Karnov Group AB (CHIX:KARS) Cyclically Adjusted PS Ratio: 4.26 (As of Jul. 12, 2026) — 24% Below Median


CHIX:KARS Karnov Group AB CHIX:KARS
75 GF Score
Price kr64.30
GF Value kr117.71
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Karnov Group AB Cyclically Adjusted PS Ratio?

Karnov Group AB CHIX:KARS 75 Cyclically Adjusted PS Ratio is 4.26 as of Jul. 12, 2026, which is 24% below its 10-year median of 5.58. GuruFocus rates CHIX:KARS with a GF Score™ of 75/100 and a GF Value™ of kr117.71 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 718 Business Services companies, Karnov Group AB ranks worse than 90.39% on this metric.

As of today (2026-07-12), Karnov Group AB's current share price is kr64.30. Karnov Group AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was kr15.09. Karnov Group AB's Cyclically Adjusted PS Ratio for today is 4.26.

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

CHIX:KARs' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.09   Med: 5.58   Max: 7.89
Current: 5.09

During the past 10 years, Karnov Group AB's highest Cyclically Adjusted PS Ratio was 7.89. The lowest was 5.09. And the median was 5.58.

CHIX:KARs's Cyclically Adjusted PS Ratio is ranked worse than
90.39% of 718 companies
in the Business Services industry
Industry Median: 0.895 vs CHIX:KARs: 5.09

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.

Karnov Group AB's adjusted revenue per share data of for the fiscal year that ended in Dec25 was kr24.430. 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 kr15.09 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Karnov Group AB  (CHIX:KARs) 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.


Karnov Group AB Cyclically Adjusted PS Ratio Related Terms


Karnov Group AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Karnov Group 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.

Karnov Group AB Cyclically Adjusted PS Ratio Chart

Karnov Group 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 0.00 0.00 7.47

Karnov Group 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 0.00 0.00 0.00 7.47 0.00

CHIX:KARS vs CTAS, CPRT, ULS: Cyclically Adjusted PS Ratio Comparison

For the Specialty Business Services subindustry, Karnov Group 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.


Karnov Group AB Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Karnov Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:KARS
75GF Score
Karnov Group AB CHIX:KARS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karnov Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=64.30/15.09
=4.26

* 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.

Karnov Group AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Karnov Group AB'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)
=24.43/133.3900*133.3900
=24.430

Current CPI (Dec25) = 133.3900.

Karnov Group AB Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 4.320 102.022 5.648
201712 4.625 103.793 5.944
201812 7.324 105.912 9.224
201912 8.922 107.766 11.043
202012 7.864 108.296 9.686
202112 8.934 112.486 10.594
202212 10.300 126.365 10.873
202312 22.891 131.912 23.148
202412 23.984 132.987 24.057
202512 24.430 133.390 24.430

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 4.26 mean?
Karnov Group AB (CHIX:KARS) has a Cyclically Adjusted PS Ratio of 4.26 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 Karnov Group AB and its competitors. This is 24% below median its historical median of 5.58. Over the past decade, Karnov Group AB's Cyclically Adjusted PS Ratio has ranged from 5.09 to 7.89. According to the industry distribution chart, Karnov Group AB ranks #649 out of 718 companies in the Business Services industry, placing it in the top 90.4%.
Is Karnov Group AB's Cyclically Adjusted PS Ratio too high?
Karnov Group AB's current Cyclically Adjusted PS Ratio of 4.26 is 24% below median its 10-year median of 5.58. Over the past 10 years, this metric has ranged from a low of 5.09 to a high of 7.89. The Business Services industry median Cyclically Adjusted PS Ratio is 0.90. Karnov Group AB's value of 4.26 is 376% above this industry median. Based on the distribution chart, Karnov Group AB ranks #649 out of 718 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Karnov Group AB has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karnov Group AB's Cyclically Adjusted PS Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Karnov Group AB ranks #649 out of 718 companies for Cyclically Adjusted PS Ratio. This places Karnov Group AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. Karnov Group AB's value of 4.26 is 376% above this benchmark. Historically, Karnov Group AB's own Cyclically Adjusted PS Ratio has ranged from 5.09 to 7.89 over the past decade. While the company's 10-year median is 5.58 vs. the industry median of 0.90, Karnov Group 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.90, based on 718 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. Karnov Group AB's current Cyclically Adjusted PS Ratio of 4.26 is 376% 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 Karnov Group AB and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karnov Group AB's current Cyclically Adjusted PS Ratio is 4.26, which is 24% below median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnov Group AB stock overvalued right now?
Based on GuruFocus' analysis, Karnov Group AB (CHIX:KARS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr117.71, compared to a current price of kr64.30 — trading 45.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.26, which is 24% below median its 10-year median of 5.58 and 376% above the Business Services industry median of 0.90. Karnov Group AB's overall GF Score™ is 75/100 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 Karnov Group AB (CHIX:KARS), the current Cyclically Adjusted PS Ratio is 4.26 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 Karnov Group AB (CHIX:KARS) Overvalued in 2026?

Based on GuruFocus' analysis, Karnov Group AB stock appears to be undervalued. The current stock price of kr64.30 is trading 45.4% below its estimated GF Value™ of kr117.71. GuruFocus considers Karnov Group AB to be Significantly Undervalued.

Key valuation signals for CHIX:KARS:

  • Cyclically Adjusted PS Ratio: 4.26 (24% below median its 10-year median of 5.58)
  • GF Value™: kr117.71 vs. price of kr64.30 (45.4% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 376% above the Business Services median (#649 of 718)

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


Karnov Group AB Business Description

Address Flemminggatan 14, Stockholm, SWE, 112 26
Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov Group Denmark, Norstedts Juridik, Aranzadi LA LEY, Lamy Liaisons, Notisum, Echoline, BELLA Intelligence. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.
75GF Score

Get the complete analysis for CHIX:KARS

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

kr64.30
Price
kr117.71
GF Value