Launch Tech Co (FRA:LAN) Cyclically Adjusted PS Ratio: 1.95 (As of Jul. 13, 2026) — 12% Above Median


FRA:LAN Launch Tech Co Ltd FRA:LAN
78 GF Score
Price €0.76
GF Value €0.71
Valuation Fairly Valued
! 2 Warning Signs
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What is Launch Tech Co Cyclically Adjusted PS Ratio?

Launch Tech Co FRA:LAN +2.01% 78 Cyclically Adjusted PS Ratio is 1.95 as of Jul. 13, 2026, which is 12% above its 10-year median of 1.74. GuruFocus rates FRA:LAN with a GF Score™ of 78/100 and a GF Value™ of €0.71 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,041 Vehicles & Parts companies, Launch Tech Co ranks worse than 75.12% on this metric.

As of today (2026-07-13), Launch Tech Co's current share price is €0.76. Launch Tech Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €0.39. Launch Tech Co's Cyclically Adjusted PS Ratio for today is 1.95.

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

FRA:LAN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.74   Max: 4.61
Current: 1.92

During the past 13 years, Launch Tech Co's highest Cyclically Adjusted PS Ratio was 4.61. The lowest was 0.53. And the median was 1.74.

FRA:LAN's Cyclically Adjusted PS Ratio is ranked worse than
75.12% of 1041 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs FRA:LAN: 1.92

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.

Launch Tech Co's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €0.618. 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 €0.39 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Launch Tech Co  (FRA:LAN) 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.


Launch Tech Co Cyclically Adjusted PS Ratio Related Terms


Launch Tech Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Launch Tech 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.

Launch Tech Co Cyclically Adjusted PS Ratio Chart

Launch Tech Co 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 1.02 0.89 0.56 2.72 2.38

Launch Tech Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.56 0.00 2.72 0.00 2.38

FRA:LAN vs ORLY, AZO: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Launch Tech 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.


Launch Tech Co Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

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


FRA:LAN
78GF Score
Launch Tech Co Ltd FRA:LAN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Launch Tech 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.

Launch Tech Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.76/0.39
=1.95

* 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.

Launch Tech Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Launch Tech Co'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)
=0.618/115.8323*115.8323
=0.618

Current CPI (Dec25) = 115.8323.

Launch Tech Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.290 102.600 0.327
201712 0.303 104.500 0.336
201812 0.358 106.500 0.389
201912 0.277 111.200 0.289
202012 0.311 111.500 0.323
202112 0.432 113.108 0.442
202212 0.369 115.116 0.371
202312 0.478 114.781 0.482
202412 0.594 114.893 0.599
202512 0.618 115.832 0.618

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 1.95 mean?
Launch Tech Co (FRA:LAN) has a Cyclically Adjusted PS Ratio of 1.95 as of Jul. 13, 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 Launch Tech Co and its competitors. This is 12% above median its historical median of 1.74. Over the past decade, Launch Tech Co's Cyclically Adjusted PS Ratio has ranged from 0.53 to 4.61. According to the industry distribution chart, Launch Tech Co ranks #782 out of 1041 companies in the Vehicles & Parts industry, placing it in the top 75.1%.
Is Launch Tech Co's Cyclically Adjusted PS Ratio too high?
Launch Tech Co's current Cyclically Adjusted PS Ratio of 1.95 is 12% above median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 4.61. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Launch Tech Co's value of 1.95 is 163.5% above this industry median. Based on the distribution chart, Launch Tech Co ranks #782 out of 1041 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Launch Tech Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Launch Tech Co's Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Launch Tech Co ranks #782 out of 1041 companies for Cyclically Adjusted PS Ratio. This places Launch Tech Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Launch Tech Co's value of 1.95 is 163.5% above this benchmark. Historically, Launch Tech Co's own Cyclically Adjusted PS Ratio has ranged from 0.53 to 4.61 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 0.74, Launch Tech Co 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,041 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. Launch Tech Co's current Cyclically Adjusted PS Ratio of 1.95 is 163.5% 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 Launch Tech Co and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Launch Tech Co's current Cyclically Adjusted PS Ratio is 1.95, which is 12% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Launch Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Launch Tech Co (FRA:LAN) is currently considered Fairly Valued. The stock's GF Value™ is €0.71, compared to a current price of €0.76 — trading 7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.95, which is 12% above median its 10-year median of 1.74 and 163.5% above the Vehicles & Parts industry median of 0.74. Launch Tech Co's overall GF Score™ is 78/100 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 Launch Tech Co (FRA:LAN), the current Cyclically Adjusted PS Ratio is 1.95 as of Jul. 13, 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 Launch Tech Co (FRA:LAN) Overvalued in 2026?

Based on GuruFocus' analysis, Launch Tech Co stock appears to be overvalued. The current stock price of €0.76 is trading 7% above its estimated GF Value™ of €0.71. GuruFocus considers Launch Tech Co to be Fairly Valued.

Key valuation signals for FRA:LAN:

  • Cyclically Adjusted PS Ratio: 1.95 (12% above median its 10-year median of 1.74)
  • GF Value™: €0.71 vs. price of €0.76 (7% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 163.5% above the Vehicles & Parts median (#782 of 1041)

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


Launch Tech Co Business Description

Other Exchanges 02488:Hong KongLAN:Germany
Address North of Wuhe Road, Launch Industrial Park, Banxuegang, Longgang District, Shenzhen, CHN, 518129
Launch Tech Co Ltd principally engages in the provision of products and services serving the automotive aftermarket and the automobile industry mainly in the People's Republic of China and certain overseas countries. The Company has three reporting segments: i) Automotive diagnosis segment, ii) Europe Overseas Sales segment, and iii) U.S. overseas sales segment. The automotive diagnosis segment covers research and development, production and sales of automotive diagnostic and inspection products. The Europe Overseas Sales segment covers development and maintenance of European distributors and customers. The U.S. Overseas Sales segment covers development and maintenance of distributors and customers in the Americas. The majority of revenue is derived from the Automotive diagnosis segment.
78GF Score

Get the complete analysis for FRA:LAN

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

€0.76
Price
€0.71
GF Value