Photon Energy NV (FRA:P7V) Cyclically Adjusted PS Ratio: (As of Sep. 02, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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:P7V Photon Energy NV FRA:P7V
59 GF Score
Price €0.28
GF Value €1.57
Valuation Possible Value Trap
! 6 Warning Signs
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What is Photon Energy NV Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Photon Energy NV  (FRA:P7V) 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.


Photon Energy NV Cyclically Adjusted PS Ratio Related Terms


Photon Energy NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Photon Energy NV'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.

Photon Energy NV Cyclically Adjusted PS Ratio Chart

Photon Energy NV 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 3.43 5.19 2.86 1.25 0.47

Photon Energy NV 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 0.90 0.72 0.47 0.30 0.00

FRA:P7V vs FSLR, NXT, ENPH: Cyclically Adjusted PS Ratio Comparison

For the Solar subindustry, Photon Energy NV'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.


Photon Energy NV Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Photon Energy NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Photon Energy NV's Cyclically Adjusted PS Ratio falls into.


FRA:P7V
59GF Score
Photon Energy NV FRA:P7V
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Photon Energy NV 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.

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

For example, Photon Energy NV'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)
=0.47/137.7700*137.7700
=0.470

Current CPI (Jun. 2026) = 137.7700.

Photon Energy NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.090 100.570 0.123
201612 0.033 100.710 0.045
201703 0.054 101.440 0.073
201706 0.103 101.370 0.140
201709 0.096 102.030 0.130
201712 0.071 101.970 0.096
201803 0.072 102.470 0.097
201806 0.131 103.100 0.175
201809 0.120 103.950 0.159
201812 0.071 103.970 0.094
201903 0.082 105.370 0.107
201906 0.155 105.840 0.202
201909 0.201 106.700 0.260
201912 0.151 106.800 0.195
202003 0.104 106.850 0.134
202006 0.173 107.510 0.222
202009 0.175 107.880 0.223
202012 0.092 107.850 0.118
202103 0.089 108.870 0.113
202106 0.183 109.670 0.230
202109 0.181 110.790 0.225
202112 0.209 114.010 0.253
202203 0.162 119.460 0.187
202206 0.413 119.050 0.478
202209 0.629 126.890 0.683
202212 0.466 124.940 0.514
202303 0.376 124.720 0.415
202306 0.307 125.830 0.336
202309 0.322 127.160 0.349
202312 0.187 126.450 0.204
202403 0.284 128.580 0.304
202406 0.391 129.910 0.415
202409 0.377 131.610 0.395
202412 0.431 131.630 0.451
202503 0.360 133.330 0.372
202506 0.420 133.960 0.432
202509 0.404 135.920 0.409
202512 0.299 135.270 0.305
202603 0.284 136.910 0.286
202606 0.470 137.770 0.470

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 Photon Energy NV (FRA:P7V) Overvalued in 2026?

Based on GuruFocus' analysis, Photon Energy NV stock appears to be undervalued. The current stock price of €0.28 is trading 82.2% below its estimated GF Value™ of €1.57. GuruFocus considers Photon Energy NV to be Possible Value Trap.

Key valuation signals for FRA:P7V:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €1.57 vs. price of €0.28 (82.2% below fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the FRA:P7V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Photon Energy NV Business Description

Address Barbara Strozzilaan 201, Amsterdam, NLD, 1083HN
Photon Energy NV is an investment holding company. It engages in the provision of solar power solutions and services. The company covers the entire life cycle of solar power systems. It operates through the following business segments: Engineering, Technology, Investment, Operations and Maintenance, New Energy, and Others. It generates the majority of its revenue from the New Energy segment. It has operations in the Czech Republic, Hungary, Poland, Australia, Romania, the Slovak Republic, and Germany. The firm generates the majority of revenue from the Czech Republic.
59GF Score

Get the complete analysis for FRA:P7V

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

€0.28
Price
€1.57
GF Value