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Leader ElectronicsTSE:6867 +0.49%60 Cyclically Adjusted PS Ratio is 0.40 as of Sep. 16, 2026, which is 44% below its 10-year median of 0.72. GuruFocus rates TSE:6867 with a GF Score™ of 60/100 and a GF Value™ of 円519.73 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,977 Hardware companies, Leader Electronics ranks better than 79.46% on this metric.
The historical rank and industry rank for Leader Electronics's Cyclically Adjusted PS Ratio or its related term are showing as below:
TSE:6867'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.72 Max: 1.96
Current: 0.4
During the past years, Leader Electronics's highest Cyclically Adjusted PS Ratio was 1.96. The lowest was 0.40. And the median was 0.72.
TSE:6867's Cyclically Adjusted PS Ratio is ranked better than 79.46% of 1977
companies
in the Hardware industry
Industry Median: 1.37
vs TSE:6867: 0.40
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.
Leader Electronics's adjusted revenue per share data for the three months ended in Mar. 2026 was 円309.541. 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1,018.71 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Leader Electronics (TSE:6867) 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.
Leader Electronics Cyclically Adjusted PS Ratio Related Terms
Leader Electronics Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Leader Electronics'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.
Leader Electronics Cyclically Adjusted PS Ratio Chart
TSE:6867 vs GRMN, COHR, KEYS: Cyclically Adjusted PS Ratio Comparison
For the Scientific & Technical Instruments subindustry, Leader Electronics'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.
Leader Electronics Cyclically Adjusted PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Leader Electronics's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Leader Electronics's Cyclically Adjusted PS Ratio falls into.
Leader Electronics 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.
Leader Electronics's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 0.40 mean?
Leader Electronics (TSE:6867) has a Cyclically Adjusted PS Ratio of 0.40 as of Sep. 16, 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 Leader Electronics and its competitors. This is 44% below median its historical median of 0.72. Over the past decade, Leader Electronics' Cyclically Adjusted PS Ratio has ranged from 0.40 to 1.96. According to the industry distribution chart, Leader Electronics ranks #406 out of 1977 companies in the Hardware industry, placing it in the top 20.5%.
Is Leader Electronics' Cyclically Adjusted PS Ratio too high?
Leader Electronics' current Cyclically Adjusted PS Ratio of 0.40 is 44% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.96. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Leader Electronics' value of 0.40 is 70.8% below this industry median. Based on the distribution chart, Leader Electronics ranks #406 out of 1977 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Leader Electronics has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leader Electronics' Cyclically Adjusted PS Ratio compare to GRMN and COHR?
According to the Hardware industry distribution chart, Leader Electronics ranks #406 out of 1977 companies for Cyclically Adjusted PS Ratio. This places Leader Electronics in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.37. Leader Electronics' value of 0.40 is 70.8% below this benchmark. Historically, Leader Electronics' own Cyclically Adjusted PS Ratio has ranged from 0.40 to 1.96 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.37, Leader Electronics 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 1.37, based on 1,977 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. Leader Electronics's current Cyclically Adjusted PS Ratio of 0.40 is 70.8% 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 Leader Electronics and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leader Electronics's current Cyclically Adjusted PS Ratio is 0.40, which is 44% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Electronics stock overvalued right now?
Based on GuruFocus' analysis, Leader Electronics (TSE:6867) is currently considered Modestly Undervalued. The stock's GF Value™ is 円519.73, compared to a current price of 円408.00 — trading 21.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.40, which is 44% below median its 10-year median of 0.72 and 70.8% below the Hardware industry median of 1.37. Leader Electronics' overall GF Score™ is 60/100 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 Leader Electronics (TSE:6867), the current Cyclically Adjusted PS Ratio is 0.40 as of Sep. 16, 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 Leader Electronics (TSE:6867) Overvalued in 2026?
Based on GuruFocus' analysis, Leader Electronics stock appears to be undervalued.
The current stock price of 円408.00 is trading 21.5% below its estimated GF Value™ of 円519.73.
GuruFocus considers Leader Electronics to be Modestly Undervalued.
Key valuation signals for TSE:6867:
Cyclically Adjusted PS Ratio: 0.40 (44% below median its 10-year median of 0.72)
GF Value™: 円519.73 vs. price of 円408.00 (21.5% below fair value)
Industry Position: 70.8% below the Hardware median (#406 of 1977)
No single metric tells the full story. See the TSE:6867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leader Electronics Corp is engaged in the research, development, manufacturing, and sales of electronic measuring instruments, including those for broadcasting stations, manufacturers of professional video-related equipment, and signal monitoring during live broadcasts of sporting events.
60GF Score
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