CTTPY (CTT-Correios de Portugal) Cyclically Adjusted PS Ratio: 2.23 (As of Jul. 19, 2026) — 193% Above Median

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CTTPY CTT-Correios de Portugal SA CTTPY
75 GF Score
Price $15.90
GF Value $16.81
! 3 Warning Signs
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What is CTT-Correios de Portugal Cyclically Adjusted PS Ratio?

CTT-Correios de Portugal CTTPY +98.38% 75 Cyclically Adjusted PS Ratio is 2.23 as of Jul. 19, 2026, which is 193% above its 10-year median of 0.76. GuruFocus rates CTTPY with a GF Score™ of 75/100 and a GF Value™ of $16.81. The stock has 3 warning signs investors should review. Among 759 Transportation companies, CTT-Correios de Portugal ranks better than 50.99% on this metric.

As of today (2026-07-19), CTT-Correios de Portugal's current share price is $15.90. CTT-Correios de Portugal's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was $7.14. CTT-Correios de Portugal's Cyclically Adjusted PS Ratio for today is 2.23.

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

CTTPY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.76   Max: 1.24
Current: 0.87

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 0.76.

CTTPY's Cyclically Adjusted PS Ratio is ranked better than
50.99% of 759 companies
in the Transportation industry
Industry Median: 0.89 vs CTTPY: 0.87

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 Dec. 2025 was $6.042. 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 $7.14 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTT-Correios de Portugal  (OTCPK:CTTPY) 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 0.92 0.55 0.60 0.87 1.12

CTT-Correios de Portugal Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.87 1.19 1.17 1.11 1.12

CTTPY vs UPS, FDX, JBHT: 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.


CTTPY
75GF Score
CTT-Correios de Portugal SA CTTPY
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
=15.90/7.14
=2.23

* 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 Dec. 2025 is calculated as:

For example, CTT-Correios de Portugal'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)
=6.042/124.2400*124.2400
=6.042

Current CPI (Dec. 2025) = 124.2400.

CTT-Correios de Portugal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 2.619 100.547 3.236
201606 2.442 101.319 2.994
201609 2.598 101.122 3.192
201612 2.513 100.998 3.091
201703 2.595 101.924 3.163
201706 2.630 102.240 3.196
201709 2.255 102.527 2.733
201712 2.866 102.479 3.475
201803 2.928 102.626 3.545
201806 2.818 103.790 3.373
201809 2.997 103.960 3.582
201812 2.820 103.159 3.396
201903 2.684 103.495 3.222
201906 3.061 104.192 3.650
201909 2.642 103.844 3.161
201912 2.936 103.592 3.521
202003 2.643 103.544 3.171
202006 2.691 104.323 3.205
202009 2.755 103.699 3.301
202012 3.361 103.354 4.040
202103 3.241 104.014 3.871
202106 3.518 104.852 4.169
202109 2.956 105.232 3.490
202112 3.418 106.191 3.999
202203 3.448 109.559 3.910
202206 2.806 114.003 3.058
202209 2.645 114.999 2.858
202212 3.360 116.377 3.587
202303 3.491 117.701 3.685
202306 3.514 117.872 3.704
202309 3.536 119.111 3.688
202312 4.041 118.032 4.254
202403 3.988 120.396 4.115
202406 3.919 121.165 4.018
202409 4.308 121.574 4.402
202412 4.633 121.585 4.734
202503 4.492 122.624 4.551
202506 4.937 124.042 4.945
202509 5.310 124.490 5.299
202512 6.042 124.240 6.042

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 2.23 mean?
CTT-Correios de Portugal (CTTPY) has a Cyclically Adjusted PS Ratio of 2.23 as of Jul. 19, 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 193% above median its historical median of 0.76. 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 #372 out of 759 companies in the Transportation industry, placing it in the top 49%.
Is CTT-Correios de Portugal's Cyclically Adjusted PS Ratio too high?
CTT-Correios de Portugal's current Cyclically Adjusted PS Ratio of 2.23 is 193% above median its 10-year median of 0.76. 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 0.89. CTT-Correios de Portugal's value of 2.23 is 150.6% above this industry median. Based on the distribution chart, CTT-Correios de Portugal ranks #372 out of 759 companies in the Transportation industry, which is above the industry midpoint. Overall, CTT-Correios de Portugal has a GF Score™ of 75/100, 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 #372 out of 759 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 0.89. CTT-Correios de Portugal's value of 2.23 is 150.6% 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 0.76 vs. the industry median of 0.89, 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 0.89, based on 759 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 2.23 is 150.6% 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 0.89 — 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 2.23, which is 193% above median its own 10-year median of 0.76. 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?
CTT-Correios de Portugal (CTTPY) has a current Cyclically Adjusted PS Ratio of 2.23. The stock's GF Value™ is $16.81, compared to a current price of $15.90 — trading 5.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.23, which is 193% above median its 10-year median of 0.76 and 150.6% above the Transportation industry median of 0.89. CTT-Correios de Portugal's overall GF Score™ is 75/100 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 CTT-Correios de Portugal (CTTPY), the current Cyclically Adjusted PS Ratio is 2.23 as of Jul. 19, 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 (CTTPY) Overvalued in 2026?

Based on GuruFocus' analysis, CTT-Correios de Portugal stock appears to be undervalued. The current stock price of $15.90 is trading 5.4% below its estimated GF Value™ of $16.81.

Key valuation signals for CTTPY:

  • Cyclically Adjusted PS Ratio: 2.23 (193% above median its 10-year median of 0.76)
  • GF Value™: $16.81 vs. price of $15.90 (5.4% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 150.6% above the Transportation median (#372 of 759)

No single metric tells the full story. See the CTTPY 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.
75GF Score

Get the complete analysis for CTTPY

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

$15.90
Price
$16.81
GF Value