NCAB Group AB (LTS:0AAQ) Cyclically Adjusted PS Ratio: 3.89 (As of Aug. 06, 2026) — Near Median

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LTS:0AAQ NCAB Group AB LTS:0AAQ
95 GF Score
Price kr71.55
GF Value kr66.97
Valuation Fairly Valued
! 4 Warning Signs
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What is NCAB Group AB Cyclically Adjusted PS Ratio?

NCAB Group AB LTS:0AAQ +0.70% 95 Cyclically Adjusted PS Ratio is 3.89 as of Aug. 06, 2026, which is 2% below its 10-year median of 3.97. GuruFocus rates LTS:0AAQ with a GF Score™ of 95/100 and a GF Value™ of kr66.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,975 Hardware companies, NCAB Group AB ranks worse than 75.9% on this metric.

As of today (2026-08-06), NCAB Group AB's current share price is kr71.55. NCAB Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr18.39. NCAB Group AB's Cyclically Adjusted PS Ratio for today is 3.89.

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

LTS:0AAQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.74   Med: 3.97   Max: 4.45
Current: 3.88

During the past years, NCAB Group AB's highest Cyclically Adjusted PS Ratio was 4.45. The lowest was 3.74. And the median was 3.97.

LTS:0AAQ's Cyclically Adjusted PS Ratio is ranked worse than
75.9% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs LTS:0AAQ: 3.88

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.

NCAB Group AB's adjusted revenue per share data for the three months ended in Jun. 2026 was kr6.225. 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 kr18.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NCAB Group AB  (LTS:0AAQ) 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.


NCAB Group AB Cyclically Adjusted PS Ratio Related Terms


NCAB Group AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for NCAB 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.

NCAB Group AB Cyclically Adjusted PS Ratio Chart

NCAB Group AB 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 0.00 0.00 0.00 0.00 0.00

NCAB Group AB 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 0.00 0.00 0.00 0.00 4.56

LTS:0AAQ vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, NCAB 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.


NCAB Group AB Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, NCAB Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0AAQ
95GF Score
NCAB Group AB LTS:0AAQ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NCAB 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.55/18.39
=3.89

* 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.

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

For example, NCAB Group AB'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)
=6.225/134.6100*134.6100
=6.225

Current CPI (Jun. 2026) = 134.6100.

NCAB Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201512 0.000 100.276 0.000
201612 0.000 102.022 0.000
201703 2.101 102.022 2.772
201706 2.386 102.752 3.126
201709 2.267 103.279 2.955
201712 2.163 103.793 2.805
201803 2.336 103.962 3.025
201806 2.639 104.875 3.387
201809 2.494 105.679 3.177
201812 2.409 105.912 3.062
201903 2.647 105.886 3.365
201906 2.808 106.742 3.541
201909 2.611 107.214 3.278
201912 2.507 107.766 3.131
202003 2.868 106.563 3.623
202006 3.446 107.498 4.315
202009 3.186 107.635 3.984
202012 2.713 108.296 3.372
202103 3.301 108.360 4.101
202106 4.077 108.928 5.038
202109 4.619 110.338 5.635
202112 5.205 112.486 6.229
202203 6.096 114.825 7.146
202206 5.991 118.384 6.812
202209 6.240 122.296 6.868
202212 5.476 126.365 5.833
202303 6.118 127.042 6.482
202306 5.633 129.407 5.860
202309 5.366 130.224 5.547
202312 4.680 131.912 4.776
202403 5.067 132.205 5.159
202406 4.993 132.716 5.064
202409 4.792 132.304 4.876
202412 4.432 132.987 4.486
202503 5.122 132.825 5.191
202506 4.988 133.699 5.022
202509 5.069 133.480 5.112
202512 4.817 133.390 4.861
202603 5.735 133.560 5.780
202606 6.225 134.610 6.225

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 3.89 mean?
NCAB Group AB (LTS:0AAQ) has a Cyclically Adjusted PS Ratio of 3.89 as of Aug. 06, 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 NCAB Group AB and its competitors. This is near median its historical median of 3.97. Over the past decade, NCAB Group AB's Cyclically Adjusted PS Ratio has ranged from 3.74 to 4.45. According to the industry distribution chart, NCAB Group AB ranks #1499 out of 1975 companies in the Hardware industry, placing it in the top 75.9%.
Is NCAB Group AB's Cyclically Adjusted PS Ratio too high?
NCAB Group AB's current Cyclically Adjusted PS Ratio of 3.89 is near median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 3.74 to a high of 4.45. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. NCAB Group AB's value of 3.89 is 190.3% above this industry median. Based on the distribution chart, NCAB Group AB ranks #1499 out of 1975 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, NCAB Group AB has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCAB Group AB's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, NCAB Group AB ranks #1499 out of 1975 companies for Cyclically Adjusted PS Ratio. This places NCAB Group AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. NCAB Group AB's value of 3.89 is 190.3% above this benchmark. Historically, NCAB Group AB's own Cyclically Adjusted PS Ratio has ranged from 3.74 to 4.45 over the past decade. While the company's 10-year median is 3.97 vs. the industry median of 1.34, NCAB Group AB has consistently been above 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,975 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. NCAB Group AB's current Cyclically Adjusted PS Ratio of 3.89 is 190.3% above 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 NCAB Group AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCAB Group AB's current Cyclically Adjusted PS Ratio is 3.89, which is near median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCAB Group AB stock overvalued right now?
Based on GuruFocus' analysis, NCAB Group AB (LTS:0AAQ) is currently considered Fairly Valued. The stock's GF Value™ is kr66.97, compared to a current price of kr71.55 — trading 6.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.89, which is near median its 10-year median of 3.97 and 190.3% above the Hardware industry median of 1.34. NCAB Group AB's overall GF Score™ is 95/100 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 NCAB Group AB (LTS:0AAQ), the current Cyclically Adjusted PS Ratio is 3.89 as of Aug. 06, 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 NCAB Group AB (LTS:0AAQ) Overvalued in 2026?

Based on GuruFocus' analysis, NCAB Group AB stock appears to be overvalued. The current stock price of kr71.55 is trading 6.8% above its estimated GF Value™ of kr66.97. GuruFocus considers NCAB Group AB to be Fairly Valued.

Key valuation signals for LTS:0AAQ:

  • Cyclically Adjusted PS Ratio: 3.89 (near median its 10-year median of 3.97)
  • GF Value™: kr66.97 vs. price of kr71.55 (6.8% above fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 190.3% above the Hardware median (#1499 of 1975)

No single metric tells the full story. See the LTS:0AAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCAB Group AB Business Description

Address Lofstroms alle 5, Sundbyberg, SWE, 172 66
NCAB Group AB offers a broad range of printed circuit board (PCB) which, after receiving a customer order, are sourced from external manufacturers, predominantly located in China. It provides comprehensive services comprising design support, through prototyping, production and quality control. The operating activities are controlled in four segments; Nordic, Europe, East and North America. It generates key revenue from the Europe segment which includes the provision of a broad range of PCBs from the companies in the UK, Poland, France, Italy, Germany and Spain.
95GF Score

Get the complete analysis for LTS:0AAQ

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

kr71.55
Price
kr66.97
GF Value