ELEAF (El.En. SpA) Cyclically Adjusted PS Ratio: (As of Sep. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ELEAF El.En. SpA ELEAF
75 GF Score
Price $17.50
GF Value $15.79
Valuation Modestly Overvalued
! 3 Warning Signs
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What is El.En. SpA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


El.En. SpA  (OTCPK:ELEAF) 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.


El.En. SpA Cyclically Adjusted PS Ratio Related Terms


El.En. SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for El.En. SpA'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.

El.En. SpA Cyclically Adjusted PS Ratio Chart

El.En. SpA 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 3.87 2.78 1.73 1.90 2.11

El.En. SpA 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 1.74 1.75 2.11 1.81 0.00

ELEAF vs ABT, SYK, MDT: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, El.En. SpA'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.


El.En. SpA Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, El.En. SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where El.En. SpA's Cyclically Adjusted PS Ratio falls into.


ELEAF
75GF Score
El.En. SpA ELEAF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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El.En. SpA 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.

El.En. SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, El.En. SpA'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)
=1.445/126.4000*126.4000
=1.445

Current CPI (Jun. 2026) = 126.4000.

El.En. SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.864 100.100 1.091
201612 0.999 100.300 1.259
201703 0.902 101.000 1.129
201706 1.132 101.100 1.415
201709 1.166 101.200 1.456
201712 1.350 101.200 1.686
201803 1.111 101.800 1.379
201806 1.379 102.400 1.702
201809 1.252 102.600 1.542
201812 1.512 102.300 1.868
201903 1.228 102.800 1.510
201906 1.531 103.100 1.877
201909 1.345 102.900 1.652
201912 1.676 102.800 2.061
202003 1.031 102.900 1.266
202006 1.287 102.900 1.581
202009 1.587 102.300 1.961
202012 2.170 102.600 2.673
202103 1.744 103.700 2.126
202106 2.381 104.200 2.888
202109 1.938 104.900 2.335
202112 2.352 106.600 2.789
202203 1.993 110.400 2.282
202206 2.419 112.500 2.718
202209 1.953 114.200 2.162
202212 2.512 119.000 2.668
202303 2.182 118.800 2.322
202306 2.480 119.700 2.619
202309 1.969 120.300 2.069
202312 1.132 119.700 1.195
202403 1.761 120.200 1.852
202406 1.909 120.700 1.999
202409 1.868 121.200 1.948
202412 2.086 121.200 2.175
202503 1.903 122.500 1.964
202506 1.226 122.700 1.263
202509 2.004 123.100 2.058
202512 2.468 122.600 2.544
202603 2.100 124.560 2.131
202606 1.445 126.400 1.445

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.

Is El.En. SpA (ELEAF) Overvalued in 2026?

Based on GuruFocus' analysis, El.En. SpA stock appears to be overvalued. The current stock price of $17.50 is trading 10.8% above its estimated GF Value™ of $15.79. GuruFocus considers El.En. SpA to be Modestly Overvalued.

Key valuation signals for ELEAF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $15.79 vs. price of $17.50 (10.8% above fair value)
  • GF Score™: 75/100 with 3 warning signs

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


El.En. SpA Business Description

Address Via Baldanzese No. 17, Calenzano, Florence, ITA, 50041
El.En. SpA is engaged in the research and development, manufacturing, distribution, and sales of laser systems. The company operates in two divisions: medical and industrial. In the medical division, the application of laser is used as a healing treatment for aesthetic, surgical, physiotherapy and dental. Industrial division develops solutions for laser material processing applications through cutting, marking, laser sources and restoration. The company generates the majority of its revenue from the medical division. Geographically, it derives maximum revenue from the Rest of the World.
75GF Score

Get the complete analysis for ELEAF

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

$17.50
Price
$15.79
GF Value