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Quality and ReliabilityATH:QUAL -0.31%77 Cyclically Adjusted PS Ratio is 4.83 as of Aug. 12, 2026, which is 19% above its 10-year median of 4.05. GuruFocus rates ATH:QUAL with a GF Score™ of 77/100 and a GF Value™ of €2.06 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,604 Software companies, Quality and Reliability ranks worse than 76.62% on this metric.
The historical rank and industry rank for Quality and Reliability's Cyclically Adjusted PS Ratio or its related term are showing as below:
ATH:QUAL'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.65 Med: 4.05 Max: 7.53
Current: 4.79
During the past 13 years, Quality and Reliability's highest Cyclically Adjusted PS Ratio was 7.53. The lowest was 1.65. And the median was 4.05.
ATH:QUAL's Cyclically Adjusted PS Ratio is ranked worse than 76.62% of 1604
companies
in the Software industry
Industry Median: 1.665
vs ATH:QUAL: 4.79
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.
Quality and Reliability's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €0.769. 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 €0.27 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Quality and Reliability (ATH:QUAL) 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.
Quality and Reliability Cyclically Adjusted PS Ratio Related Terms
Quality and Reliability Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Quality and Reliability'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.
Quality and Reliability Cyclically Adjusted PS Ratio Chart
ATH:QUAL vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison
For the Software - Application subindustry, Quality and Reliability'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.
Quality and Reliability Cyclically Adjusted PS Ratio vs Software Industry
For the Software industry and Technology sector, Quality and Reliability's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Quality and Reliability's Cyclically Adjusted PS Ratio falls into.
Quality and Reliability 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.
* 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.
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 4.83 mean?
Quality and Reliability (ATH:QUAL) has a Cyclically Adjusted PS Ratio of 4.83 as of Aug. 12, 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 Quality and Reliability and its competitors. This is 19% above median its historical median of 4.05. Over the past decade, Quality and Reliability's Cyclically Adjusted PS Ratio has ranged from 1.65 to 7.53. According to the industry distribution chart, Quality and Reliability ranks #1229 out of 1604 companies in the Software industry, placing it in the top 76.6%.
Is Quality and Reliability's Cyclically Adjusted PS Ratio too high?
Quality and Reliability's current Cyclically Adjusted PS Ratio of 4.83 is 19% above median its 10-year median of 4.05. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 7.53. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Quality and Reliability's value of 4.83 is 190.1% above this industry median. Based on the distribution chart, Quality and Reliability ranks #1229 out of 1604 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Quality and Reliability has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Quality and Reliability's Cyclically Adjusted PS Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Quality and Reliability ranks #1229 out of 1604 companies for Cyclically Adjusted PS Ratio. This places Quality and Reliability in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Quality and Reliability's value of 4.83 is 190.1% above this benchmark. Historically, Quality and Reliability's own Cyclically Adjusted PS Ratio has ranged from 1.65 to 7.53 over the past decade. While the company's 10-year median is 4.05 vs. the industry median of 1.67, Quality and Reliability 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.67, based on 1,604 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. Quality and Reliability's current Cyclically Adjusted PS Ratio of 4.83 is 190.1% 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 Quality and Reliability and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quality and Reliability's current Cyclically Adjusted PS Ratio is 4.83, which is 19% above median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality and Reliability stock overvalued right now?
Based on GuruFocus' analysis, Quality and Reliability (ATH:QUAL) is currently considered Possible Value Trap. The stock's GF Value™ is €2.06, compared to a current price of €1.30 — trading 36.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.83, which is 19% above median its 10-year median of 4.05 and 190.1% above the Software industry median of 1.67. Quality and Reliability'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 Quality and Reliability (ATH:QUAL), the current Cyclically Adjusted PS Ratio is 4.83 as of Aug. 12, 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 Quality and Reliability (ATH:QUAL) Overvalued in 2026?
Based on GuruFocus' analysis, Quality and Reliability stock appears to be undervalued.
The current stock price of €1.30 is trading 36.7% below its estimated GF Value™ of €2.06.
GuruFocus considers Quality and Reliability to be Possible Value Trap.
Key valuation signals for ATH:QUAL:
Cyclically Adjusted PS Ratio: 4.83 (19% above median its 10-year median of 4.05)
GF Value™: €2.06 vs. price of €1.30 (36.7% below fair value)
Industry Position: 190.1% above the Software median (#1229 of 1604)
No single metric tells the full story. See the ATH:QUAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quality and Reliability SA is engaged in software development and in the provision of integration services for information systems. The company delivers complex Integrated Information Systems for large and mid-size enterprises in the public and private sectors, cutting-edge technology solutions for Financial Institutions, Enterprise web Portals, white label e-Bookstore platforms & label e-commerce solutions, cross-platform Mobile Applications and multi-platform eBook interactive educational authoring tools.
77GF 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.
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