Titan (ATH:TITC) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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:TITC Titan SA ATH:TITC
91 GF Score
Price €49.26
GF Value €40.01
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Titan Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Titan  (ATH:TITC) 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.


Titan Cyclically Adjusted PS Ratio Related Terms


Titan Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Titan'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.

Titan Cyclically Adjusted PS Ratio Chart

Titan 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 - - - - 1.79

Titan 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 - - 1.79 1.52 1.73

ATH:TITC vs CRH, MLM, VMC: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, Titan'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.


Titan Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Titan's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ATH:TITC
91GF Score
Titan SA ATH:TITC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Titan 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.

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

For example, Titan'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)
=35.61/135.0800*135.0800
=35.610

Current CPI (Dec25) = 135.0800.

Titan Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 19.184 102.614 25.254
201712 19.141 104.804 24.670
201812 18.941 107.252 23.855
201912 20.190 108.065 25.237
202012 20.765 108.511 25.849
202112 22.834 114.705 26.890
202212 31.791 126.578 33.926
202312 34.068 128.292 35.871
202412 35.525 132.346 36.259
202512 35.610 135.080 35.610

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.

Is Titan (ATH:TITC) Overvalued in 2026?

Based on GuruFocus' analysis, Titan stock appears to be overvalued. The current stock price of €49.26 is trading 23.1% above its estimated GF Value™ of €40.01. GuruFocus considers Titan to be Modestly Overvalued.

Key valuation signals for ATH:TITC:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €40.01 vs. price of €49.26 (23.1% above fair value)
  • GF Score™: 91/100 with 2 warning signs

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


Titan Business Description

Address 14 Place Sainte Gudule, Signature City Centre, office 117, Brussels, BEL, 1000
Titan SA is an international business operating in the building and infrastructure materials industry, committed to providing the materials, solutions, and services needed for safe and sustainable homes, buildings, and infrastructure. The company offers construction materials, solutions, and services that enable people to enjoy life while supporting the development of sustainable living environments.
91GF Score

Get the complete analysis for ATH:TITC

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

€49.26
Price
€40.01
GF Value