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Thermal Energy InternationalFRA:EUW 66 Cyclically Adjusted PS Ratio is 1.14 as of Jul. 21, 2026, which is at its 10-year median of 1.14. GuruFocus rates FRA:EUW with a GF Score™ of 66/100 and a GF Value™ of €0.15. The stock has 4 warning signs investors should review. Among 2,298 Industrial Products companies, Thermal Energy International ranks better than 62.92% on this metric.
The historical rank and industry rank for Thermal Energy International's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:EUW'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.14 Max: 3
Current: 1.08
During the past years, Thermal Energy International's highest Cyclically Adjusted PS Ratio was 3.00. The lowest was 0.58. And the median was 1.14.
FRA:EUW's Cyclically Adjusted PS Ratio is ranked better than 62.92% of 2298
companies
in the Industrial Products industry
Industry Median: 1.74
vs FRA:EUW: 1.08
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.
Thermal Energy International's adjusted revenue per share data for the three months ended in Feb. 2026 was €0.036. 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 €0.08 for the trailing ten years ended in Feb. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Thermal Energy International (FRA:EUW) 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.
Thermal Energy International Cyclically Adjusted PS Ratio Related Terms
Thermal Energy International Cyclically Adjusted PS Ratio Historical Data
* 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.
Thermal Energy International Cyclically Adjusted PS Ratio Chart
FRA:EUW vs VLTO, ZWS, CECO: Cyclically Adjusted PS Ratio Comparison
For the Pollution & Treatment Controls subindustry, Thermal Energy International'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.
Thermal Energy International Cyclically Adjusted PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thermal Energy International's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Thermal Energy International's Cyclically Adjusted PS Ratio falls into.
Thermal Energy International 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.
* 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.
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 1.14 mean?
Thermal Energy International (FRA:EUW) has a Cyclically Adjusted PS Ratio of 1.14 as of Jul. 21, 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 Thermal Energy International and its competitors. This is near median its historical median of 1.14. Over the past decade, Thermal Energy International's Cyclically Adjusted PS Ratio has ranged from 0.58 to 3.00. According to the industry distribution chart, Thermal Energy International ranks #852 out of 2298 companies in the Industrial Products industry, placing it in the top 37.1%.
Is Thermal Energy International's Cyclically Adjusted PS Ratio too high?
Thermal Energy International's current Cyclically Adjusted PS Ratio of 1.14 is near 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 3.00. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.74. Thermal Energy International's value of 1.14 is 34.5% below this industry median. Based on the distribution chart, Thermal Energy International ranks #852 out of 2298 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Thermal Energy International has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Thermal Energy International's Cyclically Adjusted PS Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Thermal Energy International ranks #852 out of 2298 companies for Cyclically Adjusted PS Ratio. This puts Thermal Energy International in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.74. Thermal Energy International's value of 1.14 is 34.5% below this benchmark. Historically, Thermal Energy International's own Cyclically Adjusted PS Ratio has ranged from 0.58 to 3.00 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.74, Thermal Energy International 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.74, based on 2,298 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. Thermal Energy International's current Cyclically Adjusted PS Ratio of 1.14 is 34.5% 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 Thermal Energy International and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermal Energy International's current Cyclically Adjusted PS Ratio is 1.14, which is near 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 Thermal Energy International stock overvalued right now?
Thermal Energy International (FRA:EUW) has a current Cyclically Adjusted PS Ratio of 1.14. The stock's GF Value™ is €0.15, compared to a current price of €0.09 — trading 39% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.14, which is near median its 10-year median of 1.14 and 34.5% below the Industrial Products industry median of 1.74. Thermal Energy International's overall GF Score™ is 66/100 with 4 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 Thermal Energy International (FRA:EUW), the current Cyclically Adjusted PS Ratio is 1.14 as of Jul. 21, 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 Thermal Energy International (FRA:EUW) Overvalued in 2026?
Based on GuruFocus' analysis, Thermal Energy International stock appears to be undervalued.
The current stock price of €0.09 is trading 39% below its estimated GF Value™ of €0.15.
Key valuation signals for FRA:EUW:
Cyclically Adjusted PS Ratio: 1.14 (near median its 10-year median of 1.14)
GF Value™: €0.15 vs. price of €0.09 (39% below fair value)
Industry Position: 34.5% below the Industrial Products median (#852 of 2298)
No single metric tells the full story. See the FRA:EUW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.
66GF Score
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