Australian Agricultural Projects (ASX:AAP) Cyclically Adjusted PS Ratio: 7.10 (As of Jul. 08, 2026) — 589% Above Median


What is Australian Agricultural Projects Cyclically Adjusted PS Ratio?

Australian Agricultural Projects ASX:AAP -1.39% Cyclically Adjusted PS Ratio is 7.10 as of Jul. 08, 2026, which is 589% above its 10-year median of 1.03. The stock has 6 warning signs investors should review. Among 1,446 Consumer Packaged Goods companies, Australian Agricultural Projects ranks worse than 94.54% on this metric.

As of today (2026-07-08), Australian Agricultural Projects's current share price is A$0.071. Australian Agricultural Projects's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 was A$0.01. Australian Agricultural Projects's Cyclically Adjusted PS Ratio for today is 7.10.

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

ASX:AAP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.03   Max: 7.4
Current: 6.34

During the past 13 years, Australian Agricultural Projects's highest Cyclically Adjusted PS Ratio was 7.40. The lowest was 0.20. And the median was 1.03.

ASX:AAP's Cyclically Adjusted PS Ratio is ranked worse than
94.54% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs ASX:AAP: 6.34

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.

Australian Agricultural Projects's adjusted revenue per share data of for the fiscal year that ended in Jun25 was A$0.013. 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 A$0.01 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Australian Agricultural Projects  (ASX:AAP) 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.


Australian Agricultural Projects Cyclically Adjusted PS Ratio Related Terms


Australian Agricultural Projects Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Australian Agricultural Projects'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.

Australian Agricultural Projects Cyclically Adjusted PS Ratio Chart

Australian Agricultural Projects Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 1.83 0.96 2.16 3.85

Australian Agricultural Projects Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 2.16 0.00 3.85 0.00

ASX:AAP vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, Australian Agricultural Projects'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.


Australian Agricultural Projects Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Agricultural Projects's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Australian Agricultural Projects 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.

Australian Agricultural Projects's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.071/0.01
=7.10

* 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.

Australian Agricultural Projects's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Australian Agricultural Projects's adjusted Revenue per Share data for the fiscal year that ended in Jun25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.013/131.5506*131.5506
=0.013

Current CPI (Jun25) = 131.5506.

Australian Agricultural Projects Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.018 0.000
201706 0.017 0.000
201806 0.006 0.000
201906 0.011 0.000
202006 0.003 0.000
202106 0.007 0.000
202206 0.006 0.000
202306 0.007 0.000
202406 0.011 0.000
202506 0.013 131.551 0.013

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 7.10 mean?
Australian Agricultural Projects (ASX:AAP) has a Cyclically Adjusted PS Ratio of 7.10 as of Jul. 08, 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 Australian Agricultural Projects and its competitors. This is 589% above median its historical median of 1.03. Over the past decade, Australian Agricultural Projects' Cyclically Adjusted PS Ratio has ranged from 0.20 to 7.40. According to the industry distribution chart, Australian Agricultural Projects ranks #1367 out of 1446 companies in the Consumer Packaged Goods industry, placing it in the top 94.5%.
Is Australian Agricultural Projects' Cyclically Adjusted PS Ratio too high?
Australian Agricultural Projects' current Cyclically Adjusted PS Ratio of 7.10 is 589% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 7.40. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Australian Agricultural Projects' value of 7.10 is 822.1% above this industry median. Based on the distribution chart, Australian Agricultural Projects ranks #1367 out of 1446 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Australian Agricultural Projects' Cyclically Adjusted PS Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Australian Agricultural Projects ranks #1367 out of 1446 companies for Cyclically Adjusted PS Ratio. This places Australian Agricultural Projects in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Australian Agricultural Projects' value of 7.10 is 822.1% above this benchmark. Historically, Australian Agricultural Projects' own Cyclically Adjusted PS Ratio has ranged from 0.20 to 7.40 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 0.77, Australian Agricultural Projects 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,446 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. Australian Agricultural Projects's current Cyclically Adjusted PS Ratio of 7.10 is 822.1% 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 Australian Agricultural Projects and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Agricultural Projects's current Cyclically Adjusted PS Ratio is 7.10, which is 589% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Agricultural Projects stock overvalued right now?
Based on GuruFocus' analysis, Australian Agricultural Projects (ASX:AAP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.03, compared to a current price of A$0.07 — trading 136.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.10, which is 589% above median its 10-year median of 1.03 and 822.1% above the Consumer Packaged Goods industry median of 0.77. 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 Australian Agricultural Projects (ASX:AAP), the current Cyclically Adjusted PS Ratio is 7.10 as of Jul. 08, 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.

Australian Agricultural Projects Business Description

Address 456 St Kilda Road, Suite 19, Melbourne, VIC, AUS, 3004
Australian Agricultural Projects Ltd is an Australian company specializing in managing olive groves and investment schemes in Boort, Victoria. The company oversees projects including the Victorian Olive Oil Project, Victorian Olive Oil Project II, and a corporate project operated by Peppercorn Estate Limited. The orchards, situated near Boort in the Mallee region, benefit from a Mediterranean-like climate ideal for olive cultivation. Established during a period of expansion in Australian olive plantings, the company applies modern horticultural practices to produce high-quality olives. The company has also developed brands and a supply agreement with Boundary Bend Limited, linking product value to farm gate prices based on retail sales.