CPS Technologies (FRA:E2R) Cyclically Adjusted PS Ratio: 1.94 (As of Sep. 16, 2026) — 70% Above Median

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FRA:E2R CPS Technologies Corp FRA:E2R
68 GF Score
Price €3.30
GF Value €1.96
! 2 Warning Signs
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What is CPS Technologies Cyclically Adjusted PS Ratio?

CPS Technologies FRA:E2R -2.65% 68 Cyclically Adjusted PS Ratio is 1.94 as of Sep. 16, 2026, which is 70% above its 10-year median of 1.14. GuruFocus rates FRA:E2R with a GF Score™ of 68/100 and a GF Value™ of €1.96. The stock has 2 warning signs investors should review. Among 1,977 Hardware companies, CPS Technologies ranks worse than 61.86% on this metric.

As of today (2026-09-16), CPS Technologies's current share price is €3.30. CPS Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €1.70. CPS Technologies's Cyclically Adjusted PS Ratio for today is 1.94.

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

FRA:E2R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.14   Max: 16.55
Current: 2.14

During the past years, CPS Technologies's highest Cyclically Adjusted PS Ratio was 16.55. The lowest was 0.58. And the median was 1.14.

FRA:E2R's Cyclically Adjusted PS Ratio is ranked worse than
61.86% of 1977 companies
in the Hardware industry
Industry Median: 1.37 vs FRA:E2R: 2.14

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.

CPS Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.379. 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 €1.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CPS Technologies  (FRA:E2R) 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.


CPS Technologies Cyclically Adjusted PS Ratio Related Terms


CPS Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CPS Technologies'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.

CPS Technologies Cyclically Adjusted PS Ratio Chart

CPS Technologies 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 0.00 0.00 0.00 0.00 0.00

CPS Technologies 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 0.00 0.00 0.00 0.00 0.00

FRA:E2R vs WBX, IEHC, LINK: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, CPS Technologies'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.


CPS Technologies Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


FRA:E2R
68GF Score
CPS Technologies Corp FRA:E2R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CPS Technologies 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.

CPS Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.30/1.698
=1.94

* 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.

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

For example, CPS Technologies'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)
=0.379/333.9520*333.9520
=0.379

Current CPI (Jun. 2026) = 333.9520.

CPS Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.226 241.428 0.313
201612 0.202 241.432 0.279
201703 0.202 243.801 0.277
201706 0.256 244.955 0.349
201709 0.271 246.819 0.367
201712 0.244 246.524 0.331
201803 0.256 249.554 0.343
201806 0.332 251.989 0.440
201809 0.398 252.439 0.527
201812 0.404 251.233 0.537
201903 0.351 254.202 0.461
201906 0.427 256.143 0.557
201909 0.299 256.759 0.389
201912 0.372 256.974 0.483
202003 0.446 258.115 0.577
202006 0.394 257.797 0.510
202009 0.283 260.280 0.363
202012 0.261 260.474 0.335
202103 0.283 264.877 0.357
202106 0.334 271.696 0.411
202109 0.316 274.310 0.385
202112 0.369 278.802 0.442
202203 0.405 287.504 0.470
202206 0.451 296.311 0.508
202209 0.456 296.808 0.513
202212 0.409 296.797 0.460
202303 0.452 301.836 0.500
202306 0.466 305.109 0.510
202309 0.395 307.789 0.429
202312 0.429 306.746 0.467
202403 0.375 312.332 0.401
202406 0.322 314.175 0.342
202409 0.266 315.301 0.282
202412 0.383 315.605 0.405
202503 0.490 319.799 0.512
202506 0.489 322.561 0.506
202509 0.513 324.800 0.527
202512 0.388 324.054 0.400
202603 0.334 330.213 0.338
202606 0.379 333.952 0.379

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 1.94 mean?
CPS Technologies (FRA:E2R) has a Cyclically Adjusted PS Ratio of 1.94 as of Sep. 16, 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 CPS Technologies and its competitors. This is 70% above median its historical median of 1.14. Over the past decade, CPS Technologies' Cyclically Adjusted PS Ratio has ranged from 0.58 to 16.55. According to the industry distribution chart, CPS Technologies ranks #1223 out of 1977 companies in the Hardware industry, placing it in the top 61.9%.
Is CPS Technologies' Cyclically Adjusted PS Ratio too high?
CPS Technologies' current Cyclically Adjusted PS Ratio of 1.94 is 70% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 16.55. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. CPS Technologies' value of 1.94 is 41.6% above this industry median. Based on the distribution chart, CPS Technologies ranks #1223 out of 1977 companies in the Hardware industry, which is below the industry midpoint. Overall, CPS Technologies has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does CPS Technologies' Cyclically Adjusted PS Ratio compare to WBX and IEHC?
According to the Hardware industry distribution chart, CPS Technologies ranks #1223 out of 1977 companies for Cyclically Adjusted PS Ratio. This places CPS Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. CPS Technologies' value of 1.94 is 41.6% above this benchmark. Historically, CPS Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.58 to 16.55 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.37, CPS Technologies 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.37, based on 1,977 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. CPS Technologies's current Cyclically Adjusted PS Ratio of 1.94 is 41.6% 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 CPS Technologies and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPS Technologies's current Cyclically Adjusted PS Ratio is 1.94, which is 70% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPS Technologies stock overvalued right now?
CPS Technologies (FRA:E2R) has a current Cyclically Adjusted PS Ratio of 1.94. The stock's GF Value™ is €1.96, compared to a current price of €3.30 — trading 68.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.94, which is 70% above median its 10-year median of 1.14 and 41.6% above the Hardware industry median of 1.37. CPS Technologies' overall GF Score™ is 68/100 with 2 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 CPS Technologies (FRA:E2R), the current Cyclically Adjusted PS Ratio is 1.94 as of Sep. 16, 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 CPS Technologies (FRA:E2R) Overvalued in 2026?

Based on GuruFocus' analysis, CPS Technologies stock appears to be overvalued. The current stock price of €3.30 is trading 68.4% above its estimated GF Value™ of €1.96.

Key valuation signals for FRA:E2R:

  • Cyclically Adjusted PS Ratio: 1.94 (70% above median its 10-year median of 1.14)
  • GF Value™: €1.96 vs. price of €3.30 (68.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 41.6% above the Hardware median (#1223 of 1977)

No single metric tells the full story. See the FRA:E2R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CPS Technologies Business Description

Other Exchanges CPSH:USA
Address 111 South Worcester Street, Norton, MA, USA, 02766-2102
CPS Technologies Corp designs, manufactures, and sells high-performance material solutions for customers across various markets, including transportation, energy, automotive, electronics, telecommunications, aerospace, and defense. The company develops and applies proprietary expertise in metal matrix composites (MMCs), which are engineered materials combining metals and ceramics to achieve enhanced performance properties. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers. The majority of the company's revenue is derived from the sale of its products in the United States of America.
68GF Score

Get the complete analysis for FRA:E2R

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

€3.30
Price
€1.96
GF Value