Atrem (FRA:HK0) Cyclically Adjusted PS Ratio: 3.22 (As of Aug. 10, 2026) — 1300% Above Median

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FRA:HK0 Atrem SA FRA:HK0
67 GF Score
Price €13.60
GF Value €6.91
! 2 Warning Signs
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What is Atrem Cyclically Adjusted PS Ratio?

Atrem FRA:HK0 -2.72% 67 Cyclically Adjusted PS Ratio is 3.22 as of Aug. 10, 2026, which is 1300% above its 10-year median of 0.23. GuruFocus rates FRA:HK0 with a GF Score™ of 67/100 and a GF Value™ of €6.91. The stock has 2 warning signs investors should review. Among 1,377 Construction companies, Atrem ranks worse than 87.15% on this metric.

As of today (2026-08-10), Atrem's current share price is €13.60. Atrem's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.23. Atrem's Cyclically Adjusted PS Ratio for today is 3.22.

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

FRA:HK0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.23   Max: 3.34
Current: 3.2

During the past years, Atrem's highest Cyclically Adjusted PS Ratio was 3.34. The lowest was 0.09. And the median was 0.23.

FRA:HK0's Cyclically Adjusted PS Ratio is ranked worse than
87.15% of 1377 companies
in the Construction industry
Industry Median: 0.71 vs FRA:HK0: 3.20

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.

Atrem's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.576. 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 €4.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atrem  (FRA:HK0) 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.


Atrem Cyclically Adjusted PS Ratio Related Terms


Atrem Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Atrem'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.

Atrem Cyclically Adjusted PS Ratio Chart

Atrem 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 0.18 0.23 0.41 1.01 3.16

Atrem Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.49 1.95 2.59 3.16 2.49

FRA:HK0 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Atrem'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.


Atrem Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Atrem's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:HK0
67GF Score
Atrem SA FRA:HK0
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atrem 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.

Atrem's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.60/4.23
=3.22

* 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.

Atrem's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.576/163.0700*163.0700
=1.576

Current CPI (Mar. 2026) = 163.0700.

Atrem Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.989 99.552 1.620
201609 0.581 99.064 0.956
201612 0.637 100.366 1.035
201703 0.296 101.018 0.478
201706 0.407 101.180 0.656
201709 0.611 101.343 0.983
201712 0.662 102.564 1.053
201803 0.763 102.564 1.213
201806 0.698 103.378 1.101
201809 0.877 103.378 1.383
201812 1.042 103.785 1.637
201903 0.713 104.274 1.115
201906 0.834 105.983 1.283
201909 0.714 105.983 1.099
201912 0.759 107.123 1.155
202003 0.440 109.076 0.658
202006 0.479 109.402 0.714
202009 0.411 109.320 0.613
202012 0.880 109.565 1.310
202103 0.423 112.658 0.612
202106 0.589 113.960 0.843
202109 0.768 115.588 1.083
202112 0.755 119.088 1.034
202203 0.805 125.031 1.050
202206 0.855 131.705 1.059
202209 0.582 135.531 0.700
202212 0.558 139.113 0.654
202303 0.473 145.950 0.528
202306 0.786 147.009 0.872
202309 1.118 146.113 1.248
202312 1.176 147.741 1.298
202403 0.831 149.044 0.909
202406 1.066 150.997 1.151
202409 1.258 153.439 1.337
202412 1.650 154.660 1.740
202503 1.077 157.021 1.118
202506 1.518 157.509 1.572
202509 2.283 158.000 2.356
202512 3.038 158.320 3.129
202603 1.576 163.070 1.576

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 3.22 mean?
Atrem (FRA:HK0) has a Cyclically Adjusted PS Ratio of 3.22 as of Aug. 10, 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 Atrem and its competitors. This is 1300% above median its historical median of 0.23. Over the past decade, Atrem's Cyclically Adjusted PS Ratio has ranged from 0.09 to 3.34. According to the industry distribution chart, Atrem ranks #1200 out of 1377 companies in the Construction industry, placing it in the top 87.1%.
Is Atrem's Cyclically Adjusted PS Ratio too high?
Atrem's current Cyclically Adjusted PS Ratio of 3.22 is 1300% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 3.34. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Atrem's value of 3.22 is 353.5% above this industry median. Based on the distribution chart, Atrem ranks #1200 out of 1377 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Atrem has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Atrem's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Atrem ranks #1200 out of 1377 companies for Cyclically Adjusted PS Ratio. This places Atrem in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Atrem's value of 3.22 is 353.5% above this benchmark. Historically, Atrem's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 3.34 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.71, Atrem 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,377 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. Atrem's current Cyclically Adjusted PS Ratio of 3.22 is 353.5% 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 Atrem and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atrem's current Cyclically Adjusted PS Ratio is 3.22, which is 1300% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atrem stock overvalued right now?
Atrem (FRA:HK0) has a current Cyclically Adjusted PS Ratio of 3.22. The stock's GF Value™ is €6.91, compared to a current price of €13.60 — trading 96.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.22, which is 1300% above median its 10-year median of 0.23 and 353.5% above the Construction industry median of 0.71. Atrem's overall GF Score™ is 67/100 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 Atrem (FRA:HK0), the current Cyclically Adjusted PS Ratio is 3.22 as of Aug. 10, 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 Atrem (FRA:HK0) Overvalued in 2026?

Based on GuruFocus' analysis, Atrem stock appears to be overvalued. The current stock price of €13.60 is trading 96.8% above its estimated GF Value™ of €6.91.

Key valuation signals for FRA:HK0:

  • Cyclically Adjusted PS Ratio: 3.22 (1300% above median its 10-year median of 0.23)
  • GF Value™: €6.91 vs. price of €13.60 (96.8% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 353.5% above the Construction median (#1200 of 1377)

No single metric tells the full story. See the FRA:HK0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atrem Business Description

Other Exchanges ATR:Poland
Address ul. Czolgowa 4, Zlotniki, Suchy Las, POL, 62-002
Atrem SA is engaged in the provision of engineering services. The company provides services to industrial automation, telecommunications, IT, air conditioning and the construction of the airport and logistic systems. It performs both as a general contractor of the investment as well as a subcontractor. The company operates in approximately 5 countries.
67GF Score

Get the complete analysis for FRA:HK0

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

€13.60
Price
€6.91
GF Value