Steico SE (FRA:ST5) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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:ST5 Steico SE FRA:ST5
76 GF Score
Price €18.46
GF Value €23.89
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Steico SE Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Steico SE  (FRA:ST5) 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.


Steico SE Cyclically Adjusted PS Ratio Related Terms


Steico SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Steico SE'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.

Steico SE Cyclically Adjusted PS Ratio Chart

Steico SE 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 6.03 2.03 1.44 0.73 0.81

Steico SE Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 1.24 0.72 0.90 0.80 0.69

FRA:ST5 vs SSD, UFPI, BCC: Cyclically Adjusted PS Ratio Comparison

For the Lumber & Wood Production subindustry, Steico SE'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.


Steico SE Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Steico SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:ST5
76GF Score
Steico SE FRA:ST5
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steico SE 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.

Steico SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Steico SE's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=27.186/129.3606*129.3606
=27.186

Current CPI (Dec25) = 129.3606.

Steico SE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 16.320 101.217 20.858
201712 16.353 102.617 20.615
201812 17.890 104.217 22.206
201912 19.952 105.818 24.391
202012 21.924 105.518 26.878
202112 27.563 110.384 32.302
202212 31.608 119.345 34.261
202312 25.938 123.773 27.109
202412 26.718 127.041 27.206
202512 27.186 129.361 27.186

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 Steico SE (FRA:ST5) Overvalued in 2026?

Based on GuruFocus' analysis, Steico SE stock appears to be undervalued. The current stock price of €18.46 is trading 22.7% below its estimated GF Value™ of €23.89. GuruFocus considers Steico SE to be Modestly Undervalued.

Key valuation signals for FRA:ST5:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €23.89 vs. price of €18.46 (22.7% below fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the FRA:ST5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steico SE Business Description

Address Otto-Lilienthal-Ring 30, Feldkirchen, DEU, 85622
Steico SE is engaged in the production and sale of a variety of wood fiber insulation products in the European market. Its products include expansion joint fillers, thermal insulation, floor insulation system, multi-purpose rigid insulation boards, multi-purpose wood fiberboards, thermal insulation composite system, sarking, and sheathing boards, construction elements, laminated veneer lumber, sealing systems, and others. The company operates in Germany, European Countries, and the rest of the world.
76GF Score

Get the complete analysis for FRA:ST5

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

€18.46
Price
€23.89
GF Value