FORTEC Elektronik AG (WBO:FEV) Cyclically Adjusted PS Ratio: (As of Aug. 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.
Reviewed by: Charlie Tian Charlie Tian
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.

WBO:FEV FORTEC Elektronik AG WBO:FEV
69 GF Score
Price €11.55
GF Value €15.82
! 5 Warning Signs
View Full Analysis

What is FORTEC Elektronik AG Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


FORTEC Elektronik AG  (WBO:FEV) 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.


FORTEC Elektronik AG Cyclically Adjusted PS Ratio Related Terms


FORTEC Elektronik AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FORTEC Elektronik AG'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.

FORTEC Elektronik AG Cyclically Adjusted PS Ratio Chart

FORTEC Elektronik AG Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.93 0.99 0.65 0.51

FORTEC Elektronik AG 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 0.50 0.51 0.48 0.35 0.40

WBO:FEV vs SNX, ARW, AVT: Cyclically Adjusted PS Ratio Comparison

For the Electronics & Computer Distribution subindustry, FORTEC Elektronik AG'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.


FORTEC Elektronik AG Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, FORTEC Elektronik AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WBO:FEV
69GF Score
FORTEC Elektronik AG WBO:FEV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FORTEC Elektronik AG 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.

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

For example, FORTEC Elektronik AG'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)
=6.55/131.2583*131.2583
=6.550

Current CPI (Mar. 2026) = 131.2583.

FORTEC Elektronik AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.203 100.717 8.084
201609 6.231 101.017 8.096
201612 6.307 101.217 8.179
201703 7.447 101.417 9.638
201706 6.558 102.117 8.429
201709 6.639 102.717 8.484
201712 5.884 102.617 7.526
201803 7.513 102.917 9.582
201806 4.948 104.017 6.244
201809 6.718 104.718 8.421
201812 6.300 104.217 7.935
201903 7.587 104.217 9.556
201906 6.568 105.718 8.155
201909 6.621 106.018 8.197
201912 6.108 105.818 7.576
202003 7.503 105.718 9.316
202006 6.762 106.618 8.325
202009 6.229 105.818 7.727
202012 5.314 105.518 6.610
202103 6.201 107.518 7.570
202106 6.080 108.486 7.356
202109 6.519 109.435 7.819
202112 6.427 110.384 7.642
202203 7.348 113.968 8.463
202206 7.100 115.760 8.051
202209 7.686 118.818 8.491
202212 7.526 119.345 8.277
202303 8.947 122.402 9.594
202306 8.412 123.140 8.967
202309 8.180 124.195 8.645
202312 6.268 123.773 6.647
202403 7.078 125.038 7.430
202406 7.560 125.882 7.883
202409 5.382 126.198 5.598
202412 5.587 127.041 5.772
202503 6.859 127.779 7.046
202506 6.701 128.412 6.850
202509 5.957 129.255 6.049
202512 5.632 129.361 5.715
202603 6.550 131.258 6.550

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 FORTEC Elektronik AG (WBO:FEV) Overvalued in 2026?

Based on GuruFocus' analysis, FORTEC Elektronik AG stock appears to be undervalued. The current stock price of €11.55 is trading 27% below its estimated GF Value™ of €15.82.

Key valuation signals for WBO:FEV:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €15.82 vs. price of €11.55 (27% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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


FORTEC Elektronik AG Business Description

Other Exchanges 0HQQ:UKFEV:Germany
Address Augsburger Street 2B, Germering, DEU, 82110
FORTEC Elektronik AG is a Germany based company. It is a system supplier for equipment manufacturers of industrial high-tech products. Its product portfolio includes large format displays, displays with LED backlight, touchscreens, single board computer, embedded motherboards, slot CPU cards, and VacuBond. chassis mount, external power supplies, among others. It has two operating segments: Data visualisation and Power Supplies.
69GF Score

Get the complete analysis for WBO:FEV

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

€11.55
Price
€15.82
GF Value