Semapa (XLIS:SEM) Cyclically Adjusted PS Ratio: 0.62 (As of Aug. 12, 2026) — 19% Above Median

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XLIS:SEM Semapa SA XLIS:SEM
65 GF Score
Price €20.15
GF Value €10.70
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Semapa Cyclically Adjusted PS Ratio?

Semapa XLIS:SEM 65 Cyclically Adjusted PS Ratio is 0.62 as of Aug. 12, 2026, which is 19% above its 10-year median of 0.52. GuruFocus rates XLIS:SEM with a GF Score™ of 65/100 and a GF Value™ of €10.70 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 251 Forest Products companies, Semapa ranks worse than 58.96% on this metric.

As of today (2026-08-12), Semapa's current share price is €20.15. Semapa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €32.47. Semapa's Cyclically Adjusted PS Ratio for today is 0.62.

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

XLIS:SEM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.52   Max: 1.21
Current: 0.62

During the past years, Semapa's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.29. And the median was 0.52.

XLIS:SEM's Cyclically Adjusted PS Ratio is ranked worse than
58.96% of 251 companies
in the Forest Products industry
Industry Median: 0.49 vs XLIS:SEM: 0.62

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.

Semapa's adjusted revenue per share data for the three months ended in Mar. 2026 was €5.990. 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 €32.47 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Semapa  (XLIS:SEM) 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.


Semapa Cyclically Adjusted PS Ratio Related Terms


Semapa Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Semapa'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.

Semapa Cyclically Adjusted PS Ratio Chart

Semapa 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 0.48 0.43 0.44 0.45 0.65

Semapa 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 0.48 0.51 0.55 0.65 0.68

XLIS:SEM vs SLVM: Cyclically Adjusted PS Ratio Comparison

For the Paper & Paper Products subindustry, Semapa'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.


Semapa Cyclically Adjusted PS Ratio vs Forest Products Industry

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

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


XLIS:SEM
65GF Score
Semapa SA XLIS:SEM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Semapa 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.15/32.47
=0.62

* 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.

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

For example, Semapa'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)
=5.99/125.9400*125.9400
=5.990

Current CPI (Mar. 2026) = 125.9400.

Semapa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.476 101.319 8.050
201609 6.244 101.122 7.776
201612 6.806 100.998 8.487
201703 6.464 101.924 7.987
201706 6.866 102.240 8.458
201709 6.610 102.527 8.119
201712 6.879 102.479 8.454
201803 6.305 102.626 7.737
201806 6.933 103.790 8.413
201809 7.038 103.960 8.526
201812 6.959 103.159 8.496
201903 6.840 103.495 8.323
201906 7.043 104.192 8.513
201909 6.986 103.844 8.472
201912 6.789 103.592 8.254
202003 6.535 103.544 7.949
202006 5.211 104.323 6.291
202009 6.326 103.699 7.683
202012 5.306 103.354 6.465
202103 5.805 104.014 7.029
202106 6.357 104.852 7.636
202109 6.810 105.232 8.150
202112 7.714 106.191 9.149
202203 8.036 109.559 9.237
202206 10.316 114.003 11.396
202209 10.599 114.999 11.607
202212 10.138 116.377 10.971
202303 8.453 117.701 9.045
202306 8.377 117.872 8.950
202309 8.485 119.111 8.971
202312 8.570 118.032 9.144
202403 8.955 120.396 9.367
202406 9.056 121.165 9.413
202409 8.732 121.574 9.046
202412 0.161 121.585 0.167
202503 6.969 122.624 7.157
202506 11.029 124.042 11.198
202509 8.883 124.490 8.986
202512 -0.401 124.240 -0.406
202603 5.990 125.940 5.990

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 0.62 mean?
Semapa (XLIS:SEM) has a Cyclically Adjusted PS Ratio of 0.62 as of Aug. 12, 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 Semapa and its competitors. This is 19% above median its historical median of 0.52. Over the past decade, Semapa's Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.21. According to the industry distribution chart, Semapa ranks #148 out of 251 companies in the Forest Products industry, placing it in the top 59%.
Is Semapa's Cyclically Adjusted PS Ratio too high?
Semapa's current Cyclically Adjusted PS Ratio of 0.62 is 19% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.21. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.49. Semapa's value of 0.62 is 26.5% above this industry median. Based on the distribution chart, Semapa ranks #148 out of 251 companies in the Forest Products industry, which is below the industry midpoint. Overall, Semapa has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semapa's Cyclically Adjusted PS Ratio compare to SLVM?
According to the Forest Products industry distribution chart, Semapa ranks #148 out of 251 companies for Cyclically Adjusted PS Ratio. This places Semapa in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Semapa's value of 0.62 is 26.5% above this benchmark. Historically, Semapa's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.21 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.49, Semapa has consistently been above 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 Forest Products company?
The median Cyclically Adjusted PS Ratio among Forest Products companies is 0.49, based on 251 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. Semapa's current Cyclically Adjusted PS Ratio of 0.62 is 26.5% above 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 Semapa and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Semapa's current Cyclically Adjusted PS Ratio is 0.62, which is 19% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semapa stock overvalued right now?
Based on GuruFocus' analysis, Semapa (XLIS:SEM) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.70, compared to a current price of €20.15 — trading 88.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.62, which is 19% above median its 10-year median of 0.52 and 26.5% above the Forest Products industry median of 0.49. Semapa's overall GF Score™ is 65/100 with 9 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 Semapa (XLIS:SEM), the current Cyclically Adjusted PS Ratio is 0.62 as of Aug. 12, 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 Semapa (XLIS:SEM) Overvalued in 2026?

Based on GuruFocus' analysis, Semapa stock appears to be overvalued. The current stock price of €20.15 is trading 88.3% above its estimated GF Value™ of €10.70. GuruFocus considers Semapa to be Significantly Overvalued.

Key valuation signals for XLIS:SEM:

  • Cyclically Adjusted PS Ratio: 0.62 (19% above median its 10-year median of 0.52)
  • GF Value™: €10.70 vs. price of €20.15 (88.3% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 26.5% above the Forest Products median (#148 of 251)

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


Semapa Business Description

Other Exchanges 0IE9:UKSQQ1:Germany
Address Avenida Fontes Pereira de Melo, 14-10th Floor, Lisboa, PRT, 1050-121
Semapa SA Group operates in distinct business areas, namely, pulp and paper and other businesses developed. The company has four reportable segments Pulp and paper includes production and sale of writing and printing thin paper and domestic consumption paper (Tissue), and it is present in the entire value-added chain, from research and development of forestry and agricultural production to the purchase and sale of wood and the production; Cement includes sale of ready-mixed concrete, aggregates, mortars and precast concrete; Other businesses includes the group's smaller activities; Holdings refers to the management activities of the Semapa group. The majority of revenue comes from Pulp and paper. The company has presence in Portugal, Rest of Europe, America, Africa, Asia, and Oceania.
65GF Score

Get the complete analysis for XLIS:SEM

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

€20.15
Price
€10.70
GF Value