Systemair AB (FRA:52SA) Cyclically Adjusted PS Ratio: 1.51 (As of Jul. 21, 2026) — Near Median

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FRA:52SA Systemair AB FRA:52SA
84 GF Score
Price €7.28
GF Value €7.27
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Systemair AB Cyclically Adjusted PS Ratio?

Systemair AB FRA:52SA -0.95% 84 Cyclically Adjusted PS Ratio is 1.51 as of Jul. 21, 2026, which is 2% below its 10-year median of 1.54. GuruFocus rates FRA:52SA with a GF Score™ of 84/100 and a GF Value™ of €7.27 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,356 Construction companies, Systemair AB ranks worse than 72.86% on this metric.

As of today (2026-07-21), Systemair AB's current share price is €7.28. Systemair AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was €4.82. Systemair AB's Cyclically Adjusted PS Ratio for today is 1.51.

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

FRA:52SA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.54   Max: 2.9
Current: 1.52

During the past years, Systemair AB's highest Cyclically Adjusted PS Ratio was 2.90. The lowest was 0.84. And the median was 1.54.

FRA:52SA's Cyclically Adjusted PS Ratio is ranked worse than
72.86% of 1356 companies
in the Construction industry
Industry Median: 0.7 vs FRA:52SA: 1.52

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.

Systemair AB's adjusted revenue per share data for the three months ended in Apr. 2026 was €1.456. 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 €4.82 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Systemair AB  (FRA:52SA) 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.


Systemair AB Cyclically Adjusted PS Ratio Related Terms


Systemair AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Systemair 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.

Systemair AB Cyclically Adjusted PS Ratio Chart

Systemair AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.97 1.51 1.59 1.32

Systemair AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.59 1.79 1.47 1.62 1.32

FRA:52SA vs TT, JCI, CARR: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, Systemair 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.


Systemair AB Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Systemair AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:52SA
84GF Score
Systemair AB FRA:52SA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Systemair 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.28/4.82
=1.51

* 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.

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

For example, Systemair AB's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1.456/132.7900*132.7900
=1.456

Current CPI (Apr. 2026) = 132.7900.

Systemair AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.834 101.080 1.096
201610 0.877 101.485 1.148
201701 0.869 101.326 1.139
201704 0.865 102.615 1.119
201707 0.919 103.301 1.181
201710 0.932 103.202 1.199
201801 0.869 102.925 1.121
201804 0.846 104.390 1.076
201807 0.936 105.420 1.179
201810 0.995 105.545 1.252
201901 0.943 104.855 1.194
201904 0.983 106.627 1.224
201907 1.028 107.166 1.274
201910 1.105 107.243 1.368
202001 0.975 106.215 1.219
202004 0.896 106.240 1.120
202007 0.974 107.731 1.201
202010 1.027 107.539 1.268
202101 0.954 107.897 1.174
202104 1.044 108.624 1.276
202107 1.086 109.218 1.320
202110 1.154 110.562 1.386
202201 1.058 111.876 1.256
202204 1.240 115.534 1.425
202207 1.296 118.489 1.452
202210 1.334 122.561 1.445
202301 1.305 124.942 1.387
202304 1.325 127.632 1.379
202307 1.313 129.464 1.347
202310 1.315 130.549 1.338
202401 1.204 131.720 1.214
202404 1.271 132.601 1.273
202407 1.295 132.831 1.295
202410 1.324 132.604 1.326
202501 1.274 132.943 1.273
202504 1.315 132.981 1.313
202507 1.329 133.957 1.317
202510 1.436 133.830 1.425
202601 1.291 133.560 1.284
202604 1.456 132.790 1.456

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 1.51 mean?
Systemair AB (FRA:52SA) has a Cyclically Adjusted PS Ratio of 1.51 as of Jul. 21, 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 Systemair AB and its competitors. This is near median its historical median of 1.54. Over the past decade, Systemair AB's Cyclically Adjusted PS Ratio has ranged from 0.84 to 2.90. According to the industry distribution chart, Systemair AB ranks #988 out of 1356 companies in the Construction industry, placing it in the top 72.9%.
Is Systemair AB's Cyclically Adjusted PS Ratio too high?
Systemair AB's current Cyclically Adjusted PS Ratio of 1.51 is near median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.90. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Systemair AB's value of 1.51 is 115.7% above this industry median. Based on the distribution chart, Systemair AB ranks #988 out of 1356 companies in the Construction industry, which is below the industry midpoint. Overall, Systemair AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systemair AB's Cyclically Adjusted PS Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Systemair AB ranks #988 out of 1356 companies for Cyclically Adjusted PS Ratio. This places Systemair AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Systemair AB's value of 1.51 is 115.7% above this benchmark. Historically, Systemair AB's own Cyclically Adjusted PS Ratio has ranged from 0.84 to 2.90 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 0.70, Systemair AB 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, 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. Systemair AB's current Cyclically Adjusted PS Ratio of 1.51 is 115.7% 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 Systemair AB and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Systemair AB's current Cyclically Adjusted PS Ratio is 1.51, which is near median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systemair AB stock overvalued right now?
Based on GuruFocus' analysis, Systemair AB (FRA:52SA) is currently considered Fairly Valued. The stock's GF Value™ is €7.27, compared to a current price of €7.28 — trading 0.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.51, which is near median its 10-year median of 1.54 and 115.7% above the Construction industry median of 0.70. Systemair AB's overall GF Score™ is 84/100 with 1 warning sign 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 Systemair AB (FRA:52SA), the current Cyclically Adjusted PS Ratio is 1.51 as of Jul. 21, 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 Systemair AB (FRA:52SA) Overvalued in 2026?

Based on GuruFocus' analysis, Systemair AB stock appears to be overvalued. The current stock price of €7.28 is trading 0.1% above its estimated GF Value™ of €7.27. GuruFocus considers Systemair AB to be Fairly Valued.

Key valuation signals for FRA:52SA:

  • Cyclically Adjusted PS Ratio: 1.51 (near median its 10-year median of 1.54)
  • GF Value™: €7.27 vs. price of €7.28 (0.1% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 115.7% above the Construction median (#988 of 1356)

No single metric tells the full story. See the FRA:52SA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Systemair AB Business Description

Address Industrivagen 3, Skinnskatteberg, SWE, SE-739 30
Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy-efficient fans. The company also markets products under its Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtains and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. The company generates the majority of its revenue from Europe.
84GF Score

Get the complete analysis for FRA:52SA

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

€7.28
Price
€7.27
GF Value