TagMaster AB (FRA:2I40) Cyclically Adjusted PS Ratio: 0.97 (As of Aug. 29, 2026) — Near Median

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FRA:2I40 TagMaster AB FRA:2I40
89 GF Score
Price €2.74
GF Value €3.29
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is TagMaster AB Cyclically Adjusted PS Ratio?

TagMaster AB FRA:2I40 -3.18% 89 Cyclically Adjusted PS Ratio is 0.97 as of Aug. 29, 2026, which is 8% below its 10-year median of 1.06. GuruFocus rates FRA:2I40 with a GF Score™ of 89/100 and a GF Value™ of €3.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,971 Hardware companies, TagMaster AB ranks better than 60.38% on this metric.

As of today (2026-08-29), TagMaster AB's current share price is €2.74. TagMaster AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €2.83. TagMaster AB's Cyclically Adjusted PS Ratio for today is 0.97.

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

FRA:2I40' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.06   Max: 3.28
Current: 0.93

During the past years, TagMaster AB's highest Cyclically Adjusted PS Ratio was 3.28. The lowest was 0.39. And the median was 1.06.

FRA:2I40's Cyclically Adjusted PS Ratio is ranked better than
60.38% of 1971 companies
in the Hardware industry
Industry Median: 1.39 vs FRA:2I40: 0.93

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.

TagMaster AB's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.732. 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 €2.83 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TagMaster AB  (FRA:2I40) 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.


TagMaster AB Cyclically Adjusted PS Ratio Related Terms


TagMaster AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TagMaster AB'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.

TagMaster AB Cyclically Adjusted PS Ratio Chart

TagMaster AB 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 1.43 0.52 0.98 0.52 0.64

TagMaster AB 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 0.51 0.59 0.64 0.75 1.23

FRA:2I40 vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, TagMaster AB'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.


TagMaster AB Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, TagMaster AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:2I40
89GF Score
TagMaster AB FRA:2I40
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TagMaster AB 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.

TagMaster AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.74/2.83
=0.97

* 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.

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

For example, TagMaster AB'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)
=0.732/134.6100*134.6100
=0.732

Current CPI (Jun. 2026) = 134.6100.

TagMaster AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.402 101.138 0.535
201612 0.555 102.022 0.732
201703 0.593 102.022 0.782
201706 0.580 102.752 0.760
201709 0.528 103.279 0.688
201712 0.653 103.793 0.847
201803 0.628 103.962 0.813
201806 0.553 104.875 0.710
201809 0.471 105.679 0.600
201812 0.481 105.912 0.611
201903 0.515 105.886 0.655
201906 0.524 106.742 0.661
201909 0.532 107.214 0.668
201912 0.592 107.766 0.739
202003 0.500 106.563 0.632
202006 0.461 107.498 0.577
202009 0.473 107.635 0.592
202012 0.431 108.296 0.536
202103 0.500 108.360 0.621
202106 0.648 108.928 0.801
202109 0.542 110.338 0.661
202112 0.506 112.486 0.606
202203 0.526 114.825 0.617
202206 0.570 118.384 0.648
202209 0.552 122.296 0.608
202212 0.639 126.365 0.681
202303 0.578 127.042 0.612
202306 0.582 129.407 0.605
202309 0.506 130.224 0.523
202312 0.765 131.912 0.781
202403 0.599 132.205 0.610
202406 0.625 132.716 0.634
202409 0.513 132.304 0.522
202412 0.806 132.987 0.816
202503 0.628 132.825 0.636
202506 0.798 133.699 0.803
202509 0.707 133.480 0.713
202512 0.908 133.390 0.916
202603 5.792 133.560 5.838
202606 0.732 134.610 0.732

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 0.97 mean?
TagMaster AB (FRA:2I40) has a Cyclically Adjusted PS Ratio of 0.97 as of Aug. 29, 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 TagMaster AB and its competitors. This is near median its historical median of 1.06. Over the past decade, TagMaster AB's Cyclically Adjusted PS Ratio has ranged from 0.39 to 3.28. According to the industry distribution chart, TagMaster AB ranks #781 out of 1971 companies in the Hardware industry, placing it in the top 39.6%.
Is TagMaster AB's Cyclically Adjusted PS Ratio too high?
TagMaster AB's current Cyclically Adjusted PS Ratio of 0.97 is near median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 3.28. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. TagMaster AB's value of 0.97 is 30.2% below this industry median. Based on the distribution chart, TagMaster AB ranks #781 out of 1971 companies in the Hardware industry, which is above the industry midpoint. Overall, TagMaster AB has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TagMaster AB's Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, TagMaster AB ranks #781 out of 1971 companies for Cyclically Adjusted PS Ratio. This puts TagMaster AB in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. TagMaster AB's value of 0.97 is 30.2% below this benchmark. Historically, TagMaster AB's own Cyclically Adjusted PS Ratio has ranged from 0.39 to 3.28 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.39, TagMaster AB has consistently been below 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.39, based on 1,971 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. TagMaster AB's current Cyclically Adjusted PS Ratio of 0.97 is 30.2% below 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 TagMaster AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TagMaster AB's current Cyclically Adjusted PS Ratio is 0.97, which is near median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TagMaster AB stock overvalued right now?
Based on GuruFocus' analysis, TagMaster AB (FRA:2I40) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.29, compared to a current price of €2.74 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.97, which is near median its 10-year median of 1.06 and 30.2% below the Hardware industry median of 1.39. TagMaster AB's overall GF Score™ is 89/100 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 TagMaster AB (FRA:2I40), the current Cyclically Adjusted PS Ratio is 0.97 as of Aug. 29, 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 TagMaster AB (FRA:2I40) Overvalued in 2026?

Based on GuruFocus' analysis, TagMaster AB stock appears to be undervalued. The current stock price of €2.74 is trading 16.7% below its estimated GF Value™ of €3.29. GuruFocus considers TagMaster AB to be Modestly Undervalued.

Key valuation signals for FRA:2I40:

  • Cyclically Adjusted PS Ratio: 0.97 (near median its 10-year median of 1.06)
  • GF Value™: €3.29 vs. price of €2.74 (16.7% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 30.2% below the Hardware median (#781 of 1971)

No single metric tells the full story. See the FRA:2I40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TagMaster AB Business Description

Other Exchanges TAGM B:Sweden
Address Kronborgsgrand 11, Kista, SWE, 164 46
TagMaster AB is engaged in technology business sector. The company develops and sells advanced sensor systems and solutions based on radio, radar and camera technologies. The company's products are used in the areas of parking, traffic situations, electronic toll systems, and public transport. The company operates through various business segments that are Traffic and Rail. The Traffic segment generates maximum revenue for the company. Geographically, the company offers its services to the America's, EMEA and Asia Pacific.
89GF Score

Get the complete analysis for FRA:2I40

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

€2.74
Price
€3.29
GF Value