Pininfarina SpA (FRA:PNF) Cyclically Adjusted PS Ratio: (As of Sep. 10, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:PNF Pininfarina SpA FRA:PNF
40 GF Score
Price €0.77
GF Value €0.87
! 4 Warning Signs
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What is Pininfarina SpA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pininfarina SpA  (FRA:PNF) 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.


Pininfarina SpA Cyclically Adjusted PS Ratio Related Terms


Pininfarina SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pininfarina 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.

Pininfarina SpA Cyclically Adjusted PS Ratio Chart

Pininfarina 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 0.59 0.48 0.47 0.45 0.57

Pininfarina 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 0.52 0.56 0.57 0.49 0.00

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

For the Auto Manufacturers subindustry, Pininfarina 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.


Pininfarina SpA Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

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


FRA:PNF
40GF Score
Pininfarina SpA FRA:PNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Pininfarina 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.

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

For example, Pininfarina 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)
=0/126.4000*126.4000
=0.000

Current CPI (Jun. 2026) = 126.4000.

Pininfarina SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.329 100.100 0.415
201612 0.373 100.300 0.470
201703 0.346 101.000 0.433
201706 0.641 101.100 0.801
201709 0.374 101.200 0.467
201712 0.443 101.200 0.553
201803 0.478 101.800 0.594
201806 0.476 102.400 0.588
201809 0.400 102.600 0.493
201812 0.482 102.300 0.596
201903 0.420 102.800 0.516
201906 0.371 103.100 0.455
201909 0.394 102.900 0.484
201912 0.358 102.800 0.440
202003 0.335 102.900 0.412
202006 0.237 102.900 0.291
202009 0.302 102.300 0.373
202012 0.316 102.600 0.389
202103 0.276 103.700 0.336
202106 0.296 104.200 0.359
202109 0.217 104.900 0.261
202112 0.224 106.600 0.266
202203 0.210 110.400 0.240
202206 0.230 112.500 0.258
202209 0.252 114.200 0.279
202212 0.175 119.000 0.186
202303 0.216 118.800 0.230
202306 0.287 119.700 0.303
202309 0.318 120.300 0.334
202312 0.292 119.700 0.308
202403 0.387 120.200 0.407
202406 0.199 120.700 0.208
202409 0.279 121.200 0.291
202412 0.280 121.200 0.292
202503 0.255 122.500 0.263
202506 0.278 122.700 0.286
202509 0.314 123.100 0.322
202512 0.451 122.600 0.465
202603 0.517 124.560 0.525
202606 0.000 126.400 0.000

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 Pininfarina SpA (FRA:PNF) Overvalued in 2026?

Based on GuruFocus' analysis, Pininfarina SpA stock appears to be undervalued. The current stock price of €0.77 is trading 11.3% below its estimated GF Value™ of €0.87.

Key valuation signals for FRA:PNF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.87 vs. price of €0.77 (11.3% below fair value)
  • GF Score™: 40/100 with 4 warning signs

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


Pininfarina SpA Business Description

Other Exchanges PINF:ItalyPNF:Germany
Address Via Nazionale 30, Cambiano, Turin, ITA, 10020
Pininfarina SpA is an Italian company engaged in the production, development, designing, engineering, and manufacturing of vehicles in Italy, Germany, and China. It offers various services including automotive design, transportation design, architecture, and interior design in the fields of residential, hospitality, sport and commercial structures, industrial design, engineering, wind tunnel, sustainable mobility, and exclusive vehicles - restorations. The company has two reportable segments design and engineering, majority of revenue is generated from the Design segment. The company's geographical segment consists of Italy, Germany, China, USA. The majority of revenue is generated from non-EU countries.
40GF Score

Get the complete analysis for FRA:PNF

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

€0.77
Price
€0.87
GF Value