init innovation in traffic systems SE (LTS:0EWR) Cyclically Adjusted PS Ratio: 2.16 (As of Jul. 28, 2026) — 10% Above Median

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LTS:0EWR init innovation in traffic systems SE LTS:0EWR
92 GF Score
Price €49.05
GF Value €56.29
Valuation Modestly Undervalued
! 4 Warning Signs
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What is init innovation in traffic systems SE Cyclically Adjusted PS Ratio?

init innovation in traffic systems SE LTS:0EWR +1.45% 92 Cyclically Adjusted PS Ratio is 2.16 as of Jul. 28, 2026, which is 10% above its 10-year median of 1.96. GuruFocus rates LTS:0EWR with a GF Score™ of 92/100 and a GF Value™ of €56.29 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,591 Software companies, init innovation in traffic systems SE ranks worse than 57.57% on this metric.

As of today (2026-07-28), init innovation in traffic systems SE's current share price is €49.05. init innovation in traffic systems SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €22.72. init innovation in traffic systems SE's Cyclically Adjusted PS Ratio for today is 2.16.

The historical rank and industry rank for init innovation in traffic systems SE's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0EWR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.96   Max: 3.55
Current: 2.18

During the past years, init innovation in traffic systems SE's highest Cyclically Adjusted PS Ratio was 3.55. The lowest was 1.10. And the median was 1.96.

LTS:0EWR's Cyclically Adjusted PS Ratio is ranked worse than
57.57% of 1591 companies
in the Software industry
Industry Median: 1.6 vs LTS:0EWR: 2.18

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.

init innovation in traffic systems SE's adjusted revenue per share data for the three months ended in Mar. 2026 was €9.886. 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 €22.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


init innovation in traffic systems SE  (LTS:0EWR) 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.


init innovation in traffic systems SE Cyclically Adjusted PS Ratio Related Terms


init innovation in traffic systems SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for init innovation in traffic systems SE'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.

init innovation in traffic systems SE Cyclically Adjusted PS Ratio Chart

init innovation in traffic systems SE 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 2.40 1.61 1.77 1.91 2.18

init innovation in traffic systems SE 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 2.08 1.89 2.42 2.18 1.77

LTS:0EWR vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, init innovation in traffic systems SE'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.


init innovation in traffic systems SE Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, init innovation in traffic systems SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where init innovation in traffic systems SE's Cyclically Adjusted PS Ratio falls into.


LTS:0EWR
92GF Score
init innovation in traffic systems SE LTS:0EWR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

init innovation in traffic systems SE 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.

init innovation in traffic systems SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.05/22.72
=2.16

* 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.

init innovation in traffic systems SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, init innovation in traffic systems SE'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)
=9.886/131.2583*131.2583
=9.886

Current CPI (Mar. 2026) = 131.2583.

init innovation in traffic systems SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.242 100.717 2.922
201609 2.771 101.017 3.601
201612 3.917 101.217 5.080
201703 2.759 101.417 3.571
201706 3.081 102.117 3.960
201709 3.132 102.717 4.002
201712 4.061 102.617 5.194
201803 2.949 102.917 3.761
201806 2.989 104.017 3.772
201809 3.628 104.718 4.548
201812 4.008 104.217 5.048
201903 3.530 104.217 4.446
201906 4.167 105.718 5.174
201909 3.573 106.018 4.424
201912 4.364 105.818 5.413
202003 4.031 105.718 5.005
202006 4.116 106.618 5.067
202009 4.990 105.818 6.190
202012 5.007 105.518 6.228
202103 4.082 107.518 4.983
202106 4.445 108.486 5.378
202109 4.065 109.435 4.876
202112 5.194 110.384 6.176
202203 3.581 113.968 4.124
202206 4.537 115.760 5.144
202209 5.084 118.818 5.616
202212 6.065 119.345 6.670
202303 3.897 122.402 4.179
202306 5.164 123.140 5.504
202309 5.400 124.195 5.707
202312 6.873 123.773 7.289
202403 5.125 125.038 5.380
202406 6.484 125.882 6.761
202409 6.443 126.198 6.701
202412 9.003 127.041 9.302
202503 7.125 127.779 7.319
202506 7.189 128.412 7.348
202509 8.571 129.255 8.704
202512 10.293 129.361 10.444
202603 9.886 131.258 9.886

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 2.16 mean?
init innovation in traffic systems SE (LTS:0EWR) has a Cyclically Adjusted PS Ratio of 2.16 as of Jul. 28, 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 init innovation in traffic systems SE and its competitors. This is 10% above median its historical median of 1.96. Over the past decade, init innovation in traffic systems SE's Cyclically Adjusted PS Ratio has ranged from 1.10 to 3.55. According to the industry distribution chart, init innovation in traffic systems SE ranks #916 out of 1591 companies in the Software industry, placing it in the top 57.6%.
Is init innovation in traffic systems SE's Cyclically Adjusted PS Ratio too high?
init innovation in traffic systems SE's current Cyclically Adjusted PS Ratio of 2.16 is 10% above median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 3.55. The Software industry median Cyclically Adjusted PS Ratio is 1.60. init innovation in traffic systems SE's value of 2.16 is 35% above this industry median. Based on the distribution chart, init innovation in traffic systems SE ranks #916 out of 1591 companies in the Software industry, which is below the industry midpoint. Overall, init innovation in traffic systems SE has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does init innovation in traffic systems SE's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, init innovation in traffic systems SE ranks #916 out of 1591 companies for Cyclically Adjusted PS Ratio. This places init innovation in traffic systems SE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.60. init innovation in traffic systems SE's value of 2.16 is 35% above this benchmark. Historically, init innovation in traffic systems SE's own Cyclically Adjusted PS Ratio has ranged from 1.10 to 3.55 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.60, init innovation in traffic systems SE 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.60, based on 1,591 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. init innovation in traffic systems SE's current Cyclically Adjusted PS Ratio of 2.16 is 35% 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 init innovation in traffic systems SE and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. init innovation in traffic systems SE's current Cyclically Adjusted PS Ratio is 2.16, which is 10% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is init innovation in traffic systems SE stock overvalued right now?
Based on GuruFocus' analysis, init innovation in traffic systems SE (LTS:0EWR) is currently considered Modestly Undervalued. The stock's GF Value™ is €56.29, compared to a current price of €49.05 — trading 12.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.16, which is 10% above median its 10-year median of 1.96 and 35% above the Software industry median of 1.60. init innovation in traffic systems SE's overall GF Score™ is 92/100 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 init innovation in traffic systems SE (LTS:0EWR), the current Cyclically Adjusted PS Ratio is 2.16 as of Jul. 28, 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 init innovation in traffic systems SE (LTS:0EWR) Overvalued in 2026?

Based on GuruFocus' analysis, init innovation in traffic systems SE stock appears to be undervalued. The current stock price of €49.05 is trading 12.9% below its estimated GF Value™ of €56.29. GuruFocus considers init innovation in traffic systems SE to be Modestly Undervalued.

Key valuation signals for LTS:0EWR:

  • Cyclically Adjusted PS Ratio: 2.16 (10% above median its 10-year median of 1.96)
  • GF Value™: €56.29 vs. price of €49.05 (12.9% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 35% above the Software median (#916 of 1591)

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


init innovation in traffic systems SE Business Description

Address Kaeppelestrasse 4-10, Karlsruhe, BW, DEU, 76131
init innovation in traffic systems SE supplies transportation telematics systems. It mainly offers integrated planning, dispatching, telematics, and ticketing solutions for buses and trains around the world. The company operates through the following divisions: INIT Integrated Systems, INIT Cloud Solutions, and INIT Passenger Intelligence. The INIT Integrated Systems division installs and operates integrated hardware and software systems for transport operators; the INIT Cloud Solutions unit offers software and data platforms; and the INIT Passenger Intelligence unit offers solutions to track, analyze, and monitor passenger movement in public transport to optimize overall public transport performance and comfort. Geographically, the company generates maximum revenue from North America.
92GF Score

Get the complete analysis for LTS:0EWR

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

€49.05
Price
€56.29
GF Value