Ependion AB (CHIX:EPENS) 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.
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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:EPENS Ependion AB CHIX:EPENS
80 GF Score
Price kr104.50
GF Value kr75.92
! 8 Warning Signs
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What is Ependion AB Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ependion AB  (CHIX:EPENs) 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.


Ependion AB Cyclically Adjusted PS Ratio Related Terms


Ependion AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ependion 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.

Ependion AB Cyclically Adjusted PS Ratio Chart

Ependion AB 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 0.66 0.60 1.36 1.50 1.52

Ependion AB 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 1.46 1.47 1.47 1.47 1.45

CHIX:EPENS vs CSCO, MSI, LITE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Ependion 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.


Ependion AB Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Ependion AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:EPENS
80GF Score
Ependion AB CHIX:EPENS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ependion 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=21.02/134.6100*134.6100
=21.020

Current CPI (Jun. 2026) = 134.6100.

Ependion AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 12.384 101.138 16.483
201612 13.090 102.022 17.271
201703 13.257 102.022 17.492
201706 13.886 102.752 18.191
201709 10.108 103.279 13.174
201712 11.278 103.793 14.627
201803 11.776 103.962 15.248
201806 12.615 104.875 16.192
201809 11.833 105.679 15.072
201812 13.328 105.912 16.939
201903 12.967 105.886 16.485
201906 13.327 106.742 16.806
201909 13.684 107.214 17.181
201912 14.519 107.766 18.136
202003 13.820 106.563 17.457
202006 12.499 107.498 15.651
202009 11.693 107.635 14.623
202012 12.234 108.296 15.207
202103 12.257 108.360 15.226
202106 13.549 108.928 16.744
202109 14.312 110.338 17.460
202112 16.212 112.486 19.401
202203 15.290 114.825 17.925
202206 18.488 118.384 21.022
202209 19.655 122.296 21.634
202212 20.410 126.365 21.742
202303 21.610 127.042 22.897
202306 22.059 129.407 22.946
202309 21.400 130.224 22.121
202312 20.377 131.912 20.794
202403 20.681 132.205 21.057
202406 20.253 132.716 20.542
202409 16.972 132.304 17.268
202412 19.904 132.987 20.147
202503 18.560 132.825 18.809
202506 17.441 133.699 17.560
202509 16.802 133.480 16.944
202512 17.995 133.380 18.161
202603 18.425 133.550 18.571
202606 21.020 134.610 21.020

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 Ependion AB (CHIX:EPENS) Overvalued in 2026?

Based on GuruFocus' analysis, Ependion AB stock appears to be overvalued. The current stock price of kr104.50 is trading 37.6% above its estimated GF Value™ of kr75.92.

Key valuation signals for CHIX:EPENS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr75.92 vs. price of kr104.50 (37.6% above fair value)
  • GF Score™: 80/100 with 8 warning signs

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


Ependion AB Business Description

Address Stora Varvsgatan 13A, Box 426, Malmo, SWE, SE-201 24
Ependion AB is technology group delivering digital solutions for secure control, visualization and data communication for industrial applications in environments where reliability and high quality are critical factors. The operating segments are divided between the Beijer Electronics and Westermo business entities. Beijer; and Westermo. It generates majority of revenue from Westermo which develops robust and secure communication solutions for harsh environments, with its focus on rail networks, with the business entity being the world'wide market leader in its niche for trackside and for the energy sector. The company has presence in Nordics, Rest of Europe, North America, Asia, and Rest of world.
80GF Score

Get the complete analysis for CHIX:EPENS

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

kr104.50
Price
kr75.92
GF Value