Terumo (STU:TUO) Cyclically Adjusted PS Ratio: 4.49 (As of Aug. 21, 2026) — 16% Below Median

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STU:TUO Terumo Corp STU:TUO
82 GF Score
Price €13.42
GF Value €16.91
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Terumo Cyclically Adjusted PS Ratio?

Terumo STU:TUO +1.94% 82 Cyclically Adjusted PS Ratio is 4.49 as of Aug. 21, 2026, which is 16% below its 10-year median of 5.34. GuruFocus rates STU:TUO with a GF Score™ of 82/100 and a GF Value™ of €16.91 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 523 Medical Devices & Instruments companies, Terumo ranks worse than 70.75% on this metric.

As of today (2026-08-21), Terumo's current share price is €13.415. Terumo's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €2.99. Terumo's Cyclically Adjusted PS Ratio for today is 4.49.

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

STU:TUO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.51   Med: 5.34   Max: 7.83
Current: 4.75

During the past years, Terumo's highest Cyclically Adjusted PS Ratio was 7.83. The lowest was 3.51. And the median was 5.34.

STU:TUO's Cyclically Adjusted PS Ratio is ranked worse than
70.75% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.3 vs STU:TUO: 4.75

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.

Terumo's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.141. 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 €2.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Terumo  (STU:TUO) 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.


Terumo Cyclically Adjusted PS Ratio Related Terms


Terumo Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Terumo'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.

Terumo Cyclically Adjusted PS Ratio Chart

Terumo 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 5.02 4.37 6.05 5.60 3.86

Terumo 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 5.19 4.69 4.23 3.86 3.97

STU:TUO vs ISRG, BDX, MDLN: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Terumo'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.


Terumo Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Terumo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:TUO
82GF Score
Terumo Corp STU:TUO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Terumo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.415/2.99
=4.49

* 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.

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

For example, Terumo'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)
=1.141/113.6000*113.6000
=1.141

Current CPI (Jun. 2026) = 113.6000.

Terumo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.678 98.000 0.786
201612 0.679 98.400 0.784
201703 0.760 98.100 0.880
201706 0.739 98.500 0.852
201709 0.728 98.800 0.837
201712 0.754 99.400 0.862
201803 0.762 99.200 0.873
201806 0.733 99.200 0.839
201809 0.714 99.900 0.812
201812 0.821 99.700 0.935
201903 0.820 99.700 0.934
201906 0.826 99.800 0.940
201909 0.862 100.100 0.978
201912 0.887 100.500 1.003
202003 0.882 100.300 0.999
202006 0.716 99.900 0.814
202009 0.807 99.900 0.918
202012 0.865 99.300 0.990
202103 0.844 99.900 0.960
202106 0.855 99.500 0.976
202109 0.882 100.100 1.001
202112 0.919 100.100 1.043
202203 0.910 101.100 1.023
202206 0.921 101.800 1.028
202209 0.962 103.100 1.060
202212 1.005 104.100 1.097
202303 0.948 104.400 1.032
202306 0.943 105.200 1.018
202309 0.972 106.200 1.040
202312 1.023 106.800 1.088
202403 0.988 107.200 1.047
202406 1.023 108.200 1.074
202409 1.063 108.900 1.109
202412 1.104 110.700 1.133
202503 1.106 111.100 1.131
202506 1.057 111.700 1.075
202509 1.074 112.000 1.089
202512 1.102 113.000 1.108
202603 1.110 112.700 1.119
202606 1.141 113.600 1.141

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 4.49 mean?
Terumo (STU:TUO) has a Cyclically Adjusted PS Ratio of 4.49 as of Aug. 21, 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 Terumo and its competitors. This is 16% below median its historical median of 5.34. Over the past decade, Terumo's Cyclically Adjusted PS Ratio has ranged from 3.51 to 7.83. According to the industry distribution chart, Terumo ranks #370 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 70.7%.
Is Terumo's Cyclically Adjusted PS Ratio too high?
Terumo's current Cyclically Adjusted PS Ratio of 4.49 is 16% below median its 10-year median of 5.34. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 7.83. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.30. Terumo's value of 4.49 is 95.2% above this industry median. Based on the distribution chart, Terumo ranks #370 out of 523 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Terumo has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Terumo's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Terumo ranks #370 out of 523 companies for Cyclically Adjusted PS Ratio. This places Terumo in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.30. Terumo's value of 4.49 is 95.2% above this benchmark. Historically, Terumo's own Cyclically Adjusted PS Ratio has ranged from 3.51 to 7.83 over the past decade. While the company's 10-year median is 5.34 vs. the industry median of 2.30, Terumo 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.30, based on 523 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. Terumo's current Cyclically Adjusted PS Ratio of 4.49 is 95.2% 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 Terumo and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Terumo's current Cyclically Adjusted PS Ratio is 4.49, which is 16% below median its own 10-year median of 5.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terumo stock overvalued right now?
Based on GuruFocus' analysis, Terumo (STU:TUO) is currently considered Modestly Undervalued. The stock's GF Value™ is €16.91, compared to a current price of €13.42 — trading 20.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.49, which is 16% below median its 10-year median of 5.34 and 95.2% above the Medical Devices & Instruments industry median of 2.30. Terumo's overall GF Score™ is 82/100 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 Terumo (STU:TUO), the current Cyclically Adjusted PS Ratio is 4.49 as of Aug. 21, 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 Terumo (STU:TUO) Overvalued in 2026?

Based on GuruFocus' analysis, Terumo stock appears to be undervalued. The current stock price of €13.42 is trading 20.7% below its estimated GF Value™ of €16.91. GuruFocus considers Terumo to be Modestly Undervalued.

Key valuation signals for STU:TUO:

  • Cyclically Adjusted PS Ratio: 4.49 (16% below median its 10-year median of 5.34)
  • GF Value™: €16.91 vs. price of €13.42 (20.7% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 95.2% above the Medical Devices & Instruments median (#370 of 523)

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


Terumo Business Description

Address 2-44-1 Hatagaya, Shibuya-ku, Tokyo, JPN, 151-0072
Started as a clinical thermometer producer in Japan in 1921, Terumo is a comprehensive medical device player with a diversified global revenue. Its product portfolio includes prefilled syringes, insulin patch pumps, neurovascular or cardiac vascular interventional devices, and blood processing systems. As of 2025, the cardiac and vascular business is the largest segment, contributing over 60% of its total revenue. Geographically, North America is the largest region, with 38% of Terumo's revenue.
82GF Score

Get the complete analysis for STU:TUO

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

€13.42
Price
€16.91
GF Value