Clavister Holding AB (FRA:89P) Cyclically Adjusted PS Ratio: 3.03 (As of Jul. 17, 2026) — 186% Above Median

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FRA:89P Clavister Holding AB FRA:89P
44 GF Score
Price €0.42
GF Value €0.16
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Clavister Holding AB Cyclically Adjusted PS Ratio?

Clavister Holding AB FRA:89P +3.51% 44 Cyclically Adjusted PS Ratio is 3.03 as of Jul. 17, 2026, which is 186% above its 10-year median of 1.06. GuruFocus rates FRA:89P with a GF Score™ of 44/100 and a GF Value™ of €0.16 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,590 Software companies, Clavister Holding AB ranks worse than 66.6% on this metric.

As of today (2026-07-17), Clavister Holding AB's current share price is €0.4246. Clavister Holding AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.14. Clavister Holding AB's Cyclically Adjusted PS Ratio for today is 3.03.

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

FRA:89P' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.06   Max: 3.29
Current: 2.91

During the past years, Clavister Holding AB's highest Cyclically Adjusted PS Ratio was 3.29. The lowest was 0.46. And the median was 1.06.

FRA:89P's Cyclically Adjusted PS Ratio is ranked worse than
66.6% of 1590 companies
in the Software industry
Industry Median: 1.665 vs FRA:89P: 2.91

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.

Clavister Holding AB's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.018. 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 €0.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clavister Holding AB  (FRA:89P) 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.


Clavister Holding AB Cyclically Adjusted PS Ratio Related Terms


Clavister Holding AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Clavister Holding 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.

Clavister Holding AB Cyclically Adjusted PS Ratio Chart

Clavister Holding 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 0.71 0.63 1.24 1.69

Clavister Holding AB 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 1.95 2.56 2.65 1.69 2.50

FRA:89P vs MSFT, ORCL, PLTR: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Clavister Holding 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.


Clavister Holding AB Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Clavister Holding AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:89P
44GF Score
Clavister Holding AB FRA:89P
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clavister Holding 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.4246/0.14
=3.03

* 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.

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

For example, Clavister Holding AB'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)
=0.018/133.5600*133.5600
=0.018

Current CPI (Mar. 2026) = 133.5600.

Clavister Holding AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.043 101.019 0.057
201609 0.038 101.138 0.050
201612 0.051 102.022 0.067
201703 0.043 102.022 0.056
201706 0.043 102.752 0.056
201709 0.049 103.279 0.063
201712 0.070 103.793 0.090
201803 0.039 103.962 0.050
201806 0.046 104.875 0.059
201809 0.046 105.679 0.058
201812 0.046 105.912 0.058
201903 0.039 105.886 0.049
201906 0.048 106.742 0.060
201909 0.046 107.214 0.057
201912 0.042 107.766 0.052
202003 0.045 106.563 0.056
202006 0.041 107.498 0.051
202009 0.063 107.635 0.078
202012 0.034 108.296 0.042
202103 0.027 108.360 0.033
202106 0.027 108.928 0.033
202109 0.028 110.338 0.034
202112 0.029 112.486 0.034
202203 0.026 114.825 0.030
202206 0.028 118.384 0.032
202209 0.026 122.296 0.028
202212 0.027 126.365 0.029
202303 0.026 127.042 0.027
202306 0.027 129.407 0.028
202309 0.026 130.224 0.027
202312 0.034 131.912 0.034
202403 0.021 132.205 0.021
202406 0.013 132.716 0.013
202409 0.012 132.304 0.012
202412 0.016 132.987 0.016
202503 0.015 132.825 0.015
202506 0.015 133.699 0.015
202509 0.014 133.480 0.014
202512 0.016 133.390 0.016
202603 0.018 133.560 0.018

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 3.03 mean?
Clavister Holding AB (FRA:89P) has a Cyclically Adjusted PS Ratio of 3.03 as of Jul. 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 Clavister Holding AB and its competitors. This is 186% above median its historical median of 1.06. Over the past decade, Clavister Holding AB's Cyclically Adjusted PS Ratio has ranged from 0.46 to 3.29. According to the industry distribution chart, Clavister Holding AB ranks #1059 out of 1590 companies in the Software industry, placing it in the top 66.6%.
Is Clavister Holding AB's Cyclically Adjusted PS Ratio too high?
Clavister Holding AB's current Cyclically Adjusted PS Ratio of 3.03 is 186% above median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 3.29. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Clavister Holding AB's value of 3.03 is 82% above this industry median. Based on the distribution chart, Clavister Holding AB ranks #1059 out of 1590 companies in the Software industry, which is below the industry midpoint. Overall, Clavister Holding AB has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clavister Holding AB's Cyclically Adjusted PS Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Clavister Holding AB ranks #1059 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Clavister Holding AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Clavister Holding AB's value of 3.03 is 82% above this benchmark. Historically, Clavister Holding AB's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 3.29 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.67, Clavister Holding 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.67, based on 1,590 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. Clavister Holding AB's current Cyclically Adjusted PS Ratio of 3.03 is 82% 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 Clavister Holding AB and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clavister Holding AB's current Cyclically Adjusted PS Ratio is 3.03, which is 186% above median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clavister Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Clavister Holding AB (FRA:89P) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.16, compared to a current price of €0.42 — trading 165.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.03, which is 186% above median its 10-year median of 1.06 and 82% above the Software industry median of 1.67. Clavister Holding AB's overall GF Score™ is 44/100 with 3 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 Clavister Holding AB (FRA:89P), the current Cyclically Adjusted PS Ratio is 3.03 as of Jul. 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 Clavister Holding AB (FRA:89P) Overvalued in 2026?

Based on GuruFocus' analysis, Clavister Holding AB stock appears to be overvalued. The current stock price of €0.42 is trading 165.4% above its estimated GF Value™ of €0.16. GuruFocus considers Clavister Holding AB to be Significantly Overvalued.

Key valuation signals for FRA:89P:

  • Cyclically Adjusted PS Ratio: 3.03 (186% above median its 10-year median of 1.06)
  • GF Value™: €0.16 vs. price of €0.42 (165.4% above fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 82% above the Software median (#1059 of 1590)

No single metric tells the full story. See the FRA:89P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clavister Holding AB Business Description

Other Exchanges CLAV:Sweden0G6X:UK
Address Sjogatan 6 J, Ornskoldsvik, SWE, 891 60
Clavister Holding AB management evaluates the group mainly through order development. It is engaged in the development, production, and sales of network security solutions. Its proprietary security platform, it is specifically designed to meet the cybersecurity demands of tactical, mobile, and space-constrained environments. The company's services are Technical Support, Professional Services, and trainings. The company's products are Clavister Netwall, Clavister NetShield, Clavister CyberArmour, Clavister IdAuth Cloud, Clavister IdSign, Clavister IdSphere, Clavister TactiGate XD, etc.
44GF Score

Get the complete analysis for FRA:89P

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

€0.42
Price
€0.16
GF Value