Snap-on (FRA:SPU) Cyclically Adjusted PS Ratio: 4.36 (As of Jul. 18, 2026) — 49% Above Median

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FRA:SPU Snap-on Inc FRA:SPU
91 GF Score
Price €359.80
GF Value €277.33
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Snap-on Cyclically Adjusted PS Ratio?

Snap-on FRA:SPU -0.17% 91 Cyclically Adjusted PS Ratio is 4.36 as of Jul. 18, 2026, which is 49% above its 10-year median of 2.93. GuruFocus rates FRA:SPU with a GF Score™ of 91/100 and a GF Value™ of €277.33 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,295 Industrial Products companies, Snap-on ranks worse than 76.12% on this metric.

As of today (2026-07-18), Snap-on's current share price is €359.80. Snap-on's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €82.50. Snap-on's Cyclically Adjusted PS Ratio for today is 4.36.

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

FRA:SPU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.93   Max: 4.27
Current: 4.26

During the past years, Snap-on's highest Cyclically Adjusted PS Ratio was 4.27. The lowest was 1.46. And the median was 2.93.

FRA:SPU's Cyclically Adjusted PS Ratio is ranked worse than
76.12% of 2295 companies
in the Industrial Products industry
Industry Median: 1.85 vs FRA:SPU: 4.26

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.

Snap-on's adjusted revenue per share data for the three months ended in Mar. 2026 was €21.474. 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 €82.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Snap-on  (FRA:SPU) 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.


Snap-on Cyclically Adjusted PS Ratio Related Terms


Snap-on Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Snap-on'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.

Snap-on Cyclically Adjusted PS Ratio Chart

Snap-on 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 2.91 2.82 3.35 3.76 3.66

Snap-on 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 3.67 3.35 3.68 3.66 3.77

FRA:SPU vs RBC, LECO, SWK: Cyclically Adjusted PS Ratio Comparison

For the Tools & Accessories subindustry, Snap-on'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.


Snap-on Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Snap-on's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Snap-on's Cyclically Adjusted PS Ratio falls into.


FRA:SPU
91GF Score
Snap-on Inc FRA:SPU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Snap-on 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.

Snap-on's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=359.80/82.50
=4.36

* 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.

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

For example, Snap-on'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)
=21.474/330.2130*330.2130
=21.474

Current CPI (Mar. 2026) = 330.2130.

Snap-on Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 14.108 241.018 19.329
201609 13.608 241.428 18.612
201612 15.385 241.432 21.042
201703 15.198 243.801 20.585
201706 15.071 244.955 20.317
201709 14.144 246.819 18.923
201712 15.443 246.524 20.686
201803 14.291 249.554 18.910
201806 15.486 251.989 20.293
201809 14.650 252.439 19.164
201812 16.032 251.233 21.072
201903 15.834 254.202 20.569
201906 16.363 256.143 21.095
201909 16.084 256.759 20.685
201912 16.821 256.974 21.615
202003 15.436 258.115 19.748
202006 13.108 257.797 16.790
202009 15.917 260.280 20.194
202012 17.613 260.474 22.329
202103 16.971 264.877 21.157
202106 17.533 271.696 21.309
202109 17.418 274.310 20.968
202112 19.337 278.802 22.903
202203 19.819 287.504 22.763
202206 21.331 296.311 23.772
202209 22.213 296.808 24.713
202212 21.670 296.797 24.110
202303 22.037 301.836 24.109
202306 21.959 305.109 23.766
202309 21.803 307.789 23.391
202312 22.135 306.746 23.828
202403 21.974 312.332 23.232
202406 22.225 314.175 23.360
202409 21.046 315.301 22.041
202412 23.222 315.605 24.297
202503 21.582 319.799 22.285
202506 20.957 322.561 21.454
202509 20.813 324.800 21.160
202512 21.663 324.054 22.075
202603 21.474 330.213 21.474

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 4.36 mean?
Snap-on (FRA:SPU) has a Cyclically Adjusted PS Ratio of 4.36 as of Jul. 18, 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 Snap-on and its competitors. This is 49% above median its historical median of 2.93. Over the past decade, Snap-on's Cyclically Adjusted PS Ratio has ranged from 1.46 to 4.27. According to the industry distribution chart, Snap-on ranks #1747 out of 2295 companies in the Industrial Products industry, placing it in the top 76.1%.
Is Snap-on's Cyclically Adjusted PS Ratio too high?
Snap-on's current Cyclically Adjusted PS Ratio of 4.36 is 49% above median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 4.27. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. Snap-on's value of 4.36 is 135.7% above this industry median. Based on the distribution chart, Snap-on ranks #1747 out of 2295 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Snap-on has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Snap-on's Cyclically Adjusted PS Ratio compare to RBC and LECO?
According to the Industrial Products industry distribution chart, Snap-on ranks #1747 out of 2295 companies for Cyclically Adjusted PS Ratio. This places Snap-on in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. Snap-on's value of 4.36 is 135.7% above this benchmark. Historically, Snap-on's own Cyclically Adjusted PS Ratio has ranged from 1.46 to 4.27 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 1.85, Snap-on has consistently been above 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.85, based on 2,295 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. Snap-on's current Cyclically Adjusted PS Ratio of 4.36 is 135.7% above 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 Snap-on and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Snap-on's current Cyclically Adjusted PS Ratio is 4.36, which is 49% above median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snap-on stock overvalued right now?
Based on GuruFocus' analysis, Snap-on (FRA:SPU) is currently considered Modestly Overvalued. The stock's GF Value™ is €277.33, compared to a current price of €359.80 — trading 29.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.36, which is 49% above median its 10-year median of 2.93 and 135.7% above the Industrial Products industry median of 1.85. Snap-on's overall GF Score™ is 91/100 with 5 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 Snap-on (FRA:SPU), the current Cyclically Adjusted PS Ratio is 4.36 as of Jul. 18, 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 Snap-on (FRA:SPU) Overvalued in 2026?

Based on GuruFocus' analysis, Snap-on stock appears to be overvalued. The current stock price of €359.80 is trading 29.7% above its estimated GF Value™ of €277.33. GuruFocus considers Snap-on to be Modestly Overvalued.

Key valuation signals for FRA:SPU:

  • Cyclically Adjusted PS Ratio: 4.36 (49% above median its 10-year median of 2.93)
  • GF Value™: €277.33 vs. price of €359.80 (29.7% above fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 135.7% above the Industrial Products median (#1747 of 2295)

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


Snap-on Business Description

Address 2801 80th Street, Kenosha, WI, USA, 53143
Snap-on is a manufacturer of premium tools, equipment, and diagnostics for professional technicians, primarily involved in the repair of passenger cars but having expanded into other industrial applications. The company's legacy business is selling hand tools through franchisee-operated mobile vans to technicians who purchase the tools at their own expense. The company also operates a commercial and industrial business that is focused on repair facilities serving other industries. The third segment, repair systems and information, targets auto OEMs and large dealerships more directly and also offers substantial diagnostic solutions to aid repairs. The company's finance arm provides financing to franchisees to run their operations, as well as underwriting end customer purchases.
91GF Score

Get the complete analysis for FRA:SPU

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

€359.80
Price
€277.33
GF Value