Ferronordic AB (FRA:AA4) Cyclically Adjusted PS Ratio: 0.24 (As of Jul. 24, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:AA4 Ferronordic AB FRA:AA4
84 GF Score
Price €5.74
GF Value €6.03
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Ferronordic AB Cyclically Adjusted PS Ratio?

Ferronordic AB FRA:AA4 +1.41% 84 Cyclically Adjusted PS Ratio is 0.24 as of Jul. 24, 2026, which is 4% below its 10-year median of 0.25. GuruFocus rates FRA:AA4 with a GF Score™ of 84/100 and a GF Value™ of €6.03 (Fairly Valued). The stock has 7 warning signs investors should review. Among 127 Industrial Distribution companies, Ferronordic AB ranks better than 68.5% on this metric.

As of today (2026-07-24), Ferronordic AB's current share price is €5.74. Ferronordic AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €24.39. Ferronordic AB's Cyclically Adjusted PS Ratio for today is 0.24.

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

FRA:AA4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.25   Max: 1.46
Current: 0.24

During the past years, Ferronordic AB's highest Cyclically Adjusted PS Ratio was 1.46. The lowest was 0.12. And the median was 0.25.

FRA:AA4's Cyclically Adjusted PS Ratio is ranked better than
68.5% of 127 companies
in the Industrial Distribution industry
Industry Median: 0.51 vs FRA:AA4: 0.24

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.

Ferronordic AB's adjusted revenue per share data for the three months ended in Mar. 2026 was €7.206. 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 €24.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferronordic AB  (FRA:AA4) 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.


Ferronordic AB Cyclically Adjusted PS Ratio Related Terms


Ferronordic AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ferronordic 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.

Ferronordic AB Cyclically Adjusted PS Ratio Chart

Ferronordic 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 1.43 0.31 0.29 0.24 0.16

Ferronordic AB 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 0.19 0.19 0.18 0.16 0.16

FRA:AA4 vs GWW, FAST, FERG: Cyclically Adjusted PS Ratio Comparison

For the Industrial Distribution subindustry, Ferronordic 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.


Ferronordic AB Cyclically Adjusted PS Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:AA4
84GF Score
Ferronordic AB FRA:AA4
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferronordic 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.74/24.39
=0.24

* 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.

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

For example, Ferronordic AB'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)
=7.206/133.5600*133.5600
=7.206

Current CPI (Mar. 2026) = 133.5600.

Ferronordic AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.175 101.019 5.520
201609 4.004 101.138 5.288
201612 5.303 102.022 6.942
201703 5.543 102.022 7.257
201706 7.801 102.752 10.140
201709 6.312 103.279 8.163
201712 4.475 103.793 5.758
201803 3.903 103.962 5.014
201806 5.322 104.875 6.778
201809 4.957 105.679 6.265
201812 6.446 105.912 8.129
201903 4.713 105.886 5.945
201906 7.082 106.742 8.861
201909 6.156 107.214 7.669
201912 6.249 107.766 7.745
202003 7.074 106.563 8.866
202006 7.893 107.498 9.807
202009 7.462 107.635 9.259
202012 8.008 108.296 9.876
202103 8.573 108.360 10.567
202106 10.816 108.928 13.262
202109 11.197 110.338 13.554
202112 -19.955 112.486 -23.694
202203 2.972 114.825 3.457
202206 2.608 118.384 2.942
202209 2.625 122.296 2.867
202212 4.413 126.365 4.664
202303 3.871 127.042 4.070
202306 3.854 129.407 3.978
202309 3.740 130.224 3.836
202312 5.629 131.912 5.699
202403 7.127 132.205 7.200
202406 6.797 132.716 6.840
202409 7.098 132.304 7.165
202412 8.058 132.987 8.093
202503 7.576 132.825 7.618
202506 6.798 133.699 6.791
202509 6.631 133.480 6.635
202512 7.658 133.390 7.668
202603 7.206 133.560 7.206

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 0.24 mean?
Ferronordic AB (FRA:AA4) has a Cyclically Adjusted PS Ratio of 0.24 as of Jul. 24, 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 Ferronordic AB and its competitors. This is near median its historical median of 0.25. Over the past decade, Ferronordic AB's Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.46. According to the industry distribution chart, Ferronordic AB ranks #40 out of 127 companies in the Industrial Distribution industry, placing it in the top 31.5%.
Is Ferronordic AB's Cyclically Adjusted PS Ratio too high?
Ferronordic AB's current Cyclically Adjusted PS Ratio of 0.24 is near median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.46. The Industrial Distribution industry median Cyclically Adjusted PS Ratio is 0.51. Ferronordic AB's value of 0.24 is 52.9% below this industry median. Based on the distribution chart, Ferronordic AB ranks #40 out of 127 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Ferronordic AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's Cyclically Adjusted PS Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ferronordic AB ranks #40 out of 127 companies for Cyclically Adjusted PS Ratio. This puts Ferronordic AB in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.51. Ferronordic AB's value of 0.24 is 52.9% below this benchmark. Historically, Ferronordic AB's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.46 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.51, Ferronordic AB has consistently been below 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 an Industrial Distribution company?
The median Cyclically Adjusted PS Ratio among Industrial Distribution companies is 0.51, based on 127 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. Ferronordic AB's current Cyclically Adjusted PS Ratio of 0.24 is 52.9% below 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 Ferronordic AB and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PS Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferronordic AB's current Cyclically Adjusted PS Ratio is 0.24, which is near median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Based on GuruFocus' analysis, Ferronordic AB (FRA:AA4) is currently considered Fairly Valued. The stock's GF Value™ is €6.03, compared to a current price of €5.74 — trading 4.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.24, which is near median its 10-year median of 0.25 and 52.9% below the Industrial Distribution industry median of 0.51. Ferronordic AB's overall GF Score™ is 84/100 with 7 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 Ferronordic AB (FRA:AA4), the current Cyclically Adjusted PS Ratio is 0.24 as of Jul. 24, 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 Ferronordic AB (FRA:AA4) Overvalued in 2026?

Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued. The current stock price of €5.74 is trading 4.8% below its estimated GF Value™ of €6.03. GuruFocus considers Ferronordic AB to be Fairly Valued.

Key valuation signals for FRA:AA4:

  • Cyclically Adjusted PS Ratio: 0.24 (near median its 10-year median of 0.25)
  • GF Value™: €6.03 vs. price of €5.74 (4.8% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 52.9% below the Industrial Distribution median (#40 of 127)

No single metric tells the full story. See the FRA:AA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ferronordic AB Business Description

Other Exchanges FNM:Sweden
Address Nybrogatan 6, Stockholm, SWE, SE114 34
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
84GF Score

Get the complete analysis for FRA:AA4

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

€5.74
Price
€6.03
GF Value