Afric Industries (CAS:AFI) Cyclically Adjusted PS Ratio: 1.91 (As of Jul. 05, 2026) — Near Median


CAS:AFI Afric Industries SA CAS:AFI
69 GF Score
Price MAD323.00
GF Value MAD339.12
Valuation Fairly Valued
! 4 Warning Signs
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What is Afric Industries Cyclically Adjusted PS Ratio?

Afric Industries CAS:AFI 69 Cyclically Adjusted PS Ratio is 1.91 as of Jul. 05, 2026, which is 6% below its 10-year median of 2.04. GuruFocus rates CAS:AFI with a GF Score™ of 69/100 and a GF Value™ of MAD339.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,275 Chemicals companies, Afric Industries ranks worse than 60.86% on this metric.

As of today (2026-07-05), Afric Industries's current share price is MAD323.00. Afric Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was MAD168.97. Afric Industries's Cyclically Adjusted PS Ratio for today is 1.91.

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

CAS:AFI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.91   Med: 2.04   Max: 2.13
Current: 1.91

During the past 10 years, Afric Industries's highest Cyclically Adjusted PS Ratio was 2.13. The lowest was 1.91. And the median was 2.04.

CAS:AFI's Cyclically Adjusted PS Ratio is ranked worse than
60.86% of 1275 companies
in the Chemicals industry
Industry Median: 1.36 vs CAS:AFI: 1.91

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.

Afric Industries's adjusted revenue per share data of for the fiscal year that ended in Dec25 was MAD150.521. 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 MAD168.97 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Afric Industries  (CAS:AFI) 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.


Afric Industries Cyclically Adjusted PS Ratio Related Terms


Afric Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Afric Industries'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.

Afric Industries Cyclically Adjusted PS Ratio Chart

Afric Industries 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 0.00 0.00 0.00 0.00 1.99

Afric Industries 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 0.00 0.00 0.00 0.00 1.99

CAS:AFI vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Afric Industries'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.


Afric Industries Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


CAS:AFI
69GF Score
Afric Industries SA CAS:AFI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afric Industries 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.

Afric Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=323.00/168.97
=1.91

* 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.

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

For example, Afric Industries'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)
=150.521/324.0540*324.0540
=150.521

Current CPI (Dec25) = 324.0540.

Afric Industries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.000 241.432 0.000
201712 144.986 246.524 190.583
201812 134.120 251.233 172.995
201912 147.507 256.974 186.012
202012 142.818 260.474 177.679
202112 160.408 278.802 186.444
202212 136.497 296.797 149.032
202312 147.572 306.746 155.899
202412 147.637 315.605 151.589
202512 150.521 324.054 150.521

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 1.91 mean?
Afric Industries (CAS:AFI) has a Cyclically Adjusted PS Ratio of 1.91 as of Jul. 05, 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 Afric Industries and its competitors. This is near median its historical median of 2.04. Over the past decade, Afric Industries' Cyclically Adjusted PS Ratio has ranged from 1.91 to 2.13. According to the industry distribution chart, Afric Industries ranks #776 out of 1275 companies in the Chemicals industry, placing it in the top 60.9%.
Is Afric Industries' Cyclically Adjusted PS Ratio too high?
Afric Industries' current Cyclically Adjusted PS Ratio of 1.91 is near median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 2.13. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.36. Afric Industries' value of 1.91 is 40.4% above this industry median. Based on the distribution chart, Afric Industries ranks #776 out of 1275 companies in the Chemicals industry, which is below the industry midpoint. Overall, Afric Industries has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afric Industries' Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Afric Industries ranks #776 out of 1275 companies for Cyclically Adjusted PS Ratio. This places Afric Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.36. Afric Industries' value of 1.91 is 40.4% above this benchmark. Historically, Afric Industries' own Cyclically Adjusted PS Ratio has ranged from 1.91 to 2.13 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 1.36, Afric Industries 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.36, based on 1,275 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. Afric Industries's current Cyclically Adjusted PS Ratio of 1.91 is 40.4% 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 Afric Industries and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afric Industries's current Cyclically Adjusted PS Ratio is 1.91, which is near median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afric Industries stock overvalued right now?
Based on GuruFocus' analysis, Afric Industries (CAS:AFI) is currently considered Fairly Valued. The stock's GF Value™ is MAD339.12, compared to a current price of MAD323.00 — trading 4.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.91, which is near median its 10-year median of 2.04 and 40.4% above the Chemicals industry median of 1.36. Afric Industries' overall GF Score™ is 69/100 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 Afric Industries (CAS:AFI), the current Cyclically Adjusted PS Ratio is 1.91 as of Jul. 05, 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 Afric Industries (CAS:AFI) Overvalued in 2026?

Based on GuruFocus' analysis, Afric Industries stock appears to be undervalued. The current stock price of MAD323.00 is trading 4.8% below its estimated GF Value™ of MAD339.12. GuruFocus considers Afric Industries to be Fairly Valued.

Key valuation signals for CAS:AFI:

  • Cyclically Adjusted PS Ratio: 1.91 (near median its 10-year median of 2.04)
  • GF Value™: MAD339.12 vs. price of MAD323.00 (4.8% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 40.4% above the Chemicals median (#776 of 1275)

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


Afric Industries Business Description

Address Lot 107, Street 3, Tetouan Road, Industrial Area of Mghogha, Tangier, MAR, 90000
Afric Industries SA is engaged in the development, production, and marketing of abrasive products of all shapes and sizes. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.
69GF Score

Get the complete analysis for CAS:AFI

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

MAD323.00
Price
MAD339.12
GF Value