Kesla Oyj (CHIX:KELASH) Cyclically Adjusted PS Ratio: 0.15 (As of Jul. 13, 2026) — 42% Below Median


CHIX:KELASH Kesla Oyj CHIX:KELASH
50 GF Score
Price €4.18
GF Value €2.79
! 3 Warning Signs
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What is Kesla Oyj Cyclically Adjusted PS Ratio?

Kesla Oyj CHIX:KELASH 50 Cyclically Adjusted PS Ratio is 0.15 as of Jul. 13, 2026, which is 42% below its 10-year median of 0.26. GuruFocus rates CHIX:KELASH with a GF Score™ of 50/100 and a GF Value™ of €2.79. The stock has 3 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Kesla Oyj ranks better than 86.39% on this metric.

As of today (2026-07-13), Kesla Oyj's current share price is €4.18. Kesla Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €27.62. Kesla Oyj's Cyclically Adjusted PS Ratio for today is 0.15.

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

CHIX:KELASh' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.26   Max: 0.4
Current: 0.29

During the past years, Kesla Oyj's highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.15. And the median was 0.26.

CHIX:KELASh's Cyclically Adjusted PS Ratio is ranked better than
86.39% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.04 vs CHIX:KELASh: 0.29

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.

Kesla Oyj's adjusted revenue per share data for the three months ended in Dec. 2025 was €2.321. 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 €27.62 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kesla Oyj  (CHIX:KELASh) 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.


Kesla Oyj Cyclically Adjusted PS Ratio Related Terms


Kesla Oyj Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kesla Oyj'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.

Kesla Oyj Cyclically Adjusted PS Ratio Chart

Kesla Oyj 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 0.26 0.20 0.15

Kesla Oyj Quarterly 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 0.26 0.26 0.20 0.21 0.15

CHIX:KELASH vs CAT, DE, PCAR: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Kesla Oyj'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.


Kesla Oyj Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kesla Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:KELASH
50GF Score
Kesla Oyj CHIX:KELASH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Kesla Oyj 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.

Kesla Oyj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.18/27.62
=0.15

* 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.

Kesla Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Kesla Oyj's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=2.321/122.6700*122.6700
=2.321

Current CPI (Dec. 2025) = 122.6700.

Kesla Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201003 2.081 91.617 2.786
201006 2.498 91.892 3.335
201009 2.213 92.232 2.943
201012 3.226 93.216 4.245
201103 3.230 94.641 4.187
201106 3.488 95.146 4.497
201109 2.924 95.643 3.750
201112 3.427 95.918 4.383
201203 3.137 97.426 3.950
201206 2.832 97.840 3.551
201209 2.414 98.226 3.015
201212 2.819 98.180 3.522
201303 3.194 99.126 3.953
201306 3.824 99.228 4.727
201309 2.639 99.402 3.257
201312 4.243 99.761 5.217
201406 3.445 100.147 4.220
201412 0.000 100.229 0.000
201506 2.766 100.030 3.392
201512 0.000 99.990 0.000
201606 0.000 100.390 0.000
201612 0.000 101.020 0.000
201706 0.000 101.140 0.000
201712 0.000 101.510 0.000
201806 0.000 102.320 0.000
201812 0.000 102.710 0.000
201906 3.539 103.360 4.200
201912 0.000 103.650 0.000
202006 2.885 103.320 3.425
202012 0.000 103.890 0.000
202106 3.560 105.360 4.145
202112 0.000 107.490 0.000
202206 3.458 113.570 3.735
202212 0.000 117.320 0.000
202306 4.433 120.690 4.506
202312 3.909 121.540 3.945
202406 3.746 122.230 3.759
202412 4.104 122.390 4.113
202506 3.287 122.530 3.291
202512 2.321 122.670 2.321

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 0.15 mean?
Kesla Oyj (CHIX:KELASH) has a Cyclically Adjusted PS Ratio of 0.15 as of Jul. 13, 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 Kesla Oyj and its competitors. This is 42% below median its historical median of 0.26. Over the past decade, Kesla Oyj's Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.40. According to the industry distribution chart, Kesla Oyj ranks #23 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 13.6%.
Is Kesla Oyj's Cyclically Adjusted PS Ratio too high?
Kesla Oyj's current Cyclically Adjusted PS Ratio of 0.15 is 42% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.40. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.04. Kesla Oyj's value of 0.15 is 85.6% below this industry median. Based on the distribution chart, Kesla Oyj ranks #23 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Kesla Oyj has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Kesla Oyj's Cyclically Adjusted PS Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Kesla Oyj ranks #23 out of 169 companies for Cyclically Adjusted PS Ratio. This places Kesla Oyj in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.04. Kesla Oyj's value of 0.15 is 85.6% below this benchmark. Historically, Kesla Oyj's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 0.40 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.04, Kesla Oyj has consistently been below 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.04, based on 169 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. Kesla Oyj's current Cyclically Adjusted PS Ratio of 0.15 is 85.6% below 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 Kesla Oyj and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kesla Oyj's current Cyclically Adjusted PS Ratio is 0.15, which is 42% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kesla Oyj stock overvalued right now?
Kesla Oyj (CHIX:KELASH) has a current Cyclically Adjusted PS Ratio of 0.15. The stock's GF Value™ is €2.79, compared to a current price of €4.18 — trading 49.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.15, which is 42% below median its 10-year median of 0.26 and 85.6% below the Farm & Heavy Construction Machinery industry median of 1.04. Kesla Oyj's overall GF Score™ is 50/100 with 3 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 Kesla Oyj (CHIX:KELASH), the current Cyclically Adjusted PS Ratio is 0.15 as of Jul. 13, 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 Kesla Oyj (CHIX:KELASH) Overvalued in 2026?

Based on GuruFocus' analysis, Kesla Oyj stock appears to be overvalued. The current stock price of €4.18 is trading 49.8% above its estimated GF Value™ of €2.79.

Key valuation signals for CHIX:KELASH:

  • Cyclically Adjusted PS Ratio: 0.15 (42% below median its 10-year median of 0.26)
  • GF Value™: €2.79 vs. price of €4.18 (49.8% above fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 85.6% below the Farm & Heavy Construction Machinery median (#23 of 169)

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


Kesla Oyj Business Description

Other Exchanges 0EYY:UKKELAS:Finland
Address Kuurnankatu 24, Joensuu, FIN, 80100
Kesla Oyj is engaged in designing, marketing, and manufacturing forest technology. The product portfolio includes harvester cranes, forwarder cranes, and industrial cranes.
50GF Score

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

€4.18
Price
€2.79
GF Value