Infrastrutture Wireless Italiane SpA (CHIX:INWM) Cyclically Adjusted PS Ratio: 6.92 (As of Jul. 12, 2026) — 29% Below Median


CHIX:INWM Infrastrutture Wireless Italiane SpA CHIX:INWM
78 GF Score
Price €6.43
GF Value €10.96
Valuation Possible Value Trap
! 6 Warning Signs
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What is Infrastrutture Wireless Italiane SpA Cyclically Adjusted PS Ratio?

Infrastrutture Wireless Italiane SpA CHIX:INWM 78 Cyclically Adjusted PS Ratio is 6.92 as of Jul. 12, 2026, which is 29% below its 10-year median of 9.75. GuruFocus rates CHIX:INWM with a GF Score™ of 78/100 and a GF Value™ of €10.96 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,360 Real Estate companies, Infrastrutture Wireless Italiane SpA ranks worse than 83.38% on this metric.

As of today (2026-07-12), Infrastrutture Wireless Italiane SpA's current share price is €6.4325. Infrastrutture Wireless Italiane SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.93. Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PS Ratio for today is 6.92.

The historical rank and industry rank for Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PS Ratio or its related term are showing as below:

CHIX:INWm' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.74   Med: 9.75   Max: 12.19
Current: 6.84

During the past years, Infrastrutture Wireless Italiane SpA's highest Cyclically Adjusted PS Ratio was 12.19. The lowest was 6.74. And the median was 9.75.

CHIX:INWm's Cyclically Adjusted PS Ratio is ranked worse than
83.38% of 1360 companies
in the Real Estate industry
Industry Median: 1.845 vs CHIX:INWm: 6.84

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.

Infrastrutture Wireless Italiane SpA's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.293. 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 €0.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infrastrutture Wireless Italiane SpA  (CHIX:INWm) 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.


Infrastrutture Wireless Italiane SpA Cyclically Adjusted PS Ratio Related Terms


Infrastrutture Wireless Italiane SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Infrastrutture Wireless Italiane SpA'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.

Infrastrutture Wireless Italiane SpA Cyclically Adjusted PS Ratio Chart

Infrastrutture Wireless Italiane SpA 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 8.63

Infrastrutture Wireless Italiane SpA 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 11.14 11.69 11.07 8.63 7.28

CHIX:INWM vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Infrastrutture Wireless Italiane SpA'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.


Infrastrutture Wireless Italiane SpA Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PS Ratio falls into.


CHIX:INWM
78GF Score
Infrastrutture Wireless Italiane SpA CHIX:INWM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Infrastrutture Wireless Italiane SpA 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.

Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.4325/0.93
=6.92

* 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.

Infrastrutture Wireless Italiane SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Infrastrutture Wireless Italiane SpA'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)
=0.293/124.5600*124.5600
=0.293

Current CPI (Mar. 2026) = 124.5600.

Infrastrutture Wireless Italiane SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.139 99.900 0.173
201609 0.140 100.100 0.174
201612 0.141 100.300 0.175
201703 0.144 101.000 0.178
201706 0.146 101.100 0.180
201709 0.147 101.200 0.181
201712 0.158 101.200 0.194
201803 0.160 101.800 0.196
201806 0.155 102.400 0.189
201809 0.158 102.600 0.192
201812 0.158 102.300 0.192
201903 0.158 102.800 0.191
201906 0.168 103.100 0.203
201909 0.161 102.900 0.195
201912 0.172 102.800 0.208
202003 0.172 102.900 0.208
202006 0.191 102.900 0.231
202009 0.194 102.300 0.236
202012 0.198 102.600 0.240
202103 0.197 103.700 0.237
202106 0.202 104.200 0.241
202109 0.206 104.900 0.245
202112 0.170 106.600 0.199
202203 0.216 110.400 0.244
202206 0.219 112.500 0.242
202209 0.224 114.200 0.244
202212 0.230 119.000 0.241
202303 0.242 118.800 0.254
202306 0.251 119.700 0.261
202309 0.254 120.300 0.263
202312 0.259 119.700 0.270
202403 0.270 120.200 0.280
202406 0.273 120.700 0.282
202409 0.279 121.200 0.287
202412 0.388 121.200 0.399
202503 0.286 122.500 0.291
202506 0.291 122.700 0.295
202509 0.300 123.100 0.304
202512 0.300 122.600 0.305
202603 0.293 124.560 0.293

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 6.92 mean?
Infrastrutture Wireless Italiane SpA (CHIX:INWM) has a Cyclically Adjusted PS Ratio of 6.92 as of Jul. 12, 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 Infrastrutture Wireless Italiane SpA and its competitors. This is 29% below median its historical median of 9.75. Over the past decade, Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PS Ratio has ranged from 6.74 to 12.19. According to the industry distribution chart, Infrastrutture Wireless Italiane SpA ranks #1134 out of 1360 companies in the Real Estate industry, placing it in the top 83.4%.
Is Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PS Ratio too high?
Infrastrutture Wireless Italiane SpA's current Cyclically Adjusted PS Ratio of 6.92 is 29% below median its 10-year median of 9.75. Over the past 10 years, this metric has ranged from a low of 6.74 to a high of 12.19. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.85. Infrastrutture Wireless Italiane SpA's value of 6.92 is 275.1% above this industry median. Based on the distribution chart, Infrastrutture Wireless Italiane SpA ranks #1134 out of 1360 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Infrastrutture Wireless Italiane SpA has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Infrastrutture Wireless Italiane SpA's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Infrastrutture Wireless Italiane SpA ranks #1134 out of 1360 companies for Cyclically Adjusted PS Ratio. This places Infrastrutture Wireless Italiane SpA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. Infrastrutture Wireless Italiane SpA's value of 6.92 is 275.1% above this benchmark. Historically, Infrastrutture Wireless Italiane SpA's own Cyclically Adjusted PS Ratio has ranged from 6.74 to 12.19 over the past decade. While the company's 10-year median is 9.75 vs. the industry median of 1.85, Infrastrutture Wireless Italiane SpA 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.85, based on 1,360 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. Infrastrutture Wireless Italiane SpA's current Cyclically Adjusted PS Ratio of 6.92 is 275.1% 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 Infrastrutture Wireless Italiane SpA and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infrastrutture Wireless Italiane SpA's current Cyclically Adjusted PS Ratio is 6.92, which is 29% below median its own 10-year median of 9.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infrastrutture Wireless Italiane SpA stock overvalued right now?
Based on GuruFocus' analysis, Infrastrutture Wireless Italiane SpA (CHIX:INWM) is currently considered Possible Value Trap. The stock's GF Value™ is €10.96, compared to a current price of €6.43 — trading 41.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.92, which is 29% below median its 10-year median of 9.75 and 275.1% above the Real Estate industry median of 1.85. Infrastrutture Wireless Italiane SpA's overall GF Score™ is 78/100 with 6 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 Infrastrutture Wireless Italiane SpA (CHIX:INWM), the current Cyclically Adjusted PS Ratio is 6.92 as of Jul. 12, 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 Infrastrutture Wireless Italiane SpA (CHIX:INWM) Overvalued in 2026?

Based on GuruFocus' analysis, Infrastrutture Wireless Italiane SpA stock appears to be undervalued. The current stock price of €6.43 is trading 41.3% below its estimated GF Value™ of €10.96. GuruFocus considers Infrastrutture Wireless Italiane SpA to be Possible Value Trap.

Key valuation signals for CHIX:INWM:

  • Cyclically Adjusted PS Ratio: 6.92 (29% below median its 10-year median of 9.75)
  • GF Value™: €10.96 vs. price of €6.43 (41.3% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 275.1% above the Real Estate median (#1134 of 1360)

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


Infrastrutture Wireless Italiane SpA Business Description

Address Piazza Trento, 10, Rome, ITA, 00198
Inwit is an Italian wireless tower company born from the spinoff of Telecom Italia's tower assets in 2015. In 2020, Inwit merged its tower assets with those of Vodafone Italia, creating a tower leader in the Italian market with a high-quality portfolio derived from the networks created by Telecom Italia and Vodafone over the past two decades. Inwit owns 25,000 towers, having the highest tenancy ratio and EBITDA margin among the European tower firms. Cellnex is Inwit's main competitor in Italy, owning a similar number of towers.
78GF Score

Get the complete analysis for CHIX:INWM

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

€6.43
Price
€10.96
GF Value