Immsi SpA (FRA:IMY) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:IMY Immsi SpA FRA:IMY
43 GF Score
Price €0.48
GF Value €0.43
! 7 Warning Signs
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What is Immsi SpA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Immsi SpA  (FRA:IMY) 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.


Immsi SpA Cyclically Adjusted PS Ratio Related Terms


Immsi SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Immsi SpA'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.

Immsi SpA Cyclically Adjusted PS Ratio Chart

Immsi SpA 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 0.10 0.08 0.10 0.10 0.10

Immsi SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.08 0.10 0.09 0.10 0.08

FRA:IMY vs TSLA, GM, F: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, Immsi SpA'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.


Immsi SpA Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Immsi SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:IMY
43GF Score
Immsi SpA FRA:IMY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Immsi SpA 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.

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

For example, Immsi SpA'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)
=4.677/122.6000*122.6000
=4.677

Current CPI (Dec25) = 122.6000.

Immsi SpA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 4.064 100.300 4.968
201712 4.273 101.200 5.177
201812 4.301 102.300 5.154
201912 4.671 102.800 5.571
202012 4.043 102.600 4.831
202112 5.020 106.600 5.773
202212 6.244 119.000 6.433
202312 5.907 119.700 6.050
202412 5.134 121.200 5.193
202512 4.677 122.600 4.677

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.

Is Immsi SpA (FRA:IMY) Overvalued in 2026?

Based on GuruFocus' analysis, Immsi SpA stock appears to be overvalued. The current stock price of €0.48 is trading 11.9% above its estimated GF Value™ of €0.43.

Key valuation signals for FRA:IMY:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.43 vs. price of €0.48 (11.9% above fair value)
  • GF Score™: 43/100 with 7 warning signs

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


Immsi SpA Business Description

Other Exchanges IMS:Italy0O2X:UK
Address Piazza Vilfredo Pareto, 3, Centro Direzionale Boma, Mantova, ITA, 46100
Immsi SpA is an Italy-based holding company. The company's operating segments include Property and holding; Industrial and Marine. It generates maximum revenue from the Industrial segment. The industrial segment is engaged in the manufacture and marketing of motorcycles, scooters, mopeds, and light commercial vehicles. Geographically, it derives a majority of its revenue from Italy and also has a presence in the Rest of Europe, India, the United States, and the Rest of the World.
43GF Score

Get the complete analysis for FRA:IMY

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

€0.48
Price
€0.43
GF Value