Manitou BF (CHIX:MTUP) Cyclically Adjusted PS Ratio: 0.34 (As of Jul. 20, 2026) — 35% Below Median

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CHIX:MTUP Manitou BF SA CHIX:MTUP
91 GF Score
Price €18.97
GF Value €19.66
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Manitou BF Cyclically Adjusted PS Ratio?

Manitou BF CHIX:MTUP 91 Cyclically Adjusted PS Ratio is 0.34 as of Jul. 20, 2026, which is 35% below its 10-year median of 0.52. GuruFocus rates CHIX:MTUP with a GF Score™ of 91/100 and a GF Value™ of €19.66 (Fairly Valued). The stock has 5 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Manitou BF ranks better than 82.25% on this metric.

As of today (2026-07-20), Manitou BF's current share price is €18.97. Manitou BF's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €56.06. Manitou BF's Cyclically Adjusted PS Ratio for today is 0.34.

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

CHIX:MTUp' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.52   Max: 1.16
Current: 0.33

During the past 13 years, Manitou BF's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.29. And the median was 0.52.

CHIX:MTUp's Cyclically Adjusted PS Ratio is ranked better than
82.25% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.04 vs CHIX:MTUp: 0.33

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.

Manitou BF's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €67.014. 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 €56.06 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manitou BF  (CHIX:MTUp) 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.


Manitou BF Cyclically Adjusted PS Ratio Related Terms


Manitou BF Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Manitou BF'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.

Manitou BF Cyclically Adjusted PS Ratio Chart

Manitou BF 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 0.65 0.53 0.44 0.30 0.33

Manitou BF Semi-Annual 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 0.44 0.00 0.30 0.00 0.33

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

For the Farm & Heavy Construction Machinery subindustry, Manitou BF'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.


Manitou BF Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

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

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


CHIX:MTUP
91GF Score
Manitou BF SA CHIX:MTUP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manitou BF 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.

Manitou BF's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.97/56.06
=0.34

* 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.

Manitou BF's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Manitou BF'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)
=67.014/120.9000*120.9000
=67.014

Current CPI (Dec25) = 120.9000.

Manitou BF Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 34.443 100.650 41.373
201712 41.661 101.850 49.453
201812 49.226 103.470 57.518
201912 54.710 104.980 63.007
202012 41.417 104.960 47.707
202112 48.984 107.850 54.911
202212 61.713 114.160 65.357
202312 75.032 118.390 76.623
202412 69.407 119.950 69.957
202512 67.014 120.900 67.014

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 0.34 mean?
Manitou BF (CHIX:MTUP) has a Cyclically Adjusted PS Ratio of 0.34 as of Jul. 20, 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 Manitou BF and its competitors. This is 35% below median its historical median of 0.52. Over the past decade, Manitou BF's Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.16. According to the industry distribution chart, Manitou BF ranks #30 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 17.8%.
Is Manitou BF's Cyclically Adjusted PS Ratio too high?
Manitou BF's current Cyclically Adjusted PS Ratio of 0.34 is 35% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.16. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.04. Manitou BF's value of 0.34 is 67.3% below this industry median. Based on the distribution chart, Manitou BF ranks #30 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Manitou BF has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manitou BF's Cyclically Adjusted PS Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Manitou BF ranks #30 out of 169 companies for Cyclically Adjusted PS Ratio. This places Manitou BF in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.04. Manitou BF's value of 0.34 is 67.3% below this benchmark. Historically, Manitou BF's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.16 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.04, Manitou BF 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. Manitou BF's current Cyclically Adjusted PS Ratio of 0.34 is 67.3% 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 Manitou BF 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. Manitou BF's current Cyclically Adjusted PS Ratio is 0.34, which is 35% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manitou BF stock overvalued right now?
Based on GuruFocus' analysis, Manitou BF (CHIX:MTUP) is currently considered Fairly Valued. The stock's GF Value™ is €19.66, compared to a current price of €18.97 — trading 3.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.34, which is 35% below median its 10-year median of 0.52 and 67.3% below the Farm & Heavy Construction Machinery industry median of 1.04. Manitou BF's overall GF Score™ is 91/100 with 5 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 Manitou BF (CHIX:MTUP), the current Cyclically Adjusted PS Ratio is 0.34 as of Jul. 20, 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 Manitou BF (CHIX:MTUP) Overvalued in 2026?

Based on GuruFocus' analysis, Manitou BF stock appears to be undervalued. The current stock price of €18.97 is trading 3.5% below its estimated GF Value™ of €19.66. GuruFocus considers Manitou BF to be Fairly Valued.

Key valuation signals for CHIX:MTUP:

  • Cyclically Adjusted PS Ratio: 0.34 (35% below median its 10-year median of 0.52)
  • GF Value™: €19.66 vs. price of €18.97 (3.5% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 67.3% below the Farm & Heavy Construction Machinery median (#30 of 169)

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


Manitou BF Business Description

Address 430, rue de l\'Aubiniere, Ancenis, FRA, 44158
Manitou BF SA is an industrial equipment manufacturer based in France. It is one of the companies in developing all-terrain material handling equipment meant for construction, agricultural and industrial usage. Manitou's product mix is comprised of fixed, rotating and heavyweight all-terrain telescopic forklift-trucks, semi-industrial and industrial all-terrain masted forklift-trucks, compact loaders, aerial work platforms for personnel and warehousing equipment. These products are marketed through well-known brands such as Manitou, Gehl, and Mustang available with dealers throughout the world. Most of its revenue is derived from sales in countries of Northern Europe.
91GF Score

Get the complete analysis for CHIX:MTUP

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

€18.97
Price
€19.66
GF Value