Bang & Olufsen AS (LTS:0MRM) Cyclically Adjusted PS Ratio: 0.38 (As of Sep. 14, 2026) — 27% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:0MRM Bang & Olufsen AS LTS:0MRM
52 GF Score
Price kr10.05
GF Value kr8.31
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Bang & Olufsen AS Cyclically Adjusted PS Ratio?

Bang & Olufsen AS LTS:0MRM 52 Cyclically Adjusted PS Ratio is 0.38 as of Sep. 14, 2026, which is 27% below its 10-year median of 0.52. GuruFocus rates LTS:0MRM with a GF Score™ of 52/100 and a GF Value™ of kr8.31 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,977 Hardware companies, Bang & Olufsen AS ranks better than 81.18% on this metric.

As of today (2026-09-14), Bang & Olufsen AS's current share price is kr10.05. Bang & Olufsen AS's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was kr26.43. Bang & Olufsen AS's Cyclically Adjusted PS Ratio for today is 0.38.

The historical rank and industry rank for Bang & Olufsen AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0MRM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.52   Max: 2.17
Current: 0.36

During the past years, Bang & Olufsen AS's highest Cyclically Adjusted PS Ratio was 2.17. The lowest was 0.27. And the median was 0.52.

LTS:0MRM's Cyclically Adjusted PS Ratio is ranked better than
81.18% of 1977 companies
in the Hardware industry
Industry Median: 1.37 vs LTS:0MRM: 0.36

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.

Bang & Olufsen AS's adjusted revenue per share data for the three months ended in May. 2026 was kr8.654. 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 kr26.43 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bang & Olufsen AS  (LTS:0MRM) 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.


Bang & Olufsen AS Cyclically Adjusted PS Ratio Related Terms


Bang & Olufsen AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bang & Olufsen AS'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.

Bang & Olufsen AS Cyclically Adjusted PS Ratio Chart

Bang & Olufsen AS Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.39 0.36 0.46 0.36

Bang & Olufsen AS Quarterly Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 0.36 0.32 0.46 0.47 0.36

LTS:0MRM vs AAPL: Cyclically Adjusted PS Ratio Comparison

For the Consumer Electronics subindustry, Bang & Olufsen AS'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.


Bang & Olufsen AS Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Bang & Olufsen AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bang & Olufsen AS's Cyclically Adjusted PS Ratio falls into.


LTS:0MRM
52GF Score
Bang & Olufsen AS LTS:0MRM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bang & Olufsen AS 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.

Bang & Olufsen AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.05/26.43
=0.38

* 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.

Bang & Olufsen AS's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, Bang & Olufsen AS's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=8.654/122.6800*122.6800
=8.654

Current CPI (May. 2026) = 122.6800.

Bang & Olufsen AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200405 0.000 82.900 0.000
200505 0.000 84.100 0.000
200605 0.000 85.800 0.000
200705 0.000 87.300 0.000
200805 0.000 90.300 0.000
200905 0.000 91.400 0.000
200911 15.228 91.600 20.395
201005 18.861 93.400 24.774
201011 16.449 93.900 21.491
201105 18.868 96.300 24.037
201111 16.936 96.300 21.575
201205 20.079 98.400 25.033
201211 17.924 98.500 22.324
201305 16.726 99.200 20.685
201311 15.142 99.100 18.745
201405 8.802 99.700 10.831
201411 10.957 99.600 13.496
201505 13.984 100.400 17.087
201511 12.545 99.900 15.406
201605 14.447 100.500 17.635
201611 14.052 100.300 17.187
201705 16.230 101.300 19.655
201711 32.267 101.600 38.962
201805 17.393 102.400 20.838
201811 16.041 102.400 19.218
201905 14.086 103.100 16.761
201911 25.205 103.100 29.992
202005 10.814 103.100 12.868
202011 9.365 103.600 11.090
202105 12.006 104.900 14.041
202111 13.409 107.100 15.360
202205 11.998 112.700 13.060
202211 12.132 116.600 12.765
202305 10.434 116.000 11.035
202311 8.793 117.300 9.196
202405 10.336 118.500 10.701
202411 8.280 119.200 8.522
202505 8.899 120.400 9.068
202511 9.279 121.700 9.354
202605 8.654 122.680 8.654

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 0.38 mean?
Bang & Olufsen AS (LTS:0MRM) has a Cyclically Adjusted PS Ratio of 0.38 as of Sep. 14, 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 Bang & Olufsen AS and its competitors. This is 27% below median its historical median of 0.52. Over the past decade, Bang & Olufsen AS's Cyclically Adjusted PS Ratio has ranged from 0.27 to 2.17. According to the industry distribution chart, Bang & Olufsen AS ranks #372 out of 1977 companies in the Hardware industry, placing it in the top 18.8%.
Is Bang & Olufsen AS's Cyclically Adjusted PS Ratio too high?
Bang & Olufsen AS's current Cyclically Adjusted PS Ratio of 0.38 is 27% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 2.17. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Bang & Olufsen AS's value of 0.38 is 72.3% below this industry median. Based on the distribution chart, Bang & Olufsen AS ranks #372 out of 1977 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Bang & Olufsen AS has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bang & Olufsen AS's Cyclically Adjusted PS Ratio compare to AAPL?
According to the Hardware industry distribution chart, Bang & Olufsen AS ranks #372 out of 1977 companies for Cyclically Adjusted PS Ratio. This places Bang & Olufsen AS in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.37. Bang & Olufsen AS's value of 0.38 is 72.3% below this benchmark. Historically, Bang & Olufsen AS's own Cyclically Adjusted PS Ratio has ranged from 0.27 to 2.17 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.37, Bang & Olufsen AS has consistently been below 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 1.37, based on 1,977 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. Bang & Olufsen AS's current Cyclically Adjusted PS Ratio of 0.38 is 72.3% below 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 Bang & Olufsen AS and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bang & Olufsen AS's current Cyclically Adjusted PS Ratio is 0.38, which is 27% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bang & Olufsen AS stock overvalued right now?
Based on GuruFocus' analysis, Bang & Olufsen AS (LTS:0MRM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr8.31, compared to a current price of kr10.05 — trading 20.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.38, which is 27% below median its 10-year median of 0.52 and 72.3% below the Hardware industry median of 1.37. Bang & Olufsen AS's overall GF Score™ is 52/100 with 2 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 Bang & Olufsen AS (LTS:0MRM), the current Cyclically Adjusted PS Ratio is 0.38 as of Sep. 14, 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 Bang & Olufsen AS (LTS:0MRM) Overvalued in 2026?

Based on GuruFocus' analysis, Bang & Olufsen AS stock appears to be overvalued. The current stock price of kr10.05 is trading 20.9% above its estimated GF Value™ of kr8.31. GuruFocus considers Bang & Olufsen AS to be Modestly Overvalued.

Key valuation signals for LTS:0MRM:

  • Cyclically Adjusted PS Ratio: 0.38 (27% below median its 10-year median of 0.52)
  • GF Value™: kr8.31 vs. price of kr10.05 (20.9% above fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 72.3% below the Hardware median (#372 of 1977)

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


Bang & Olufsen AS Business Description

Address Bang og Olufsen Alle 1, Struer, DNK, 7600
Bang & Olufsen AS designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, headphones, other multimedia products, and related accessories. Its operating segments include EMEA, which is the company's key revenue-generating segment, followed by the Americas and Asia-Pacific (APAC). The company generates maximum revenue from the Staged product category, followed by On-the-go, Flexible Living, and Brand Partnering and other activities.
52GF Score

Get the complete analysis for LTS:0MRM

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

kr10.05
Price
kr8.31
GF Value