Warsaw Stock Exchange (STU:WSX) Cyclically Adjusted PS Ratio: 6.10 (As of Jul. 16, 2026) — 96% Above Median

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STU:WSX Warsaw Stock Exchange STU:WSX
82 GF Score
Price €24.34
GF Value €13.13
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Warsaw Stock Exchange Cyclically Adjusted PS Ratio?

Warsaw Stock Exchange STU:WSX +1.67% 82 Cyclically Adjusted PS Ratio is 6.10 as of Jul. 16, 2026, which is 96% above its 10-year median of 3.11. GuruFocus rates STU:WSX with a GF Score™ of 82/100 and a GF Value™ of €13.13 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 603 Capital Markets companies, Warsaw Stock Exchange ranks worse than 65.51% on this metric.

As of today (2026-07-16), Warsaw Stock Exchange's current share price is €24.34. Warsaw Stock Exchange's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €3.99. Warsaw Stock Exchange's Cyclically Adjusted PS Ratio for today is 6.10.

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

STU:WSX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.95   Med: 3.11   Max: 5.78
Current: 5.78

During the past years, Warsaw Stock Exchange's highest Cyclically Adjusted PS Ratio was 5.78. The lowest was 1.95. And the median was 3.11.

STU:WSX's Cyclically Adjusted PS Ratio is ranked worse than
65.51% of 603 companies
in the Capital Markets industry
Industry Median: 3.25 vs STU:WSX: 5.78

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.

Warsaw Stock Exchange's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.926. 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 €3.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Warsaw Stock Exchange  (STU:WSX) 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.


Warsaw Stock Exchange Cyclically Adjusted PS Ratio Related Terms


Warsaw Stock Exchange Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Warsaw Stock Exchange'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.

Warsaw Stock Exchange Cyclically Adjusted PS Ratio Chart

Warsaw Stock Exchange 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 3.01 2.13 2.47 2.33 3.78

Warsaw Stock Exchange 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 2.60 2.96 3.32 3.78 4.06

STU:WSX vs SPGI, CME, MCO: Cyclically Adjusted PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Warsaw Stock Exchange'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.


Warsaw Stock Exchange Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Warsaw Stock Exchange's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:WSX
82GF Score
Warsaw Stock Exchange STU:WSX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Warsaw Stock Exchange 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.

Warsaw Stock Exchange's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.34/3.99
=6.10

* 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.

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

For example, Warsaw Stock Exchange'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)
=0.926/163.0700*163.0700
=0.926

Current CPI (Mar. 2026) = 163.0700.

Warsaw Stock Exchange Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.630 99.552 1.032
201609 0.623 99.064 1.026
201612 0.691 100.366 1.123
201703 0.770 101.018 1.243
201706 0.741 101.180 1.194
201709 0.686 101.343 1.104
201712 0.780 102.564 1.240
201803 0.727 102.564 1.156
201806 0.733 103.378 1.156
201809 0.725 103.378 1.144
201812 0.748 103.785 1.175
201903 0.712 104.274 1.113
201906 0.754 105.983 1.160
201909 0.698 105.983 1.074
201912 0.679 107.123 1.034
202003 0.822 109.076 1.229
202006 0.857 109.402 1.277
202009 0.753 109.320 1.123
202012 0.984 109.565 1.465
202103 0.943 112.658 1.365
202106 0.830 113.960 1.188
202109 0.766 115.588 1.081
202112 0.909 119.088 1.245
202203 0.932 125.031 1.216
202206 0.838 131.705 1.038
202209 0.748 135.531 0.900
202212 0.774 139.113 0.907
202303 0.612 145.950 0.684
202306 0.606 147.009 0.672
202309 0.584 146.113 0.652
202312 0.636 147.741 0.702
202403 0.647 149.044 0.708
202406 0.663 150.997 0.716
202409 0.611 153.439 0.649
202412 0.627 154.660 0.661
202503 0.723 157.021 0.751
202506 0.787 157.509 0.815
202509 0.739 158.000 0.763
202512 0.769 158.320 0.792
202603 0.926 163.070 0.926

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 6.10 mean?
Warsaw Stock Exchange (STU:WSX) has a Cyclically Adjusted PS Ratio of 6.10 as of Jul. 16, 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 Warsaw Stock Exchange and its competitors. This is 96% above median its historical median of 3.11. Over the past decade, Warsaw Stock Exchange's Cyclically Adjusted PS Ratio has ranged from 1.95 to 5.78. According to the industry distribution chart, Warsaw Stock Exchange ranks #395 out of 603 companies in the Capital Markets industry, placing it in the top 65.5%.
Is Warsaw Stock Exchange's Cyclically Adjusted PS Ratio too high?
Warsaw Stock Exchange's current Cyclically Adjusted PS Ratio of 6.10 is 96% above median its 10-year median of 3.11. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 5.78. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.25. Warsaw Stock Exchange's value of 6.10 is 87.7% above this industry median. Based on the distribution chart, Warsaw Stock Exchange ranks #395 out of 603 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Warsaw Stock Exchange has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Warsaw Stock Exchange's Cyclically Adjusted PS Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Warsaw Stock Exchange ranks #395 out of 603 companies for Cyclically Adjusted PS Ratio. This places Warsaw Stock Exchange in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.25. Warsaw Stock Exchange's value of 6.10 is 87.7% above this benchmark. Historically, Warsaw Stock Exchange's own Cyclically Adjusted PS Ratio has ranged from 1.95 to 5.78 over the past decade. While the company's 10-year median is 3.11 vs. the industry median of 3.25, Warsaw Stock Exchange has consistently been above 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.25, based on 603 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. Warsaw Stock Exchange's current Cyclically Adjusted PS Ratio of 6.10 is 87.7% above 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 Warsaw Stock Exchange and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warsaw Stock Exchange's current Cyclically Adjusted PS Ratio is 6.10, which is 96% above median its own 10-year median of 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warsaw Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Warsaw Stock Exchange (STU:WSX) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.13, compared to a current price of €24.34 — trading 85.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.10, which is 96% above median its 10-year median of 3.11 and 87.7% above the Capital Markets industry median of 3.25. Warsaw Stock Exchange's overall GF Score™ is 82/100 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 Warsaw Stock Exchange (STU:WSX), the current Cyclically Adjusted PS Ratio is 6.10 as of Jul. 16, 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 Warsaw Stock Exchange (STU:WSX) Overvalued in 2026?

Based on GuruFocus' analysis, Warsaw Stock Exchange stock appears to be overvalued. The current stock price of €24.34 is trading 85.4% above its estimated GF Value™ of €13.13. GuruFocus considers Warsaw Stock Exchange to be Significantly Overvalued.

Key valuation signals for STU:WSX:

  • Cyclically Adjusted PS Ratio: 6.10 (96% above median its 10-year median of 3.11)
  • GF Value™: €13.13 vs. price of €24.34 (85.4% above fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 87.7% above the Capital Markets median (#395 of 603)

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


Warsaw Stock Exchange Business Description

Other Exchanges GPW:Poland
Address ul. Ksiazeca 4, Warsaw, POL, 00-498
Warsaw Stock Exchange is a securities exchange based in Poland whose core activities include organizing exchange trading in financial instruments and activities related to such trading. The group also pursues activities in education, promotion, and information concerning the capital market. The company has traditionally generated listed interest from both local and regional European companies but primarily from small and medium-sized Polish companies. In addition to stock and bond offerings, the exchange also offers trading in debt instruments, derivatives, commodities, and structured products. Sales revenue is classified according to three main business segments: financial market, commodity market, and other.
82GF Score

Get the complete analysis for STU:WSX

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

€24.34
Price
€13.13
GF Value