Partner Aerospace & Defense Group (WAR:PRN) Cyclically Adjusted PS Ratio: (As of Sep. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

WAR:PRN Partner Aerospace & Defense Group SA WAR:PRN
68 GF Score
Price zł28.20
GF Value zł10.79
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Partner Aerospace & Defense Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Partner Aerospace & Defense Group  (WAR:PRN) 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.


Partner Aerospace & Defense Group Cyclically Adjusted PS Ratio Related Terms


Partner Aerospace & Defense Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Partner Aerospace & Defense Group'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.

Partner Aerospace & Defense Group Cyclically Adjusted PS Ratio Chart

Partner Aerospace & Defense Group 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 2.10 14.29 26.07 56.39 40.53

Partner Aerospace & Defense Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 58.23 48.07 40.53 107.42 0.00

WAR:PRN vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Partner Aerospace & Defense Group'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.


Partner Aerospace & Defense Group Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Partner Aerospace & Defense Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Partner Aerospace & Defense Group's Cyclically Adjusted PS Ratio falls into.


WAR:PRN
68GF Score
Partner Aerospace & Defense Group SA WAR:PRN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Partner Aerospace & Defense Group 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.

Partner Aerospace & Defense Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Partner Aerospace & Defense Group's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/162.2800*162.2800
=0.000

Current CPI (Jun. 2026) = 162.2800.

Partner Aerospace & Defense Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.000 99.064 0.000
201612 0.007 100.366 0.011
201703 0.083 101.018 0.133
201706 0.025 101.180 0.040
201709 0.025 101.343 0.040
201712 0.027 102.564 0.043
201803 0.023 102.564 0.036
201806 0.030 103.378 0.047
201809 0.040 103.378 0.063
201812 0.000 103.785 0.000
201903 0.035 104.274 0.054
201906 0.038 105.983 0.058
201909 0.047 105.983 0.072
201912 0.047 107.123 0.071
202003 0.037 109.076 0.055
202006 0.067 109.402 0.099
202009 0.037 109.320 0.055
202012 0.037 109.565 0.055
202103 0.037 112.658 0.053
202106 0.037 113.960 0.053
202109 0.037 115.588 0.052
202112 0.037 119.088 0.050
202203 0.075 125.031 0.097
202206 0.075 131.705 0.092
202209 0.075 135.531 0.090
202212 0.075 139.113 0.087
202303 0.075 145.950 0.083
202306 0.075 147.009 0.083
202309 0.075 146.113 0.083
202312 0.075 147.741 0.082
202403 0.075 149.044 0.082
202406 0.075 150.997 0.081
202409 0.075 153.439 0.079
202412 0.075 154.660 0.079
202503 0.075 157.021 0.078
202506 0.075 157.509 0.077
202509 0.075 158.000 0.077
202512 0.108 158.320 0.111
202603 0.050 163.070 0.050
202606 0.000 162.280 0.000

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.

Is Partner Aerospace & Defense Group (WAR:PRN) Overvalued in 2026?

Based on GuruFocus' analysis, Partner Aerospace & Defense Group stock appears to be overvalued. The current stock price of zł28.20 is trading 161.4% above its estimated GF Value™ of zł10.79. GuruFocus considers Partner Aerospace & Defense Group to be Significantly Overvalued.

Key valuation signals for WAR:PRN:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: zł10.79 vs. price of zł28.20 (161.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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


Partner Aerospace & Defense Group Business Description

Address ul. Hoza 51, Warszawa, POL, 00-681
Partner Aerospace & Defense Group SA, formerly Partner-Nieruchomosci SA is a real estate company. Its core activities are related to real estate - rent, lease, management, sales, and real estate, mainly in the secondary market.
68GF Score

Get the complete analysis for WAR:PRN

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

zł28.20
Price
zł10.79
GF Value