Fidus Investment (FRA:8QP) Cyclically Adjusted PS Ratio: 6.04 (As of Jul. 28, 2026) — Near Median

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FRA:8QP Fidus Investment Corp FRA:8QP
67 GF Score
Price €16.97
GF Value €20.49
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Fidus Investment Cyclically Adjusted PS Ratio?

Fidus Investment FRA:8QP +0.30% 67 Cyclically Adjusted PS Ratio is 6.04 as of Jul. 28, 2026, which is 8% below its 10-year median of 6.58. GuruFocus rates FRA:8QP with a GF Score™ of 67/100 and a GF Value™ of €20.49 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 906 Asset Management companies, Fidus Investment ranks better than 60.93% on this metric.

As of today (2026-07-28), Fidus Investment's current share price is €16.97. Fidus Investment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2.81. Fidus Investment's Cyclically Adjusted PS Ratio for today is 6.04.

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

FRA:8QP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.71   Med: 6.58   Max: 7.73
Current: 6.04

During the past years, Fidus Investment's highest Cyclically Adjusted PS Ratio was 7.73. The lowest was 2.71. And the median was 6.58.

FRA:8QP's Cyclically Adjusted PS Ratio is ranked better than
60.93% of 906 companies
in the Asset Management industry
Industry Median: 7.675 vs FRA:8QP: 6.04

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.

Fidus Investment's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.528. 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 €2.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fidus Investment  (FRA:8QP) 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.


Fidus Investment Cyclically Adjusted PS Ratio Related Terms


Fidus Investment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fidus 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.

Fidus Investment Cyclically Adjusted PS Ratio Chart

Fidus 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 6.61 6.69 6.63 6.74 5.98

Fidus 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 6.44 6.29 6.24 5.98 5.32

FRA:8QP vs GCMG, RMT, BUI: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Fidus 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.


Fidus Investment Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


FRA:8QP
67GF Score
Fidus Investment Corp FRA:8QP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fidus 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.97/2.81
=6.04

* 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.

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

For example, Fidus 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)
=0.528/330.2130*330.2130
=0.528

Current CPI (Mar. 2026) = 330.2130.

Fidus Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.721 241.018 0.988
201609 0.438 241.428 0.599
201612 0.707 241.432 0.967
201703 0.515 243.801 0.698
201706 0.443 244.955 0.597
201709 0.453 246.819 0.606
201712 0.534 246.524 0.715
201803 0.619 249.554 0.819
201806 0.328 251.989 0.430
201809 0.542 252.439 0.709
201812 0.484 251.233 0.636
201903 0.482 254.202 0.626
201906 0.191 256.143 0.246
201909 0.569 256.759 0.732
201912 0.805 256.974 1.034
202003 -0.884 258.115 -1.131
202006 0.355 257.797 0.455
202009 0.778 260.280 0.987
202012 1.066 260.474 1.351
202103 0.529 264.877 0.659
202106 0.936 271.696 1.138
202109 1.057 274.310 1.272
202112 2.033 278.802 2.408
202203 0.502 287.504 0.577
202206 0.385 296.311 0.429
202209 0.539 296.808 0.600
202212 0.713 296.797 0.793
202303 0.659 301.836 0.721
202306 0.533 305.109 0.577
202309 0.925 307.789 0.992
202312 0.942 306.746 1.014
202403 0.680 312.332 0.719
202406 0.811 314.175 0.852
202409 0.513 315.301 0.537
202412 0.605 315.605 0.633
202503 0.653 319.799 0.674
202506 0.701 322.561 0.718
202509 0.545 324.800 0.554
202512 0.554 324.054 0.565
202603 0.528 330.213 0.528

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 6.04 mean?
Fidus Investment (FRA:8QP) has a Cyclically Adjusted PS Ratio of 6.04 as of Jul. 28, 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 Fidus Investment and its competitors. This is near median its historical median of 6.58. Over the past decade, Fidus Investment's Cyclically Adjusted PS Ratio has ranged from 2.71 to 7.73. According to the industry distribution chart, Fidus Investment ranks #354 out of 906 companies in the Asset Management industry, placing it in the top 39.1%.
Is Fidus Investment's Cyclically Adjusted PS Ratio too high?
Fidus Investment's current Cyclically Adjusted PS Ratio of 6.04 is near median its 10-year median of 6.58. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 7.73. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.68. Fidus Investment's value of 6.04 is 21.3% below this industry median. Based on the distribution chart, Fidus Investment ranks #354 out of 906 companies in the Asset Management industry, which is above the industry midpoint. Overall, Fidus Investment has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fidus Investment's Cyclically Adjusted PS Ratio compare to GCMG and RMT?
According to the Asset Management industry distribution chart, Fidus Investment ranks #354 out of 906 companies for Cyclically Adjusted PS Ratio. This puts Fidus Investment in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.68. Fidus Investment's value of 6.04 is 21.3% below this benchmark. Historically, Fidus Investment's own Cyclically Adjusted PS Ratio has ranged from 2.71 to 7.73 over the past decade. While the company's 10-year median is 6.58 vs. the industry median of 7.68, Fidus 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.68, based on 906 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. Fidus Investment's current Cyclically Adjusted PS Ratio of 6.04 is 21.3% 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 Fidus Investment and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidus Investment's current Cyclically Adjusted PS Ratio is 6.04, which is near median its own 10-year median of 6.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidus Investment stock overvalued right now?
Based on GuruFocus' analysis, Fidus Investment (FRA:8QP) is currently considered Modestly Undervalued. The stock's GF Value™ is €20.49, compared to a current price of €16.97 — trading 17.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.04, which is near median its 10-year median of 6.58 and 21.3% below the Asset Management industry median of 7.68. Fidus Investment's overall GF Score™ is 67/100 with 9 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 Fidus Investment (FRA:8QP), the current Cyclically Adjusted PS Ratio is 6.04 as of Jul. 28, 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 Fidus Investment (FRA:8QP) Overvalued in 2026?

Based on GuruFocus' analysis, Fidus Investment stock appears to be undervalued. The current stock price of €16.97 is trading 17.2% below its estimated GF Value™ of €20.49. GuruFocus considers Fidus Investment to be Modestly Undervalued.

Key valuation signals for FRA:8QP:

  • Cyclically Adjusted PS Ratio: 6.04 (near median its 10-year median of 6.58)
  • GF Value™: €20.49 vs. price of €16.97 (17.2% below fair value)
  • GF Score™: 67/100 with 9 warning signs
  • Industry Position: 21.3% below the Asset Management median (#354 of 906)

No single metric tells the full story. See the FRA:8QP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fidus Investment Business Description

Other Exchanges FDUS:USA
Address 1603 Orrington Avenue, Suite 1005, Evanston, IL, USA, 60201
Fidus Investment Corp is an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company. The company provides customized debt and equity financing solutions to lower middle-market companies. Its investment objective is to provide attractive risk-adjusted returns by generating both current income from debt investments and capital appreciation from equity related investments. The company's portfolio of investment is comprised of securities of companies from different industries such as, Information Technology Services, Business Services, Healthcare Products among others.
67GF Score

Get the complete analysis for FRA:8QP

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

€16.97
Price
€20.49
GF Value