Stalprodukt (WAR:STP) Cyclically Adjusted PS Ratio: 0.21 (As of Jul. 18, 2026) — 43% Below Median

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WAR:STP Stalprodukt SA WAR:STP
78 GF Score
Price zł213.00
GF Value zł228.25
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Stalprodukt Cyclically Adjusted PS Ratio?

Stalprodukt WAR:STP +1.43% 78 Cyclically Adjusted PS Ratio is 0.21 as of Jul. 18, 2026, which is 43% below its 10-year median of 0.37. GuruFocus rates WAR:STP with a GF Score™ of 78/100 and a GF Value™ of zł228.25 (Fairly Valued). The stock has 3 warning signs investors should review. Among 514 Steel companies, Stalprodukt ranks better than 77.04% on this metric.

As of today (2026-07-18), Stalprodukt's current share price is zł213.00. Stalprodukt's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł992.30. Stalprodukt's Cyclically Adjusted PS Ratio for today is 0.21.

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

WAR:STP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.37   Max: 1.56
Current: 0.21

During the past years, Stalprodukt's highest Cyclically Adjusted PS Ratio was 1.56. The lowest was 0.21. And the median was 0.37.

WAR:STP's Cyclically Adjusted PS Ratio is ranked better than
77.04% of 514 companies
in the Steel industry
Industry Median: 0.46 vs WAR:STP: 0.21

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.

Stalprodukt's adjusted revenue per share data for the three months ended in Mar. 2026 was zł174.627. 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 zł992.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stalprodukt  (WAR:STP) 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.


Stalprodukt Cyclically Adjusted PS Ratio Related Terms


Stalprodukt Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Stalprodukt'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.

Stalprodukt Cyclically Adjusted PS Ratio Chart

Stalprodukt 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 0.41 0.29 0.27 0.24 0.24

Stalprodukt 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 0.27 0.25 0.26 0.24 0.23

WAR:STP vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Stalprodukt'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.


Stalprodukt Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Stalprodukt's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Stalprodukt's Cyclically Adjusted PS Ratio falls into.


WAR:STP
78GF Score
Stalprodukt SA WAR:STP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stalprodukt 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.

Stalprodukt's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=213.00/992.30
=0.21

* 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.

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

For example, Stalprodukt'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)
=174.627/163.0700*163.0700
=174.627

Current CPI (Mar. 2026) = 163.0700.

Stalprodukt Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 145.387 99.552 238.149
201609 141.868 99.064 233.530
201612 153.830 100.366 249.935
201703 153.235 101.018 247.363
201706 150.573 101.180 242.675
201709 162.420 101.343 261.348
201712 161.207 102.564 256.308
201803 166.975 102.564 265.479
201806 186.122 103.378 293.591
201809 182.682 103.378 288.165
201812 173.306 103.785 272.303
201903 171.420 104.274 268.078
201906 177.998 105.983 273.876
201909 172.262 105.983 265.050
201912 162.239 107.123 246.973
202003 159.473 109.076 238.414
202006 135.706 109.402 202.278
202009 144.525 109.320 215.584
202012 155.466 109.565 231.387
202103 181.152 112.658 262.214
202106 202.933 113.960 290.385
202109 217.875 115.588 307.375
202112 235.705 119.088 322.756
202203 264.119 125.031 344.475
202206 282.734 131.705 350.065
202209 259.288 135.531 311.973
202212 262.529 139.113 307.740
202303 234.997 145.950 262.562
202306 223.445 147.009 247.858
202309 197.266 146.113 220.159
202312 185.222 147.741 204.440
202403 166.237 149.044 181.882
202406 180.283 150.997 194.697
202409 177.593 153.439 188.740
202412 190.886 154.660 201.266
202503 202.732 157.021 210.542
202506 186.996 157.509 193.598
202509 174.817 158.000 180.427
202512 169.606 158.320 174.695
202603 174.627 163.070 174.627

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 0.21 mean?
Stalprodukt (WAR:STP) has a Cyclically Adjusted PS Ratio of 0.21 as of Jul. 18, 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 Stalprodukt and its competitors. This is 43% below median its historical median of 0.37. Over the past decade, Stalprodukt's Cyclically Adjusted PS Ratio has ranged from 0.21 to 1.56. According to the industry distribution chart, Stalprodukt ranks #118 out of 514 companies in the Steel industry, placing it in the top 23%.
Is Stalprodukt's Cyclically Adjusted PS Ratio too high?
Stalprodukt's current Cyclically Adjusted PS Ratio of 0.21 is 43% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.56. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. Stalprodukt's value of 0.21 is 54.3% below this industry median. Based on the distribution chart, Stalprodukt ranks #118 out of 514 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Stalprodukt has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stalprodukt's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Stalprodukt ranks #118 out of 514 companies for Cyclically Adjusted PS Ratio. This places Stalprodukt in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.46. Stalprodukt's value of 0.21 is 54.3% below this benchmark. Historically, Stalprodukt's own Cyclically Adjusted PS Ratio has ranged from 0.21 to 1.56 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.46, Stalprodukt 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.46, based on 514 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. Stalprodukt's current Cyclically Adjusted PS Ratio of 0.21 is 54.3% 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 Stalprodukt and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stalprodukt's current Cyclically Adjusted PS Ratio is 0.21, which is 43% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stalprodukt stock overvalued right now?
Based on GuruFocus' analysis, Stalprodukt (WAR:STP) is currently considered Fairly Valued. The stock's GF Value™ is zł228.25, compared to a current price of zł213.00 — trading 6.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.21, which is 43% below median its 10-year median of 0.37 and 54.3% below the Steel industry median of 0.46. Stalprodukt's overall GF Score™ is 78/100 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 Stalprodukt (WAR:STP), the current Cyclically Adjusted PS Ratio is 0.21 as of Jul. 18, 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 Stalprodukt (WAR:STP) Overvalued in 2026?

Based on GuruFocus' analysis, Stalprodukt stock appears to be undervalued. The current stock price of zł213.00 is trading 6.7% below its estimated GF Value™ of zł228.25. GuruFocus considers Stalprodukt to be Fairly Valued.

Key valuation signals for WAR:STP:

  • Cyclically Adjusted PS Ratio: 0.21 (43% below median its 10-year median of 0.37)
  • GF Value™: zł228.25 vs. price of zł213.00 (6.7% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 54.3% below the Steel median (#118 of 514)

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


Stalprodukt Business Description

Address ul. Wygoda 69, Bochnia, POL, 32-700
Stalprodukt SA is a Poland-based company that is primarily engaged in manufacturing and marketing of steel products. The company operates through three segments. Its electrical sheets segment manufactures electrical sheets, strips, and toroidal cores. Its profiles segment produces cold formed profiles, road safety barriers and others. Its zinc segment manufactures zinc and zinc alloys, lead, flotation galena, and others. The company owns a proprietary distribution network of metallurgical products, which consists of wholesale warehouses and offices in several cities in the territory of Poland. The company sells its products both in the home market and abroad.
78GF Score

Get the complete analysis for WAR:STP

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

zł213.00
Price
zł228.25
GF Value