Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Aztec InternationalWAR:AZC 62 Cyclically Adjusted PS Ratio is 0.13 as of Aug. 05, 2026, which is 58% below its 10-year median of 0.31. GuruFocus rates WAR:AZC with a GF Score™ of 62/100 and a GF Value™ of zł1.74 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,297 Industrial Products companies, Aztec International ranks better than 96.26% on this metric.
The historical rank and industry rank for Aztec International's Cyclically Adjusted PS Ratio or its related term are showing as below:
WAR:AZC'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.31 Max: 0.64
Current: 0.13
During the past years, Aztec International's highest Cyclically Adjusted PS Ratio was 0.64. The lowest was 0.12. And the median was 0.31.
WAR:AZC's Cyclically Adjusted PS Ratio is ranked better than 96.26% of 2297
companies
in the Industrial Products industry
Industry Median: 1.71
vs WAR:AZC: 0.13
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.
Aztec International's adjusted revenue per share data for the three months ended in Sep. 2025 was zł1.547. 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 zł10.69 for the trailing ten years ended in Sep. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Aztec International (WAR:AZC) 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.
Aztec International Cyclically Adjusted PS Ratio Related Terms
Aztec International Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Aztec International'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.
Aztec International Cyclically Adjusted PS Ratio Chart
WAR:AZC vs SNA, RBC, SWK: Cyclically Adjusted PS Ratio Comparison
For the Tools & Accessories subindustry, Aztec International'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.
Aztec International Cyclically Adjusted PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Aztec International's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Aztec International's Cyclically Adjusted PS Ratio falls into.
Aztec International 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.
Aztec International'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 0.13 mean?
Aztec International (WAR:AZC) has a Cyclically Adjusted PS Ratio of 0.13 as of Aug. 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 Aztec International and its competitors. This is 58% below median its historical median of 0.31. Over the past decade, Aztec International's Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.64. According to the industry distribution chart, Aztec International ranks #86 out of 2297 companies in the Industrial Products industry, placing it in the top 3.7%.
Is Aztec International's Cyclically Adjusted PS Ratio too high?
Aztec International's current Cyclically Adjusted PS Ratio of 0.13 is 58% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.64. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.71. Aztec International's value of 0.13 is 92.4% below this industry median. Based on the distribution chart, Aztec International ranks #86 out of 2297 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Aztec International has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aztec International's Cyclically Adjusted PS Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Aztec International ranks #86 out of 2297 companies for Cyclically Adjusted PS Ratio. This places Aztec International in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.71. Aztec International's value of 0.13 is 92.4% below this benchmark. Historically, Aztec International's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 0.64 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 1.71, Aztec International 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 1.71, based on 2,297 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. Aztec International's current Cyclically Adjusted PS Ratio of 0.13 is 92.4% 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 Aztec International and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aztec International's current Cyclically Adjusted PS Ratio is 0.13, which is 58% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aztec International stock overvalued right now?
Based on GuruFocus' analysis, Aztec International (WAR:AZC) is currently considered Modestly Undervalued. The stock's GF Value™ is zł1.74, compared to a current price of zł1.34 — trading 23% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.13, which is 58% below median its 10-year median of 0.31 and 92.4% below the Industrial Products industry median of 1.71. Aztec International's overall GF Score™ is 62/100 with 3 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 Aztec International (WAR:AZC), the current Cyclically Adjusted PS Ratio is 0.13 as of Aug. 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 Aztec International (WAR:AZC) Overvalued in 2026?
Based on GuruFocus' analysis, Aztec International stock appears to be undervalued.
The current stock price of zł1.34 is trading 23% below its estimated GF Value™ of zł1.74.
GuruFocus considers Aztec International to be Modestly Undervalued.
Key valuation signals for WAR:AZC:
Cyclically Adjusted PS Ratio: 0.13 (58% below median its 10-year median of 0.31)
GF Value™: zł1.74 vs. price of zł1.34 (23% below fair value)
Industry Position: 92.4% below the Industrial Products median (#86 of 2297)
No single metric tells the full story. See the WAR:AZC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aztec International SA is a supplier to the European market of wide range powder painted screws. It is a producer of Saddle Washers. The company's product portfolio also includes anchors, rivets and screws. Its screws programme includes carbon steel zinc plated self-drilling and self-tapping screws, stainless steel screws and bimetal self-drilling screws for various applications, a majority of which, are offered with optional powder painting.
62GF Score
Get the complete analysis for WAR:AZC
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:AZC has been successfully added to your 
