SHMXY (Shimadzu) Cyclically Adjusted PS Ratio: 2.39 (As of Aug. 15, 2026) — 17% Below Median

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SHMXY Shimadzu Corp SHMXY
73 GF Score
Price $13.00
GF Value $14.29
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Shimadzu Cyclically Adjusted PS Ratio?

Shimadzu SHMXY 73 Cyclically Adjusted PS Ratio is 2.39 as of Aug. 15, 2026, which is 17% below its 10-year median of 2.87. GuruFocus rates SHMXY with a GF Score™ of 73/100 and a GF Value™ of $14.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,976 Hardware companies, Shimadzu ranks worse than 65.49% on this metric.

As of today (2026-08-15), Shimadzu's current share price is $13.00. Shimadzu's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $5.43. Shimadzu's Cyclically Adjusted PS Ratio for today is 2.39.

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

SHMXY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.9   Med: 2.87   Max: 4.62
Current: 2.58

During the past years, Shimadzu's highest Cyclically Adjusted PS Ratio was 4.62. The lowest was 1.90. And the median was 2.87.

SHMXY's Cyclically Adjusted PS Ratio is ranked worse than
65.49% of 1976 companies
in the Hardware industry
Industry Median: 1.39 vs SHMXY: 2.58

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.

Shimadzu's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.767. 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 $5.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shimadzu  (OTCPK:SHMXY) 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.


Shimadzu Cyclically Adjusted PS Ratio Related Terms


Shimadzu Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shimadzu'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.

Shimadzu Cyclically Adjusted PS Ratio Chart

Shimadzu 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 3.43 3.09 2.94 2.40 2.26

Shimadzu 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 2.27 2.35 2.57 2.26 0.00

SHMXY vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Shimadzu'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.


Shimadzu Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


SHMXY
73GF Score
Shimadzu Corp SHMXY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shimadzu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.00/5.43
=2.39

* 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.

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

For example, Shimadzu'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)
=1.767/112.7000*112.7000
=1.767

Current CPI (Mar. 2026) = 112.7000.

Shimadzu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.122 98.100 1.289
201609 1.417 98.000 1.630
201612 1.192 98.400 1.365
201703 1.595 98.100 1.832
201706 1.159 98.500 1.326
201709 1.474 98.800 1.681
201712 1.370 99.400 1.553
201803 1.812 99.200 2.059
201806 1.321 99.200 1.501
201809 1.472 99.900 1.661
201812 1.443 99.700 1.631
201903 1.726 99.700 1.951
201906 1.269 99.800 1.433
201909 1.668 100.100 1.878
201912 1.441 100.500 1.616
202003 1.676 100.300 1.883
202006 1.265 99.900 1.427
202009 1.585 99.900 1.788
202012 1.591 99.300 1.806
202103 1.834 99.900 2.069
202106 1.453 99.500 1.646
202109 1.660 100.100 1.869
202112 1.547 100.100 1.742
202203 1.750 101.100 1.951
202206 1.249 101.800 1.383
202209 1.460 103.100 1.596
202212 1.479 104.100 1.601
202303 1.812 104.400 1.956
202306 1.311 105.200 1.404
202309 1.495 106.200 1.587
202312 1.486 106.800 1.568
202403 1.656 107.200 1.741
202406 1.257 108.200 1.309
202409 1.595 108.900 1.651
202412 1.471 110.700 1.498
202503 1.772 111.100 1.798
202506 1.418 111.700 1.431
202509 1.615 112.000 1.625
202512 1.580 113.000 1.576
202603 1.767 112.700 1.767

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 2.39 mean?
Shimadzu (SHMXY) has a Cyclically Adjusted PS Ratio of 2.39 as of Aug. 15, 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 Shimadzu and its competitors. This is 17% below median its historical median of 2.87. Over the past decade, Shimadzu's Cyclically Adjusted PS Ratio has ranged from 1.90 to 4.62. According to the industry distribution chart, Shimadzu ranks #1294 out of 1976 companies in the Hardware industry, placing it in the top 65.5%.
Is Shimadzu's Cyclically Adjusted PS Ratio too high?
Shimadzu's current Cyclically Adjusted PS Ratio of 2.39 is 17% below median its 10-year median of 2.87. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 4.62. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Shimadzu's value of 2.39 is 71.9% above this industry median. Based on the distribution chart, Shimadzu ranks #1294 out of 1976 companies in the Hardware industry, which is below the industry midpoint. Overall, Shimadzu has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shimadzu's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Shimadzu ranks #1294 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Shimadzu in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Shimadzu's value of 2.39 is 71.9% above this benchmark. Historically, Shimadzu's own Cyclically Adjusted PS Ratio has ranged from 1.90 to 4.62 over the past decade. While the company's 10-year median is 2.87 vs. the industry median of 1.39, Shimadzu 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.39, based on 1,976 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. Shimadzu's current Cyclically Adjusted PS Ratio of 2.39 is 71.9% 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 Shimadzu and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimadzu's current Cyclically Adjusted PS Ratio is 2.39, which is 17% below median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimadzu stock overvalued right now?
Based on GuruFocus' analysis, Shimadzu (SHMXY) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.29, compared to a current price of $13.00 — trading 9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.39, which is 17% below median its 10-year median of 2.87 and 71.9% above the Hardware industry median of 1.39. Shimadzu's overall GF Score™ is 73/100 with 2 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 Shimadzu (SHMXY), the current Cyclically Adjusted PS Ratio is 2.39 as of Aug. 15, 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 Shimadzu (SHMXY) Overvalued in 2026?

Based on GuruFocus' analysis, Shimadzu stock appears to be undervalued. The current stock price of $13.00 is trading 9% below its estimated GF Value™ of $14.29. GuruFocus considers Shimadzu to be Modestly Undervalued.

Key valuation signals for SHMXY:

  • Cyclically Adjusted PS Ratio: 2.39 (17% below median its 10-year median of 2.87)
  • GF Value™: $14.29 vs. price of $13.00 (9% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 71.9% above the Hardware median (#1294 of 1976)

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


Shimadzu Business Description

Other Exchanges 7701:JapanHDZ:Germany
Address 1 Nishinokyo Kuwabaracho, Nakagyo-ku, Kyoto, JPN, 604-8511
Shimadzu Corp is a Japan-based company engaged in the manufacture of precision instruments, measuring equipment, and medical devices. The firm operates in four segments: Aviation Equipment, Industrial Equipment, Measuring Equipment, Medical Equipment, and Others. It generates the majority of its revenue from the Measuring Equipment segment, which is engaged in the provision of X-ray television (TV) systems, angiography systems, X-ray imaging systems, and others.
73GF Score

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

$13.00
Price
$14.29
GF Value