Atea ASA (OSL:ATEA) Cyclically Adjusted PS Ratio: 0.43 (As of Jul. 18, 2026) — Near Median

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OSL:ATEA Atea ASA OSL:ATEA
79 GF Score
Price kr159.80
GF Value kr159.30
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Atea ASA Cyclically Adjusted PS Ratio?

Atea ASA OSL:ATEA +1.78% 79 Cyclically Adjusted PS Ratio is 0.43 as of Jul. 18, 2026, which is 2% above its 10-year median of 0.42. GuruFocus rates OSL:ATEA with a GF Score™ of 79/100 and a GF Value™ of kr159.30 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,590 Software companies, Atea ASA ranks better than 81.13% on this metric.

As of today (2026-07-18), Atea ASA's current share price is kr159.80. Atea ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr368.95. Atea ASA's Cyclically Adjusted PS Ratio for today is 0.43.

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

OSL:ATEA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.42   Max: 0.57
Current: 0.43

During the past years, Atea ASA's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.26. And the median was 0.42.

OSL:ATEA's Cyclically Adjusted PS Ratio is ranked better than
81.13% of 1590 companies
in the Software industry
Industry Median: 1.665 vs OSL:ATEA: 0.43

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.

Atea ASA's adjusted revenue per share data for the three months ended in Jun. 2026 was kr91.799. 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 kr368.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atea ASA  (OSL:ATEA) 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.


Atea ASA Cyclically Adjusted PS Ratio Related Terms


Atea ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Atea ASA'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.

Atea ASA Cyclically Adjusted PS Ratio Chart

Atea ASA 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 0.53 0.34 0.37 0.40 0.43

Atea ASA 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 0.44 0.40 0.43 0.38 0.47

OSL:ATEA vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Atea ASA'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.


Atea ASA Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Atea ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


OSL:ATEA
79GF Score
Atea ASA OSL:ATEA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atea ASA 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.

Atea ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=159.80/368.95
=0.43

* 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.

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

For example, Atea ASA'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)
=91.799/141.8500*141.8500
=91.799

Current CPI (Jun. 2026) = 141.8500.

Atea ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 59.899 104.200 81.542
201612 83.249 104.400 113.112
201703 68.264 105.000 92.221
201706 78.084 105.800 104.690
201709 61.707 105.900 82.655
201712 89.834 106.100 120.103
201803 76.689 107.300 101.382
201806 83.407 108.500 109.044
201809 64.810 109.500 83.957
201812 91.432 109.800 118.120
201903 83.283 110.400 107.008
201906 86.050 110.600 110.363
201909 71.322 111.100 91.062
201912 90.095 111.300 114.825
202003 75.358 111.200 96.129
202006 95.453 112.100 120.785
202009 74.160 112.900 93.176
202012 104.820 112.900 131.698
202103 63.430 114.600 78.513
202106 58.437 115.300 71.893
202109 57.085 117.500 68.915
202112 70.516 118.900 84.127
202203 61.152 119.800 72.407
202206 67.695 122.600 78.324
202209 72.161 125.600 81.497
202212 88.869 125.900 100.128
202303 77.980 127.600 86.689
202306 79.098 130.400 86.043
202309 68.921 129.800 75.319
202312 83.463 131.900 89.759
202403 67.741 132.600 72.467
202406 74.154 133.800 78.615
202409 71.098 133.700 75.432
202412 93.966 134.800 98.880
202503 76.027 136.100 79.239
202506 80.912 137.800 83.290
202509 74.705 138.500 76.512
202512 99.342 139.100 101.306
202603 85.941 141.030 86.441
202606 91.799 141.850 91.799

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 0.43 mean?
Atea ASA (OSL:ATEA) has a Cyclically Adjusted PS Ratio of 0.43 as of Jul. 18, 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 Atea ASA and its competitors. This is near median its historical median of 0.42. Over the past decade, Atea ASA's Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.57. According to the industry distribution chart, Atea ASA ranks #300 out of 1590 companies in the Software industry, placing it in the top 18.9%.
Is Atea ASA's Cyclically Adjusted PS Ratio too high?
Atea ASA's current Cyclically Adjusted PS Ratio of 0.43 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.57. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Atea ASA's value of 0.43 is 74.2% below this industry median. Based on the distribution chart, Atea ASA ranks #300 out of 1590 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Atea ASA has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atea ASA's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Atea ASA ranks #300 out of 1590 companies for Cyclically Adjusted PS Ratio. This places Atea ASA in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.67. Atea ASA's value of 0.43 is 74.2% below this benchmark. Historically, Atea ASA's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.57 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.67, Atea ASA 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.67, based on 1,590 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. Atea ASA's current Cyclically Adjusted PS Ratio of 0.43 is 74.2% 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 Atea ASA and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atea ASA's current Cyclically Adjusted PS Ratio is 0.43, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atea ASA stock overvalued right now?
Based on GuruFocus' analysis, Atea ASA (OSL:ATEA) is currently considered Fairly Valued. The stock's GF Value™ is kr159.30, compared to a current price of kr159.80 — trading 0.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.43, which is near median its 10-year median of 0.42 and 74.2% below the Software industry median of 1.67. Atea ASA's overall GF Score™ is 79/100 with 6 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 Atea ASA (OSL:ATEA), the current Cyclically Adjusted PS Ratio is 0.43 as of Jul. 18, 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 Atea ASA (OSL:ATEA) Overvalued in 2026?

Based on GuruFocus' analysis, Atea ASA stock appears to be overvalued. The current stock price of kr159.80 is trading 0.3% above its estimated GF Value™ of kr159.30. GuruFocus considers Atea ASA to be Fairly Valued.

Key valuation signals for OSL:ATEA:

  • Cyclically Adjusted PS Ratio: 0.43 (near median its 10-year median of 0.42)
  • GF Value™: kr159.30 vs. price of kr159.80 (0.3% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 74.2% below the Software median (#300 of 1590)

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


Atea ASA Business Description

Address Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605
Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates the majority of its revenue in Sweden.
79GF Score

Get the complete analysis for OSL:ATEA

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

kr159.80
Price
kr159.30
GF Value