Anritsu (TSE:6754) Cyclically Adjusted PS Ratio: 4.06 (As of Jul. 30, 2026) — 80% Above Median

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TSE:6754 Anritsu Corp TSE:6754
74 GF Score
Price 円3,438.00
GF Value 円1,500.09
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Anritsu Cyclically Adjusted PS Ratio?

Anritsu TSE:6754 -5.83% 74 Cyclically Adjusted PS Ratio is 4.06 as of Jul. 30, 2026, which is 80% above its 10-year median of 2.25. GuruFocus rates TSE:6754 with a GF Score™ of 74/100 and a GF Value™ of 円1,500.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,975 Hardware companies, Anritsu ranks worse than 80.86% on this metric.

As of today (2026-07-30), Anritsu's current share price is 円3438.00. Anritsu's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円847.82. Anritsu's Cyclically Adjusted PS Ratio for today is 4.06.

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

TSE:6754' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.25   Max: 5.53
Current: 4.66

During the past years, Anritsu's highest Cyclically Adjusted PS Ratio was 5.53. The lowest was 1.23. And the median was 2.25.

TSE:6754's Cyclically Adjusted PS Ratio is ranked worse than
80.86% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TSE:6754: 4.66

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.

Anritsu's adjusted revenue per share data for the three months ended in Mar. 2026 was 円284.197. 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847.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anritsu  (TSE:6754) 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.


Anritsu Cyclically Adjusted PS Ratio Related Terms


Anritsu Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Anritsu'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.

Anritsu Cyclically Adjusted PS Ratio Chart

Anritsu 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 2.13 1.60 1.56 1.63 3.23

Anritsu 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 1.63 2.26 2.27 2.67 3.23

TSE:6754 vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Anritsu'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.


Anritsu Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSE:6754
74GF Score
Anritsu Corp TSE:6754
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anritsu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3438.00/847.82
=4.06

* 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.

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

For example, Anritsu'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)
=284.197/112.7000*112.7000
=284.197

Current CPI (Mar. 2026) = 112.7000.

Anritsu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 147.744 98.100 169.732
201609 152.292 98.000 175.136
201612 153.435 98.400 175.733
201703 184.796 98.100 212.299
201706 141.455 98.500 161.847
201709 154.836 98.800 176.620
201712 157.025 99.400 178.035
201803 172.563 99.200 196.047
201806 151.770 99.200 172.424
201809 169.987 99.900 191.767
201812 194.868 99.700 220.277
201903 207.630 99.700 234.703
201906 169.060 99.800 190.912
201909 193.306 100.100 217.638
201912 193.548 100.500 217.043
202003 222.613 100.300 250.134
202006 186.854 99.900 210.795
202009 192.479 99.900 217.141
202012 177.461 99.300 201.408
202103 213.612 99.900 240.982
202106 172.985 99.500 195.934
202109 200.271 100.100 225.480
202112 182.265 100.100 205.207
202203 218.521 101.100 243.594
202206 194.764 101.800 215.618
202209 210.559 103.100 230.165
202212 210.512 104.100 227.903
202303 221.868 104.400 239.507
202306 172.716 105.200 185.029
202309 213.810 106.200 226.896
202312 204.188 106.800 215.468
202403 244.178 107.200 256.706
202406 191.332 108.200 199.289
202409 213.105 108.900 220.541
202412 208.939 110.700 212.714
202503 244.485 111.100 248.006
202506 184.341 111.700 185.991
202509 219.142 112.000 220.512
202512 229.413 113.000 228.804
202603 284.197 112.700 284.197

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 4.06 mean?
Anritsu (TSE:6754) has a Cyclically Adjusted PS Ratio of 4.06 as of Jul. 30, 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 Anritsu and its competitors. This is 80% above median its historical median of 2.25. Over the past decade, Anritsu's Cyclically Adjusted PS Ratio has ranged from 1.23 to 5.53. According to the industry distribution chart, Anritsu ranks #1597 out of 1975 companies in the Hardware industry, placing it in the top 80.9%.
Is Anritsu's Cyclically Adjusted PS Ratio too high?
Anritsu's current Cyclically Adjusted PS Ratio of 4.06 is 80% above median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 5.53. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Anritsu's value of 4.06 is 203% above this industry median. Based on the distribution chart, Anritsu ranks #1597 out of 1975 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Anritsu has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anritsu's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Anritsu ranks #1597 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Anritsu in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Anritsu's value of 4.06 is 203% above this benchmark. Historically, Anritsu's own Cyclically Adjusted PS Ratio has ranged from 1.23 to 5.53 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.34, Anritsu 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 1,975 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. Anritsu's current Cyclically Adjusted PS Ratio of 4.06 is 203% 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 Anritsu 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. Anritsu's current Cyclically Adjusted PS Ratio is 4.06, which is 80% above median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anritsu stock overvalued right now?
Based on GuruFocus' analysis, Anritsu (TSE:6754) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,500.09, compared to a current price of 円3,438.00 — trading 129.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.06, which is 80% above median its 10-year median of 2.25 and 203% above the Hardware industry median of 1.34. Anritsu's overall GF Score™ is 74/100 with 3 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 Anritsu (TSE:6754), the current Cyclically Adjusted PS Ratio is 4.06 as of Jul. 30, 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 Anritsu (TSE:6754) Overvalued in 2026?

Based on GuruFocus' analysis, Anritsu stock appears to be overvalued. The current stock price of 円3,438.00 is trading 129.2% above its estimated GF Value™ of 円1,500.09. GuruFocus considers Anritsu to be Significantly Overvalued.

Key valuation signals for TSE:6754:

  • Cyclically Adjusted PS Ratio: 4.06 (80% above median its 10-year median of 2.25)
  • GF Value™: 円1,500.09 vs. price of 円3,438.00 (129.2% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 203% above the Hardware median (#1597 of 1975)

No single metric tells the full story. See the TSE:6754 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anritsu Business Description

Address 5-1-1 Onna, Atsugi-shi, Kanagawa, JPN, 243-8555
Anritsu Corp is an electronic components manufacturer. The company has three business segments: Measurement, Products Quality Assurance, and Others. The Measurement segment offers measuring devices for mobile phone acceptance testing by mobile phone operators. The Product Quality Assurance Segment offers automatic electronic weighing equipment and contaminant detectors for food, cosmetics, and pharmaceutical industries, and x-ray detectors for contaminants. Anritsu's x-ray machines can detect and remove metal fragments. The Other business segment has a variety of interests, including telecommunication equipment, logistics, and real estate. The company earns the vast majority of its revenue in Japan.
74GF Score

Get the complete analysis for TSE:6754

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

円3,438.00
Price
円1,500.09
GF Value