PC Connection (FRA:PCC) Cyclically Adjusted PS Ratio: 0.63 (As of Aug. 09, 2026) — 47% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:PCC PC Connection Inc FRA:PCC
74 GF Score
Price €70.50
GF Value €59.92
! 7 Warning Signs
View Full Analysis

What is PC Connection Cyclically Adjusted PS Ratio?

PC Connection FRA:PCC +0.71% 74 Cyclically Adjusted PS Ratio is 0.63 as of Aug. 09, 2026, which is 47% above its 10-year median of 0.43. GuruFocus rates FRA:PCC with a GF Score™ of 74/100 and a GF Value™ of €59.92. The stock has 7 warning signs investors should review. Among 1,979 Hardware companies, PC Connection ranks better than 68.92% on this metric.

As of today (2026-08-09), PC Connection's current share price is €70.50. PC Connection's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €111.16. PC Connection's Cyclically Adjusted PS Ratio for today is 0.63.

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

FRA:PCC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.43   Max: 0.65
Current: 0.65

During the past years, PC Connection's highest Cyclically Adjusted PS Ratio was 0.65. The lowest was 0.27. And the median was 0.43.

FRA:PCC's Cyclically Adjusted PS Ratio is ranked better than
68.92% of 1979 companies
in the Hardware industry
Industry Median: 1.39 vs FRA:PCC: 0.65

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.

PC Connection's adjusted revenue per share data for the three months ended in Jun. 2026 was €29.254. 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 €111.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PC Connection  (FRA:PCC) 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.


PC Connection Cyclically Adjusted PS Ratio Related Terms


PC Connection Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PC Connection'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.

PC Connection Cyclically Adjusted PS Ratio Chart

PC Connection 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 0.39 0.39 0.55 0.56 0.46

PC Connection 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 0.52 0.49 0.46 0.45 0.56

FRA:PCC vs SCSC, NLST, NSIT: Cyclically Adjusted PS Ratio Comparison

For the Electronics & Computer Distribution subindustry, PC Connection'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.


PC Connection Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


FRA:PCC
74GF Score
PC Connection Inc FRA:PCC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PC Connection 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.

PC Connection's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=70.50/111.16
=0.63

* 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.

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

For example, PC Connection'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)
=29.254/333.9520*333.9520
=29.254

Current CPI (Jun. 2026) = 333.9520.

PC Connection Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 23.611 241.428 32.660
201612 26.039 241.432 36.017
201703 23.338 243.801 31.968
201706 24.814 244.955 33.829
201709 22.745 246.819 30.775
201712 23.939 246.524 32.429
201803 18.829 249.554 25.197
201806 22.551 251.989 29.886
201809 20.978 252.439 27.752
201812 23.300 251.233 30.972
201903 21.117 254.202 27.742
201906 24.755 256.143 32.275
201909 25.012 256.759 32.532
201912 24.309 256.974 31.591
202003 24.383 258.115 31.547
202006 18.585 257.797 24.075
202009 21.063 260.280 27.025
202012 21.092 260.474 27.042
202103 20.295 264.877 25.588
202106 22.173 271.696 27.254
202109 24.221 274.310 29.487
202112 26.855 278.802 32.167
202203 27.109 287.504 31.489
202206 29.656 296.311 33.423
202209 29.614 296.808 33.320
202212 26.116 296.797 29.385
202303 25.705 301.836 28.440
202306 25.680 305.109 28.108
202309 24.568 307.789 26.656
202312 24.102 306.746 26.240
202403 21.921 312.332 23.438
202406 25.799 314.175 27.423
202409 24.639 315.301 26.096
202412 25.568 315.605 27.054
202503 24.734 319.799 25.829
202506 25.809 322.561 26.720
202509 23.701 324.800 24.369
202512 23.700 324.054 24.424
202603 24.699 330.213 24.979
202606 29.254 333.952 29.254

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 0.63 mean?
PC Connection (FRA:PCC) has a Cyclically Adjusted PS Ratio of 0.63 as of Aug. 09, 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 PC Connection and its competitors. This is 47% above median its historical median of 0.43. Over the past decade, PC Connection's Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.65. According to the industry distribution chart, PC Connection ranks #615 out of 1979 companies in the Hardware industry, placing it in the top 31.1%.
Is PC Connection's Cyclically Adjusted PS Ratio too high?
PC Connection's current Cyclically Adjusted PS Ratio of 0.63 is 47% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.65. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. PC Connection's value of 0.63 is 54.7% below this industry median. Based on the distribution chart, PC Connection ranks #615 out of 1979 companies in the Hardware industry, which is above the industry midpoint. Overall, PC Connection has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does PC Connection's Cyclically Adjusted PS Ratio compare to SCSC and NLST?
According to the Hardware industry distribution chart, PC Connection ranks #615 out of 1979 companies for Cyclically Adjusted PS Ratio. This puts PC Connection in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. PC Connection's value of 0.63 is 54.7% below this benchmark. Historically, PC Connection's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 0.65 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.39, PC Connection 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.39, based on 1,979 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. PC Connection's current Cyclically Adjusted PS Ratio of 0.63 is 54.7% 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 PC Connection and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PC Connection's current Cyclically Adjusted PS Ratio is 0.63, which is 47% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PC Connection stock overvalued right now?
PC Connection (FRA:PCC) has a current Cyclically Adjusted PS Ratio of 0.63. The stock's GF Value™ is €59.92, compared to a current price of €70.50 — trading 17.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.63, which is 47% above median its 10-year median of 0.43 and 54.7% below the Hardware industry median of 1.39. PC Connection's overall GF Score™ is 74/100 with 7 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 PC Connection (FRA:PCC), the current Cyclically Adjusted PS Ratio is 0.63 as of Aug. 09, 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 PC Connection (FRA:PCC) Overvalued in 2026?

Based on GuruFocus' analysis, PC Connection stock appears to be overvalued. The current stock price of €70.50 is trading 17.7% above its estimated GF Value™ of €59.92.

Key valuation signals for FRA:PCC:

  • Cyclically Adjusted PS Ratio: 0.63 (47% above median its 10-year median of 0.43)
  • GF Value™: €59.92 vs. price of €70.50 (17.7% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 54.7% below the Hardware median (#615 of 1979)

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


PC Connection Business Description

Other Exchanges CNXN:USAPCC:Germany
Address 730 Milford Road, Merrimack, NH, USA, 03054-4631
PC Connection Inc is a provider of information technology solutions. It provides products such as computer systems, software and peripheral equipment, networking communications, and other products and accessories that company purchase from manufacturers and distributors. The company also offers services involving design, configuration, and implementation of IT solutions. It conducts business operations through three business segments namely Connection Business Solutions, Connection Enterprise Solutions, and Connection Public Sector Solutions. The company generates maximum revenue Connection Enterprise Solutions segment.
74GF Score

Get the complete analysis for FRA:PCC

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

€70.50
Price
€59.92
GF Value