Royal Unibrew AS (WBO:RBRE) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

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Director of Data and Quant Analytics at GuruFocus
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WBO:RBRE Royal Unibrew AS WBO:RBRE
66 GF Score
Price €64.45
GF Value €78.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Royal Unibrew 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


Royal Unibrew AS  (WBO:RBRE) 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.


Royal Unibrew AS Cyclically Adjusted PS Ratio Related Terms


Royal Unibrew AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Royal Unibrew 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.

Royal Unibrew AS Cyclically Adjusted PS Ratio Chart

Royal Unibrew 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 4.70 2.66 2.21 2.25 2.66

Royal Unibrew 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 2.39 2.33 2.29 2.66 2.38

WBO:RBRE vs STZ, TAP: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Brewers subindustry, Royal Unibrew 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.


Royal Unibrew AS Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Royal Unibrew AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WBO:RBRE
66GF Score
Royal Unibrew AS WBO:RBRE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal Unibrew 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.

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

For example, Royal Unibrew 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)
=9.067/330.2130*330.2130
=9.067

Current CPI (Mar. 2026) = 330.2130.

Royal Unibrew AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.582 241.018 6.278
201609 3.486 241.428 4.768
201612 3.646 241.432 4.987
201703 3.464 243.801 4.692
201706 4.746 244.955 6.398
201709 4.318 246.819 5.777
201712 3.956 246.524 5.299
201803 3.838 249.554 5.078
201806 5.479 251.989 7.180
201809 5.550 252.439 7.260
201812 4.438 251.233 5.833
201903 4.114 254.202 5.344
201906 6.108 256.143 7.874
201909 5.859 256.759 7.535
201912 4.693 256.974 6.031
202003 4.063 258.115 5.198
202006 5.384 257.797 6.896
202009 6.021 260.280 7.639
202012 4.577 260.474 5.802
202103 4.485 264.877 5.591
202106 6.378 271.696 7.752
202109 6.768 274.310 8.147
202112 6.755 278.802 8.001
202203 6.088 287.504 6.992
202206 8.718 296.311 9.715
202209 8.950 296.808 9.957
202212 7.633 296.797 8.492
202303 6.997 301.836 7.655
202306 9.707 305.109 10.506
202309 8.996 307.789 9.651
202312 9.265 306.746 9.974
202403 8.581 312.332 9.072
202406 11.250 314.175 11.824
202409 10.871 315.301 11.385
202412 9.708 315.605 10.157
202503 8.461 319.799 8.737
202506 11.898 322.561 12.180
202509 11.567 324.800 11.760
202512 10.248 324.054 10.443
202603 9.067 330.213 9.067

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 Royal Unibrew AS (WBO:RBRE) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Unibrew AS stock appears to be undervalued. The current stock price of €64.45 is trading 17.7% below its estimated GF Value™ of €78.27. GuruFocus considers Royal Unibrew AS to be Modestly Undervalued.

Key valuation signals for WBO:RBRE:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €78.27 vs. price of €64.45 (17.7% below fair value)
  • GF Score™: 66/100 with 5 warning signs

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


Royal Unibrew AS Business Description

Address Faxe Alle 1, Faxe, DNK, DK-4640
Royal Unibrew AS manufactures and sells beverages, including beer, malt beverages, cider, soft drinks, juice, and water. The company produces and distributes its own brands and partner brands, with its largest licensing agreements with PepsiCo and Heineken. Royal Unibrew was founded in 1989 and listed on the Copenhagen stock exchange in 1998.In 2024, Royal Unibrew took over PepsiCo's beverage business in Luxembourg and Belgium. In 2025, Royal Unibrew finalized its acquisition of Pernod Ricard's portfolio of Nordic brands, including spirits, liqueurs, and wines.
66GF Score

Get the complete analysis for WBO:RBRE

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

€64.45
Price
€78.27
GF Value