Terumo (TSE:4543) Cyclically Adjusted PS Ratio: 4.26 (As of Aug. 01, 2026) — 20% Below Median

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TSE:4543 Terumo Corp TSE:4543
89 GF Score
Price 円2,324.00
GF Value 円3,164.39
Valuation Modestly Undervalued
View Full Analysis

What is Terumo Cyclically Adjusted PS Ratio?

Terumo TSE:4543 -3.79% 89 Cyclically Adjusted PS Ratio is 4.26 as of Aug. 01, 2026, which is 20% below its 10-year median of 5.34. GuruFocus rates TSE:4543 with a GF Score™ of 89/100 and a GF Value™ of 円3,164.39 (Modestly Undervalued). Among 520 Medical Devices & Instruments companies, Terumo ranks worse than 67.12% on this metric.

As of today (2026-08-01), Terumo's current share price is 円2324.00. Terumo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円545.82. Terumo's Cyclically Adjusted PS Ratio for today is 4.26.

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

TSE:4543' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.51   Med: 5.34   Max: 7.83
Current: 3.97

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.

TSE:4543's Cyclically Adjusted PS Ratio is ranked worse than
67.12% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 2.26 vs TSE:4543: 3.97

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 Mar. 2026 was 円203.553. 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545.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Terumo  (TSE:4543) 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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.60 5.19 4.69 4.23 3.86

TSE:4543 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.


TSE:4543
89GF Score
Terumo Corp TSE:4543
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
=2324.00/545.82
=4.26

* 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 Mar. 2026 is calculated as:

For example, Terumo'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)
=203.553/112.7000*112.7000
=203.553

Current CPI (Mar. 2026) = 112.7000.

Terumo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 80.026 98.100 91.936
201609 77.466 98.000 89.086
201612 83.079 98.400 95.152
201703 91.798 98.100 105.460
201706 92.143 98.500 105.427
201709 96.097 98.800 109.617
201712 100.749 99.400 114.230
201803 99.624 99.200 113.182
201806 94.273 99.200 107.102
201809 93.333 99.900 105.292
201812 104.847 99.700 118.518
201903 102.969 99.700 116.395
201906 100.811 99.800 113.842
201909 102.125 100.100 114.980
201912 107.544 100.500 120.599
202003 104.903 100.300 117.872
202006 86.737 99.900 97.850
202009 100.418 99.900 113.284
202012 109.253 99.300 123.996
202103 109.169 99.900 123.157
202106 113.477 99.500 128.531
202109 114.266 100.100 128.649
202112 118.183 100.100 133.059
202203 118.800 101.100 132.431
202206 130.399 101.800 144.361
202209 136.440 103.100 149.144
202212 143.634 104.100 155.500
202303 135.730 104.400 146.521
202306 144.481 105.200 154.781
202309 153.445 106.200 162.837
202312 160.624 106.800 169.497
202403 160.839 107.200 169.091
202406 173.851 108.200 181.081
202409 168.657 108.900 174.542
202412 177.736 110.700 180.947
202503 178.222 111.100 180.789
202506 176.197 111.700 177.774
202509 186.374 112.000 187.539
202512 201.105 113.000 200.571
202603 203.553 112.700 203.553

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 4.26 mean?
Terumo (TSE:4543) has a Cyclically Adjusted PS Ratio of 4.26 as of Aug. 01, 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 20% 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 #349 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 67.1%.
Is Terumo's Cyclically Adjusted PS Ratio too high?
Terumo's current Cyclically Adjusted PS Ratio of 4.26 is 20% 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 2.26. Terumo's value of 4.26 is 88.5% above this industry median. Based on the distribution chart, Terumo ranks #349 out of 520 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Terumo has a GF Score™ of 89/100 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 #349 out of 520 companies for Cyclically Adjusted PS Ratio. This places Terumo in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.26. Terumo's value of 4.26 is 88.5% 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 2.26, 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 2.26, based on 520 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 4.26 is 88.5% 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 2.26 — 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 4.26, which is 20% 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 (TSE:4543) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,164.39, compared to a current price of 円2,324.00 — trading 26.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.26, which is 20% below median its 10-year median of 5.34 and 88.5% above the Medical Devices & Instruments industry median of 2.26. Terumo's overall GF Score™ is 89/100. 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 (TSE:4543), the current Cyclically Adjusted PS Ratio is 4.26 as of Aug. 01, 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 (TSE:4543) Overvalued in 2026?

Based on GuruFocus' analysis, Terumo stock appears to be undervalued. The current stock price of 円2,324.00 is trading 26.6% below its estimated GF Value™ of 円3,164.39. GuruFocus considers Terumo to be Modestly Undervalued.

Key valuation signals for TSE:4543:

  • Cyclically Adjusted PS Ratio: 4.26 (20% below median its 10-year median of 5.34)
  • GF Value™: 円3,164.39 vs. price of 円2,324.00 (26.6% below fair value)
  • GF Score™: 89/100
  • Industry Position: 88.5% above the Medical Devices & Instruments median (#349 of 520)

No single metric tells the full story. See the TSE:4543 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.
89GF Score

Get the complete analysis for TSE:4543

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

円2,324.00
Price
円3,164.39
GF Value