Cembre SpA (HAM:J0L) Cyclically Adjusted PS Ratio: (As of Sep. 06, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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HAM:J0L Cembre SpA HAM:J0L
70 GF Score
Price €83.70
GF Value €49.04
Valuation Significantly Overvalued
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What is Cembre SpA 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


Cembre SpA  (HAM:J0L) 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.


Cembre SpA Cyclically Adjusted PS Ratio Related Terms


Cembre SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cembre SpA'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.

Cembre SpA Cyclically Adjusted PS Ratio Chart

Cembre SpA 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 4.23 3.22 3.66 3.83 5.90

Cembre SpA 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 4.16 5.03 4.75 5.90 5.57

HAM:J0L vs : Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Cembre SpA'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.


Cembre SpA Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cembre SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


HAM:J0L
70GF Score
Cembre SpA HAM:J0L
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cembre SpA 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.

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

For example, Cembre SpA'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)
=4.079/330.2130*330.2130
=4.079

Current CPI (Mar. 2026) = 330.2130.

Cembre SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.922 241.018 2.633
201609 1.638 241.428 2.240
201612 1.900 241.432 2.599
201703 1.966 243.801 2.663
201706 1.989 244.955 2.681
201709 1.845 246.819 2.468
201712 2.101 246.524 2.814
201803 2.159 249.554 2.857
201806 2.237 251.989 2.931
201809 2.051 252.439 2.683
201812 2.215 251.233 2.911
201903 2.317 254.202 3.010
201906 2.297 256.143 2.961
201909 2.013 256.759 2.589
201912 2.141 256.974 2.751
202003 2.193 258.115 2.806
202006 1.687 257.797 2.161
202009 2.041 260.280 2.589
202012 2.296 260.474 2.911
202103 2.297 264.877 2.864
202106 2.771 271.696 3.368
202109 2.388 274.310 2.875
202112 2.546 278.802 3.015
202203 2.913 287.504 3.346
202206 3.328 296.311 3.709
202209 2.691 296.808 2.994
202212 2.947 296.797 3.279
202303 3.455 301.836 3.780
202306 3.568 305.109 3.862
202309 3.088 307.789 3.313
202312 3.172 306.746 3.415
202403 3.501 312.332 3.701
202406 3.636 314.175 3.822
202409 3.120 315.301 3.268
202412 3.423 315.605 3.581
202503 3.591 319.799 3.708
202506 3.817 322.561 3.908
202509 3.417 324.800 3.474
202512 3.708 324.054 3.778
202603 4.079 330.213 4.079

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 Cembre SpA (HAM:J0L) Overvalued in 2026?

Based on GuruFocus' analysis, Cembre SpA stock appears to be overvalued. The current stock price of €83.70 is trading 70.7% above its estimated GF Value™ of €49.04. GuruFocus considers Cembre SpA to be Significantly Overvalued.

Key valuation signals for HAM:J0L:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €49.04 vs. price of €83.70 (70.7% above fair value)
  • GF Score™: 70/100

No single metric tells the full story. See the HAM:J0L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cembre SpA Business Description

Comparable Companies
Other Exchanges CMB:ItalyCMBm:UK0DXU:UK
Address Via Serenissima 9, Brescia, ITA, 25135
Cembre SpA specializes in the design, manufacture, and marketing of solutions for the connection and termination of electrical conductors, along with wiring tools. The Group mainly operates in the industrial, railway, and power & utilities markets, offering a comprehensive portfolio across six main categories: electrical connectors and cable accessories; hydraulic, mechanical, and pneumatic tools; cable glands and ducts; terminals and terminal blocks; industrial marking products; and railway-specific equipment. Its key product categories include cable lugs, tools, marking systems, cable glands and cable entry systems, and wiring accessories. The company operates in Italy, the rest of Europe (which generates the majority of its revenue), and the rest of the world.
70GF Score

Get the complete analysis for HAM:J0L

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

€83.70
Price
€49.04
GF Value