Hoya (MEX:7741N) Cyclically Adjusted PS Ratio: 12.13 (As of Aug. 09, 2026) — 27% Above Median

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Founder & CEO of GuruFocus
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MEX:7741N Hoya Corp MEX:7741N
98 GF Score
Price MXN2,781.88
GF Value MXN2,763.33
Valuation Fairly Valued
! 1 Warning Sign
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What is Hoya Cyclically Adjusted PS Ratio?

Hoya MEX:7741N 98 Cyclically Adjusted PS Ratio is 12.13 as of Aug. 09, 2026, which is 27% above its 10-year median of 9.53. GuruFocus rates MEX:7741N with a GF Score™ of 98/100 and a GF Value™ of MXN2,763.33 (Fairly Valued). The stock has 1 warning sign investors should review. Among 522 Medical Devices & Instruments companies, Hoya ranks worse than 91% on this metric.

As of today (2026-08-09), Hoya's current share price is MXN2781.88. Hoya's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN229.26. Hoya's Cyclically Adjusted PS Ratio for today is 12.13.

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

MEX:7741N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.63   Med: 9.53   Max: 14.56
Current: 12.25

During the past years, Hoya's highest Cyclically Adjusted PS Ratio was 14.56. The lowest was 3.63. And the median was 9.53.

MEX:7741N's Cyclically Adjusted PS Ratio is ranked worse than
91% of 522 companies
in the Medical Devices & Instruments industry
Industry Median: 2.265 vs MEX:7741N: 12.25

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.

Hoya's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN83.347. 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 MXN229.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hoya  (MEX:7741N) 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.


Hoya Cyclically Adjusted PS Ratio Related Terms


Hoya Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hoya'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.

Hoya Cyclically Adjusted PS Ratio Chart

Hoya 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 10.22 9.60 11.23 9.03 13.05

Hoya Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9.03 10.57 11.84 13.05 12.40

MEX:7741N vs ISRG, BDX, MDLN: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Hoya'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.


Hoya Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hoya's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:7741N
98GF Score
Hoya Corp MEX:7741N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoya 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2781.88/229.26
=12.13

* 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.

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

For example, Hoya's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=83.347/113.6000*113.6000
=83.347

Current CPI (Jun. 2026) = 113.6000.

Hoya Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 58.929 98.000 68.310
201612 56.750 98.400 65.516
201703 54.672 98.100 63.310
201706 53.741 98.500 61.979
201709 57.523 98.800 66.140
201712 62.933 99.400 71.923
201803 61.720 99.200 70.679
201806 65.667 99.200 75.199
201809 63.075 99.900 71.725
201812 66.736 99.700 76.040
201903 65.841 99.700 75.020
201906 66.610 99.800 75.821
201909 75.486 100.100 85.666
201912 67.894 100.500 76.744
202003 78.959 100.300 89.429
202006 64.998 99.900 73.912
202009 78.961 99.900 89.789
202012 76.644 99.300 87.681
202103 77.506 99.900 88.135
202106 77.790 99.500 88.814
202109 83.400 100.100 94.648
202112 84.153 100.100 95.502
202203 79.439 101.100 89.261
202206 74.753 101.800 83.418
202209 72.681 103.100 80.083
202212 71.429 104.100 77.947
202303 72.019 104.400 78.366
202306 64.992 105.200 70.181
202309 65.483 106.200 70.046
202312 67.447 106.800 71.741
202403 65.168 107.200 69.059
202406 72.526 108.200 76.146
202409 86.398 108.900 90.127
202412 87.738 110.700 90.036
202503 87.701 111.100 89.674
202506 85.368 111.700 86.820
202509 86.409 112.000 87.643
202512 94.712 113.000 95.215
202603 84.445 112.700 85.119
202606 83.347 113.600 83.347

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 12.13 mean?
Hoya (MEX:7741N) has a Cyclically Adjusted PS Ratio of 12.13 as of Aug. 09, 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 Hoya and its competitors. This is 27% above median its historical median of 9.53. Over the past decade, Hoya's Cyclically Adjusted PS Ratio has ranged from 3.63 to 14.56. According to the industry distribution chart, Hoya ranks #475 out of 522 companies in the Medical Devices & Instruments industry, placing it in the top 91%.
Is Hoya's Cyclically Adjusted PS Ratio too high?
Hoya's current Cyclically Adjusted PS Ratio of 12.13 is 27% above median its 10-year median of 9.53. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 14.56. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.27. Hoya's value of 12.13 is 435.5% above this industry median. Based on the distribution chart, Hoya ranks #475 out of 522 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Hoya has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hoya's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Hoya ranks #475 out of 522 companies for Cyclically Adjusted PS Ratio. This places Hoya in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.27. Hoya's value of 12.13 is 435.5% above this benchmark. Historically, Hoya's own Cyclically Adjusted PS Ratio has ranged from 3.63 to 14.56 over the past decade. While the company's 10-year median is 9.53 vs. the industry median of 2.27, Hoya 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.27, based on 522 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. Hoya's current Cyclically Adjusted PS Ratio of 12.13 is 435.5% 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 Hoya and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoya's current Cyclically Adjusted PS Ratio is 12.13, which is 27% above median its own 10-year median of 9.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoya stock overvalued right now?
Based on GuruFocus' analysis, Hoya (MEX:7741N) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,763.33, compared to a current price of MXN2,781.88 — trading 0.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.13, which is 27% above median its 10-year median of 9.53 and 435.5% above the Medical Devices & Instruments industry median of 2.27. Hoya's overall GF Score™ is 98/100 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 Hoya (MEX:7741N), the current Cyclically Adjusted PS Ratio is 12.13 as of Aug. 09, 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 Hoya (MEX:7741N) Overvalued in 2026?

Based on GuruFocus' analysis, Hoya stock appears to be overvalued. The current stock price of MXN2,781.88 is trading 0.7% above its estimated GF Value™ of MXN2,763.33. GuruFocus considers Hoya to be Fairly Valued.

Key valuation signals for MEX:7741N:

  • Cyclically Adjusted PS Ratio: 12.13 (27% above median its 10-year median of 9.53)
  • GF Value™: MXN2,763.33 vs. price of MXN2,781.88 (0.7% above fair value)
  • GF Score™: 98/100 with 1 warning sign
  • Industry Position: 435.5% above the Medical Devices & Instruments median (#475 of 522)

No single metric tells the full story. See the MEX:7741N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoya Business Description

Address 6-10-1, Nishi-Shinjuku, 20th Floor, Nittochi Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-8347
Founded in 1941 in Tokyo as an optical glass production plant, Hoya is one of the largest eyeglass lens manufacturers in the world. Leveraging its technology know-how in glass manufacturing, Hoya entered the mask blanks business in 1974. Now although its life care business accounts for more than 60% of its total revenue, majority of its profit before tax comes from its higher-margin IT business.
98GF Score

Get the complete analysis for MEX:7741N

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

MXN2,781.88
Price
MXN2,763.33
GF Value