Axfood AB (MIL:1AXFO) Cyclically Adjusted PS Ratio: (As of Jul. 19, 2026)

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MIL:1AXFO Axfood AB MIL:1AXFO
62 GF Score
Price €22.07
GF Value €28.31
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Axfood AB Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axfood AB  (MIL:1AXFO) 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.


Axfood AB Cyclically Adjusted PS Ratio Related Terms


Axfood AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Axfood 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.

Axfood AB Cyclically Adjusted PS Ratio Chart

Axfood 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 1.11 1.04 0.90 0.73 0.87

Axfood 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 0.85 0.88 0.87 0.95 0.75

MIL:1AXFO vs KR, SFM: Cyclically Adjusted PS Ratio Comparison

For the Grocery Stores subindustry, Axfood 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.


Axfood AB Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MIL:1AXFO
62GF Score
Axfood AB MIL:1AXFO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axfood 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.

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

For example, Axfood 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)
=9.761/134.1100*134.1100
=9.761

Current CPI (Jun. 2026) = 134.1100.

Axfood AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.355 101.138 7.101
201612 5.397 102.022 7.095
201703 5.272 102.022 6.930
201706 5.792 102.752 7.560
201709 5.730 103.279 7.441
201712 5.626 103.793 7.269
201803 5.321 103.962 6.864
201806 5.614 104.875 7.179
201809 5.459 105.679 6.928
201812 5.689 105.912 7.204
201903 5.368 105.886 6.799
201906 5.791 106.742 7.276
201909 5.625 107.214 7.036
201912 5.879 107.766 7.316
202003 5.676 106.563 7.143
202006 6.099 107.498 7.609
202009 6.072 107.635 7.566
202012 6.331 108.296 7.840
202103 6.133 108.360 7.590
202106 6.496 108.928 7.998
202109 6.372 110.338 7.745
202112 7.915 112.486 9.437
202203 7.505 114.825 8.765
202206 8.140 118.384 9.221
202209 7.973 122.296 8.743
202212 8.280 126.365 8.787
202303 7.915 127.042 8.355
202306 8.207 129.407 8.505
202309 7.906 130.224 8.142
202312 8.572 131.912 8.715
202403 8.253 132.205 8.372
202406 8.598 132.716 8.688
202409 8.491 132.304 8.607
202412 8.764 132.987 8.838
202503 8.858 132.825 8.944
202506 9.632 133.699 9.662
202509 9.342 133.480 9.386
202512 9.675 133.390 9.727
202603 9.246 133.560 9.284
202606 9.761 134.110 9.761

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 Axfood AB (MIL:1AXFO) Overvalued in 2026?

Based on GuruFocus' analysis, Axfood AB stock appears to be undervalued. The current stock price of €22.07 is trading 22% below its estimated GF Value™ of €28.31. GuruFocus considers Axfood AB to be Modestly Undervalued.

Key valuation signals for MIL:1AXFO:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €28.31 vs. price of €22.07 (22% below fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the MIL:1AXFO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axfood AB Business Description

Address Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants, cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment, which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.
62GF Score

Get the complete analysis for MIL:1AXFO

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

€22.07
Price
€28.31
GF Value