Adecco Group AG (XSWX:ADEN) Cyclically Adjusted PS Ratio: 0.14 (As of Jul. 18, 2026) — 56% Below Median

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XSWX:ADEN Adecco Group AG XSWX:ADEN
60 GF Score
Price CHF20.46
GF Value CHF25.87
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Adecco Group AG Cyclically Adjusted PS Ratio?

Adecco Group AG XSWX:ADEN +5.79% 60 Cyclically Adjusted PS Ratio is 0.14 as of Jul. 18, 2026, which is 56% below its 10-year median of 0.32. GuruFocus rates XSWX:ADEN with a GF Score™ of 60/100 and a GF Value™ of CHF25.87 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 716 Business Services companies, Adecco Group AG ranks better than 91.34% on this metric.

As of today (2026-07-18), Adecco Group AG's current share price is CHF20.46. Adecco Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF149.99. Adecco Group AG's Cyclically Adjusted PS Ratio for today is 0.14.

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

XSWX:ADEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.32   Max: 0.57
Current: 0.14

During the past years, Adecco Group AG's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.10. And the median was 0.32.

XSWX:ADEN's Cyclically Adjusted PS Ratio is ranked better than
91.34% of 716 companies
in the Business Services industry
Industry Median: 0.905 vs XSWX:ADEN: 0.14

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.

Adecco Group AG's adjusted revenue per share data for the three months ended in Mar. 2026 was CHF30.634. 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 CHF149.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adecco Group AG  (XSWX:ADEN) 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.


Adecco Group AG Cyclically Adjusted PS Ratio Related Terms


Adecco Group AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Adecco Group AG'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.

Adecco Group AG Cyclically Adjusted PS Ratio Chart

Adecco Group AG 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 0.32 0.20 0.27 0.15 0.15

Adecco Group AG 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 0.17 0.16 0.15 0.15 0.13

XSWX:ADEN vs KFY, RHI, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, Adecco Group AG'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.


Adecco Group AG Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Adecco Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XSWX:ADEN
60GF Score
Adecco Group AG XSWX:ADEN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Adecco Group AG 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.

Adecco Group AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.46/149.99
=0.14

* 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.

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

For example, Adecco Group AG'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)
=30.634/108.0600*108.0600
=30.634

Current CPI (Mar. 2026) = 108.0600.

Adecco Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 36.386 100.088 39.284
201609 37.222 99.604 40.382
201612 36.971 99.380 40.200
201703 36.002 100.040 38.888
201706 38.217 100.285 41.180
201709 40.119 100.254 43.243
201712 42.308 100.213 45.621
201803 40.087 100.836 42.959
201806 42.193 101.435 44.949
201809 40.834 101.246 43.582
201812 41.915 100.906 44.887
201903 39.179 101.571 41.682
201906 40.718 102.044 43.119
201909 39.621 101.396 42.225
201912 40.052 101.063 42.825
202003 33.523 101.048 35.849
202006 27.670 100.743 29.680
202009 32.217 100.585 34.611
202012 36.068 100.241 38.881
202103 33.976 100.800 36.423
202106 35.575 101.352 37.930
202109 35.074 101.533 37.329
202112 34.539 101.776 36.672
202203 33.494 103.205 35.070
202206 36.398 104.783 37.536
202209 34.835 104.835 35.907
202212 36.639 104.666 37.827
202303 34.818 106.245 35.413
202306 34.857 106.576 35.343
202309 34.017 106.570 34.493
202312 34.221 106.461 34.735
202403 32.819 107.355 33.035
202406 33.311 107.991 33.332
202409 31.856 107.468 32.032
202412 32.648 107.128 32.932
202503 31.776 107.722 31.876
202506 32.071 108.075 32.067
202509 31.967 107.710 32.071
202512 32.900 107.200 33.164
202603 30.634 108.060 30.634

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 0.14 mean?
Adecco Group AG (XSWX:ADEN) has a Cyclically Adjusted PS Ratio of 0.14 as of Jul. 18, 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 Adecco Group AG and its competitors. This is 56% below median its historical median of 0.32. Over the past decade, Adecco Group AG's Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.57. According to the industry distribution chart, Adecco Group AG ranks #62 out of 716 companies in the Business Services industry, placing it in the top 8.7%.
Is Adecco Group AG's Cyclically Adjusted PS Ratio too high?
Adecco Group AG's current Cyclically Adjusted PS Ratio of 0.14 is 56% below median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.57. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. Adecco Group AG's value of 0.14 is 84.5% below this industry median. Based on the distribution chart, Adecco Group AG ranks #62 out of 716 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Adecco Group AG has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adecco Group AG's Cyclically Adjusted PS Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Adecco Group AG ranks #62 out of 716 companies for Cyclically Adjusted PS Ratio. This places Adecco Group AG in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.91. Adecco Group AG's value of 0.14 is 84.5% below this benchmark. Historically, Adecco Group AG's own Cyclically Adjusted PS Ratio has ranged from 0.10 to 0.57 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.91, Adecco Group AG has consistently been below 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.91, based on 716 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. Adecco Group AG's current Cyclically Adjusted PS Ratio of 0.14 is 84.5% below 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 Adecco Group AG and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adecco Group AG's current Cyclically Adjusted PS Ratio is 0.14, which is 56% below median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adecco Group AG stock overvalued right now?
Based on GuruFocus' analysis, Adecco Group AG (XSWX:ADEN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF25.87, compared to a current price of CHF20.46 — trading 20.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.14, which is 56% below median its 10-year median of 0.32 and 84.5% below the Business Services industry median of 0.91. Adecco Group AG's overall GF Score™ is 60/100 with 3 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 Adecco Group AG (XSWX:ADEN), the current Cyclically Adjusted PS Ratio is 0.14 as of Jul. 18, 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 Adecco Group AG (XSWX:ADEN) Overvalued in 2026?

Based on GuruFocus' analysis, Adecco Group AG stock appears to be undervalued. The current stock price of CHF20.46 is trading 20.9% below its estimated GF Value™ of CHF25.87. GuruFocus considers Adecco Group AG to be Modestly Undervalued.

Key valuation signals for XSWX:ADEN:

  • Cyclically Adjusted PS Ratio: 0.14 (56% below median its 10-year median of 0.32)
  • GF Value™: CHF25.87 vs. price of CHF20.46 (20.9% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 84.5% below the Business Services median (#62 of 716)

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


Adecco Group AG Business Description

Address Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group provides human capital solutions. The majority of its revenue comes from flexible placement, but the company also offers permanent placement, career transition, outsourcing, and consulting services in engineering, digital, and IT. The company is organized into three business units—Adecco, Akkodis, and LHH—and operates in over 60 countries.
60GF Score

Get the complete analysis for XSWX:ADEN

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

CHF20.46
Price
CHF25.87
GF Value