Karelia Tobacco Co (ATH:KARE) Cyclically Adjusted PS Ratio: 0.85 (As of Jul. 27, 2026) — 16% Above 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.

ATH:KARE Karelia Tobacco Co Inc SA ATH:KARE
77 GF Score
Price €424.00
GF Value €410.41
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Karelia Tobacco Co Cyclically Adjusted PS Ratio?

Karelia Tobacco Co ATH:KARE 77 Cyclically Adjusted PS Ratio is 0.85 as of Jul. 27, 2026, which is 16% above its 10-year median of 0.73. GuruFocus rates ATH:KARE with a GF Score™ of 77/100 and a GF Value™ of €410.41 (Fairly Valued). The stock has 7 warning signs investors should review. Among 34 Tobacco Products companies, Karelia Tobacco Co ranks better than 61.76% on this metric.

As of today (2026-07-27), Karelia Tobacco Co's current share price is €424.00. Karelia Tobacco Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €499.47. Karelia Tobacco Co's Cyclically Adjusted PS Ratio for today is 0.85.

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

ATH:KARE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.73   Max: 0.95
Current: 0.85

During the past years, Karelia Tobacco Co's highest Cyclically Adjusted PS Ratio was 0.95. The lowest was 0.57. And the median was 0.73.

ATH:KARE's Cyclically Adjusted PS Ratio is ranked better than
61.76% of 34 companies
in the Tobacco Products industry
Industry Median: 2.07 vs ATH:KARE: 0.85

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.

Karelia Tobacco Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €141.161. 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 €499.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Karelia Tobacco Co  (ATH:KARE) 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.


Karelia Tobacco Co Cyclically Adjusted PS Ratio Related Terms


Karelia Tobacco Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Karelia Tobacco Co'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.

Karelia Tobacco Co Cyclically Adjusted PS Ratio Chart

Karelia Tobacco Co 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 0.70 0.65 0.71 0.75 0.73

Karelia Tobacco Co 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 0.68 0.67 0.72 0.73 0.76

ATH:KARE vs PM, MO, TPB: Cyclically Adjusted PS Ratio Comparison

For the Tobacco subindustry, Karelia Tobacco Co'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.


Karelia Tobacco Co Cyclically Adjusted PS Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Karelia Tobacco Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ATH:KARE
77GF Score
Karelia Tobacco Co Inc SA ATH:KARE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karelia Tobacco Co 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.

Karelia Tobacco Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=424.00/499.47
=0.85

* 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.

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

For example, Karelia Tobacco Co'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)
=141.161/124.8200*124.8200
=141.161

Current CPI (Mar. 2026) = 124.8200.

Karelia Tobacco Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 81.687 100.121 101.839
201609 89.252 99.878 111.540
201612 73.800 100.110 92.016
201703 76.936 100.770 95.298
201706 81.457 101.138 100.531
201709 93.329 100.882 115.475
201712 80.419 100.762 99.619
201803 76.860 100.534 95.427
201806 90.866 102.121 111.064
201809 94.253 101.982 115.361
201812 86.254 101.330 106.249
201903 81.583 101.482 100.344
201906 90.947 101.837 111.472
201909 105.995 101.906 129.829
201912 96.726 102.120 118.227
202003 89.295 101.479 109.834
202006 97.459 100.239 121.359
202009 114.614 99.886 143.225
202012 100.342 99.751 125.560
202103 95.457 99.817 119.368
202106 108.023 101.270 133.144
202109 120.159 102.095 146.905
202112 105.334 104.853 125.392
202203 101.774 108.651 116.919
202206 119.315 113.517 131.195
202209 126.326 114.371 137.867
202212 111.184 112.428 123.439
202303 106.147 113.620 116.611
202306 118.618 115.515 128.173
202309 131.938 116.234 141.684
202312 123.064 116.364 132.007
202403 115.602 117.285 123.029
202406 140.366 118.129 148.317
202409 151.510 119.650 158.057
202412 139.210 119.360 145.578
202503 130.001 120.133 135.073
202506 155.038 121.399 159.407
202509 169.415 121.950 173.402
202512 150.778 122.450 153.696
202603 141.161 124.820 141.161

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 0.85 mean?
Karelia Tobacco Co (ATH:KARE) has a Cyclically Adjusted PS Ratio of 0.85 as of Jul. 27, 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 Karelia Tobacco Co and its competitors. This is 16% above median its historical median of 0.73. Over the past decade, Karelia Tobacco Co's Cyclically Adjusted PS Ratio has ranged from 0.57 to 0.95. According to the industry distribution chart, Karelia Tobacco Co ranks #13 out of 34 companies in the Tobacco Products industry, placing it in the top 38.2%.
Is Karelia Tobacco Co's Cyclically Adjusted PS Ratio too high?
Karelia Tobacco Co's current Cyclically Adjusted PS Ratio of 0.85 is 16% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.95. The Tobacco Products industry median Cyclically Adjusted PS Ratio is 2.07. Karelia Tobacco Co's value of 0.85 is 58.9% below this industry median. Based on the distribution chart, Karelia Tobacco Co ranks #13 out of 34 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Karelia Tobacco Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Karelia Tobacco Co's Cyclically Adjusted PS Ratio compare to PM and MO?
According to the Tobacco Products industry distribution chart, Karelia Tobacco Co ranks #13 out of 34 companies for Cyclically Adjusted PS Ratio. This puts Karelia Tobacco Co in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.07. Karelia Tobacco Co's value of 0.85 is 58.9% below this benchmark. Historically, Karelia Tobacco Co's own Cyclically Adjusted PS Ratio has ranged from 0.57 to 0.95 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 2.07, Karelia Tobacco Co 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 Tobacco Products company?
The median Cyclically Adjusted PS Ratio among Tobacco Products companies is 2.07, based on 34 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. Karelia Tobacco Co's current Cyclically Adjusted PS Ratio of 0.85 is 58.9% 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 Karelia Tobacco Co and its competitors. For the Tobacco Products industry, the median Cyclically Adjusted PS Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karelia Tobacco Co's current Cyclically Adjusted PS Ratio is 0.85, which is 16% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karelia Tobacco Co stock overvalued right now?
Based on GuruFocus' analysis, Karelia Tobacco Co (ATH:KARE) is currently considered Fairly Valued. The stock's GF Value™ is €410.41, compared to a current price of €424.00 — trading 3.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.85, which is 16% above median its 10-year median of 0.73 and 58.9% below the Tobacco Products industry median of 2.07. Karelia Tobacco Co's overall GF Score™ is 77/100 with 7 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 Karelia Tobacco Co (ATH:KARE), the current Cyclically Adjusted PS Ratio is 0.85 as of Jul. 27, 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 Karelia Tobacco Co (ATH:KARE) Overvalued in 2026?

Based on GuruFocus' analysis, Karelia Tobacco Co stock appears to be overvalued. The current stock price of €424.00 is trading 3.3% above its estimated GF Value™ of €410.41. GuruFocus considers Karelia Tobacco Co to be Fairly Valued.

Key valuation signals for ATH:KARE:

  • Cyclically Adjusted PS Ratio: 0.85 (16% above median its 10-year median of 0.73)
  • GF Value™: €410.41 vs. price of €424.00 (3.3% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 58.9% below the Tobacco Products median (#13 of 34)

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


Karelia Tobacco Co Business Description

Other Exchanges DC5:Germany
Address Athinon Street, Kalamata, GRC, 24100
Karelia Tobacco Co Inc SA is in the business of manufacture, export, and wholesale of tobacco products such as cigarettes, cigars, hand-rolling cigarettes, and other duty-free tobacco products. The firm's flagship brands include George Karelias and Sons, Slims, Ome, Karelia Blue, and American Legend. Its geographical segment includes Greece and International. The company derives a majority of its revenue from the Greece segment.
77GF Score

Get the complete analysis for ATH:KARE

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

€424.00
Price
€410.41
GF Value