MDCKF (Chapters Group AG) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

MDCKF Chapters Group AG MDCKF
72 GF Score
Price $47.50
GF Value $57.54
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Chapters Group AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chapters Group AG  (OTCPK:MDCKF) 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.


Chapters Group AG Cyclically Adjusted PS Ratio Related Terms


Chapters Group AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Chapters Group 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.

Chapters Group AG Cyclically Adjusted PS Ratio Chart

Chapters Group 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 3.91 3.44 2.96 10.73 16.09

Chapters Group AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.63 10.50 9.37 16.61 14.09

MDCKF vs CRM, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Chapters Group 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.


Chapters Group AG Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Chapters Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MDCKF
72GF Score
Chapters Group AG MDCKF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chapters Group 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.

Chapters Group AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Chapters Group AG's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=8.558/129.3606*129.3606
=8.558

Current CPI (Dec25) = 129.3606.

Chapters Group AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 1.472 101.217 1.881
201712 1.414 102.617 1.783
201812 1.213 104.217 1.506
201912 0.040 105.818 0.049
202012 0.335 105.518 0.411
202112 3.027 110.384 3.547
202212 2.752 119.345 2.983
202312 4.215 123.773 4.405
202412 5.208 127.041 5.303
202512 8.558 129.361 8.558

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 Chapters Group AG (MDCKF) Overvalued in 2026?

Based on GuruFocus' analysis, Chapters Group AG stock appears to be undervalued. The current stock price of $47.50 is trading 17.4% below its estimated GF Value™ of $57.54. GuruFocus considers Chapters Group AG to be Modestly Undervalued.

Key valuation signals for MDCKF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $57.54 vs. price of $47.50 (17.4% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Chapters Group AG Business Description

Other Exchanges CHG:Germany
Address Falkenried 29, Hamburg, DEU, 20251
Chapters Group AG is a holding company that invests in attractive small- and mid-sized enterprises and pursues a long-term entrepreneurial investment approach. The Group is focused on providing mission-critical digital solutions through a portfolio of operating companies and operates through three segments: Public Sector, Enterprise, and Financial Technologies. The Public Sector segment, which generates the maximum revenue, provides software solutions for municipalities, public administration, social services, education, transportation, utilities, cybersecurity, homeland security, telecommunications, and non-profit institutions.
72GF Score

Get the complete analysis for MDCKF

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

$47.50
Price
$57.54
GF Value