Jeol (TSE:6951) Cyclically Adjusted PS Ratio: 2.73 (As of Aug. 08, 2026) — 60% Above Median

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TSE:6951 Jeol Ltd TSE:6951
84 GF Score
Price 円8,301.00
GF Value 円5,269.82
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Jeol Cyclically Adjusted PS Ratio?

Jeol TSE:6951 -3.67% 84 Cyclically Adjusted PS Ratio is 2.73 as of Aug. 08, 2026, which is 60% above its 10-year median of 1.71. GuruFocus rates TSE:6951 with a GF Score™ of 84/100 and a GF Value™ of 円5,269.82 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,975 Hardware companies, Jeol ranks worse than 68.25% on this metric.

As of today (2026-08-08), Jeol's current share price is 円8301.00. Jeol's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円3,036.84. Jeol's Cyclically Adjusted PS Ratio for today is 2.73.

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

TSE:6951' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.71   Max: 4.26
Current: 2.7

During the past years, Jeol's highest Cyclically Adjusted PS Ratio was 4.26. The lowest was 0.47. And the median was 1.71.

TSE:6951's Cyclically Adjusted PS Ratio is ranked worse than
68.25% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TSE:6951: 2.70

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.

Jeol's adjusted revenue per share data for the three months ended in Mar. 2026 was 円969.970. 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3,036.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jeol  (TSE:6951) 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.


Jeol Cyclically Adjusted PS Ratio Related Terms


Jeol Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jeol'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.

Jeol Cyclically Adjusted PS Ratio Chart

Jeol 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 2.96 1.70 2.37 1.58 1.88

Jeol 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 1.58 1.49 1.71 1.66 1.88

TSE:6951 vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Jeol'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.


Jeol Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSE:6951
84GF Score
Jeol Ltd TSE:6951
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jeol 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8301.00/3036.84
=2.73

* 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.

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

For example, Jeol'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)
=969.97/112.7000*112.7000
=969.970

Current CPI (Mar. 2026) = 112.7000.

Jeol Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 394.755 98.100 453.505
201609 524.940 98.000 603.681
201612 440.061 98.400 504.013
201703 703.701 98.100 808.431
201706 327.041 98.500 374.188
201709 515.327 98.800 587.827
201712 561.275 99.400 636.375
201803 760.711 99.200 864.235
201806 413.098 99.200 469.316
201809 553.960 99.900 624.938
201812 549.820 99.700 621.512
201903 786.584 99.700 889.148
201906 387.929 99.800 438.072
201909 669.992 100.100 754.327
201912 593.389 100.500 665.422
202003 775.386 100.300 871.246
202006 433.580 99.900 489.134
202009 588.601 99.900 664.017
202012 534.833 99.300 607.006
202103 728.684 99.900 822.049
202106 492.456 99.500 557.787
202109 579.962 100.100 652.964
202112 734.035 100.100 826.431
202203 932.974 101.100 1,040.021
202206 565.682 101.800 626.251
202209 703.019 103.100 768.480
202212 841.322 104.100 910.826
202303 1,077.026 104.400 1,162.652
202306 561.450 105.200 601.477
202309 783.975 106.200 831.958
202312 746.985 106.800 788.251
202403 1,320.525 107.200 1,388.276
202406 711.596 108.200 741.191
202409 995.519 108.900 1,030.257
202412 960.875 110.700 978.235
202503 1,180.349 111.100 1,197.348
202506 785.186 111.700 792.215
202509 819.305 112.000 824.426
202512 933.413 113.000 930.935
202603 969.970 112.700 969.970

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 2.73 mean?
Jeol (TSE:6951) has a Cyclically Adjusted PS Ratio of 2.73 as of Aug. 08, 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 Jeol and its competitors. This is 60% above median its historical median of 1.71. Over the past decade, Jeol's Cyclically Adjusted PS Ratio has ranged from 0.47 to 4.26. According to the industry distribution chart, Jeol ranks #1348 out of 1975 companies in the Hardware industry, placing it in the top 68.3%.
Is Jeol's Cyclically Adjusted PS Ratio too high?
Jeol's current Cyclically Adjusted PS Ratio of 2.73 is 60% above median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 4.26. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Jeol's value of 2.73 is 103.7% above this industry median. Based on the distribution chart, Jeol ranks #1348 out of 1975 companies in the Hardware industry, which is below the industry midpoint. Overall, Jeol has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jeol's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Jeol ranks #1348 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Jeol in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Jeol's value of 2.73 is 103.7% above this benchmark. Historically, Jeol's own Cyclically Adjusted PS Ratio has ranged from 0.47 to 4.26 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.34, Jeol 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. Jeol's current Cyclically Adjusted PS Ratio of 2.73 is 103.7% 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 Jeol 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. Jeol's current Cyclically Adjusted PS Ratio is 2.73, which is 60% above median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jeol stock overvalued right now?
Based on GuruFocus' analysis, Jeol (TSE:6951) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5,269.82, compared to a current price of 円8,301.00 — trading 57.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.73, which is 60% above median its 10-year median of 1.71 and 103.7% above the Hardware industry median of 1.34. Jeol's overall GF Score™ is 84/100 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 Jeol (TSE:6951), the current Cyclically Adjusted PS Ratio is 2.73 as of Aug. 08, 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 Jeol (TSE:6951) Overvalued in 2026?

Based on GuruFocus' analysis, Jeol stock appears to be overvalued. The current stock price of 円8,301.00 is trading 57.5% above its estimated GF Value™ of 円5,269.82. GuruFocus considers Jeol to be Significantly Overvalued.

Key valuation signals for TSE:6951:

  • Cyclically Adjusted PS Ratio: 2.73 (60% above median its 10-year median of 1.71)
  • GF Value™: 円5,269.82 vs. price of 円8,301.00 (57.5% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 103.7% above the Hardware median (#1348 of 1975)

No single metric tells the full story. See the TSE:6951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jeol Business Description

Other Exchanges JELLF:USAJEL:Germany
Address 3-1-2 Musashino, Akishima, Tokyo, JPN, 196-8558
Jeol Ltd is engaged in the manufacture and sale of scientific and measuring instruments, industrial equipment, and medical equipment. The group has three reportable segments: Scientific and Measuring Instruments, Industrial Equipment, and Medical Equipment. The Scientific and Measuring Instruments segment manufactures and sells electron microscopes, nuclear magnetic resonance devices, and mass spectrometers. The Industrial Equipment segment manufactures and sells electron beam lithography equipment, electron beam metal 3D printers, and high-frequency power supplies. The Medical Equipment segment manufactures and sells automatic analyzers and related products. It generates the majority of its revenue from the Scientific and Measuring Instruments segment.
84GF Score

Get the complete analysis for TSE:6951

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

円8,301.00
Price
円5,269.82
GF Value