Immersion (STU:IMV) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:IMV Immersion Corp STU:IMV
76 GF Score
Price €6.23
GF Value €88.76
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Immersion Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Immersion  (STU:IMV) 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.


Immersion Cyclically Adjusted PS Ratio Related Terms


Immersion Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Immersion'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.

Immersion Cyclically Adjusted PS Ratio Chart

Immersion Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.13 3.70 3.78 - -

Immersion Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 0.91 0.68 0.58 0.49 0.58

STU:IMV vs SMRT, ASUR, KLTR: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Immersion'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.


Immersion Cyclically Adjusted PS Ratio vs Software Industry

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

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


STU:IMV
76GF Score
Immersion Corp STU:IMV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Immersion 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=7.664/333.9180*333.9180
=7.664

Current CPI (Jul. 2026) = 333.9180.

Immersion Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.241 241.018 0.334
201609 0.805 241.428 1.113
201612 0.299 241.432 0.414
201703 0.298 243.801 0.408
201706 0.219 244.955 0.299
201709 0.346 246.819 0.468
201712 0.200 246.524 0.271
201803 2.274 249.554 3.043
201806 0.169 251.989 0.224
201809 0.239 252.439 0.316
201812 0.309 251.233 0.411
201903 0.145 254.202 0.190
201906 0.246 256.143 0.321
201909 0.301 256.759 0.391
201912 0.325 256.974 0.422
202003 0.183 258.115 0.237
202006 0.186 257.797 0.241
202009 0.240 260.280 0.308
202012 0.336 260.474 0.431
202103 0.204 264.877 0.257
202106 0.292 271.696 0.359
202109 0.187 274.310 0.228
202112 0.252 278.802 0.302
202203 0.190 287.504 0.221
202206 0.223 296.311 0.251
202209 0.413 296.808 0.465
202212 0.276 296.797 0.311
202303 0.199 301.836 0.220
202306 0.196 305.109 0.215
202309 0.266 307.789 0.289
202312 0.295 306.746 0.321
202407 5.166 314.540 5.484
202410 17.018 315.664 18.002
202501 13.597 317.671 14.292
202504 8.014 320.795 8.342
202507 7.790 323.048 8.052
202510 16.761 0.000
202601 13.489 325.252 13.848
202604 6.971 333.020 6.990
202607 7.664 333.918 7.664

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 Immersion (STU:IMV) Overvalued in 2026?

Based on GuruFocus' analysis, Immersion stock appears to be undervalued. The current stock price of €6.23 is trading 93% below its estimated GF Value™ of €88.76. GuruFocus considers Immersion to be Significantly Undervalued.

Key valuation signals for STU:IMV:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €88.76 vs. price of €6.23 (93% below fair value)
  • GF Score™: 76/100 with 8 warning signs

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


Immersion Business Description

Other Exchanges IMMR:USAIMV:Germany
Address 2999 N.E. 191st Street, Suite 610, Aventura, FL, USA, 33180
Immersion Corp is focused on the creation, design, development, and licensing of haptic technologies that allow people to use its sense of touch more fully as it involves engaging with products and experience the digital world. The company's software focuses on applications in mobile devices, wearables, consumer, and gaming devices markets. It generates revenue from royalty and license fees, and development contract and service fees. Geographically, the company generates a majority of its revenue from Japan, followed by Korea, Germany, United States of America and other countries.
76GF Score

Get the complete analysis for STU:IMV

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

€6.23
Price
€88.76
GF Value