Freja eID Group AB (OSTO:FREJA) Cyclically Adjusted PS Ratio: 6.27 (As of Aug. 25, 2026) — 131% Above Median

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OSTO:FREJA Freja eID Group AB OSTO:FREJA
63 GF Score
Price kr20.00
GF Value kr13.24
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Freja eID Group AB Cyclically Adjusted PS Ratio?

Freja eID Group AB OSTO:FREJA 63 Cyclically Adjusted PS Ratio is 6.27 as of Aug. 25, 2026, which is 131% above its 10-year median of 2.72. GuruFocus rates OSTO:FREJA with a GF Score™ of 63/100 and a GF Value™ of kr13.24 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,591 Software companies, Freja eID Group AB ranks worse than 81.71% on this metric.

As of today (2026-08-25), Freja eID Group AB's current share price is kr20.00. Freja eID Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr3.19. Freja eID Group AB's Cyclically Adjusted PS Ratio for today is 6.27.

The historical rank and industry rank for Freja eID Group AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

OSTO:FREJA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.72   Max: 7.4
Current: 6.26

During the past years, Freja eID Group AB's highest Cyclically Adjusted PS Ratio was 7.40. The lowest was 1.24. And the median was 2.72.

OSTO:FREJA's Cyclically Adjusted PS Ratio is ranked worse than
81.71% of 1591 companies
in the Software industry
Industry Median: 1.67 vs OSTO:FREJA: 6.26

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.

Freja eID Group AB's adjusted revenue per share data for the three months ended in Jun. 2026 was kr0.515. 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 kr3.19 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freja eID Group AB  (OSTO:FREJA) 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.


Freja eID Group AB Cyclically Adjusted PS Ratio Related Terms


Freja eID Group AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Freja eID Group 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.

Freja eID Group AB Cyclically Adjusted PS Ratio Chart

Freja eID Group 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 0.00 0.00 1.65 2.59 4.64

Freja eID Group 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 3.29 4.09 4.64 4.63 5.35

OSTO:FREJA vs MSFT, ORCL, PLTR: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, Freja eID Group 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.


Freja eID Group AB Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Freja eID Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


OSTO:FREJA
63GF Score
Freja eID Group AB OSTO:FREJA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freja eID Group 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.

Freja eID Group AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.00/3.19
=6.27

* 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.

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

For example, Freja eID Group 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)
=0.515/134.6100*134.6100
=0.515

Current CPI (Jun. 2026) = 134.6100.

Freja eID Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.277 101.138 1.700
201612 1.412 102.022 1.863
201703 1.044 102.022 1.377
201706 0.911 102.752 1.193
201709 1.357 103.279 1.769
201712 1.146 103.793 1.486
201803 1.303 103.962 1.687
201806 1.397 104.875 1.793
201809 1.358 105.679 1.730
201812 1.354 105.912 1.721
201903 1.948 105.886 2.476
201906 0.595 106.742 0.750
201909 0.471 107.214 0.591
201912 0.409 107.766 0.511
202003 0.344 106.563 0.435
202006 0.426 107.498 0.533
202009 0.310 107.635 0.388
202012 0.401 108.296 0.498
202103 0.304 108.360 0.378
202106 0.332 108.928 0.410
202109 0.193 110.338 0.235
202112 0.310 112.486 0.371
202203 0.319 114.825 0.374
202206 0.357 118.384 0.406
202209 0.348 122.296 0.383
202212 0.535 126.365 0.570
202303 0.450 127.042 0.477
202306 0.396 129.407 0.412
202309 0.356 130.224 0.368
202312 0.399 131.912 0.407
202403 0.391 132.205 0.398
202406 0.380 132.716 0.385
202409 0.424 132.304 0.431
202412 0.468 132.987 0.474
202503 0.477 132.825 0.483
202506 0.420 133.699 0.423
202509 0.527 133.480 0.531
202512 0.481 133.390 0.485
202603 0.515 133.560 0.519
202606 0.515 134.610 0.515

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 6.27 mean?
Freja eID Group AB (OSTO:FREJA) has a Cyclically Adjusted PS Ratio of 6.27 as of Aug. 25, 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 Freja eID Group AB and its competitors. This is 131% above median its historical median of 2.72. Over the past decade, Freja eID Group AB's Cyclically Adjusted PS Ratio has ranged from 1.24 to 7.40. According to the industry distribution chart, Freja eID Group AB ranks #1300 out of 1591 companies in the Software industry, placing it in the top 81.7%.
Is Freja eID Group AB's Cyclically Adjusted PS Ratio too high?
Freja eID Group AB's current Cyclically Adjusted PS Ratio of 6.27 is 131% above median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 7.40. The Software industry median Cyclically Adjusted PS Ratio is 1.67. Freja eID Group AB's value of 6.27 is 275.4% above this industry median. Based on the distribution chart, Freja eID Group AB ranks #1300 out of 1591 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Freja eID Group AB has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freja eID Group AB's Cyclically Adjusted PS Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Freja eID Group AB ranks #1300 out of 1591 companies for Cyclically Adjusted PS Ratio. This places Freja eID Group AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.67. Freja eID Group AB's value of 6.27 is 275.4% above this benchmark. Historically, Freja eID Group AB's own Cyclically Adjusted PS Ratio has ranged from 1.24 to 7.40 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 1.67, Freja eID Group AB 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.67, based on 1,591 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. Freja eID Group AB's current Cyclically Adjusted PS Ratio of 6.27 is 275.4% 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 Freja eID Group AB 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. Freja eID Group AB's current Cyclically Adjusted PS Ratio is 6.27, which is 131% above median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freja eID Group AB stock overvalued right now?
Based on GuruFocus' analysis, Freja eID Group AB (OSTO:FREJA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr13.24, compared to a current price of kr20.00 — trading 51.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.27, which is 131% above median its 10-year median of 2.72 and 275.4% above the Software industry median of 1.67. Freja eID Group AB's overall GF Score™ is 63/100 with 1 warning sign 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 Freja eID Group AB (OSTO:FREJA), the current Cyclically Adjusted PS Ratio is 6.27 as of Aug. 25, 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 Freja eID Group AB (OSTO:FREJA) Overvalued in 2026?

Based on GuruFocus' analysis, Freja eID Group AB stock appears to be overvalued. The current stock price of kr20.00 is trading 51.1% above its estimated GF Value™ of kr13.24. GuruFocus considers Freja eID Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:FREJA:

  • Cyclically Adjusted PS Ratio: 6.27 (131% above median its 10-year median of 2.72)
  • GF Value™: kr13.24 vs. price of kr20.00 (51.1% above fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 275.4% above the Software median (#1300 of 1591)

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


Freja eID Group AB Business Description

Address Vasagatan 40, Box 3328, Stockholm, SWE, 103 66
Freja eID Group AB is a Swedish tech company. The company offers an ID platform that gives the user control over their digital identity and data. Through the platform, the user can interact with companies and authorities but also with private individuals. The functions include e-identification, electronic signatures, sign-up, check-out, physical identification, and e-service identification. Its business is based on the Swedish market and the platform is built for international scalability.
63GF Score

Get the complete analysis for OSTO:FREJA

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

kr20.00
Price
kr13.24
GF Value