Tomra Systems ASATMRAY +0.29%86 Cyclically Adjusted PS Ratio is 2.18 as of Jul. 05, 2026, which is 62% below its 10-year median of 5.78. GuruFocus rates TMRAY with a GF Score™ of 86/100 and a GF Value™ of $15.35 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 159 Waste Management companies, Tomra Systems ASA ranks worse than 62.26% on this metric.
The historical rank and industry rank for Tomra Systems ASA's Cyclically Adjusted PS Ratio or its related term are showing as below:
TMRAY'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07 Med: 5.78 Max: 12.41
Current: 2.25
During the past years, Tomra Systems ASA's highest Cyclically Adjusted PS Ratio was 12.41. The lowest was 2.07. And the median was 5.78.
TMRAY's Cyclically Adjusted PS Ratio is ranked worse than 62.26% of 159
companies
in the Waste Management industry
Industry Median: 1.39
vs TMRAY: 2.25
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.
Tomra Systems ASA's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.287. 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 $4.57 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Tomra Systems ASA (OTCPK:TMRAY) 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.
Tomra Systems ASA Cyclically Adjusted PS Ratio Related Terms
Tomra Systems ASA Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Tomra Systems ASA'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.
Tomra Systems ASA Cyclically Adjusted PS Ratio Chart
TMRAY vs WM, RSG, WCN: Cyclically Adjusted PS Ratio Comparison
For the Waste Management subindustry, Tomra Systems ASA'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.
Tomra Systems ASA Cyclically Adjusted PS Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tomra Systems ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Tomra Systems ASA's Cyclically Adjusted PS Ratio falls into.
Tomra Systems ASA 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.
Tomra Systems ASA's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 2.18 mean?
Tomra Systems ASA (TMRAY) has a Cyclically Adjusted PS Ratio of 2.18 as of Jul. 05, 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 Tomra Systems ASA and its competitors. This is 62% below median its historical median of 5.78. Over the past decade, Tomra Systems ASA's Cyclically Adjusted PS Ratio has ranged from 2.07 to 12.41. According to the industry distribution chart, Tomra Systems ASA ranks #99 out of 159 companies in the Waste Management industry, placing it in the top 62.3%.
Is Tomra Systems ASA's Cyclically Adjusted PS Ratio too high?
Tomra Systems ASA's current Cyclically Adjusted PS Ratio of 2.18 is 62% below median its 10-year median of 5.78. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 12.41. The Waste Management industry median Cyclically Adjusted PS Ratio is 1.39. Tomra Systems ASA's value of 2.18 is 56.8% above this industry median. Based on the distribution chart, Tomra Systems ASA ranks #99 out of 159 companies in the Waste Management industry, which is below the industry midpoint. Overall, Tomra Systems ASA has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomra Systems ASA's Cyclically Adjusted PS Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Tomra Systems ASA ranks #99 out of 159 companies for Cyclically Adjusted PS Ratio. This places Tomra Systems ASA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Tomra Systems ASA's value of 2.18 is 56.8% above this benchmark. Historically, Tomra Systems ASA's own Cyclically Adjusted PS Ratio has ranged from 2.07 to 12.41 over the past decade. While the company's 10-year median is 5.78 vs. the industry median of 1.39, Tomra Systems ASA 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 Waste Management company?
The median Cyclically Adjusted PS Ratio among Waste Management companies is 1.39, based on 159 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. Tomra Systems ASA's current Cyclically Adjusted PS Ratio of 2.18 is 56.8% 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 Tomra Systems ASA and its competitors. For the Waste Management industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomra Systems ASA's current Cyclically Adjusted PS Ratio is 2.18, which is 62% below median its own 10-year median of 5.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomra Systems ASA stock overvalued right now?
Based on GuruFocus' analysis, Tomra Systems ASA (TMRAY) is currently considered Significantly Undervalued. The stock's GF Value™ is $15.35, compared to a current price of $9.98 — trading 35% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.18, which is 62% below median its 10-year median of 5.78 and 56.8% above the Waste Management industry median of 1.39. Tomra Systems ASA's overall GF Score™ is 86/100 with 4 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 Tomra Systems ASA (TMRAY), the current Cyclically Adjusted PS Ratio is 2.18 as of Jul. 05, 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 Tomra Systems ASA (TMRAY) Overvalued in 2026?
Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued.
The current stock price of $9.98 is trading 35% below its estimated GF Value™ of $15.35.
GuruFocus considers Tomra Systems ASA to be Significantly Undervalued.
Key valuation signals for TMRAY:
Cyclically Adjusted PS Ratio: 2.18 (62% below median its 10-year median of 5.78)
GF Value™: $15.35 vs. price of $9.98 (35% below fair value)
Industry Position: 56.8% above the Waste Management median (#99 of 159)
No single metric tells the full story. See the TMRAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.
86GF Score
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