Stepan Co (FRA:96S) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:96S Stepan Co FRA:96S
80 GF Score
Price €54.50
GF Value €60.30
! 8 Warning Signs
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What is Stepan Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stepan Co  (FRA:96S) 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.


Stepan Co Cyclically Adjusted PS Ratio Related Terms


Stepan Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Stepan Co'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.

Stepan Co Cyclically Adjusted PS Ratio Chart

Stepan Co 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 1.38 1.15 0.93 0.66 0.41

Stepan Co 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 0.49 0.41 0.41 0.44 0.48

FRA:96S vs ODC, ECVT, KRO: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Stepan Co'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.


Stepan Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Stepan Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:96S
80GF Score
Stepan Co FRA:96S
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Stepan Co 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.

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

For example, Stepan Co'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)
=25.666/333.9520*333.9520
=25.666

Current CPI (Jun. 2026) = 333.9520.

Stepan Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 17.227 241.428 23.829
201612 16.717 241.432 23.123
201703 18.831 243.801 25.794
201706 19.242 244.955 26.233
201709 17.782 246.819 24.059
201712 17.179 246.524 23.271
201803 17.371 249.554 23.246
201806 18.731 251.989 24.824
201809 18.754 252.439 24.810
201812 17.803 251.233 23.665
201903 18.464 254.202 24.257
201906 18.044 256.143 23.525
201909 17.432 256.759 22.673
201912 17.249 256.974 22.416
202003 17.542 258.115 22.696
202006 18.039 257.797 23.368
202009 17.112 260.280 21.956
202012 17.798 260.474 22.819
202103 19.136 264.877 24.126
202106 21.176 271.696 26.028
202109 22.019 274.310 26.806
202112 22.951 278.802 27.491
202203 25.983 287.504 30.181
202206 30.591 296.311 34.477
202209 30.997 296.808 34.876
202212 26.756 296.797 30.105
202303 26.405 301.836 29.215
202306 23.225 305.109 25.421
202309 22.538 307.789 24.454
202312 21.713 306.746 23.639
202403 22.139 312.332 23.671
202406 22.533 314.175 23.951
202409 21.716 315.301 23.001
202412 21.506 315.605 22.756
202503 24.626 319.799 25.716
202506 22.932 322.561 23.742
202509 22.064 324.800 22.686
202512 20.789 324.054 21.424
202603 22.575 330.213 22.831
202606 25.666 333.952 25.666

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.

Is Stepan Co (FRA:96S) Overvalued in 2026?

Based on GuruFocus' analysis, Stepan Co stock appears to be undervalued. The current stock price of €54.50 is trading 9.6% below its estimated GF Value™ of €60.30.

Key valuation signals for FRA:96S:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €60.30 vs. price of €54.50 (9.6% below fair value)
  • GF Score™: 80/100 with 8 warning signs

No single metric tells the full story. See the FRA:96S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stepan Co Business Description

Other Exchanges SCL:USA
Address 1101 Skokie Boulevard, Suite 500, Northbrook, IL, USA, 60062
Stepan Co manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on product type. The surfactants segment, which generates the majority of revenue, sells cleaning agents used in detergents, shampoos, body wash, fabric softeners, toothpastes, and other personal-care products. The polymers segment sells polyurethane used to manufacture rigid foam for thermal insulation, as well as phthalic anhydride used to make plastic components for the construction, automotive, and boating industries. The specialty products segment sells chemicals used in food and flavoring. The majority of Stepan's revenue comes from the United States, followed by France, Poland, the United Kingdom, Brazil, Mexico, and other countries.
80GF Score

Get the complete analysis for FRA:96S

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

€54.50
Price
€60.30
GF Value