DSV AS (MEX:0JN9N) Cyclically Adjusted PS Ratio: 1.78 (As of Aug. 30, 2026) — 18% Below Median

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MEX:0JN9N DSV AS MEX:0JN9N
74 GF Score
Price MXN3,700.00
GF Value MXN5,334.50
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is DSV AS Cyclically Adjusted PS Ratio?

DSV AS MEX:0JN9N -15.48% 74 Cyclically Adjusted PS Ratio is 1.78 as of Aug. 30, 2026, which is 18% below its 10-year median of 2.16. GuruFocus rates MEX:0JN9N with a GF Score™ of 74/100 and a GF Value™ of MXN5,334.50 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 763 Transportation companies, DSV AS ranks worse than 69.2% on this metric.

As of today (2026-08-30), DSV AS's current share price is MXN3700.00. DSV AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN2,073.74. DSV AS's Cyclically Adjusted PS Ratio for today is 1.78.

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

MEX:0JN9N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.16   Max: 4.4
Current: 1.8

During the past years, DSV AS's highest Cyclically Adjusted PS Ratio was 4.40. The lowest was 1.34. And the median was 2.16.

MEX:0JN9N's Cyclically Adjusted PS Ratio is ranked worse than
69.2% of 763 companies
in the Transportation industry
Industry Median: 0.93 vs MEX:0JN9N: 1.80

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.

DSV AS's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN860.190. 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 MXN2,073.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DSV AS  (MEX:0JN9N) 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.


DSV AS Cyclically Adjusted PS Ratio Related Terms


DSV AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DSV 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.

DSV AS Cyclically Adjusted PS Ratio Chart

DSV AS 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 3.65 2.06 2.07 2.43 2.27

DSV AS 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 2.29 1.83 2.27 2.09 2.03

MEX:0JN9N vs UPS, FDX, JBHT: Cyclically Adjusted PS Ratio Comparison

For the Integrated Freight & Logistics subindustry, DSV 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.


DSV AS Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, DSV AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:0JN9N
74GF Score
DSV AS MEX:0JN9N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DSV 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.

DSV AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3700.00/2073.74
=1.78

* 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.

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

For example, DSV AS'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)
=860.19/122.9700*122.9700
=860.190

Current CPI (Jun. 2026) = 122.9700.

DSV AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 267.176 100.200 327.891
201612 273.875 100.300 335.777
201703 262.174 101.200 318.572
201706 273.014 101.200 331.744
201709 287.056 101.800 346.751
201712 314.293 101.300 381.526
201803 293.364 101.700 354.719
201806 321.572 102.300 386.547
201809 320.884 102.400 385.343
201812 343.430 102.100 413.630
201903 318.985 102.900 381.201
201906 318.715 102.900 380.878
201909 344.248 102.900 411.391
201912 357.844 102.900 427.639
202003 442.563 103.300 526.834
202006 434.646 103.200 517.911
202009 425.540 103.500 505.591
202012 446.712 103.400 531.259
202103 476.257 104.300 561.508
202106 537.386 105.000 629.356
202109 688.437 105.800 800.162
202112 790.959 106.600 912.422
202203 760.638 109.900 851.098
202206 766.911 113.600 830.168
202209 708.758 116.400 748.763
202212 639.066 115.900 678.050
202303 470.425 117.300 493.164
202306 433.930 116.400 458.422
202309 415.007 117.400 434.697
202312 428.138 116.700 451.141
202403 440.961 118.400 457.981
202406 519.756 118.500 539.362
202409 622.628 118.900 643.941
202412 544.999 118.900 563.655
202503 525.829 120.200 537.947
202506 766.678 120.700 781.097
202509 880.833 121.600 890.757
202512 853.429 121.200 865.892
202603 822.367 121.680 831.085
202606 860.190 122.970 860.190

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 1.78 mean?
DSV AS (MEX:0JN9N) has a Cyclically Adjusted PS Ratio of 1.78 as of Aug. 30, 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 DSV AS and its competitors. This is 18% below median its historical median of 2.16. Over the past decade, DSV AS's Cyclically Adjusted PS Ratio has ranged from 1.34 to 4.40. According to the industry distribution chart, DSV AS ranks #528 out of 763 companies in the Transportation industry, placing it in the top 69.2%.
Is DSV AS's Cyclically Adjusted PS Ratio too high?
DSV AS's current Cyclically Adjusted PS Ratio of 1.78 is 18% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 4.40. The Transportation industry median Cyclically Adjusted PS Ratio is 0.93. DSV AS's value of 1.78 is 91.4% above this industry median. Based on the distribution chart, DSV AS ranks #528 out of 763 companies in the Transportation industry, which is below the industry midpoint. Overall, DSV AS has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DSV AS's Cyclically Adjusted PS Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, DSV AS ranks #528 out of 763 companies for Cyclically Adjusted PS Ratio. This places DSV AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. DSV AS's value of 1.78 is 91.4% above this benchmark. Historically, DSV AS's own Cyclically Adjusted PS Ratio has ranged from 1.34 to 4.40 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 0.93, DSV AS 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.93, based on 763 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. DSV AS's current Cyclically Adjusted PS Ratio of 1.78 is 91.4% 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 DSV AS and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DSV AS's current Cyclically Adjusted PS Ratio is 1.78, which is 18% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSV AS stock overvalued right now?
Based on GuruFocus' analysis, DSV AS (MEX:0JN9N) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN5,334.50, compared to a current price of MXN3,700.00 — trading 30.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.78, which is 18% below median its 10-year median of 2.16 and 91.4% above the Transportation industry median of 0.93. DSV AS's overall GF Score™ is 74/100 with 3 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 DSV AS (MEX:0JN9N), the current Cyclically Adjusted PS Ratio is 1.78 as of Aug. 30, 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 DSV AS (MEX:0JN9N) Overvalued in 2026?

Based on GuruFocus' analysis, DSV AS stock appears to be undervalued. The current stock price of MXN3,700.00 is trading 30.6% below its estimated GF Value™ of MXN5,334.50. GuruFocus considers DSV AS to be Significantly Undervalued.

Key valuation signals for MEX:0JN9N:

  • Cyclically Adjusted PS Ratio: 1.78 (18% below median its 10-year median of 2.16)
  • GF Value™: MXN5,334.50 vs. price of MXN3,700.00 (30.6% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 91.4% above the Transportation median (#528 of 763)

No single metric tells the full story. See the MEX:0JN9N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DSV AS Business Description

Address Hovedgaden 630, Hedehusene, DNK, 2640
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, and sea, with the bulk of its activities coming from airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has experienced rapid growth, primarily through strategic acquisitions. Its most recent acquisition, DB Schenker, occurred in the second quarter of 2025, making DSV the largest sea freight forwarder.
74GF Score

Get the complete analysis for MEX:0JN9N

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

MXN3,700.00
Price
MXN5,334.50
GF Value