Alma Media Oyj (FRA:A4M) Cyclically Adjusted PS Ratio: 3.38 (As of Aug. 06, 2026) — 54% Above Median

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FRA:A4M Alma Media Oyj FRA:A4M
86 GF Score
Price €13.30
GF Value €12.10
! 1 Warning Sign
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What is Alma Media Oyj Cyclically Adjusted PS Ratio?

Alma Media Oyj FRA:A4M -0.37% 86 Cyclically Adjusted PS Ratio is 3.38 as of Aug. 06, 2026, which is 54% above its 10-year median of 2.19. GuruFocus rates FRA:A4M with a GF Score™ of 86/100 and a GF Value™ of €12.10. The stock has 1 warning sign investors should review. Among 727 Media - Diversified companies, Alma Media Oyj ranks worse than 87.35% on this metric.

As of today (2026-08-06), Alma Media Oyj's current share price is €13.30. Alma Media Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €3.94. Alma Media Oyj's Cyclically Adjusted PS Ratio for today is 3.38.

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

FRA:A4M' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.19   Max: 3.89
Current: 3.33

During the past years, Alma Media Oyj's highest Cyclically Adjusted PS Ratio was 3.89. The lowest was 0.94. And the median was 2.19.

FRA:A4M's Cyclically Adjusted PS Ratio is ranked worse than
87.35% of 727 companies
in the Media - Diversified industry
Industry Median: 0.77 vs FRA:A4M: 3.33

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.

Alma Media Oyj's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.989. 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 €3.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alma Media Oyj  (FRA:A4M) 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.


Alma Media Oyj Cyclically Adjusted PS Ratio Related Terms


Alma Media Oyj Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Alma Media Oyj'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.

Alma Media Oyj Cyclically Adjusted PS Ratio Chart

Alma Media Oyj 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 2.77 2.27 2.29 2.69 3.57

Alma Media Oyj 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 2.97 3.29 3.54 3.57 3.12

FRA:A4M vs NYT, WLY: Cyclically Adjusted PS Ratio Comparison

For the Publishing subindustry, Alma Media Oyj'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.


Alma Media Oyj Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alma Media Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Alma Media Oyj's Cyclically Adjusted PS Ratio falls into.


FRA:A4M
86GF Score
Alma Media Oyj FRA:A4M
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alma Media Oyj 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.

Alma Media Oyj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.30/3.94
=3.38

* 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.

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

For example, Alma Media Oyj'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)
=0.989/124.6700*124.6700
=0.989

Current CPI (Mar. 2026) = 124.6700.

Alma Media Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.117 100.390 1.387
201609 0.982 100.540 1.218
201612 1.136 101.020 1.402
201703 1.099 100.910 1.358
201706 1.137 101.140 1.402
201709 1.044 101.320 1.285
201712 1.136 101.510 1.395
201803 1.119 101.730 1.371
201806 1.079 102.320 1.315
201809 0.990 102.600 1.203
201812 -0.093 102.710 -0.113
201903 0.755 102.870 0.915
201906 0.765 103.360 0.923
201909 0.694 103.540 0.836
201912 0.790 103.650 0.950
202003 0.742 103.490 0.894
202006 0.630 103.320 0.760
202009 0.644 103.710 0.774
202012 0.737 103.890 0.884
202103 0.693 104.870 0.824
202106 0.852 105.360 1.008
202109 0.806 106.290 0.945
202112 0.932 107.490 1.081
202203 0.914 110.950 1.027
202206 0.947 113.570 1.040
202209 0.890 114.920 0.966
202212 0.941 117.320 1.000
202303 0.904 119.750 0.941
202306 0.934 120.690 0.965
202309 0.878 121.280 0.903
202312 0.933 121.540 0.957
202403 0.911 122.360 0.928
202406 0.953 122.230 0.972
202409 0.895 122.260 0.913
202412 0.966 122.390 0.984
202503 0.944 123.010 0.957
202506 0.992 122.530 1.009
202509 0.939 122.880 0.953
202512 1.006 122.670 1.022
202603 0.989 124.670 0.989

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 3.38 mean?
Alma Media Oyj (FRA:A4M) has a Cyclically Adjusted PS Ratio of 3.38 as of Aug. 06, 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 Alma Media Oyj and its competitors. This is 54% above median its historical median of 2.19. Over the past decade, Alma Media Oyj's Cyclically Adjusted PS Ratio has ranged from 0.94 to 3.89. According to the industry distribution chart, Alma Media Oyj ranks #635 out of 727 companies in the Media - Diversified industry, placing it in the top 87.3%.
Is Alma Media Oyj's Cyclically Adjusted PS Ratio too high?
Alma Media Oyj's current Cyclically Adjusted PS Ratio of 3.38 is 54% above median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 3.89. The Media - Diversified industry median Cyclically Adjusted PS Ratio is 0.77. Alma Media Oyj's value of 3.38 is 339% above this industry median. Based on the distribution chart, Alma Media Oyj ranks #635 out of 727 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Alma Media Oyj has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Alma Media Oyj's Cyclically Adjusted PS Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Alma Media Oyj ranks #635 out of 727 companies for Cyclically Adjusted PS Ratio. This places Alma Media Oyj in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.77. Alma Media Oyj's value of 3.38 is 339% above this benchmark. Historically, Alma Media Oyj's own Cyclically Adjusted PS Ratio has ranged from 0.94 to 3.89 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 0.77, Alma Media Oyj 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 Media - Diversified company?
The median Cyclically Adjusted PS Ratio among Media - Diversified companies is 0.77, based on 727 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. Alma Media Oyj's current Cyclically Adjusted PS Ratio of 3.38 is 339% 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 Alma Media Oyj and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alma Media Oyj's current Cyclically Adjusted PS Ratio is 3.38, which is 54% above median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alma Media Oyj stock overvalued right now?
Alma Media Oyj (FRA:A4M) has a current Cyclically Adjusted PS Ratio of 3.38. The stock's GF Value™ is €12.10, compared to a current price of €13.30 — trading 9.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.38, which is 54% above median its 10-year median of 2.19 and 339% above the Media - Diversified industry median of 0.77. Alma Media Oyj's overall GF Score™ is 86/100 with 1 warning sign 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 Alma Media Oyj (FRA:A4M), the current Cyclically Adjusted PS Ratio is 3.38 as of Aug. 06, 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 Alma Media Oyj (FRA:A4M) Overvalued in 2026?

Based on GuruFocus' analysis, Alma Media Oyj stock appears to be overvalued. The current stock price of €13.30 is trading 9.9% above its estimated GF Value™ of €12.10.

Key valuation signals for FRA:A4M:

  • Cyclically Adjusted PS Ratio: 3.38 (54% above median its 10-year median of 2.19)
  • GF Value™: €12.10 vs. price of €13.30 (9.9% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 339% above the Media - Diversified median (#635 of 727)

No single metric tells the full story. See the FRA:A4M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alma Media Oyj Business Description

Other Exchanges 0DJN:UKALMA:Finland
Address Alvar Aallon katu 3 C, P.O. Box 140, Helsinki, FIN, FI-00101
Alma Media Oyj is a media and service company focusing on digital services and publishing. In addition to news content, the Group's products provide useful information related to lifestyle, career, and business development. The business segments include Alma Career, Alma Marketplaces, and Alma News Media. It generates maximum revenue from the Alma Career segment. The company operates in Finland, Sweden, Baltics, Croatia, Slovakia, Czech Republic, and others, with the maximum revenue from Finland.
86GF Score

Get the complete analysis for FRA:A4M

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

€13.30
Price
€12.10
GF Value