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Tradegate AG WertpapierhandelsbankFRA:T2G +1.20%18 Cyclically Adjusted PS Ratio is 11.57 as of Jul. 25, 2026, which is 36% below its 10-year median of 18.11. GuruFocus rates FRA:T2G with a GF Score™ of 18/100 and a GF Value™ of €124.70 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 605 Capital Markets companies, Tradegate AG Wertpapierhandelsbank ranks worse than 84.13% on this metric.
The historical rank and industry rank for Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:T2G'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.41 Med: 18.11 Max: 47.4
Current: 11.71
During the past 13 years, Tradegate AG Wertpapierhandelsbank's highest Cyclically Adjusted PS Ratio was 47.40. The lowest was 11.41. And the median was 18.11.
FRA:T2G's Cyclically Adjusted PS Ratio is ranked worse than 84.13% of 605
companies
in the Capital Markets industry
Industry Median: 3.31
vs FRA:T2G: 11.71
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.
Tradegate AG Wertpapierhandelsbank's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €7.801. 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 €7.26 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tradegate AG Wertpapierhandelsbank (FRA:T2G) 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.
Tradegate AG Wertpapierhandelsbank Cyclically Adjusted PS Ratio Related Terms
Tradegate AG Wertpapierhandelsbank Cyclically Adjusted PS Ratio Historical Data
* 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.
Tradegate AG Wertpapierhandelsbank Cyclically Adjusted PS Ratio Chart
FRA:T2G vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison
For the Capital Markets subindustry, Tradegate AG Wertpapierhandelsbank'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.
Tradegate AG Wertpapierhandelsbank Cyclically Adjusted PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted PS Ratio falls into.
Tradegate AG Wertpapierhandelsbank 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.
* 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.
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 11.57 mean?
Tradegate AG Wertpapierhandelsbank (FRA:T2G) has a Cyclically Adjusted PS Ratio of 11.57 as of Jul. 25, 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 Tradegate AG Wertpapierhandelsbank and its competitors. This is 36% below median its historical median of 18.11. Over the past decade, Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted PS Ratio has ranged from 11.41 to 47.40. According to the industry distribution chart, Tradegate AG Wertpapierhandelsbank ranks #509 out of 605 companies in the Capital Markets industry, placing it in the top 84.1%.
Is Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted PS Ratio too high?
Tradegate AG Wertpapierhandelsbank's current Cyclically Adjusted PS Ratio of 11.57 is 36% below median its 10-year median of 18.11. Over the past 10 years, this metric has ranged from a low of 11.41 to a high of 47.40. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.31. Tradegate AG Wertpapierhandelsbank's value of 11.57 is 249.5% above this industry median. Based on the distribution chart, Tradegate AG Wertpapierhandelsbank ranks #509 out of 605 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Tradegate AG Wertpapierhandelsbank has a GF Score™ of 18/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Tradegate AG Wertpapierhandelsbank ranks #509 out of 605 companies for Cyclically Adjusted PS Ratio. This places Tradegate AG Wertpapierhandelsbank in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.31. Tradegate AG Wertpapierhandelsbank's value of 11.57 is 249.5% above this benchmark. Historically, Tradegate AG Wertpapierhandelsbank's own Cyclically Adjusted PS Ratio has ranged from 11.41 to 47.40 over the past decade. While the company's 10-year median is 18.11 vs. the industry median of 3.31, Tradegate AG Wertpapierhandelsbank 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 a Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.31, based on 605 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. Tradegate AG Wertpapierhandelsbank's current Cyclically Adjusted PS Ratio of 11.57 is 249.5% 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 Tradegate AG Wertpapierhandelsbank and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tradegate AG Wertpapierhandelsbank's current Cyclically Adjusted PS Ratio is 11.57, which is 36% below median its own 10-year median of 18.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradegate AG Wertpapierhandelsbank stock overvalued right now?
Based on GuruFocus' analysis, Tradegate AG Wertpapierhandelsbank (FRA:T2G) is currently considered Possible Value Trap. The stock's GF Value™ is €124.70, compared to a current price of €84.00 — trading 32.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.57, which is 36% below median its 10-year median of 18.11 and 249.5% above the Capital Markets industry median of 3.31. Tradegate AG Wertpapierhandelsbank's overall GF Score™ is 18/100 with 1 warning sign 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 Tradegate AG Wertpapierhandelsbank (FRA:T2G), the current Cyclically Adjusted PS Ratio is 11.57 as of Jul. 25, 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 Tradegate AG Wertpapierhandelsbank (FRA:T2G) Overvalued in 2026?
Based on GuruFocus' analysis, Tradegate AG Wertpapierhandelsbank stock appears to be undervalued.
The current stock price of €84.00 is trading 32.6% below its estimated GF Value™ of €124.70.
GuruFocus considers Tradegate AG Wertpapierhandelsbank to be Possible Value Trap.
Key valuation signals for FRA:T2G:
Cyclically Adjusted PS Ratio: 11.57 (36% below median its 10-year median of 18.11)
GF Value™: €124.70 vs. price of €84.00 (32.6% below fair value)
Industry Position: 249.5% above the Capital Markets median (#509 of 605)
No single metric tells the full story. See the FRA:T2G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tradegate AG Wertpapierhandelsbank Business Description
Tradegate AG Wertpapierhandelsbank is a Germany-based company. It is engaged in providing banking and financial services. In addition to retail banking, the company focuses on the trading of several domestic and foreign securities on the Tradegate Exchange, and the Frankfurt and Berlin stock exchanges. The company's main business activity consists of market specialist activities and market making; it acts as a Market Specialist on the Tradegate Exchange and the Frankfurt Stock Exchange and as an order book manager on the Berlin Stock Exchange. It extends its services to the securities listing on the stock exchanges in Munich, Stuttgart, Hamburg, Hanover, and Dusseldorf.
18GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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