Cognor Holding (STU:WO9) Cyclically Adjusted PS Ratio: 0.33 (As of Aug. 23, 2026) — 18% Above Median

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STU:WO9 Cognor Holding SA STU:WO9
74 GF Score
Price €1.43
GF Value €1.25
! 8 Warning Signs
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What is Cognor Holding Cyclically Adjusted PS Ratio?

Cognor Holding STU:WO9 +3.54% 74 Cyclically Adjusted PS Ratio is 0.33 as of Aug. 23, 2026, which is 18% above its 10-year median of 0.28. GuruFocus rates STU:WO9 with a GF Score™ of 74/100 and a GF Value™ of €1.25. The stock has 8 warning signs investors should review. Among 513 Steel companies, Cognor Holding ranks better than 61.6% on this metric.

As of today (2026-08-23), Cognor Holding's current share price is €1.432. Cognor Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.40. Cognor Holding's Cyclically Adjusted PS Ratio for today is 0.33.

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

STU:WO9' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.28   Max: 0.51
Current: 0.32

During the past years, Cognor Holding's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.04. And the median was 0.28.

STU:WO9's Cyclically Adjusted PS Ratio is ranked better than
61.6% of 513 companies
in the Steel industry
Industry Median: 0.44 vs STU:WO9: 0.32

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.

Cognor Holding's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.557. 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 €4.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cognor Holding  (STU:WO9) 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.


Cognor Holding Cyclically Adjusted PS Ratio Related Terms


Cognor Holding Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cognor Holding'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.

Cognor Holding Cyclically Adjusted PS Ratio Chart

Cognor Holding 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 0.22 0.22 0.42 0.34 0.26

Cognor Holding 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 0.40 0.38 0.34 0.26 0.23

STU:WO9 vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Cognor Holding'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.


Cognor Holding Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Cognor Holding's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:WO9
74GF Score
Cognor Holding SA STU:WO9
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cognor Holding 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.

Cognor Holding's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.432/4.40
=0.33

* 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.

Cognor Holding's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cognor Holding'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)
=0.557/163.0700*163.0700
=0.557

Current CPI (Mar. 2026) = 163.0700.

Cognor Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.253 99.552 2.052
201609 0.674 99.064 1.109
201612 1.078 100.366 1.751
201703 1.000 101.018 1.614
201706 1.270 101.180 2.047
201709 1.137 101.343 1.830
201712 0.676 102.564 1.075
201803 0.853 102.564 1.356
201806 0.871 103.378 1.374
201809 0.848 103.378 1.338
201812 0.756 103.785 1.188
201903 0.808 104.274 1.264
201906 0.834 105.983 1.283
201909 0.612 105.983 0.942
201912 0.626 107.123 0.953
202003 0.636 109.076 0.951
202006 0.878 109.402 1.309
202009 0.515 109.320 0.768
202012 0.613 109.565 0.912
202103 0.793 112.658 1.148
202106 0.962 113.960 1.377
202109 0.972 115.588 1.371
202112 1.148 119.088 1.572
202203 1.330 125.031 1.735
202206 1.426 131.705 1.766
202209 1.036 135.531 1.247
202212 1.276 139.113 1.496
202303 1.181 145.950 1.320
202306 0.917 147.009 1.017
202309 0.618 146.113 0.690
202312 0.706 147.741 0.779
202403 0.850 149.044 0.930
202406 0.688 150.997 0.743
202409 0.617 153.439 0.656
202412 0.691 154.660 0.729
202503 0.673 157.021 0.699
202506 0.878 157.509 0.909
202509 0.614 158.000 0.634
202512 0.552 158.320 0.569
202603 0.557 163.070 0.557

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 0.33 mean?
Cognor Holding (STU:WO9) has a Cyclically Adjusted PS Ratio of 0.33 as of Aug. 23, 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 Cognor Holding and its competitors. This is 18% above median its historical median of 0.28. Over the past decade, Cognor Holding's Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.51. According to the industry distribution chart, Cognor Holding ranks #197 out of 513 companies in the Steel industry, placing it in the top 38.4%.
Is Cognor Holding's Cyclically Adjusted PS Ratio too high?
Cognor Holding's current Cyclically Adjusted PS Ratio of 0.33 is 18% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.51. The Steel industry median Cyclically Adjusted PS Ratio is 0.44. Cognor Holding's value of 0.33 is 25% below this industry median. Based on the distribution chart, Cognor Holding ranks #197 out of 513 companies in the Steel industry, which is above the industry midpoint. Overall, Cognor Holding has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Cognor Holding's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Cognor Holding ranks #197 out of 513 companies for Cyclically Adjusted PS Ratio. This puts Cognor Holding in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.44. Cognor Holding's value of 0.33 is 25% below this benchmark. Historically, Cognor Holding's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.51 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.44, Cognor Holding 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 a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.44, based on 513 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. Cognor Holding's current Cyclically Adjusted PS Ratio of 0.33 is 25% 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 Cognor Holding and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cognor Holding's current Cyclically Adjusted PS Ratio is 0.33, which is 18% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognor Holding stock overvalued right now?
Cognor Holding (STU:WO9) has a current Cyclically Adjusted PS Ratio of 0.33. The stock's GF Value™ is €1.25, compared to a current price of €1.43 — trading 14.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.33, which is 18% above median its 10-year median of 0.28 and 25% below the Steel industry median of 0.44. Cognor Holding's overall GF Score™ is 74/100 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 Cognor Holding (STU:WO9), the current Cyclically Adjusted PS Ratio is 0.33 as of Aug. 23, 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 Cognor Holding (STU:WO9) Overvalued in 2026?

Based on GuruFocus' analysis, Cognor Holding stock appears to be overvalued. The current stock price of €1.43 is trading 14.6% above its estimated GF Value™ of €1.25.

Key valuation signals for STU:WO9:

  • Cyclically Adjusted PS Ratio: 0.33 (18% above median its 10-year median of 0.28)
  • GF Value™: €1.25 vs. price of €1.43 (14.6% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 25% below the Steel median (#197 of 513)

No single metric tells the full story. See the STU:WO9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cognor Holding Business Description

Other Exchanges COG:Poland
Address ul. Zielona 26, Poraj, POL, 42-360
Cognor Holding SA operates in the steel industry. Along with its subsidiaries, the company is engaged in the business of scrap collection, scrap processing into steel billets, and steel products. Its product portfolio comprises metal bars, steel scrap, steel slabs, flat plates, round bars, and steel alloys, among others. The group operates in the following business segments: Zlomrex Metal (ZLMET), HSJ, Ferrostal (FER), OMS, JAP, and Others. The majority of its revenue is generated from the Ferrostal (FER) segment, which is involved in the production and sale of semi-finished steel products (raw steel) and final steel products to external customers. Geographically, the group generates maximum revenue from Poland, followed by Germany, Czechia, and other countries.
74GF Score

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

€1.43
Price
€1.25
GF Value