elumeo SE (STU:ELB) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:ELB elumeo SE STU:ELB
64 GF Score
Price €2.12
GF Value €2.01
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is elumeo SE Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


elumeo SE  (STU:ELB) 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.


elumeo SE Cyclically Adjusted PS Ratio Related Terms


elumeo SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for elumeo SE'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.

elumeo SE Cyclically Adjusted PS Ratio Chart

elumeo SE 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 - - - 0.18 0.21

elumeo SE Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 - - 0.19 0.21 0.16

STU:ELB vs TPR, SIG: Cyclically Adjusted PS Ratio Comparison

For the Luxury Goods subindustry, elumeo SE'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.


elumeo SE Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, elumeo SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:ELB
64GF Score
elumeo SE STU:ELB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

elumeo SE 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.

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

For example, elumeo SE'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)
=6.595/129.3606*129.3606
=6.595

Current CPI (Dec25) = 129.3606.

elumeo SE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 10.632 101.217 13.588
201712 12.284 102.617 15.485
201812 9.294 104.217 11.536
201912 8.016 105.818 9.799
202012 7.698 105.518 9.437
202112 9.155 110.384 10.729
202212 8.335 119.345 9.034
202312 8.027 123.773 8.389
202412 7.596 127.041 7.735
202512 6.595 129.361 6.595

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 elumeo SE (STU:ELB) Overvalued in 2026?

Based on GuruFocus' analysis, elumeo SE stock appears to be overvalued. The current stock price of €2.12 is trading 5.5% above its estimated GF Value™ of €2.01. GuruFocus considers elumeo SE to be Fairly Valued.

Key valuation signals for STU:ELB:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €2.01 vs. price of €2.12 (5.5% above fair value)
  • GF Score™: 64/100 with 8 warning signs

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


elumeo SE Business Description

Other Exchanges ELB:Germany
Address Erkelenzdamm 59/61, Berlin, DEU, 10999
elumeo SE along with its subsidiaries engages in designing, producing and selling jewelry articles, precious gemstones, and related products. Its brand portfolio comprises Juwelo, Rocks and Co., New York Gemstones, and AMAYANI brands. The company markets its products via the internet, catalogs, television, retail and other electronic distribution channels. The Group operates home shopping television stations in Germany and Italy as well as web shops in Germany, the UK, Italy, France, the Netherlands, Spain and Belgium.
64GF Score

Get the complete analysis for STU:ELB

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

€2.12
Price
€2.01
GF Value