VIGO Photonics (FRA:J8Z) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
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:J8Z VIGO Photonics SA FRA:J8Z
66 GF Score
Price €114.50
GF Value €151.82
Valuation Modestly Undervalued
! 3 Warning Signs
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What is VIGO Photonics Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VIGO Photonics  (FRA:J8Z) 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.


VIGO Photonics Cyclically Adjusted PS Ratio Related Terms


VIGO Photonics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for VIGO Photonics'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.

VIGO Photonics Cyclically Adjusted PS Ratio Chart

VIGO Photonics 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 - - - - 5.03

VIGO Photonics 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 - 5.95 5.79 4.96 5.12

FRA:J8Z vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, VIGO Photonics'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.


VIGO Photonics Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, VIGO Photonics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:J8Z
66GF Score
VIGO Photonics SA FRA:J8Z
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VIGO Photonics 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.

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

For example, VIGO Photonics'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)
=5.211/163.0700*163.0700
=5.211

Current CPI (Mar. 2026) = 163.0700.

VIGO Photonics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.205 99.552 3.612
201609 1.955 99.064 3.218
201612 2.402 100.366 3.903
201703 1.999 101.018 3.227
201706 2.786 101.180 4.490
201709 2.170 101.343 3.492
201712 1.810 102.564 2.878
201803 2.974 102.564 4.728
201806 3.154 103.378 4.975
201809 2.975 103.378 4.693
201812 2.942 103.785 4.623
201903 3.654 104.274 5.714
201906 2.706 105.983 4.164
201909 3.783 105.983 5.821
201912 3.545 107.123 5.396
202003 3.933 109.076 5.880
202006 4.229 109.402 6.304
202009 3.979 109.320 5.935
202012 4.344 109.565 6.465
202103 4.401 112.658 6.370
202106 5.451 113.960 7.800
202109 5.003 115.588 7.058
202112 6.612 119.088 9.054
202203 3.480 125.031 4.539
202206 5.604 131.705 6.939
202209 4.866 135.531 5.855
202212 5.900 139.113 6.916
202303 5.462 145.950 6.103
202306 5.512 147.009 6.114
202309 5.051 146.113 5.637
202312 6.770 147.741 7.472
202403 4.182 149.044 4.576
202406 6.038 150.997 6.521
202409 4.183 153.439 4.446
202412 6.391 154.660 6.739
202503 6.005 157.021 6.236
202506 5.447 157.509 5.639
202509 6.250 158.000 6.451
202512 7.384 158.320 7.606
202603 5.211 163.070 5.211

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 VIGO Photonics (FRA:J8Z) Overvalued in 2026?

Based on GuruFocus' analysis, VIGO Photonics stock appears to be undervalued. The current stock price of €114.50 is trading 24.6% below its estimated GF Value™ of €151.82. GuruFocus considers VIGO Photonics to be Modestly Undervalued.

Key valuation signals for FRA:J8Z:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €151.82 vs. price of €114.50 (24.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the FRA:J8Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VIGO Photonics Business Description

Other Exchanges VGO:Poland
Address 129/133 Poznanska Street, Ozarow Mazowiecki, POL, 05-850
VIGO Photonics SA is a manufacturer of uncooled infrared photon detectors. The detectors are used in the fields of Industry, Defense and Security, Environmental Protection, Healthcare, Transport, and Research & Development. The company's products include MCT Detectors, InAs Detectors, InAsSb Detectors, and Dedicated electronics. It has two operating segments: the Semiconductor modules segment and the Semiconductor materials segment.
66GF Score

Get the complete analysis for FRA:J8Z

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

€114.50
Price
€151.82
GF Value