Mitsubishi Electric (TSE:6503) Cyclically Adjusted PS Ratio: 2.35 (As of Aug. 07, 2026) — 183% Above Median

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TSE:6503 Mitsubishi Electric Corp TSE:6503
75 GF Score
Price 円5,826.00
GF Value 円2,972.66
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Mitsubishi Electric Cyclically Adjusted PS Ratio?

Mitsubishi Electric TSE:6503 -0.75% 75 Cyclically Adjusted PS Ratio is 2.35 as of Aug. 07, 2026, which is 183% above its 10-year median of 0.83. GuruFocus rates TSE:6503 with a GF Score™ of 75/100 and a GF Value™ of 円2,972.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,293 Industrial Products companies, Mitsubishi Electric ranks worse than 61.14% on this metric.

As of today (2026-08-07), Mitsubishi Electric's current share price is 円5826.00. Mitsubishi Electric's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円2,474.01. Mitsubishi Electric's Cyclically Adjusted PS Ratio for today is 2.35.

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

TSE:6503' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.83   Max: 2.65
Current: 2.39

During the past years, Mitsubishi Electric's highest Cyclically Adjusted PS Ratio was 2.65. The lowest was 0.59. And the median was 0.83.

TSE:6503's Cyclically Adjusted PS Ratio is ranked worse than
61.14% of 2293 companies
in the Industrial Products industry
Industry Median: 1.71 vs TSE:6503: 2.39

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.

Mitsubishi Electric's adjusted revenue per share data for the three months ended in Mar. 2026 was 円835.324. 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2,474.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Electric  (TSE:6503) 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.


Mitsubishi Electric Cyclically Adjusted PS Ratio Related Terms


Mitsubishi Electric Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mitsubishi Electric'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.

Mitsubishi Electric Cyclically Adjusted PS Ratio Chart

Mitsubishi Electric 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 0.69 0.73 1.10 1.14 2.02

Mitsubishi Electric 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 1.14 1.29 1.56 1.86 2.02

TSE:6503 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.


Mitsubishi Electric Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:6503
75GF Score
Mitsubishi Electric Corp TSE:6503
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Electric 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.

Mitsubishi Electric's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5826.00/2474.01
=2.35

* 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.

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

For example, Mitsubishi Electric'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)
=835.324/112.7000*112.7000
=835.324

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi Electric Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 431.877 98.100 496.152
201609 487.049 98.000 560.106
201612 454.191 98.400 520.196
201703 601.798 98.100 691.362
201706 481.789 98.500 551.245
201709 502.319 98.800 572.989
201712 500.994 99.400 568.028
201803 586.130 99.200 665.896
201806 489.845 99.200 556.507
201809 521.725 99.900 588.573
201812 510.021 99.700 576.523
201903 585.436 99.700 661.772
201906 489.853 99.800 553.171
201909 527.602 100.100 594.013
201912 497.691 100.500 558.107
202003 565.184 100.300 635.057
202006 400.042 99.900 451.299
202009 486.589 99.900 548.935
202012 484.125 99.300 549.455
202103 583.057 99.900 657.763
202106 497.046 99.500 562.986
202109 500.892 100.100 563.941
202112 489.576 100.100 551.201
202203 612.092 101.100 682.322
202206 505.523 101.800 559.651
202209 602.204 103.100 658.277
202212 580.497 104.100 628.454
202303 681.256 104.400 735.417
202306 578.370 105.200 619.604
202309 626.896 106.200 665.265
202312 593.788 106.800 626.591
202403 706.082 107.200 742.308
202406 616.040 108.200 641.661
202409 650.330 108.900 673.023
202412 653.754 110.700 665.565
202503 739.902 111.100 750.558
202506 633.735 111.700 639.409
202509 687.605 112.000 691.903
202512 691.314 113.000 689.479
202603 835.324 112.700 835.324

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 2.35 mean?
Mitsubishi Electric (TSE:6503) has a Cyclically Adjusted PS Ratio of 2.35 as of Aug. 07, 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 Mitsubishi Electric and its competitors. This is 183% above median its historical median of 0.83. Over the past decade, Mitsubishi Electric's Cyclically Adjusted PS Ratio has ranged from 0.59 to 2.65. According to the industry distribution chart, Mitsubishi Electric ranks #1402 out of 2293 companies in the Industrial Products industry, placing it in the top 61.1%.
Is Mitsubishi Electric's Cyclically Adjusted PS Ratio too high?
Mitsubishi Electric's current Cyclically Adjusted PS Ratio of 2.35 is 183% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.65. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Mitsubishi Electric's value of 2.35 is 37.4% above this industry median. Based on the distribution chart, Mitsubishi Electric ranks #1402 out of 2293 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mitsubishi Electric has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Electric's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mitsubishi Electric ranks #1402 out of 2293 companies for Cyclically Adjusted PS Ratio. This places Mitsubishi Electric in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.71. Mitsubishi Electric's value of 2.35 is 37.4% above this benchmark. Historically, Mitsubishi Electric's own Cyclically Adjusted PS Ratio has ranged from 0.59 to 2.65 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.71, Mitsubishi Electric 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.71, based on 2,293 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. Mitsubishi Electric's current Cyclically Adjusted PS Ratio of 2.35 is 37.4% 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 Mitsubishi Electric and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Electric's current Cyclically Adjusted PS Ratio is 2.35, which is 183% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Electric stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Electric (TSE:6503) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,972.66, compared to a current price of 円5,826.00 — trading 96% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.35, which is 183% above median its 10-year median of 0.83 and 37.4% above the Industrial Products industry median of 1.71. Mitsubishi Electric's overall GF Score™ is 75/100 with 6 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 Mitsubishi Electric (TSE:6503), the current Cyclically Adjusted PS Ratio is 2.35 as of Aug. 07, 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 Mitsubishi Electric (TSE:6503) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Electric stock appears to be overvalued. The current stock price of 円5,826.00 is trading 96% above its estimated GF Value™ of 円2,972.66. GuruFocus considers Mitsubishi Electric to be Significantly Overvalued.

Key valuation signals for TSE:6503:

  • Cyclically Adjusted PS Ratio: 2.35 (183% above median its 10-year median of 0.83)
  • GF Value™: 円2,972.66 vs. price of 円5,826.00 (96% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 37.4% above the Industrial Products median (#1402 of 2293)

No single metric tells the full story. See the TSE:6503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Electric Business Description

Address 2-7-3 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a leading Japanese diversified industrial manufacturer, specializing in factory automation systems, power and energy systems, infrastructure solutions, automotive equipment, electronic devices, and home appliances. Founded in 1921 and headquartered in Tokyo, the company operates globally with a strong presence in Asia, Europe, and North America. Known for its technological expertise and high reliability, Mitsubishi Electric plays a vital role in sectors ranging from smart manufacturing and transportation to energy management and defense. The company emphasizes sustainability, innovation, and long-term growth through its focus on electrification, automation, and digitalization.
75GF Score

Get the complete analysis for TSE:6503

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

円5,826.00
Price
円2,972.66
GF Value