLC is a platinum group metals (PGMs) company. It uses metal chemistry, catalysis, and process engineering and provides technology and expertise to energy, chemicals, and automotive companies to decarbonise, reduce harmful emissions, and improve sustainability. Its segments include Clean Air, PGM Services, Catalyst Technologies, Hydrogen Technologies and Value Businesses. The company generates maximum revenue from the PGM Services segment, which enables the energy transition through providing circular solutions as demand for scarce critical materials increases, provides a strategic service to the group supporting the other segments with security of metal supply, and manufactures value-added PGM products. The company derives key revenue from the United Kingdom.
64GF Score

Get the complete analysis for JMPLF

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

$28.61
Price
$17.95
GF Value