Kesla Oyj (OHEL:KELAS) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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OHEL:KELAS Kesla Oyj OHEL:KELAS
58 GF Score
Price €4.14
GF Value €4.14
Valuation Fairly Valued
! 3 Warning Signs
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What is Kesla Oyj Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kesla Oyj  (OHEL:KELAS) 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.


Kesla Oyj Cyclically Adjusted PS Ratio Related Terms


Kesla Oyj Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Kesla Oyj'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.

Kesla Oyj Cyclically Adjusted PS Ratio Chart

Kesla Oyj 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 0.44 0.28 0.26 0.21 0.16

Kesla Oyj Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.26 0.21 0.22 0.16 0.34

OHEL:KELAS vs CAT, DE, PCAR: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Kesla Oyj'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.


Kesla Oyj Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kesla Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


OHEL:KELAS
58GF Score
Kesla Oyj OHEL:KELAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kesla Oyj 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.

Kesla Oyj's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Kesla Oyj'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)
=10.207/122.6700*122.6700
=10.207

Current CPI (Dec25) = 122.6700.

Kesla Oyj Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 12.468 101.020 15.140
201712 11.639 101.510 14.065
201812 13.369 102.710 15.967
201912 14.047 103.650 16.625
202012 11.762 103.890 13.888
202112 13.490 107.490 15.395
202212 13.606 117.320 14.226
202312 16.434 121.540 16.587
202412 13.147 122.390 13.177
202512 10.207 122.670 10.207

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 Kesla Oyj (OHEL:KELAS) Overvalued in 2026?

Based on GuruFocus' analysis, Kesla Oyj stock appears to be undervalued. The current stock price of €4.14 is trading 0% below its estimated GF Value™ of €4.14. GuruFocus considers Kesla Oyj to be Fairly Valued.

Key valuation signals for OHEL:KELAS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €4.14 vs. price of €4.14 (0% below fair value)
  • GF Score™: 58/100 with 3 warning signs

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


Kesla Oyj Business Description

Other Exchanges 0EYY:UK
Address Kuurnankatu 24, Joensuu, FIN, 80100
Kesla Oyj is engaged in designing, marketing, and manufacturing forest technology. The product portfolio includes harvester cranes, forwarder cranes, and industrial cranes.
58GF Score

Get the complete analysis for OHEL:KELAS

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

€4.14
Price
€4.14
GF Value