FNNTF (Flatexdegiro SE) Cyclically Adjusted PS Ratio: 15.77 (As of Jul. 19, 2026) — 75% Above Median

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FNNTF Flatexdegiro SE FNNTF
83 GF Score
Price $41.95
GF Value $18.31
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Flatexdegiro SE Cyclically Adjusted PS Ratio?

Flatexdegiro SE FNNTF +12.77% 83 Cyclically Adjusted PS Ratio is 15.77 as of Jul. 19, 2026, which is 75% above its 10-year median of 9.03. GuruFocus rates FNNTF with a GF Score™ of 83/100 and a GF Value™ of $18.31 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 606 Capital Markets companies, Flatexdegiro SE ranks worse than 84.32% on this metric.

As of today (2026-07-19), Flatexdegiro SE's current share price is $41.95. Flatexdegiro SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $2.66. Flatexdegiro SE's Cyclically Adjusted PS Ratio for today is 15.77.

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

FNNTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.92   Med: 9.03   Max: 26.86
Current: 11.77

During the past 13 years, Flatexdegiro SE's highest Cyclically Adjusted PS Ratio was 26.86. The lowest was 3.92. And the median was 9.03.

FNNTF's Cyclically Adjusted PS Ratio is ranked worse than
84.32% of 606 companies
in the Capital Markets industry
Industry Median: 3.32 vs FNNTF: 11.77

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.

Flatexdegiro SE's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $5.916. 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 $2.66 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flatexdegiro SE  (OTCPK:FNNTF) 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.


Flatexdegiro SE Cyclically Adjusted PS Ratio Related Terms


Flatexdegiro SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Flatexdegiro SE'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.

Flatexdegiro SE Cyclically Adjusted PS Ratio Chart

Flatexdegiro SE 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 14.53 3.59 5.25 5.74 12.19

Flatexdegiro SE 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 5.25 0.00 5.74 0.00 12.19

FNNTF vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Flatexdegiro SE'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.


Flatexdegiro SE Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Flatexdegiro SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FNNTF
83GF Score
Flatexdegiro SE FNNTF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flatexdegiro SE 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.

Flatexdegiro SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.95/2.66
=15.77

* 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.

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

For example, Flatexdegiro SE'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)
=5.916/129.3606*129.3606
=5.916

Current CPI (Dec25) = 129.3606.

Flatexdegiro SE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 1.127 101.217 1.440
201712 1.544 102.617 1.946
201812 1.536 104.217 1.907
201912 1.510 105.818 1.846
202012 3.250 105.518 3.984
202112 4.095 110.384 4.799
202212 3.314 119.345 3.592
202312 3.683 123.773 3.849
202412 4.415 127.041 4.496
202512 5.916 129.361 5.916

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 15.77 mean?
Flatexdegiro SE (FNNTF) has a Cyclically Adjusted PS Ratio of 15.77 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 Flatexdegiro SE and its competitors. This is 75% above median its historical median of 9.03. Over the past decade, Flatexdegiro SE's Cyclically Adjusted PS Ratio has ranged from 3.92 to 26.86. According to the industry distribution chart, Flatexdegiro SE ranks #511 out of 606 companies in the Capital Markets industry, placing it in the top 84.3%.
Is Flatexdegiro SE's Cyclically Adjusted PS Ratio too high?
Flatexdegiro SE's current Cyclically Adjusted PS Ratio of 15.77 is 75% above median its 10-year median of 9.03. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 26.86. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.32. Flatexdegiro SE's value of 15.77 is 375% above this industry median. Based on the distribution chart, Flatexdegiro SE ranks #511 out of 606 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Flatexdegiro SE has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flatexdegiro SE's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Flatexdegiro SE ranks #511 out of 606 companies for Cyclically Adjusted PS Ratio. This places Flatexdegiro SE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.32. Flatexdegiro SE's value of 15.77 is 375% above this benchmark. Historically, Flatexdegiro SE's own Cyclically Adjusted PS Ratio has ranged from 3.92 to 26.86 over the past decade. While the company's 10-year median is 9.03 vs. the industry median of 3.32, Flatexdegiro SE 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.32, based on 606 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. Flatexdegiro SE's current Cyclically Adjusted PS Ratio of 15.77 is 375% 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 Flatexdegiro SE and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flatexdegiro SE's current Cyclically Adjusted PS Ratio is 15.77, which is 75% above median its own 10-year median of 9.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flatexdegiro SE stock overvalued right now?
Based on GuruFocus' analysis, Flatexdegiro SE (FNNTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.31, compared to a current price of $41.95 — trading 129.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 15.77, which is 75% above median its 10-year median of 9.03 and 375% above the Capital Markets industry median of 3.32. Flatexdegiro SE's overall GF Score™ is 83/100 with 2 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 Flatexdegiro SE (FNNTF), the current Cyclically Adjusted PS Ratio is 15.77 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 Flatexdegiro SE (FNNTF) Overvalued in 2026?

Based on GuruFocus' analysis, Flatexdegiro SE stock appears to be overvalued. The current stock price of $41.95 is trading 129.1% above its estimated GF Value™ of $18.31. GuruFocus considers Flatexdegiro SE to be Significantly Overvalued.

Key valuation signals for FNNTF:

  • Cyclically Adjusted PS Ratio: 15.77 (75% above median its 10-year median of 9.03)
  • GF Value™: $18.31 vs. price of $41.95 (129.1% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 375% above the Capital Markets median (#511 of 606)

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


Flatexdegiro SE Business Description

Address Omniturm, Grosse Gallusstrasse 16-18, Frankfurt, HE, DEU, 60312
Flatexdegiro SE is an independent online broker. The firm operates a proprietary securities trading platform under the brands flatex and DEGIRO and services more than a million European retail customers in European countries. The company also offers brokerage services and administration to corporate and institutional clients. The segments of the company are flatex and Degiro. It derives maximum revenue from Degiro segment.
83GF Score

Get the complete analysis for FNNTF

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

$41.95
Price
$18.31
GF Value