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Gapwaves ABLTS:0GF1 77 Cyclically Adjusted PS Ratio is 13.81 as of Aug. 28, 2026, which is 34% above its 10-year median of 10.30. GuruFocus rates LTS:0GF1 with a GF Score™ of 77/100 and a GF Value™ of kr26.72. The stock has 4 warning signs investors should review. Among 1,971 Hardware companies, Gapwaves AB ranks worse than 91.07% on this metric.
The historical rank and industry rank for Gapwaves AB's Cyclically Adjusted PS Ratio or its related term are showing as below:
LTS:0GF1'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.94 Med: 10.3 Max: 14.08
Current: 9.77
During the past years, Gapwaves AB's highest Cyclically Adjusted PS Ratio was 14.08. The lowest was 7.94. And the median was 10.30.
LTS:0GF1's Cyclically Adjusted PS Ratio is ranked worse than 91.07% of 1971
companies
in the Hardware industry
Industry Median: 1.39
vs LTS:0GF1: 9.77
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.
Gapwaves AB's adjusted revenue per share data for the three months ended in Jun. 2026 was kr0.360. 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 kr1.27 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Gapwaves AB (LTS:0GF1) 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.
Gapwaves AB Cyclically Adjusted PS Ratio Related Terms
Gapwaves AB Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Gapwaves 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.
LTS:0GF1 vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison
For the Communication Equipment subindustry, Gapwaves 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.
Gapwaves AB Cyclically Adjusted PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Gapwaves AB's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Gapwaves AB's Cyclically Adjusted PS Ratio falls into.
Gapwaves 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.
Gapwaves AB's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 13.81 mean?
Gapwaves AB (LTS:0GF1) has a Cyclically Adjusted PS Ratio of 13.81 as of Aug. 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 Gapwaves AB and its competitors. This is 34% above median its historical median of 10.30. Over the past decade, Gapwaves AB's Cyclically Adjusted PS Ratio has ranged from 7.94 to 14.08. According to the industry distribution chart, Gapwaves AB ranks #1795 out of 1971 companies in the Hardware industry, placing it in the top 91.1%.
Is Gapwaves AB's Cyclically Adjusted PS Ratio too high?
Gapwaves AB's current Cyclically Adjusted PS Ratio of 13.81 is 34% above median its 10-year median of 10.30. Over the past 10 years, this metric has ranged from a low of 7.94 to a high of 14.08. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Gapwaves AB's value of 13.81 is 893.5% above this industry median. Based on the distribution chart, Gapwaves AB ranks #1795 out of 1971 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Gapwaves AB has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Gapwaves AB's Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Gapwaves AB ranks #1795 out of 1971 companies for Cyclically Adjusted PS Ratio. This places Gapwaves AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Gapwaves AB's value of 13.81 is 893.5% above this benchmark. Historically, Gapwaves AB's own Cyclically Adjusted PS Ratio has ranged from 7.94 to 14.08 over the past decade. While the company's 10-year median is 10.30 vs. the industry median of 1.39, Gapwaves 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 1.39, based on 1,971 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. Gapwaves AB's current Cyclically Adjusted PS Ratio of 13.81 is 893.5% 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 Gapwaves AB and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gapwaves AB's current Cyclically Adjusted PS Ratio is 13.81, which is 34% above median its own 10-year median of 10.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gapwaves AB stock overvalued right now?
Gapwaves AB (LTS:0GF1) has a current Cyclically Adjusted PS Ratio of 13.81. The stock's GF Value™ is kr26.72, compared to a current price of kr17.54 — trading 34.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.81, which is 34% above median its 10-year median of 10.30 and 893.5% above the Hardware industry median of 1.39. Gapwaves AB's overall GF Score™ is 77/100 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 Gapwaves AB (LTS:0GF1), the current Cyclically Adjusted PS Ratio is 13.81 as of Aug. 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 Gapwaves AB (LTS:0GF1) Overvalued in 2026?
Based on GuruFocus' analysis, Gapwaves AB stock appears to be undervalued.
The current stock price of kr17.54 is trading 34.4% below its estimated GF Value™ of kr26.72.
Key valuation signals for LTS:0GF1:
Cyclically Adjusted PS Ratio: 13.81 (34% above median its 10-year median of 10.30)
GF Value™: kr26.72 vs. price of kr17.54 (34.4% below fair value)
Industry Position: 893.5% above the Hardware median (#1795 of 1971)
No single metric tells the full story. See the LTS:0GF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gapwaves AB is a Swedish technology company that develops, designs, manufactures, and delivers wireless solutions based on its patented waveguide technology for millimeter wave applications. Its products are mainly used in antennas for radar systems that support driver assistance, autonomous driving, and automotive safety solutions, along with applications in industrial automation, telecom, smart cities, and civil military sectors. It focuses on two key markets for waveguide antennas, namely radar and wireless communication, and is expanding the use of its technology in both areas. Its segments are Automotive, Smart Cities, Mobility, and Defense, each covering a range of growing application areas, and it has a geographic presence in Sweden, the European Union, and the rest of the world.
77GF Score
Get the complete analysis for LTS:0GF1
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