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.
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.
Tomen DevicesTSE:2737 +2.28%68 Cyclically Adjusted PS Ratio is 0.60 as of Aug. 16, 2026, which is 300% above its 10-year median of 0.15. GuruFocus rates TSE:2737 with a GF Score™ of 68/100 and a GF Value™ of 円10,424.38 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 729 Semiconductors companies, Tomen Devices ranks better than 84.77% on this metric.
The historical rank and industry rank for Tomen Devices's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSE:2737'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.15 Max: 0.6
Current: 0.6
During the past 13 years, Tomen Devices's highest Cyclically Adjusted PS Ratio was 0.60. The lowest was 0.09. And the median was 0.15.
TSE:2737's Cyclically Adjusted PS Ratio is ranked better than 84.77% of 729
companies
in the Semiconductors industry
Industry Median: 3.12
vs TSE:2737: 0.60
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.
Tomen Devices's adjusted revenue per share data of for the fiscal year that ended in Mar26 was 円93,186.471. 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 円52,362.70 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tomen Devices (TSE:2737) 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.
Tomen Devices Cyclically Adjusted PS Ratio Related Terms
Tomen Devices Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Tomen Devices'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.
TSE:2737 vs NVDA, AVGO, MU: Cyclically Adjusted PS Ratio Comparison
For the Semiconductors subindustry, Tomen Devices'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.
Tomen Devices Cyclically Adjusted PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Tomen Devices's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Tomen Devices's Cyclically Adjusted PS Ratio falls into.
Tomen Devices 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.
Tomen Devices's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 0.60 mean?
Tomen Devices (TSE:2737) has a Cyclically Adjusted PS Ratio of 0.60 as of Aug. 16, 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 Tomen Devices and its competitors. This is 300% above median its historical median of 0.15. Over the past decade, Tomen Devices' Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.60. According to the industry distribution chart, Tomen Devices ranks #111 out of 729 companies in the Semiconductors industry, placing it in the top 15.2%.
Is Tomen Devices' Cyclically Adjusted PS Ratio too high?
Tomen Devices' current Cyclically Adjusted PS Ratio of 0.60 is 300% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.60. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.12. Tomen Devices' value of 0.60 is 80.8% below this industry median. Based on the distribution chart, Tomen Devices ranks #111 out of 729 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Tomen Devices has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tomen Devices' Cyclically Adjusted PS Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Tomen Devices ranks #111 out of 729 companies for Cyclically Adjusted PS Ratio. This places Tomen Devices in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.12. Tomen Devices' value of 0.60 is 80.8% below this benchmark. Historically, Tomen Devices' own Cyclically Adjusted PS Ratio has ranged from 0.09 to 0.60 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 3.12, Tomen Devices 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.12, based on 729 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. Tomen Devices's current Cyclically Adjusted PS Ratio of 0.60 is 80.8% 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 Tomen Devices and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomen Devices's current Cyclically Adjusted PS Ratio is 0.60, which is 300% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomen Devices stock overvalued right now?
Based on GuruFocus' analysis, Tomen Devices (TSE:2737) is currently considered Significantly Overvalued. The stock's GF Value™ is 円10,424.38, compared to a current price of 円31,400.00 — trading 201.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.60, which is 300% above median its 10-year median of 0.15 and 80.8% below the Semiconductors industry median of 3.12. Tomen Devices' overall GF Score™ is 68/100 with 12 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 Tomen Devices (TSE:2737), the current Cyclically Adjusted PS Ratio is 0.60 as of Aug. 16, 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 Tomen Devices (TSE:2737) Overvalued in 2026?
Based on GuruFocus' analysis, Tomen Devices stock appears to be overvalued.
The current stock price of 円31,400.00 is trading 201.2% above its estimated GF Value™ of 円10,424.38.
GuruFocus considers Tomen Devices to be Significantly Overvalued.
Key valuation signals for TSE:2737:
Cyclically Adjusted PS Ratio: 0.60 (300% above median its 10-year median of 0.15)
GF Value™: 円10,424.38 vs. price of 円31,400.00 (201.2% above fair value)
Industry Position: 80.8% below the Semiconductors median (#111 of 729)
No single metric tells the full story. See the TSE:2737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomen Devices Corp is a Japan-based company operating in the semiconductor sector. The company is mainly engaged in the production and sales of semiconductors and electronic parts. It offers memory products, system large scale integration (LSI) products, thin film transistor (TFT), liquid crystal panels and fluorescent display tubes.
68GF Score
Get the complete analysis for TSE:2737
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2737 has been successfully added to your 
