VivoPower (HAM:51J) Cyclically Adjusted PS Ratio: (As of Sep. 14, 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.
Reviewed by: Charlie Tian Charlie Tian
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.

HAM:51J VivoPower PLC HAM:51J
26 GF Score
Price €3.40
GF Value €0.01
! 7 Warning Signs
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What is VivoPower Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


VivoPower  (HAM:51J) 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.


VivoPower Cyclically Adjusted PS Ratio Related Terms


VivoPower Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for VivoPower'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.

VivoPower Cyclically Adjusted PS Ratio Chart

VivoPower Annual Data
Trend Feb16 Mar17 Mar18 Mar19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.06 0.20

VivoPower Semi-Annual Data
Aug15 Feb16 Aug16 Mar17 Sep17 Mar18 Sep18 Mar19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.06 0.00 0.20

HAM:51J vs ATGL, AGPU, TCX: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, VivoPower'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.


VivoPower Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, VivoPower's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:51J
26GF Score
VivoPower PLC HAM:51J
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VivoPower 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.

VivoPower's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 is calculated as:

For example, VivoPower's adjusted Revenue per Share data for the fiscal year that ended in Jun25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.004/138.4000*138.4000
=0.004

Current CPI (Jun25) = 138.4000.

VivoPower Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201602 0.000 100.100 0.000
201703 39.572 102.700 53.328
201803 20.124 105.100 26.500
201903 25.477 107.000 32.953
202006 21.695 108.800 27.597
202106 12.200 111.400 15.157
202206 4.634 120.500 5.322
202306 1.517 129.400 1.623
202406 0.003 133.000 0.003
202506 0.004 138.400 0.004

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 VivoPower (HAM:51J) Overvalued in 2026?

Based on GuruFocus' analysis, VivoPower stock appears to be overvalued. The current stock price of €3.40 is trading 33900% above its estimated GF Value™ of €0.01.

Key valuation signals for HAM:51J:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.01 vs. price of €3.40 (33900% above fair value)
  • GF Score™: 26/100 with 7 warning signs

No single metric tells the full story. See the HAM:51J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VivoPower Business Description

Other Exchanges VIVO:USA51J:Germany
Address 50 Broadway, 7th Floor, Suite 4, London, GBR, SW1H 0DB
VivoPower PLC is engaged in building, owning, and leasing powered land and data center infrastructure for AI compute applications. The group delivers specialized infrastructure solutions across the AI Data Centers, Power-to-X, and Electric Mobility. It is develop and operated infrastructure that enables sovereign nations and institutional partners to secure control over power, data, and national intelligence, supporting AI, compute-intensive workloads, and energy transition use cases.
26GF Score

Get the complete analysis for HAM:51J

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

€3.40
Price
€0.01
GF Value