atect (TSE:4241) Cyclically Adjusted PS Ratio: 0.90 (As of Sep. 17, 2026) — 27% Below Median

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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.

TSE:4241 atect Corp TSE:4241
60 GF Score
Price 円663.00
GF Value 円609.36
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is atect Cyclically Adjusted PS Ratio?

atect TSE:4241 +2.00% 60 Cyclically Adjusted PS Ratio is 0.90 as of Sep. 17, 2026, which is 27% below its 10-year median of 1.24. GuruFocus rates TSE:4241 with a GF Score™ of 60/100 and a GF Value™ of 円609.36 (Fairly Valued). The stock has 5 warning signs investors should review. Among 461 Conglomerates companies, atect ranks worse than 52.49% on this metric.

As of today (2026-09-17), atect's current share price is 円663.00. atect's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円739.32. atect's Cyclically Adjusted PS Ratio for today is 0.90.

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

TSE:4241' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.24   Max: 3.24
Current: 0.88

During the past years, atect's highest Cyclically Adjusted PS Ratio was 3.24. The lowest was 0.57. And the median was 1.24.

TSE:4241's Cyclically Adjusted PS Ratio is ranked worse than
52.49% of 461 companies
in the Conglomerates industry
Industry Median: 0.75 vs TSE:4241: 0.88

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.

atect's adjusted revenue per share data for the three months ended in Mar. 2026 was 円192.202. 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739.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


atect  (TSE:4241) 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.


atect Cyclically Adjusted PS Ratio Related Terms


atect Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for atect'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.

atect Cyclically Adjusted PS Ratio Chart

atect 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 1.20 0.86 1.15 0.59 0.90

atect Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.57 0.61 0.72 0.90 0.85

TSE:4241 vs MMM, HON: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, atect'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.


atect Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, atect's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4241
60GF Score
atect Corp TSE:4241
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

atect 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=663.00/739.32
=0.90

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=192.202/112.7000*112.7000
=192.202

Current CPI (Mar. 2026) = 112.7000.

atect Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 147.256 98.100 169.172
201603 139.555 97.900 160.652
201606 140.838 98.100 161.799
201609 145.635 98.000 167.480
201612 142.902 98.400 163.669
201703 150.384 98.100 172.765
201706 150.239 98.500 171.898
201709 158.784 98.800 181.123
201712 157.556 99.400 178.637
201803 139.878 99.200 158.914
201806 158.835 99.200 180.451
201809 169.635 99.900 191.370
201812 177.758 99.700 200.936
201903 165.274 99.700 186.824
201906 171.863 99.800 194.078
201909 177.981 100.100 200.384
201912 165.696 100.500 185.810
202003 160.466 100.300 180.304
202006 151.029 99.900 170.380
202009 156.513 99.900 176.567
202012 168.240 99.300 190.943
202103 173.154 99.900 195.340
202106 188.999 99.500 214.072
202109 178.126 100.100 200.547
202112 165.684 100.100 186.539
202203 165.223 101.100 184.180
202206 170.226 101.800 188.453
202209 156.007 103.100 170.533
202212 174.315 104.100 188.716
202303 169.380 104.400 182.846
202306 195.493 105.200 209.430
202309 188.923 106.200 200.486
202312 169.962 106.800 179.351
202403 164.006 107.200 172.420
202409 172.841 108.900 178.872
202503 175.579 111.100 178.108
202506 186.878 111.700 188.551
202509 182.128 112.000 183.266
202512 198.178 113.000 197.652
202603 192.202 112.700 192.202

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 0.90 mean?
atect (TSE:4241) has a Cyclically Adjusted PS Ratio of 0.90 as of Sep. 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 atect and its competitors. This is 27% below median its historical median of 1.24. Over the past decade, atect's Cyclically Adjusted PS Ratio has ranged from 0.57 to 3.24. According to the industry distribution chart, atect ranks #242 out of 461 companies in the Conglomerates industry, placing it in the top 52.5%.
Is atect's Cyclically Adjusted PS Ratio too high?
atect's current Cyclically Adjusted PS Ratio of 0.90 is 27% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 3.24. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.75. atect's value of 0.90 is 20% above this industry median. Based on the distribution chart, atect ranks #242 out of 461 companies in the Conglomerates industry, which is below the industry midpoint. Overall, atect has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does atect's Cyclically Adjusted PS Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, atect ranks #242 out of 461 companies for Cyclically Adjusted PS Ratio. This places atect in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. atect's value of 0.90 is 20% above this benchmark. Historically, atect's own Cyclically Adjusted PS Ratio has ranged from 0.57 to 3.24 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 0.75, atect 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 Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.75, based on 461 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. atect's current Cyclically Adjusted PS Ratio of 0.90 is 20% 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 atect and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. atect's current Cyclically Adjusted PS Ratio is 0.90, which is 27% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is atect stock overvalued right now?
Based on GuruFocus' analysis, atect (TSE:4241) is currently considered Fairly Valued. The stock's GF Value™ is 円609.36, compared to a current price of 円663.00 — trading 8.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.90, which is 27% below median its 10-year median of 1.24 and 20% above the Conglomerates industry median of 0.75. atect's overall GF Score™ is 60/100 with 5 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 atect (TSE:4241), the current Cyclically Adjusted PS Ratio is 0.90 as of Sep. 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 atect (TSE:4241) Overvalued in 2026?

Based on GuruFocus' analysis, atect stock appears to be overvalued. The current stock price of 円663.00 is trading 8.8% above its estimated GF Value™ of 円609.36. GuruFocus considers atect to be Fairly Valued.

Key valuation signals for TSE:4241:

  • Cyclically Adjusted PS Ratio: 0.90 (27% below median its 10-year median of 1.24)
  • GF Value™: 円609.36 vs. price of 円663.00 (8.8% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 20% above the Conglomerates median (#242 of 461)

No single metric tells the full story. See the TSE:4241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


atect Business Description

Address 3275-1, Kami-haneda-cho, Shiga Prefecture, Higashi-omi, JPN, 578-0912
atect Corp is engaged in the sanitary business, which includes hygiene inspection equipment, semiconductor materials business, and PIM business.
60GF Score

Get the complete analysis for TSE:4241

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

円663.00
Price
円609.36
GF Value