Coherent (XTER:H7B) Cyclically Adjusted PS Ratio: (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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XTER:H7B Coherent Corp XTER:H7B
59 GF Score
Price €244.40
GF Value €82.86
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Coherent Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coherent  (XTER:H7B) 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.


Coherent Cyclically Adjusted PS Ratio Related Terms


Coherent Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Coherent'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.

Coherent Cyclically Adjusted PS Ratio Chart

Coherent Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 2.09 2.70 3.00 12.10

Coherent Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 3.00 3.55 6.01 7.50 12.10

XTER:H7B vs : Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Coherent'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.


Coherent Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


XTER:H7B
59GF Score
Coherent Corp XTER:H7B
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coherent 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.

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

For example, Coherent's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.783/333.9520*333.9520
=8.783

Current CPI (Jun. 2026) = 333.9520.

Coherent Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.104 241.428 4.294
201612 3.412 241.432 4.720
201703 3.524 243.801 4.827
201706 3.746 244.955 5.107
201709 3.361 246.819 4.548
201712 3.657 246.524 4.954
201803 3.302 249.554 4.419
201806 4.218 251.989 5.590
201809 4.073 252.439 5.388
201812 4.589 251.233 6.100
201903 4.613 254.202 6.060
201906 4.887 256.143 6.372
201909 4.685 256.759 6.094
201912 6.598 256.974 8.574
202003 6.073 258.115 7.857
202006 7.245 257.797 9.385
202009 5.873 260.280 7.535
202012 5.620 260.474 7.205
202103 5.657 264.877 7.132
202106 5.770 271.696 7.092
202109 5.834 274.310 7.102
202112 6.132 278.802 7.345
202203 6.427 287.504 7.465
202206 7.182 296.311 8.094
202209 10.189 296.808 11.464
202212 9.331 296.797 10.499
202303 8.292 301.836 9.174
202306 7.947 305.109 8.698
202309 6.564 307.789 7.122
202312 6.845 306.746 7.452
202403 7.310 312.332 7.816
202406 8.004 314.175 8.508
202409 7.907 315.301 8.375
202412 8.564 315.605 9.062
202503 8.929 319.799 9.324
202506 8.529 322.561 8.830
202509 7.066 324.800 7.265
202512 7.468 324.054 7.696
202603 7.954 330.213 8.044
202606 8.783 333.952 8.783

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.

Is Coherent (XTER:H7B) Overvalued in 2026?

Based on GuruFocus' analysis, Coherent stock appears to be overvalued. The current stock price of €244.40 is trading 195% above its estimated GF Value™ of €82.86. GuruFocus considers Coherent to be Significantly Overvalued.

Key valuation signals for XTER:H7B:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €82.86 vs. price of €244.40 (195% above fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the XTER:H7B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coherent Business Description

Comparable Companies
Address 375 Saxonburg Boulevard, Saxonburg, PA, USA, 16056
Coherent Corp is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the communications, industrial, instrumentation, and electronics markets. Its reporting segments are Datacenter Communications and Industrial. Its geographic areas are North America, Europe, China, Japan, and the rest of the world.
59GF Score

Get the complete analysis for XTER:H7B

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

€244.40
Price
€82.86
GF Value