United Internet AG (LTS:0GE4) 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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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.

LTS:0GE4 United Internet AG LTS:0GE4
66 GF Score
Price €26.96
GF Value €22.56
Valuation Modestly Overvalued
! 8 Warning Signs
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What is United Internet AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


United Internet AG  (LTS:0GE4) 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.


United Internet AG Cyclically Adjusted PS Ratio Related Terms


United Internet AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for United Internet 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.

United Internet AG Cyclically Adjusted PS Ratio Chart

United Internet 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 1.57 0.74 0.80 0.50 0.85

United Internet 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 0.74 0.82 0.84 0.82 0.68

LTS:0GE4 vs VZ, TMUS, T: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, United Internet 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.


United Internet AG Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, United Internet AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0GE4
66GF Score
United Internet AG LTS:0GE4
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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United Internet 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.

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

For example, United Internet 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)
=8.904/131.3638*131.3638
=8.904

Current CPI (Jun. 2026) = 131.3638.

United Internet AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.672 101.017 6.076
201612 4.860 101.217 6.308
201703 4.744 101.417 6.145
201706 5.013 102.117 6.449
201709 5.258 102.717 6.724
201712 5.993 102.617 7.672
201803 6.340 102.917 8.092
201806 6.381 104.017 8.059
201809 6.325 104.718 7.934
201812 6.565 104.217 8.275
201903 6.373 104.217 8.033
201906 6.391 105.718 7.941
201909 6.493 106.018 8.045
201912 6.773 105.818 8.408
202003 7.084 105.718 8.803
202006 7.096 106.618 8.743
202009 7.087 105.818 8.798
202012 7.111 105.518 8.853
202103 7.391 107.518 9.030
202106 7.389 108.486 8.947
202109 7.391 109.435 8.872
202112 7.917 110.384 9.422
202203 7.727 113.968 8.906
202206 7.805 115.760 8.857
202209 7.908 118.818 8.743
202212 8.198 119.345 9.024
202303 8.552 122.402 9.178
202306 8.619 123.140 9.195
202309 9.006 124.195 9.526
202312 9.281 123.773 9.850
202403 9.088 125.038 9.548
202406 8.920 125.882 9.308
202409 9.068 126.198 9.439
202412 8.996 127.041 9.302
202503 8.774 127.779 9.020
202506 8.377 128.412 8.570
202509 7.379 129.255 7.499
202512 9.266 129.361 9.409
202603 8.978 131.258 8.985
202606 8.904 131.364 8.904

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 United Internet AG (LTS:0GE4) Overvalued in 2026?

Based on GuruFocus' analysis, United Internet AG stock appears to be overvalued. The current stock price of €26.96 is trading 19.5% above its estimated GF Value™ of €22.56. GuruFocus considers United Internet AG to be Modestly Overvalued.

Key valuation signals for LTS:0GE4:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €22.56 vs. price of €26.96 (19.5% above fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the LTS:0GE4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Internet AG Business Description

Address Elgendorfer Strasse 57, Montabaur, RP, DEU, 56410
United Internet AG is a telecommunications provider that operates through two business divisions: Access and Applications, which in turn are divided into the segments Consumer Access and Business Access and Consumer Applications and Business Applications. The Consumer Access segment which generates the majority of the revenue for the company comprises mobile internet products as well as landline-based broadband products (including the respective applications, such as home networks, online storage, telephony, Smart Home, IPTV, and video-on-demand) and mobile internet products. The company also provides a wide range of telecommunication products and services to companies and local authorities.
66GF Score

Get the complete analysis for LTS:0GE4

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

€26.96
Price
€22.56
GF Value