Ultralife (STU:ULB) Cyclically Adjusted PS Ratio: 0.81 (As of Aug. 15, 2026) — 17% Below Median

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STU:ULB Ultralife Corp STU:ULB
72 GF Score
Price €6.45
GF Value €7.62
! 8 Warning Signs
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What is Ultralife Cyclically Adjusted PS Ratio?

Ultralife STU:ULB +1.57% 72 Cyclically Adjusted PS Ratio is 0.81 as of Aug. 15, 2026, which is 17% below its 10-year median of 0.98. GuruFocus rates STU:ULB with a GF Score™ of 72/100 and a GF Value™ of €7.62. The stock has 8 warning signs investors should review. Among 2,290 Industrial Products companies, Ultralife ranks better than 71.14% on this metric.

As of today (2026-08-15), Ultralife's current share price is €6.45. Ultralife's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €7.97. Ultralife's Cyclically Adjusted PS Ratio for today is 0.81.

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

STU:ULB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.98   Max: 1.71
Current: 0.82

During the past years, Ultralife's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.47. And the median was 0.98.

STU:ULB's Cyclically Adjusted PS Ratio is ranked better than
71.14% of 2290 companies
in the Industrial Products industry
Industry Median: 1.81 vs STU:ULB: 0.82

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.

Ultralife's adjusted revenue per share data for the three months ended in Jun. 2026 was €2.490. 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 €7.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultralife  (STU:ULB) 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.


Ultralife Cyclically Adjusted PS Ratio Related Terms


Ultralife Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ultralife'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.

Ultralife Cyclically Adjusted PS Ratio Chart

Ultralife 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 0.99 0.59 0.95 0.94 0.66

Ultralife 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 1.08 0.80 0.66 0.73 0.70

STU:ULB vs NMAD, TGEN, APWC: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Ultralife'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.


Ultralife Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


STU:ULB
72GF Score
Ultralife Corp STU:ULB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ultralife 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.

Ultralife's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.45/7.97
=0.81

* 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.

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

For example, Ultralife'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)
=2.49/333.9520*333.9520
=2.490

Current CPI (Jun. 2026) = 333.9520.

Ultralife Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.143 241.428 1.581
201612 1.341 241.432 1.855
201703 1.316 243.801 1.803
201706 1.120 244.955 1.527
201709 1.106 246.819 1.496
201712 1.190 246.524 1.612
201803 1.155 249.554 1.546
201806 1.185 251.989 1.570
201809 1.054 252.439 1.394
201812 1.138 251.233 1.513
201903 1.030 254.202 1.353
201906 1.607 256.143 2.095
201909 1.545 256.759 2.009
201912 1.713 256.974 2.226
202003 1.452 258.115 1.879
202006 1.572 257.797 2.036
202009 1.286 260.280 1.650
202012 1.482 260.474 1.900
202103 1.351 264.877 1.703
202106 1.366 271.696 1.679
202109 1.151 274.310 1.401
202112 1.307 278.802 1.566
202203 1.713 287.504 1.990
202206 1.882 296.311 2.121
202209 2.081 296.808 2.341
202212 2.113 296.797 2.378
202303 1.848 301.836 2.045
202306 2.441 305.109 2.672
202309 2.270 307.789 2.463
202312 2.494 306.746 2.715
202403 2.335 312.332 2.497
202406 2.373 314.175 2.522
202409 1.906 315.301 2.019
202412 2.487 315.605 2.632
202503 2.814 319.799 2.939
202506 2.528 322.561 2.617
202509 2.220 324.800 2.283
202512 2.486 324.054 2.562
202603 2.464 330.213 2.492
202606 2.490 333.952 2.490

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 0.81 mean?
Ultralife (STU:ULB) has a Cyclically Adjusted PS Ratio of 0.81 as of Aug. 15, 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 Ultralife and its competitors. This is 17% below median its historical median of 0.98. Over the past decade, Ultralife's Cyclically Adjusted PS Ratio has ranged from 0.47 to 1.71. According to the industry distribution chart, Ultralife ranks #661 out of 2290 companies in the Industrial Products industry, placing it in the top 28.9%.
Is Ultralife's Cyclically Adjusted PS Ratio too high?
Ultralife's current Cyclically Adjusted PS Ratio of 0.81 is 17% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.71. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Ultralife's value of 0.81 is 55.2% below this industry median. Based on the distribution chart, Ultralife ranks #661 out of 2290 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ultralife has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Ultralife's Cyclically Adjusted PS Ratio compare to NMAD and TGEN?
According to the Industrial Products industry distribution chart, Ultralife ranks #661 out of 2290 companies for Cyclically Adjusted PS Ratio. This puts Ultralife in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Ultralife's value of 0.81 is 55.2% below this benchmark. Historically, Ultralife's own Cyclically Adjusted PS Ratio has ranged from 0.47 to 1.71 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.81, Ultralife 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 Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,290 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. Ultralife's current Cyclically Adjusted PS Ratio of 0.81 is 55.2% 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 Ultralife and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultralife's current Cyclically Adjusted PS Ratio is 0.81, which is 17% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultralife stock overvalued right now?
Ultralife (STU:ULB) has a current Cyclically Adjusted PS Ratio of 0.81. The stock's GF Value™ is €7.62, compared to a current price of €6.45 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.81, which is 17% below median its 10-year median of 0.98 and 55.2% below the Industrial Products industry median of 1.81. Ultralife's overall GF Score™ is 72/100 with 8 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 Ultralife (STU:ULB), the current Cyclically Adjusted PS Ratio is 0.81 as of Aug. 15, 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 Ultralife (STU:ULB) Overvalued in 2026?

Based on GuruFocus' analysis, Ultralife stock appears to be undervalued. The current stock price of €6.45 is trading 15.4% below its estimated GF Value™ of €7.62.

Key valuation signals for STU:ULB:

  • Cyclically Adjusted PS Ratio: 0.81 (17% below median its 10-year median of 0.98)
  • GF Value™: €7.62 vs. price of €6.45 (15.4% below fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 55.2% below the Industrial Products median (#661 of 2290)

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


Ultralife Business Description

Other Exchanges ULBI:USA
Address 2000 Technology Parkway, Newark, NY, USA, 14513
Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company also designs, manufactures, installs, and maintains power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from the Battery and Energy Products segment, and from the U.S. The Battery & Energy Products segment includes Lithium 9-volt, cylindrical, and various other non-rechargeable batteries.
72GF Score

Get the complete analysis for STU:ULB

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

€6.45
Price
€7.62
GF Value