TeamViewer SE (XBUL:TMV) Cyclically Adjusted PS Ratio: (As of Aug. 02, 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.

XBUL:TMV TeamViewer SE XBUL:TMV
69 GF Score
Price €5.52
GF Value €15.77
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is TeamViewer SE 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


TeamViewer SE  (XBUL:TMV) 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.


TeamViewer SE Cyclically Adjusted PS Ratio Related Terms


TeamViewer SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TeamViewer SE'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.

TeamViewer SE Cyclically Adjusted PS Ratio Chart

TeamViewer SE 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 0.00 0.00 0.00 3.89 2.22

TeamViewer SE 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 0.00 0.00 0.00 2.22 0.00

XBUL:TMV vs QH, SHOP, UBER: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, TeamViewer SE'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.


TeamViewer SE Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, TeamViewer SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XBUL:TMV
69GF Score
TeamViewer SE XBUL:TMV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TeamViewer SE 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.

TeamViewer SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, TeamViewer SE's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=4.717/129.3606*129.3606
=4.717

Current CPI (Dec25) = 129.3606.

TeamViewer SE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.458 101.217 0.585
201712 0.692 102.617 0.872
201812 1.291 104.217 1.602
201912 1.951 105.818 2.385
202012 2.277 105.518 2.792
202112 2.498 110.384 2.927
202212 3.058 119.345 3.315
202312 3.623 123.773 3.787
202412 4.143 127.041 4.219
202512 4.717 129.361 4.717

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 TeamViewer SE (XBUL:TMV) Overvalued in 2026?

Based on GuruFocus' analysis, TeamViewer SE stock appears to be undervalued. The current stock price of €5.52 is trading 65% below its estimated GF Value™ of €15.77. GuruFocus considers TeamViewer SE to be Possible Value Trap.

Key valuation signals for XBUL:TMV:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €15.77 vs. price of €5.52 (65% below fair value)
  • GF Score™: 69/100 with 3 warning signs

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


TeamViewer SE Business Description

Address Bahnhofsplatz 2, Goppingen, BW, DEU, 73033
TeamViewer is a German software company specializing in remote connectivity solutions. Its products enable secure remote access, control, management, and support to any device. Common use cases include remote IT support, after-sales service, and vision picking. The company's offerings extend to the Internet of Things and augmented reality. TeamViewer customers are mainly small and medium-size businesses, but it also has a growing number of enterprise customers.
69GF Score

Get the complete analysis for XBUL:TMV

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

€5.52
Price
€15.77
GF Value