Altheora (XPAR:ALORA) Cyclically Adjusted PS Ratio: (As of Sep. 18, 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.

XPAR:ALORA Altheora XPAR:ALORA
40 GF Score
Price €0.40
GF Value €0.41
Valuation Fairly Valued
! 3 Warning Signs
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What is Altheora Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Altheora  (XPAR:ALORA) 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.


Altheora Cyclically Adjusted PS Ratio Related Terms


Altheora Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Altheora'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.

Altheora Cyclically Adjusted PS Ratio Chart

Altheora Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 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 0.00 0.00

Altheora Semi-Annual Data
Jun14 Jun15 Dec15 Jun16 Dec16 Jun18 Dec18 Jun19 Dec19 Jun20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.10 0.07 0.08 0.09 0.12

XPAR:ALORA vs VRT, BE, HUBB: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Altheora'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.


Altheora Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


XPAR:ALORA
40GF Score
Altheora XPAR:ALORA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altheora 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.

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

For example, Altheora'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)
=2.55/120.8900*120.8900
=2.550

Current CPI (Dec25) = 120.8900.

Altheora Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 6.155 100.040 7.438
201612 2.242 100.650 2.693
201712 5.854 101.850 6.948
201812 2.184 103.470 2.552
201912 3.729 104.980 4.294
202112 4.130 107.850 4.629
202212 2.603 114.160 2.756
202312 3.071 118.390 3.136
202412 2.752 119.950 2.774
202512 2.550 120.890 2.550

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 Altheora (XPAR:ALORA) Overvalued in 2026?

Based on GuruFocus' analysis, Altheora stock appears to be undervalued. The current stock price of €0.40 is trading 2.7% below its estimated GF Value™ of €0.41. GuruFocus considers Altheora to be Fairly Valued.

Key valuation signals for XPAR:ALORA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.41 vs. price of €0.40 (2.7% below fair value)
  • GF Score™: 40/100 with 3 warning signs

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


Altheora Business Description

Address Rue des Condamines - BP 96, Mauves, FRA, 07300
Altheora is engaged in the transformation of composite materials and plastics. It is involved in the production of plastic and composite material parts for the automotive industry. Further, also involved in the manufacturing of products for electrical networks, for telephone networks and for water and gas networks.
40GF Score

Get the complete analysis for XPAR:ALORA

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

€0.40
Price
€0.41
GF Value