Donaldson Co (FRA:DNZ) Cyclically Adjusted PS Ratio: 2.87 (As of Sep. 22, 2026) — Near Median

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FRA:DNZ Donaldson Co Inc FRA:DNZ
91 GF Score
Price €75.00
GF Value €73.07
Valuation Fairly Valued
! 3 Warning Signs
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What is Donaldson Co Cyclically Adjusted PS Ratio?

Donaldson Co FRA:DNZ +0.67% 91 Cyclically Adjusted PS Ratio is 2.87 as of Sep. 22, 2026, which is 4% above its 10-year median of 2.77. GuruFocus rates FRA:DNZ with a GF Score™ of 91/100 and a GF Value™ of €73.07 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,303 Industrial Products companies, Donaldson Co ranks worse than 67.52% on this metric.

As of today (2026-09-22), Donaldson Co's current share price is €75.00. Donaldson Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 was €26.18. Donaldson Co's Cyclically Adjusted PS Ratio for today is 2.87.

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

FRA:DNZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.9   Med: 2.77   Max: 3.9
Current: 3.04

During the past years, Donaldson Co's highest Cyclically Adjusted PS Ratio was 3.90. The lowest was 1.90. And the median was 2.77.

FRA:DNZ's Cyclically Adjusted PS Ratio is ranked worse than
67.52% of 2303 companies
in the Industrial Products industry
Industry Median: 1.76 vs FRA:DNZ: 3.04

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.

Donaldson Co's adjusted revenue per share data for the three months ended in Jul. 2026 was €7.786. 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 €26.18 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Donaldson Co  (FRA:DNZ) 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.


Donaldson Co Cyclically Adjusted PS Ratio Related Terms


Donaldson Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Donaldson Co'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.

Donaldson Co Cyclically Adjusted PS Ratio Chart

Donaldson Co Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25 Jul26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 2.66 3.04 2.58 3.16

Donaldson Co Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 2.55 2.89 3.39 2.90 3.11

FRA:DNZ vs RRX, GNRC, FLS: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Donaldson Co'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.


Donaldson Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


FRA:DNZ
91GF Score
Donaldson Co Inc FRA:DNZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Donaldson Co 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.

Donaldson Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.00/26.176
=2.87

* 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.

Donaldson Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Donaldson Co's adjusted Revenue per Share data for the three months ended in Jul. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=7.786/333.9180*333.9180
=7.786

Current CPI (Jul. 2026) = 333.9180.

Donaldson Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 3.685 241.729 5.090
201701 3.844 242.839 5.286
201704 4.244 244.524 5.796
201707 4.401 244.786 6.004
201710 4.110 246.663 5.564
201801 4.270 247.867 5.752
201804 4.308 250.546 5.742
201807 4.704 252.006 6.233
201810 4.630 252.885 6.114
201901 4.754 251.712 6.307
201904 4.854 255.548 6.343
201907 4.991 256.571 6.496
201910 4.728 257.346 6.135
202001 4.632 257.971 5.996
202004 4.506 256.389 5.869
202007 4.310 259.101 5.555
202010 4.217 260.388 5.408
202101 4.400 261.582 5.617
202104 4.976 267.054 6.222
202107 5.039 273.003 6.163
202110 5.141 276.589 6.207
202201 5.633 281.148 6.690
202204 6.195 289.109 7.155
202207 6.867 296.276 7.739
202210 6.867 298.012 7.694
202301 6.398 299.170 7.141
202304 6.573 303.363 7.235
202307 6.541 305.691 7.145
202310 6.439 307.671 6.988
202401 6.607 308.417 7.153
202404 6.995 313.548 7.449
202407 7.065 314.540 7.500
202410 6.712 315.664 7.100
202501 6.834 317.671 7.184
202504 7.235 320.795 7.531
202507 7.224 323.048 7.467
202510 6.804 0.000
202601 6.515 325.252 6.689
202604 7.207 333.020 7.226
202607 7.786 333.918 7.786

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 2.87 mean?
Donaldson Co (FRA:DNZ) has a Cyclically Adjusted PS Ratio of 2.87 as of Sep. 22, 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 Donaldson Co and its competitors. This is near median its historical median of 2.77. Over the past decade, Donaldson Co's Cyclically Adjusted PS Ratio has ranged from 1.90 to 3.90. According to the industry distribution chart, Donaldson Co ranks #1555 out of 2303 companies in the Industrial Products industry, placing it in the top 67.5%.
Is Donaldson Co's Cyclically Adjusted PS Ratio too high?
Donaldson Co's current Cyclically Adjusted PS Ratio of 2.87 is near median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 3.90. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.76. Donaldson Co's value of 2.87 is 63.1% above this industry median. Based on the distribution chart, Donaldson Co ranks #1555 out of 2303 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Donaldson Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Donaldson Co's Cyclically Adjusted PS Ratio compare to RRX and GNRC?
According to the Industrial Products industry distribution chart, Donaldson Co ranks #1555 out of 2303 companies for Cyclically Adjusted PS Ratio. This places Donaldson Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.76. Donaldson Co's value of 2.87 is 63.1% above this benchmark. Historically, Donaldson Co's own Cyclically Adjusted PS Ratio has ranged from 1.90 to 3.90 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 1.76, Donaldson Co 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 1.76, based on 2,303 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. Donaldson Co's current Cyclically Adjusted PS Ratio of 2.87 is 63.1% 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 Donaldson Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Donaldson Co's current Cyclically Adjusted PS Ratio is 2.87, which is near median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Donaldson Co stock overvalued right now?
Based on GuruFocus' analysis, Donaldson Co (FRA:DNZ) is currently considered Fairly Valued. The stock's GF Value™ is €73.07, compared to a current price of €75.00 — trading 2.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.87, which is near median its 10-year median of 2.77 and 63.1% above the Industrial Products industry median of 1.76. Donaldson Co's overall GF Score™ is 91/100 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 Donaldson Co (FRA:DNZ), the current Cyclically Adjusted PS Ratio is 2.87 as of Sep. 22, 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 Donaldson Co (FRA:DNZ) Overvalued in 2026?

Based on GuruFocus' analysis, Donaldson Co stock appears to be overvalued. The current stock price of €75.00 is trading 2.6% above its estimated GF Value™ of €73.07. GuruFocus considers Donaldson Co to be Fairly Valued.

Key valuation signals for FRA:DNZ:

  • Cyclically Adjusted PS Ratio: 2.87 (near median its 10-year median of 2.77)
  • GF Value™: €73.07 vs. price of €75.00 (2.6% above fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 63.1% above the Industrial Products median (#1555 of 2303)

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


Donaldson Co Business Description

Other Exchanges DCI:USA
Address 1400 West 94th Street, Minneapolis, MN, USA, 55431
Donaldson is a leading manufacturer of filtration systems and replacement parts, including air filtration systems, liquid filtration systems, and dust, fume, and mist collectors. The company serves a diverse range of end markets, including construction, mining, agriculture, truck, and industrial. Its business is organized into three segments: mobile solutions, industrial solutions, and life sciences. Donaldson generated approximately $3.7 billion in revenue in its fiscal 2025.
91GF Score

Get the complete analysis for FRA:DNZ

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

€75.00
Price
€73.07
GF Value