Quercus TFI (FRA:85R) Cyclically Adjusted PS Ratio: 5.04 (As of Jul. 21, 2026) — 61% Above Median

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FRA:85R Quercus TFI SA FRA:85R
72 GF Score
Price €2.87
GF Value €3.22
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Quercus TFI Cyclically Adjusted PS Ratio?

Quercus TFI FRA:85R -1.20% 72 Cyclically Adjusted PS Ratio is 5.04 as of Jul. 21, 2026, which is 61% above its 10-year median of 3.13. GuruFocus rates FRA:85R with a GF Score™ of 72/100 and a GF Value™ of €3.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 904 Asset Management companies, Quercus TFI ranks better than 64.93% on this metric.

As of today (2026-07-21), Quercus TFI's current share price is €2.87. Quercus TFI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.57. Quercus TFI's Cyclically Adjusted PS Ratio for today is 5.04.

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

FRA:85R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.47   Med: 3.13   Max: 5.57
Current: 5.12

During the past years, Quercus TFI's highest Cyclically Adjusted PS Ratio was 5.57. The lowest was 1.47. And the median was 3.13.

FRA:85R's Cyclically Adjusted PS Ratio is ranked better than
64.93% of 904 companies
in the Asset Management industry
Industry Median: 7.63 vs FRA:85R: 5.12

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.

Quercus TFI's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.255. 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 €0.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quercus TFI  (FRA:85R) 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.


Quercus TFI Cyclically Adjusted PS Ratio Related Terms


Quercus TFI Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Quercus TFI'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.

Quercus TFI Cyclically Adjusted PS Ratio Chart

Quercus TFI 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 2.55 1.64 2.85 3.50 5.21

Quercus TFI 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 4.23 4.57 4.61 5.21 4.14

FRA:85R vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Quercus TFI'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.


Quercus TFI Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Quercus TFI's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:85R
72GF Score
Quercus TFI SA FRA:85R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quercus TFI 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.

Quercus TFI's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.87/0.57
=5.04

* 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.

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

For example, Quercus TFI'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)
=0.255/163.0700*163.0700
=0.255

Current CPI (Mar. 2026) = 163.0700.

Quercus TFI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.081 99.552 0.133
201609 0.081 99.064 0.133
201612 0.120 100.366 0.195
201703 0.102 101.018 0.165
201706 0.107 101.180 0.172
201709 0.110 101.343 0.177
201712 0.138 102.564 0.219
201803 0.099 102.564 0.157
201806 0.089 103.378 0.140
201809 0.078 103.378 0.123
201812 0.077 103.785 0.121
201903 0.053 104.274 0.083
201906 0.053 105.983 0.082
201909 0.057 105.983 0.088
201912 0.081 107.123 0.123
202003 0.052 109.076 0.078
202006 0.046 109.402 0.069
202009 0.046 109.320 0.069
202012 0.091 109.565 0.135
202103 0.044 112.658 0.064
202106 0.055 113.960 0.079
202109 0.058 115.588 0.082
202112 0.165 119.088 0.226
202203 0.100 125.031 0.130
202206 0.091 131.705 0.113
202209 0.083 135.531 0.100
202212 0.096 139.113 0.113
202303 0.084 145.950 0.094
202306 0.096 147.009 0.106
202309 0.102 146.113 0.114
202312 0.214 147.741 0.236
202403 0.123 149.044 0.135
202406 0.149 150.997 0.161
202409 0.142 153.439 0.151
202412 0.244 154.660 0.257
202503 0.158 157.021 0.164
202506 0.216 157.509 0.224
202509 0.235 158.000 0.243
202512 0.323 158.320 0.333
202603 0.255 163.070 0.255

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 5.04 mean?
Quercus TFI (FRA:85R) has a Cyclically Adjusted PS Ratio of 5.04 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 Quercus TFI and its competitors. This is 61% above median its historical median of 3.13. Over the past decade, Quercus TFI's Cyclically Adjusted PS Ratio has ranged from 1.47 to 5.57. According to the industry distribution chart, Quercus TFI ranks #317 out of 904 companies in the Asset Management industry, placing it in the top 35.1%.
Is Quercus TFI's Cyclically Adjusted PS Ratio too high?
Quercus TFI's current Cyclically Adjusted PS Ratio of 5.04 is 61% above median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 5.57. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.63. Quercus TFI's value of 5.04 is 33.9% below this industry median. Based on the distribution chart, Quercus TFI ranks #317 out of 904 companies in the Asset Management industry, which is above the industry midpoint. Overall, Quercus TFI has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quercus TFI's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Quercus TFI ranks #317 out of 904 companies for Cyclically Adjusted PS Ratio. This puts Quercus TFI in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.63. Quercus TFI's value of 5.04 is 33.9% below this benchmark. Historically, Quercus TFI's own Cyclically Adjusted PS Ratio has ranged from 1.47 to 5.57 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 7.63, Quercus TFI 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.63, based on 904 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. Quercus TFI's current Cyclically Adjusted PS Ratio of 5.04 is 33.9% 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 Quercus TFI and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quercus TFI's current Cyclically Adjusted PS Ratio is 5.04, which is 61% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quercus TFI stock overvalued right now?
Based on GuruFocus' analysis, Quercus TFI (FRA:85R) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.22, compared to a current price of €2.87 — trading 10.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.04, which is 61% above median its 10-year median of 3.13 and 33.9% below the Asset Management industry median of 7.63. Quercus TFI's overall GF Score™ is 72/100 with 2 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 Quercus TFI (FRA:85R), the current Cyclically Adjusted PS Ratio is 5.04 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 Quercus TFI (FRA:85R) Overvalued in 2026?

Based on GuruFocus' analysis, Quercus TFI stock appears to be undervalued. The current stock price of €2.87 is trading 10.9% below its estimated GF Value™ of €3.22. GuruFocus considers Quercus TFI to be Modestly Undervalued.

Key valuation signals for FRA:85R:

  • Cyclically Adjusted PS Ratio: 5.04 (61% above median its 10-year median of 3.13)
  • GF Value™: €3.22 vs. price of €2.87 (10.9% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 33.9% below the Asset Management median (#317 of 904)

No single metric tells the full story. See the FRA:85R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quercus TFI Business Description

Other Exchanges QRS:Poland
Address ul. Nowy Swiat 6/12, Warsaw, POL, 00400
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.
72GF Score

Get the complete analysis for FRA:85R

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

€2.87
Price
€3.22
GF Value