FirstFarms AS (OCSE:FFARMS) Cyclically Adjusted PS Ratio: 1.47 (As of Aug. 02, 2026) — 22% Below Median

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OCSE:FFARMS FirstFarms AS OCSE:FFARMS
56 GF Score
Price kr68.00
GF Value kr53.57
Valuation Modestly Overvalued
! 9 Warning Signs
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What is FirstFarms AS Cyclically Adjusted PS Ratio?

FirstFarms AS OCSE:FFARMS +0.59% 56 Cyclically Adjusted PS Ratio is 1.47 as of Aug. 02, 2026, which is 22% below its 10-year median of 1.89. GuruFocus rates OCSE:FFARMS with a GF Score™ of 56/100 and a GF Value™ of kr53.57 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, FirstFarms AS ranks worse than 69.68% on this metric.

As of today (2026-08-02), FirstFarms AS's current share price is kr68.00. FirstFarms AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was kr46.30. FirstFarms AS's Cyclically Adjusted PS Ratio for today is 1.47.

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

OCSE:FFARMS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.89   Max: 2.54
Current: 1.47

During the past years, FirstFarms AS's highest Cyclically Adjusted PS Ratio was 2.54. The lowest was 1.37. And the median was 1.89.

OCSE:FFARMS's Cyclically Adjusted PS Ratio is ranked worse than
69.68% of 1451 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs OCSE:FFARMS: 1.47

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.

FirstFarms AS's adjusted revenue per share data for the three months ended in Dec. 2025 was kr7.653. 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 kr46.30 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


FirstFarms AS  (OCSE:FFARMS) 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.


FirstFarms AS Cyclically Adjusted PS Ratio Related Terms


FirstFarms AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FirstFarms 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.

FirstFarms AS Cyclically Adjusted PS Ratio Chart

FirstFarms 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 2.05 1.96 1.62 1.61 1.60

FirstFarms AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 1.61 1.82 1.61 1.70 1.60

OCSE:FFARMS vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, FirstFarms 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.


FirstFarms AS Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, FirstFarms AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


OCSE:FFARMS
56GF Score
FirstFarms AS OCSE:FFARMS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FirstFarms 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=68.00/46.30
=1.47

* 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.

FirstFarms AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, FirstFarms AS's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=7.653/121.2000*121.2000
=7.653

Current CPI (Dec. 2025) = 121.2000.

FirstFarms AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 5.335 100.200 6.453
201606 2.764 100.600 3.330
201609 10.857 100.200 13.132
201612 8.582 100.300 10.370
201703 6.922 101.200 8.290
201706 7.103 101.200 8.507
201709 13.108 101.800 15.606
201712 10.876 101.300 13.013
201803 6.917 101.700 8.243
201806 9.219 102.300 10.922
201809 13.332 102.400 15.780
201812 10.048 102.100 11.928
201903 7.850 102.900 9.246
201906 8.031 102.900 9.459
201909 15.501 102.900 18.258
201912 18.292 102.900 21.545
202003 12.350 103.300 14.490
202006 7.509 103.200 8.819
202009 9.143 103.500 10.707
202012 12.336 103.400 14.460
202103 9.310 104.300 10.819
202106 7.757 105.000 8.954
202109 14.125 105.800 16.181
202112 14.739 106.600 16.758
202203 7.797 109.900 8.599
202206 9.674 113.600 10.321
202209 13.794 116.400 14.363
202212 9.245 115.900 9.668
202303 11.135 117.300 11.505
202306 9.479 116.400 9.870
202309 17.648 117.400 18.219
202312 11.756 116.700 12.209
202403 10.409 118.400 10.655
202406 10.408 118.500 10.645
202409 13.275 118.900 13.532
202412 11.294 118.900 11.512
202503 10.932 120.200 11.023
202506 10.169 120.700 10.211
202509 7.752 121.600 7.727
202512 7.653 121.200 7.653

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 1.47 mean?
FirstFarms AS (OCSE:FFARMS) has a Cyclically Adjusted PS Ratio of 1.47 as of Aug. 02, 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 FirstFarms AS and its competitors. This is 22% below median its historical median of 1.89. Over the past decade, FirstFarms AS's Cyclically Adjusted PS Ratio has ranged from 1.37 to 2.54. According to the industry distribution chart, FirstFarms AS ranks #1011 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 69.7%.
Is FirstFarms AS's Cyclically Adjusted PS Ratio too high?
FirstFarms AS's current Cyclically Adjusted PS Ratio of 1.47 is 22% below median its 10-year median of 1.89. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 2.54. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. FirstFarms AS's value of 1.47 is 93.4% above this industry median. Based on the distribution chart, FirstFarms AS ranks #1011 out of 1451 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, FirstFarms AS has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FirstFarms AS's Cyclically Adjusted PS Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, FirstFarms AS ranks #1011 out of 1451 companies for Cyclically Adjusted PS Ratio. This places FirstFarms AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. FirstFarms AS's value of 1.47 is 93.4% above this benchmark. Historically, FirstFarms AS's own Cyclically Adjusted PS Ratio has ranged from 1.37 to 2.54 over the past decade. While the company's 10-year median is 1.89 vs. the industry median of 0.76, FirstFarms 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,451 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. FirstFarms AS's current Cyclically Adjusted PS Ratio of 1.47 is 93.4% 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 FirstFarms AS and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstFarms AS's current Cyclically Adjusted PS Ratio is 1.47, which is 22% below median its own 10-year median of 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstFarms AS stock overvalued right now?
Based on GuruFocus' analysis, FirstFarms AS (OCSE:FFARMS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr53.57, compared to a current price of kr68.00 — trading 26.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.47, which is 22% below median its 10-year median of 1.89 and 93.4% above the Consumer Packaged Goods industry median of 0.76. FirstFarms AS's overall GF Score™ is 56/100 with 9 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 FirstFarms AS (OCSE:FFARMS), the current Cyclically Adjusted PS Ratio is 1.47 as of Aug. 02, 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 FirstFarms AS (OCSE:FFARMS) Overvalued in 2026?

Based on GuruFocus' analysis, FirstFarms AS stock appears to be overvalued. The current stock price of kr68.00 is trading 26.9% above its estimated GF Value™ of kr53.57. GuruFocus considers FirstFarms AS to be Modestly Overvalued.

Key valuation signals for OCSE:FFARMS:

  • Cyclically Adjusted PS Ratio: 1.47 (22% below median its 10-year median of 1.89)
  • GF Value™: kr53.57 vs. price of kr68.00 (26.9% above fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 93.4% above the Consumer Packaged Goods median (#1011 of 1451)

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


FirstFarms AS Business Description

Address Majsmarken 1, Billund, DNK, DK-7190
FirstFarms AS is an agricultural company operating in the area of agriculture and food products. Its business consists of four branches of operation: crops, milk, pigs and development of the land portfolio. Geographically, the group's segments are Romania, Slovakia, Hungary, the Czech Republic, and Denmark. The majority of the company's revenue is derived from Slovakia. The company's revenue consists of the sale of Milk, Cows and calves, piglets and slaughter pigs, crops and others.
56GF Score

Get the complete analysis for OCSE:FFARMS

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

kr68.00
Price
kr53.57
GF Value