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Fon SEWAR:FON -2.33%67 Cyclically Adjusted PS Ratio is 4.54 as of Sep. 07, 2026, which is 4% below its 10-year median of 4.73. GuruFocus rates WAR:FON with a GF Score™ of 67/100 and a GF Value™ of zł2.76 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 416 Credit Services companies, Fon SE ranks worse than 64.66% on this metric.
As of today (2026-09-07), Fon SE's current share price is zł1.68. Fon SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł0.37. Fon SE's Cyclically Adjusted PS Ratio for today is 4.54.
The historical rank and industry rank for Fon SE's Cyclically Adjusted PS Ratio or its related term are showing as below:
WAR:FON'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.19 Med: 4.73 Max: 160
Current: 4.51
During the past years, Fon SE's highest Cyclically Adjusted PS Ratio was 160.00. The lowest was 2.19. And the median was 4.73.
WAR:FON's Cyclically Adjusted PS Ratio is ranked worse than 64.66% of 416
companies
in the Credit Services industry
Industry Median: 3.01
vs WAR:FON: 4.51
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.
Fon SE's adjusted revenue per share data for the three months ended in Mar. 2026 was zł0.069. 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 zł0.37 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Fon SE (WAR:FON) 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.
Fon SE Cyclically Adjusted PS Ratio Related Terms
Fon SE Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Fon SE'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.
WAR:FON vs V, MA, AXP: Cyclically Adjusted PS Ratio Comparison
For the Credit Services subindustry, Fon SE'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.
Fon SE Cyclically Adjusted PS Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Fon SE's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Fon SE's Cyclically Adjusted PS Ratio falls into.
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.
Fon SE'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 4.54 mean?
Fon SE (WAR:FON) has a Cyclically Adjusted PS Ratio of 4.54 as of Sep. 07, 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 Fon SE and its competitors. This is near median its historical median of 4.73. Over the past decade, Fon SE's Cyclically Adjusted PS Ratio has ranged from 2.19 to 160.00. According to the industry distribution chart, Fon SE ranks #269 out of 416 companies in the Credit Services industry, placing it in the top 64.7%.
Is Fon SE's Cyclically Adjusted PS Ratio too high?
Fon SE's current Cyclically Adjusted PS Ratio of 4.54 is near median its 10-year median of 4.73. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 160.00. The Credit Services industry median Cyclically Adjusted PS Ratio is 3.01. Fon SE's value of 4.54 is 50.8% above this industry median. Based on the distribution chart, Fon SE ranks #269 out of 416 companies in the Credit Services industry, which is below the industry midpoint. Overall, Fon SE has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fon SE's Cyclically Adjusted PS Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Fon SE ranks #269 out of 416 companies for Cyclically Adjusted PS Ratio. This places Fon SE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.01. Fon SE's value of 4.54 is 50.8% above this benchmark. Historically, Fon SE's own Cyclically Adjusted PS Ratio has ranged from 2.19 to 160.00 over the past decade. While the company's 10-year median is 4.73 vs. the industry median of 3.01, Fon SE 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 Credit Services company?
The median Cyclically Adjusted PS Ratio among Credit Services companies is 3.01, based on 416 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. Fon SE's current Cyclically Adjusted PS Ratio of 4.54 is 50.8% 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 Fon SE and its competitors. For the Credit Services industry, the median Cyclically Adjusted PS Ratio is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fon SE's current Cyclically Adjusted PS Ratio is 4.54, which is near median its own 10-year median of 4.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fon SE stock overvalued right now?
Based on GuruFocus' analysis, Fon SE (WAR:FON) is currently considered Possible Value Trap. The stock's GF Value™ is zł2.76, compared to a current price of zł1.68 — trading 39.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.54, which is near median its 10-year median of 4.73 and 50.8% above the Credit Services industry median of 3.01. Fon SE's overall GF Score™ is 67/100 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 Fon SE (WAR:FON), the current Cyclically Adjusted PS Ratio is 4.54 as of Sep. 07, 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 Fon SE (WAR:FON) Overvalued in 2026?
Based on GuruFocus' analysis, Fon SE stock appears to be undervalued.
The current stock price of zł1.68 is trading 39.1% below its estimated GF Value™ of zł2.76.
GuruFocus considers Fon SE to be Possible Value Trap.
Key valuation signals for WAR:FON:
Cyclically Adjusted PS Ratio: 4.54 (near median its 10-year median of 4.73)
GF Value™: zł2.76 vs. price of zł1.68 (39.1% below fair value)
Industry Position: 50.8% above the Credit Services median (#269 of 416)
No single metric tells the full story. See the WAR:FON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fon SE is engaged in financial activities and capital investments. The company offers medium-term cash loans to retail clients and small businesses and generates revenue through interest on loans granted. Geographically, it derives a majority of its revenue from its customers in Poland and the rest from Estonia.
67GF Score
Get the complete analysis for WAR:FON
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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