ULVAC (TSE:6728) Cyclically Adjusted PS Ratio: 1.41 (As of Sep. 22, 2026) — Near Median

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TSE:6728 ULVAC Inc TSE:6728
83 GF Score
Price 円7,289.00
GF Value 円7,650.00
Valuation Fairly Valued
! 4 Warning Signs
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What is ULVAC Cyclically Adjusted PS Ratio?

ULVAC TSE:6728 +3.91% 83 Cyclically Adjusted PS Ratio is 1.41 as of Sep. 22, 2026, which is 9% above its 10-year median of 1.29. GuruFocus rates TSE:6728 with a GF Score™ of 83/100 and a GF Value™ of 円7,650.00 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,303 Industrial Products companies, ULVAC ranks better than 57.36% on this metric.

As of today (2026-09-22), ULVAC's current share price is 円7289.00. ULVAC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was 円5,174.70. ULVAC's Cyclically Adjusted PS Ratio for today is 1.41.

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

TSE:6728' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.29   Max: 2.46
Current: 1.34

During the past years, ULVAC's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 0.53. And the median was 1.29.

TSE:6728's Cyclically Adjusted PS Ratio is ranked better than
57.36% of 2303 companies
in the Industrial Products industry
Industry Median: 1.76 vs TSE:6728: 1.34

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.

ULVAC's adjusted revenue per share data for the three months ended in Jun. 2026 was 円1,576.023. 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5,174.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ULVAC  (TSE:6728) 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.


ULVAC Cyclically Adjusted PS Ratio Related Terms


ULVAC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ULVAC'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.

ULVAC Cyclically Adjusted PS Ratio Chart

ULVAC Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.43 2.26 1.07 2.01

ULVAC 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 1.06 1.29 1.40 1.61 2.00

TSE:6728 vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, ULVAC'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.


ULVAC Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


TSE:6728
83GF Score
ULVAC Inc TSE:6728
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ULVAC 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.

ULVAC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7289.00/5174.695
=1.41

* 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.

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

For example, ULVAC'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)
=1576.023/113.6000*113.6000
=1,576.023

Current CPI (Jun. 2026) = 113.6000.

ULVAC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1,014.712 98.000 1,176.238
201612 1,256.597 98.400 1,450.705
201703 1,224.863 98.100 1,418.394
201706 1,206.721 98.500 1,391.711
201709 1,236.869 98.800 1,422.149
201712 1,305.683 99.400 1,492.209
201803 1,316.871 99.200 1,508.030
201806 1,199.567 99.200 1,373.698
201809 1,252.750 99.900 1,424.549
201812 1,117.448 99.700 1,273.241
201903 1,057.303 99.700 1,204.710
201906 1,051.642 99.800 1,197.059
201909 949.187 100.100 1,077.199
201912 1,013.998 100.500 1,146.171
202003 928.413 100.300 1,051.523
202006 871.054 99.900 990.508
202009 742.218 99.900 844.004
202012 960.078 99.300 1,098.337
202103 907.407 99.900 1,031.846
202106 1,106.357 99.500 1,263.137
202109 962.842 100.100 1,092.696
202112 1,182.968 100.100 1,342.509
202203 1,226.787 101.100 1,378.467
202206 1,526.184 101.800 1,703.089
202209 1,140.774 103.100 1,256.954
202212 1,120.389 104.100 1,222.634
202303 1,007.108 104.400 1,095.857
202306 1,351.690 105.200 1,459.620
202309 1,117.341 106.200 1,195.197
202312 1,323.077 106.800 1,407.318
202403 1,318.793 107.200 1,397.527
202406 1,540.511 108.200 1,617.394
202409 1,238.482 108.900 1,291.933
202412 1,498.741 110.700 1,538.003
202503 1,073.256 111.100 1,097.407
202506 1,288.663 111.700 1,310.583
202509 1,070.764 112.000 1,086.061
202512 1,446.056 113.000 1,453.734
202603 1,377.522 112.700 1,388.523
202606 1,576.023 113.600 1,576.023

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 1.41 mean?
ULVAC (TSE:6728) has a Cyclically Adjusted PS Ratio of 1.41 as of Sep. 22, 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 ULVAC and its competitors. This is near median its historical median of 1.29. Over the past decade, ULVAC's Cyclically Adjusted PS Ratio has ranged from 0.53 to 2.46. According to the industry distribution chart, ULVAC ranks #982 out of 2303 companies in the Industrial Products industry, placing it in the top 42.6%.
Is ULVAC's Cyclically Adjusted PS Ratio too high?
ULVAC's current Cyclically Adjusted PS Ratio of 1.41 is near median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 2.46. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.76. ULVAC's value of 1.41 is 19.9% below this industry median. Based on the distribution chart, ULVAC ranks #982 out of 2303 companies in the Industrial Products industry, which is above the industry midpoint. Overall, ULVAC has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ULVAC's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ULVAC ranks #982 out of 2303 companies for Cyclically Adjusted PS Ratio. This puts ULVAC in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.76. ULVAC's value of 1.41 is 19.9% below this benchmark. Historically, ULVAC's own Cyclically Adjusted PS Ratio has ranged from 0.53 to 2.46 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.76, ULVAC 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 1.76, based on 2,303 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. ULVAC's current Cyclically Adjusted PS Ratio of 1.41 is 19.9% 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 ULVAC and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ULVAC's current Cyclically Adjusted PS Ratio is 1.41, which is near median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ULVAC stock overvalued right now?
Based on GuruFocus' analysis, ULVAC (TSE:6728) is currently considered Fairly Valued. The stock's GF Value™ is 円7,650.00, compared to a current price of 円7,289.00 — trading 4.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.41, which is near median its 10-year median of 1.29 and 19.9% below the Industrial Products industry median of 1.76. ULVAC's overall GF Score™ is 83/100 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 ULVAC (TSE:6728), the current Cyclically Adjusted PS Ratio is 1.41 as of Sep. 22, 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 ULVAC (TSE:6728) Overvalued in 2026?

Based on GuruFocus' analysis, ULVAC stock appears to be undervalued. The current stock price of 円7,289.00 is trading 4.7% below its estimated GF Value™ of 円7,650.00. GuruFocus considers ULVAC to be Fairly Valued.

Key valuation signals for TSE:6728:

  • Cyclically Adjusted PS Ratio: 1.41 (near median its 10-year median of 1.29)
  • GF Value™: 円7,650.00 vs. price of 円7,289.00 (4.7% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 19.9% below the Industrial Products median (#982 of 2303)

No single metric tells the full story. See the TSE:6728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ULVAC Business Description

Other Exchanges ULVAF:USA
Address 2500 Hagisono, Kanagawa Prefecture, Chigasaki, JPN, 253-8543
ULVAC Inc is a Japanese manufacturer of vacuum equipment and vacuum application products. Its Vacuum Equipment segment develops, manufactures, sells, and services sputtering systems, vacuum deposition equipment, organic EL and semiconductor manufacturing equipment, and vacuum pumps. The Vacuum Application segment produces sputtering target materials, analytical instruments, and other products that apply vacuum technology, along with related development, manufacturing, and maintenance services. Customers include semiconductor, flat-panel display, electronics, automotive, and industrial manufacturers. The company operates globally, with sales and service subsidiaries across Asia, North America, and Europe, and generates most revenue from the Vacuum Equipment segment. Revenue comes from equipment sales and from recurring service, maintenance, and consumable materials.
83GF Score

Get the complete analysis for TSE:6728

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

円7,289.00
Price
円7,650.00
GF Value