Leader Electronics (TSE:6867) Cyclically Adjusted PS Ratio: 0.43 (As of Aug. 01, 2026) — 37% Below Median

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TSE:6867 Leader Electronics Corp TSE:6867
62 GF Score
Price 円415.00
GF Value 円510.75
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Leader Electronics Cyclically Adjusted PS Ratio?

Leader Electronics TSE:6867 62 Cyclically Adjusted PS Ratio is 0.43 as of Aug. 01, 2026, which is 37% below its 10-year median of 0.68. GuruFocus rates TSE:6867 with a GF Score™ of 62/100 and a GF Value™ of 円510.75 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,976 Hardware companies, Leader Electronics ranks better than 76.77% on this metric.

As of today (2026-08-01), Leader Electronics's current share price is 円415.00. Leader Electronics's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was 円969.66. Leader Electronics's Cyclically Adjusted PS Ratio for today is 0.43.

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: 0.31   Med: 0.68   Max: 1.98
Current: 0.43

During the past 13 years, Leader Electronics's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.31. And the median was 0.68.

TSE:6867's Cyclically Adjusted PS Ratio is ranked better than
76.77% of 1976 companies
in the Hardware industry
Industry Median: 1.34 vs TSE:6867: 0.43

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 of for the fiscal year that ended in Mar26 was 円940.975. 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969.66 for the trailing ten years ended in Mar26.

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

Leader Electronics 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 0.63 0.59 0.75 0.47 0.42

Leader Electronics Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.75 0.00 0.47 0.00 0.42

TSE:6867 vs COHR, KEYS, GRMN: 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.


TSE:6867
62GF Score
Leader Electronics Corp TSE:6867
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=415.00/969.66
=0.43

* 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's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Leader Electronics's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=940.975/112.7000*112.7000
=940.975

Current CPI (Mar26) = 112.7000.

Leader Electronics Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 658.922 98.100 756.988
201803 855.322 99.200 971.722
201903 963.568 99.700 1,089.209
202003 1,036.599 100.300 1,164.753
202103 740.857 99.900 835.782
202203 847.315 101.100 944.534
202303 906.951 104.400 979.055
202403 1,033.495 107.200 1,086.519
202503 913.882 111.100 927.043
202603 940.975 112.700 940.975

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 0.43 mean?
Leader Electronics (TSE:6867) has a Cyclically Adjusted PS Ratio of 0.43 as of Aug. 01, 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 37% below median its historical median of 0.68. Over the past decade, Leader Electronics' Cyclically Adjusted PS Ratio has ranged from 0.31 to 1.98. According to the industry distribution chart, Leader Electronics ranks #459 out of 1976 companies in the Hardware industry, placing it in the top 23.2%.
Is Leader Electronics' Cyclically Adjusted PS Ratio too high?
Leader Electronics' current Cyclically Adjusted PS Ratio of 0.43 is 37% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.98. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Leader Electronics' value of 0.43 is 67.9% below this industry median. Based on the distribution chart, Leader Electronics ranks #459 out of 1976 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 62/100 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 COHR and KEYS?
According to the Hardware industry distribution chart, Leader Electronics ranks #459 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Leader Electronics in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.34. Leader Electronics' value of 0.43 is 67.9% below this benchmark. Historically, Leader Electronics' own Cyclically Adjusted PS Ratio has ranged from 0.31 to 1.98 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.34, 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 1.34, based on 1,976 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 0.43 is 67.9% 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 Leader Electronics 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. Leader Electronics's current Cyclically Adjusted PS Ratio is 0.43, which is 37% below median its own 10-year median of 0.68. 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510.75, compared to a current price of 円415.00 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.43, which is 37% below median its 10-year median of 0.68 and 67.9% below the Hardware industry median of 1.34. Leader Electronics' overall GF Score™ is 62/100 with 5 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 0.43 as of Aug. 01, 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415.00 is trading 18.7% below its estimated GF Value™ of 円510.75. GuruFocus considers Leader Electronics to be Modestly Undervalued.

Key valuation signals for TSE:6867:

  • Cyclically Adjusted PS Ratio: 0.43 (37% below median its 10-year median of 0.68)
  • GF Value™: 円510.75 vs. price of 円415.00 (18.7% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 67.9% below the Hardware median (#459 of 1976)

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 Business Description

Address 2-6-33 Tsunashima-Higashi, Kohoku-ku, Yokohama, JPN, 223-8505
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.
62GF Score

Get the complete analysis for TSE:6867

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

円415.00
Price
円510.75
GF Value