Evolution AB (CHIX:EVOS) Cyclically Adjusted PS Ratio: 11.21 (As of Jul. 07, 2026) — 43% Below Median


CHIX:EVOS Evolution AB CHIX:EVOS
94 GF Score
Price kr661.80
GF Value kr1,059.12
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Evolution AB Cyclically Adjusted PS Ratio?

Evolution AB CHIX:EVOS -0.75% 94 Cyclically Adjusted PS Ratio is 11.21 as of Jul. 07, 2026, which is 43% below its 10-year median of 19.55. GuruFocus rates CHIX:EVOS with a GF Score™ of 94/100 and a GF Value™ of kr1,059.12 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 672 Travel & Leisure companies, Evolution AB ranks worse than 94.35% on this metric.

As of today (2026-07-07), Evolution AB's current share price is kr661.80. Evolution AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr59.05. Evolution AB's Cyclically Adjusted PS Ratio for today is 11.21.

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

CHIX:EVOs' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.17   Med: 19.55   Max: 44.93
Current: 11.08

During the past years, Evolution AB's highest Cyclically Adjusted PS Ratio was 44.93. The lowest was 9.17. And the median was 19.55.

CHIX:EVOs's Cyclically Adjusted PS Ratio is ranked worse than
94.35% of 672 companies
in the Travel & Leisure industry
Industry Median: 1.3 vs CHIX:EVOs: 11.08

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.

Evolution AB's adjusted revenue per share data for the three months ended in Mar. 2026 was kr27.738. 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 kr59.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolution AB  (CHIX:EVOs) 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.


Evolution AB Cyclically Adjusted PS Ratio Related Terms


Evolution AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Evolution 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.

Evolution AB Cyclically Adjusted PS Ratio Chart

Evolution 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 0.00 0.00 34.93 18.52 11.03

Evolution AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.33 14.54 14.26 11.03 9.79

CHIX:EVOS vs FLUT, DKNG, SGHC: Cyclically Adjusted PS Ratio Comparison

For the Gambling subindustry, Evolution 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.


Evolution AB Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:EVOS
94GF Score
Evolution AB CHIX:EVOS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evolution 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.

Evolution AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=661.80/59.05
=11.21

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=27.738/133.5600*133.5600
=27.738

Current CPI (Mar. 2026) = 133.5600.

Evolution AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.408 101.019 1.862
201609 1.546 101.138 2.042
201612 1.827 102.022 2.392
201703 2.104 102.022 2.754
201706 2.270 102.752 2.951
201709 2.401 103.279 3.105
201712 2.773 103.793 3.568
201803 2.885 103.962 3.706
201806 3.353 104.875 4.270
201809 3.656 105.679 4.621
201812 3.930 105.912 4.956
201903 4.540 105.886 5.727
201906 4.970 106.742 6.219
201909 5.523 107.214 6.880
201912 6.058 107.766 7.508
202003 6.830 106.563 8.560
202006 7.192 107.498 8.936
202009 7.808 107.635 9.689
202012 9.157 108.296 11.293
202103 10.933 108.360 13.476
202106 11.679 108.928 14.320
202109 12.588 110.338 15.237
202112 13.855 112.486 16.451
202203 15.742 114.825 18.310
202206 16.804 118.384 18.958
202209 18.832 122.296 20.566
202212 20.635 126.365 21.810
202303 21.939 127.042 23.065
202306 23.692 129.407 24.452
202309 24.777 130.224 25.412
202312 24.694 131.912 25.003
202403 26.398 132.205 26.668
202406 27.194 132.716 27.367
202409 28.170 132.304 28.437
202412 34.818 132.987 34.968
202503 27.755 132.825 27.909
202506 28.311 133.699 28.282
202509 27.554 133.480 27.571
202512 30.822 133.390 30.861
202603 27.738 133.560 27.738

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 11.21 mean?
Evolution AB (CHIX:EVOS) has a Cyclically Adjusted PS Ratio of 11.21 as of Jul. 07, 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 Evolution AB and its competitors. This is 43% below median its historical median of 19.55. Over the past decade, Evolution AB's Cyclically Adjusted PS Ratio has ranged from 9.17 to 44.93. According to the industry distribution chart, Evolution AB ranks #634 out of 672 companies in the Travel & Leisure industry, placing it in the top 94.3%.
Is Evolution AB's Cyclically Adjusted PS Ratio too high?
Evolution AB's current Cyclically Adjusted PS Ratio of 11.21 is 43% below median its 10-year median of 19.55. Over the past 10 years, this metric has ranged from a low of 9.17 to a high of 44.93. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.30. Evolution AB's value of 11.21 is 762.3% above this industry median. Based on the distribution chart, Evolution AB ranks #634 out of 672 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Evolution AB has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's Cyclically Adjusted PS Ratio compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Evolution AB ranks #634 out of 672 companies for Cyclically Adjusted PS Ratio. This places Evolution AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. Evolution AB's value of 11.21 is 762.3% above this benchmark. Historically, Evolution AB's own Cyclically Adjusted PS Ratio has ranged from 9.17 to 44.93 over the past decade. While the company's 10-year median is 19.55 vs. the industry median of 1.30, Evolution AB 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.30, based on 672 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. Evolution AB's current Cyclically Adjusted PS Ratio of 11.21 is 762.3% 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 Evolution AB and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution AB's current Cyclically Adjusted PS Ratio is 11.21, which is 43% below median its own 10-year median of 19.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Based on GuruFocus' analysis, Evolution AB (CHIX:EVOS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr1,059.12, compared to a current price of kr661.80 — trading 37.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.21, which is 43% below median its 10-year median of 19.55 and 762.3% above the Travel & Leisure industry median of 1.30. Evolution AB's overall GF Score™ is 94/100 with 1 warning sign 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 Evolution AB (CHIX:EVOS), the current Cyclically Adjusted PS Ratio is 11.21 as of Jul. 07, 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 Evolution AB (CHIX:EVOS) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued. The current stock price of kr661.80 is trading 37.5% below its estimated GF Value™ of kr1,059.12. GuruFocus considers Evolution AB to be Significantly Undervalued.

Key valuation signals for CHIX:EVOS:

  • Cyclically Adjusted PS Ratio: 11.21 (43% below median its 10-year median of 19.55)
  • GF Value™: kr1,059.12 vs. price of kr661.80 (37.5% below fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 762.3% above the Travel & Leisure median (#634 of 672)

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


Evolution AB Business Description

Address Hamngatan 11, Stockholm, SWE, 111 47
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
94GF Score

Get the complete analysis for CHIX:EVOS

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

kr661.80
Price
kr1,059.12
GF Value