Troax Group AB (FRA:5TOA) Cyclically Adjusted PS Ratio: 3.22 (As of Sep. 17, 2026) — 27% 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:5TOA Troax Group AB FRA:5TOA
91 GF Score
Price €13.48
GF Value €16.03
! 10 Warning Signs
View Full Analysis

What is Troax Group AB Cyclically Adjusted PS Ratio?

Troax Group AB FRA:5TOA +4.17% 91 Cyclically Adjusted PS Ratio is 3.22 as of Sep. 17, 2026, which is 27% below its 10-year median of 4.44. GuruFocus rates FRA:5TOA with a GF Score™ of 91/100 and a GF Value™ of €16.03. The stock has 10 warning signs investors should review. Among 2,302 Industrial Products companies, Troax Group AB ranks worse than 70.85% on this metric.

As of today (2026-09-17), Troax Group AB's current share price is €13.48. Troax Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €4.18. Troax Group AB's Cyclically Adjusted PS Ratio for today is 3.22.

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

FRA:5TOA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.17   Med: 4.44   Max: 6.91
Current: 3.38

During the past years, Troax Group AB's highest Cyclically Adjusted PS Ratio was 6.91. The lowest was 2.17. And the median was 4.44.

FRA:5TOA's Cyclically Adjusted PS Ratio is ranked worse than
70.85% of 2302 companies
in the Industrial Products industry
Industry Median: 1.765 vs FRA:5TOA: 3.38

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.

Troax Group AB's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.407. 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 €4.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Troax Group AB  (FRA:5TOA) 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.


Troax Group AB Cyclically Adjusted PS Ratio Related Terms


Troax Group AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Troax Group 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.

Troax Group AB Cyclically Adjusted PS Ratio Chart

Troax Group 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 0.00 1.72 3.12 5.24 3.45

Troax Group 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 3.36 3.07 3.40 2.05 2.19

FRA:5TOA vs ATI, CRS, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, Troax Group 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.


Troax Group AB Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Troax Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:5TOA
91GF Score
Troax Group AB FRA:5TOA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Troax Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.48/4.183
=3.22

* 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.

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

For example, Troax Group 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)
=1.407/134.6100*134.6100
=1.407

Current CPI (Jun. 2026) = 134.6100.

Troax Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.480 101.138 0.639
201612 0.532 102.022 0.702
201703 0.605 102.022 0.798
201706 0.670 102.752 0.878
201709 0.587 103.279 0.765
201712 0.683 103.793 0.886
201803 0.612 103.962 0.792
201806 0.685 104.875 0.879
201809 0.661 105.679 0.842
201812 0.724 105.912 0.920
201903 0.652 105.886 0.829
201906 0.705 106.742 0.889
201909 0.703 107.214 0.883
201912 0.741 107.766 0.926
202003 0.682 106.563 0.862
202006 0.600 107.498 0.751
202009 0.702 107.635 0.878
202012 0.750 108.296 0.932
202103 0.914 108.360 1.135
202106 1.127 108.928 1.393
202109 1.094 110.338 1.335
202112 1.052 112.486 1.259
202203 1.163 114.825 1.363
202206 1.301 118.384 1.479
202209 1.191 122.296 1.311
202212 1.088 126.365 1.159
202303 1.132 127.042 1.199
202306 1.143 129.407 1.189
202309 1.024 130.224 1.058
202312 1.110 131.912 1.133
202403 1.185 132.205 1.207
202406 1.201 132.716 1.218
202409 1.153 132.304 1.173
202412 1.112 132.987 1.126
202503 1.141 132.825 1.156
202506 1.148 133.699 1.156
202509 1.073 133.480 1.082
202512 1.020 133.380 1.029
202603 1.200 133.550 1.210
202606 1.407 134.610 1.407

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 3.22 mean?
Troax Group AB (FRA:5TOA) has a Cyclically Adjusted PS Ratio of 3.22 as of Sep. 17, 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 Troax Group AB and its competitors. This is 27% below median its historical median of 4.44. Over the past decade, Troax Group AB's Cyclically Adjusted PS Ratio has ranged from 2.17 to 6.91. According to the industry distribution chart, Troax Group AB ranks #1631 out of 2302 companies in the Industrial Products industry, placing it in the top 70.9%.
Is Troax Group AB's Cyclically Adjusted PS Ratio too high?
Troax Group AB's current Cyclically Adjusted PS Ratio of 3.22 is 27% below median its 10-year median of 4.44. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 6.91. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.77. Troax Group AB's value of 3.22 is 82.4% above this industry median. Based on the distribution chart, Troax Group AB ranks #1631 out of 2302 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Troax Group AB has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Troax Group AB's Cyclically Adjusted PS Ratio compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Troax Group AB ranks #1631 out of 2302 companies for Cyclically Adjusted PS Ratio. This places Troax Group AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.77. Troax Group AB's value of 3.22 is 82.4% above this benchmark. Historically, Troax Group AB's own Cyclically Adjusted PS Ratio has ranged from 2.17 to 6.91 over the past decade. While the company's 10-year median is 4.44 vs. the industry median of 1.77, Troax Group 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.77, based on 2,302 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. Troax Group AB's current Cyclically Adjusted PS Ratio of 3.22 is 82.4% 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 Troax Group AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Troax Group AB's current Cyclically Adjusted PS Ratio is 3.22, which is 27% below median its own 10-year median of 4.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Troax Group AB stock overvalued right now?
Troax Group AB (FRA:5TOA) has a current Cyclically Adjusted PS Ratio of 3.22. The stock's GF Value™ is €16.03, compared to a current price of €13.48 — trading 15.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.22, which is 27% below median its 10-year median of 4.44 and 82.4% above the Industrial Products industry median of 1.77. Troax Group AB's overall GF Score™ is 91/100 with 10 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 Troax Group AB (FRA:5TOA), the current Cyclically Adjusted PS Ratio is 3.22 as of Sep. 17, 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 Troax Group AB (FRA:5TOA) Overvalued in 2026?

Based on GuruFocus' analysis, Troax Group AB stock appears to be undervalued. The current stock price of €13.48 is trading 15.9% below its estimated GF Value™ of €16.03.

Key valuation signals for FRA:5TOA:

  • Cyclically Adjusted PS Ratio: 3.22 (27% below median its 10-year median of 4.44)
  • GF Value™: €16.03 vs. price of €13.48 (15.9% below fair value)
  • GF Score™: 91/100 with 10 warning signs
  • Industry Position: 82.4% above the Industrial Products median (#1631 of 2302)

No single metric tells the full story. See the FRA:5TOA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Troax Group AB Business Description

Other Exchanges TROAX:SwedenTROAXs:UK
Address P.O. Box 89, Hillerstorp, SWE, SE-335 04
Troax Group AB is a supplier of indoor perimeter protection (metal-based mesh panel solutions). The company focuses on three business areas namely Property Protection; Machine Guarding and Warehouse Partitioning. It generates maximum revenue from the Machine Guarding business. The Group's net sales are divided into the following five geographical areas: The Nordic region, the UK, Continental Europe, North America, and New markets, it derives a majority of revenue from the Continental Europe region. Machine Guarding comprises Troax's standardized protection solutions for robot cells and automation solutions. The solutions comprise everything from individual mesh panels to complete installations of safety doors and locks equipped with circuit breakers.
91GF Score

Get the complete analysis for FRA:5TOA

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

€13.48
Price
€16.03
GF Value