Seiko Epson (TSE:6724) Cyclically Adjusted PS Ratio: 2.18 (As of Aug. 05, 2026) — Near Median

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TSE:6724 Seiko Epson Corp TSE:6724
81 GF Score
Price 円2,972.00
GF Value 円2,493.23
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Seiko Epson Cyclically Adjusted PS Ratio?

Seiko Epson TSE:6724 +0.54% 81 Cyclically Adjusted PS Ratio is 2.18 as of Aug. 05, 2026, which is 2% above its 10-year median of 2.14. GuruFocus rates TSE:6724 with a GF Score™ of 81/100 and a GF Value™ of 円2,493.23 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,974 Hardware companies, Seiko Epson ranks worse than 62.87% on this metric.

As of today (2026-08-05), Seiko Epson's current share price is 円2972.00. Seiko Epson's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,365.08. Seiko Epson's Cyclically Adjusted PS Ratio for today is 2.18.

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

TSE:6724' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.66   Med: 2.14   Max: 3.39
Current: 2.14

During the past years, Seiko Epson's highest Cyclically Adjusted PS Ratio was 3.39. The lowest was 0.66. And the median was 2.14.

TSE:6724's Cyclically Adjusted PS Ratio is ranked worse than
62.87% of 1974 companies
in the Hardware industry
Industry Median: 1.34 vs TSE:6724: 2.14

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.

Seiko Epson's adjusted revenue per share data for the three months ended in Mar. 2026 was 円1,152.997. 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1,365.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seiko Epson  (TSE:6724) 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.


Seiko Epson Cyclically Adjusted PS Ratio Related Terms


Seiko Epson Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Seiko Epson'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.

Seiko Epson Cyclically Adjusted PS Ratio Chart

Seiko Epson 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 2.12 1.83 2.33 1.90 1.41

Seiko Epson 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 1.90 1.50 1.46 1.48 1.41

TSE:6724 vs DELL, ANET, SNDK: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Seiko Epson'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.


Seiko Epson Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Seiko Epson's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:6724
81GF Score
Seiko Epson Corp TSE:6724
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seiko Epson 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.

Seiko Epson's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2972.00/1365.08
=2.18

* 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.

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

For example, Seiko Epson'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)
=1152.997/112.7000*112.7000
=1,152.997

Current CPI (Mar. 2026) = 112.7000.

Seiko Epson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 671.808 98.100 771.792
201609 705.280 98.000 811.072
201612 789.956 98.400 904.757
201703 735.243 98.100 844.668
201706 723.333 98.500 827.610
201709 773.531 98.800 882.358
201712 869.015 99.400 985.292
201803 -20,529.603 99.200 -23,323.450
201806 739.298 99.200 839.908
201809 771.718 99.900 870.597
201812 841.939 99.700 951.720
201903 739.724 99.700 836.177
201906 711.225 99.800 803.157
201909 768.017 100.100 864.690
201912 808.604 100.500 906.763
202003 715.604 100.300 804.073
202006 558.519 99.900 630.081
202009 710.572 99.900 801.616
202012 805.830 99.300 914.572
202103 803.236 99.900 906.153
202106 815.305 99.500 923.466
202109 775.554 100.100 873.176
202112 855.606 100.100 963.305
202203 815.231 101.100 908.769
202206 860.612 101.800 952.760
202209 973.769 103.100 1,064.440
202212 1,069.589 104.100 1,157.951
202303 1,011.110 104.400 1,091.495
202306 949.512 105.200 1,017.205
202309 976.034 106.200 1,035.772
202312 1,066.036 106.800 1,124.928
202403 970.145 107.200 1,019.919
202406 1,014.937 108.200 1,057.148
202409 1,021.230 108.900 1,056.865
202412 1,075.016 110.700 1,094.438
202503 1,037.156 111.100 1,052.093
202506 1,001.504 111.700 1,010.470
202509 1,081.437 112.000 1,088.196
202512 1,174.965 113.000 1,171.846
202603 1,152.997 112.700 1,152.997

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 2.18 mean?
Seiko Epson (TSE:6724) has a Cyclically Adjusted PS Ratio of 2.18 as of Aug. 05, 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 Seiko Epson and its competitors. This is near median its historical median of 2.14. Over the past decade, Seiko Epson's Cyclically Adjusted PS Ratio has ranged from 0.66 to 3.39. According to the industry distribution chart, Seiko Epson ranks #1241 out of 1974 companies in the Hardware industry, placing it in the top 62.9%.
Is Seiko Epson's Cyclically Adjusted PS Ratio too high?
Seiko Epson's current Cyclically Adjusted PS Ratio of 2.18 is near median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 3.39. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Seiko Epson's value of 2.18 is 62.7% above this industry median. Based on the distribution chart, Seiko Epson ranks #1241 out of 1974 companies in the Hardware industry, which is below the industry midpoint. Overall, Seiko Epson has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seiko Epson's Cyclically Adjusted PS Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Seiko Epson ranks #1241 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Seiko Epson in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Seiko Epson's value of 2.18 is 62.7% above this benchmark. Historically, Seiko Epson's own Cyclically Adjusted PS Ratio has ranged from 0.66 to 3.39 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 1.34, Seiko Epson 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,974 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. Seiko Epson's current Cyclically Adjusted PS Ratio of 2.18 is 62.7% 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 Seiko Epson and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seiko Epson's current Cyclically Adjusted PS Ratio is 2.18, which is near median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seiko Epson stock overvalued right now?
Based on GuruFocus' analysis, Seiko Epson (TSE:6724) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,493.23, compared to a current price of 円2,972.00 — trading 19.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.18, which is near median its 10-year median of 2.14 and 62.7% above the Hardware industry median of 1.34. Seiko Epson's overall GF Score™ is 81/100 with 9 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 Seiko Epson (TSE:6724), the current Cyclically Adjusted PS Ratio is 2.18 as of Aug. 05, 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 Seiko Epson (TSE:6724) Overvalued in 2026?

Based on GuruFocus' analysis, Seiko Epson stock appears to be overvalued. The current stock price of 円2,972.00 is trading 19.2% above its estimated GF Value™ of 円2,493.23. GuruFocus considers Seiko Epson to be Modestly Overvalued.

Key valuation signals for TSE:6724:

  • Cyclically Adjusted PS Ratio: 2.18 (near median its 10-year median of 2.14)
  • GF Value™: 円2,493.23 vs. price of 円2,972.00 (19.2% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 62.7% above the Hardware median (#1241 of 1974)

No single metric tells the full story. See the TSE:6724 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seiko Epson Business Description

Other Exchanges SEKEY:USASE7:Germany
Address 3-3-5 Yamato, Nagano Prefecture, Suwa, JPN, 392-8502
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The company operates through three segments. The Manufacturing-related and Wearables segment includes industrial robots, small injection molding machines, watches, watch movements, crystal devices, semiconductors, metal powders, surface treatment, and PCs. The Printing Solutions segment covers office and home inkjet printers, serial impact dot matrix printers, page printers, color image scanners, dry office paper machines, commercial and industrial inkjet printers, POS system products, rubber printers, and related consumables. The Visual Communication segment focuses on LCD projectors, smart glasses, and related products. It generates the majority of revenue from the Printing Solutions segment.
81GF Score

Get the complete analysis for TSE:6724

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

円2,972.00
Price
円2,493.23
GF Value