Fuji Electric Industry Co (TSE:6654) Cyclically Adjusted PS Ratio: 1.51 (As of Aug. 14, 2026) — 15% Below Median

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:6654 Fuji Electric Industry Co Ltd TSE:6654
74 GF Score
Price 円1,100.00
GF Value 円1,183.35
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Fuji Electric Industry Co Cyclically Adjusted PS Ratio?

Fuji Electric Industry Co TSE:6654 +0.09% 74 Cyclically Adjusted PS Ratio is 1.51 as of Aug. 14, 2026, which is 15% below its 10-year median of 1.77. GuruFocus rates TSE:6654 with a GF Score™ of 74/100 and a GF Value™ of 円1,183.35 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,290 Industrial Products companies, Fuji Electric Industry Co ranks better than 54.89% on this metric.

As of today (2026-08-14), Fuji Electric Industry Co's current share price is 円1100.00. Fuji Electric Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2026 was 円729.48. Fuji Electric Industry Co's Cyclically Adjusted PS Ratio for today is 1.51.

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

TSE:6654' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 1.77   Max: 2.34
Current: 1.52

During the past years, Fuji Electric Industry Co's highest Cyclically Adjusted PS Ratio was 2.34. The lowest was 1.39. And the median was 1.77.

TSE:6654's Cyclically Adjusted PS Ratio is ranked better than
54.89% of 2290 companies
in the Industrial Products industry
Industry Median: 1.81 vs TSE:6654: 1.52

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.

Fuji Electric Industry Co's adjusted revenue per share data for the three months ended in Jan. 2026 was 円174.115. 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729.48 for the trailing ten years ended in Jan. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fuji Electric Industry Co  (TSE:6654) 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.


Fuji Electric Industry Co Cyclically Adjusted PS Ratio Related Terms


Fuji Electric Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fuji Electric Industry Co'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.

Fuji Electric Industry Co Cyclically Adjusted PS Ratio Chart

Fuji Electric Industry Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 1.62 1.71 0.00 1.46

Fuji Electric Industry Co Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.47 1.45 1.51 1.46 0.00

TSE:6654 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Fuji Electric Industry Co'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.


Fuji Electric Industry Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:6654
74GF Score
Fuji Electric Industry Co Ltd TSE:6654
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuji Electric Industry Co 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.

Fuji Electric Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1100.00/729.48
=1.51

* 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.

Fuji Electric Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2026 is calculated as:

For example, Fuji Electric Industry Co's adjusted Revenue per Share data for the three months ended in Jan. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=174.115/112.9000*112.9000
=174.115

Current CPI (Jan. 2026) = 112.9000.

Fuji Electric Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201601 171.163 97.700 197.792
201604 143.631 98.100 165.300
201607 161.848 97.900 186.646
201610 154.995 98.600 177.474
201701 162.704 98.200 187.060
201704 160.743 98.500 184.242
201707 159.625 98.300 183.333
201710 157.170 98.800 179.600
201801 180.983 99.500 205.357
201804 169.212 99.100 192.775
201807 167.080 99.200 190.155
201810 155.387 100.200 175.082
201901 167.465 99.700 189.637
201904 144.334 100.000 162.953
201907 176.195 99.800 199.323
201910 167.508 100.400 188.363
202001 175.720 100.500 197.401
202004 155.621 100.200 175.345
202007 155.861 100.000 175.967
202010 162.081 99.800 183.356
202101 150.413 99.800 170.157
202104 163.194 99.100 185.919
202107 155.904 99.700 176.545
202110 172.375 99.900 194.806
202201 155.807 100.300 175.380
202204 164.364 101.500 182.825
202207 168.145 102.300 185.568
202210 163.353 103.700 177.845
202301 163.593 104.700 176.405
202304 172.592 105.100 185.401
202307 155.661 105.700 166.264
202310 166.117 107.100 175.113
202401 175.479 106.900 185.328
202404 176.132 107.700 184.636
202407 181.716 108.600 188.911
202501 0.000 111.200 0.000
202504 167.538 111.500 169.642
202507 188.105 111.900 189.786
202510 170.495 112.800 170.646
202601 174.115 112.900 174.115

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 1.51 mean?
Fuji Electric Industry Co (TSE:6654) has a Cyclically Adjusted PS Ratio of 1.51 as of Aug. 14, 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 Fuji Electric Industry Co and its competitors. This is 15% below median its historical median of 1.77. Over the past decade, Fuji Electric Industry Co's Cyclically Adjusted PS Ratio has ranged from 1.39 to 2.34. According to the industry distribution chart, Fuji Electric Industry Co ranks #1033 out of 2290 companies in the Industrial Products industry, placing it in the top 45.1%.
Is Fuji Electric Industry Co's Cyclically Adjusted PS Ratio too high?
Fuji Electric Industry Co's current Cyclically Adjusted PS Ratio of 1.51 is 15% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 2.34. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Fuji Electric Industry Co's value of 1.51 is 16.6% below this industry median. Based on the distribution chart, Fuji Electric Industry Co ranks #1033 out of 2290 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Fuji Electric Industry Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fuji Electric Industry Co's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fuji Electric Industry Co ranks #1033 out of 2290 companies for Cyclically Adjusted PS Ratio. This puts Fuji Electric Industry Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Fuji Electric Industry Co's value of 1.51 is 16.6% below this benchmark. Historically, Fuji Electric Industry Co's own Cyclically Adjusted PS Ratio has ranged from 1.39 to 2.34 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.81, Fuji Electric Industry Co 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,290 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. Fuji Electric Industry Co's current Cyclically Adjusted PS Ratio of 1.51 is 16.6% 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 Fuji Electric Industry Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuji Electric Industry Co's current Cyclically Adjusted PS Ratio is 1.51, which is 15% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuji Electric Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Fuji Electric Industry Co (TSE:6654) is currently considered Fairly Valued. The stock's GF Value™ is 円1,183.35, compared to a current price of 円1,100.00 — trading 7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.51, which is 15% below median its 10-year median of 1.77 and 16.6% below the Industrial Products industry median of 1.81. Fuji Electric Industry Co's overall GF Score™ is 74/100 with 4 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 Fuji Electric Industry Co (TSE:6654), the current Cyclically Adjusted PS Ratio is 1.51 as of Aug. 14, 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 Fuji Electric Industry Co (TSE:6654) Overvalued in 2026?

Based on GuruFocus' analysis, Fuji Electric Industry Co stock appears to be undervalued. The current stock price of 円1,100.00 is trading 7% below its estimated GF Value™ of 円1,183.35. GuruFocus considers Fuji Electric Industry Co to be Fairly Valued.

Key valuation signals for TSE:6654:

  • Cyclically Adjusted PS Ratio: 1.51 (15% below median its 10-year median of 1.77)
  • GF Value™: 円1,183.35 vs. price of 円1,100.00 (7% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 16.6% below the Industrial Products median (#1033 of 2290)

No single metric tells the full story. See the TSE:6654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuji Electric Industry Co Business Description

Address 585, Higashihachiman-cho, Oike-dori Tominokoji Nishi-iru, Nakagyo-ku, Kyoto, JPN, 604-0954
Fuji Electric Industry Co Ltd is a Japan-based company mainly engaged in the manufacturing and sales of control switches, connecting devices, electronic devices, pilot lamps, and indicators.
74GF Score

Get the complete analysis for TSE:6654

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

円1,100.00
Price
円1,183.35
GF Value