ATEAY (Atea ASA) Cyclically Adjusted PS Ratio: 0.41 (As of Jul. 20, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ATEAY Atea ASA ATEAY
82 GF Score
Price $8.11
GF Value $8.62
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Atea ASA Cyclically Adjusted PS Ratio?

Atea ASA ATEAY +0.12% 82 Cyclically Adjusted PS Ratio is 0.41 as of Jul. 20, 2026, which is 2% below its 10-year median of 0.42. GuruFocus rates ATEAY with a GF Score™ of 82/100 and a GF Value™ of $8.62 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,592 Software companies, Atea ASA ranks better than 81.91% on this metric.

As of today (2026-07-20), Atea ASA's current share price is $8.11. Atea ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $19.90. Atea ASA's Cyclically Adjusted PS Ratio for today is 0.41.

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

ATEAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.42   Max: 0.57
Current: 0.43

During the past years, Atea ASA's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.26. And the median was 0.42.

ATEAY's Cyclically Adjusted PS Ratio is ranked better than
81.91% of 1592 companies
in the Software industry
Industry Median: 1.63 vs ATEAY: 0.43

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.

Atea ASA's adjusted revenue per share data for the three months ended in Jun. 2026 was $4.790. 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 $19.90 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atea ASA  (OTCPK:ATEAY) 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.


Atea ASA Cyclically Adjusted PS Ratio Related Terms


Atea ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Atea ASA'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.

Atea ASA Cyclically Adjusted PS Ratio Chart

Atea ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.34 0.37 0.40 0.43

Atea ASA 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 0.44 0.40 0.43 0.38 0.47

ATEAY vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Atea ASA'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.


Atea ASA Cyclically Adjusted PS Ratio vs Software Industry

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

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


ATEAY
82GF Score
Atea ASA ATEAY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atea ASA 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.

Atea ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.11/19.90
=0.41

* 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.

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

For example, Atea ASA'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)
=4.79/141.8500*141.8500
=4.790

Current CPI (Jun. 2026) = 141.8500.

Atea ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.654 104.200 4.974
201612 4.862 104.400 6.606
201703 4.013 105.000 5.421
201706 4.615 105.800 6.188
201709 3.936 105.900 5.272
201712 5.400 106.100 7.220
201803 4.935 107.300 6.524
201806 5.142 108.500 6.723
201809 3.930 109.500 5.091
201812 5.300 109.800 6.847
201903 4.838 110.400 6.216
201906 4.984 110.600 6.392
201909 3.960 111.100 5.056
201912 4.992 111.300 6.362
202003 3.680 111.200 4.694
202006 5.006 112.100 6.335
202009 4.047 112.900 5.085
202012 6.019 112.900 7.562
202103 3.726 114.600 4.612
202106 3.469 115.300 4.268
202109 3.297 117.500 3.980
202112 3.926 118.900 4.684
202203 3.461 119.800 4.098
202206 3.472 122.600 4.017
202209 3.504 125.600 3.957
202212 4.497 125.900 5.067
202303 3.702 127.600 4.115
202306 3.663 130.400 3.985
202309 3.213 129.800 3.511
202312 3.956 131.900 4.254
202403 3.192 132.600 3.415
202406 3.493 133.800 3.703
202409 3.347 133.700 3.551
202412 4.187 134.800 4.406
202503 3.560 136.100 3.710
202506 4.025 137.800 4.143
202509 3.757 138.500 3.848
202512 4.915 139.100 5.012
202603 4.449 141.030 4.475
202606 4.790 141.850 4.790

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 0.41 mean?
Atea ASA (ATEAY) has a Cyclically Adjusted PS Ratio of 0.41 as of Jul. 20, 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 Atea ASA and its competitors. This is near median its historical median of 0.42. Over the past decade, Atea ASA's Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.57. According to the industry distribution chart, Atea ASA ranks #288 out of 1592 companies in the Software industry, placing it in the top 18.1%.
Is Atea ASA's Cyclically Adjusted PS Ratio too high?
Atea ASA's current Cyclically Adjusted PS Ratio of 0.41 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.57. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Atea ASA's value of 0.41 is 74.8% below this industry median. Based on the distribution chart, Atea ASA ranks #288 out of 1592 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Atea ASA has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atea ASA's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Atea ASA ranks #288 out of 1592 companies for Cyclically Adjusted PS Ratio. This places Atea ASA in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.63. Atea ASA's value of 0.41 is 74.8% below this benchmark. Historically, Atea ASA's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.57 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.63, Atea ASA 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.63, based on 1,592 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. Atea ASA's current Cyclically Adjusted PS Ratio of 0.41 is 74.8% 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 Atea ASA and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atea ASA's current Cyclically Adjusted PS Ratio is 0.41, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atea ASA stock overvalued right now?
Based on GuruFocus' analysis, Atea ASA (ATEAY) is currently considered Fairly Valued. The stock's GF Value™ is $8.62, compared to a current price of $8.11 — trading 5.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.41, which is near median its 10-year median of 0.42 and 74.8% below the Software industry median of 1.63. Atea ASA's overall GF Score™ is 82/100 with 6 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 Atea ASA (ATEAY), the current Cyclically Adjusted PS Ratio is 0.41 as of Jul. 20, 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 Atea ASA (ATEAY) Overvalued in 2026?

Based on GuruFocus' analysis, Atea ASA stock appears to be undervalued. The current stock price of $8.11 is trading 5.9% below its estimated GF Value™ of $8.62. GuruFocus considers Atea ASA to be Fairly Valued.

Key valuation signals for ATEAY:

  • Cyclically Adjusted PS Ratio: 0.41 (near median its 10-year median of 0.42)
  • GF Value™: $8.62 vs. price of $8.11 (5.9% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 74.8% below the Software median (#288 of 1592)

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


Atea ASA Business Description

Address Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605
Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates the majority of its revenue in Sweden.
82GF Score

Get the complete analysis for ATEAY

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

$8.11
Price
$8.62
GF Value