The Wendy's Co (FRA:TQK) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:TQK The Wendy's Co FRA:TQK
74 GF Score
Price €6.00
GF Value €13.39
Valuation Possible Value Trap
! 8 Warning Signs
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What is The Wendy's Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Wendy's Co  (FRA:TQK) 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.


The Wendy's Co Cyclically Adjusted PS Ratio Related Terms


The Wendy's Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for The Wendy's Co'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.

The Wendy's Co Cyclically Adjusted PS Ratio Chart

The Wendy's Co 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 3.48 3.16 2.41 1.99 0.83

The Wendy's Co 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 1.16 0.91 0.82 0.69 0.79

FRA:TQK vs ARCO, BJRI, CBRL: Cyclically Adjusted PS Ratio Comparison

For the Restaurants subindustry, The Wendy's Co'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.


The Wendy's Co Cyclically Adjusted PS Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Wendy's Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:TQK
74GF Score
The Wendy's Co FRA:TQK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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The Wendy's Co 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.

The Wendy's Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, The Wendy's Co'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)
=2.566/333.9520*333.9520
=2.566

Current CPI (Jun. 2026) = 333.9520.

The Wendy's Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.232 241.428 1.704
201612 1.118 241.432 1.546
201703 1.055 243.801 1.445
201706 1.187 244.955 1.618
201709 1.042 246.819 1.410
201712 1.052 246.524 1.425
201803 1.246 249.554 1.667
201806 1.401 251.989 1.857
201809 1.407 252.439 1.861
201812 1.450 251.233 1.927
201903 1.525 254.202 2.003
201906 1.641 256.143 2.139
201909 1.671 256.759 2.173
201912 1.659 256.974 2.156
202003 1.612 258.115 2.086
202006 1.608 257.797 2.083
202009 1.696 260.280 2.176
202012 1.741 260.474 2.232
202103 1.685 264.877 2.124
202106 1.817 271.696 2.233
202109 1.773 274.310 2.158
202112 1.878 278.802 2.249
202203 1.997 287.504 2.320
202206 2.344 296.311 2.642
202209 2.464 296.808 2.772
202212 2.470 296.797 2.779
202303 2.292 301.836 2.536
202306 2.423 305.109 2.652
202309 2.403 307.789 2.607
202312 2.422 306.746 2.637
202403 2.381 312.332 2.546
202406 2.571 314.175 2.733
202409 2.526 315.301 2.675
202412 2.626 315.605 2.779
202503 2.467 319.799 2.576
202506 2.568 322.561 2.659
202509 2.459 324.800 2.528
202512 2.448 324.054 2.523
202603 2.421 330.213 2.448
202606 2.566 333.952 2.566

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 The Wendy's Co (FRA:TQK) Overvalued in 2026?

Based on GuruFocus' analysis, The Wendy's Co stock appears to be undervalued. The current stock price of €6.00 is trading 55.2% below its estimated GF Value™ of €13.39. GuruFocus considers The Wendy's Co to be Possible Value Trap.

Key valuation signals for FRA:TQK:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €13.39 vs. price of €6.00 (55.2% below fair value)
  • GF Score™: 74/100 with 8 warning signs

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


The Wendy's Co Business Description

Address One Dave Thomas Boulevard, Dublin, OH, USA, 43017
The Wendy's Co is engaged in operating, developing, and franchising a system of distinctive quick-service restaurants serving high-quality food. The company operates through Wendy's U.S., Wendy's International, and Global Real Estate & Development. Wendy's U.S. and Wendy's International include the operation and franchising of restaurants and derive revenues from sales at company-operated restaurants, as well as royalties, franchise fees, and advertising fund collections from franchised restaurants. Global Real Estate & Development includes real estate activities for owned and leased sites that are leased or subleased to franchisees and includes the company's share of income from its Canadian restaurant real estate joint venture.
74GF Score

Get the complete analysis for FRA:TQK

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

€6.00
Price
€13.39
GF Value