Menicon Co (TSE:7780) Cyclically Adjusted PS Ratio: 1.27 (As of Aug. 02, 2026) — 11% Above Median

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TSE:7780 Menicon Co Ltd TSE:7780
89 GF Score
Price 円1,735.00
GF Value 円1,757.51
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Menicon Co Cyclically Adjusted PS Ratio?

Menicon Co TSE:7780 -1.92% 89 Cyclically Adjusted PS Ratio is 1.27 as of Aug. 02, 2026, which is 11% above its 10-year median of 1.14. GuruFocus rates TSE:7780 with a GF Score™ of 89/100 and a GF Value™ of 円1,757.51 (Fairly Valued). The stock has 3 warning signs investors should review. Among 522 Medical Devices & Instruments companies, Menicon Co ranks better than 66.28% on this metric.

As of today (2026-08-02), Menicon Co's current share price is 円1735.00. Menicon Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,362.56. Menicon Co's Cyclically Adjusted PS Ratio for today is 1.27.

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

TSE:7780' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.14   Max: 1.41
Current: 1.23

During the past years, Menicon Co's highest Cyclically Adjusted PS Ratio was 1.41. The lowest was 0.78. And the median was 1.14.

TSE:7780's Cyclically Adjusted PS Ratio is ranked better than
66.28% of 522 companies
in the Medical Devices & Instruments industry
Industry Median: 2.26 vs TSE:7780: 1.23

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.

Menicon Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円421.340. 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1,362.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Menicon Co  (TSE:7780) 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.


Menicon Co Cyclically Adjusted PS Ratio Related Terms


Menicon Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Menicon Co'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.

Menicon Co Cyclically Adjusted PS Ratio Chart

Menicon Co 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 0.00 0.00 0.00 0.97 1.25

Menicon Co 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 0.97 0.86 0.86 1.18 1.25

TSE:7780 vs ISRG, BDX, MDLN: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Menicon Co'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.


Menicon Co Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


TSE:7780
89GF Score
Menicon Co Ltd TSE:7780
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Menicon Co 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.

Menicon Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1735.00/1362.56
=1.27

* 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.

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

For example, Menicon Co'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)
=421.34/112.7000*112.7000
=421.340

Current CPI (Mar. 2026) = 112.7000.

Menicon Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 231.228 98.100 265.641
201609 249.821 98.000 287.294
201612 259.340 98.400 297.029
201703 265.125 98.100 304.583
201706 263.149 98.500 301.085
201709 275.310 98.800 314.043
201712 268.792 99.400 304.757
201803 272.543 99.200 309.633
201806 259.129 99.200 294.394
201809 269.774 99.900 304.340
201812 265.624 99.700 300.259
201903 272.124 99.700 307.607
201906 271.602 99.800 306.709
201909 292.458 100.100 329.271
201912 270.484 100.500 303.319
202003 278.659 100.300 313.109
202006 260.177 99.900 293.513
202009 285.975 99.900 322.616
202012 288.056 99.300 326.928
202103 284.133 99.900 320.538
202106 293.723 99.500 332.689
202109 296.521 100.100 333.845
202112 320.912 100.100 361.307
202203 311.135 101.100 346.834
202206 327.039 101.800 362.056
202209 331.954 103.100 362.863
202212 344.424 104.100 372.878
202303 337.660 104.400 364.505
202306 345.970 105.200 370.635
202309 360.242 106.200 382.291
202312 355.150 106.800 374.770
202403 351.195 107.200 369.213
202406 365.449 108.200 380.648
202409 369.158 108.900 382.040
202412 375.730 110.700 382.518
202503 368.868 111.100 374.180
202506 396.532 111.700 400.082
202509 412.128 112.000 414.704
202512 430.649 113.000 429.506
202603 421.340 112.700 421.340

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 1.27 mean?
Menicon Co (TSE:7780) has a Cyclically Adjusted PS Ratio of 1.27 as of Aug. 02, 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 Menicon Co and its competitors. This is 11% above median its historical median of 1.14. Over the past decade, Menicon Co's Cyclically Adjusted PS Ratio has ranged from 0.78 to 1.41. According to the industry distribution chart, Menicon Co ranks #176 out of 522 companies in the Medical Devices & Instruments industry, placing it in the top 33.7%.
Is Menicon Co's Cyclically Adjusted PS Ratio too high?
Menicon Co's current Cyclically Adjusted PS Ratio of 1.27 is 11% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.41. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.26. Menicon Co's value of 1.27 is 43.8% below this industry median. Based on the distribution chart, Menicon Co ranks #176 out of 522 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Menicon Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Menicon Co's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Menicon Co ranks #176 out of 522 companies for Cyclically Adjusted PS Ratio. This puts Menicon Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.26. Menicon Co's value of 1.27 is 43.8% below this benchmark. Historically, Menicon Co's own Cyclically Adjusted PS Ratio has ranged from 0.78 to 1.41 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 2.26, Menicon Co 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.26, based on 522 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. Menicon Co's current Cyclically Adjusted PS Ratio of 1.27 is 43.8% 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 Menicon Co 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. Menicon Co's current Cyclically Adjusted PS Ratio is 1.27, which is 11% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Menicon Co stock overvalued right now?
Based on GuruFocus' analysis, Menicon Co (TSE:7780) is currently considered Fairly Valued. The stock's GF Value™ is 円1,757.51, compared to a current price of 円1,735.00 — trading 1.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.27, which is 11% above median its 10-year median of 1.14 and 43.8% below the Medical Devices & Instruments industry median of 2.26. Menicon Co's overall GF Score™ is 89/100 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 Menicon Co (TSE:7780), the current Cyclically Adjusted PS Ratio is 1.27 as of Aug. 02, 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 Menicon Co (TSE:7780) Overvalued in 2026?

Based on GuruFocus' analysis, Menicon Co stock appears to be undervalued. The current stock price of 円1,735.00 is trading 1.3% below its estimated GF Value™ of 円1,757.51. GuruFocus considers Menicon Co to be Fairly Valued.

Key valuation signals for TSE:7780:

  • Cyclically Adjusted PS Ratio: 1.27 (11% above median its 10-year median of 1.14)
  • GF Value™: 円1,757.51 vs. price of 円1,735.00 (1.3% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 43.8% below the Medical Devices & Instruments median (#176 of 522)

No single metric tells the full story. See the TSE:7780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Menicon Co Business Description

Other Exchanges 5FR:Germany
Address 3-21-19, Aoi, Naka-ku, Aichi, Nagoya, JPN, 460-0006
Menicon Co Ltd is a contact lens manufacturing company. It is involved in manufacturing, sales, export, and import of contact lenses and other medical goods, manufacturing and sales of medical instruments, sales of medical supplies and research and development of intraocular lenses. The firm's products include soft lenses, gas permeable lenses and lens care products.
89GF Score

Get the complete analysis for TSE:7780

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

円1,735.00
Price
円1,757.51
GF Value