YAMCF (Yamaha) Cyclically Adjusted PS Ratio: 1.11 (As of Jul. 04, 2026) — 47% Below Median


YAMCF Yamaha Corp YAMCF
84 GF Score
Price $6.97
GF Value $7.55
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Yamaha Cyclically Adjusted PS Ratio?

Yamaha YAMCF 84 Cyclically Adjusted PS Ratio is 1.11 as of Jul. 04, 2026, which is 47% below its 10-year median of 2.09. GuruFocus rates YAMCF with a GF Score™ of 84/100 and a GF Value™ of $7.55 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 670 Travel & Leisure companies, Yamaha ranks better than 52.99% on this metric.

As of today (2026-07-04), Yamaha's current share price is $6.965. Yamaha's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $6.29. Yamaha's Cyclically Adjusted PS Ratio for today is 1.11.

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

YAMCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.05   Med: 2.09   Max: 3.34
Current: 1.25

During the past years, Yamaha's highest Cyclically Adjusted PS Ratio was 3.34. The lowest was 1.05. And the median was 2.09.

YAMCF's Cyclically Adjusted PS Ratio is ranked better than
52.99% of 670 companies
in the Travel & Leisure industry
Industry Median: 1.29 vs YAMCF: 1.25

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.

Yamaha's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.740. 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 $6.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yamaha  (OTCPK:YAMCF) 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.


Yamaha Cyclically Adjusted PS Ratio Related Terms


Yamaha Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Yamaha'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.

Yamaha Cyclically Adjusted PS Ratio Chart

Yamaha 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 2.29 2.06 1.26 1.28 1.18

Yamaha 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 1.28 1.15 1.08 1.18 1.18

YAMCF vs AS, HAS, LTH: Cyclically Adjusted PS Ratio Comparison

For the Leisure subindustry, Yamaha'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.


Yamaha Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yamaha's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


YAMCF
84GF Score
Yamaha Corp YAMCF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Yamaha 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.965/6.29
=1.11

* 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.

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

For example, Yamaha'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)
=1.74/112.7000*112.7000
=1.740

Current CPI (Mar. 2026) = 112.7000.

Yamaha Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.659 98.100 1.906
201609 1.752 98.000 2.015
201612 1.666 98.400 1.908
201703 1.574 98.100 1.808
201706 1.623 98.500 1.857
201709 1.742 98.800 1.987
201712 1.877 99.400 2.128
201803 1.786 99.200 2.029
201806 1.740 99.200 1.977
201809 1.779 99.900 2.007
201812 1.935 99.700 2.187
201903 1.702 99.700 1.924
201906 1.718 99.800 1.940
201909 1.894 100.100 2.132
201912 1.959 100.500 2.197
202003 1.609 100.300 1.808
202006 1.265 99.900 1.427
202009 1.670 99.900 1.884
202012 1.964 99.300 2.229
202103 1.750 99.900 1.974
202106 1.765 99.500 1.999
202109 3.444 100.100 3.878
202112 1.768 100.100 1.991
202203 1.733 101.100 1.932
202206 1.536 101.800 1.700
202209 1.519 103.100 1.660
202212 1.730 104.100 1.873
202303 1.649 104.400 1.780
202306 1.477 105.200 1.582
202309 1.515 106.200 1.608
202312 1.676 106.800 1.769
202403 1.607 107.200 1.689
202406 1.437 108.200 1.497
202409 1.644 108.900 1.701
202412 1.624 110.700 1.653
202503 1.544 111.100 1.566
202506 1.588 111.700 1.602
202509 1.678 112.000 1.688
202512 1.767 113.000 1.762
202603 1.740 112.700 1.740

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 1.11 mean?
Yamaha (YAMCF) has a Cyclically Adjusted PS Ratio of 1.11 as of Jul. 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 Yamaha and its competitors. This is 47% below median its historical median of 2.09. Over the past decade, Yamaha's Cyclically Adjusted PS Ratio has ranged from 1.05 to 3.34. According to the industry distribution chart, Yamaha ranks #315 out of 670 companies in the Travel & Leisure industry, placing it in the top 47%.
Is Yamaha's Cyclically Adjusted PS Ratio too high?
Yamaha's current Cyclically Adjusted PS Ratio of 1.11 is 47% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 3.34. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.29. Yamaha's value of 1.11 is 14% below this industry median. Based on the distribution chart, Yamaha ranks #315 out of 670 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Yamaha has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yamaha's Cyclically Adjusted PS Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Yamaha ranks #315 out of 670 companies for Cyclically Adjusted PS Ratio. This puts Yamaha in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Yamaha's value of 1.11 is 14% below this benchmark. Historically, Yamaha's own Cyclically Adjusted PS Ratio has ranged from 1.05 to 3.34 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.29, Yamaha 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.29, based on 670 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. Yamaha's current Cyclically Adjusted PS Ratio of 1.11 is 14% 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 Yamaha and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yamaha's current Cyclically Adjusted PS Ratio is 1.11, which is 47% below median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yamaha stock overvalued right now?
Based on GuruFocus' analysis, Yamaha (YAMCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.55, compared to a current price of $6.97 — trading 7.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.11, which is 47% below median its 10-year median of 2.09 and 14% below the Travel & Leisure industry median of 1.29. Yamaha's overall GF Score™ is 84/100 with 1 warning sign 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 Yamaha (YAMCF), the current Cyclically Adjusted PS Ratio is 1.11 as of Jul. 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 Yamaha (YAMCF) Overvalued in 2026?

Based on GuruFocus' analysis, Yamaha stock appears to be undervalued. The current stock price of $6.97 is trading 7.7% below its estimated GF Value™ of $7.55. GuruFocus considers Yamaha to be Modestly Undervalued.

Key valuation signals for YAMCF:

  • Cyclically Adjusted PS Ratio: 1.11 (47% below median its 10-year median of 2.09)
  • GF Value™: $7.55 vs. price of $6.97 (7.7% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 14% below the Travel & Leisure median (#315 of 670)

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


Yamaha Business Description

Address 10-1, Nakazawa-cho, Chuo-ku, Shizuoka, Hamamatsu, JPN, 430-8650
Yamaha Corp is a Japanese manufacturer of musical instruments and audio equipment. The company operates through two business segments. The Musical Instruments segment is engaged in the manufacture and sale of pianos, electronic musical instruments, orchestral instruments, percussion instruments, and other related products. The Audio Equipment segment manufactures and sells audio equipment, professional audio systems, and information and communication equipment (ICT devices). The Company is also involved in components and equipment, including electronic devices, automotive interiors, and factory automation (FA) equipment, along with businesses in golf goods and resorts. It generates the majority of its revenue from the Musical instruments segment.
84GF Score

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

$6.97
Price
$7.55
GF Value