Alm Brand AS (FRA:1AM) Cyclically Adjusted PS Ratio: (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

FRA:1AM Alm Brand AS FRA:1AM
52 GF Score
Price €2.12
GF Value €1.81
! 3 Warning Signs
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What is Alm Brand AS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alm Brand AS  (FRA:1AM) 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.


Alm Brand AS Cyclically Adjusted PS Ratio Related Terms


Alm Brand AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Alm Brand 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.

Alm Brand AS Cyclically Adjusted PS Ratio Chart

Alm Brand 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 0.97 0.81 0.87 1.03 1.39

Alm Brand AS 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 1.29 1.39 1.17 0.00

FRA:1AM vs BRK.A, AIG, HIG: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Diversified subindustry, Alm Brand 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.


Alm Brand AS Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Alm Brand AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:1AM
52GF Score
Alm Brand AS FRA:1AM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alm Brand 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.

Alm Brand AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Alm Brand AS'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)
=0.328/122.6800*122.6800
=0.328

Current CPI (Jun. 2026) = 122.6800.

Alm Brand AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.366 100.200 0.448
201612 0.384 100.300 0.470
201703 0.406 101.200 0.492
201706 0.416 101.200 0.504
201709 0.411 101.800 0.495
201712 0.408 101.300 0.494
201803 0.392 101.700 0.473
201806 0.452 102.300 0.542
201809 0.421 102.400 0.504
201812 0.336 102.100 0.404
201903 0.572 102.900 0.682
201906 0.467 102.900 0.557
201909 0.518 102.900 0.618
201912 0.199 102.900 0.237
202003 0.258 103.300 0.306
202006 0.524 103.200 0.623
202009 0.293 103.500 0.347
202012 0.257 103.400 0.305
202103 1.080 104.300 1.270
202106 1.086 105.000 1.269
202109 1.121 105.800 1.300
202112 0.366 106.600 0.421
202203 0.105 109.900 0.117
202206 0.206 113.600 0.222
202209 0.283 116.400 0.298
202212 0.329 115.900 0.348
202303 0.323 117.300 0.338
202306 0.275 116.400 0.290
202309 0.279 117.400 0.292
202312 0.328 116.700 0.345
202403 0.287 118.400 0.297
202406 0.280 118.500 0.290
202409 0.317 118.900 0.327
202412 0.293 118.900 0.302
202503 0.267 120.200 0.273
202506 0.338 120.700 0.344
202509 0.303 121.600 0.306
202512 0.336 121.200 0.340
202603 0.268 121.680 0.270
202606 0.328 122.680 0.328

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 Alm Brand AS (FRA:1AM) Overvalued in 2026?

Based on GuruFocus' analysis, Alm Brand AS stock appears to be overvalued. The current stock price of €2.12 is trading 17.2% above its estimated GF Value™ of €1.81.

Key valuation signals for FRA:1AM:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €1.81 vs. price of €2.12 (17.2% above fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the FRA:1AM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alm Brand AS Business Description

Other Exchanges ALMBc:UK0DJI:UKALMB:Denmark
Address Midtermolen 7, Copenhagen, DNK, DK-2100
Alm Brand AS is a Danish investment holding company. Along with its subsidiaries, it offers insurance solutions, under various brands, to its customers. Its business segments include the personal Lines segment, which comprises sales of insurance to private households through its own sales channels and partnerships, the Commercial Lines segment, which comprises sales to agricultural and commercial customers through its own sales channels and partnerships, and the Non-life insurance segment, which is also its key revenue-generating segment. Geographically, the company generates the majority of its revenue from Denmark.
52GF Score

Get the complete analysis for FRA:1AM

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

€2.12
Price
€1.81
GF Value