Sysmex (TSE:6869) Cyclically Adjusted PS Ratio: 2.51 (As of Aug. 01, 2026) — 63% Below Median

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TSE:6869 Sysmex Corp TSE:6869
77 GF Score
Price 円1,599.00
GF Value 円2,922.87
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Sysmex Cyclically Adjusted PS Ratio?

Sysmex TSE:6869 -4.25% 77 Cyclically Adjusted PS Ratio is 2.51 as of Aug. 01, 2026, which is 63% below its 10-year median of 6.71. GuruFocus rates TSE:6869 with a GF Score™ of 77/100 and a GF Value™ of 円2,922.87 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 520 Medical Devices & Instruments companies, Sysmex ranks worse than 52.88% on this metric.

As of today (2026-08-01), Sysmex's current share price is 円1599.00. Sysmex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円637.54. Sysmex's Cyclically Adjusted PS Ratio for today is 2.51.

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

TSE:6869' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07   Med: 6.71   Max: 12.79
Current: 2.4

During the past years, Sysmex's highest Cyclically Adjusted PS Ratio was 12.79. The lowest was 2.07. And the median was 6.71.

TSE:6869's Cyclically Adjusted PS Ratio is ranked worse than
52.88% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 2.26 vs TSE:6869: 2.40

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.

Sysmex's adjusted revenue per share data for the three months ended in Mar. 2026 was 円222.778. 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637.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sysmex  (TSE:6869) 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.


Sysmex Cyclically Adjusted PS Ratio Related Terms


Sysmex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sysmex'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.

Sysmex Cyclically Adjusted PS Ratio Chart

Sysmex 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 6.99 6.01 4.99 4.77 2.15

Sysmex 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 4.77 4.16 2.97 2.45 2.15

TSE:6869 vs ABT, SYK, MDT: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Sysmex'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.


Sysmex Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sysmex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSE:6869
77GF Score
Sysmex Corp TSE:6869
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sysmex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1599.00/637.54
=2.51

* 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.

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

For example, Sysmex'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)
=222.778/112.7000*112.7000
=222.778

Current CPI (Mar. 2026) = 112.7000.

Sysmex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 94.514 98.100 108.580
201609 95.257 98.000 109.546
201612 99.023 98.400 113.414
201703 110.405 98.100 126.836
201706 98.574 98.500 112.785
201709 110.814 98.800 126.404
201712 114.317 99.400 129.613
201803 125.738 99.200 142.850
201806 105.219 99.200 119.538
201809 112.027 99.900 126.381
201812 115.156 99.700 130.171
201903 135.817 99.700 153.526
201906 109.337 99.800 123.470
201909 118.762 100.100 133.711
201912 119.899 100.500 134.454
202003 133.683 100.300 150.210
202006 96.466 99.900 108.826
202009 114.097 99.900 128.716
202012 127.033 99.300 144.175
202103 148.307 99.900 167.309
202106 126.335 99.500 143.095
202109 142.227 100.100 160.130
202112 143.414 100.100 161.466
202203 166.925 101.100 186.078
202206 137.006 101.800 151.676
202209 171.968 103.100 187.981
202212 166.771 104.100 180.548
202303 178.036 104.400 192.190
202306 151.778 105.200 162.599
202309 186.827 106.200 198.262
202312 181.874 106.800 191.921
202403 216.343 107.200 227.443
202406 179.523 108.200 186.989
202409 209.317 108.900 216.621
202412 199.445 110.700 203.048
202503 227.307 111.100 230.581
202506 169.522 111.700 171.040
202509 203.324 112.000 204.595
202512 206.359 113.000 205.811
202603 222.778 112.700 222.778

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 2.51 mean?
Sysmex (TSE:6869) has a Cyclically Adjusted PS Ratio of 2.51 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 Sysmex and its competitors. This is 63% below median its historical median of 6.71. Over the past decade, Sysmex's Cyclically Adjusted PS Ratio has ranged from 2.07 to 12.79. According to the industry distribution chart, Sysmex ranks #275 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 52.9%.
Is Sysmex's Cyclically Adjusted PS Ratio too high?
Sysmex's current Cyclically Adjusted PS Ratio of 2.51 is 63% below median its 10-year median of 6.71. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 12.79. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.26. Sysmex's value of 2.51 is 11.1% above this industry median. Based on the distribution chart, Sysmex ranks #275 out of 520 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Sysmex has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sysmex's Cyclically Adjusted PS Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sysmex ranks #275 out of 520 companies for Cyclically Adjusted PS Ratio. This places Sysmex in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.26. Sysmex's value of 2.51 is 11.1% above this benchmark. Historically, Sysmex's own Cyclically Adjusted PS Ratio has ranged from 2.07 to 12.79 over the past decade. While the company's 10-year median is 6.71 vs. the industry median of 2.26, Sysmex 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.26, based on 520 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. Sysmex's current Cyclically Adjusted PS Ratio of 2.51 is 11.1% 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 Sysmex and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sysmex's current Cyclically Adjusted PS Ratio is 2.51, which is 63% below median its own 10-year median of 6.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sysmex stock overvalued right now?
Based on GuruFocus' analysis, Sysmex (TSE:6869) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,922.87, compared to a current price of 円1,599.00 — trading 45.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.51, which is 63% below median its 10-year median of 6.71 and 11.1% above the Medical Devices & Instruments industry median of 2.26. Sysmex's overall GF Score™ is 77/100 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 Sysmex (TSE:6869), the current Cyclically Adjusted PS Ratio is 2.51 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 Sysmex (TSE:6869) Overvalued in 2026?

Based on GuruFocus' analysis, Sysmex stock appears to be undervalued. The current stock price of 円1,599.00 is trading 45.3% below its estimated GF Value™ of 円2,922.87. GuruFocus considers Sysmex to be Significantly Undervalued.

Key valuation signals for TSE:6869:

  • Cyclically Adjusted PS Ratio: 2.51 (63% below median its 10-year median of 6.71)
  • GF Value™: 円2,922.87 vs. price of 円1,599.00 (45.3% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 11.1% above the Medical Devices & Instruments median (#275 of 520)

No single metric tells the full story. See the TSE:6869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sysmex Business Description

Address 1-5-1 Wakihama Kaigan-dori, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 651-0073
Sysmex Corp manufactures and sells laboratory testing equipment and reagents. It conducts product development, manufacturing, sales, and service activities in domestic markets, while certain products are also developed, manufactured, and sold through its subsidiaries. The company operates through five reportable segments based on headquarters: Head Office Management, Americas Headquarters, EMEA Headquarters, China Headquarters, and AP Headquarters.
77GF Score

Get the complete analysis for TSE:6869

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

円1,599.00
Price
円2,922.87
GF Value