Traction AB (FRA:J2R) Cyclically Adjusted PS Ratio: 9.43 (As of Aug. 11, 2026) — Near Median

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FRA:J2R Traction AB FRA:J2R
32 GF Score
Price €21.70
! 1 Warning Sign
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What is Traction AB Cyclically Adjusted PS Ratio?

Traction AB FRA:J2R +0.46% 32 Cyclically Adjusted PS Ratio is 9.43 as of Aug. 11, 2026, which is 0% above its 10-year median of 9.40. GuruFocus rates FRA:J2R with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 921 Asset Management companies, Traction AB ranks worse than 56.24% on this metric.

As of today (2026-08-11), Traction AB's current share price is €21.70. Traction AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €2.30. Traction AB's Cyclically Adjusted PS Ratio for today is 9.43.

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

FRA:J2R' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.26   Med: 9.4   Max: 12.54
Current: 9.33

During the past years, Traction AB's highest Cyclically Adjusted PS Ratio was 12.54. The lowest was 5.26. And the median was 9.40.

FRA:J2R's Cyclically Adjusted PS Ratio is ranked worse than
56.24% of 921 companies
in the Asset Management industry
Industry Median: 8 vs FRA:J2R: 9.33

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.

Traction AB's adjusted revenue per share data for the three months ended in Jun. 2026 was €2.160. 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 €2.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Traction AB  (FRA:J2R) 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.


Traction AB Cyclically Adjusted PS Ratio Related Terms


Traction AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Traction AB'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.

Traction AB Cyclically Adjusted PS Ratio Chart

Traction AB 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 10.06 9.65 10.80 10.68 10.35

Traction AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 11.45 10.74 10.35 10.53 9.10

FRA:J2R vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Traction AB'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.


Traction AB Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Traction AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:J2R
32GF Score
Traction AB FRA:J2R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Traction AB 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.

Traction AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.70/2.30
=9.43

* 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.

Traction AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.16/134.6100*134.6100
=2.160

Current CPI (Jun. 2026) = 134.6100.

Traction AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.741 101.138 2.317
201612 0.916 102.022 1.209
201703 1.210 102.022 1.597
201706 1.924 102.752 2.521
201709 0.069 103.279 0.090
201712 -0.967 103.793 -1.254
201803 0.259 103.962 0.335
201806 0.731 104.875 0.938
201809 0.924 105.679 1.177
201812 -2.339 105.912 -2.973
201903 0.740 105.886 0.941
201906 1.473 106.742 1.858
201909 -0.488 107.214 -0.613
201912 1.022 107.766 1.277
202003 -4.098 106.563 -5.177
202006 1.096 107.498 1.372
202009 1.772 107.635 2.216
202012 1.385 108.296 1.722
202103 3.345 108.360 4.155
202106 1.082 108.928 1.337
202109 1.324 110.338 1.615
202112 3.223 112.486 3.857
202203 -0.105 114.825 -0.123
202206 -2.335 118.384 -2.655
202209 -1.263 122.296 -1.390
202212 1.368 126.365 1.457
202303 1.290 127.042 1.367
202306 -0.137 129.407 -0.143
202309 -1.189 130.224 -1.229
202312 1.826 131.912 1.863
202403 0.782 132.205 0.796
202406 1.306 132.716 1.325
202409 0.082 132.304 0.083
202412 0.751 132.987 0.760
202503 0.386 132.825 0.391
202506 0.276 133.699 0.278
202509 -0.358 133.480 -0.361
202512 1.006 133.390 1.015
202603 -0.617 133.560 -0.622
202606 2.160 134.610 2.160

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 9.43 mean?
Traction AB (FRA:J2R) has a Cyclically Adjusted PS Ratio of 9.43 as of Aug. 11, 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 Traction AB and its competitors. This is near median its historical median of 9.40. Over the past decade, Traction AB's Cyclically Adjusted PS Ratio has ranged from 5.26 to 12.54. According to the industry distribution chart, Traction AB ranks #518 out of 921 companies in the Asset Management industry, placing it in the top 56.2%.
Is Traction AB's Cyclically Adjusted PS Ratio too high?
Traction AB's current Cyclically Adjusted PS Ratio of 9.43 is near median its 10-year median of 9.40. Over the past 10 years, this metric has ranged from a low of 5.26 to a high of 12.54. The Asset Management industry median Cyclically Adjusted PS Ratio is 8.00. Traction AB's value of 9.43 is 17.9% above this industry median. Based on the distribution chart, Traction AB ranks #518 out of 921 companies in the Asset Management industry, which is below the industry midpoint. Overall, Traction AB has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Traction AB's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Traction AB ranks #518 out of 921 companies for Cyclically Adjusted PS Ratio. This places Traction AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 8.00. Traction AB's value of 9.43 is 17.9% above this benchmark. Historically, Traction AB's own Cyclically Adjusted PS Ratio has ranged from 5.26 to 12.54 over the past decade. While the company's 10-year median is 9.40 vs. the industry median of 8.00, Traction AB 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 8.00, based on 921 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. Traction AB's current Cyclically Adjusted PS Ratio of 9.43 is 17.9% 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 Traction AB and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Traction AB's current Cyclically Adjusted PS Ratio is 9.43, which is near median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Traction AB stock overvalued right now?
Traction AB (FRA:J2R) has a current Cyclically Adjusted PS Ratio of 9.43. The current Cyclically Adjusted PS Ratio is 9.43, which is near median its 10-year median of 9.40 and 17.9% above the Asset Management industry median of 8.00. Traction AB's overall GF Score™ is 32/100 with 1 warning sign 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 Traction AB (FRA:J2R), the current Cyclically Adjusted PS Ratio is 9.43 as of Aug. 11, 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.

Traction AB Business Description

Other Exchanges TRAC B:Sweden
Address Birger Jarlsgatan 33, Box 3314, Stockholm, SWE, 103 66
Traction AB is a Sweden-based investment company engaged in the long-term business development of wholly and partially owned companies. Its core objective is to realize a good return on capital. Its activities are divided into three business divisions: Customer relationships, providing customer-focused business models; Capital flows, offering cost control; and Risk management, including sharing and reducing risk factors. Traction AB invests in listed active holdings, such as BE Group, Drillcon, Duroc, Hifab Group, Nordic Camping and Resort, OEM International, PartnerTech, Softronic, and SwitchCore, as well as in unlisted active entities, including Banking Automation, Modular Streams, Recco Holding, and Silicon.
32GF Score

Get the complete analysis for FRA:J2R

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

€21.70
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