Art's-Way Manufacturing Co (FRA:ID2) Cyclically Adjusted PS Ratio: 0.50 (As of Aug. 20, 2026) — 47% Above Median

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FRA:ID2 Art's-Way Manufacturing Co Inc FRA:ID2
55 GF Score
Price €2.56
GF Value €1.57
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio?

Art's-Way Manufacturing Co FRA:ID2 -2.29% 55 Cyclically Adjusted PS Ratio is 0.50 as of Aug. 20, 2026, which is 47% above its 10-year median of 0.34. GuruFocus rates FRA:ID2 with a GF Score™ of 55/100 and a GF Value™ of €1.57 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 168 Farm & Heavy Construction Machinery companies, Art's-Way Manufacturing Co ranks better than 76.19% on this metric.

As of today (2026-08-20), Art's-Way Manufacturing Co's current share price is €2.56. Art's-Way Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was €5.17. Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio for today is 0.50.

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

FRA:ID2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.34   Max: 0.81
Current: 0.48

During the past years, Art's-Way Manufacturing Co's highest Cyclically Adjusted PS Ratio was 0.81. The lowest was 0.21. And the median was 0.34.

FRA:ID2's Cyclically Adjusted PS Ratio is ranked better than
76.19% of 168 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.03 vs FRA:ID2: 0.48

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.

Art's-Way Manufacturing Co's adjusted revenue per share data for the three months ended in May. 2026 was €1.296. 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 €5.17 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Art's-Way Manufacturing Co  (FRA:ID2) 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.


Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio Related Terms


Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Art's-Way Manufacturing 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.

Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio Chart

Art's-Way Manufacturing Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.27 0.29 0.26 0.38

Art's-Way Manufacturing Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.28 0.50 0.38 0.38 0.41

FRA:ID2 vs GP, CLEV, HCAI: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Art's-Way Manufacturing 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.


Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio falls into.


FRA:ID2
55GF Score
Art's-Way Manufacturing Co Inc FRA:ID2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Art's-Way Manufacturing 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.

Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.56/5.17
=0.50

* 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.

Art's-Way Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, Art's-Way Manufacturing Co's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=1.296/335.1230*335.1230
=1.296

Current CPI (May. 2026) = 335.1230.

Art's-Way Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 1.397 240.849 1.944
201611 0.929 241.353 1.290
201702 1.006 243.603 1.384
201705 1.020 244.733 1.397
201708 1.333 245.519 1.819
201711 1.036 246.669 1.408
201802 1.042 248.991 1.402
201805 1.063 251.588 1.416
201808 1.086 252.146 1.443
201811 0.790 252.038 1.050
201902 0.856 252.776 1.135
201905 1.195 256.092 1.564
201908 1.148 256.558 1.500
201911 1.599 257.208 2.083
202002 1.068 258.678 1.384
202005 1.134 256.394 1.482
202008 1.234 259.918 1.591
202011 1.045 260.229 1.346
202102 0.998 263.014 1.272
202105 1.039 269.195 1.293
202108 1.237 273.567 1.515
202111 1.403 277.948 1.692
202202 1.082 283.716 1.278
202205 1.487 292.296 1.705
202208 1.570 296.171 1.776
202211 1.317 297.711 1.483
202302 1.330 300.840 1.482
202305 1.509 304.127 1.663
202308 1.486 307.026 1.622
202311 1.264 307.051 1.380
202402 1.056 310.326 1.140
202405 1.228 314.069 1.310
202408 1.051 314.796 1.119
202411 1.152 315.493 1.224
202502 0.976 319.082 1.025
202505 1.103 321.465 1.150
202508 1.082 323.976 1.119
202511 0.857 324.122 0.886
202602 1.093 326.785 1.121
202605 1.296 335.123 1.296

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 0.50 mean?
Art's-Way Manufacturing Co (FRA:ID2) has a Cyclically Adjusted PS Ratio of 0.50 as of Aug. 20, 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 Art's-Way Manufacturing Co and its competitors. This is 47% above median its historical median of 0.34. Over the past decade, Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio has ranged from 0.21 to 0.81. According to the industry distribution chart, Art's-Way Manufacturing Co ranks #40 out of 168 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 23.8%.
Is Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio too high?
Art's-Way Manufacturing Co's current Cyclically Adjusted PS Ratio of 0.50 is 47% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.81. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.03. Art's-Way Manufacturing Co's value of 0.50 is 51.5% below this industry median. Based on the distribution chart, Art's-Way Manufacturing Co ranks #40 out of 168 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Art's-Way Manufacturing Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio compare to GP and CLEV?
According to the Farm & Heavy Construction Machinery industry distribution chart, Art's-Way Manufacturing Co ranks #40 out of 168 companies for Cyclically Adjusted PS Ratio. This places Art's-Way Manufacturing Co in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.03. Art's-Way Manufacturing Co's value of 0.50 is 51.5% below this benchmark. Historically, Art's-Way Manufacturing Co's own Cyclically Adjusted PS Ratio has ranged from 0.21 to 0.81 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.03, Art's-Way Manufacturing Co 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 a Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.03, based on 168 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. Art's-Way Manufacturing Co's current Cyclically Adjusted PS Ratio of 0.50 is 51.5% 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 Art's-Way Manufacturing Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Art's-Way Manufacturing Co's current Cyclically Adjusted PS Ratio is 0.50, which is 47% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art's-Way Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Art's-Way Manufacturing Co (FRA:ID2) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.57, compared to a current price of €2.56 — trading 63.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.50, which is 47% above median its 10-year median of 0.34 and 51.5% below the Farm & Heavy Construction Machinery industry median of 1.03. Art's-Way Manufacturing Co's overall GF Score™ is 55/100 with 5 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 Art's-Way Manufacturing Co (FRA:ID2), the current Cyclically Adjusted PS Ratio is 0.50 as of Aug. 20, 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 Art's-Way Manufacturing Co (FRA:ID2) Overvalued in 2026?

Based on GuruFocus' analysis, Art's-Way Manufacturing Co stock appears to be overvalued. The current stock price of €2.56 is trading 63.1% above its estimated GF Value™ of €1.57. GuruFocus considers Art's-Way Manufacturing Co to be Significantly Overvalued.

Key valuation signals for FRA:ID2:

  • Cyclically Adjusted PS Ratio: 0.50 (47% above median its 10-year median of 0.34)
  • GF Value™: €1.57 vs. price of €2.56 (63.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 51.5% below the Farm & Heavy Construction Machinery median (#40 of 168)

No single metric tells the full story. See the FRA:ID2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Art's-Way Manufacturing Co Business Description

Other Exchanges ARTW:USA
Address 5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has two reportable segments: Agricultural Products and Modular Buildings. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and world wide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. It derives revenues from the Agricultural Products segment.
55GF Score

Get the complete analysis for FRA:ID2

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

€2.56
Price
€1.57
GF Value