Impinj (MEX:PI) Cyclically Adjusted PS Ratio: 12.38 (As of Jul. 28, 2026) — 13% Below Median

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MEX:PI Impinj Inc MEX:PI
55 GF Score
Price MXN2,202.50
GF Value MXN2,084.51
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Impinj Cyclically Adjusted PS Ratio?

Impinj MEX:PI 55 Cyclically Adjusted PS Ratio is 12.38 as of Jul. 28, 2026, which is 13% below its 10-year median of 14.21. GuruFocus rates MEX:PI with a GF Score™ of 55/100 and a GF Value™ of MXN2,084.51 (Fairly Valued). The stock has 3 warning signs investors should review. Among 732 Semiconductors companies, Impinj ranks worse than 82.51% on this metric.

As of today (2026-07-28), Impinj's current share price is MXN2202.50. Impinj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN177.91. Impinj's Cyclically Adjusted PS Ratio for today is 12.38.

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

MEX:PI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.09   Med: 14.21   Max: 25.87
Current: 12.96

During the past years, Impinj's highest Cyclically Adjusted PS Ratio was 25.87. The lowest was 6.09. And the median was 14.21.

MEX:PI's Cyclically Adjusted PS Ratio is ranked worse than
82.51% of 732 companies
in the Semiconductors industry
Industry Median: 2.945 vs MEX:PI: 12.96

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.

Impinj's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN44.201. 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 MXN177.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Impinj  (MEX:PI) 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.


Impinj Cyclically Adjusted PS Ratio Related Terms


Impinj Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Impinj'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.

Impinj Cyclically Adjusted PS Ratio Chart

Impinj 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 0.00 0.00 10.77 15.76 17.66

Impinj 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 9.62 11.53 18.43 17.66 10.22

MEX:PI vs LASR, DIOD, POWI: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Impinj'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.


Impinj Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Impinj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:PI
55GF Score
Impinj Inc MEX:PI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Impinj 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2202.50/177.91
=12.38

* 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.

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

For example, Impinj'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)
=44.201/330.2130*330.2130
=44.201

Current CPI (Mar. 2026) = 330.2130.

Impinj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 26.985 241.018 36.972
201609 35.569 241.428 48.649
201612 34.120 241.432 46.667
201703 29.364 243.801 39.772
201706 29.879 244.955 40.279
201709 28.407 246.819 38.005
201712 25.233 246.524 33.799
201803 21.559 249.554 28.527
201806 26.290 251.989 34.451
201809 30.068 252.439 39.332
201812 31.652 251.233 41.602
201903 29.770 254.202 38.672
201906 33.792 256.143 43.564
201909 36.643 256.759 47.126
201912 34.720 256.974 44.615
202003 50.033 258.115 64.008
202006 26.883 257.797 34.435
202009 27.163 260.280 34.461
202012 31.227 260.474 39.588
202103 39.074 264.877 48.712
202106 39.010 271.696 47.412
202109 38.194 274.310 45.978
202112 43.870 278.802 51.960
202203 42.360 287.504 48.653
202206 47.307 296.311 52.720
202209 53.345 296.808 59.349
202212 57.422 296.797 63.887
202303 58.904 301.836 64.442
202306 55.184 305.109 59.724
202309 42.062 307.789 45.126
202312 44.267 306.746 47.654
202403 40.573 312.332 42.896
202406 63.820 314.175 67.078
202409 63.056 315.301 66.038
202412 67.251 315.605 70.364
202503 53.060 319.799 54.788
202506 62.157 322.561 63.632
202509 60.060 324.800 61.061
202512 55.455 324.054 56.509
202603 44.201 330.213 44.201

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 12.38 mean?
Impinj (MEX:PI) has a Cyclically Adjusted PS Ratio of 12.38 as of Jul. 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 Impinj and its competitors. This is 13% below median its historical median of 14.21. Over the past decade, Impinj's Cyclically Adjusted PS Ratio has ranged from 6.09 to 25.87. According to the industry distribution chart, Impinj ranks #604 out of 732 companies in the Semiconductors industry, placing it in the top 82.5%.
Is Impinj's Cyclically Adjusted PS Ratio too high?
Impinj's current Cyclically Adjusted PS Ratio of 12.38 is 13% below median its 10-year median of 14.21. Over the past 10 years, this metric has ranged from a low of 6.09 to a high of 25.87. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.95. Impinj's value of 12.38 is 320.4% above this industry median. Based on the distribution chart, Impinj ranks #604 out of 732 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Impinj has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Impinj's Cyclically Adjusted PS Ratio compare to LASR and DIOD?
According to the Semiconductors industry distribution chart, Impinj ranks #604 out of 732 companies for Cyclically Adjusted PS Ratio. This places Impinj in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.95. Impinj's value of 12.38 is 320.4% above this benchmark. Historically, Impinj's own Cyclically Adjusted PS Ratio has ranged from 6.09 to 25.87 over the past decade. While the company's 10-year median is 14.21 vs. the industry median of 2.95, Impinj 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 2.95, based on 732 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. Impinj's current Cyclically Adjusted PS Ratio of 12.38 is 320.4% 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 Impinj and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impinj's current Cyclically Adjusted PS Ratio is 12.38, which is 13% below median its own 10-year median of 14.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impinj stock overvalued right now?
Based on GuruFocus' analysis, Impinj (MEX:PI) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,084.51, compared to a current price of MXN2,202.50 — trading 5.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.38, which is 13% below median its 10-year median of 14.21 and 320.4% above the Semiconductors industry median of 2.95. Impinj's overall GF Score™ is 55/100 with 3 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 Impinj (MEX:PI), the current Cyclically Adjusted PS Ratio is 12.38 as of Jul. 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 Impinj (MEX:PI) Overvalued in 2026?

Based on GuruFocus' analysis, Impinj stock appears to be overvalued. The current stock price of MXN2,202.50 is trading 5.7% above its estimated GF Value™ of MXN2,084.51. GuruFocus considers Impinj to be Fairly Valued.

Key valuation signals for MEX:PI:

  • Cyclically Adjusted PS Ratio: 12.38 (13% below median its 10-year median of 14.21)
  • GF Value™: MXN2,084.51 vs. price of MXN2,202.50 (5.7% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 320.4% above the Semiconductors median (#604 of 732)

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


Impinj Business Description

Address 400 Fairview Avenue North, Suite 1200, Seattle, WA, USA, 98109
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
55GF Score

Get the complete analysis for MEX:PI

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

MXN2,202.50
Price
MXN2,084.51
GF Value