Bel Fuse (FRA:BF2A) Cyclically Adjusted PS Ratio: (As of Jul. 30, 2026)

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:BF2A Bel Fuse Inc FRA:BF2A
74 GF Score
Price €172.00
GF Value €76.51
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Bel Fuse Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bel Fuse  (FRA:BF2A) 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.


Bel Fuse Cyclically Adjusted PS Ratio Related Terms


Bel Fuse Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bel Fuse'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.

Bel Fuse Cyclically Adjusted PS Ratio Chart

Bel Fuse 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 0.30 0.68 1.31 1.61 3.29

Bel Fuse 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 1.89 2.72 3.29 3.77 0.00

FRA:BF2A vs OLED, OSIS, KN: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Bel Fuse'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.


Bel Fuse Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


FRA:BF2A
74GF Score
Bel Fuse Inc FRA:BF2A
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bel Fuse 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.

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

For example, Bel Fuse'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)
=13.435/333.9520*333.9520
=13.435

Current CPI (Jun. 2026) = 333.9520.

Bel Fuse Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 9.616 241.428 13.301
201612 9.379 241.432 12.973
201703 8.842 243.801 12.112
201706 9.734 244.955 13.271
201709 8.808 246.819 11.917
201712 8.421 246.524 11.407
201803 7.971 249.554 10.667
201806 10.021 251.989 13.280
201809 10.335 252.439 13.672
201812 10.235 251.233 13.605
201903 9.048 254.202 11.887
201906 9.177 256.143 11.965
201909 9.180 256.759 11.940
201912 8.441 256.974 10.970
202003 7.608 258.115 9.843
202006 8.732 257.797 11.311
202009 0.855 260.280 1.097
202012 7.725 260.474 9.904
202103 7.527 264.877 9.490
202106 9.300 271.696 11.431
202109 10.063 274.310 12.251
202112 10.446 278.802 12.512
202203 9.916 287.504 11.518
202206 12.903 296.311 14.542
202209 14.382 296.808 16.182
202212 12.635 296.797 14.217
202303 12.594 301.836 13.934
202306 12.193 305.109 13.346
202309 11.636 307.789 12.625
202312 10.054 306.746 10.946
202403 9.243 312.332 9.883
202406 9.809 314.175 10.426
202409 8.876 315.301 9.401
202412 11.407 315.605 12.070
202503 11.201 319.799 11.697
202506 11.520 322.561 11.927
202509 12.042 324.800 12.381
202512 11.870 324.054 12.233
202603 12.187 330.213 12.325
202606 13.435 333.952 13.435

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.

Is Bel Fuse (FRA:BF2A) Overvalued in 2026?

Based on GuruFocus' analysis, Bel Fuse stock appears to be overvalued. The current stock price of €172.00 is trading 124.8% above its estimated GF Value™ of €76.51. GuruFocus considers Bel Fuse to be Significantly Overvalued.

Key valuation signals for FRA:BF2A:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €76.51 vs. price of €172.00 (124.8% above fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the FRA:BF2A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bel Fuse Business Description

Address 300 Executive Drive, Suite 300, West Orange, NJ, USA, 07052
Bel Fuse Inc designs and manufactures electronic components that protect and connect electronic circuits. Its product portfolio is divided into three categories: magnetic solutions, power solutions & protection, and connectivity solutions. These products are used for the computer, networking, telecommunications, transportation and defense/aerospace, automotive, medical, and consumer electronics industries. Its geographical segments are the United States, Macao, United Kingdom, Slovakia, Germany, Switzerland, and All other foreign countries. Majority of the revenue is derived from United States.
74GF Score

Get the complete analysis for FRA:BF2A

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

€172.00
Price
€76.51
GF Value