Euro-Tax pl (WAR:ETX) Cyclically Adjusted PS Ratio: 0.47 (As of Aug. 10, 2026) — 47% Below Median

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WAR:ETX Euro-Tax pl SA WAR:ETX
87 GF Score
Price zł2.92
GF Value zł4.10
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Euro-Tax pl Cyclically Adjusted PS Ratio?

Euro-Tax pl WAR:ETX +0.69% 87 Cyclically Adjusted PS Ratio is 0.47 as of Aug. 10, 2026, which is 47% below its 10-year median of 0.89. GuruFocus rates WAR:ETX with a GF Score™ of 87/100 and a GF Value™ of zł4.10 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 65 Personal Services companies, Euro-Tax pl ranks better than 63.08% on this metric.

As of today (2026-08-10), Euro-Tax pl's current share price is zł2.92. Euro-Tax pl's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł6.19. Euro-Tax pl's Cyclically Adjusted PS Ratio for today is 0.47.

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

WAR:ETX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.89   Max: 1.78
Current: 0.47

During the past years, Euro-Tax pl's highest Cyclically Adjusted PS Ratio was 1.78. The lowest was 0.29. And the median was 0.89.

WAR:ETX's Cyclically Adjusted PS Ratio is ranked better than
63.08% of 65 companies
in the Personal Services industry
Industry Median: 0.78 vs WAR:ETX: 0.47

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.

Euro-Tax pl's adjusted revenue per share data for the three months ended in Mar. 2026 was zł1.601. 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 zł6.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euro-Tax pl  (WAR:ETX) 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.


Euro-Tax pl Cyclically Adjusted PS Ratio Related Terms


Euro-Tax pl Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Euro-Tax pl'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.

Euro-Tax pl Cyclically Adjusted PS Ratio Chart

Euro-Tax pl 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 0.89 0.67 1.06 0.64 0.34

Euro-Tax pl 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 0.61 0.40 0.34 0.34 0.36

WAR:ETX vs ROL, SCI, HRB: Cyclically Adjusted PS Ratio Comparison

For the Personal Services subindustry, Euro-Tax pl'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.


Euro-Tax pl Cyclically Adjusted PS Ratio vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Euro-Tax pl's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Euro-Tax pl's Cyclically Adjusted PS Ratio falls into.


WAR:ETX
87GF Score
Euro-Tax pl SA WAR:ETX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Euro-Tax pl 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.

Euro-Tax pl's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.92/6.19
=0.47

* 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.

Euro-Tax pl's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Euro-Tax pl'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)
=1.601/163.0700*163.0700
=1.601

Current CPI (Mar. 2026) = 163.0700.

Euro-Tax pl Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.691 99.552 1.132
201609 0.854 99.064 1.406
201612 0.883 100.366 1.435
201703 0.640 101.018 1.033
201706 0.555 101.180 0.894
201709 0.760 101.343 1.223
201712 0.846 102.564 1.345
201803 0.619 102.564 0.984
201806 0.678 103.378 1.069
201809 0.993 103.378 1.566
201812 1.053 103.785 1.655
201903 0.829 104.274 1.296
201906 0.719 105.983 1.106
201909 1.151 105.983 1.771
201912 1.146 107.123 1.745
202003 0.602 109.076 0.900
202006 0.886 109.402 1.321
202009 0.997 109.320 1.487
202012 1.323 109.565 1.969
202103 0.781 112.658 1.130
202106 1.068 113.960 1.528
202109 1.253 115.588 1.768
202112 1.525 119.088 2.088
202203 1.029 125.031 1.342
202206 1.099 131.705 1.361
202209 1.607 135.531 1.934
202212 1.866 139.113 2.187
202303 1.277 145.950 1.427
202306 1.298 147.009 1.440
202309 1.997 146.113 2.229
202312 2.082 147.741 2.298
202403 1.479 149.044 1.618
202406 1.627 150.997 1.757
202409 1.757 153.439 1.867
202412 1.887 154.660 1.990
202503 1.374 157.021 1.427
202506 1.410 157.509 1.460
202509 2.023 158.000 2.088
202512 2.012 158.320 2.072
202603 1.601 163.070 1.601

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 0.47 mean?
Euro-Tax pl (WAR:ETX) has a Cyclically Adjusted PS Ratio of 0.47 as of Aug. 10, 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 Euro-Tax pl and its competitors. This is 47% below median its historical median of 0.89. Over the past decade, Euro-Tax pl's Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.78. According to the industry distribution chart, Euro-Tax pl ranks #24 out of 65 companies in the Personal Services industry, placing it in the top 36.9%.
Is Euro-Tax pl's Cyclically Adjusted PS Ratio too high?
Euro-Tax pl's current Cyclically Adjusted PS Ratio of 0.47 is 47% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.78. The Personal Services industry median Cyclically Adjusted PS Ratio is 0.78. Euro-Tax pl's value of 0.47 is 39.7% below this industry median. Based on the distribution chart, Euro-Tax pl ranks #24 out of 65 companies in the Personal Services industry, which is above the industry midpoint. Overall, Euro-Tax pl has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Euro-Tax pl's Cyclically Adjusted PS Ratio compare to ROL and SCI?
According to the Personal Services industry distribution chart, Euro-Tax pl ranks #24 out of 65 companies for Cyclically Adjusted PS Ratio. This puts Euro-Tax pl in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.78. Euro-Tax pl's value of 0.47 is 39.7% below this benchmark. Historically, Euro-Tax pl's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.78 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.78, Euro-Tax pl 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 Personal Services company?
The median Cyclically Adjusted PS Ratio among Personal Services companies is 0.78, based on 65 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. Euro-Tax pl's current Cyclically Adjusted PS Ratio of 0.47 is 39.7% 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 Euro-Tax pl and its competitors. For the Personal Services industry, the median Cyclically Adjusted PS Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euro-Tax pl's current Cyclically Adjusted PS Ratio is 0.47, which is 47% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro-Tax pl stock overvalued right now?
Based on GuruFocus' analysis, Euro-Tax pl (WAR:ETX) is currently considered Modestly Undervalued. The stock's GF Value™ is zł4.10, compared to a current price of zł2.92 — trading 28.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.47, which is 47% below median its 10-year median of 0.89 and 39.7% below the Personal Services industry median of 0.78. Euro-Tax pl's overall GF Score™ is 87/100 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 Euro-Tax pl (WAR:ETX), the current Cyclically Adjusted PS Ratio is 0.47 as of Aug. 10, 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 Euro-Tax pl (WAR:ETX) Overvalued in 2026?

Based on GuruFocus' analysis, Euro-Tax pl stock appears to be undervalued. The current stock price of zł2.92 is trading 28.8% below its estimated GF Value™ of zł4.10. GuruFocus considers Euro-Tax pl to be Modestly Undervalued.

Key valuation signals for WAR:ETX:

  • Cyclically Adjusted PS Ratio: 0.47 (47% below median its 10-year median of 0.89)
  • GF Value™: zł4.10 vs. price of zł2.92 (28.8% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 39.7% below the Personal Services median (#24 of 65)

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


Euro-Tax pl Business Description

Address Ulica Szelagowska 25/2-3, Poznan, POL, 61-626
Euro-Tax pl SA is a financial service provider for the polish emigrants. The company offers tax assessment and repayment services through recruitment and employment agencies. It also invests in the development of IT systems and the improvement of customer service processes.
87GF Score

Get the complete analysis for WAR:ETX

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

zł2.92
Price
zł4.10
GF Value