inTest (STU:IN9) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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:IN9 inTest Corp STU:IN9
90 GF Score
Price €9.30
GF Value €8.62
Valuation Fairly Valued
! 4 Warning Signs
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What is inTest Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


inTest  (STU:IN9) 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.


inTest Cyclically Adjusted PS Ratio Related Terms


inTest Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for inTest'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.

inTest Cyclically Adjusted PS Ratio Chart

inTest 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 2.23 1.60 1.76 1.10 0.80

inTest 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 0.78 0.86 0.80 1.39 1.84

STU:IN9 vs ATOM, TRT, SODI: Cyclically Adjusted PS Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, inTest'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.


inTest Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


STU:IN9
90GF Score
inTest Corp STU:IN9
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

inTest 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.

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

For example, inTest'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)
=2.414/333.9520*333.9520
=2.414

Current CPI (Jun. 2026) = 333.9520.

inTest Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.940 241.428 1.300
201612 0.925 241.432 1.279
201703 1.292 243.801 1.770
201706 1.397 244.955 1.905
201709 1.428 246.819 1.932
201712 1.597 246.524 2.163
201803 1.481 249.554 1.982
201806 1.707 251.989 2.262
201809 1.674 252.439 2.215
201812 1.558 251.233 2.071
201903 1.527 254.202 2.006
201906 1.227 256.143 1.600
201909 1.262 256.759 1.641
201912 1.194 256.974 1.552
202003 0.997 258.115 1.290
202006 1.175 257.797 1.522
202009 1.202 260.280 1.542
202012 1.213 260.474 1.555
202103 1.542 264.877 1.944
202106 1.683 271.696 2.069
202109 1.662 274.310 2.023
202112 1.798 278.802 2.154
202203 1.980 287.504 2.300
202206 2.566 296.311 2.892
202209 2.812 296.808 3.164
202212 2.909 296.797 3.273
202303 2.683 301.836 2.968
202306 2.558 305.109 2.800
202309 2.329 307.789 2.527
202312 2.007 306.746 2.185
202403 2.260 312.332 2.416
202406 2.561 314.175 2.722
202409 2.249 315.301 2.382
202412 2.809 315.605 2.972
202503 2.078 319.799 2.170
202506 2.032 322.561 2.104
202509 1.839 324.800 1.891
202512 2.297 324.054 2.367
202603 2.332 330.213 2.358
202606 2.414 333.952 2.414

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 inTest (STU:IN9) Overvalued in 2026?

Based on GuruFocus' analysis, inTest stock appears to be overvalued. The current stock price of €9.30 is trading 7.9% above its estimated GF Value™ of €8.62. GuruFocus considers inTest to be Fairly Valued.

Key valuation signals for STU:IN9:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €8.62 vs. price of €9.30 (7.9% above fair value)
  • GF Score™: 90/100 with 4 warning signs

No single metric tells the full story. See the STU:IN9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


inTest Business Description

Other Exchanges INTT:USA
Address 804 East Gate Drive, Suite 200, Mount Laurel, NJ, USA, 08054
inTest Corp is a supplier of test and process technology solutions for use in manufacturing and testing across a wide range of markets, including Semi, Auto/EV, Defense/Aerospace, Industrial, Life Sciences, Safety/Security, and Other. The Company has three operating segments, which are also its reportable segments and reporting units: Electronic Test, which generates the majority of its revenue and includes semiconductor test equipment, flying probe, and in-circuit testers; Environmental Technologies, which includes thermal test, process, and storage products; and Process Technologies, which includes induction heating and video imaging products. The Company generates the maximum revenue from the U.S.
90GF Score

Get the complete analysis for STU:IN9

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

€9.30
Price
€8.62
GF Value