Benefit Systems (FRA:3ZV) Cyclically Adjusted PS Ratio: 6.00 (As of Sep. 06, 2026) — 96% Above Median

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FRA:3ZV Benefit Systems SA FRA:3ZV
32 GF Score
Price €1,189.00
GF Value €976.44
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Benefit Systems Cyclically Adjusted PS Ratio?

Benefit Systems FRA:3ZV -0.92% 32 Cyclically Adjusted PS Ratio is 6.00 as of Sep. 06, 2026, which is 96% above its 10-year median of 3.06. GuruFocus rates FRA:3ZV with a GF Score™ of 32/100 and a GF Value™ of €976.44 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 668 Travel & Leisure companies, Benefit Systems ranks worse than 88.62% on this metric.

As of today (2026-09-06), Benefit Systems's current share price is €1189.00. Benefit Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €198.03. Benefit Systems's Cyclically Adjusted PS Ratio for today is 6.00.

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

FRA:3ZV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 3.06   Max: 6.47
Current: 6.03

During the past years, Benefit Systems's highest Cyclically Adjusted PS Ratio was 6.47. The lowest was 1.22. And the median was 3.06.

FRA:3ZV's Cyclically Adjusted PS Ratio is ranked worse than
88.62% of 668 companies
in the Travel & Leisure industry
Industry Median: 1.32 vs FRA:3ZV: 6.03

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.

Benefit Systems's adjusted revenue per share data for the three months ended in Jun. 2026 was €102.181. 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 €198.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Benefit Systems  (FRA:3ZV) 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.


Benefit Systems Cyclically Adjusted PS Ratio Related Terms


Benefit Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Benefit Systems'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.

Benefit Systems Cyclically Adjusted PS Ratio Chart

Benefit Systems 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 1.85 1.64 3.53 4.33 4.43

Benefit Systems 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 4.34 3.99 4.43 4.12 5.57

FRA:3ZV vs AS, HAS, LTH: Cyclically Adjusted PS Ratio Comparison

For the Leisure subindustry, Benefit Systems'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.


Benefit Systems Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Benefit Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:3ZV
32GF Score
Benefit Systems SA FRA:3ZV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Benefit Systems 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.

Benefit Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1189.00/198.03
=6.00

* 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.

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

For example, Benefit Systems'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)
=102.181/162.2800*162.2800
=102.181

Current CPI (Jun. 2026) = 162.2800.

Benefit Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 16.977 99.064 27.811
201612 18.222 100.366 29.463
201703 19.403 101.018 31.170
201706 21.757 101.180 34.895
201709 21.874 101.343 35.027
201712 22.925 102.564 36.273
201803 24.319 102.564 38.478
201806 24.499 103.378 38.458
201809 24.711 103.378 38.791
201812 26.363 103.785 41.222
201903 28.660 104.274 44.603
201906 30.968 105.983 47.418
201909 31.900 105.983 48.845
201912 35.584 107.123 53.906
202003 32.332 109.076 48.103
202006 13.688 109.402 20.304
202009 26.590 109.320 39.471
202012 14.462 109.565 21.420
202103 8.203 112.658 11.816
202106 15.121 113.960 21.532
202109 23.878 115.588 33.524
202112 30.122 119.088 41.047
202203 31.839 125.031 41.325
202206 36.416 131.705 44.870
202209 38.462 135.531 46.053
202212 44.550 139.113 51.969
202303 49.512 145.950 55.052
202306 55.265 147.009 61.006
202309 54.979 146.113 61.062
202312 59.712 147.741 65.588
202403 62.918 149.044 68.506
202406 66.392 150.997 71.353
202409 65.698 153.439 69.483
202412 71.247 154.660 74.757
202503 73.845 157.021 76.318
202506 81.175 157.509 83.634
202509 84.033 158.000 86.309
202512 91.137 158.320 93.417
202603 97.492 163.070 97.020
202606 102.181 162.280 102.181

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 6.00 mean?
Benefit Systems (FRA:3ZV) has a Cyclically Adjusted PS Ratio of 6.00 as of Sep. 06, 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 Benefit Systems and its competitors. This is 96% above median its historical median of 3.06. Over the past decade, Benefit Systems' Cyclically Adjusted PS Ratio has ranged from 1.22 to 6.47. According to the industry distribution chart, Benefit Systems ranks #592 out of 668 companies in the Travel & Leisure industry, placing it in the top 88.6%.
Is Benefit Systems' Cyclically Adjusted PS Ratio too high?
Benefit Systems' current Cyclically Adjusted PS Ratio of 6.00 is 96% above median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 6.47. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.32. Benefit Systems' value of 6.00 is 354.5% above this industry median. Based on the distribution chart, Benefit Systems ranks #592 out of 668 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Benefit Systems has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Benefit Systems' Cyclically Adjusted PS Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Benefit Systems ranks #592 out of 668 companies for Cyclically Adjusted PS Ratio. This places Benefit Systems in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.32. Benefit Systems' value of 6.00 is 354.5% above this benchmark. Historically, Benefit Systems' own Cyclically Adjusted PS Ratio has ranged from 1.22 to 6.47 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 1.32, Benefit Systems 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 Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.32, based on 668 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. Benefit Systems's current Cyclically Adjusted PS Ratio of 6.00 is 354.5% 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 Benefit Systems and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Benefit Systems's current Cyclically Adjusted PS Ratio is 6.00, which is 96% above median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benefit Systems stock overvalued right now?
Based on GuruFocus' analysis, Benefit Systems (FRA:3ZV) is currently considered Modestly Overvalued. The stock's GF Value™ is €976.44, compared to a current price of €1,189.00 — trading 21.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.00, which is 96% above median its 10-year median of 3.06 and 354.5% above the Travel & Leisure industry median of 1.32. Benefit Systems' overall GF Score™ is 32/100 with 5 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 Benefit Systems (FRA:3ZV), the current Cyclically Adjusted PS Ratio is 6.00 as of Sep. 06, 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 Benefit Systems (FRA:3ZV) Overvalued in 2026?

Based on GuruFocus' analysis, Benefit Systems stock appears to be overvalued. The current stock price of €1,189.00 is trading 21.8% above its estimated GF Value™ of €976.44. GuruFocus considers Benefit Systems to be Modestly Overvalued.

Key valuation signals for FRA:3ZV:

  • Cyclically Adjusted PS Ratio: 6.00 (96% above median its 10-year median of 3.06)
  • GF Value™: €976.44 vs. price of €1,189.00 (21.8% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 354.5% above the Travel & Leisure median (#592 of 668)

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


Benefit Systems Business Description

Other Exchanges BFT:Poland0Q3J:UK
Address European Square 2, Warsaw, POL, 00-844
Benefit Systems SA is Poland based company which is engaged in providing work benefits in the area of sport, recreations, culture and entertainment. Its products portfolio includes MultiSport Plus card, program that allows access to the sport and recreation clubs and multi-purpose facilities as well as Mybenefit, Benefitlunch, Multibilet, Multikafeteria and others.
32GF Score

Get the complete analysis for FRA:3ZV

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

€1,189.00
Price
€976.44
GF Value