Embracer Group AB (FRA:TH92) Cyclically Adjusted PS Ratio: 0.77 (As of Jul. 18, 2026) — 10% Above Median

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FRA:TH92 Embracer Group AB FRA:TH92
68 GF Score
Price €6.12
GF Value €3.85
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Embracer Group AB Cyclically Adjusted PS Ratio?

Embracer Group AB FRA:TH92 +0.46% 68 Cyclically Adjusted PS Ratio is 0.77 as of Jul. 18, 2026, which is 10% above its 10-year median of 0.70. GuruFocus rates FRA:TH92 with a GF Score™ of 68/100 and a GF Value™ of €3.85 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 326 Interactive Media companies, Embracer Group AB ranks better than 65.03% on this metric.

As of today (2026-07-18), Embracer Group AB's current share price is €6.124. Embracer Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €7.96. Embracer Group AB's Cyclically Adjusted PS Ratio for today is 0.77.

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

FRA:TH92' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.7   Max: 0.9
Current: 0.75

During the past years, Embracer Group AB's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.51. And the median was 0.70.

FRA:TH92's Cyclically Adjusted PS Ratio is ranked better than
65.03% of 326 companies
in the Interactive Media industry
Industry Median: 1.35 vs FRA:TH92: 0.75

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.

Embracer Group AB's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.713. 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 €7.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Embracer Group AB  (FRA:TH92) 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.


Embracer Group AB Cyclically Adjusted PS Ratio Related Terms


Embracer Group AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Embracer 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.

Embracer Group AB Cyclically Adjusted PS Ratio Chart

Embracer Group AB Annual Data
Trend Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.54

Embracer Group AB 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 0.00 0.00 0.83 0.70 0.54

FRA:TH92 vs NTES, EA, TTWO: Cyclically Adjusted PS Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Embracer 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.


Embracer Group AB Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Embracer Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:TH92
68GF Score
Embracer Group AB FRA:TH92
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Embracer 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.124/7.96
=0.77

* 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.

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

For example, Embracer Group AB'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)
=1.713/133.5600*133.5600
=1.713

Current CPI (Mar. 2026) = 133.5600.

Embracer Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.077 100.751 0.102
201606 0.094 101.019 0.124
201609 0.136 101.138 0.180
201612 0.183 102.022 0.240
201703 0.119 102.022 0.156
201706 0.122 102.752 0.159
201709 0.123 103.279 0.159
201712 0.324 103.793 0.417
201803 0.786 103.962 1.010
201806 1.014 104.875 1.291
201809 1.384 105.679 1.749
201903 1.646 105.886 2.076
201906 1.046 106.742 1.309
201909 1.140 107.214 1.420
201912 1.384 107.766 1.715
202003 0.992 106.563 1.243
202006 1.608 107.498 1.998
202009 1.813 107.635 2.250
202012 1.522 108.296 1.877
202103 1.666 108.360 2.053
202106 1.954 108.928 2.396
202109 1.840 110.338 2.227
202112 3.283 112.486 3.898
202203 2.819 114.825 3.279
202206 3.206 118.384 3.617
202209 3.972 122.296 4.338
202212 5.787 126.365 6.116
202303 4.507 127.042 4.738
202306 3.931 129.407 4.057
202309 3.820 130.224 3.918
202312 2.828 131.912 2.863
202403 2.111 132.205 2.133
202406 2.146 132.716 2.160
202409 2.011 132.304 2.030
202412 2.927 132.987 2.940
202503 2.273 132.825 2.286
202506 1.465 133.699 1.463
202509 1.675 133.480 1.676
202512 2.244 133.390 2.247
202603 1.713 133.560 1.713

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 0.77 mean?
Embracer Group AB (FRA:TH92) has a Cyclically Adjusted PS Ratio of 0.77 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 Embracer Group AB and its competitors. This is 10% above median its historical median of 0.70. Over the past decade, Embracer Group AB's Cyclically Adjusted PS Ratio has ranged from 0.51 to 0.90. According to the industry distribution chart, Embracer Group AB ranks #114 out of 326 companies in the Interactive Media industry, placing it in the top 35%.
Is Embracer Group AB's Cyclically Adjusted PS Ratio too high?
Embracer Group AB's current Cyclically Adjusted PS Ratio of 0.77 is 10% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.90. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.35. Embracer Group AB's value of 0.77 is 43% below this industry median. Based on the distribution chart, Embracer Group AB ranks #114 out of 326 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Embracer Group AB has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Embracer Group AB's Cyclically Adjusted PS Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Embracer Group AB ranks #114 out of 326 companies for Cyclically Adjusted PS Ratio. This puts Embracer Group AB in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.35. Embracer Group AB's value of 0.77 is 43% below this benchmark. Historically, Embracer Group AB's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 0.90 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.35, Embracer 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 an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.35, based on 326 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. Embracer Group AB's current Cyclically Adjusted PS Ratio of 0.77 is 43% 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 Embracer Group AB and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Embracer Group AB's current Cyclically Adjusted PS Ratio is 0.77, which is 10% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embracer Group AB stock overvalued right now?
Based on GuruFocus' analysis, Embracer Group AB (FRA:TH92) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.85, compared to a current price of €6.12 — trading 59.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.77, which is 10% above median its 10-year median of 0.70 and 43% below the Interactive Media industry median of 1.35. Embracer Group AB's overall GF Score™ is 68/100 with 4 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 Embracer Group AB (FRA:TH92), the current Cyclically Adjusted PS Ratio is 0.77 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 Embracer Group AB (FRA:TH92) Overvalued in 2026?

Based on GuruFocus' analysis, Embracer Group AB stock appears to be overvalued. The current stock price of €6.12 is trading 59.1% above its estimated GF Value™ of €3.85. GuruFocus considers Embracer Group AB to be Significantly Overvalued.

Key valuation signals for FRA:TH92:

  • Cyclically Adjusted PS Ratio: 0.77 (10% above median its 10-year median of 0.70)
  • GF Value™: €3.85 vs. price of €6.12 (59.1% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 43% below the Interactive Media median (#114 of 326)

No single metric tells the full story. See the FRA:TH92 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Embracer Group AB Business Description

Address Tullhusgatan 1B, Karlstad, SWE, 652 09
Embracer Group AB is a parent company of businesses led by entrepreneurs in PC, console, mobile, and board games and other related media. The Group has an extensive catalog of several owned or controlled franchises and has a presence in various regions through its operative groups, namely THQ Nordic, Plaion, Coffee Stain, Amplifier Game Invest, and others. Its operating segments are: PC/Console Games, Mobile Games, and Entertainment & Services. Maximum revenue is derived from the Entertainment & Services segment, which is engaged in the development, publishing, and distribution of comic books, wholesale of publishing titles of games for console and PC, as well as films, and externally distributes films and TV series. Geographically, the Group generates maximum revenue from the USA.
68GF Score

Get the complete analysis for FRA:TH92

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

€6.12
Price
€3.85
GF Value