SP Group AS (CHIX:SPGC) Cyclically Adjusted PS Ratio: 1.59 (As of Jul. 08, 2026) — Near Median


CHIX:SPGC SP Group AS CHIX:SPGC
95 GF Score
Price kr358.50
GF Value kr285.30
! 8 Warning Signs
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What is SP Group AS Cyclically Adjusted PS Ratio?

SP Group AS CHIX:SPGC 95 Cyclically Adjusted PS Ratio is 1.59 as of Jul. 08, 2026, which is 1% below its 10-year median of 1.61. GuruFocus rates CHIX:SPGC with a GF Score™ of 95/100 and a GF Value™ of kr285.30. The stock has 8 warning signs investors should review. Among 1,275 Chemicals companies, SP Group AS ranks worse than 60.71% on this metric.

As of today (2026-07-08), SP Group AS's current share price is kr358.50. SP Group AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr225.76. SP Group AS's Cyclically Adjusted PS Ratio for today is 1.59.

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

CHIX:SPGc' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.61   Max: 2.82
Current: 1.88

During the past years, SP Group AS's highest Cyclically Adjusted PS Ratio was 2.82. The lowest was 0.91. And the median was 1.61.

CHIX:SPGc's Cyclically Adjusted PS Ratio is ranked worse than
60.71% of 1275 companies
in the Chemicals industry
Industry Median: 1.35 vs CHIX:SPGc: 1.88

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.

SP Group AS's adjusted revenue per share data for the three months ended in Mar. 2026 was kr81.691. 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 kr225.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SP Group AS  (CHIX:SPGc) 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.


SP Group AS Cyclically Adjusted PS Ratio Related Terms


SP Group AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SP Group AS'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.

SP Group AS Cyclically Adjusted PS Ratio Chart

SP Group AS 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 2.82 1.43 1.15 1.51 1.60

SP Group AS 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 1.39 1.49 1.25 1.60 1.59

CHIX:SPGC vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, SP Group AS'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.


SP Group AS Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SP Group AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:SPGC
95GF Score
SP Group AS CHIX:SPGC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SP Group AS 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.

SP Group AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=358.50/225.76
=1.59

* 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.

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

For example, SP Group AS'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)
=81.691/121.6800*121.6800
=81.691

Current CPI (Mar. 2026) = 121.6800.

SP Group AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 34.263 100.600 41.443
201609 32.780 100.200 39.807
201612 37.800 100.300 45.857
201703 41.233 101.200 49.577
201706 44.440 101.200 53.433
201709 39.457 101.800 47.162
201712 40.058 101.300 48.117
201803 40.737 101.700 48.740
201806 45.687 102.300 54.342
201809 41.960 102.400 49.860
201812 45.007 102.100 53.638
201903 46.614 102.900 55.121
201906 45.222 102.900 53.475
201909 42.257 102.900 49.969
201912 44.178 102.900 52.241
202003 49.275 103.300 58.042
202006 46.648 103.200 55.001
202009 41.499 103.500 48.788
202012 44.563 103.400 52.441
202103 48.748 104.300 56.871
202106 52.145 105.000 60.429
202109 49.041 105.800 56.402
202112 51.998 106.600 59.354
202203 58.794 109.900 65.096
202206 55.684 113.600 59.645
202209 49.796 116.400 52.055
202212 53.247 115.900 55.902
202303 58.184 117.300 60.357
202306 54.272 116.400 56.734
202309 47.744 117.400 49.485
202312 53.648 116.700 55.937
202403 59.674 118.400 61.327
202406 62.929 118.500 64.618
202409 58.779 118.900 60.153
202412 60.278 118.900 61.687
202503 65.210 120.200 66.013
202506 56.902 120.700 57.364
202509 55.044 121.600 55.080
202512 69.455 121.200 69.730
202603 81.691 121.680 81.691

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 1.59 mean?
SP Group AS (CHIX:SPGC) has a Cyclically Adjusted PS Ratio of 1.59 as of Jul. 08, 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 SP Group AS and its competitors. This is near median its historical median of 1.61. Over the past decade, SP Group AS's Cyclically Adjusted PS Ratio has ranged from 0.91 to 2.82. According to the industry distribution chart, SP Group AS ranks #774 out of 1275 companies in the Chemicals industry, placing it in the top 60.7%.
Is SP Group AS's Cyclically Adjusted PS Ratio too high?
SP Group AS's current Cyclically Adjusted PS Ratio of 1.59 is near median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 2.82. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.35. SP Group AS's value of 1.59 is 17.8% above this industry median. Based on the distribution chart, SP Group AS ranks #774 out of 1275 companies in the Chemicals industry, which is below the industry midpoint. Overall, SP Group AS has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does SP Group AS's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, SP Group AS ranks #774 out of 1275 companies for Cyclically Adjusted PS Ratio. This places SP Group AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.35. SP Group AS's value of 1.59 is 17.8% above this benchmark. Historically, SP Group AS's own Cyclically Adjusted PS Ratio has ranged from 0.91 to 2.82 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.35, SP Group AS 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.35, based on 1,275 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. SP Group AS's current Cyclically Adjusted PS Ratio of 1.59 is 17.8% 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 SP Group AS and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP Group AS's current Cyclically Adjusted PS Ratio is 1.59, which is near median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Group AS stock overvalued right now?
SP Group AS (CHIX:SPGC) has a current Cyclically Adjusted PS Ratio of 1.59. The stock's GF Value™ is kr285.30, compared to a current price of kr358.50 — trading 25.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.59, which is near median its 10-year median of 1.61 and 17.8% above the Chemicals industry median of 1.35. SP Group AS's overall GF Score™ is 95/100 with 8 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 SP Group AS (CHIX:SPGC), the current Cyclically Adjusted PS Ratio is 1.59 as of Jul. 08, 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 SP Group AS (CHIX:SPGC) Overvalued in 2026?

Based on GuruFocus' analysis, SP Group AS stock appears to be overvalued. The current stock price of kr358.50 is trading 25.7% above its estimated GF Value™ of kr285.30.

Key valuation signals for CHIX:SPGC:

  • Cyclically Adjusted PS Ratio: 1.59 (near median its 10-year median of 1.61)
  • GF Value™: kr285.30 vs. price of kr358.50 (25.7% above fair value)
  • GF Score™: 95/100 with 8 warning signs
  • Industry Position: 17.8% above the Chemicals median (#774 of 1275)

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


SP Group AS Business Description

Other Exchanges SPG:Denmark1PU2:Germany
Address Snavevej 6-10, Sonderso, DNK, 5471
SP Group AS develops and manufactures solutions in plastics using multiple production technologies. It is a supplier of manufactured plastic products for the manufacturing industries. Its solutions include 3D print, Assembly, Blow Moulding, Injection Moulding, , Precision Plastic Machining, among others. Its segments include Denmark, Norway, Sweden, Finland, Latvia, Slovakia, The Netherlands, Poland, North America, China, and Thailand, with Denmark generating the majority of the revenue.
95GF Score

Get the complete analysis for CHIX:SPGC

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

kr358.50
Price
kr285.30
GF Value