Lemonsoft Oyj (FRA:M36) Cyclically Adjusted PS Ratio: (As of Jul. 29, 2026)

Author: Vera Yuan 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:M36 Lemonsoft Oyj FRA:M36
75 GF Score
Price €4.47
GF Value €6.70
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Lemonsoft Oyj Cyclically Adjusted PS Ratio?

Lemonsoft Oyj does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lemonsoft Oyj  (FRA:M36) 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.


Lemonsoft Oyj Cyclically Adjusted PS Ratio Related Terms


Lemonsoft Oyj Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lemonsoft Oyj'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.

Lemonsoft Oyj Cyclically Adjusted PS Ratio Chart

Lemonsoft Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
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Lemonsoft Oyj 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 0.00 0.00 0.00 0.00 0.00

FRA:M36 vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Lemonsoft Oyj'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.


Lemonsoft Oyj Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Lemonsoft Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:M36
75GF Score
Lemonsoft Oyj FRA:M36
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lemonsoft Oyj 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.

Lemonsoft Oyj does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is Lemonsoft Oyj (FRA:M36) Overvalued in 2026?

Based on GuruFocus' analysis, Lemonsoft Oyj stock appears to be undervalued. The current stock price of €4.47 is trading 33.3% below its estimated GF Value™ of €6.70. GuruFocus considers Lemonsoft Oyj to be Significantly Undervalued.

Key valuation signals for FRA:M36:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €6.70 vs. price of €4.47 (33.3% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the FRA:M36 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lemonsoft Oyj Business Description

Other Exchanges LEMON:Finland
Address Vaasanpuistikko 20 A, 4th floor, Vaasa, FIN, 65100
Lemonsoft Oyj is a Finnish software company that designs, develops, and sells ERP software solutions to streamline its customers' processes across different business lines and administration. The Company operates in the ERP software market in Finland as a service provider for SMEs.
75GF Score

Get the complete analysis for FRA:M36

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

€4.47
Price
€6.70
GF Value