Shimadzu (TSE:7701) Cyclically Adjusted PS Ratio: 2.52 (As of Jul. 30, 2026) — 12% Below Median

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TSE:7701 Shimadzu Corp TSE:7701
96 GF Score
Price 円4,129.00
GF Value 円4,618.13
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Shimadzu Cyclically Adjusted PS Ratio?

Shimadzu TSE:7701 -0.22% 96 Cyclically Adjusted PS Ratio is 2.52 as of Jul. 30, 2026, which is 12% below its 10-year median of 2.87. GuruFocus rates TSE:7701 with a GF Score™ of 96/100 and a GF Value™ of 円4,618.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,975 Hardware companies, Shimadzu ranks worse than 66.73% on this metric.

As of today (2026-07-30), Shimadzu's current share price is 円4129.00. Shimadzu's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,635.50. Shimadzu's Cyclically Adjusted PS Ratio for today is 2.52.

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

TSE:7701' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.9   Med: 2.87   Max: 4.62
Current: 2.55

During the past years, Shimadzu's highest Cyclically Adjusted PS Ratio was 4.62. The lowest was 1.90. And the median was 2.87.

TSE:7701's Cyclically Adjusted PS Ratio is ranked worse than
66.73% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs TSE:7701: 2.55

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.

Shimadzu's adjusted revenue per share data for the three months ended in Mar. 2026 was 円560.702. 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1,635.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shimadzu  (TSE:7701) 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.


Shimadzu Cyclically Adjusted PS Ratio Related Terms


Shimadzu Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shimadzu'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.

Shimadzu Cyclically Adjusted PS Ratio Chart

Shimadzu 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 3.43 3.09 2.94 2.40 2.26

Shimadzu 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 2.40 2.27 2.35 2.57 2.26

TSE:7701 vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Shimadzu'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.


Shimadzu Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


TSE:7701
96GF Score
Shimadzu Corp TSE:7701
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shimadzu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4129.00/1635.50
=2.52

* 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.

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

For example, Shimadzu'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)
=560.702/112.7000*112.7000
=560.702

Current CPI (Mar. 2026) = 112.7000.

Shimadzu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 236.479 98.100 271.674
201609 288.404 98.000 331.665
201612 276.618 98.400 316.818
201703 360.094 98.100 413.686
201706 257.113 98.500 294.179
201709 326.509 98.800 372.445
201712 309.543 99.400 350.961
201803 384.290 99.200 436.588
201806 290.781 99.200 330.353
201809 329.970 99.900 372.248
201812 323.741 99.700 365.954
201903 383.596 99.700 433.614
201906 274.219 99.800 309.664
201909 358.841 100.100 404.010
201912 314.440 100.500 352.611
202003 361.004 100.300 405.635
202006 272.174 99.900 307.047
202009 334.615 99.900 377.489
202012 330.192 99.300 374.750
202103 398.602 99.900 449.674
202106 320.038 99.500 362.495
202109 365.750 100.100 411.788
202112 352.249 100.100 396.588
202203 415.121 101.100 462.751
202206 334.761 101.800 370.605
202209 418.279 103.100 457.226
202212 399.018 104.100 431.982
202303 484.500 104.400 523.019
202306 370.575 105.200 396.994
202309 442.167 106.200 469.230
202312 427.890 106.800 451.528
202403 496.305 107.200 521.768
202406 396.818 108.200 413.322
202409 456.056 108.900 471.970
202412 452.565 110.700 460.741
202503 528.187 111.100 535.794
202506 409.759 111.700 413.427
202509 477.559 112.000 480.544
202512 492.777 113.000 491.469
202603 560.702 112.700 560.702

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 2.52 mean?
Shimadzu (TSE:7701) has a Cyclically Adjusted PS Ratio of 2.52 as of Jul. 30, 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 Shimadzu and its competitors. This is 12% below median its historical median of 2.87. Over the past decade, Shimadzu's Cyclically Adjusted PS Ratio has ranged from 1.90 to 4.62. According to the industry distribution chart, Shimadzu ranks #1318 out of 1975 companies in the Hardware industry, placing it in the top 66.7%.
Is Shimadzu's Cyclically Adjusted PS Ratio too high?
Shimadzu's current Cyclically Adjusted PS Ratio of 2.52 is 12% below median its 10-year median of 2.87. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 4.62. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Shimadzu's value of 2.52 is 88.1% above this industry median. Based on the distribution chart, Shimadzu ranks #1318 out of 1975 companies in the Hardware industry, which is below the industry midpoint. Overall, Shimadzu has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shimadzu's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Shimadzu ranks #1318 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Shimadzu in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Shimadzu's value of 2.52 is 88.1% above this benchmark. Historically, Shimadzu's own Cyclically Adjusted PS Ratio has ranged from 1.90 to 4.62 over the past decade. While the company's 10-year median is 2.87 vs. the industry median of 1.34, Shimadzu 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. Shimadzu's current Cyclically Adjusted PS Ratio of 2.52 is 88.1% 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 Shimadzu 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. Shimadzu's current Cyclically Adjusted PS Ratio is 2.52, which is 12% below median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimadzu stock overvalued right now?
Based on GuruFocus' analysis, Shimadzu (TSE:7701) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,618.13, compared to a current price of 円4,129.00 — trading 10.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.52, which is 12% below median its 10-year median of 2.87 and 88.1% above the Hardware industry median of 1.34. Shimadzu's overall GF Score™ is 96/100 with 2 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 Shimadzu (TSE:7701), the current Cyclically Adjusted PS Ratio is 2.52 as of Jul. 30, 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 Shimadzu (TSE:7701) Overvalued in 2026?

Based on GuruFocus' analysis, Shimadzu stock appears to be undervalued. The current stock price of 円4,129.00 is trading 10.6% below its estimated GF Value™ of 円4,618.13. GuruFocus considers Shimadzu to be Modestly Undervalued.

Key valuation signals for TSE:7701:

  • Cyclically Adjusted PS Ratio: 2.52 (12% below median its 10-year median of 2.87)
  • GF Value™: 円4,618.13 vs. price of 円4,129.00 (10.6% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 88.1% above the Hardware median (#1318 of 1975)

No single metric tells the full story. See the TSE:7701 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shimadzu Business Description

Other Exchanges SHMXY:USAHDZ:Germany
Address 1 Nishinokyo Kuwabaracho, Nakagyo-ku, Kyoto, JPN, 604-8511
Shimadzu Corp is a Japan-based company engaged in the manufacture of precision instruments, measuring equipment, and medical devices. The firm operates in four segments: Aviation Equipment, Industrial Equipment, Measuring Equipment, Medical Equipment, and Others. It generates the majority of its revenue from the Measuring Equipment segment, which is engaged in the provision of X-ray television (TV) systems, angiography systems, X-ray imaging systems, and others.
96GF Score

Get the complete analysis for TSE:7701

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

円4,129.00
Price
円4,618.13
GF Value