Softing AG (HAM:SYT) Cyclically Adjusted PS Ratio: (As of Sep. 22, 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.

HAM:SYT Softing AG HAM:SYT
61 GF Score
Price €2.36
GF Value €2.82
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Softing AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Softing AG  (HAM:SYT) 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.


Softing AG Cyclically Adjusted PS Ratio Related Terms


Softing AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Softing AG'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.

Softing AG Cyclically Adjusted PS Ratio Chart

Softing AG 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 0.63 0.45 0.43 0.25 0.21

Softing AG 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 0.28 0.25 0.21 0.25 0.21

HAM:SYT vs IBM, ACN, CTSH: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Softing AG'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.


Softing AG Cyclically Adjusted PS Ratio vs Software Industry

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

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


HAM:SYT
61GF Score
Softing AG HAM:SYT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Softing AG 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.

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

For example, Softing AG'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)
=1.609/131.3638*131.3638
=1.609

Current CPI (Jun. 2026) = 131.3638.

Softing AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 2.995 100.417 3.918
201512 3.586 99.717 4.724
201703 2.846 101.417 3.686
201706 2.587 102.117 3.328
201709 2.488 102.717 3.182
201712 2.651 102.617 3.394
201803 2.418 102.917 3.086
201806 2.352 104.017 2.970
201809 2.262 104.718 2.838
201812 2.566 104.217 3.234
201903 2.154 104.217 2.715
201906 2.441 105.718 3.033
201909 2.446 106.018 3.031
201912 2.960 105.818 3.675
202003 2.200 105.718 2.734
202006 1.734 106.618 2.136
202009 2.193 105.818 2.722
202012 2.413 105.518 3.004
202103 2.228 107.518 2.722
202106 2.149 108.486 2.602
202109 2.307 109.435 2.769
202112 2.710 110.384 3.225
202203 2.289 113.968 2.638
202206 2.768 115.760 3.141
202209 2.703 118.818 2.988
202212 3.145 119.345 3.462
202303 3.164 122.402 3.396
202306 3.281 123.140 3.500
202309 3.224 124.195 3.410
202312 2.819 123.773 2.992
202403 2.686 125.038 2.822
202406 2.560 125.882 2.671
202409 2.496 126.198 2.598
202412 2.545 127.041 2.632
202503 2.249 127.779 2.312
202506 2.175 128.412 2.225
202509 2.483 129.255 2.524
202512 1.874 129.361 1.903
202603 2.168 131.258 2.170
202606 1.609 131.364 1.609

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 Softing AG (HAM:SYT) Overvalued in 2026?

Based on GuruFocus' analysis, Softing AG stock appears to be undervalued. The current stock price of €2.36 is trading 16.3% below its estimated GF Value™ of €2.82. GuruFocus considers Softing AG to be Modestly Undervalued.

Key valuation signals for HAM:SYT:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €2.82 vs. price of €2.36 (16.3% below fair value)
  • GF Score™: 61/100 with 5 warning signs

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


Softing AG Business Description

Other Exchanges SYT:Germany
Address Richard-Reitzner-Allee 6, Haar, BY, DEU, 85540
Softing AG is engaged in developing software, hardware, and system solutions. The business operates in segments namely, Industrial, Automotive, and IT Networks. The Industrial segment which derives the majority of revenue engages in the provision of industrial communications solutions and products for the manufacturing and process industry. The Automotive segment stands for key technologies in automotive electronics as well as such closely related areas in electronics as the commercial vehicle or agricultural machinery industry. The IT Networks segment is engaged in testing, qualifying, and certifying cabling in IT systems. Geographically, it derives the majority of its revenue from the USA.
61GF Score

Get the complete analysis for HAM:SYT

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

€2.36
Price
€2.82
GF Value