Arjo AB (FRA:A39) Cyclically Adjusted PS Ratio: 0.64 (As of Jul. 25, 2026) — Near Median

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FRA:A39 Arjo AB FRA:A39
72 GF Score
Price €2.32
GF Value €3.13
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Arjo AB Cyclically Adjusted PS Ratio?

Arjo AB FRA:A39 -1.53% 72 Cyclically Adjusted PS Ratio is 0.64 as of Jul. 25, 2026, which is 6% below its 10-year median of 0.68. GuruFocus rates FRA:A39 with a GF Score™ of 72/100 and a GF Value™ of €3.13 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 89 Medical Distribution companies, Arjo AB ranks worse than 68.54% on this metric.

As of today (2026-07-25), Arjo AB's current share price is €2.324. Arjo AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €3.63. Arjo AB's Cyclically Adjusted PS Ratio for today is 0.64.

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

FRA:A39' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.68   Max: 0.81
Current: 0.67

During the past years, Arjo AB's highest Cyclically Adjusted PS Ratio was 0.81. The lowest was 0.60. And the median was 0.68.

FRA:A39's Cyclically Adjusted PS Ratio is ranked worse than
68.54% of 89 companies
in the Medical Distribution industry
Industry Median: 0.37 vs FRA:A39: 0.67

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.

Arjo AB's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.924. 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 €3.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arjo AB  (FRA:A39) 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.


Arjo AB Cyclically Adjusted PS Ratio Related Terms


Arjo AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Arjo 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.

Arjo AB Cyclically Adjusted PS Ratio Chart

Arjo 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 0.00 0.00 0.00 0.80

Arjo 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 0.00 0.82 0.80 0.62 0.61

FRA:A39 vs MCK, CAH, COR: Cyclically Adjusted PS Ratio Comparison

For the Medical Distribution subindustry, Arjo 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.


Arjo AB Cyclically Adjusted PS Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Arjo AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:A39
72GF Score
Arjo AB FRA:A39
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arjo 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.324/3.63
=0.64

* 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.

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

For example, Arjo 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)
=0.924/134.1100*134.1100
=0.924

Current CPI (Jun. 2026) = 134.1100.

Arjo AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.780 101.138 1.034
201612 0.685 102.022 0.900
201703 0.744 102.022 0.978
201706 0.713 102.752 0.931
201709 0.690 103.279 0.896
201712 0.764 103.793 0.987
201803 0.702 103.962 0.906
201806 0.709 104.875 0.907
201809 0.697 105.679 0.885
201812 0.824 105.912 1.043
201903 0.795 105.886 1.007
201906 0.764 106.742 0.960
201909 0.740 107.214 0.926
201912 0.858 107.766 1.068
202003 0.767 106.563 0.965
202006 0.792 107.498 0.988
202009 0.755 107.635 0.941
202012 0.865 108.296 1.071
202103 0.783 108.360 0.969
202106 0.798 108.928 0.982
202109 0.811 110.338 0.986
202112 0.878 112.486 1.047
202203 0.826 114.825 0.965
202206 0.832 118.384 0.943
202209 0.856 122.296 0.939
202212 0.897 126.365 0.952
202303 0.863 127.042 0.911
202306 0.845 129.407 0.876
202309 0.862 130.224 0.888
202312 0.945 131.912 0.961
202403 0.895 132.205 0.908
202406 0.914 132.716 0.924
202409 0.884 132.304 0.896
202412 0.954 132.987 0.962
202503 0.960 132.825 0.969
202506 0.893 133.699 0.896
202509 0.883 133.480 0.887
202512 0.949 133.390 0.954
202603 0.920 133.560 0.924
202606 0.924 134.110 0.924

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 0.64 mean?
Arjo AB (FRA:A39) has a Cyclically Adjusted PS Ratio of 0.64 as of Jul. 25, 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 Arjo AB and its competitors. This is near median its historical median of 0.68. Over the past decade, Arjo AB's Cyclically Adjusted PS Ratio has ranged from 0.60 to 0.81. According to the industry distribution chart, Arjo AB ranks #61 out of 89 companies in the Medical Distribution industry, placing it in the top 68.5%.
Is Arjo AB's Cyclically Adjusted PS Ratio too high?
Arjo AB's current Cyclically Adjusted PS Ratio of 0.64 is near median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 0.81. The Medical Distribution industry median Cyclically Adjusted PS Ratio is 0.37. Arjo AB's value of 0.64 is 73% above this industry median. Based on the distribution chart, Arjo AB ranks #61 out of 89 companies in the Medical Distribution industry, which is below the industry midpoint. Overall, Arjo AB has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arjo AB's Cyclically Adjusted PS Ratio compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Arjo AB ranks #61 out of 89 companies for Cyclically Adjusted PS Ratio. This places Arjo AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.37. Arjo AB's value of 0.64 is 73% above this benchmark. Historically, Arjo AB's own Cyclically Adjusted PS Ratio has ranged from 0.60 to 0.81 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.37, Arjo 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 Medical Distribution company?
The median Cyclically Adjusted PS Ratio among Medical Distribution companies is 0.37, based on 89 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. Arjo AB's current Cyclically Adjusted PS Ratio of 0.64 is 73% 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 Arjo AB and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PS Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arjo AB's current Cyclically Adjusted PS Ratio is 0.64, which is near median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arjo AB stock overvalued right now?
Based on GuruFocus' analysis, Arjo AB (FRA:A39) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.13, compared to a current price of €2.32 — trading 25.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.64, which is near median its 10-year median of 0.68 and 73% above the Medical Distribution industry median of 0.37. Arjo AB's overall GF Score™ is 72/100 with 5 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 Arjo AB (FRA:A39), the current Cyclically Adjusted PS Ratio is 0.64 as of Jul. 25, 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 Arjo AB (FRA:A39) Overvalued in 2026?

Based on GuruFocus' analysis, Arjo AB stock appears to be undervalued. The current stock price of €2.32 is trading 25.8% below its estimated GF Value™ of €3.13. GuruFocus considers Arjo AB to be Modestly Undervalued.

Key valuation signals for FRA:A39:

  • Cyclically Adjusted PS Ratio: 0.64 (near median its 10-year median of 0.68)
  • GF Value™: €3.13 vs. price of €2.32 (25.8% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 73% above the Medical Distribution median (#61 of 89)

No single metric tells the full story. See the FRA:A39 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arjo AB Business Description

Address Hans Michelsensgatan 10, Box 48, Malmo, SWE, SE-201 20
Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. The company includes segments: Global Sales, North America, Diagnostics.
72GF Score

Get the complete analysis for FRA:A39

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

€2.32
Price
€3.13
GF Value