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KeyenceXBUL:KEE 99 Cyclically Adjusted PS Ratio is 16.42 as of Aug. 17, 2026, which is 36% below its 10-year median of 25.55. GuruFocus rates XBUL:KEE with a GF Score™ of 99/100 and a GF Value™ of лв285.07. The stock has 5 warning signs investors should review. Among 1,975 Hardware companies, Keyence ranks worse than 97.72% on this metric.
The historical rank and industry rank for Keyence's Cyclically Adjusted PS Ratio or its related term are showing as below:
XBUL:KEE'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 16.33 Med: 25.55 Max: 42.99
Current: 26.23
During the past years, Keyence's highest Cyclically Adjusted PS Ratio was 42.99. The lowest was 16.33. And the median was 25.55.
XBUL:KEE's Cyclically Adjusted PS Ratio is ranked worse than 97.72% of 1975
companies
in the Hardware industry
Industry Median: 1.41
vs XBUL:KEE: 26.23
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.
Keyence's adjusted revenue per share data for the three months ended in Mar. 2026 was лв14.753. 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 лв19.03 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Keyence (XBUL:KEE) 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.
Keyence Cyclically Adjusted PS Ratio Related Terms
Keyence Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Keyence'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.
XBUL:KEE vs COHR, KEYS, GRMN: Cyclically Adjusted PS Ratio Comparison
For the Scientific & Technical Instruments subindustry, Keyence'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.
Keyence Cyclically Adjusted PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Keyence's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Keyence's Cyclically Adjusted PS Ratio falls into.
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.
Keyence's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 16.42 mean?
Keyence (XBUL:KEE) has a Cyclically Adjusted PS Ratio of 16.42 as of Aug. 17, 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 Keyence and its competitors. This is 36% below median its historical median of 25.55. Over the past decade, Keyence's Cyclically Adjusted PS Ratio has ranged from 16.33 to 42.99. According to the industry distribution chart, Keyence ranks #1930 out of 1975 companies in the Hardware industry, placing it in the top 97.7%.
Is Keyence's Cyclically Adjusted PS Ratio too high?
Keyence's current Cyclically Adjusted PS Ratio of 16.42 is 36% below median its 10-year median of 25.55. Over the past 10 years, this metric has ranged from a low of 16.33 to a high of 42.99. The Hardware industry median Cyclically Adjusted PS Ratio is 1.41. Keyence's value of 16.42 is 1064.5% above this industry median. Based on the distribution chart, Keyence ranks #1930 out of 1975 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Keyence has a GF Score™ of 99/100, reflecting its overall financial health beyond just this single metric.
How does Keyence's Cyclically Adjusted PS Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Keyence ranks #1930 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Keyence in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.41. Keyence's value of 16.42 is 1064.5% above this benchmark. Historically, Keyence's own Cyclically Adjusted PS Ratio has ranged from 16.33 to 42.99 over the past decade. While the company's 10-year median is 25.55 vs. the industry median of 1.41, Keyence 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 1.41, 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. Keyence's current Cyclically Adjusted PS Ratio of 16.42 is 1064.5% 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 Keyence and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keyence's current Cyclically Adjusted PS Ratio is 16.42, which is 36% below median its own 10-year median of 25.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keyence stock overvalued right now?
Keyence (XBUL:KEE) has a current Cyclically Adjusted PS Ratio of 16.42. The stock's GF Value™ is лв285.07, compared to a current price of лв312.40 — trading 9.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 16.42, which is 36% below median its 10-year median of 25.55 and 1064.5% above the Hardware industry median of 1.41. Keyence's overall GF Score™ is 99/100 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 Keyence (XBUL:KEE), the current Cyclically Adjusted PS Ratio is 16.42 as of Aug. 17, 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 Keyence (XBUL:KEE) Overvalued in 2026?
Based on GuruFocus' analysis, Keyence stock appears to be overvalued.
The current stock price of лв312.40 is trading 9.6% above its estimated GF Value™ of лв285.07.
Key valuation signals for XBUL:KEE:
Cyclically Adjusted PS Ratio: 16.42 (36% below median its 10-year median of 25.55)
GF Value™: лв285.07 vs. price of лв312.40 (9.6% above fair value)
Industry Position: 1064.5% above the Hardware median (#1930 of 1975)
No single metric tells the full story. See the XBUL:KEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keyence Corporation, founded in May 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, began as Lead Electric Co., Ltd. before rebranding to Keyence (derived from "KEY of sciENCE") in 1986. As a global leader in industrial automation, the company designs and manufactures a comprehensive range of high-precision products, including sensors (photoelectric, laser, proximity), machine vision systems, measurement instruments (laser displacement sensors, 3D scanners), control systems (PLCs, HMIs), laser markers, digital microscopes, and safety equipment.
99GF Score
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