Jardine Cycle & Carriage (FRA:CYC) Cyclically Adjusted PS Ratio: 0.37 (As of Jul. 18, 2026) — 12% Below Median

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FRA:CYC Jardine Cycle & Carriage Ltd FRA:CYC
66 GF Score
Price €18.10
GF Value €17.14
Valuation Fairly Valued
! 3 Warning Signs
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What is Jardine Cycle & Carriage Cyclically Adjusted PS Ratio?

Jardine Cycle & Carriage FRA:CYC 66 Cyclically Adjusted PS Ratio is 0.37 as of Jul. 18, 2026, which is 12% below its 10-year median of 0.42. GuruFocus rates FRA:CYC with a GF Score™ of 66/100 and a GF Value™ of €17.14 (Fairly Valued). The stock has 3 warning signs investors should review. Among 474 Conglomerates companies, Jardine Cycle & Carriage ranks better than 70.68% on this metric.

As of today (2026-07-18), Jardine Cycle & Carriage's current share price is €18.10. Jardine Cycle & Carriage's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €49.47. Jardine Cycle & Carriage's Cyclically Adjusted PS Ratio for today is 0.37.

The historical rank and industry rank for Jardine Cycle & Carriage's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:CYC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.42   Max: 0.77
Current: 0.36

During the past 13 years, Jardine Cycle & Carriage's highest Cyclically Adjusted PS Ratio was 0.77. The lowest was 0.26. And the median was 0.42.

FRA:CYC's Cyclically Adjusted PS Ratio is ranked better than
70.68% of 474 companies
in the Conglomerates industry
Industry Median: 0.79 vs FRA:CYC: 0.36

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.

Jardine Cycle & Carriage's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €46.153. 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 €49.47 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jardine Cycle & Carriage  (FRA:CYC) 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.


Jardine Cycle & Carriage Cyclically Adjusted PS Ratio Related Terms


Jardine Cycle & Carriage Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jardine Cycle & Carriage'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.

Jardine Cycle & Carriage Cyclically Adjusted PS Ratio Chart

Jardine Cycle & Carriage 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 0.29 0.39 0.40 0.38 0.45

Jardine Cycle & Carriage 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 0.40 0.00 0.38 0.00 0.45

FRA:CYC vs HON, MMM: Cyclically Adjusted PS Ratio Comparison

For the Conglomerates subindustry, Jardine Cycle & Carriage'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.


Jardine Cycle & Carriage Cyclically Adjusted PS Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Jardine Cycle & Carriage's Cyclically Adjusted PS Ratio falls into.


FRA:CYC
66GF Score
Jardine Cycle & Carriage Ltd FRA:CYC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jardine Cycle & Carriage 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.

Jardine Cycle & Carriage's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.10/49.47
=0.37

* 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.

Jardine Cycle & Carriage's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Jardine Cycle & Carriage'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)
=46.153/324.0540*324.0540
=46.153

Current CPI (Dec25) = 324.0540.

Jardine Cycle & Carriage Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 37.814 241.432 50.755
201712 37.069 246.524 48.727
201812 42.241 251.233 54.485
201912 42.338 256.974 53.390
202012 27.527 260.474 34.246
202112 39.610 278.802 46.039
202212 51.513 296.797 56.244
202312 51.592 306.746 54.503
202412 53.884 315.605 55.327
202512 46.153 324.054 46.153

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 0.37 mean?
Jardine Cycle & Carriage (FRA:CYC) has a Cyclically Adjusted PS Ratio of 0.37 as of Jul. 18, 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 Jardine Cycle & Carriage and its competitors. This is 12% below median its historical median of 0.42. Over the past decade, Jardine Cycle & Carriage's Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.77. According to the industry distribution chart, Jardine Cycle & Carriage ranks #139 out of 474 companies in the Conglomerates industry, placing it in the top 29.3%.
Is Jardine Cycle & Carriage's Cyclically Adjusted PS Ratio too high?
Jardine Cycle & Carriage's current Cyclically Adjusted PS Ratio of 0.37 is 12% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.77. The Conglomerates industry median Cyclically Adjusted PS Ratio is 0.79. Jardine Cycle & Carriage's value of 0.37 is 53.2% below this industry median. Based on the distribution chart, Jardine Cycle & Carriage ranks #139 out of 474 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Jardine Cycle & Carriage has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jardine Cycle & Carriage's Cyclically Adjusted PS Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Jardine Cycle & Carriage ranks #139 out of 474 companies for Cyclically Adjusted PS Ratio. This puts Jardine Cycle & Carriage in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. Jardine Cycle & Carriage's value of 0.37 is 53.2% below this benchmark. Historically, Jardine Cycle & Carriage's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.77 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.79, Jardine Cycle & Carriage 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 a Conglomerates company?
The median Cyclically Adjusted PS Ratio among Conglomerates companies is 0.79, based on 474 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. Jardine Cycle & Carriage's current Cyclically Adjusted PS Ratio of 0.37 is 53.2% 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 Jardine Cycle & Carriage and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jardine Cycle & Carriage's current Cyclically Adjusted PS Ratio is 0.37, which is 12% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jardine Cycle & Carriage stock overvalued right now?
Based on GuruFocus' analysis, Jardine Cycle & Carriage (FRA:CYC) is currently considered Fairly Valued. The stock's GF Value™ is €17.14, compared to a current price of €18.10 — trading 5.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is 12% below median its 10-year median of 0.42 and 53.2% below the Conglomerates industry median of 0.79. Jardine Cycle & Carriage's overall GF Score™ is 66/100 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 Jardine Cycle & Carriage (FRA:CYC), the current Cyclically Adjusted PS Ratio is 0.37 as of Jul. 18, 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 Jardine Cycle & Carriage (FRA:CYC) Overvalued in 2026?

Based on GuruFocus' analysis, Jardine Cycle & Carriage stock appears to be overvalued. The current stock price of €18.10 is trading 5.6% above its estimated GF Value™ of €17.14. GuruFocus considers Jardine Cycle & Carriage to be Fairly Valued.

Key valuation signals for FRA:CYC:

  • Cyclically Adjusted PS Ratio: 0.37 (12% below median its 10-year median of 0.42)
  • GF Value™: €17.14 vs. price of €18.10 (5.6% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 53.2% below the Conglomerates median (#139 of 474)

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


Jardine Cycle & Carriage Business Description

Address 239 Alexandra Road, Singapore, SGP, 159930
Jardine Cycle & Carriage Ltd is an investment holding conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. Its segments are Astra, Thaco, Cycle & Carriage. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia; THACO is a multi-industry group; Cycle & Carriage represents a broad range of automotive brands across its established network in Singapore and Malaysia.
66GF Score

Get the complete analysis for FRA:CYC

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

€18.10
Price
€17.14
GF Value