CTTOF (CTT-Correios de Portugal) Cyclically Adjusted PS Ratio: 0.92 (As of Sep. 18, 2026) — 12% Above Median

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CTTOF CTT-Correios de Portugal SA CTTOF
79 GF Score
Price $7.23
GF Value $7.83
Valuation Fairly Valued
! 4 Warning Signs
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What is CTT-Correios de Portugal Cyclically Adjusted PS Ratio?

CTT-Correios de Portugal CTTOF +7.91% 79 Cyclically Adjusted PS Ratio is 0.92 as of Sep. 18, 2026, which is 12% above its 10-year median of 0.82. GuruFocus rates CTTOF with a GF Score™ of 79/100 and a GF Value™ of $7.83 (Fairly Valued). The stock has 4 warning signs investors should review. Among 760 Transportation companies, CTT-Correios de Portugal ranks better than 50.53% on this metric.

As of today (2026-09-18), CTT-Correios de Portugal's current share price is $7.23. CTT-Correios de Portugal's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $7.83. CTT-Correios de Portugal's Cyclically Adjusted PS Ratio for today is 0.92.

The historical rank and industry rank for CTT-Correios de Portugal's Cyclically Adjusted PS Ratio or its related term are showing as below:

CTTOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.82   Max: 1.24
Current: 0.9

During the past years, CTT-Correios de Portugal's highest Cyclically Adjusted PS Ratio was 1.24. The lowest was 0.49. And the median was 0.82.

CTTOF's Cyclically Adjusted PS Ratio is ranked better than
50.53% of 760 companies
in the Transportation industry
Industry Median: 0.915 vs CTTOF: 0.90

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.

CTT-Correios de Portugal's adjusted revenue per share data for the three months ended in Jun. 2026 was $2.939. 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 $7.83 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTT-Correios de Portugal  (OTCPK:CTTOF) 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.


CTT-Correios de Portugal Cyclically Adjusted PS Ratio Related Terms


CTT-Correios de Portugal Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CTT-Correios de Portugal'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.

CTT-Correios de Portugal Cyclically Adjusted PS Ratio Chart

CTT-Correios de Portugal 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 0.86 0.49 0.56 0.67 1.13

CTT-Correios de Portugal Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.24 1.18 1.14 0.91 0.90

CTTOF vs UPS, FDX, EXPD: Cyclically Adjusted PS Ratio Comparison

For the Integrated Freight & Logistics subindustry, CTT-Correios de Portugal'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.


CTT-Correios de Portugal Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, CTT-Correios de Portugal's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CTT-Correios de Portugal's Cyclically Adjusted PS Ratio falls into.


CTTOF
79GF Score
CTT-Correios de Portugal SA CTTOF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CTT-Correios de Portugal 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.

CTT-Correios de Portugal's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.23/7.825
=0.92

* 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.

CTT-Correios de Portugal's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, CTT-Correios de Portugal's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.939/128.0300*128.0300
=2.939

Current CPI (Jun. 2026) = 128.0300.

CTT-Correios de Portugal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.203 101.122 1.523
201612 1.245 100.998 1.578
201703 1.245 101.924 1.564
201706 1.256 102.240 1.573
201709 1.279 102.527 1.597
201712 1.525 102.479 1.905
201803 1.414 102.626 1.764
201806 1.385 103.790 1.708
201809 1.292 103.960 1.591
201812 1.371 103.159 1.702
201903 1.307 103.495 1.617
201906 1.301 104.192 1.599
201909 1.327 103.844 1.636
201912 1.418 103.592 1.753
202003 1.277 103.544 1.579
202006 1.204 104.323 1.478
202009 1.393 103.699 1.720
202012 1.596 103.354 1.977
202103 1.589 104.014 1.956
202106 1.623 104.852 1.982
202109 1.516 105.232 1.844
202112 1.729 106.191 2.085
202203 1.712 109.559 2.001
202206 1.497 114.003 1.681
202209 1.444 114.999 1.608
202212 1.703 116.377 1.874
202303 1.749 117.701 1.902
202306 1.755 117.872 1.906
202309 1.729 119.111 1.858
202312 1.982 118.032 2.150
202403 1.991 120.396 2.117
202406 1.960 121.165 2.071
202409 2.072 121.574 2.182
202412 2.397 121.585 2.524
202503 2.186 122.624 2.282
202506 2.533 124.042 2.614
202509 2.670 124.490 2.746
202512 3.112 124.240 3.207
202603 2.808 125.940 2.855
202606 2.939 128.030 2.939

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 0.92 mean?
CTT-Correios de Portugal (CTTOF) has a Cyclically Adjusted PS Ratio of 0.92 as of Sep. 18, 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 CTT-Correios de Portugal and its competitors. This is 12% above median its historical median of 0.82. Over the past decade, CTT-Correios de Portugal's Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.24. According to the industry distribution chart, CTT-Correios de Portugal ranks #376 out of 760 companies in the Transportation industry, placing it in the top 49.5%.
Is CTT-Correios de Portugal's Cyclically Adjusted PS Ratio too high?
CTT-Correios de Portugal's current Cyclically Adjusted PS Ratio of 0.92 is 12% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.24. The Transportation industry median Cyclically Adjusted PS Ratio is 0.92. CTT-Correios de Portugal's value of 0.92 is 0.5% above this industry median. Based on the distribution chart, CTT-Correios de Portugal ranks #376 out of 760 companies in the Transportation industry, which is above the industry midpoint. Overall, CTT-Correios de Portugal has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CTT-Correios de Portugal's Cyclically Adjusted PS Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, CTT-Correios de Portugal ranks #376 out of 760 companies for Cyclically Adjusted PS Ratio. This puts CTT-Correios de Portugal in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.92. CTT-Correios de Portugal's value of 0.92 is 0.5% above this benchmark. Historically, CTT-Correios de Portugal's own Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.24 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.92, CTT-Correios de Portugal 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.92, based on 760 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. CTT-Correios de Portugal's current Cyclically Adjusted PS Ratio of 0.92 is 0.5% 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 CTT-Correios de Portugal and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTT-Correios de Portugal's current Cyclically Adjusted PS Ratio is 0.92, which is 12% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTT-Correios de Portugal stock overvalued right now?
Based on GuruFocus' analysis, CTT-Correios de Portugal (CTTOF) is currently considered Fairly Valued. The stock's GF Value™ is $7.83, compared to a current price of $7.23 — trading 7.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.92, which is 12% above median its 10-year median of 0.82 and 0.5% above the Transportation industry median of 0.92. CTT-Correios de Portugal's overall GF Score™ is 79/100 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 CTT-Correios de Portugal (CTTOF), the current Cyclically Adjusted PS Ratio is 0.92 as of Sep. 18, 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 CTT-Correios de Portugal (CTTOF) Overvalued in 2026?

Based on GuruFocus' analysis, CTT-Correios de Portugal stock appears to be undervalued. The current stock price of $7.23 is trading 7.7% below its estimated GF Value™ of $7.83. GuruFocus considers CTT-Correios de Portugal to be Fairly Valued.

Key valuation signals for CTTOF:

  • Cyclically Adjusted PS Ratio: 0.92 (12% above median its 10-year median of 0.82)
  • GF Value™: $7.83 vs. price of $7.23 (7.7% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 0.5% above the Transportation median (#376 of 760)

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


CTT-Correios de Portugal Business Description

Address Avenida dos Combatentes 43, No.1643-001, 4th Floor, Lisbon, PRT, 1999-001
CTT-Correios de Portugal SA operates in the postal and logistics sector, with operations organised into the segments Mail & Services, Express & Parcels, E-commerce Solutions, and Financial Services. The Mail & Services area comprises Mail, Business Solutions, and Financial and Retail Services. Mail is the main business, Business Solutions uses digitalisation to strengthen customer relationships, and Financial and Retail Services are supported by the retail network. Products and services include mail delivery, express and shipping solutions such as Basic Mail, Track Mail, and Express for Tomorrow, digital platforms, document management, business process services, payments, financial intermediation, insurance, and retail services. It operates in Portugal, Spain and the rest of the world.
79GF Score

Get the complete analysis for CTTOF

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

$7.23
Price
$7.83
GF Value