Shindengen Electric Manufacturing Co (TSE:6844) Cyclically Adjusted PS Ratio: 0.31 (As of Jul. 31, 2026) — Near Median

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TSE:6844 Shindengen Electric Manufacturing Co Ltd TSE:6844
77 GF Score
Price 円3,190.00
GF Value 円3,385.87
Valuation Fairly Valued
! 4 Warning Signs
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What is Shindengen Electric Manufacturing Co Cyclically Adjusted PS Ratio?

Shindengen Electric Manufacturing Co TSE:6844 +2.57% 77 Cyclically Adjusted PS Ratio is 0.31 as of Jul. 31, 2026, which is 9% below its 10-year median of 0.34. GuruFocus rates TSE:6844 with a GF Score™ of 77/100 and a GF Value™ of 円3,385.87 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,975 Hardware companies, Shindengen Electric Manufacturing Co ranks better than 82.48% on this metric.

As of today (2026-07-31), Shindengen Electric Manufacturing Co's current share price is 円3190.00. Shindengen Electric Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円10,249.86. Shindengen Electric Manufacturing Co's Cyclically Adjusted PS Ratio for today is 0.31.

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

TSE:6844' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.34   Max: 1.12
Current: 0.34

During the past years, Shindengen Electric Manufacturing Co's highest Cyclically Adjusted PS Ratio was 1.12. The lowest was 0.18. And the median was 0.34.

TSE:6844's Cyclically Adjusted PS Ratio is ranked better than
82.48% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TSE:6844: 0.34

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.

Shindengen Electric Manufacturing Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円2,915.154. 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10,249.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shindengen Electric Manufacturing Co  (TSE:6844) 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.


Shindengen Electric Manufacturing Co Cyclically Adjusted PS Ratio Related Terms


Shindengen Electric Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shindengen Electric Manufacturing 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.

Shindengen Electric Manufacturing Co Cyclically Adjusted PS Ratio Chart

Shindengen Electric Manufacturing Co 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 0.33 0.34 0.31 0.20 0.29

Shindengen Electric Manufacturing Co 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 0.20 0.22 0.31 0.33 0.29

TSE:6844 vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Shindengen Electric Manufacturing 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.


Shindengen Electric Manufacturing Co Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSE:6844
77GF Score
Shindengen Electric Manufacturing Co Ltd TSE:6844
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shindengen Electric Manufacturing 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.

Shindengen Electric Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3190.00/10249.86
=0.31

* 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.

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

For example, Shindengen Electric Manufacturing Co'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)
=2915.154/112.7000*112.7000
=2,915.154

Current CPI (Mar. 2026) = 112.7000.

Shindengen Electric Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2,162.687 98.100 2,484.555
201609 2,081.538 98.000 2,393.769
201612 2,095.613 98.400 2,400.158
201703 2,436.851 98.100 2,799.522
201706 2,155.907 98.500 2,466.708
201709 2,122.318 98.800 2,420.903
201712 2,313.465 99.400 2,623.013
201803 2,356.664 99.200 2,677.379
201806 2,256.336 99.200 2,563.398
201809 2,267.450 99.900 2,557.974
201812 2,357.635 99.700 2,665.050
201903 2,312.816 99.700 2,614.387
201906 2,179.338 99.800 2,461.036
201909 2,231.434 100.100 2,512.314
201912 2,296.904 100.500 2,575.732
202003 2,316.929 100.300 2,603.369
202006 1,852.053 99.900 2,089.353
202009 1,573.023 99.900 1,774.571
202012 2,139.045 99.300 2,427.698
202103 2,241.801 99.900 2,529.039
202106 2,183.309 99.500 2,472.954
202109 2,268.652 100.100 2,554.217
202112 2,160.101 100.100 2,432.002
202203 2,329.939 101.100 2,597.271
202206 2,286.407 101.800 2,531.219
202209 2,382.190 103.100 2,604.004
202212 2,530.559 104.100 2,739.616
202303 2,599.224 104.400 2,805.867
202306 2,372.199 105.200 2,541.320
202309 2,438.379 106.200 2,587.621
202312 2,563.367 106.800 2,704.976
202403 2,542.713 107.200 2,673.169
202406 2,425.960 108.200 2,526.855
202409 2,482.986 108.900 2,569.628
202412 2,624.491 110.700 2,671.907
202503 2,735.459 111.100 2,774.854
202506 2,636.505 111.700 2,660.108
202509 2,622.541 112.000 2,638.932
202512 2,864.619 113.000 2,857.014
202603 2,915.154 112.700 2,915.154

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 0.31 mean?
Shindengen Electric Manufacturing Co (TSE:6844) has a Cyclically Adjusted PS Ratio of 0.31 as of Jul. 31, 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 Shindengen Electric Manufacturing Co and its competitors. This is near median its historical median of 0.34. Over the past decade, Shindengen Electric Manufacturing Co's Cyclically Adjusted PS Ratio has ranged from 0.18 to 1.12. According to the industry distribution chart, Shindengen Electric Manufacturing Co ranks #346 out of 1975 companies in the Hardware industry, placing it in the top 17.5%.
Is Shindengen Electric Manufacturing Co's Cyclically Adjusted PS Ratio too high?
Shindengen Electric Manufacturing Co's current Cyclically Adjusted PS Ratio of 0.31 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.12. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Shindengen Electric Manufacturing Co's value of 0.31 is 76.9% below this industry median. Based on the distribution chart, Shindengen Electric Manufacturing Co ranks #346 out of 1975 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Shindengen Electric Manufacturing Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shindengen Electric Manufacturing Co's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Shindengen Electric Manufacturing Co ranks #346 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Shindengen Electric Manufacturing Co in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.34. Shindengen Electric Manufacturing Co's value of 0.31 is 76.9% below this benchmark. Historically, Shindengen Electric Manufacturing Co's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 1.12 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.34, Shindengen Electric Manufacturing 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 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. Shindengen Electric Manufacturing Co's current Cyclically Adjusted PS Ratio of 0.31 is 76.9% 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 Shindengen Electric Manufacturing Co 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. Shindengen Electric Manufacturing Co's current Cyclically Adjusted PS Ratio is 0.31, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shindengen Electric Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Shindengen Electric Manufacturing Co (TSE:6844) is currently considered Fairly Valued. The stock's GF Value™ is 円3,385.87, compared to a current price of 円3,190.00 — trading 5.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.31, which is near median its 10-year median of 0.34 and 76.9% below the Hardware industry median of 1.34. Shindengen Electric Manufacturing Co's overall GF Score™ is 77/100 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 Shindengen Electric Manufacturing Co (TSE:6844), the current Cyclically Adjusted PS Ratio is 0.31 as of Jul. 31, 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 Shindengen Electric Manufacturing Co (TSE:6844) Overvalued in 2026?

Based on GuruFocus' analysis, Shindengen Electric Manufacturing Co stock appears to be undervalued. The current stock price of 円3,190.00 is trading 5.8% below its estimated GF Value™ of 円3,385.87. GuruFocus considers Shindengen Electric Manufacturing Co to be Fairly Valued.

Key valuation signals for TSE:6844:

  • Cyclically Adjusted PS Ratio: 0.31 (near median its 10-year median of 0.34)
  • GF Value™: 円3,385.87 vs. price of 円3,190.00 (5.8% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 76.9% below the Hardware median (#346 of 1975)

No single metric tells the full story. See the TSE:6844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shindengen Electric Manufacturing Co Business Description

Address New-Ohtemachi Building, 2-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004
Shindengen Electric Manufacturing Co Ltd is an electronics manufacturer that develops, manufactures and sells high-efficiency, low-noise semiconductors as well as car electronics and power system products. The company's business is organized into three reportable segments: Device business, Car Electronics business and Next Generation Energy business. It earns majority of the revenue from Car Electronics business. Shindengen has its operations in Japan, Indonesia, Asia, and other areas.
77GF Score

Get the complete analysis for TSE:6844

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

円3,190.00
Price
円3,385.87
GF Value