SHMWF (ShinMaywa Industries) Cyclically Adjusted PS Ratio: 0.66 (As of Jul. 12, 2026) — 38% Above Median


SHMWF ShinMaywa Industries Ltd SHMWF
77 GF Score
Price $13.30
GF Value $9.06
Valuation Significantly Overvalued
! 1 Warning Sign
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What is ShinMaywa Industries Cyclically Adjusted PS Ratio?

ShinMaywa Industries SHMWF 77 Cyclically Adjusted PS Ratio is 0.66 as of Jul. 12, 2026, which is 38% above its 10-year median of 0.48. GuruFocus rates SHMWF with a GF Score™ of 77/100 and a GF Value™ of $9.06 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 474 Conglomerates companies, ShinMaywa Industries ranks better than 58.65% on this metric.

As of today (2026-07-12), ShinMaywa Industries's current share price is $13.30. ShinMaywa Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $20.01. ShinMaywa Industries's Cyclically Adjusted PS Ratio for today is 0.66.

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

SHMWF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.48   Max: 0.93
Current: 0.56

During the past years, ShinMaywa Industries's highest Cyclically Adjusted PS Ratio was 0.93. The lowest was 0.36. And the median was 0.48.

SHMWF's Cyclically Adjusted PS Ratio is ranked better than
58.65% of 474 companies
in the Conglomerates industry
Industry Median: 0.81 vs SHMWF: 0.56

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.

ShinMaywa Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was $8.509. 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 $20.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ShinMaywa Industries  (OTCPK:SHMWF) 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.


ShinMaywa Industries Cyclically Adjusted PS Ratio Related Terms


ShinMaywa Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ShinMaywa 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.

ShinMaywa Industries Cyclically Adjusted PS Ratio Chart

ShinMaywa Industries 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 0.37 0.44 0.42 0.43 0.66

ShinMaywa Industries 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 0.43 0.49 0.55 0.56 0.66

SHMWF vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, ShinMaywa 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.


ShinMaywa Industries Cyclically Adjusted PS Ratio vs Conglomerates Industry

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

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


SHMWF
77GF Score
ShinMaywa Industries Ltd SHMWF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ShinMaywa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.30/20.01
=0.66

* 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.

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

For example, ShinMaywa Industries'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)
=8.509/112.7000*112.7000
=8.509

Current CPI (Mar. 2026) = 112.7000.

ShinMaywa Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.234 98.100 4.864
201609 4.820 98.000 5.543
201612 4.191 98.400 4.800
201703 5.593 98.100 6.425
201706 4.182 98.500 4.785
201709 4.888 98.800 5.576
201712 4.619 99.400 5.237
201803 6.080 99.200 6.907
201806 4.391 99.200 4.989
201809 4.948 99.900 5.582
201812 5.401 99.700 6.105
201903 6.730 99.700 7.608
201906 6.937 99.800 7.834
201909 8.449 100.100 9.513
201912 7.582 100.500 8.502
202003 9.212 100.300 10.351
202006 6.335 99.900 7.147
202009 7.055 99.900 7.959
202012 7.811 99.300 8.865
202103 8.695 99.900 9.809
202106 6.422 99.500 7.274
202109 7.417 100.100 8.351
202112 7.251 100.100 8.164
202203 7.971 101.100 8.886
202206 5.359 101.800 5.933
202209 6.009 103.100 6.569
202212 6.359 104.100 6.884
202303 7.336 104.400 7.919
202306 5.624 105.200 6.025
202309 6.569 106.200 6.971
202312 6.439 106.800 6.795
202403 8.037 107.200 8.449
202406 5.517 108.200 5.746
202409 7.061 108.900 7.307
202412 6.219 110.700 6.331
202503 8.044 111.100 8.160
202506 6.044 111.700 6.098
202509 6.680 112.000 6.722
202512 7.059 113.000 7.040
202603 8.509 112.700 8.509

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 0.66 mean?
ShinMaywa Industries (SHMWF) has a Cyclically Adjusted PS Ratio of 0.66 as of Jul. 12, 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 ShinMaywa Industries and its competitors. This is 38% above median its historical median of 0.48. Over the past decade, ShinMaywa Industries' Cyclically Adjusted PS Ratio has ranged from 0.36 to 0.93. According to the industry distribution chart, ShinMaywa Industries ranks #196 out of 474 companies in the Conglomerates industry, placing it in the top 41.4%.
Is ShinMaywa Industries' Cyclically Adjusted PS Ratio too high?
ShinMaywa Industries' current Cyclically Adjusted PS Ratio of 0.66 is 38% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.93. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.81. ShinMaywa Industries' value of 0.66 is 18.5% below this industry median. Based on the distribution chart, ShinMaywa Industries ranks #196 out of 474 companies in the Conglomerates industry, which is above the industry midpoint. Overall, ShinMaywa Industries has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ShinMaywa Industries' Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, ShinMaywa Industries ranks #196 out of 474 companies for Cyclically Adjusted PS Ratio. This puts ShinMaywa Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.81. ShinMaywa Industries' value of 0.66 is 18.5% below this benchmark. Historically, ShinMaywa Industries' own Cyclically Adjusted PS Ratio has ranged from 0.36 to 0.93 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.81, ShinMaywa 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 a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.81, based on 474 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. ShinMaywa Industries's current Cyclically Adjusted PS Ratio of 0.66 is 18.5% 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 ShinMaywa Industries and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ShinMaywa Industries's current Cyclically Adjusted PS Ratio is 0.66, which is 38% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ShinMaywa Industries stock overvalued right now?
Based on GuruFocus' analysis, ShinMaywa Industries (SHMWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.06, compared to a current price of $13.30 — trading 46.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.66, which is 38% above median its 10-year median of 0.48 and 18.5% below the Conglomerates industry median of 0.81. ShinMaywa Industries' overall GF Score™ is 77/100 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 ShinMaywa Industries (SHMWF), the current Cyclically Adjusted PS Ratio is 0.66 as of Jul. 12, 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 ShinMaywa Industries (SHMWF) Overvalued in 2026?

Based on GuruFocus' analysis, ShinMaywa Industries stock appears to be overvalued. The current stock price of $13.30 is trading 46.8% above its estimated GF Value™ of $9.06. GuruFocus considers ShinMaywa Industries to be Significantly Overvalued.

Key valuation signals for SHMWF:

  • Cyclically Adjusted PS Ratio: 0.66 (38% above median its 10-year median of 0.48)
  • GF Value™: $9.06 vs. price of $13.30 (46.8% above fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 18.5% below the Conglomerates median (#196 of 474)

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


ShinMaywa Industries Business Description

Other Exchanges 7224:Japan
Address 1-1 Shinmeiwa-cho, Takarazuka, Hyogo, JPN, 665-8550
ShinMaywa Industries Ltd manufactures a wide range of products, including parking systems, aircrafts, trucks, and other industrial systems. The company has four operating segments: aircraft, special-purpose truck, industrial machinery and environmental systems, and parking systems. The special-purpose truck segment generates roughly half of total sales and focuses on distributing dump trucks, lifters, compactors, and forestry machinery. The aircraft segment sells amphibian aircraft (capable of open-sea landing and takeoff) and aircraft parts to other manufacturers. Sales to customers located in Japan constitute about three fourths of total revenue.
77GF Score

Get the complete analysis for SHMWF

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

$13.30
Price
$9.06
GF Value