FLSmidth AS (WBO:FLSM) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

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WBO:FLSM FLSmidth & Co AS WBO:FLSM
68 GF Score
Price €67.50
GF Value €35.96
! 2 Warning Signs
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What is FLSmidth AS 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


FLSmidth AS  (WBO:FLSM) 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.


FLSmidth AS Cyclically Adjusted PS Ratio Related Terms


FLSmidth AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FLSmidth AS'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.

FLSmidth AS Cyclically Adjusted PS Ratio Chart

FLSmidth AS 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 0.58 0.57 0.67 0.86 1.12

FLSmidth AS 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 0.80 0.95 1.10 1.12 1.22

WBO:FLSM vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, FLSmidth AS'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.


FLSmidth AS Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FLSmidth AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WBO:FLSM
68GF Score
FLSmidth & Co AS WBO:FLSM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FLSmidth AS 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.

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

For example, FLSmidth AS'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)
=8.017/121.6800*121.6800
=8.017

Current CPI (Mar. 2026) = 121.6800.

FLSmidth AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.362 100.600 13.743
201609 13.097 100.200 15.905
201612 15.102 100.300 18.321
201703 11.752 101.200 14.130
201706 12.381 101.200 14.887
201709 11.059 101.800 13.219
201712 13.351 101.300 16.037
201803 11.369 101.700 13.603
201806 12.670 102.300 15.070
201809 11.578 102.400 13.758
201812 14.549 102.100 17.339
201903 11.806 102.900 13.961
201906 14.602 102.900 17.267
201909 12.649 102.900 14.958
201912 16.073 102.900 19.006
202003 12.355 103.300 14.553
202006 11.052 103.200 13.031
202009 10.309 103.500 12.120
202012 10.989 103.400 12.932
202103 9.418 104.300 10.987
202106 12.049 105.000 13.963
202109 12.129 105.800 13.949
202112 11.999 106.600 13.696
202203 11.196 109.900 12.396
202206 11.892 113.600 12.738
202209 13.115 116.400 13.710
202212 15.458 115.900 16.229
202303 14.097 117.300 14.623
202306 14.692 116.400 15.358
202309 13.444 117.400 13.934
202312 14.150 116.700 14.754
202403 11.374 118.400 11.689
202406 9.065 118.500 9.308
202409 9.444 118.900 9.665
202412 7.985 118.900 8.172
202503 8.739 120.200 8.847
202506 7.973 120.700 8.038
202509 8.143 121.600 8.148
202512 9.968 121.200 10.007
202603 8.017 121.680 8.017

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 FLSmidth AS (WBO:FLSM) Overvalued in 2026?

Based on GuruFocus' analysis, FLSmidth AS stock appears to be overvalued. The current stock price of €67.50 is trading 87.7% above its estimated GF Value™ of €35.96.

Key valuation signals for WBO:FLSM:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €35.96 vs. price of €67.50 (87.7% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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


FLSmidth AS Business Description

Address Havneholmen 2, Copenhagen, DNK, 2450
FLSmidth & Co AS is a Denmark-based company thatsupplies technologies and services to the mining industry, including solutions across processing flowsheets. Its offerings are aimed at supporting operational efficiency, risk management, and environmental considerations in the production of metals and minerals. The company's three segments are: Service, Products, and Pumps, Cyclones & Valves (PC&V). The majority of the company's revenue is generated from the Service segment. Geographically, the company operates across North America, South America, Europe, the Middle East & Africa, and Asia & Australia. Among all regions, South America contributes the majority of revenue.
68GF Score

Get the complete analysis for WBO:FLSM

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

€67.50
Price
€35.96
GF Value