Hitachi Construction Machinery Co (STU:HCM) Cyclically Adjusted PS Ratio: 0.98 (As of Aug. 17, 2026) — 21% Above Median

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STU:HCM Hitachi Construction Machinery Co Ltd STU:HCM
84 GF Score
Price €30.16
GF Value €24.67
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Hitachi Construction Machinery Co Cyclically Adjusted PS Ratio?

Hitachi Construction Machinery Co STU:HCM -1.15% 84 Cyclically Adjusted PS Ratio is 0.98 as of Aug. 17, 2026, which is 21% above its 10-year median of 0.81. GuruFocus rates STU:HCM with a GF Score™ of 84/100 and a GF Value™ of €24.67 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 168 Farm & Heavy Construction Machinery companies, Hitachi Construction Machinery Co ranks better than 52.98% on this metric.

As of today (2026-08-17), Hitachi Construction Machinery Co's current share price is €30.16. Hitachi Construction Machinery Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €30.70. Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio for today is 0.98.

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

STU:HCM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.81   Max: 1.27
Current: 0.97

During the past years, Hitachi Construction Machinery Co's highest Cyclically Adjusted PS Ratio was 1.27. The lowest was 0.47. And the median was 0.81.

STU:HCM's Cyclically Adjusted PS Ratio is ranked better than
52.98% of 168 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.03 vs STU:HCM: 0.97

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.

Hitachi Construction Machinery Co's adjusted revenue per share data for the three months ended in Jun. 2026 was €8.353. 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 €30.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hitachi Construction Machinery Co  (STU:HCM) 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.


Hitachi Construction Machinery Co Cyclically Adjusted PS Ratio Related Terms


Hitachi Construction Machinery Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hitachi Construction Machinery Co'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.

Hitachi Construction Machinery Co Cyclically Adjusted PS Ratio Chart

Hitachi Construction Machinery Co 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 0.76 0.68 0.93 0.75 0.94

Hitachi Construction Machinery Co 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 0.80 0.87 0.84 0.94 0.92

STU:HCM vs CAT, DE, PCAR: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery Co'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.


Hitachi Construction Machinery Co Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio falls into.


STU:HCM
84GF Score
Hitachi Construction Machinery Co Ltd STU:HCM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hitachi Construction Machinery Co 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.

Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.16/30.70
=0.98

* 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.

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

For example, Hitachi Construction Machinery Co'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)
=8.353/113.6000*113.6000
=8.353

Current CPI (Jun. 2026) = 113.6000.

Hitachi Construction Machinery Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.147 98.000 8.285
201612 6.613 98.400 7.635
201703 9.615 98.100 11.134
201706 7.980 98.500 9.203
201709 8.148 98.800 9.369
201712 8.571 99.400 9.795
201803 9.899 99.200 11.336
201806 8.785 99.200 10.060
201809 8.995 99.900 10.229
201812 9.312 99.700 10.610
201903 10.878 99.700 12.395
201906 9.038 99.800 10.288
201909 9.762 100.100 11.079
201912 8.016 100.500 9.061
202003 9.651 100.300 10.931
202006 6.605 99.900 7.511
202009 7.212 99.900 8.201
202012 7.367 99.300 8.428
202103 9.252 99.900 10.521
202106 8.087 99.500 9.233
202109 8.910 100.100 10.112
202112 9.018 100.100 10.234
202203 10.968 101.100 12.324
202206 8.884 101.800 9.914
202209 10.321 103.100 11.372
202212 10.656 104.100 11.628
202303 11.901 104.400 12.950
202306 9.825 105.200 10.610
202309 10.552 106.200 11.287
202312 10.370 106.800 11.030
202403 11.133 107.200 11.798
202406 9.081 108.200 9.534
202409 10.002 108.900 10.434
202412 9.503 110.700 9.752
202503 11.087 111.100 11.336
202506 8.637 111.700 8.784
202509 9.423 112.000 9.558
202512 8.375 113.000 8.419
202603 10.920 112.700 11.007
202606 8.353 113.600 8.353

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 0.98 mean?
Hitachi Construction Machinery Co (STU:HCM) has a Cyclically Adjusted PS Ratio of 0.98 as of Aug. 17, 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 Hitachi Construction Machinery Co and its competitors. This is 21% above median its historical median of 0.81. Over the past decade, Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio has ranged from 0.47 to 1.27. According to the industry distribution chart, Hitachi Construction Machinery Co ranks #79 out of 168 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 47%.
Is Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio too high?
Hitachi Construction Machinery Co's current Cyclically Adjusted PS Ratio of 0.98 is 21% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.27. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.03. Hitachi Construction Machinery Co's value of 0.98 is 4.9% below this industry median. Based on the distribution chart, Hitachi Construction Machinery Co ranks #79 out of 168 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Hitachi Construction Machinery Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hitachi Construction Machinery Co's Cyclically Adjusted PS Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Hitachi Construction Machinery Co ranks #79 out of 168 companies for Cyclically Adjusted PS Ratio. This puts Hitachi Construction Machinery Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.03. Hitachi Construction Machinery Co's value of 0.98 is 4.9% below this benchmark. Historically, Hitachi Construction Machinery Co's own Cyclically Adjusted PS Ratio has ranged from 0.47 to 1.27 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.03, Hitachi Construction Machinery Co 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.03, based on 168 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. Hitachi Construction Machinery Co's current Cyclically Adjusted PS Ratio of 0.98 is 4.9% 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 Hitachi Construction Machinery Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hitachi Construction Machinery Co's current Cyclically Adjusted PS Ratio is 0.98, which is 21% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitachi Construction Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Hitachi Construction Machinery Co (STU:HCM) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.67, compared to a current price of €30.16 — trading 22.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.98, which is 21% above median its 10-year median of 0.81 and 4.9% below the Farm & Heavy Construction Machinery industry median of 1.03. Hitachi Construction Machinery Co's overall GF Score™ is 84/100 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 Hitachi Construction Machinery Co (STU:HCM), the current Cyclically Adjusted PS Ratio is 0.98 as of Aug. 17, 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 Hitachi Construction Machinery Co (STU:HCM) Overvalued in 2026?

Based on GuruFocus' analysis, Hitachi Construction Machinery Co stock appears to be overvalued. The current stock price of €30.16 is trading 22.3% above its estimated GF Value™ of €24.67. GuruFocus considers Hitachi Construction Machinery Co to be Modestly Overvalued.

Key valuation signals for STU:HCM:

  • Cyclically Adjusted PS Ratio: 0.98 (21% above median its 10-year median of 0.81)
  • GF Value™: €24.67 vs. price of €30.16 (22.3% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 4.9% below the Farm & Heavy Construction Machinery median (#79 of 168)

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


Hitachi Construction Machinery Co Business Description

Address 16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining and construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.42% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo.
84GF Score

Get the complete analysis for STU:HCM

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

€30.16
Price
€24.67
GF Value