Bechtle AG (XSWX:BC8) Cyclically Adjusted PS Ratio: 0.69 (As of Jun. 27, 2026) — 41% Below Median


XSWX:BC8 Bechtle AG XSWX:BC8
77 GF Score
Price CHF28.46
GF Value CHF38.17
! 2 Warning Signs
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What is Bechtle AG Cyclically Adjusted PS Ratio?

Bechtle AG XSWX:BC8 77 Cyclically Adjusted PS Ratio is 0.69 as of Jun. 27, 2026, which is 41% below its 10-year median of 1.17. GuruFocus rates XSWX:BC8 with a GF Score™ of 77/100 and a GF Value™ of CHF38.17. The stock has 2 warning signs investors should review. Among 1,588 Software companies, Bechtle AG ranks better than 74.81% on this metric.

As of today (2026-06-27), Bechtle AG's current share price is CHF28.46. Bechtle AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF41.32. Bechtle AG's Cyclically Adjusted PS Ratio for today is 0.69.

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

XSWX:BC8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.17   Max: 2.32
Current: 0.63

During the past years, Bechtle AG's highest Cyclically Adjusted PS Ratio was 2.32. The lowest was 0.55. And the median was 1.17.

XSWX:BC8's Cyclically Adjusted PS Ratio is ranked better than
74.81% of 1588 companies
in the Software industry
Industry Median: 1.62 vs XSWX:BC8: 0.63

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.

Bechtle AG's adjusted revenue per share data for the three months ended in Mar. 2026 was CHF11.353. 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 CHF41.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bechtle AG  (XSWX:BC8) 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.


Bechtle AG Cyclically Adjusted PS Ratio Related Terms


Bechtle AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bechtle 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.

Bechtle AG Cyclically Adjusted PS Ratio Chart

Bechtle 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 2.03 0.91 1.12 0.71 0.93

Bechtle 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 0.76 0.87 0.85 0.93 0.60

XSWX:BC8 vs IBM, ACN, FISV: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Bechtle 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.


Bechtle AG Cyclically Adjusted PS Ratio vs Software Industry

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

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


XSWX:BC8
77GF Score
Bechtle AG XSWX:BC8
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bechtle 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.46/41.32
=0.69

* 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.

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

For example, Bechtle 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)
=11.353/131.2583*131.2583
=11.353

Current CPI (Mar. 2026) = 131.2583.

Bechtle AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.254 100.717 8.150
201609 6.328 101.017 8.222
201612 7.982 101.217 10.351
201703 6.827 101.417 8.836
201706 7.098 102.117 9.124
201709 7.957 102.717 10.168
201712 9.927 102.617 12.698
201803 8.863 102.917 11.304
201806 8.857 104.017 11.177
201809 9.412 104.718 11.797
201812 12.121 104.217 15.266
201903 11.125 104.217 14.012
201906 11.171 105.718 13.870
201909 11.051 106.018 13.682
201912 13.841 105.818 17.169
202003 11.405 105.718 14.160
202006 11.142 106.618 13.717
202009 11.724 105.818 14.543
202012 8.691 105.518 10.811
202103 11.345 107.518 13.850
202106 10.749 108.486 13.005
202109 11.005 109.435 13.200
202112 12.378 110.384 14.719
202203 11.204 113.968 12.904
202206 11.539 115.760 13.084
202209 11.196 118.818 12.368
202212 13.844 119.345 15.226
202303 12.099 122.402 12.974
202306 11.690 123.140 12.461
202309 11.271 124.195 11.912
202312 14.185 123.773 15.043
202403 11.525 125.038 12.098
202406 11.261 125.882 11.742
202409 11.278 126.198 11.730
202412 13.458 127.041 13.905
202503 11.077 127.779 11.379
202506 11.071 128.412 11.316
202509 11.778 129.255 11.961
202512 13.845 129.361 14.048
202603 11.353 131.258 11.353

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 0.69 mean?
Bechtle AG (XSWX:BC8) has a Cyclically Adjusted PS Ratio of 0.69 as of Jun. 27, 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 Bechtle AG and its competitors. This is 41% below median its historical median of 1.17. Over the past decade, Bechtle AG's Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.32. According to the industry distribution chart, Bechtle AG ranks #400 out of 1588 companies in the Software industry, placing it in the top 25.2%.
Is Bechtle AG's Cyclically Adjusted PS Ratio too high?
Bechtle AG's current Cyclically Adjusted PS Ratio of 0.69 is 41% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.32. The Software industry median Cyclically Adjusted PS Ratio is 1.62. Bechtle AG's value of 0.69 is 57.4% below this industry median. Based on the distribution chart, Bechtle AG ranks #400 out of 1588 companies in the Software industry, which is above the industry midpoint. Overall, Bechtle AG has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Bechtle AG's Cyclically Adjusted PS Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Bechtle AG ranks #400 out of 1588 companies for Cyclically Adjusted PS Ratio. This puts Bechtle AG in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.62. Bechtle AG's value of 0.69 is 57.4% below this benchmark. Historically, Bechtle AG's own Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.32 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.62, Bechtle 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 Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.62, based on 1,588 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. Bechtle AG's current Cyclically Adjusted PS Ratio of 0.69 is 57.4% 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 Bechtle AG and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bechtle AG's current Cyclically Adjusted PS Ratio is 0.69, which is 41% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bechtle AG stock overvalued right now?
Bechtle AG (XSWX:BC8) has a current Cyclically Adjusted PS Ratio of 0.69. The stock's GF Value™ is CHF38.17, compared to a current price of CHF28.46 — trading 25.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.69, which is 41% below median its 10-year median of 1.17 and 57.4% below the Software industry median of 1.62. Bechtle AG's overall GF Score™ is 77/100 with 2 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 Bechtle AG (XSWX:BC8), the current Cyclically Adjusted PS Ratio is 0.69 as of Jun. 27, 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 Bechtle AG (XSWX:BC8) Overvalued in 2026?

Based on GuruFocus' analysis, Bechtle AG stock appears to be undervalued. The current stock price of CHF28.46 is trading 25.4% below its estimated GF Value™ of CHF38.17.

Key valuation signals for XSWX:BC8:

  • Cyclically Adjusted PS Ratio: 0.69 (41% below median its 10-year median of 1.17)
  • GF Value™: CHF38.17 vs. price of CHF28.46 (25.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 57.4% below the Software median (#400 of 1588)

No single metric tells the full story. See the XSWX:BC8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bechtle AG Business Description

Address Bechtle Platz 1, Neckarsulm, BW, DEU, 74172
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. The company operates through four reportable segments; Germany, France, Benelux, and Other Europe. It generates maximum of its revenue from the Germany segment. The company offers its customers IT hardware, software, solutions and services in 14 European countries, with Germany being the main market.
77GF Score

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

CHF28.46
Price
CHF38.17
GF Value