Emmi AG (CHIX:EMMNZ) Cyclically Adjusted PS Ratio: 1.19 (As of Jul. 20, 2026) — Near Median

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CHIX:EMMNZ Emmi AG CHIX:EMMNZ
83 GF Score
Price CHF891.00
GF Value CHF962.36
Valuation Fairly Valued
! 4 Warning Signs
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What is Emmi AG Cyclically Adjusted PS Ratio?

Emmi AG CHIX:EMMNZ -0.50% 83 Cyclically Adjusted PS Ratio is 1.19 as of Jul. 20, 2026, which is 9% below its 10-year median of 1.31. GuruFocus rates CHIX:EMMNZ with a GF Score™ of 83/100 and a GF Value™ of CHF962.36 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,448 Consumer Packaged Goods companies, Emmi AG ranks worse than 63.19% on this metric.

As of today (2026-07-20), Emmi AG's current share price is CHF891.00. Emmi AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was CHF750.82. Emmi AG's Cyclically Adjusted PS Ratio for today is 1.19.

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

CHIX:EMMNz' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.31   Max: 1.79
Current: 1.18

During the past 13 years, Emmi AG's highest Cyclically Adjusted PS Ratio was 1.79. The lowest was 0.93. And the median was 1.31.

CHIX:EMMNz's Cyclically Adjusted PS Ratio is ranked worse than
63.19% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs CHIX:EMMNz: 1.18

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.

Emmi AG's adjusted revenue per share data of for the fiscal year that ended in Dec25 was CHF887.045. 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 CHF750.82 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emmi AG  (CHIX:EMMNz) 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.


Emmi AG Cyclically Adjusted PS Ratio Related Terms


Emmi AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Emmi AG'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.

Emmi AG Cyclically Adjusted PS Ratio Chart

Emmi AG 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 1.67 1.14 1.28 1.01 0.98

Emmi AG 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 1.28 0.00 1.01 0.00 0.98

CHIX:EMMNZ vs KHC, GIS, HRL: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Emmi AG'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.


Emmi AG Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emmi AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:EMMNZ
83GF Score
Emmi AG CHIX:EMMNZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emmi AG 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.

Emmi AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=891.00/750.82
=1.19

* 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.

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

For example, Emmi AG'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)
=887.045/107.2000*107.2000
=887.045

Current CPI (Dec25) = 107.2000.

Emmi AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 609.126 99.380 657.060
201712 628.834 100.213 672.677
201812 646.245 100.906 686.554
201912 653.077 101.063 692.733
202012 692.722 100.241 740.815
202112 731.189 101.776 770.160
202212 790.656 104.666 809.797
202312 792.973 106.461 798.476
202412 812.862 107.128 813.408
202512 887.045 107.200 887.045

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 1.19 mean?
Emmi AG (CHIX:EMMNZ) has a Cyclically Adjusted PS Ratio of 1.19 as of Jul. 20, 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 Emmi AG and its competitors. This is near median its historical median of 1.31. Over the past decade, Emmi AG's Cyclically Adjusted PS Ratio has ranged from 0.93 to 1.79. According to the industry distribution chart, Emmi AG ranks #915 out of 1448 companies in the Consumer Packaged Goods industry, placing it in the top 63.2%.
Is Emmi AG's Cyclically Adjusted PS Ratio too high?
Emmi AG's current Cyclically Adjusted PS Ratio of 1.19 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.79. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Emmi AG's value of 1.19 is 54.5% above this industry median. Based on the distribution chart, Emmi AG ranks #915 out of 1448 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Emmi AG has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emmi AG's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Emmi AG ranks #915 out of 1448 companies for Cyclically Adjusted PS Ratio. This places Emmi AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Emmi AG's value of 1.19 is 54.5% above this benchmark. Historically, Emmi AG's own Cyclically Adjusted PS Ratio has ranged from 0.93 to 1.79 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 0.77, Emmi AG 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,448 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. Emmi AG's current Cyclically Adjusted PS Ratio of 1.19 is 54.5% 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 Emmi AG and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emmi AG's current Cyclically Adjusted PS Ratio is 1.19, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmi AG stock overvalued right now?
Based on GuruFocus' analysis, Emmi AG (CHIX:EMMNZ) is currently considered Fairly Valued. The stock's GF Value™ is CHF962.36, compared to a current price of CHF891.00 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.19, which is near median its 10-year median of 1.31 and 54.5% above the Consumer Packaged Goods industry median of 0.77. Emmi AG's overall GF Score™ is 83/100 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 Emmi AG (CHIX:EMMNZ), the current Cyclically Adjusted PS Ratio is 1.19 as of Jul. 20, 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 Emmi AG (CHIX:EMMNZ) Overvalued in 2026?

Based on GuruFocus' analysis, Emmi AG stock appears to be undervalued. The current stock price of CHF891.00 is trading 7.4% below its estimated GF Value™ of CHF962.36. GuruFocus considers Emmi AG to be Fairly Valued.

Key valuation signals for CHIX:EMMNZ:

  • Cyclically Adjusted PS Ratio: 1.19 (near median its 10-year median of 1.31)
  • GF Value™: CHF962.36 vs. price of CHF891.00 (7.4% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 54.5% above the Consumer Packaged Goods median (#915 of 1448)

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


Emmi AG Business Description

Address Landenbergstrasse 1, Lucerne, CHE, CH-6005
Emmi AG is a Swiss dairy products manufacturer. The company generates revenue in Switzerland, the Americas, other European countries, and the rest of the world. By product category, dairy products, cheese, and fresh products are the main segments. The company also offers powder/concentrates among other products/services.
83GF Score

Get the complete analysis for CHIX:EMMNZ

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

CHF891.00
Price
CHF962.36
GF Value