Elekta AB (CHIX:EKTABS) Cyclically Adjusted PS Ratio: (As of Aug. 27, 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.

CHIX:EKTABS Elekta AB CHIX:EKTABS
61 GF Score
Price kr53.25
GF Value kr61.45
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Elekta AB Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Elekta AB  (CHIX:EKTABs) 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.


Elekta AB Cyclically Adjusted PS Ratio Related Terms


Elekta AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Elekta AB'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.

Elekta AB Cyclically Adjusted PS Ratio Chart

Elekta AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 2.15 1.85 1.12 1.20

Elekta AB Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 1.09 1.09 1.28 1.20 0.00

CHIX:EKTABS vs ABT, SYK, MDT: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Elekta AB'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.


Elekta AB Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elekta AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:EKTABS
61GF Score
Elekta AB CHIX:EKTABS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elekta AB 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.

Elekta AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Elekta AB's adjusted Revenue per Share data for the three months ended in Jul. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=9.253/134.6100*134.6100
=9.253

Current CPI (Jul. 2026) = 134.6100.

Elekta AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 6.196 101.485 8.218
201701 7.010 101.326 9.313
201704 9.741 102.615 12.778
201707 6.555 103.301 8.542
201710 7.614 103.202 9.931
201801 7.228 102.925 9.453
201804 8.873 104.390 11.442
201807 7.379 105.420 9.422
201810 8.763 105.545 11.176
201901 8.691 104.855 11.157
201904 10.698 106.627 13.506
201907 8.450 107.166 10.614
201910 9.709 107.243 12.187
202001 9.571 106.215 12.130
202004 10.490 106.240 13.291
202007 7.802 107.731 9.749
202010 9.251 107.539 11.580
202101 9.374 107.897 11.695
202104 9.591 108.624 11.885
202107 7.877 109.218 9.708
202110 9.678 110.562 11.783
202201 9.429 111.876 11.345
202204 11.087 115.534 12.918
202207 8.709 118.489 9.894
202210 10.683 122.561 11.733
202301 11.353 124.942 12.232
202304 13.386 127.632 14.118
202307 9.995 129.464 10.392
202310 12.380 130.549 12.765
202401 11.877 131.720 12.138
202404 13.072 132.601 13.270
202407 10.013 132.831 10.147
202410 11.262 132.604 11.432
202501 12.291 132.943 12.445
202504 13.491 132.981 13.656
202507 9.540 133.957 9.586
202510 10.617 133.830 10.679
202601 11.097 133.560 11.184
202604 12.482 132.790 12.653
202607 9.253 134.610 9.253

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 Elekta AB (CHIX:EKTABS) Overvalued in 2026?

Based on GuruFocus' analysis, Elekta AB stock appears to be undervalued. The current stock price of kr53.25 is trading 13.3% below its estimated GF Value™ of kr61.45. GuruFocus considers Elekta AB to be Modestly Undervalued.

Key valuation signals for CHIX:EKTABS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr61.45 vs. price of kr53.25 (13.3% below fair value)
  • GF Score™: 61/100 with 8 warning signs

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


Elekta AB Business Description

Address Hagaplan 4, Box 7593, Stockholm, SWE, 11368
Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company has an installed base of more than 7,300 linear accelerators, Gamma Knife and Unity platforms, as well as brachytherapy installations. The company's sales are evenly distributed across geographies, with North and South America accounting for 29%; Europe, the Middle East, and Africa accounting for 37%; and the Asia-Pacific contributing the remainder.
61GF Score

Get the complete analysis for CHIX:EKTABS

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

kr53.25
Price
kr61.45
GF Value