Pinetree Capital (FRA:PI1) Cyclically Adjusted PS Ratio: (As of Jul. 11, 2026)


FRA:PI1 Pinetree Capital Ltd FRA:PI1
47 GF Score
Price €5.75
GF Value €0.16
! 3 Warning Signs
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What is Pinetree Capital Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pinetree Capital  (FRA:PI1) 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.


Pinetree Capital Cyclically Adjusted PS Ratio Related Terms


Pinetree Capital Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pinetree Capital'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.

Pinetree Capital Cyclically Adjusted PS Ratio Chart

Pinetree Capital 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 0.00 0.00 0.00 0.00 0.00

Pinetree Capital 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:PI1 vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Pinetree Capital'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.


Pinetree Capital Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Pinetree Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:PI1
47GF Score
Pinetree Capital Ltd FRA:PI1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Pinetree Capital 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.

Pinetree Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Pinetree Capital's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.027/132.2623*132.2623
=-0.027

Current CPI (Mar. 2026) = 132.2623.

Pinetree Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 -3.299 102.002 -4.278
201609 -0.166 101.765 -0.216
201612 -0.154 101.449 -0.201
201703 -0.073 102.634 -0.094
201706 -0.153 103.029 -0.196
201709 0.033 103.345 0.042
201712 -0.049 103.345 -0.063
201803 0.060 105.004 0.076
201806 0.049 105.557 0.061
201809 -0.325 105.636 -0.407
201812 -0.037 105.399 -0.046
201903 0.168 106.979 0.208
201906 0.049 107.690 0.060
201909 0.004 107.611 0.005
201912 0.105 107.769 0.129
202003 -0.296 107.927 -0.363
202006 0.000 108.401 0.000
202009 0.086 108.164 0.105
202012 0.357 108.559 0.435
202103 0.324 110.298 0.389
202106 0.048 111.720 0.057
202109 -0.041 112.905 -0.048
202112 0.010 113.774 0.012
202203 -0.187 117.646 -0.210
202206 0.162 120.806 0.177
202209 -0.070 120.648 -0.077
202212 0.247 120.964 0.270
202303 -0.022 122.702 -0.024
202306 0.246 124.203 0.262
202309 -0.039 125.230 -0.041
202312 0.300 125.072 0.317
202403 0.817 126.258 0.856
202406 -0.058 127.522 -0.060
202409 0.354 127.285 0.368
202412 1.271 127.364 1.320
202503 0.554 129.181 0.567
202506 -0.062 129.892 -0.063
202509 0.157 130.287 0.159
202512 -0.044 130.366 -0.045
202603 -0.027 132.262 -0.027

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 Pinetree Capital (FRA:PI1) Overvalued in 2026?

Based on GuruFocus' analysis, Pinetree Capital stock appears to be overvalued. The current stock price of €5.75 is trading 3493.8% above its estimated GF Value™ of €0.16.

Key valuation signals for FRA:PI1:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.16 vs. price of €5.75 (3493.8% above fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the FRA:PI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pinetree Capital Business Description

Address 49 Leuty Avenue, Toronto, ON, CAN, M4E 2R2
Pinetree Capital Ltd is a value-oriented investment company focused on enterprise software and technology. The Company operates mainly in Canada.
47GF Score

Get the complete analysis for FRA:PI1

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

€5.75
Price
€0.16
GF Value