Acacia Research (FRA:AZG2) Cyclically Adjusted PS Ratio: 2.26 (As of Aug. 26, 2026) — 26% Above 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:AZG2 Acacia Research Corp FRA:AZG2
64 GF Score
Price €3.78
GF Value €6.25
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Acacia Research Cyclically Adjusted PS Ratio?

Acacia Research FRA:AZG2 64 Cyclically Adjusted PS Ratio is 2.26 as of Aug. 26, 2026, which is 26% above its 10-year median of 1.80. GuruFocus rates FRA:AZG2 with a GF Score™ of 64/100 and a GF Value™ of €6.25 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,285 Industrial Products companies, Acacia Research ranks worse than 58.34% on this metric.

As of today (2026-08-26), Acacia Research's current share price is €3.78. Acacia Research's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €1.67. Acacia Research's Cyclically Adjusted PS Ratio for today is 2.26.

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

FRA:AZG2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.8   Max: 3.07
Current: 2.33

During the past years, Acacia Research's highest Cyclically Adjusted PS Ratio was 3.07. The lowest was 0.70. And the median was 1.80.

FRA:AZG2's Cyclically Adjusted PS Ratio is ranked worse than
58.34% of 2285 companies
in the Industrial Products industry
Industry Median: 1.8 vs FRA:AZG2: 2.33

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.

Acacia Research's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.013. 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 €1.67 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acacia Research  (FRA:AZG2) 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.


Acacia Research Cyclically Adjusted PS Ratio Related Terms


Acacia Research Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Acacia Research'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.

Acacia Research Cyclically Adjusted PS Ratio Chart

Acacia Research 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 1.97 1.90 1.90 2.30 1.98

Acacia Research 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 1.88 1.67 1.98 2.52 2.41

FRA:AZG2 vs ACCO, EBF, XRX: Cyclically Adjusted PS Ratio Comparison

For the Business Equipment & Supplies subindustry, Acacia Research'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.


Acacia Research Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acacia Research's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:AZG2
64GF Score
Acacia Research Corp FRA:AZG2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acacia Research 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.

Acacia Research's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.78/1.67
=2.26

* 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.

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

For example, Acacia Research'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)
=1.013/333.9520*333.9520
=1.013

Current CPI (Jun. 2026) = 333.9520.

Acacia Research Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.138 241.428 1.574
201612 0.415 241.432 0.574
201703 0.164 243.801 0.225
201706 0.290 244.955 0.395
201709 0.607 246.819 0.821
201712 0.058 246.524 0.079
201803 0.995 249.554 1.332
201806 0.111 251.989 0.147
201809 0.237 252.439 0.314
201812 0.871 251.233 1.158
201903 0.060 254.202 0.079
201906 0.097 256.143 0.126
201909 0.031 256.759 0.040
201912 0.011 256.974 0.014
202003 0.069 258.115 0.089
202006 0.038 257.797 0.049
202009 0.182 260.280 0.234
202012 0.073 260.474 0.094
202103 0.100 264.877 0.126
202106 0.174 271.696 0.214
202109 0.014 274.310 0.017
202112 1.145 278.802 1.371
202203 0.263 287.504 0.305
202206 0.359 296.311 0.405
202209 0.225 296.808 0.253
202212 0.300 296.797 0.338
202303 0.155 301.836 0.171
202306 0.125 305.109 0.137
202309 0.095 307.789 0.103
202312 0.847 306.746 0.922
202403 0.224 312.332 0.240
202406 0.240 314.175 0.255
202409 0.210 315.301 0.222
202412 0.480 315.605 0.508
202503 1.187 319.799 1.240
202506 0.462 322.561 0.478
202509 0.525 324.800 0.540
202512 0.439 324.054 0.452
202603 0.486 330.213 0.492
202606 1.013 333.952 1.013

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 2.26 mean?
Acacia Research (FRA:AZG2) has a Cyclically Adjusted PS Ratio of 2.26 as of Aug. 26, 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 Acacia Research and its competitors. This is 26% above median its historical median of 1.80. Over the past decade, Acacia Research's Cyclically Adjusted PS Ratio has ranged from 0.70 to 3.07. According to the industry distribution chart, Acacia Research ranks #1333 out of 2285 companies in the Industrial Products industry, placing it in the top 58.3%.
Is Acacia Research's Cyclically Adjusted PS Ratio too high?
Acacia Research's current Cyclically Adjusted PS Ratio of 2.26 is 26% above median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 3.07. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.80. Acacia Research's value of 2.26 is 25.6% above this industry median. Based on the distribution chart, Acacia Research ranks #1333 out of 2285 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Acacia Research has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Acacia Research's Cyclically Adjusted PS Ratio compare to ACCO and EBF?
According to the Industrial Products industry distribution chart, Acacia Research ranks #1333 out of 2285 companies for Cyclically Adjusted PS Ratio. This places Acacia Research in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.80. Acacia Research's value of 2.26 is 25.6% above this benchmark. Historically, Acacia Research's own Cyclically Adjusted PS Ratio has ranged from 0.70 to 3.07 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.80, Acacia Research 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.80, based on 2,285 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. Acacia Research's current Cyclically Adjusted PS Ratio of 2.26 is 25.6% 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 Acacia Research and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acacia Research's current Cyclically Adjusted PS Ratio is 2.26, which is 26% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acacia Research stock overvalued right now?
Based on GuruFocus' analysis, Acacia Research (FRA:AZG2) is currently considered Possible Value Trap. The stock's GF Value™ is €6.25, compared to a current price of €3.78 — trading 39.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.26, which is 26% above median its 10-year median of 1.80 and 25.6% above the Industrial Products industry median of 1.80. Acacia Research's overall GF Score™ is 64/100 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 Acacia Research (FRA:AZG2), the current Cyclically Adjusted PS Ratio is 2.26 as of Aug. 26, 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 Acacia Research (FRA:AZG2) Overvalued in 2026?

Based on GuruFocus' analysis, Acacia Research stock appears to be undervalued. The current stock price of €3.78 is trading 39.5% below its estimated GF Value™ of €6.25. GuruFocus considers Acacia Research to be Possible Value Trap.

Key valuation signals for FRA:AZG2:

  • Cyclically Adjusted PS Ratio: 2.26 (26% above median its 10-year median of 1.80)
  • GF Value™: €6.25 vs. price of €3.78 (39.5% below fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 25.6% above the Industrial Products median (#1333 of 2285)

No single metric tells the full story. See the FRA:AZG2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acacia Research Business Description

Other Exchanges ACTG:USAAZG2:Germany
Address 777 Third Avenue, 26th Floor, New York, NY, USA, 10017
Acacia Research Corp is focused on acquiring and operating businesses across the industrial, energy, and technology sectors where it believes it can leverage its expertise, capital base, and deep industry relationships to drive value. The company has four reportable business segments: Intellectual Property Operations, Industrial Operations, Energy Operations, and Manufacturing Operations. It derives revenue from the Intellectual Property Operations segment. Geographically, it operates in the Americas, Europe, the Middle East and Africa, China, India, and Asia-Pacific.
64GF Score

Get the complete analysis for FRA:AZG2

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

€3.78
Price
€6.25
GF Value