Mips AB (LTS:0RNQ) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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:0RNQ Mips AB LTS:0RNQ
83 GF Score
Price kr385.40
GF Value kr622.59
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Mips AB Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mips AB  (LTS:0RNQ) 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.


Mips AB Cyclically Adjusted PS Ratio Related Terms


Mips AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mips 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.

Mips AB Cyclically Adjusted PS Ratio Chart

Mips AB 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 - - 31.09 34.55 23.46

Mips AB 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 32.91 25.16 23.10 14.29 15.32

LTS:0RNQ vs AS, HAS, LTH: Cyclically Adjusted PS Ratio Comparison

For the Leisure subindustry, Mips 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.


Mips AB Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mips AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0RNQ
83GF Score
Mips AB LTS:0RNQ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mips 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.

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

For example, Mips AB'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)
=8.758/134.6100*134.6100
=8.758

Current CPI (Jun. 2026) = 134.6100.

Mips AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.962 101.138 1.280
201612 1.430 102.022 1.887
201703 0.951 102.022 1.255
201706 1.443 102.752 1.890
201709 1.078 103.279 1.405
201712 1.606 103.793 2.083
201803 0.931 103.962 1.205
201806 2.187 104.875 2.807
201809 1.996 105.679 2.542
201812 2.424 105.912 3.081
201903 1.743 105.886 2.216
201906 3.192 106.742 4.025
201909 2.045 107.214 2.568
201912 3.383 107.766 4.226
202003 2.156 106.563 2.723
202006 2.521 107.498 3.157
202009 3.892 107.635 4.867
202012 5.323 108.296 6.616
202103 3.167 108.360 3.934
202106 5.367 108.928 6.632
202109 6.972 110.338 8.506
202112 7.451 112.486 8.916
202203 5.168 114.825 6.058
202206 7.790 118.384 8.858
202209 4.294 122.296 4.726
202212 4.077 126.365 4.343
202303 3.341 127.042 3.540
202306 3.863 129.407 4.018
202309 2.920 130.224 3.018
202312 3.435 131.912 3.505
202403 3.133 132.205 3.190
202406 5.020 132.716 5.092
202409 4.637 132.304 4.718
202412 5.430 132.987 5.496
202503 4.337 132.825 4.395
202506 5.096 133.699 5.131
202509 5.095 133.480 5.138
202512 5.549 133.380 5.600
202603 5.700 133.550 5.745
202606 8.758 134.610 8.758

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 Mips AB (LTS:0RNQ) Overvalued in 2026?

Based on GuruFocus' analysis, Mips AB stock appears to be undervalued. The current stock price of kr385.40 is trading 38.1% below its estimated GF Value™ of kr622.59. GuruFocus considers Mips AB to be Significantly Undervalued.

Key valuation signals for LTS:0RNQ:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr622.59 vs. price of kr385.40 (38.1% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Mips AB Business Description

Address Kemistvagen 1B, Taby, Stockholm, SWE, 183 79
Mips AB is a safety solutions provider that develops and sells the Mips safety system, comprising a low friction layer with different components that are designed for different helmet models. The system is adapted to different helmet models and is used by manufacturers in helmets for activities such as cycling, snow sports, motorcycling, and professional safety applications. The company sells its products and licenses the associated technology to helmet brands that manufacture, market, and sell helmets to end-users, directly or indirectly. Geographically, the company derives the majority of revenue from North America.
83GF Score

Get the complete analysis for LTS:0RNQ

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

kr385.40
Price
kr622.59
GF Value