Befesa (MEX:BFSAN) Cyclically Adjusted PS Ratio: 1.24 (As of Aug. 10, 2026) — 12% Above Median

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MEX:BFSAN Befesa SA MEX:BFSAN
60 GF Score
Price MXN689.53
GF Value MXN571.67
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Befesa Cyclically Adjusted PS Ratio?

Befesa MEX:BFSAN 60 Cyclically Adjusted PS Ratio is 1.24 as of Aug. 10, 2026, which is 12% above its 10-year median of 1.11. GuruFocus rates MEX:BFSAN with a GF Score™ of 60/100 and a GF Value™ of MXN571.67 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 156 Waste Management companies, Befesa ranks better than 51.92% on this metric.

As of today (2026-08-10), Befesa's current share price is MXN689.53. Befesa's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN556.16. Befesa's Cyclically Adjusted PS Ratio for today is 1.24.

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

MEX:BFSAN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.11   Max: 1.39
Current: 1.31

During the past years, Befesa's highest Cyclically Adjusted PS Ratio was 1.39. The lowest was 0.97. And the median was 1.11.

MEX:BFSAN's Cyclically Adjusted PS Ratio is ranked better than
51.92% of 156 companies
in the Waste Management industry
Industry Median: 1.39 vs MEX:BFSAN: 1.31

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.

Befesa's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN153.333. 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 MXN556.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Befesa  (MEX:BFSAN) 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.


Befesa Cyclically Adjusted PS Ratio Related Terms


Befesa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Befesa'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.

Befesa Cyclically Adjusted PS Ratio Chart

Befesa 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 0.00 0.00 0.00 0.00 1.09

Befesa 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 1.05 1.08 1.09 1.07 1.08

MEX:BFSAN vs WM, RSG, WCN: Cyclically Adjusted PS Ratio Comparison

For the Waste Management subindustry, Befesa'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.


Befesa Cyclically Adjusted PS Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Befesa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:BFSAN
60GF Score
Befesa SA MEX:BFSAN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Befesa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=689.53/556.16
=1.24

* 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.

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

For example, Befesa'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)
=153.333/128.6000*128.6000
=153.333

Current CPI (Jun. 2026) = 128.6000.

Befesa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 95.296 100.750 121.638
201612 102.963 101.040 131.048
201703 102.141 101.780 129.056
201706 120.186 102.170 151.276
201709 110.190 102.520 138.221
201712 120.663 102.410 151.521
201803 128.501 102.900 160.595
201806 125.985 103.650 156.311
201809 100.401 104.580 123.461
201812 118.674 104.320 146.295
201903 115.255 105.140 140.972
201906 108.243 105.550 131.881
201909 94.187 105.900 114.376
201912 93.088 106.080 112.850
202003 136.158 106.040 165.126
202006 91.747 106.340 110.952
202009 110.884 106.620 133.743
202012 112.203 106.670 135.271
202103 137.605 108.140 163.640
202106 132.461 108.680 156.740
202109 114.891 109.470 134.968
202112 143.263 111.090 165.844
202203 142.282 114.780 159.413
202206 166.563 116.750 183.469
202209 133.407 117.000 146.634
202212 152.545 117.060 167.583
202303 155.776 118.910 168.470
202306 139.228 120.460 148.636
202309 132.281 121.740 139.735
202312 127.248 121.170 135.051
202403 136.745 122.590 143.449
202406 156.444 123.120 163.407
202409 155.589 123.300 162.277
202412 176.993 122.430 185.913
202503 172.139 124.210 178.223
202506 160.434 125.820 163.979
202509 157.114 126.570 159.634
202512 152.819 126.180 155.750
202603 149.336 127.160 151.027
202606 153.333 128.600 153.333

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 1.24 mean?
Befesa (MEX:BFSAN) has a Cyclically Adjusted PS Ratio of 1.24 as of Aug. 10, 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 Befesa and its competitors. This is 12% above median its historical median of 1.11. Over the past decade, Befesa's Cyclically Adjusted PS Ratio has ranged from 0.97 to 1.39. According to the industry distribution chart, Befesa ranks #75 out of 156 companies in the Waste Management industry, placing it in the top 48.1%.
Is Befesa's Cyclically Adjusted PS Ratio too high?
Befesa's current Cyclically Adjusted PS Ratio of 1.24 is 12% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 1.39. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.39. Befesa's value of 1.24 is 10.8% below this industry median. Based on the distribution chart, Befesa ranks #75 out of 156 companies in the Waste Management industry, which is above the industry midpoint. Overall, Befesa has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Befesa's Cyclically Adjusted PS Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Befesa ranks #75 out of 156 companies for Cyclically Adjusted PS Ratio. This puts Befesa in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Befesa's value of 1.24 is 10.8% below this benchmark. Historically, Befesa's own Cyclically Adjusted PS Ratio has ranged from 0.97 to 1.39 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.39, Befesa 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 Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.39, based on 156 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. Befesa's current Cyclically Adjusted PS Ratio of 1.24 is 10.8% 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 Befesa and its competitors. For the Waste Management industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Befesa's current Cyclically Adjusted PS Ratio is 1.24, which is 12% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Befesa stock overvalued right now?
Based on GuruFocus' analysis, Befesa (MEX:BFSAN) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN571.67, compared to a current price of MXN689.53 — trading 20.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.24, which is 12% above median its 10-year median of 1.11 and 10.8% below the Waste Management industry median of 1.39. Befesa's overall GF Score™ is 60/100 with 8 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 Befesa (MEX:BFSAN), the current Cyclically Adjusted PS Ratio is 1.24 as of Aug. 10, 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 Befesa (MEX:BFSAN) Overvalued in 2026?

Based on GuruFocus' analysis, Befesa stock appears to be overvalued. The current stock price of MXN689.53 is trading 20.6% above its estimated GF Value™ of MXN571.67. GuruFocus considers Befesa to be Modestly Overvalued.

Key valuation signals for MEX:BFSAN:

  • Cyclically Adjusted PS Ratio: 1.24 (12% above median its 10-year median of 1.11)
  • GF Value™: MXN571.67 vs. price of MXN689.53 (20.6% above fair value)
  • GF Score™: 60/100 with 8 warning signs
  • Industry Position: 10.8% below the Waste Management median (#75 of 156)

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


Befesa Business Description

Address 68-70, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2320
Befesa SA provides sustainable services for the recycling of hazardous residues from the Steel & Aluminium industry. It operates in two business segments: Steel dust recycling services & Aluminum salt slags recycling services. In the Steel Dust Recycling segment, the company collects & recycles steel dust and other steel residues generated in the production of crude, stainless, and galvanized steel. The Aluminum Salt Slags recycling services are divided into salt slags & secondary aluminum segments. Its secondary aluminum operations include the collection and recycling of aluminum scrap and other aluminum residues. Geographically, it generates the majority of its revenue from Spain, and also has a presence in Germany, Belgium, Finland, the Netherlands, Italy, France, and other countries.
60GF Score

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

MXN689.53
Price
MXN571.67
GF Value