artec technologies AG (FRA:A6T) Cyclically Adjusted PS Ratio: 2.03 (As of Aug. 12, 2026) — Near Median

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FRA:A6T artec technologies AG FRA:A6T
83 GF Score
Price €2.19
GF Value €2.16
Valuation Fairly Valued
! 1 Warning Sign
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What is artec technologies AG Cyclically Adjusted PS Ratio?

artec technologies AG FRA:A6T +1.86% 83 Cyclically Adjusted PS Ratio is 2.03 as of Aug. 12, 2026, which is 9% below its 10-year median of 2.24. GuruFocus rates FRA:A6T with a GF Score™ of 83/100 and a GF Value™ of €2.16 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,978 Hardware companies, artec technologies AG ranks worse than 59.15% on this metric.

As of today (2026-08-12), artec technologies AG's current share price is €2.19. artec technologies AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €1.08. artec technologies AG's Cyclically Adjusted PS Ratio for today is 2.03.

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

FRA:A6T' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.24   Max: 4.82
Current: 1.95

During the past 13 years, artec technologies AG's highest Cyclically Adjusted PS Ratio was 4.82. The lowest was 1.35. And the median was 2.24.

FRA:A6T's Cyclically Adjusted PS Ratio is ranked worse than
59.15% of 1978 companies
in the Hardware industry
Industry Median: 1.39 vs FRA:A6T: 1.95

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.

artec technologies AG's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €1.134. 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 €1.08 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


artec technologies AG  (FRA:A6T) 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.


artec technologies AG Cyclically Adjusted PS Ratio Related Terms


artec technologies AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for artec technologies AG'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.

artec technologies AG Cyclically Adjusted PS Ratio Chart

artec technologies AG 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 2.14 1.37 1.51 1.49 2.15

artec technologies AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.51 0.00 1.49 0.00 2.15

FRA:A6T vs AAPL: Cyclically Adjusted PS Ratio Comparison

For the Consumer Electronics subindustry, artec technologies AG'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.


artec technologies AG Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, artec technologies AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where artec technologies AG's Cyclically Adjusted PS Ratio falls into.


FRA:A6T
83GF Score
artec technologies AG FRA:A6T
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

artec technologies AG 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.

artec technologies AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.19/1.08
=2.03

* 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.

artec technologies AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, artec technologies AG's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.134/129.3606*129.3606
=1.134

Current CPI (Dec25) = 129.3606.

artec technologies AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 1.183 101.217 1.512
201712 0.572 102.617 0.721
201812 1.144 104.217 1.420
201912 0.780 105.818 0.954
202012 1.199 105.518 1.470
202112 0.910 110.384 1.066
202212 0.894 119.345 0.969
202312 1.045 123.773 1.092
202412 1.099 127.041 1.119
202512 1.134 129.361 1.134

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 2.03 mean?
artec technologies AG (FRA:A6T) has a Cyclically Adjusted PS Ratio of 2.03 as of Aug. 12, 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 artec technologies AG and its competitors. This is near median its historical median of 2.24. Over the past decade, artec technologies AG's Cyclically Adjusted PS Ratio has ranged from 1.35 to 4.82. According to the industry distribution chart, artec technologies AG ranks #1170 out of 1978 companies in the Hardware industry, placing it in the top 59.2%.
Is artec technologies AG's Cyclically Adjusted PS Ratio too high?
artec technologies AG's current Cyclically Adjusted PS Ratio of 2.03 is near median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 4.82. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. artec technologies AG's value of 2.03 is 46% above this industry median. Based on the distribution chart, artec technologies AG ranks #1170 out of 1978 companies in the Hardware industry, which is below the industry midpoint. Overall, artec technologies AG has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does artec technologies AG's Cyclically Adjusted PS Ratio compare to AAPL?
According to the Hardware industry distribution chart, artec technologies AG ranks #1170 out of 1978 companies for Cyclically Adjusted PS Ratio. This places artec technologies AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. artec technologies AG's value of 2.03 is 46% above this benchmark. Historically, artec technologies AG's own Cyclically Adjusted PS Ratio has ranged from 1.35 to 4.82 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 1.39, artec technologies AG 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.39, based on 1,978 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. artec technologies AG's current Cyclically Adjusted PS Ratio of 2.03 is 46% 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 artec technologies AG and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. artec technologies AG's current Cyclically Adjusted PS Ratio is 2.03, which is near median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is artec technologies AG stock overvalued right now?
Based on GuruFocus' analysis, artec technologies AG (FRA:A6T) is currently considered Fairly Valued. The stock's GF Value™ is €2.16, compared to a current price of €2.19 — trading 1.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.03, which is near median its 10-year median of 2.24 and 46% above the Hardware industry median of 1.39. artec technologies AG's overall GF Score™ is 83/100 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 artec technologies AG (FRA:A6T), the current Cyclically Adjusted PS Ratio is 2.03 as of Aug. 12, 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 artec technologies AG (FRA:A6T) Overvalued in 2026?

Based on GuruFocus' analysis, artec technologies AG stock appears to be overvalued. The current stock price of €2.19 is trading 1.4% above its estimated GF Value™ of €2.16. GuruFocus considers artec technologies AG to be Fairly Valued.

Key valuation signals for FRA:A6T:

  • Cyclically Adjusted PS Ratio: 2.03 (near median its 10-year median of 2.24)
  • GF Value™: €2.16 vs. price of €2.19 (1.4% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 46% above the Hardware median (#1170 of 1978)

No single metric tells the full story. See the FRA:A6T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


artec technologies AG Business Description

Other Exchanges A6T:Germany
Address Muehlenstrasse 15-18, Diepholz, DEU, 49356
artec technologies AG develops and produces products and system solutions for the transmission, recording, and playback of video, TV, and metadata through network and internet. The company offers products and solutions such as Multieye, it is used for simple and complex video surveillance and security systems, and Xentaurix is used for the transmission, recording, and playback of TV, video and radio broadcasts through networks and internet such as proof of broadcasting and broadcasting as online VCR.
83GF Score

Get the complete analysis for FRA:A6T

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

€2.19
Price
€2.16
GF Value