North Media AS (FRA:3S8) Cyclically Adjusted PS Ratio: 0.68 (As of Aug. 05, 2026) — 25% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:3S8 North Media AS FRA:3S8
76 GF Score
Price €5.84
GF Value €7.18
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is North Media AS Cyclically Adjusted PS Ratio?

North Media AS FRA:3S8 -3.31% 76 Cyclically Adjusted PS Ratio is 0.68 as of Aug. 05, 2026, which is 25% below its 10-year median of 0.91. GuruFocus rates FRA:3S8 with a GF Score™ of 76/100 and a GF Value™ of €7.18 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 728 Media - Diversified companies, North Media AS ranks better than 53.85% on this metric.

As of today (2026-08-05), North Media AS's current share price is €5.84. North Media AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €8.55. North Media AS's Cyclically Adjusted PS Ratio for today is 0.68.

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

FRA:3S8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.91   Max: 1.38
Current: 0.69

During the past years, North Media AS's highest Cyclically Adjusted PS Ratio was 1.38. The lowest was 0.52. And the median was 0.91.

FRA:3S8's Cyclically Adjusted PS Ratio is ranked better than
53.85% of 728 companies
in the Media - Diversified industry
Industry Median: 0.77 vs FRA:3S8: 0.69

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.

North Media AS's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.141. 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 €8.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


North Media AS  (FRA:3S8) 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.


North Media AS Cyclically Adjusted PS Ratio Related Terms


North Media AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for North Media 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.

North Media AS Cyclically Adjusted PS Ratio Chart

North Media 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 0.00 0.91 1.07 0.76 0.73

North Media AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.55 0.61 0.74 0.73 0.73

FRA:3S8 vs NYT, WLY: Cyclically Adjusted PS Ratio Comparison

For the Publishing subindustry, North Media 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.


North Media AS Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, North Media AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:3S8
76GF Score
North Media AS FRA:3S8
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Media 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.

North Media AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.84/8.55
=0.68

* 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.

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

For example, North Media AS's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.141/121.6800*121.6800
=2.141

Current CPI (Mar. 2026) = 121.6800.

North Media AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.400 0.000
201506 0.000 100.300 0.000
201512 0.000 99.800 0.000
201606 0.000 100.600 0.000
201612 0.000 100.300 0.000
201706 0.000 101.200 0.000
201712 0.000 101.300 0.000
201803 1.965 101.700 2.351
201806 1.936 102.300 2.303
201809 1.913 102.400 2.273
201812 2.317 102.100 2.761
201903 1.839 102.900 2.175
201906 1.907 102.900 2.255
201909 1.753 102.900 2.073
201912 2.122 102.900 2.509
202003 1.939 103.300 2.284
202006 1.865 103.200 2.199
202009 1.929 103.500 2.268
202012 1.993 103.400 2.345
202103 1.792 104.300 2.091
202106 1.877 105.000 2.175
202109 1.782 105.800 2.049
202112 2.084 106.600 2.379
202203 1.791 109.900 1.983
202206 1.892 113.600 2.027
202209 1.547 116.400 1.617
202212 1.838 115.900 1.930
202303 1.747 117.300 1.812
202306 1.701 116.400 1.778
202309 1.578 117.400 1.636
202312 1.590 116.700 1.658
202403 2.376 118.400 2.442
202406 2.541 118.500 2.609
202409 2.192 118.900 2.243
202412 2.526 118.900 2.585
202503 2.283 120.200 2.311
202506 2.523 120.700 2.543
202509 2.112 121.600 2.113
202512 2.618 121.200 2.628
202603 2.141 121.680 2.141

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 0.68 mean?
North Media AS (FRA:3S8) has a Cyclically Adjusted PS Ratio of 0.68 as of Aug. 05, 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 North Media AS and its competitors. This is 25% below median its historical median of 0.91. Over the past decade, North Media AS's Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.38. According to the industry distribution chart, North Media AS ranks #336 out of 728 companies in the Media - Diversified industry, placing it in the top 46.2%.
Is North Media AS's Cyclically Adjusted PS Ratio too high?
North Media AS's current Cyclically Adjusted PS Ratio of 0.68 is 25% below median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.38. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.77. North Media AS's value of 0.68 is 11.7% below this industry median. Based on the distribution chart, North Media AS ranks #336 out of 728 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, North Media AS has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North Media AS's Cyclically Adjusted PS Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, North Media AS ranks #336 out of 728 companies for Cyclically Adjusted PS Ratio. This puts North Media AS in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. North Media AS's value of 0.68 is 11.7% below this benchmark. Historically, North Media AS's own Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.38 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.77, North Media AS 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.77, based on 728 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. North Media AS's current Cyclically Adjusted PS Ratio of 0.68 is 11.7% 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 North Media AS and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Media AS's current Cyclically Adjusted PS Ratio is 0.68, which is 25% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Media AS stock overvalued right now?
Based on GuruFocus' analysis, North Media AS (FRA:3S8) is currently considered Modestly Undervalued. The stock's GF Value™ is €7.18, compared to a current price of €5.84 — trading 18.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.68, which is 25% below median its 10-year median of 0.91 and 11.7% below the Media - Diversified industry median of 0.77. North Media AS's overall GF Score™ is 76/100 with 6 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 North Media AS (FRA:3S8), the current Cyclically Adjusted PS Ratio is 0.68 as of Aug. 05, 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 North Media AS (FRA:3S8) Overvalued in 2026?

Based on GuruFocus' analysis, North Media AS stock appears to be undervalued. The current stock price of €5.84 is trading 18.7% below its estimated GF Value™ of €7.18. GuruFocus considers North Media AS to be Modestly Undervalued.

Key valuation signals for FRA:3S8:

  • Cyclically Adjusted PS Ratio: 0.68 (25% below median its 10-year median of 0.91)
  • GF Value™: €7.18 vs. price of €5.84 (18.7% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 11.7% below the Media - Diversified median (#336 of 728)

No single metric tells the full story. See the FRA:3S8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


North Media AS Business Description

Other Exchanges 0MQ0:UKNORTHM:Denmark
Address Gladsaxe Mollevej 28, Soborg, DNK, DK-2860
North Media AS develops and operates platforms for transactions. These platforms help consumers find the right products, whether looking for groceries, rental housing or digital access management solutions. The company has two core business areas: Last Mile: FK Distribution and SDR Svensk Direktreklam Svensk Direktreklam are the distributors of leaflets and local newspapers in Denmark and Sweden, respectively. Digital Services includes three businesses: BoligPortal is Denmark's home rentals platform, offering services to both landlords and tenants. (Dayli) MineTilbudis a digital offer platform. Bekey provides digital access solutions for secured stairwells and private homes for the use of home care services and companies delivering parcels, groceries, meal services.
76GF Score

Get the complete analysis for FRA:3S8

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

€5.84
Price
€7.18
GF Value