Mani (MNICF) Cyclically Adjusted PS Ratio: 7.04 (As of Jul. 11, 2026) — 35% Below Median


MNICF Mani Inc MNICF
93 GF Score
Price $12.82
GF Value $15.57
! 7 Warning Signs
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What is Mani Cyclically Adjusted PS Ratio?

Mani MNICF 93 Cyclically Adjusted PS Ratio is 7.04 as of Jul. 11, 2026, which is 35% below its 10-year median of 10.76. GuruFocus rates MNICF with a GF Score™ of 93/100 and a GF Value™ of $15.57. The stock has 7 warning signs investors should review. Among 523 Medical Devices & Instruments companies, Mani ranks worse than 82.98% on this metric.

As of today (2026-07-11), Mani's current share price is $12.82. Mani's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was $1.82. Mani's Cyclically Adjusted PS Ratio for today is 7.04.

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

MNICF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.87   Med: 10.76   Max: 22.16
Current: 7.34

During the past years, Mani's highest Cyclically Adjusted PS Ratio was 22.16. The lowest was 4.87. And the median was 10.76.

MNICF's Cyclically Adjusted PS Ratio is ranked worse than
82.98% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.32 vs MNICF: 7.34

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.

Mani's adjusted revenue per share data for the three months ended in Feb. 2026 was $0.542. 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 $1.82 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mani  (OTCPK:MNICF) 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.


Mani Cyclically Adjusted PS Ratio Related Terms


Mani Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mani'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.

Mani Cyclically Adjusted PS Ratio Chart

Mani Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.30 10.48 10.11 9.38 5.37

Mani Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 6.08 5.32 5.37 6.22 7.05

MNICF vs ISRG, BDX, MDLN: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Mani'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.


Mani Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


MNICF
93GF Score
Mani Inc MNICF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mani 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.82/1.82
=7.04

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.542/112.2000*112.2000
=0.542

Current CPI (Feb. 2026) = 112.2000.

Mani Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 0.399 98.200 0.456
201608 0.444 97.900 0.509
201611 0.378 98.600 0.430
201702 0.375 98.100 0.429
201705 0.379 98.600 0.431
201708 0.442 98.500 0.503
201711 0.424 99.100 0.480
201802 0.466 99.500 0.525
201805 0.491 99.300 0.555
201808 0.470 99.800 0.528
201811 0.430 100.000 0.482
201902 0.394 99.700 0.443
201905 0.433 100.000 0.486
201908 0.435 100.000 0.488
201911 0.406 100.500 0.453
202002 0.381 100.300 0.426
202005 0.321 100.100 0.360
202008 0.320 100.100 0.359
202011 0.409 99.500 0.461
202102 0.396 99.800 0.445
202105 0.431 99.400 0.487
202108 0.393 99.700 0.442
202111 0.421 100.100 0.472
202202 0.434 100.700 0.484
202205 0.408 101.800 0.450
202208 0.420 102.700 0.459
202211 0.435 103.900 0.470
202302 0.452 104.000 0.488
202305 0.481 105.100 0.513
202308 0.418 105.900 0.443
202311 0.483 106.900 0.507
202402 0.461 106.900 0.484
202405 0.501 108.100 0.520
202408 0.479 109.100 0.493
202411 0.506 110.000 0.516
202502 0.479 110.800 0.485
202505 0.523 111.800 0.525
202508 0.529 112.100 0.529
202511 0.512 113.200 0.507
202602 0.542 112.200 0.542

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 7.04 mean?
Mani (MNICF) has a Cyclically Adjusted PS Ratio of 7.04 as of Jul. 11, 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 Mani and its competitors. This is 35% below median its historical median of 10.76. Over the past decade, Mani's Cyclically Adjusted PS Ratio has ranged from 4.87 to 22.16. According to the industry distribution chart, Mani ranks #434 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 83%.
Is Mani's Cyclically Adjusted PS Ratio too high?
Mani's current Cyclically Adjusted PS Ratio of 7.04 is 35% below median its 10-year median of 10.76. Over the past 10 years, this metric has ranged from a low of 4.87 to a high of 22.16. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.32. Mani's value of 7.04 is 203.4% above this industry median. Based on the distribution chart, Mani ranks #434 out of 523 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Mani has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Mani's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Mani ranks #434 out of 523 companies for Cyclically Adjusted PS Ratio. This places Mani in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.32. Mani's value of 7.04 is 203.4% above this benchmark. Historically, Mani's own Cyclically Adjusted PS Ratio has ranged from 4.87 to 22.16 over the past decade. While the company's 10-year median is 10.76 vs. the industry median of 2.32, Mani 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 2.32, based on 523 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. Mani's current Cyclically Adjusted PS Ratio of 7.04 is 203.4% 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 Mani and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mani's current Cyclically Adjusted PS Ratio is 7.04, which is 35% below median its own 10-year median of 10.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mani stock overvalued right now?
Mani (MNICF) has a current Cyclically Adjusted PS Ratio of 7.04. The stock's GF Value™ is $15.57, compared to a current price of $12.82 — trading 17.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.04, which is 35% below median its 10-year median of 10.76 and 203.4% above the Medical Devices & Instruments industry median of 2.32. Mani's overall GF Score™ is 93/100 with 7 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 Mani (MNICF), the current Cyclically Adjusted PS Ratio is 7.04 as of Jul. 11, 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 Mani (MNICF) Overvalued in 2026?

Based on GuruFocus' analysis, Mani stock appears to be undervalued. The current stock price of $12.82 is trading 17.7% below its estimated GF Value™ of $15.57.

Key valuation signals for MNICF:

  • Cyclically Adjusted PS Ratio: 7.04 (35% below median its 10-year median of 10.76)
  • GF Value™: $15.57 vs. price of $12.82 (17.7% below fair value)
  • GF Score™: 93/100 with 7 warning signs
  • Industry Position: 203.4% above the Medical Devices & Instruments median (#434 of 523)

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


Mani Business Description

Other Exchanges 7730:Japan
Address 8-3 Kogyodanchi, Tochigi, JPN
Mani Inc manufactures medical devices and dental instruments. It sells products in four categories: surgical instruments, ophthalmic instruments, suture needles, and dental instruments. Mani's surgical products include instruments such as staplers, vessel knives, and bone saws. Its ophthalmic instruments include a range of knives used during eye surgery and ophthalmic sutures. Mani's suture needles business includes a variety of taper point and cutting eyeless needles, which require suture attachment and sterilization by the customer, as well as stainless-steel eyed needles. The firm's dental instruments include endodontic instruments and accessories, root canal equipment, and finishing and polishing instruments.
93GF Score

Get the complete analysis for MNICF

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

$12.82
Price
$15.57
GF Value