Shionogi (TSE:4507) Cyclically Adjusted PS Ratio: (As of Sep. 20, 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.
Reviewed by: Charlie Tian Charlie Tian
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.

TSE:4507 Shionogi & Co Ltd TSE:4507
83 GF Score
Price 円2,954.50
GF Value 円3,346.53
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shionogi Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shionogi  (TSE:4507) 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.


Shionogi Cyclically Adjusted PS Ratio Related Terms


Shionogi Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shionogi'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.

Shionogi Cyclically Adjusted PS Ratio Chart

Shionogi 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 7.42 5.44 6.54 5.24 7.59

Shionogi 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 5.94 5.86 6.26 7.56 5.89

TSE:4507 vs ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Shionogi'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.


Shionogi Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shionogi's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:4507
83GF Score
Shionogi & Co Ltd TSE:4507
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shionogi 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.

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

For example, Shionogi'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)
=191.868/113.6000*113.6000
=191.868

Current CPI (Jun. 2026) = 113.6000.

Shionogi Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 82.621 98.000 95.773
201612 103.137 98.400 119.069
201703 85.155 98.100 98.610
201706 77.229 98.500 89.068
201709 99.999 98.800 114.979
201712 94.002 99.400 107.431
201803 84.767 99.200 97.072
201806 92.486 99.200 105.911
201809 83.444 99.900 94.887
201812 103.073 99.700 117.443
201903 105.012 99.700 119.653
201906 86.373 99.800 98.316
201909 88.584 100.100 100.531
201912 98.462 100.500 111.296
202003 86.189 100.300 97.618
202006 78.296 99.900 89.033
202009 82.758 99.900 94.107
202012 82.062 99.300 93.880
202103 80.450 99.900 91.483
202106 76.230 99.500 87.032
202109 84.132 100.100 95.478
202112 82.387 100.100 93.498
202203 127.674 101.100 143.460
202206 79.402 101.800 88.606
202209 87.497 103.100 96.408
202212 211.582 104.100 230.891
202303 100.051 104.400 108.868
202306 123.764 105.200 133.646
202309 137.998 106.200 147.614
202312 122.722 106.800 130.536
202403 114.988 107.200 121.853
202406 114.700 108.200 120.424
202409 136.771 108.900 142.674
202412 140.591 110.700 144.274
202503 122.981 111.100 125.748
202506 117.263 111.700 119.258
202509 132.966 112.000 134.866
202512 173.565 113.000 174.487
202603 163.275 112.700 164.579
202606 191.868 113.600 191.868

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 Shionogi (TSE:4507) Overvalued in 2026?

Based on GuruFocus' analysis, Shionogi stock appears to be undervalued. The current stock price of 円2,954.50 is trading 11.7% below its estimated GF Value™ of 円3,346.53. GuruFocus considers Shionogi to be Modestly Undervalued.

Key valuation signals for TSE:4507:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: 円3,346.53 vs. price of 円2,954.50 (11.7% below fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the TSE:4507 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shionogi Business Description

Address 3-1-8 Doshomachi, Chuo-ku, Osaka, JPN, 541-0045
Shionogi & Co Ltd is a specialty and generic drug manufacturing company. The company focuses on the manufacturing and distribution of pharmaceuticals, diagnostic reagents, and medical devices. The company engages in manufacturing, formulation, packaging, and analysis as part of its commercialization research that spans late-stage drug discovery through commercial production. It provides products and services in Japan, Europe, North America, and other regions.
83GF Score

Get the complete analysis for TSE:4507

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

円2,954.50
Price
円3,346.53
GF Value