Echo Investment (FRA:4I3) Cyclically Adjusted PS Ratio: 1.35 (As of Aug. 02, 2026) — 19% Below Median

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FRA:4I3 Echo Investment SA FRA:4I3
66 GF Score
Price €1.09
GF Value €1.73
Valuation Possible Value Trap
! 7 Warning Signs
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What is Echo Investment Cyclically Adjusted PS Ratio?

Echo Investment FRA:4I3 +0.37% 66 Cyclically Adjusted PS Ratio is 1.35 as of Aug. 02, 2026, which is 19% below its 10-year median of 1.66. GuruFocus rates FRA:4I3 with a GF Score™ of 66/100 and a GF Value™ of €1.73 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,356 Real Estate companies, Echo Investment ranks better than 57.96% on this metric.

As of today (2026-08-02), Echo Investment's current share price is €1.094. Echo Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.81. Echo Investment's Cyclically Adjusted PS Ratio for today is 1.35.

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

FRA:4I3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17   Med: 1.66   Max: 4.21
Current: 1.36

During the past years, Echo Investment's highest Cyclically Adjusted PS Ratio was 4.21. The lowest was 1.17. And the median was 1.66.

FRA:4I3's Cyclically Adjusted PS Ratio is ranked better than
57.96% of 1356 companies
in the Real Estate industry
Industry Median: 1.83 vs FRA:4I3: 1.36

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.

Echo Investment's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.264. 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 €0.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Echo Investment  (FRA:4I3) 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.


Echo Investment Cyclically Adjusted PS Ratio Related Terms


Echo Investment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Echo Investment'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.

Echo Investment Cyclically Adjusted PS Ratio Chart

Echo Investment 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 1.93 1.30 1.34 1.48 1.35

Echo Investment 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 1.40 1.52 1.66 1.35 1.43

Echo Investment Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Echo Investment'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.


Echo Investment Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Echo Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:4I3
66GF Score
Echo Investment SA FRA:4I3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Echo Investment 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.

Echo Investment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.094/0.81
=1.35

* 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.

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

For example, Echo Investment'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)
=0.264/163.0700*163.0700
=0.264

Current CPI (Mar. 2026) = 163.0700.

Echo Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.077 99.552 0.126
201609 0.074 99.064 0.122
201612 0.038 100.366 0.062
201703 0.041 101.018 0.066
201706 0.057 101.180 0.092
201709 0.087 101.343 0.140
201712 0.176 102.564 0.280
201803 0.036 102.564 0.057
201806 0.071 103.378 0.112
201809 0.140 103.378 0.221
201812 0.154 103.785 0.242
201903 0.039 104.274 0.061
201906 0.035 105.983 0.054
201909 0.141 105.983 0.217
201912 0.281 107.123 0.428
202003 0.089 109.076 0.133
202006 0.140 109.402 0.209
202009 0.192 109.320 0.286
202012 0.263 109.565 0.391
202103 0.087 112.658 0.126
202106 0.149 113.960 0.213
202109 0.224 115.588 0.316
202112 0.401 119.088 0.549
202203 0.160 125.031 0.209
202206 0.177 131.705 0.219
202209 0.239 135.531 0.288
202212 0.209 139.113 0.245
202303 0.118 145.950 0.132
202306 0.139 147.009 0.154
202309 0.109 146.113 0.122
202312 0.519 147.741 0.573
202403 0.202 149.044 0.221
202406 0.073 150.997 0.079
202409 0.179 153.439 0.190
202412 0.156 154.660 0.164
202503 0.053 157.021 0.055
202506 0.208 157.509 0.215
202509 0.406 158.000 0.419
202512 0.465 158.320 0.479
202603 0.264 163.070 0.264

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 1.35 mean?
Echo Investment (FRA:4I3) has a Cyclically Adjusted PS Ratio of 1.35 as of Aug. 02, 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 Echo Investment and its competitors. This is 19% below median its historical median of 1.66. Over the past decade, Echo Investment's Cyclically Adjusted PS Ratio has ranged from 1.17 to 4.21. According to the industry distribution chart, Echo Investment ranks #570 out of 1356 companies in the Real Estate industry, placing it in the top 42%.
Is Echo Investment's Cyclically Adjusted PS Ratio too high?
Echo Investment's current Cyclically Adjusted PS Ratio of 1.35 is 19% below median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 4.21. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. Echo Investment's value of 1.35 is 26.2% below this industry median. Based on the distribution chart, Echo Investment ranks #570 out of 1356 companies in the Real Estate industry, which is above the industry midpoint. Overall, Echo Investment has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Echo Investment's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Echo Investment ranks #570 out of 1356 companies for Cyclically Adjusted PS Ratio. This puts Echo Investment in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. Echo Investment's value of 1.35 is 26.2% below this benchmark. Historically, Echo Investment's own Cyclically Adjusted PS Ratio has ranged from 1.17 to 4.21 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.83, Echo Investment 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.83, based on 1,356 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. Echo Investment's current Cyclically Adjusted PS Ratio of 1.35 is 26.2% 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 Echo Investment and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Echo Investment's current Cyclically Adjusted PS Ratio is 1.35, which is 19% below median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Echo Investment stock overvalued right now?
Based on GuruFocus' analysis, Echo Investment (FRA:4I3) is currently considered Possible Value Trap. The stock's GF Value™ is €1.73, compared to a current price of €1.09 — trading 36.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.35, which is 19% below median its 10-year median of 1.66 and 26.2% below the Real Estate industry median of 1.83. Echo Investment's overall GF Score™ is 66/100 with 7 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 Echo Investment (FRA:4I3), the current Cyclically Adjusted PS Ratio is 1.35 as of Aug. 02, 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 Echo Investment (FRA:4I3) Overvalued in 2026?

Based on GuruFocus' analysis, Echo Investment stock appears to be undervalued. The current stock price of €1.09 is trading 36.8% below its estimated GF Value™ of €1.73. GuruFocus considers Echo Investment to be Possible Value Trap.

Key valuation signals for FRA:4I3:

  • Cyclically Adjusted PS Ratio: 1.35 (19% below median its 10-year median of 1.66)
  • GF Value™: €1.73 vs. price of €1.09 (36.8% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 26.2% below the Real Estate median (#570 of 1356)

No single metric tells the full story. See the FRA:4I3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Echo Investment Business Description

Other Exchanges ECH:Poland
Address Al. Jana Pawła II 22, Warsaw Office Q22 building, Warsaw, POL, 00-133
Echo Investment SA is a Polish development company that builds projects in the office, retail, and residential sectors. The company divides its revenue-generating businesses into four categories: residential, shopping centers, office buildings, and others. The residential segment handles the rental and sale of properties. In the other segment, accounting, leasing, and development services for external clients generate revenue. The residential and retail segments are responsible for generating the largest portions of revenue. A majority of the company's revenue is earned in Poland.
66GF Score

Get the complete analysis for FRA:4I3

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

€1.09
Price
€1.73
GF Value