Komatsu (WBO:KOMT) Cyclically Adjusted PS Ratio: 2.09 (As of Aug. 10, 2026) — 55% Above Median

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WBO:KOMT Komatsu Ltd WBO:KOMT
84 GF Score
Price €40.33
GF Value €27.04
! 8 Warning Signs
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What is Komatsu Cyclically Adjusted PS Ratio?

Komatsu WBO:KOMT -0.59% 84 Cyclically Adjusted PS Ratio is 2.09 as of Aug. 10, 2026, which is 55% above its 10-year median of 1.35. GuruFocus rates WBO:KOMT with a GF Score™ of 84/100 and a GF Value™ of €27.04. The stock has 8 warning signs investors should review. Among 168 Farm & Heavy Construction Machinery companies, Komatsu ranks worse than 73.81% on this metric.

As of today (2026-08-10), Komatsu's current share price is €40.33. Komatsu's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €19.33. Komatsu's Cyclically Adjusted PS Ratio for today is 2.09.

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

WBO:KOMT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.35   Max: 2.26
Current: 2.11

During the past years, Komatsu's highest Cyclically Adjusted PS Ratio was 2.26. The lowest was 0.67. And the median was 1.35.

WBO:KOMT's Cyclically Adjusted PS Ratio is ranked worse than
73.81% of 168 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.035 vs WBO:KOMT: 2.11

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.

Komatsu's adjusted revenue per share data for the three months ended in Mar. 2026 was €7.301. 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 €19.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Komatsu  (WBO:KOMT) 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.


Komatsu Cyclically Adjusted PS Ratio Related Terms


Komatsu Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Komatsu'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.

Komatsu Cyclically Adjusted PS Ratio Chart

Komatsu 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 1.23 1.24 1.53 1.34 1.73

Komatsu 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 1.34 1.45 1.55 1.46 1.73

WBO:KOMT vs CAT, DE, PCAR: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WBO:KOMT
84GF Score
Komatsu Ltd WBO:KOMT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Komatsu 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.33/19.33
=2.09

* 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.

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

For example, Komatsu'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)
=7.301/112.7000*112.7000
=7.301

Current CPI (Mar. 2026) = 112.7000.

Komatsu Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.484 98.100 4.003
201609 3.773 98.000 4.339
201612 3.727 98.400 4.269
201703 5.054 98.100 5.806
201706 4.769 98.500 5.457
201709 4.794 98.800 5.468
201712 5.124 99.400 5.810
201803 5.630 99.200 6.396
201806 5.320 99.200 6.044
201809 5.439 99.900 6.136
201812 5.811 99.700 6.569
201903 5.957 99.700 6.734
201906 5.287 99.800 5.970
201909 5.397 100.100 6.076
201912 5.362 100.500 6.013
202003 5.488 100.300 6.166
202006 4.009 99.900 4.523
202009 4.247 99.900 4.791
202012 4.656 99.300 5.284
202103 5.532 99.900 6.241
202106 5.171 99.500 5.857
202109 5.255 100.100 5.916
202112 5.955 100.100 6.705
202203 6.387 101.100 7.120
202206 5.706 101.800 6.317
202209 6.379 103.100 6.973
202212 6.810 104.100 7.373
202303 7.401 104.400 7.989
202306 6.212 105.200 6.655
202309 6.193 106.200 6.572
202312 6.544 106.800 6.906
202403 6.953 107.200 7.310
202406 5.995 108.200 6.244
202409 6.808 108.900 7.046
202412 6.655 110.700 6.775
202503 7.666 111.100 7.776
202506 5.930 111.700 5.983
202509 6.181 112.000 6.220
202512 6.203 113.000 6.187
202603 7.301 112.700 7.301

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 2.09 mean?
Komatsu (WBO:KOMT) has a Cyclically Adjusted PS Ratio of 2.09 as of Aug. 10, 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 Komatsu and its competitors. This is 55% above median its historical median of 1.35. Over the past decade, Komatsu's Cyclically Adjusted PS Ratio has ranged from 0.67 to 2.26. According to the industry distribution chart, Komatsu ranks #124 out of 168 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 73.8%.
Is Komatsu's Cyclically Adjusted PS Ratio too high?
Komatsu's current Cyclically Adjusted PS Ratio of 2.09 is 55% above median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.26. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.04. Komatsu's value of 2.09 is 101.9% above this industry median. Based on the distribution chart, Komatsu ranks #124 out of 168 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Komatsu has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Komatsu's Cyclically Adjusted PS Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Komatsu ranks #124 out of 168 companies for Cyclically Adjusted PS Ratio. This places Komatsu in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.04. Komatsu's value of 2.09 is 101.9% above this benchmark. Historically, Komatsu's own Cyclically Adjusted PS Ratio has ranged from 0.67 to 2.26 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.04, Komatsu 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.04, based on 168 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. Komatsu's current Cyclically Adjusted PS Ratio of 2.09 is 101.9% 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 Komatsu and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Komatsu's current Cyclically Adjusted PS Ratio is 2.09, which is 55% above median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komatsu stock overvalued right now?
Komatsu (WBO:KOMT) has a current Cyclically Adjusted PS Ratio of 2.09. The stock's GF Value™ is €27.04, compared to a current price of €40.33 — trading 49.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.09, which is 55% above median its 10-year median of 1.35 and 101.9% above the Farm & Heavy Construction Machinery industry median of 1.04. Komatsu's overall GF Score™ is 84/100 with 8 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 Komatsu (WBO:KOMT), the current Cyclically Adjusted PS Ratio is 2.09 as of Aug. 10, 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 Komatsu (WBO:KOMT) Overvalued in 2026?

Based on GuruFocus' analysis, Komatsu stock appears to be overvalued. The current stock price of €40.33 is trading 49.1% above its estimated GF Value™ of €27.04.

Key valuation signals for WBO:KOMT:

  • Cyclically Adjusted PS Ratio: 2.09 (55% above median its 10-year median of 1.35)
  • GF Value™: €27.04 vs. price of €40.33 (49.1% above fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 101.9% above the Farm & Heavy Construction Machinery median (#124 of 168)

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


Komatsu Business Description

Address 1-2-20 Kaigan, Shiodome Building, Minato-ku, Tokyo, JPN, 105-8316
Komatsu, headquartered in Tokyo, is the world's second-largest manufacturer of construction, mining, and utility equipment, with a legacy dating back to 1921. Operating in over 150 countries, Komatsu delivers a full suite of heavy machinery, intelligent solutions, and lifecycle services across infrastructure, energy, natural resources, and industrial sectors.
84GF Score

Get the complete analysis for WBO:KOMT

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

€40.33
Price
€27.04
GF Value