Fielmann Group AG (XSWX:FIE) Cyclically Adjusted PS Ratio: 1.87 (As of Jun. 27, 2026) — 44% Below Median


XSWX:FIE Fielmann Group AG XSWX:FIE
85 GF Score
Price CHF40.45
GF Value CHF49.51
! 2 Warning Signs
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What is Fielmann Group AG Cyclically Adjusted PS Ratio?

Fielmann Group AG XSWX:FIE 85 Cyclically Adjusted PS Ratio is 1.87 as of Jun. 27, 2026, which is 44% below its 10-year median of 3.34. GuruFocus rates XSWX:FIE with a GF Score™ of 85/100 and a GF Value™ of CHF49.51. The stock has 2 warning signs investors should review. Among 526 Medical Devices & Instruments companies, Fielmann Group AG ranks better than 58.94% on this metric.

As of today (2026-06-27), Fielmann Group AG's current share price is CHF40.45. Fielmann Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF21.65. Fielmann Group AG's Cyclically Adjusted PS Ratio for today is 1.87.

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

XSWX:FIE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.54   Med: 3.34   Max: 5.25
Current: 1.82

During the past years, Fielmann Group AG's highest Cyclically Adjusted PS Ratio was 5.25. The lowest was 1.54. And the median was 3.34.

XSWX:FIE's Cyclically Adjusted PS Ratio is ranked better than
58.94% of 526 companies
in the Medical Devices & Instruments industry
Industry Median: 2.22 vs XSWX:FIE: 1.82

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.

Fielmann Group AG's adjusted revenue per share data for the three months ended in Mar. 2026 was CHF6.610. 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 CHF21.65 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fielmann Group AG  (XSWX:FIE) 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.


Fielmann Group AG Cyclically Adjusted PS Ratio Related Terms


Fielmann Group AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fielmann 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.

Fielmann Group AG Cyclically Adjusted PS Ratio Chart

Fielmann 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 3.40 1.92 2.35 1.88 1.86

Fielmann 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 1.87 2.49 2.22 1.86 1.82

XSWX:FIE vs ISRG, BDX, MDLN: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Fielmann 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.


Fielmann Group AG Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fielmann Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XSWX:FIE
85GF Score
Fielmann Group AG XSWX:FIE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fielmann 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.45/21.65
=1.87

* 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.

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

For example, Fielmann 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)
=6.61/131.2583*131.2583
=6.610

Current CPI (Mar. 2026) = 131.2583.

Fielmann Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.516 100.717 5.885
201609 4.540 101.017 5.899
201612 4.155 101.217 5.388
201703 4.401 101.417 5.696
201706 4.536 102.117 5.830
201709 4.987 102.717 6.373
201712 4.527 102.617 5.791
201803 4.837 102.917 6.169
201806 5.034 104.017 6.352
201809 4.947 104.718 6.201
201812 4.670 104.217 5.882
201903 4.965 104.217 6.253
201906 5.163 105.718 6.410
201909 5.209 106.018 6.449
201912 4.714 105.818 5.847
202003 4.381 105.718 5.439
202006 3.365 106.618 4.143
202009 5.421 105.818 6.724
202012 5.044 105.518 6.274
202103 5.102 107.518 6.229
202106 5.290 108.486 6.400
202109 5.984 109.435 7.177
202112 5.299 110.384 6.301
202203 5.066 113.968 5.835
202206 5.353 115.760 6.070
202209 5.323 118.818 5.880
202212 5.173 119.345 5.689
202303 5.683 122.402 6.094
202306 5.784 123.140 6.165
202309 5.974 124.195 6.314
202312 5.271 123.773 5.590
202403 6.029 125.038 6.329
202406 6.380 125.882 6.653
202409 6.747 126.198 7.018
202412 6.479 127.041 6.694
202503 6.885 127.779 7.072
202506 7.009 128.412 7.164
202509 6.924 129.255 7.031
202512 6.691 129.361 6.789
202603 6.610 131.258 6.610

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 1.87 mean?
Fielmann Group AG (XSWX:FIE) has a Cyclically Adjusted PS Ratio of 1.87 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 Fielmann Group AG and its competitors. This is 44% below median its historical median of 3.34. Over the past decade, Fielmann Group AG's Cyclically Adjusted PS Ratio has ranged from 1.54 to 5.25. According to the industry distribution chart, Fielmann Group AG ranks #216 out of 526 companies in the Medical Devices & Instruments industry, placing it in the top 41.1%.
Is Fielmann Group AG's Cyclically Adjusted PS Ratio too high?
Fielmann Group AG's current Cyclically Adjusted PS Ratio of 1.87 is 44% below median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 5.25. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.22. Fielmann Group AG's value of 1.87 is 15.8% below this industry median. Based on the distribution chart, Fielmann Group AG ranks #216 out of 526 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Fielmann Group AG has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Fielmann Group AG's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Fielmann Group AG ranks #216 out of 526 companies for Cyclically Adjusted PS Ratio. This puts Fielmann Group AG in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.22. Fielmann Group AG's value of 1.87 is 15.8% below this benchmark. Historically, Fielmann Group AG's own Cyclically Adjusted PS Ratio has ranged from 1.54 to 5.25 over the past decade. While the company's 10-year median is 3.34 vs. the industry median of 2.22, Fielmann 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.22, based on 526 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. Fielmann Group AG's current Cyclically Adjusted PS Ratio of 1.87 is 15.8% 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 Fielmann Group AG and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fielmann Group AG's current Cyclically Adjusted PS Ratio is 1.87, which is 44% below median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fielmann Group AG stock overvalued right now?
Fielmann Group AG (XSWX:FIE) has a current Cyclically Adjusted PS Ratio of 1.87. The stock's GF Value™ is CHF49.51, compared to a current price of CHF40.45 — trading 18.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.87, which is 44% below median its 10-year median of 3.34 and 15.8% below the Medical Devices & Instruments industry median of 2.22. Fielmann Group AG's overall GF Score™ is 85/100 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 Fielmann Group AG (XSWX:FIE), the current Cyclically Adjusted PS Ratio is 1.87 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 Fielmann Group AG (XSWX:FIE) Overvalued in 2026?

Based on GuruFocus' analysis, Fielmann Group AG stock appears to be undervalued. The current stock price of CHF40.45 is trading 18.3% below its estimated GF Value™ of CHF49.51.

Key valuation signals for XSWX:FIE:

  • Cyclically Adjusted PS Ratio: 1.87 (44% below median its 10-year median of 3.34)
  • GF Value™: CHF49.51 vs. price of CHF40.45 (18.3% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 15.8% below the Medical Devices & Instruments median (#216 of 526)

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


Fielmann Group AG Business Description

Address Fuhlsbuttler Strabe 399, Hamburg, DEU, 22309
Fielmann Group AG is involved in the purchase and sale of goods, in physical stores as well as wholesale and online, particularly in the optometric and hearing acoustics sectors, and especially sales of all kinds of vision aids - particularly glasses, eyeewear frames and lenses, sunglasses, contact lenses, accessories, hearing systems, as well as personal protective equipment. Fielmann is involved in all levels of the optical industry value-added chain: designing, manufacturing, product offering, and optician services. The group was divided into six segments: Germany, Switzerland, Austria, Spain, North America, and Other. The majority of its revenue is generated from Germany.
85GF 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.

CHF40.45
Price
CHF49.51
GF Value