Shin-Etsu Chemical Co (MEX:4063N) Cyclically Adjusted PS Ratio: 7.09 (As of Aug. 28, 2026) — 52% Above 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.

MEX:4063N Shin-Etsu Chemical Co Ltd MEX:4063N
69 GF Score
Price MXN691.78
GF Value MXN499.98
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Shin-Etsu Chemical Co Cyclically Adjusted PS Ratio?

Shin-Etsu Chemical Co MEX:4063N 69 Cyclically Adjusted PS Ratio is 7.09 as of Aug. 28, 2026, which is 52% above its 10-year median of 4.66. GuruFocus rates MEX:4063N with a GF Score™ of 69/100 and a GF Value™ of MXN499.98 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,272 Chemicals companies, Shin-Etsu Chemical Co ranks worse than 87.81% on this metric.

As of today (2026-08-28), Shin-Etsu Chemical Co's current share price is MXN691.78. Shin-Etsu Chemical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN97.64. Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio for today is 7.09.

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

MEX:4063N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.61   Med: 4.66   Max: 8.02
Current: 5.75

During the past years, Shin-Etsu Chemical Co's highest Cyclically Adjusted PS Ratio was 8.02. The lowest was 2.61. And the median was 4.66.

MEX:4063N's Cyclically Adjusted PS Ratio is ranked worse than
87.81% of 1272 companies
in the Chemicals industry
Industry Median: 1.33 vs MEX:4063N: 5.75

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.

Shin-Etsu Chemical Co's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN38.702. 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 MXN97.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shin-Etsu Chemical Co  (MEX:4063N) 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.


Shin-Etsu Chemical Co Cyclically Adjusted PS Ratio Related Terms


Shin-Etsu Chemical Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co Cyclically Adjusted PS Ratio Chart

Shin-Etsu Chemical 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 5.48 5.38 7.54 4.37 5.95

Shin-Etsu Chemical Co 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 4.37 4.81 4.80 4.70 5.95

MEX:4063N vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Shin-Etsu Chemical 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.


Shin-Etsu Chemical Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio falls into.


MEX:4063N
69GF Score
Shin-Etsu Chemical Co Ltd MEX:4063N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=691.78/97.64
=7.09

* 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.

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

For example, Shin-Etsu Chemical 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)
=38.702/112.7000*112.7000
=38.702

Current CPI (Mar. 2026) = 112.7000.

Shin-Etsu Chemical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 24.783 98.100 28.471
201609 27.853 98.000 32.031
201612 25.797 98.400 29.546
201703 24.652 98.100 28.321
201706 25.700 98.500 29.405
201709 27.549 98.800 31.425
201712 29.850 99.400 33.844
201803 30.541 99.200 34.697
201806 32.105 99.200 36.474
201809 31.917 99.900 36.006
201812 34.056 99.700 38.497
201903 31.924 99.700 36.087
201906 32.997 99.800 37.262
201909 35.353 100.100 39.803
201912 32.215 100.500 36.126
202003 38.687 100.300 43.470
202006 37.071 99.900 41.821
202009 35.337 99.900 39.865
202012 35.018 99.300 39.743
202103 36.753 99.900 41.462
202106 37.746 99.500 42.754
202109 45.531 100.100 51.262
202112 47.010 100.100 52.927
202203 47.752 101.100 53.231
202206 47.778 101.800 52.894
202209 51.737 103.100 56.554
202212 53.845 104.100 58.293
202303 43.096 104.400 46.522
202306 35.978 105.200 38.543
202309 34.938 106.200 37.076
202312 37.014 106.800 39.059
202403 32.791 107.200 34.473
202406 34.753 108.200 36.198
202409 46.236 108.900 47.849
202412 45.226 110.700 46.043
202503 43.709 111.100 44.338
202506 43.053 111.700 43.438
202509 43.101 112.000 43.370
202512 39.809 113.000 39.703
202603 38.702 112.700 38.702

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 7.09 mean?
Shin-Etsu Chemical Co (MEX:4063N) has a Cyclically Adjusted PS Ratio of 7.09 as of Aug. 28, 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 Shin-Etsu Chemical Co and its competitors. This is 52% above median its historical median of 4.66. Over the past decade, Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio has ranged from 2.61 to 8.02. According to the industry distribution chart, Shin-Etsu Chemical Co ranks #1117 out of 1272 companies in the Chemicals industry, placing it in the top 87.8%.
Is Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio too high?
Shin-Etsu Chemical Co's current Cyclically Adjusted PS Ratio of 7.09 is 52% above median its 10-year median of 4.66. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 8.02. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.33. Shin-Etsu Chemical Co's value of 7.09 is 433.1% above this industry median. Based on the distribution chart, Shin-Etsu Chemical Co ranks #1117 out of 1272 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shin-Etsu Chemical Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin-Etsu Chemical Co's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Shin-Etsu Chemical Co ranks #1117 out of 1272 companies for Cyclically Adjusted PS Ratio. This places Shin-Etsu Chemical Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.33. Shin-Etsu Chemical Co's value of 7.09 is 433.1% above this benchmark. Historically, Shin-Etsu Chemical Co's own Cyclically Adjusted PS Ratio has ranged from 2.61 to 8.02 over the past decade. While the company's 10-year median is 4.66 vs. the industry median of 1.33, Shin-Etsu Chemical 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.33, based on 1,272 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. Shin-Etsu Chemical Co's current Cyclically Adjusted PS Ratio of 7.09 is 433.1% 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 Shin-Etsu Chemical Co 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. Shin-Etsu Chemical Co's current Cyclically Adjusted PS Ratio is 7.09, which is 52% above median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin-Etsu Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Shin-Etsu Chemical Co (MEX:4063N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN499.98, compared to a current price of MXN691.78 — trading 38.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.09, which is 52% above median its 10-year median of 4.66 and 433.1% above the Chemicals industry median of 1.33. Shin-Etsu Chemical Co's overall GF Score™ is 69/100 with 2 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 Shin-Etsu Chemical Co (MEX:4063N), the current Cyclically Adjusted PS Ratio is 7.09 as of Aug. 28, 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 Shin-Etsu Chemical Co (MEX:4063N) Overvalued in 2026?

Based on GuruFocus' analysis, Shin-Etsu Chemical Co stock appears to be overvalued. The current stock price of MXN691.78 is trading 38.4% above its estimated GF Value™ of MXN499.98. GuruFocus considers Shin-Etsu Chemical Co to be Significantly Overvalued.

Key valuation signals for MEX:4063N:

  • Cyclically Adjusted PS Ratio: 7.09 (52% above median its 10-year median of 4.66)
  • GF Value™: MXN499.98 vs. price of MXN691.78 (38.4% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 433.1% above the Chemicals median (#1117 of 1272)

No single metric tells the full story. See the MEX:4063N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin-Etsu Chemical Co Business Description

Address 1-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Shin Etsu Chemical is an industrial conglomerate that was founded in 1926. Some of its largest product groups are silicon metal, polymer, silicone, rare-earth, and cellulose products. It holds top rankings in several markets, notably as the largest PVC and silicon wafer producer globally. Shin-Etsu is most exposed to the construction, semiconductors, and pharmaceutical sectors. Shin Etsu employed 27,342 people as of March 31, 2026, and has production bases in 17 countries.
69GF Score

Get the complete analysis for MEX:4063N

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

MXN691.78
Price
MXN499.98
GF Value