Ardmore Shipping (FRA:A61) Cyclically Adjusted PS Ratio: 1.80 (As of Aug. 08, 2026) — Near Median

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FRA:A61 Ardmore Shipping Corp FRA:A61
76 GF Score
Price €14.66
GF Value €11.06
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ardmore Shipping Cyclically Adjusted PS Ratio?

Ardmore Shipping FRA:A61 +3.82% 76 Cyclically Adjusted PS Ratio is 1.80 as of Aug. 08, 2026, which is 9% above its 10-year median of 1.65. GuruFocus rates FRA:A61 with a GF Score™ of 76/100 and a GF Value™ of €11.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 763 Transportation companies, Ardmore Shipping ranks worse than 69.72% on this metric.

As of today (2026-08-08), Ardmore Shipping's current share price is €14.66. Ardmore Shipping's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €8.15. Ardmore Shipping's Cyclically Adjusted PS Ratio for today is 1.80.

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

FRA:A61' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.65   Max: 2.85
Current: 1.87

During the past years, Ardmore Shipping's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 0.57. And the median was 1.65.

FRA:A61's Cyclically Adjusted PS Ratio is ranked worse than
69.72% of 763 companies
in the Transportation industry
Industry Median: 0.9 vs FRA:A61: 1.87

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.

Ardmore Shipping's adjusted revenue per share data for the three months ended in Jun. 2026 was €2.462. 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 €8.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ardmore Shipping  (FRA:A61) 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.


Ardmore Shipping Cyclically Adjusted PS Ratio Related Terms


Ardmore Shipping Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ardmore Shipping'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.

Ardmore Shipping Cyclically Adjusted PS Ratio Chart

Ardmore Shipping 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 0.58 2.08 1.82 1.41 1.21

Ardmore Shipping 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 1.09 1.35 1.21 1.71 1.54

FRA:A61 vs SB, ESEA, PANL: Cyclically Adjusted PS Ratio Comparison

For the Marine Shipping subindustry, Ardmore Shipping'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.


Ardmore Shipping Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:A61
76GF Score
Ardmore Shipping Corp FRA:A61
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ardmore Shipping 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.

Ardmore Shipping's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.66/8.15
=1.80

* 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.

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

For example, Ardmore Shipping'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)
=2.462/333.9520*333.9520
=2.462

Current CPI (Jun. 2026) = 333.9520.

Ardmore Shipping Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.009 241.428 1.396
201612 1.218 241.432 1.685
201703 1.383 243.801 1.894
201706 1.321 244.955 1.801
201709 1.216 246.819 1.645
201712 1.222 246.524 1.655
201803 1.262 249.554 1.689
201806 1.371 251.989 1.817
201809 1.267 252.439 1.676
201812 1.551 251.233 2.062
201903 1.665 254.202 2.187
201906 1.470 256.143 1.917
201909 1.429 256.759 1.859
201912 1.650 256.974 2.144
202003 1.771 258.115 2.291
202006 1.808 257.797 2.342
202009 1.153 260.280 1.479
202012 1.032 260.474 1.323
202103 1.149 264.877 1.449
202106 1.171 271.696 1.439
202109 1.168 274.310 1.422
202112 1.351 278.802 1.618
202203 1.671 287.504 1.941
202206 2.849 296.311 3.211
202209 3.586 296.808 4.035
202212 2.940 296.797 3.308
202303 2.649 301.836 2.931
202306 2.034 305.109 2.226
202309 1.951 307.789 2.117
202312 2.156 306.746 2.347
202403 2.333 312.332 2.494
202406 2.683 314.175 2.852
202409 2.044 315.301 2.165
202412 1.871 315.605 1.980
202503 1.685 319.799 1.760
202506 1.535 322.561 1.589
202509 1.700 324.800 1.748
202512 1.726 324.054 1.779
202603 1.861 330.213 1.882
202606 2.462 333.952 2.462

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 1.80 mean?
Ardmore Shipping (FRA:A61) has a Cyclically Adjusted PS Ratio of 1.80 as of Aug. 08, 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 Ardmore Shipping and its competitors. This is near median its historical median of 1.65. Over the past decade, Ardmore Shipping's Cyclically Adjusted PS Ratio has ranged from 0.57 to 2.85. According to the industry distribution chart, Ardmore Shipping ranks #532 out of 763 companies in the Transportation industry, placing it in the top 69.7%.
Is Ardmore Shipping's Cyclically Adjusted PS Ratio too high?
Ardmore Shipping's current Cyclically Adjusted PS Ratio of 1.80 is near median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.85. The Transportation industry median Cyclically Adjusted PS Ratio is 0.90. Ardmore Shipping's value of 1.80 is 100% above this industry median. Based on the distribution chart, Ardmore Shipping ranks #532 out of 763 companies in the Transportation industry, which is below the industry midpoint. Overall, Ardmore Shipping has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ardmore Shipping's Cyclically Adjusted PS Ratio compare to SB and ESEA?
According to the Transportation industry distribution chart, Ardmore Shipping ranks #532 out of 763 companies for Cyclically Adjusted PS Ratio. This places Ardmore Shipping in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. Ardmore Shipping's value of 1.80 is 100% above this benchmark. Historically, Ardmore Shipping's own Cyclically Adjusted PS Ratio has ranged from 0.57 to 2.85 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 0.90, Ardmore Shipping 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.90, based on 763 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. Ardmore Shipping's current Cyclically Adjusted PS Ratio of 1.80 is 100% 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 Ardmore Shipping and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ardmore Shipping's current Cyclically Adjusted PS Ratio is 1.80, which is near median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardmore Shipping stock overvalued right now?
Based on GuruFocus' analysis, Ardmore Shipping (FRA:A61) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.06, compared to a current price of €14.66 — trading 32.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.80, which is near median its 10-year median of 1.65 and 100% above the Transportation industry median of 0.90. Ardmore Shipping's overall GF Score™ is 76/100 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 Ardmore Shipping (FRA:A61), the current Cyclically Adjusted PS Ratio is 1.80 as of Aug. 08, 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 Ardmore Shipping (FRA:A61) Overvalued in 2026?

Based on GuruFocus' analysis, Ardmore Shipping stock appears to be overvalued. The current stock price of €14.66 is trading 32.5% above its estimated GF Value™ of €11.06. GuruFocus considers Ardmore Shipping to be Significantly Overvalued.

Key valuation signals for FRA:A61:

  • Cyclically Adjusted PS Ratio: 1.80 (near median its 10-year median of 1.65)
  • GF Value™: €11.06 vs. price of €14.66 (32.5% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 100% above the Transportation median (#532 of 763)

No single metric tells the full story. See the FRA:A61 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ardmore Shipping Business Description

Other Exchanges ASC:USAA61:Germany
Address 7 Church Street, Dorchester House, Hamilton, BMU, HM11
Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The company markets its services directly to its customers and commercial pool operators and charters its vessels to them through a combination of spot, commercial pooling, and time-charter arrangements. The majority of its revenue is generated from spot voyages, which typically last less than three months.
76GF Score

Get the complete analysis for FRA:A61

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

€14.66
Price
€11.06
GF Value