Tecogen (STU:2T1) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:2T1 Tecogen Inc STU:2T1
53 GF Score
Price €2.85
GF Value €1.60
! 4 Warning Signs
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What is Tecogen Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tecogen  (STU:2T1) 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.


Tecogen Cyclically Adjusted PS Ratio Related Terms


Tecogen Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tecogen'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.

Tecogen Cyclically Adjusted PS Ratio Chart

Tecogen 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 0.86 0.88 0.52 1.01 3.44

Tecogen 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 4.55 5.48 3.42 1.77 3.68

STU:2T1 vs CBAT, ULBI, OESX: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Tecogen'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.


Tecogen Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tecogen's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:2T1
53GF Score
Tecogen Inc STU:2T1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tecogen 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.

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

For example, Tecogen'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)
=0.165/333.9520*333.9520
=0.165

Current CPI (Jun. 2026) = 333.9520.

Tecogen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.293 241.428 0.405
201612 0.330 241.432 0.456
201703 0.316 243.801 0.433
201706 0.298 244.955 0.406
201709 0.291 246.819 0.394
201712 0.352 246.524 0.477
201803 0.333 249.554 0.446
201806 0.286 251.989 0.379
201809 0.275 252.439 0.364
201812 0.329 251.233 0.437
201903 0.290 254.202 0.381
201906 0.282 256.143 0.368
201909 0.314 256.759 0.408
201912 0.317 256.974 0.412
202003 0.291 258.115 0.376
202006 0.272 257.797 0.352
202009 0.248 260.280 0.318
202012 0.191 260.474 0.245
202103 0.200 264.877 0.252
202106 0.203 271.696 0.250
202109 0.169 274.310 0.206
202112 0.251 278.802 0.301
202203 0.265 287.504 0.308
202206 0.242 296.311 0.273
202209 0.264 296.808 0.297
202212 0.179 296.797 0.201
202303 0.202 301.836 0.223
202306 0.250 305.109 0.274
202309 0.263 307.789 0.285
202312 0.221 306.746 0.241
202403 0.229 312.332 0.245
202406 0.177 314.175 0.188
202409 0.206 315.301 0.218
202412 0.229 315.605 0.242
202503 0.277 319.799 0.289
202506 0.255 322.561 0.264
202509 0.213 324.800 0.219
202512 0.153 324.054 0.158
202603 0.181 330.213 0.183
202606 0.165 333.952 0.165

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 Tecogen (STU:2T1) Overvalued in 2026?

Based on GuruFocus' analysis, Tecogen stock appears to be overvalued. The current stock price of €2.85 is trading 78.4% above its estimated GF Value™ of €1.60.

Key valuation signals for STU:2T1:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €1.60 vs. price of €2.85 (78.4% above fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the STU:2T1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tecogen Business Description

Other Exchanges TGEN:USA
Address 76 Treble Cove Road, Building 1, North Billerica, MA, USA, 01862
Tecogen Inc produces commercial and industrial, natural-gas-fueled engine-driven, combined heat and power (CHP) products that reduce energy costs, decrease greenhouse gas emissions and alleviate congestion on the national power grid. Its products supply electric power or mechanical power for cooling. The company has three business segments: Products Segment, Services Segment, and Energy Production Segment. The majority of the company's revenue is derived from the Services segment, which provides operations and maintenance (O&M) services for its products under long term service contracts.
53GF Score

Get the complete analysis for STU:2T1

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

€2.85
Price
€1.60
GF Value