Spindex Industries (SGX:564) Cyclically Adjusted PS Ratio: 0.84 (As of Sep. 04, 2026) — Near Median

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SGX:564 Spindex Industries Ltd SGX:564
68 GF Score
Price S$1.42
GF Value S$0.88
! 9 Warning Signs
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What is Spindex Industries Cyclically Adjusted PS Ratio?

Spindex Industries SGX:564 68 Cyclically Adjusted PS Ratio is 0.84 as of Sep. 04, 2026, which is 2% below its 10-year median of 0.86. GuruFocus rates SGX:564 with a GF Score™ of 68/100 and a GF Value™ of S$0.88. The stock has 9 warning signs investors should review.

As of today (2026-09-04), Spindex Industries's current share price is S$1.42. Spindex Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 was S$1.70. Spindex Industries's Cyclically Adjusted PS Ratio for today is 0.84.

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

SGX:564' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.86   Max: 1.32
Current: 0.84

During the past 13 years, Spindex Industries's highest Cyclically Adjusted PS Ratio was 1.32. The lowest was 0.51. And the median was 0.86.

SGX:564's Cyclically Adjusted PS Ratio is not ranked
in the Industrial Products industry.
Industry Median: 1.8 vs SGX:564: 0.84

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.

Spindex Industries's adjusted revenue per share data of for the fiscal year that ended in Jun25 was S$1.569. 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 S$1.70 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spindex Industries  (SGX:564) 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.


Spindex Industries Cyclically Adjusted PS Ratio Related Terms


Spindex Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Spindex Industries'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.

Spindex Industries Cyclically Adjusted PS Ratio Chart

Spindex Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.73 0.63 0.55 0.64

Spindex Industries Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.63 0.00 0.55 0.00 0.64

SGX:564 vs SNA, RBC, LECO: Cyclically Adjusted PS Ratio Comparison

For the Tools & Accessories subindustry, Spindex Industries'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.


Spindex Industries Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spindex Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SGX:564
68GF Score
Spindex Industries Ltd SGX:564
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spindex Industries 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.

Spindex Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.42/1.70
=0.84

* 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.

Spindex Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Spindex Industries's adjusted Revenue per Share data for the fiscal year that ended in Jun25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=1.569/322.5610*322.5610
=1.569

Current CPI (Jun25) = 322.5610.

Spindex Industries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.076 241.018 1.440
201706 1.229 244.955 1.618
201806 1.317 251.989 1.686
201906 1.351 256.143 1.701
202006 1.297 257.797 1.623
202106 1.776 271.696 2.108
202206 1.786 296.311 1.944
202306 1.590 305.109 1.681
202406 1.563 314.175 1.605
202506 1.569 322.561 1.569

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 0.84 mean?
Spindex Industries (SGX:564) has a Cyclically Adjusted PS Ratio of 0.84 as of Sep. 04, 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 Spindex Industries and its competitors. This is near median its historical median of 0.86. Over the past decade, Spindex Industries' Cyclically Adjusted PS Ratio has ranged from 0.51 to 1.32.
Is Spindex Industries' Cyclically Adjusted PS Ratio too high?
Spindex Industries' current Cyclically Adjusted PS Ratio of 0.84 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.32. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.80. Spindex Industries' value of 0.84 is 53.3% below this industry median. Overall, Spindex Industries has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Spindex Industries' Cyclically Adjusted PS Ratio compare to SNA and RBC?
Spindex Industries' Cyclically Adjusted PS Ratio of 0.84 can be compared against companies in the Industrial Products industry. The industry median Cyclically Adjusted PS Ratio is 1.80. Spindex Industries' value of 0.84 is 53.3% below this benchmark. Historically, Spindex Industries' own Cyclically Adjusted PS Ratio has ranged from 0.51 to 1.32 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.80, Spindex Industries 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.80, based on 2,283 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. Spindex Industries's current Cyclically Adjusted PS Ratio of 0.84 is 53.3% 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 Spindex Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindex Industries's current Cyclically Adjusted PS Ratio is 0.84, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindex Industries stock overvalued right now?
Spindex Industries (SGX:564) has a current Cyclically Adjusted PS Ratio of 0.84. The stock's GF Value™ is S$0.88, compared to a current price of S$1.42 — trading 61.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.84, which is near median its 10-year median of 0.86 and 53.3% below the Industrial Products industry median of 1.80. Spindex Industries' overall GF Score™ is 68/100 with 9 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 Spindex Industries (SGX:564), the current Cyclically Adjusted PS Ratio is 0.84 as of Sep. 04, 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 Spindex Industries (SGX:564) Overvalued in 2026?

Based on GuruFocus' analysis, Spindex Industries stock appears to be overvalued. The current stock price of S$1.42 is trading 61.4% above its estimated GF Value™ of S$0.88.

Key valuation signals for SGX:564:

  • Cyclically Adjusted PS Ratio: 0.84 (near median its 10-year median of 0.86)
  • GF Value™: S$0.88 vs. price of S$1.42 (61.4% above fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 53.3% below the Industrial Products median

No single metric tells the full story. See the SGX:564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spindex Industries Business Description

Address 8 Boon Lay Way, No. 10-03, 8 TradeHub 21, Singapore, SGP, 609964
Spindex Industries Ltd is a manufacturer, importer, exporter, and dealer of mechanical, electrical, and electronic parts. The company's operating segment includes Imaging and printing; Machinery and automotive systems; and Consumer product and others. It generates maximum revenue from the Machinery and automotive systems segment. Geographically, it derives a majority of its revenue from the USA, Europe and others and also has a presence in Singapore; ASEAN, and China.
68GF Score

Get the complete analysis for SGX:564

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

S$1.42
Price
S$0.88
GF Value