ABgax (LTS:0QDX) Cyclically Adjusted PS Ratio: 18.11 (As of Sep. 17, 2026) — 41% Below Median

Author: Vera Yuan Vera Yuan
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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.
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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:0QDX AB Sagax LTS:0QDX
72 GF Score
Price kr166.50
GF Value kr250.05
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is ABgax Cyclically Adjusted PS Ratio?

ABgax LTS:0QDX +0.06% 72 Cyclically Adjusted PS Ratio is 18.11 as of Sep. 17, 2026, which is 41% below its 10-year median of 30.62. GuruFocus rates LTS:0QDX with a GF Score™ of 72/100 and a GF Value™ of kr250.05 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,367 Real Estate companies, ABgax ranks worse than 95.1% on this metric.

As of today (2026-09-17), ABgax's current share price is kr166.50. ABgax's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr9.19. ABgax's Cyclically Adjusted PS Ratio for today is 18.11.

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

LTS:0QDX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 13.74   Med: 30.62   Max: 73.29
Current: 15.49

During the past years, ABgax's highest Cyclically Adjusted PS Ratio was 73.29. The lowest was 13.74. And the median was 30.62.

LTS:0QDX's Cyclically Adjusted PS Ratio is ranked worse than
95.1% of 1367 companies
in the Real Estate industry
Industry Median: 1.78 vs LTS:0QDX: 15.49

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.

ABgax's adjusted revenue per share data for the three months ended in Jun. 2026 was kr4.087. 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 kr9.19 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABgax  (LTS:0QDX) 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.


ABgax Cyclically Adjusted PS Ratio Related Terms


ABgax Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ABgax'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.

ABgax Cyclically Adjusted PS Ratio Chart

ABgax 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 36.06 37.64 38.54 28.48 23.00

ABgax 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 26.08 22.74 22.68 19.66 16.71

LTS:0QDX vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, ABgax'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.


ABgax Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, ABgax's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0QDX
72GF Score
AB Sagax LTS:0QDX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ABgax 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.

ABgax's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=166.50/9.194
=18.11

* 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.

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

For example, ABgax'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)
=4.087/134.6100*134.6100
=4.087

Current CPI (Jun. 2026) = 134.6100.

ABgax Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.289 101.138 1.716
201612 1.361 102.022 1.796
201703 1.412 102.022 1.863
201706 1.504 102.752 1.970
201709 1.056 103.279 1.376
201712 1.575 103.793 2.043
201803 1.203 103.962 1.558
201806 1.333 104.875 1.711
201809 1.115 105.679 1.420
201812 1.151 105.912 1.463
201903 1.217 105.886 1.547
201906 1.581 106.742 1.994
201909 1.545 107.214 1.940
201912 1.566 107.766 1.956
202003 0.000 106.563 0.000
202006 1.697 107.498 2.125
202009 1.688 107.635 2.111
202012 1.709 108.296 2.124
202103 1.703 108.360 2.116
202106 1.834 108.928 2.266
202109 1.850 110.338 2.257
202112 1.902 112.486 2.276
202203 2.093 114.825 2.454
202206 2.146 118.384 2.440
202209 2.276 122.296 2.505
202212 2.190 126.365 2.333
202303 2.645 127.042 2.803
202306 2.344 129.407 2.438
202309 2.529 130.224 2.614
202312 2.491 131.912 2.542
202403 2.635 132.205 2.683
202406 2.610 132.716 2.647
202409 2.881 132.304 2.931
202412 2.833 132.987 2.868
202503 2.821 132.825 2.859
202506 2.843 133.699 2.862
202509 2.957 133.480 2.982
202512 3.006 133.380 3.034
202603 2.912 133.550 2.935
202606 4.087 134.610 4.087

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 18.11 mean?
ABgax (LTS:0QDX) has a Cyclically Adjusted PS Ratio of 18.11 as of Sep. 17, 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 ABgax and its competitors. This is 41% below median its historical median of 30.62. Over the past decade, ABgax's Cyclically Adjusted PS Ratio has ranged from 13.74 to 73.29. According to the industry distribution chart, ABgax ranks #1300 out of 1367 companies in the Real Estate industry, placing it in the top 95.1%.
Is ABgax's Cyclically Adjusted PS Ratio too high?
ABgax's current Cyclically Adjusted PS Ratio of 18.11 is 41% below median its 10-year median of 30.62. Over the past 10 years, this metric has ranged from a low of 13.74 to a high of 73.29. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. ABgax's value of 18.11 is 917.4% above this industry median. Based on the distribution chart, ABgax ranks #1300 out of 1367 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, ABgax has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ABgax's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, ABgax ranks #1300 out of 1367 companies for Cyclically Adjusted PS Ratio. This places ABgax in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.78. ABgax's value of 18.11 is 917.4% above this benchmark. Historically, ABgax's own Cyclically Adjusted PS Ratio has ranged from 13.74 to 73.29 over the past decade. While the company's 10-year median is 30.62 vs. the industry median of 1.78, ABgax 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,367 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. ABgax's current Cyclically Adjusted PS Ratio of 18.11 is 917.4% 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 ABgax and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ABgax's current Cyclically Adjusted PS Ratio is 18.11, which is 41% below median its own 10-year median of 30.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ABgax stock overvalued right now?
Based on GuruFocus' analysis, ABgax (LTS:0QDX) is currently considered Possible Value Trap. The stock's GF Value™ is kr250.05, compared to a current price of kr166.50 — trading 33.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 18.11, which is 41% below median its 10-year median of 30.62 and 917.4% above the Real Estate industry median of 1.78. ABgax's overall GF Score™ is 72/100 with 5 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 ABgax (LTS:0QDX), the current Cyclically Adjusted PS Ratio is 18.11 as of Sep. 17, 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 ABgax (LTS:0QDX) Overvalued in 2026?

Based on GuruFocus' analysis, ABgax stock appears to be undervalued. The current stock price of kr166.50 is trading 33.4% below its estimated GF Value™ of kr250.05. GuruFocus considers ABgax to be Possible Value Trap.

Key valuation signals for LTS:0QDX:

  • Cyclically Adjusted PS Ratio: 18.11 (41% below median its 10-year median of 30.62)
  • GF Value™: kr250.05 vs. price of kr166.50 (33.4% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 917.4% above the Real Estate median (#1300 of 1367)

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


ABgax Business Description

Address Engelbrektsplan 1, Stockholm, SWE, SE-114 34
AB Sagax is a property company that invests in commercial properties with a focus on the warehouse and light industry segment. The company owns properties in Sweden, Finland, Germany, and Denmark, with a total rental space of more than 3 million square metres. A proportion of the company's real estate portfolio is located in the Stockholm and Helsinki regions. The company's revenue consists of rental income for the provision of premises, of which the majority is derived from the government, municipalities, or companies with sales.
72GF Score

Get the complete analysis for LTS:0QDX

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

kr166.50
Price
kr250.05
GF Value