Piaggio & C. SpA (FRA:P1I) Cyclically Adjusted PS Ratio: 0.37 (As of Aug. 01, 2026) — 37% Below Median

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FRA:P1I Piaggio & C. SpA FRA:P1I
74 GF Score
Price €1.90
GF Value €1.85
Valuation Fairly Valued
! 8 Warning Signs
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What is Piaggio & C. SpA Cyclically Adjusted PS Ratio?

Piaggio & C. SpA FRA:P1I +0.11% 74 Cyclically Adjusted PS Ratio is 0.37 as of Aug. 01, 2026, which is 37% below its 10-year median of 0.59. GuruFocus rates FRA:P1I with a GF Score™ of 74/100 and a GF Value™ of €1.85 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,043 Vehicles & Parts companies, Piaggio & C. SpA ranks better than 65.77% on this metric.

As of today (2026-08-01), Piaggio & C. SpA's current share price is €1.903. Piaggio & C. SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €5.08. Piaggio & C. SpA's Cyclically Adjusted PS Ratio for today is 0.37.

The historical rank and industry rank for Piaggio & C. SpA's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:P1I' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.59   Max: 0.9
Current: 0.38

During the past years, Piaggio & C. SpA's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.29. And the median was 0.59.

FRA:P1I's Cyclically Adjusted PS Ratio is ranked better than
65.77% of 1043 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs FRA:P1I: 0.38

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.

Piaggio & C. SpA's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.408. 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 €5.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Piaggio & C. SpA  (FRA:P1I) 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.


Piaggio & C. SpA Cyclically Adjusted PS Ratio Related Terms


Piaggio & C. SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Piaggio & C. 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.

Piaggio & C. SpA Cyclically Adjusted PS Ratio Chart

Piaggio & C. 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 0.72 0.61 0.62 0.44 0.37

Piaggio & C. SpA 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 0.38 0.39 0.37 0.30 0.31

FRA:P1I vs TSLA, GM, F: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, Piaggio & C. 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.


Piaggio & C. SpA Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

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


FRA:P1I
74GF Score
Piaggio & C. SpA FRA:P1I
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Piaggio & C. 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.

Piaggio & C. SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.903/5.08
=0.37

* 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.

Piaggio & C. SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Piaggio & C. SpA'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)
=1.408/126.4000*126.4000
=1.408

Current CPI (Jun. 2026) = 126.4000.

Piaggio & C. SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.908 100.100 1.147
201612 0.786 100.300 0.991
201703 0.835 101.000 1.045
201706 1.203 101.100 1.504
201709 0.927 101.200 1.158
201712 0.796 101.200 0.994
201803 0.872 101.800 1.083
201806 1.165 102.400 1.438
201809 1.018 102.600 1.254
201812 0.827 102.300 1.022
201903 0.969 102.800 1.191
201906 1.318 103.100 1.616
201909 1.073 102.900 1.318
201912 0.898 102.800 1.104
202003 0.872 102.900 1.071
202006 0.808 102.900 0.993
202009 1.103 102.300 1.363
202012 0.896 102.600 1.104
202103 1.077 103.700 1.313
202106 1.448 104.200 1.756
202109 1.169 104.900 1.409
202112 0.979 106.600 1.161
202203 1.276 110.400 1.461
202206 1.676 112.500 1.883
202209 1.614 114.200 1.786
202212 1.299 119.000 1.380
202303 1.534 118.800 1.632
202306 1.758 119.700 1.856
202309 1.280 120.300 1.345
202312 1.029 119.700 1.087
202403 1.208 120.200 1.270
202406 1.587 120.700 1.662
202409 1.036 121.200 1.080
202412 0.972 121.200 1.014
202503 1.049 122.500 1.082
202506 1.367 122.700 1.408
202509 0.998 123.100 1.025
202512 0.844 122.600 0.870
202603 0.970 124.560 0.984
202606 1.408 126.400 1.408

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 0.37 mean?
Piaggio & C. SpA (FRA:P1I) has a Cyclically Adjusted PS Ratio of 0.37 as of Aug. 01, 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 Piaggio & C. SpA and its competitors. This is 37% below median its historical median of 0.59. Over the past decade, Piaggio & C. SpA's Cyclically Adjusted PS Ratio has ranged from 0.29 to 0.90. According to the industry distribution chart, Piaggio & C. SpA ranks #357 out of 1043 companies in the Vehicles & Parts industry, placing it in the top 34.2%.
Is Piaggio & C. SpA's Cyclically Adjusted PS Ratio too high?
Piaggio & C. SpA's current Cyclically Adjusted PS Ratio of 0.37 is 37% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.90. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.72. Piaggio & C. SpA's value of 0.37 is 48.6% below this industry median. Based on the distribution chart, Piaggio & C. SpA ranks #357 out of 1043 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Piaggio & C. SpA has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Piaggio & C. SpA's Cyclically Adjusted PS Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Piaggio & C. SpA ranks #357 out of 1043 companies for Cyclically Adjusted PS Ratio. This puts Piaggio & C. SpA in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.72. Piaggio & C. SpA's value of 0.37 is 48.6% below this benchmark. Historically, Piaggio & C. SpA's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 0.90 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.72, Piaggio & C. SpA has consistently been below 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 0.72, based on 1,043 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. Piaggio & C. SpA's current Cyclically Adjusted PS Ratio of 0.37 is 48.6% below 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 Piaggio & C. SpA and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piaggio & C. SpA's current Cyclically Adjusted PS Ratio is 0.37, which is 37% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piaggio & C. SpA stock overvalued right now?
Based on GuruFocus' analysis, Piaggio & C. SpA (FRA:P1I) is currently considered Fairly Valued. The stock's GF Value™ is €1.85, compared to a current price of €1.90 — trading 2.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.37, which is 37% below median its 10-year median of 0.59 and 48.6% below the Vehicles & Parts industry median of 0.72. Piaggio & C. SpA's overall GF Score™ is 74/100 with 8 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 Piaggio & C. SpA (FRA:P1I), the current Cyclically Adjusted PS Ratio is 0.37 as of Aug. 01, 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 Piaggio & C. SpA (FRA:P1I) Overvalued in 2026?

Based on GuruFocus' analysis, Piaggio & C. SpA stock appears to be overvalued. The current stock price of €1.90 is trading 2.9% above its estimated GF Value™ of €1.85. GuruFocus considers Piaggio & C. SpA to be Fairly Valued.

Key valuation signals for FRA:P1I:

  • Cyclically Adjusted PS Ratio: 0.37 (37% below median its 10-year median of 0.59)
  • GF Value™: €1.85 vs. price of €1.90 (2.9% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 48.6% below the Vehicles & Parts median (#357 of 1043)

No single metric tells the full story. See the FRA:P1I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Piaggio & C. SpA Business Description

Address Viale Rinaldo Piaggio, 25, Pontedera, Pisa, ITA, 56025
Piaggio & C. SpA is an Italian manufacturer of motor vehicles and also offers spare parts and related accessories. The group's product portfolio consists of scooters, mopeds, and motorcycles marketed under the Aprilia, Piaggio, Vespa, Moto Guzzi, Gilera, Derbi, and other brands, as well as three- and four-wheeler light vehicles, marketed under the Piaggio, Ape, and Porter brands. Maximum revenue is generated from the sale of its two-wheeler vehicles. Its geographical segments are EMEA and Americas, India, and Asia Pacific, with each segment having its production sites and a sales network dedicated to customers in that geographic segment. The group's key revenue is derived from the EMEA and Americas segment, which deals with the distribution and sale of two-wheeler and commercial vehicles.
74GF Score

Get the complete analysis for FRA:P1I

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

€1.90
Price
€1.85
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