T Bull (STU:TBU) Cyclically Adjusted PS Ratio: 0.23 (As of Sep. 12, 2026) — 34% Below Median

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STU:TBU T Bull SA STU:TBU
48 GF Score
Price €0.22
GF Value €0.26
! 6 Warning Signs
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What is T Bull Cyclically Adjusted PS Ratio?

T Bull STU:TBU +0.93% 48 Cyclically Adjusted PS Ratio is 0.23 as of Sep. 12, 2026, which is 34% below its 10-year median of 0.35. GuruFocus rates STU:TBU with a GF Score™ of 48/100 and a GF Value™ of €0.26. The stock has 6 warning signs investors should review. Among 339 Interactive Media companies, T Bull ranks better than 89.38% on this metric.

As of today (2026-09-12), T Bull's current share price is €0.216. T Bull's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.95. T Bull's Cyclically Adjusted PS Ratio for today is 0.23.

The historical rank and industry rank for T Bull's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:TBU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.35   Max: 0.54
Current: 0.22

During the past years, T Bull's highest Cyclically Adjusted PS Ratio was 0.54. The lowest was 0.18. And the median was 0.35.

STU:TBU's Cyclically Adjusted PS Ratio is ranked better than
89.38% of 339 companies
in the Interactive Media industry
Industry Median: 1.3 vs STU:TBU: 0.22

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.

T Bull's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.150. 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 €0.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


T Bull  (STU:TBU) 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.


T Bull Cyclically Adjusted PS Ratio Related Terms


T Bull Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for T Bull'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.

T Bull Cyclically Adjusted PS Ratio Chart

T Bull 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 0.00 0.00 0.34

T Bull Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.51 0.34 0.32

STU:TBU vs NTES, TTWO, RBLX: Cyclically Adjusted PS Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, T Bull'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.


T Bull Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, T Bull's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where T Bull's Cyclically Adjusted PS Ratio falls into.


STU:TBU
48GF Score
T Bull SA STU:TBU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T Bull 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.

T Bull's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.216/0.95
=0.23

* 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.

T Bull's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, T Bull's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.15/163.0700*163.0700
=0.150

Current CPI (Mar. 2026) = 163.0700.

T Bull Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.455 99.552 0.745
201609 0.469 99.064 0.772
201612 0.459 100.366 0.746
201703 0.466 101.018 0.752
201706 0.416 101.180 0.670
201709 0.398 101.343 0.640
201712 0.433 102.564 0.688
201803 0.408 102.564 0.649
201806 0.340 103.378 0.536
201809 0.375 103.378 0.592
201812 0.359 103.785 0.564
201903 0.326 104.274 0.510
201906 0.318 105.983 0.489
201909 0.293 105.983 0.451
201912 0.382 107.123 0.582
202003 0.328 109.076 0.490
202006 0.418 109.402 0.623
202009 0.348 109.320 0.519
202012 0.308 109.565 0.458
202103 0.302 112.658 0.437
202106 0.343 113.960 0.491
202109 0.459 115.588 0.648
202112 0.653 119.088 0.894
202203 0.188 125.031 0.245
202206 0.275 131.705 0.340
202209 0.443 135.531 0.533
202212 0.286 139.113 0.335
202303 0.378 145.950 0.422
202306 0.355 147.009 0.394
202309 0.283 146.113 0.316
202312 0.341 147.741 0.376
202403 0.279 149.044 0.305
202406 0.322 150.997 0.348
202409 0.267 153.439 0.284
202412 0.230 154.660 0.243
202503 0.189 157.021 0.196
202506 0.162 157.509 0.168
202509 0.154 158.000 0.159
202512 0.126 158.320 0.130
202603 0.150 163.070 0.150

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 0.23 mean?
T Bull (STU:TBU) has a Cyclically Adjusted PS Ratio of 0.23 as of Sep. 12, 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 T Bull and its competitors. This is 34% below median its historical median of 0.35. Over the past decade, T Bull's Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.54. According to the industry distribution chart, T Bull ranks #36 out of 339 companies in the Interactive Media industry, placing it in the top 10.6%.
Is T Bull's Cyclically Adjusted PS Ratio too high?
T Bull's current Cyclically Adjusted PS Ratio of 0.23 is 34% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.54. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.30. T Bull's value of 0.23 is 82.3% below this industry median. Based on the distribution chart, T Bull ranks #36 out of 339 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, T Bull has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does T Bull's Cyclically Adjusted PS Ratio compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, T Bull ranks #36 out of 339 companies for Cyclically Adjusted PS Ratio. This places T Bull in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.30. T Bull's value of 0.23 is 82.3% below this benchmark. Historically, T Bull's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.54 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.30, T Bull 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 an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.30, based on 339 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. T Bull's current Cyclically Adjusted PS Ratio of 0.23 is 82.3% 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 T Bull and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T Bull's current Cyclically Adjusted PS Ratio is 0.23, which is 34% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T Bull stock overvalued right now?
T Bull (STU:TBU) has a current Cyclically Adjusted PS Ratio of 0.23. The stock's GF Value™ is €0.26, compared to a current price of €0.22 — trading 16.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.23, which is 34% below median its 10-year median of 0.35 and 82.3% below the Interactive Media industry median of 1.30. T Bull's overall GF Score™ is 48/100 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 T Bull (STU:TBU), the current Cyclically Adjusted PS Ratio is 0.23 as of Sep. 12, 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 T Bull (STU:TBU) Overvalued in 2026?

Based on GuruFocus' analysis, T Bull stock appears to be undervalued. The current stock price of €0.22 is trading 16.9% below its estimated GF Value™ of €0.26.

Key valuation signals for STU:TBU:

  • Cyclically Adjusted PS Ratio: 0.23 (34% below median its 10-year median of 0.35)
  • GF Value™: €0.26 vs. price of €0.22 (16.9% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 82.3% below the Interactive Media median (#36 of 339)

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


T Bull Business Description

Other Exchanges TBL:Poland
Address Ulica Szczesliwa 33 / 2.B.09, Wroclaw, POL, 53-445
T Bull SA is a new technology company specializing in the design, production, and distribution of games for mobile devices. The company's portfolio includes a range of titles designed for the popular mobile platforms. The T-Bull development team specializes in creating first-person shooters and racing games.
48GF Score

Get the complete analysis for STU:TBU

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

€0.22
Price
€0.26
GF Value