Coherent (STU:H7B) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:H7B Coherent Corp STU:H7B
77 GF Score
Price €276.80
GF Value €86.11
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Coherent Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Coherent  (STU:H7B) 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.


Coherent Cyclically Adjusted PS Ratio Related Terms


Coherent Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Coherent'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.

Coherent Cyclically Adjusted PS Ratio Chart

Coherent Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 2.08 2.91 2.86 11.97

Coherent 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 2.84 3.35 5.84 7.26 11.86

STU:H7B vs KEYS, GRMN, TDY: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Coherent'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.


Coherent Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


STU:H7B
77GF Score
Coherent Corp STU:H7B
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Coherent 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.701/333.9520*333.9520
=8.701

Current CPI (Jun. 2026) = 333.9520.

Coherent Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.121 241.428 4.317
201612 3.338 241.432 4.617
201703 3.536 243.801 4.844
201706 3.825 244.955 5.215
201709 3.413 246.819 4.618
201712 3.676 246.524 4.980
201803 3.313 249.554 4.433
201806 4.136 251.989 5.481
201809 4.086 252.439 5.405
201812 4.575 251.233 6.081
201903 4.591 254.202 6.031
201906 4.915 256.143 6.408
201909 4.641 256.759 6.036
201912 6.622 256.974 8.606
202003 6.092 258.115 7.882
202006 6.635 257.797 8.595
202009 5.922 260.280 7.598
202012 5.734 260.474 7.352
202103 5.591 264.877 7.049
202106 5.771 271.696 7.093
202109 5.822 274.310 7.088
202112 6.062 278.802 7.261
202203 6.309 287.504 7.328
202206 7.124 296.311 8.029
202209 10.015 296.808 11.268
202212 9.697 296.797 10.911
202303 8.309 301.836 9.193
202306 7.946 305.109 8.697
202309 6.439 307.789 6.986
202312 6.943 306.746 7.559
202403 7.321 312.332 7.828
202406 8.001 314.175 8.505
202409 7.988 315.301 8.461
202412 8.407 315.605 8.896
202503 9.172 319.799 9.578
202506 8.677 322.561 8.983
202509 7.097 324.800 7.297
202512 7.513 324.054 7.742
202603 7.860 330.213 7.949
202606 8.701 333.952 8.701

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.

Is Coherent (STU:H7B) Overvalued in 2026?

Based on GuruFocus' analysis, Coherent stock appears to be overvalued. The current stock price of €276.80 is trading 221.4% above its estimated GF Value™ of €86.11. GuruFocus considers Coherent to be Significantly Overvalued.

Key valuation signals for STU:H7B:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €86.11 vs. price of €276.80 (221.4% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the STU:H7B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coherent Business Description

Address 375 Saxonburg Boulevard, Saxonburg, PA, USA, 16056
Coherent Corp is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the communications, industrial, instrumentation, and electronics markets. Its reporting segments are Datacenter Communications and Industrial. Its geographic areas are North America, Europe, China, Japan, and the rest of the world.
77GF 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.

€276.80
Price
€86.11
GF Value