EUWAX AG (FRA:EUX) Cyclically Adjusted PS Ratio: 5.37 (As of Jul. 22, 2026) — 49% Below Median

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FRA:EUX EUWAX AG FRA:EUX
72 GF Score
Price €49.60
GF Value €57.91
Valuation Modestly Undervalued
! 6 Warning Signs
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What is EUWAX AG Cyclically Adjusted PS Ratio?

EUWAX AG FRA:EUX +3.33% 72 Cyclically Adjusted PS Ratio is 5.37 as of Jul. 22, 2026, which is 49% below its 10-year median of 10.44. GuruFocus rates FRA:EUX with a GF Score™ of 72/100 and a GF Value™ of €57.91 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 605 Capital Markets companies, EUWAX AG ranks worse than 62.81% on this metric.

As of today (2026-07-22), EUWAX AG's current share price is €49.60. EUWAX AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €9.24. EUWAX AG's Cyclically Adjusted PS Ratio for today is 5.37.

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

FRA:EUX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.74   Med: 10.44   Max: 16.6
Current: 5.19

During the past 13 years, EUWAX AG's highest Cyclically Adjusted PS Ratio was 16.60. The lowest was 4.74. And the median was 10.44.

FRA:EUX's Cyclically Adjusted PS Ratio is ranked worse than
62.81% of 605 companies
in the Capital Markets industry
Industry Median: 3.34 vs FRA:EUX: 5.19

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.

EUWAX AG's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €16.224. 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 €9.24 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


EUWAX AG  (FRA:EUX) 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.


EUWAX AG Cyclically Adjusted PS Ratio Related Terms


EUWAX AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for EUWAX AG'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.

EUWAX AG Cyclically Adjusted PS Ratio Chart

EUWAX AG 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 11.90 8.96 7.03 4.69 5.11

EUWAX AG 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 7.03 0.00 4.69 0.00 5.11

FRA:EUX vs SPGI, CME, MCO: Cyclically Adjusted PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, EUWAX AG'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.


EUWAX AG Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, EUWAX AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:EUX
72GF Score
EUWAX AG FRA:EUX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EUWAX AG 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.

EUWAX AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.60/9.24
=5.37

* 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.

EUWAX AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, EUWAX AG'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)
=16.224/129.3606*129.3606
=16.224

Current CPI (Dec25) = 129.3606.

EUWAX AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 3.240 101.217 4.141
201712 2.654 102.617 3.346
201812 2.444 104.217 3.034
201912 3.389 105.818 4.143
202012 8.545 105.518 10.476
202112 13.017 110.384 15.255
202212 8.380 119.345 9.083
202312 10.108 123.773 10.564
202412 15.892 127.041 16.182
202512 16.224 129.361 16.224

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 5.37 mean?
EUWAX AG (FRA:EUX) has a Cyclically Adjusted PS Ratio of 5.37 as of Jul. 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 EUWAX AG and its competitors. This is 49% below median its historical median of 10.44. Over the past decade, EUWAX AG's Cyclically Adjusted PS Ratio has ranged from 4.74 to 16.60. According to the industry distribution chart, EUWAX AG ranks #380 out of 605 companies in the Capital Markets industry, placing it in the top 62.8%.
Is EUWAX AG's Cyclically Adjusted PS Ratio too high?
EUWAX AG's current Cyclically Adjusted PS Ratio of 5.37 is 49% below median its 10-year median of 10.44. Over the past 10 years, this metric has ranged from a low of 4.74 to a high of 16.60. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.34. EUWAX AG's value of 5.37 is 60.8% above this industry median. Based on the distribution chart, EUWAX AG ranks #380 out of 605 companies in the Capital Markets industry, which is below the industry midpoint. Overall, EUWAX AG has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EUWAX AG's Cyclically Adjusted PS Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, EUWAX AG ranks #380 out of 605 companies for Cyclically Adjusted PS Ratio. This places EUWAX AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.34. EUWAX AG's value of 5.37 is 60.8% above this benchmark. Historically, EUWAX AG's own Cyclically Adjusted PS Ratio has ranged from 4.74 to 16.60 over the past decade. While the company's 10-year median is 10.44 vs. the industry median of 3.34, EUWAX AG 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.34, based on 605 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. EUWAX AG's current Cyclically Adjusted PS Ratio of 5.37 is 60.8% 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 EUWAX AG and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EUWAX AG's current Cyclically Adjusted PS Ratio is 5.37, which is 49% below median its own 10-year median of 10.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EUWAX AG stock overvalued right now?
Based on GuruFocus' analysis, EUWAX AG (FRA:EUX) is currently considered Modestly Undervalued. The stock's GF Value™ is €57.91, compared to a current price of €49.60 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.37, which is 49% below median its 10-year median of 10.44 and 60.8% above the Capital Markets industry median of 3.34. EUWAX AG's overall GF Score™ is 72/100 with 6 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 EUWAX AG (FRA:EUX), the current Cyclically Adjusted PS Ratio is 5.37 as of Jul. 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 EUWAX AG (FRA:EUX) Overvalued in 2026?

Based on GuruFocus' analysis, EUWAX AG stock appears to be undervalued. The current stock price of €49.60 is trading 14.3% below its estimated GF Value™ of €57.91. GuruFocus considers EUWAX AG to be Modestly Undervalued.

Key valuation signals for FRA:EUX:

  • Cyclically Adjusted PS Ratio: 5.37 (49% below median its 10-year median of 10.44)
  • GF Value™: €57.91 vs. price of €49.60 (14.3% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 60.8% above the Capital Markets median (#380 of 605)

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


EUWAX AG Business Description

Other Exchanges EUX:Germany
Address Borsenstrasse 4, Stuttgart, DEU, 70174
EUWAX AG is based in Germany. It trades securitised derivatives, provides liquidity for German equities and other trading instruments at the Stuttgart stock exchange. It manages various asset classes, such as securitized derivatives, domestic equities, bonds, and active and passive funds.
72GF Score

Get the complete analysis for FRA:EUX

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

€49.60
Price
€57.91
GF Value