IPAS Indexo (ORSE:IDX1R) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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ORSE:IDX1R IPAS Indexo ORSE:IDX1R
71 GF Score
Price €9.12
GF Value €15.33
Valuation Possible Value Trap
! 8 Warning Signs
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What is IPAS Indexo Cyclically Adjusted PS Ratio?

IPAS Indexo does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


IPAS Indexo  (ORSE:IDX1R) 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.


IPAS Indexo Cyclically Adjusted PS Ratio Related Terms


IPAS Indexo Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IPAS Indexo'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.

IPAS Indexo Cyclically Adjusted PS Ratio Chart

IPAS Indexo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

IPAS Indexo Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

ORSE:IDX1R vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, IPAS Indexo'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.


IPAS Indexo Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, IPAS Indexo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ORSE:IDX1R
71GF Score
IPAS Indexo ORSE:IDX1R
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IPAS Indexo 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.

IPAS Indexo does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is IPAS Indexo (ORSE:IDX1R) Overvalued in 2026?

Based on GuruFocus' analysis, IPAS Indexo stock appears to be undervalued. The current stock price of €9.12 is trading 40.5% below its estimated GF Value™ of €15.33. GuruFocus considers IPAS Indexo to be Possible Value Trap.

Key valuation signals for ORSE:IDX1R:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €15.33 vs. price of €9.12 (40.5% below fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the ORSE:IDX1R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IPAS Indexo Business Description

Other Exchanges S9S:Germany
Address 1 Roberta Hirsa Street, Riga, LVA, 1045
IPAS Indexo is a licensed investment management company. Along with its subsidiaries, it operates in the following segments: Asset management, Bank development, and Non-bank lending. Maximum revenue is generated from the Asset Management segment, which includes management of the assets of state-funded pension scheme investment plans and private pension scheme investment plans. The Bank development segment represents the income generated from the provision of various banking services (including accepting deposits, granting loans, offering payment solutions, issuing credit cards, etc.) by its banking subsidiary, and the Non-bank lending represents its non-bank lending activities. Geographically, the group's maximum revenue is generated from Latvia, and rest from the European Economic Area.
71GF Score

Get the complete analysis for ORSE:IDX1R

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

€9.12
Price
€15.33
GF Value