FORTEC Elektronik AG (XTER:FEV) Cyclically Adjusted PS Ratio: 0.40 (As of Jul. 20, 2026) — 51% Below Median

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XTER:FEV FORTEC Elektronik AG XTER:FEV
76 GF Score
Price €12.65
GF Value €15.80
Valuation Modestly Undervalued
! 7 Warning Signs
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What is FORTEC Elektronik AG Cyclically Adjusted PS Ratio?

FORTEC Elektronik AG XTER:FEV -0.78% 76 Cyclically Adjusted PS Ratio is 0.40 as of Jul. 20, 2026, which is 51% below its 10-year median of 0.82. GuruFocus rates XTER:FEV with a GF Score™ of 76/100 and a GF Value™ of €15.80 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,976 Hardware companies, FORTEC Elektronik AG ranks better than 78.74% on this metric.

As of today (2026-07-20), FORTEC Elektronik AG's current share price is €12.65. FORTEC Elektronik AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €31.25. FORTEC Elektronik AG's Cyclically Adjusted PS Ratio for today is 0.40.

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

XTER:FEV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.82   Max: 1.21
Current: 0.4

During the past years, FORTEC Elektronik AG's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.34. And the median was 0.82.

XTER:FEV's Cyclically Adjusted PS Ratio is ranked better than
78.74% of 1976 companies
in the Hardware industry
Industry Median: 1.37 vs XTER:FEV: 0.40

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.

FORTEC Elektronik AG's adjusted revenue per share data for the three months ended in Mar. 2026 was €6.550. 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 €31.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FORTEC Elektronik AG  (XTER:FEV) 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.


FORTEC Elektronik AG Cyclically Adjusted PS Ratio Related Terms


FORTEC Elektronik AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FORTEC Elektronik 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.

FORTEC Elektronik AG Cyclically Adjusted PS Ratio Chart

FORTEC Elektronik AG Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.93 0.99 0.65 0.51

FORTEC Elektronik 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 0.50 0.51 0.48 0.35 0.40

XTER:FEV vs SNX, ARW, AVT: Cyclically Adjusted PS Ratio Comparison

For the Electronics & Computer Distribution subindustry, FORTEC Elektronik 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.


FORTEC Elektronik AG Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


XTER:FEV
76GF Score
FORTEC Elektronik AG XTER:FEV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FORTEC Elektronik 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.65/31.25
=0.40

* 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.

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

For example, FORTEC Elektronik 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)
=6.55/131.2583*131.2583
=6.550

Current CPI (Mar. 2026) = 131.2583.

FORTEC Elektronik AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.203 100.717 8.084
201609 6.231 101.017 8.096
201612 6.307 101.217 8.179
201703 7.447 101.417 9.638
201706 6.558 102.117 8.429
201709 6.639 102.717 8.484
201712 5.884 102.617 7.526
201803 7.513 102.917 9.582
201806 4.948 104.017 6.244
201809 6.718 104.718 8.421
201812 6.300 104.217 7.935
201903 7.587 104.217 9.556
201906 6.568 105.718 8.155
201909 6.621 106.018 8.197
201912 6.108 105.818 7.576
202003 7.503 105.718 9.316
202006 6.762 106.618 8.325
202009 6.229 105.818 7.727
202012 5.314 105.518 6.610
202103 6.201 107.518 7.570
202106 6.080 108.486 7.356
202109 6.519 109.435 7.819
202112 6.427 110.384 7.642
202203 7.348 113.968 8.463
202206 7.100 115.760 8.051
202209 7.686 118.818 8.491
202212 7.526 119.345 8.277
202303 8.947 122.402 9.594
202306 8.412 123.140 8.967
202309 8.180 124.195 8.645
202312 6.268 123.773 6.647
202403 7.078 125.038 7.430
202406 7.560 125.882 7.883
202409 5.382 126.198 5.598
202412 5.587 127.041 5.772
202503 6.859 127.779 7.046
202506 6.701 128.412 6.850
202509 5.957 129.255 6.049
202512 5.632 129.361 5.715
202603 6.550 131.258 6.550

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.

What does a Cyclically Adjusted PS Ratio of 0.40 mean?
FORTEC Elektronik AG (XTER:FEV) has a Cyclically Adjusted PS Ratio of 0.40 as of Jul. 20, 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 FORTEC Elektronik AG and its competitors. This is 51% below median its historical median of 0.82. Over the past decade, FORTEC Elektronik AG's Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.21. According to the industry distribution chart, FORTEC Elektronik AG ranks #420 out of 1976 companies in the Hardware industry, placing it in the top 21.3%.
Is FORTEC Elektronik AG's Cyclically Adjusted PS Ratio too high?
FORTEC Elektronik AG's current Cyclically Adjusted PS Ratio of 0.40 is 51% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.21. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. FORTEC Elektronik AG's value of 0.40 is 70.8% below this industry median. Based on the distribution chart, FORTEC Elektronik AG ranks #420 out of 1976 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, FORTEC Elektronik AG has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FORTEC Elektronik AG's Cyclically Adjusted PS Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, FORTEC Elektronik AG ranks #420 out of 1976 companies for Cyclically Adjusted PS Ratio. This places FORTEC Elektronik AG in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.37. FORTEC Elektronik AG's value of 0.40 is 70.8% below this benchmark. Historically, FORTEC Elektronik AG's own Cyclically Adjusted PS Ratio has ranged from 0.34 to 1.21 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.37, FORTEC Elektronik 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.37, based on 1,976 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. FORTEC Elektronik AG's current Cyclically Adjusted PS Ratio of 0.40 is 70.8% 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 FORTEC Elektronik AG and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FORTEC Elektronik AG's current Cyclically Adjusted PS Ratio is 0.40, which is 51% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FORTEC Elektronik AG stock overvalued right now?
Based on GuruFocus' analysis, FORTEC Elektronik AG (XTER:FEV) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.80, compared to a current price of €12.65 — trading 19.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.40, which is 51% below median its 10-year median of 0.82 and 70.8% below the Hardware industry median of 1.37. FORTEC Elektronik AG's overall GF Score™ is 76/100 with 7 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 FORTEC Elektronik AG (XTER:FEV), the current Cyclically Adjusted PS Ratio is 0.40 as of Jul. 20, 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 FORTEC Elektronik AG (XTER:FEV) Overvalued in 2026?

Based on GuruFocus' analysis, FORTEC Elektronik AG stock appears to be undervalued. The current stock price of €12.65 is trading 19.9% below its estimated GF Value™ of €15.80. GuruFocus considers FORTEC Elektronik AG to be Modestly Undervalued.

Key valuation signals for XTER:FEV:

  • Cyclically Adjusted PS Ratio: 0.40 (51% below median its 10-year median of 0.82)
  • GF Value™: €15.80 vs. price of €12.65 (19.9% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 70.8% below the Hardware median (#420 of 1976)

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


FORTEC Elektronik AG Business Description

Other Exchanges 0HQQ:UK
Address Augsburger Street 2B, Germering, DEU, 82110
FORTEC Elektronik AG is a Germany based company. It is a system supplier for equipment manufacturers of industrial high-tech products. Its product portfolio includes large format displays, displays with LED backlight, touchscreens, single board computer, embedded motherboards, slot CPU cards, and VacuBond. chassis mount, external power supplies, among others. It has two operating segments: Data visualisation and Power Supplies.
76GF Score

Get the complete analysis for XTER:FEV

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

€12.65
Price
€15.80
GF Value