LAIQON AG (XTER:LQAG) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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.

XTER:LQAG LAIQON AG XTER:LQAG
70 GF Score
Price €4.44
GF Value €6.16
Valuation Modestly Undervalued
! 8 Warning Signs
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What is LAIQON AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


LAIQON AG  (XTER:LQAG) 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.


LAIQON AG Cyclically Adjusted PS Ratio Related Terms


LAIQON AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for LAIQON 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.

LAIQON AG Cyclically Adjusted PS Ratio Chart

LAIQON 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 10.11 5.00 4.17 2.88 2.96

LAIQON AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 2.73 2.90 2.06 2.99 2.57

XTER:LQAG vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, LAIQON 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.


LAIQON AG Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, LAIQON AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XTER:LQAG
70GF Score
LAIQON AG XTER:LQAG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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LAIQON 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.

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

For example, LAIQON AG'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)
=1.673/129.3606*129.3606
=1.673

Current CPI (Dec25) = 129.3606.

LAIQON AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 1.495 101.217 1.911
201712 1.099 102.617 1.385
201812 0.955 104.217 1.185
201912 0.885 105.818 1.082
202012 2.103 105.518 2.578
202112 1.980 110.384 2.320
202212 1.438 119.345 1.559
202312 1.783 123.773 1.863
202412 1.718 127.041 1.749
202512 1.673 129.361 1.673

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 LAIQON AG (XTER:LQAG) Overvalued in 2026?

Based on GuruFocus' analysis, LAIQON AG stock appears to be undervalued. The current stock price of €4.44 is trading 27.9% below its estimated GF Value™ of €6.16. GuruFocus considers LAIQON AG to be Modestly Undervalued.

Key valuation signals for XTER:LQAG:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €6.16 vs. price of €4.44 (27.9% below fair value)
  • GF Score™: 70/100 with 8 warning signs

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


LAIQON AG Business Description

Address An der Alster 42, Hamburg, DEU, 20099
LAIQON AG, along with its subsidiaries, develops, markets, and manages investments in real assets for institutional and retail investors. The business of the company operates in three business segments, namely, LAIQON Asset Management, positioned as a special provider of non-benchmarked equity, fixed-income, and mixed funds with a clear focus on active alpha strategies. The LAIQON Wealth Management business segment is committed to the proactive, holistic implementation of the individual goals of high-net-worth individuals utilizing personal asset management. The LAIQON Digital Wealth business segment offers digital and risk-optimized investment solutions for retail and institutional investors.
70GF Score

Get the complete analysis for XTER:LQAG

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

€4.44
Price
€6.16
GF Value