Thessaloniki Port Authority (ATH:OLTH) Cyclically Adjusted PS Ratio: 4.57 (As of Jul. 09, 2026) — Near Median


ATH:OLTH Thessaloniki Port Authority SA ATH:OLTH
91 GF Score
Price €38.60
GF Value €31.61
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Thessaloniki Port Authority Cyclically Adjusted PS Ratio?

Thessaloniki Port Authority ATH:OLTH +0.78% 91 Cyclically Adjusted PS Ratio is 4.57 as of Jul. 09, 2026, which is 5% above its 10-year median of 4.34. GuruFocus rates ATH:OLTH with a GF Score™ of 91/100 and a GF Value™ of €31.61 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 751 Transportation companies, Thessaloniki Port Authority ranks worse than 90.01% on this metric.

As of today (2026-07-09), Thessaloniki Port Authority's current share price is €38.60. Thessaloniki Port Authority's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €8.44. Thessaloniki Port Authority's Cyclically Adjusted PS Ratio for today is 4.57.

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

ATH:OLTH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.81   Med: 4.34   Max: 5.95
Current: 4.61

During the past 13 years, Thessaloniki Port Authority's highest Cyclically Adjusted PS Ratio was 5.95. The lowest was 2.81. And the median was 4.34.

ATH:OLTH's Cyclically Adjusted PS Ratio is ranked worse than
90.01% of 751 companies
in the Transportation industry
Industry Median: 0.91 vs ATH:OLTH: 4.61

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.

Thessaloniki Port Authority's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €10.654. 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 €8.44 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thessaloniki Port Authority  (ATH:OLTH) 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.


Thessaloniki Port Authority Cyclically Adjusted PS Ratio Related Terms


Thessaloniki Port Authority Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thessaloniki Port Authority'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.

Thessaloniki Port Authority Cyclically Adjusted PS Ratio Chart

Thessaloniki Port Authority 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 4.16 3.37 3.14 2.87 4.61

Thessaloniki Port Authority 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 3.14 0.00 2.87 0.00 4.61

Thessaloniki Port Authority Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, Thessaloniki Port Authority'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.


Thessaloniki Port Authority Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Thessaloniki Port Authority's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ATH:OLTH
91GF Score
Thessaloniki Port Authority SA ATH:OLTH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thessaloniki Port Authority 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.

Thessaloniki Port Authority's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.60/8.44
=4.57

* 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.

Thessaloniki Port Authority's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Thessaloniki Port Authority's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=10.654/122.4500*122.4500
=10.654

Current CPI (Dec25) = 122.4500.

Thessaloniki Port Authority Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 4.768 100.110 5.832
201712 5.380 100.762 6.538
201812 5.807 101.330 7.017
201912 6.843 102.120 8.205
202012 7.115 99.751 8.734
202112 7.725 104.853 9.021
202212 8.460 112.428 9.214
202312 8.519 116.364 8.965
202412 9.985 119.360 10.243
202512 10.654 122.450 10.654

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 4.57 mean?
Thessaloniki Port Authority (ATH:OLTH) has a Cyclically Adjusted PS Ratio of 4.57 as of Jul. 09, 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 Thessaloniki Port Authority and its competitors. This is near median its historical median of 4.34. Over the past decade, Thessaloniki Port Authority's Cyclically Adjusted PS Ratio has ranged from 2.81 to 5.95. According to the industry distribution chart, Thessaloniki Port Authority ranks #676 out of 751 companies in the Transportation industry, placing it in the top 90%.
Is Thessaloniki Port Authority's Cyclically Adjusted PS Ratio too high?
Thessaloniki Port Authority's current Cyclically Adjusted PS Ratio of 4.57 is near median its 10-year median of 4.34. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 5.95. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Thessaloniki Port Authority's value of 4.57 is 402.2% above this industry median. Based on the distribution chart, Thessaloniki Port Authority ranks #676 out of 751 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Thessaloniki Port Authority has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thessaloniki Port Authority's Cyclically Adjusted PS Ratio compare to competitors?
According to the Transportation industry distribution chart, Thessaloniki Port Authority ranks #676 out of 751 companies for Cyclically Adjusted PS Ratio. This places Thessaloniki Port Authority in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Thessaloniki Port Authority's value of 4.57 is 402.2% above this benchmark. Historically, Thessaloniki Port Authority's own Cyclically Adjusted PS Ratio has ranged from 2.81 to 5.95 over the past decade. While the company's 10-year median is 4.34 vs. the industry median of 0.91, Thessaloniki Port Authority 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.91, based on 751 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. Thessaloniki Port Authority's current Cyclically Adjusted PS Ratio of 4.57 is 402.2% 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 Thessaloniki Port Authority and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thessaloniki Port Authority's current Cyclically Adjusted PS Ratio is 4.57, which is near median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thessaloniki Port Authority stock overvalued right now?
Based on GuruFocus' analysis, Thessaloniki Port Authority (ATH:OLTH) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.61, compared to a current price of €38.60 — trading 22.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.57, which is near median its 10-year median of 4.34 and 402.2% above the Transportation industry median of 0.91. Thessaloniki Port Authority's overall GF Score™ is 91/100 with 4 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 Thessaloniki Port Authority (ATH:OLTH), the current Cyclically Adjusted PS Ratio is 4.57 as of Jul. 09, 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 Thessaloniki Port Authority (ATH:OLTH) Overvalued in 2026?

Based on GuruFocus' analysis, Thessaloniki Port Authority stock appears to be overvalued. The current stock price of €38.60 is trading 22.1% above its estimated GF Value™ of €31.61. GuruFocus considers Thessaloniki Port Authority to be Modestly Overvalued.

Key valuation signals for ATH:OLTH:

  • Cyclically Adjusted PS Ratio: 4.57 (near median its 10-year median of 4.34)
  • GF Value™: €31.61 vs. price of €38.60 (22.1% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 402.2% above the Transportation median (#676 of 751)

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


Thessaloniki Port Authority Business Description

Other Exchanges 03P:Germany
Address Pier No 1, Port of Thessaloniki, Thessaloniki, GRC, 54625
Thessaloniki Port Authority SA operates in the sector of auxiliary activities related to transportation, providing services at the Port of Thessaloniki, including loading and unloading of cargo, storage, port services and passenger traffic. Its business activities include services for unitized cargoes (containers), conventional cargoes (bulk, general and RO-RO), coastal and cruise passengers, vessels (anchoring, mooring, berthing and other services), users of port and non-port facilities including car parking operations, and intermodal transport services (dry-port) through the Company and its subsidiary ThPA Sofia EAD. The Company's operating segments are Container Terminal, Conventional Cargo, Passenger Traffic, Exploitation of Sites and Intermodal.
91GF Score

Get the complete analysis for ATH:OLTH

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

€38.60
Price
€31.61
GF Value