DFDS AS (FRA:29K) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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
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:29K DFDS AS FRA:29K
80 GF Score
Price €21.82
GF Value €20.04
Valuation Fairly Valued
! 9 Warning Signs
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What is DFDS AS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


DFDS AS  (FRA:29K) 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.


DFDS AS Cyclically Adjusted PS Ratio Related Terms


DFDS AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DFDS 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.

DFDS AS Cyclically Adjusted PS Ratio Chart

DFDS 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 1.38 0.86 0.66 0.37 0.24

DFDS 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 0.29 0.24 0.24 0.25 0.26

DFDS AS Cyclically Adjusted PS Ratio Competitor Comparison

For the Marine Shipping subindustry, DFDS 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.


DFDS AS Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, DFDS AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:29K
80GF Score
DFDS AS FRA:29K
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DFDS 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.

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

For example, DFDS 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)
=21.093/122.9500*122.9500
=21.093

Current CPI (Jun. 2026) = 122.9500.

DFDS AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.506 100.200 10.437
201612 7.895 100.300 9.678
201703 7.578 101.200 9.207
201706 8.840 101.200 10.740
201709 9.703 101.800 11.719
201712 8.055 101.300 9.777
201803 8.509 101.700 10.287
201806 9.334 102.300 11.218
201809 10.254 102.400 12.312
201812 9.248 102.100 11.137
201903 9.031 102.900 10.791
201906 9.904 102.900 11.834
201909 10.441 102.900 12.475
201912 9.335 102.900 11.154
202003 8.898 103.300 10.591
202006 6.557 103.200 7.812
202009 8.447 103.500 10.034
202012 8.815 103.400 10.482
202103 8.802 104.300 10.376
202106 9.874 105.000 11.562
202109 10.326 105.800 12.000
202112 12.811 106.600 14.776
202203 13.676 109.900 15.300
202206 16.803 113.600 18.186
202209 17.164 116.400 18.130
202212 15.345 115.900 16.278
202303 15.159 117.300 15.889
202306 16.587 116.400 17.520
202309 17.147 117.400 17.958
202312 16.248 116.700 17.118
202403 16.727 118.400 17.370
202406 18.076 118.500 18.755
202409 18.991 118.900 19.638
202412 17.867 118.900 18.476
202503 18.716 120.200 19.144
202506 19.385 120.700 19.746
202509 20.546 121.600 20.774
202512 18.103 121.180 18.367
202603 18.221 121.670 18.413
202606 21.093 122.950 21.093

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 DFDS AS (FRA:29K) Overvalued in 2026?

Based on GuruFocus' analysis, DFDS AS stock appears to be overvalued. The current stock price of €21.82 is trading 8.9% above its estimated GF Value™ of €20.04. GuruFocus considers DFDS AS to be Fairly Valued.

Key valuation signals for FRA:29K:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €20.04 vs. price of €21.82 (8.9% above fair value)
  • GF Score™: 80/100 with 9 warning signs

No single metric tells the full story. See the FRA:29K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DFDS AS Business Description

Address Marmorvej 18, Copenhagen, DNK, DK-2100
DFDS AS is a transportation and logistics company domiciled in Denmark. The two main divisions are the ferry division and the logistics division. The ferry division operates ferry routes around Europe, transporting freight, passengers, and passenger cruise ferries. The logistics division provides transport solutions for full and part loads as well as contract logistics solutions, including warehousing. Its main customers include manufacturers of industrial goods. The company generates the majority of its revenue from the ferry division. It has a presence in geographical markets such as the North Sea, the Mediterranean, the Baltic and Channel, Continental, Nordic, and the UK/Ireland.
80GF Score

Get the complete analysis for FRA:29K

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

€21.82
Price
€20.04
GF Value