Shigematsu Works Co (TSE:7980) Cyclically Adjusted PS Ratio: 0.45 (As of Sep. 04, 2026) — 12% Below Median

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TSE:7980 Shigematsu Works Co Ltd TSE:7980
79 GF Score
Price 円845.00
GF Value 円969.93
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shigematsu Works Co Cyclically Adjusted PS Ratio?

Shigematsu Works Co TSE:7980 -0.59% 79 Cyclically Adjusted PS Ratio is 0.45 as of Sep. 04, 2026, which is 12% below its 10-year median of 0.51. GuruFocus rates TSE:7980 with a GF Score™ of 79/100 and a GF Value™ of 円969.93 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 526 Medical Devices & Instruments companies, Shigematsu Works Co ranks better than 85.55% on this metric.

As of today (2026-09-04), Shigematsu Works Co's current share price is 円845.00. Shigematsu Works Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円1,892.32. Shigematsu Works Co's Cyclically Adjusted PS Ratio for today is 0.45.

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

TSE:7980' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.51   Max: 1.77
Current: 0.45

During the past years, Shigematsu Works Co's highest Cyclically Adjusted PS Ratio was 1.77. The lowest was 0.42. And the median was 0.51.

TSE:7980's Cyclically Adjusted PS Ratio is ranked better than
85.55% of 526 companies
in the Medical Devices & Instruments industry
Industry Median: 2.27 vs TSE:7980: 0.45

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.

Shigematsu Works Co's adjusted revenue per share data for the three months ended in Mar. 2026 was 円724.272. 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1,892.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shigematsu Works Co  (TSE:7980) 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.


Shigematsu Works Co Cyclically Adjusted PS Ratio Related Terms


Shigematsu Works Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Shigematsu Works 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.

Shigematsu Works Co Cyclically Adjusted PS Ratio Chart

Shigematsu Works 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 0.59 0.51 0.44 0.00 0.48

Shigematsu Works Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.45 0.44 0.42 0.48 0.00

TSE:7980 vs ISRG, BDX, RMD: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Shigematsu Works 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.


Shigematsu Works Co Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


TSE:7980
79GF Score
Shigematsu Works Co Ltd TSE:7980
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shigematsu Works 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=845.00/1892.32
=0.45

* 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.

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

For example, Shigematsu Works 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)
=724.272/112.7000*112.7000
=724.272

Current CPI (Mar. 2026) = 112.7000.

Shigematsu Works Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 399.750 98.100 459.244
201603 482.562 97.900 555.513
201606 301.287 98.100 346.127
201609 326.992 98.000 376.041
201612 352.732 98.400 403.993
201703 486.604 98.100 559.024
201706 304.911 98.500 348.868
201709 340.517 98.800 388.424
201712 366.473 99.400 415.508
201803 505.896 99.200 574.743
201806 291.141 99.200 330.762
201809 340.452 99.900 384.073
201812 375.534 99.700 424.500
201903 504.300 99.700 570.056
201906 322.263 99.800 363.918
201909 386.013 100.100 434.602
201912 350.208 100.500 392.721
202003 572.371 100.300 643.133
202006 431.015 99.900 486.240
202009 386.868 99.900 436.437
202012 420.105 99.300 476.796
202103 547.976 99.900 618.187
202106 344.170 99.500 389.829
202109 371.963 100.100 418.784
202112 432.053 100.100 486.437
202203 527.859 101.100 588.424
202206 372.093 101.800 411.934
202209 431.973 103.100 472.196
202212 461.069 104.100 499.159
202303 545.472 104.400 588.838
202306 367.493 105.200 393.693
202309 420.245 106.200 445.966
202312 443.134 106.800 467.614
202403 596.571 107.200 627.179
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 413.456 111.700 417.157
202509 485.239 112.000 488.272
202512 569.900 113.000 568.387
202603 724.272 112.700 724.272

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 0.45 mean?
Shigematsu Works Co (TSE:7980) has a Cyclically Adjusted PS Ratio of 0.45 as of Sep. 04, 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 Shigematsu Works Co and its competitors. This is 12% below median its historical median of 0.51. Over the past decade, Shigematsu Works Co's Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.77. According to the industry distribution chart, Shigematsu Works Co ranks #76 out of 526 companies in the Medical Devices & Instruments industry, placing it in the top 14.4%.
Is Shigematsu Works Co's Cyclically Adjusted PS Ratio too high?
Shigematsu Works Co's current Cyclically Adjusted PS Ratio of 0.45 is 12% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.77. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.27. Shigematsu Works Co's value of 0.45 is 80.2% below this industry median. Based on the distribution chart, Shigematsu Works Co ranks #76 out of 526 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Shigematsu Works Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shigematsu Works Co's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Shigematsu Works Co ranks #76 out of 526 companies for Cyclically Adjusted PS Ratio. This places Shigematsu Works Co in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.27. Shigematsu Works Co's value of 0.45 is 80.2% below this benchmark. Historically, Shigematsu Works Co's own Cyclically Adjusted PS Ratio has ranged from 0.42 to 1.77 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 2.27, Shigematsu Works 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 2.27, based on 526 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. Shigematsu Works Co's current Cyclically Adjusted PS Ratio of 0.45 is 80.2% 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 Shigematsu Works Co and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shigematsu Works Co's current Cyclically Adjusted PS Ratio is 0.45, which is 12% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shigematsu Works Co stock overvalued right now?
Based on GuruFocus' analysis, Shigematsu Works Co (TSE:7980) is currently considered Modestly Undervalued. The stock's GF Value™ is 円969.93, compared to a current price of 円845.00 — trading 12.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.45, which is 12% below median its 10-year median of 0.51 and 80.2% below the Medical Devices & Instruments industry median of 2.27. Shigematsu Works Co's overall GF Score™ is 79/100 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 Shigematsu Works Co (TSE:7980), the current Cyclically Adjusted PS Ratio is 0.45 as of Sep. 04, 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 Shigematsu Works Co (TSE:7980) Overvalued in 2026?

Based on GuruFocus' analysis, Shigematsu Works Co stock appears to be undervalued. The current stock price of 円845.00 is trading 12.9% below its estimated GF Value™ of 円969.93. GuruFocus considers Shigematsu Works Co to be Modestly Undervalued.

Key valuation signals for TSE:7980:

  • Cyclically Adjusted PS Ratio: 0.45 (12% below median its 10-year median of 0.51)
  • GF Value™: 円969.93 vs. price of 円845.00 (12.9% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 80.2% below the Medical Devices & Instruments median (#76 of 526)

No single metric tells the full story. See the TSE:7980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shigematsu Works Co Business Description

Address 1-26-1, Nishigahara, Kita-ku, Tokyo, JPN, 114 0024
Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.
79GF Score

Get the complete analysis for TSE:7980

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

円845.00
Price
円969.93
GF Value