PION Group AB (FRA:PXO) Cyclically Adjusted PS Ratio: 0.12 (As of Aug. 31, 2026) — Near 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:PXO PION Group AB FRA:PXO
67 GF Score
Price €0.56
GF Value €0.51
! 6 Warning Signs
View Full Analysis

What is PION Group AB Cyclically Adjusted PS Ratio?

PION Group AB FRA:PXO +0.72% 67 Cyclically Adjusted PS Ratio is 0.12 as of Aug. 31, 2026, which is 9% above its 10-year median of 0.11. GuruFocus rates FRA:PXO with a GF Score™ of 67/100 and a GF Value™ of €0.51. The stock has 6 warning signs investors should review. Among 719 Business Services companies, PION Group AB ranks better than 93.05% on this metric.

As of today (2026-08-31), PION Group AB's current share price is €0.562. PION Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €4.67. PION Group AB's Cyclically Adjusted PS Ratio for today is 0.12.

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

FRA:PXO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 0.38
Current: 0.12

During the past years, PION Group AB's highest Cyclically Adjusted PS Ratio was 0.38. The lowest was 0.01. And the median was 0.11.

FRA:PXO's Cyclically Adjusted PS Ratio is ranked better than
93.05% of 719 companies
in the Business Services industry
Industry Median: 0.89 vs FRA:PXO: 0.12

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.

PION Group AB's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.708. 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 €4.67 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PION Group AB  (FRA:PXO) 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.


PION Group AB Cyclically Adjusted PS Ratio Related Terms


PION Group AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PION Group AB'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.

PION Group AB Cyclically Adjusted PS Ratio Chart

PION Group AB 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 0.34 0.20 0.12 0.10 0.09

PION Group AB 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 0.10 0.11 0.09 0.09 0.10

FRA:PXO vs RHI, KFY, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, PION Group AB'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.


PION Group AB Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, PION Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PION Group AB's Cyclically Adjusted PS Ratio falls into.


FRA:PXO
67GF Score
PION Group AB FRA:PXO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PION Group AB 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.

PION Group AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.562/4.67
=0.12

* 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.

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

For example, PION Group AB'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)
=0.708/134.6100*134.6100
=0.708

Current CPI (Jun. 2026) = 134.6100.

PION Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.120 101.138 1.491
201612 1.196 102.022 1.578
201703 1.220 102.022 1.610
201706 1.165 102.752 1.526
201709 1.109 103.279 1.445
201712 8.137 103.793 10.553
201803 1.007 103.962 1.304
201806 1.065 104.875 1.367
201809 0.983 105.679 1.252
201812 0.994 105.912 1.263
201903 0.890 105.886 1.131
201906 0.886 106.742 1.117
201909 0.836 107.214 1.050
201912 0.804 107.766 1.004
202003 0.730 106.563 0.922
202006 0.706 107.498 0.884
202009 0.703 107.635 0.879
202012 0.855 108.296 1.063
202103 0.911 108.360 1.132
202106 0.969 108.928 1.197
202109 0.939 110.338 1.146
202112 1.070 112.486 1.280
202203 1.018 114.825 1.193
202206 1.079 118.384 1.227
202209 1.003 122.296 1.104
202212 1.002 126.365 1.067
202303 0.984 127.042 1.043
202306 0.938 129.407 0.976
202309 0.836 130.224 0.864
202312 0.899 131.912 0.917
202403 0.786 132.205 0.800
202406 0.779 132.716 0.790
202409 0.702 132.304 0.714
202412 0.657 132.987 0.665
202503 0.641 132.825 0.650
202506 0.692 133.699 0.697
202509 0.666 133.480 0.672
202512 0.677 133.390 0.683
202603 0.651 133.560 0.656
202606 0.708 134.610 0.708

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 0.12 mean?
PION Group AB (FRA:PXO) has a Cyclically Adjusted PS Ratio of 0.12 as of Aug. 31, 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 PION Group AB and its competitors. This is near median its historical median of 0.11. Over the past decade, PION Group AB's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.38. According to the industry distribution chart, PION Group AB ranks #50 out of 719 companies in the Business Services industry, placing it in the top 7%.
Is PION Group AB's Cyclically Adjusted PS Ratio too high?
PION Group AB's current Cyclically Adjusted PS Ratio of 0.12 is near median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.38. The Business Services industry median Cyclically Adjusted PS Ratio is 0.89. PION Group AB's value of 0.12 is 86.5% below this industry median. Based on the distribution chart, PION Group AB ranks #50 out of 719 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, PION Group AB has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does PION Group AB's Cyclically Adjusted PS Ratio compare to RHI and KFY?
According to the Business Services industry distribution chart, PION Group AB ranks #50 out of 719 companies for Cyclically Adjusted PS Ratio. This places PION Group AB in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.89. PION Group AB's value of 0.12 is 86.5% below this benchmark. Historically, PION Group AB's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.38 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.89, PION Group AB 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.89, based on 719 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. PION Group AB's current Cyclically Adjusted PS Ratio of 0.12 is 86.5% 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 PION Group AB and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PION Group AB's current Cyclically Adjusted PS Ratio is 0.12, which is near median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PION Group AB stock overvalued right now?
PION Group AB (FRA:PXO) has a current Cyclically Adjusted PS Ratio of 0.12. The stock's GF Value™ is €0.51, compared to a current price of €0.56 — trading 10.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.12, which is near median its 10-year median of 0.11 and 86.5% below the Business Services industry median of 0.89. PION Group AB's overall GF Score™ is 67/100 with 6 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 PION Group AB (FRA:PXO), the current Cyclically Adjusted PS Ratio is 0.12 as of Aug. 31, 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 PION Group AB (FRA:PXO) Overvalued in 2026?

Based on GuruFocus' analysis, PION Group AB stock appears to be overvalued. The current stock price of €0.56 is trading 10.2% above its estimated GF Value™ of €0.51.

Key valuation signals for FRA:PXO:

  • Cyclically Adjusted PS Ratio: 0.12 (near median its 10-year median of 0.11)
  • GF Value™: €0.51 vs. price of €0.56 (10.2% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 86.5% below the Business Services median (#50 of 719)

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


PION Group AB Business Description

Other Exchanges PION B:Sweden
Address Torsgatan 11, Box 207, Stockholm, SWE, 101 24
PION Group AB is a Sweden-based company engaged in the recruitment sector. The services offered by the group include provides temporary staffing and permanent placement in the business areas of Finance Accounting, IT, Office support, HR, Sales and marketing, life science and engineering, legal and executive search. Geographically, the services offered by the firm are in the region of Sweden, Germany and Finland.
67GF Score

Get the complete analysis for FRA:PXO

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

€0.56
Price
€0.51
GF Value