AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) Cyclically Adjusted Book per Share: €26.52 (As of Mar. 2026)


WBO:ATS AT&S Austria Technologie & Systemtechnik AG WBO:ATS
63 GF Score
Price €193.20
GF Value €27.54
Valuation Significantly Overvalued
! 9 Warning Signs
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What is AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted Book per Share?

AT&S Austria Technologie & Systemtechnik AG WBO:ATS -3.40% 63 Cyclically Adjusted Book per Share is €26.52 as of Mar. 2026. GuruFocus rates WBO:ATS with a GF Score™ of 63/100 and a GF Value™ of €27.54 (Significantly Overvalued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

AT&S Austria Technologie & Systemtechnik AG's adjusted book value per share for the three months ended in Mar. 2026 was €27.059. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €26.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AT&S Austria Technologie & Systemtechnik AG's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of AT&S Austria Technologie & Systemtechnik AG was 14.80% per year. The lowest was 6.60% per year. And the median was 9.30% per year.

As of today (2026-06-28), AT&S Austria Technologie & Systemtechnik AG's current stock price is €193.20. AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €26.52. AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PB Ratio of today is 7.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AT&S Austria Technologie & Systemtechnik AG was 8.52. The lowest was 0.44. And the median was 1.26.


AT&S Austria Technologie & Systemtechnik AG  (WBO:ATS) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=193.20/26.52
=7.29

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AT&S Austria Technologie & Systemtechnik AG was 8.52. The lowest was 0.44. And the median was 1.26.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted Book per Share Related Terms


AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Book per Share 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.

AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted Book per Share Chart

AT&S Austria Technologie & Systemtechnik AG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.29 21.92 24.12 25.71 26.52

AT&S Austria Technologie & Systemtechnik 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 Book per Share 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 25.71 25.88 26.01 26.35 26.52

WBO:ATS vs APH, GLW, TEL: Cyclically Adjusted Book per Share Comparison

For the Electronic Components subindustry, AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PB Ratio falls into.


WBO:ATS
63GF Score
AT&S Austria Technologie & Systemtechnik AG WBO:ATS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, AT&S Austria Technologie & Systemtechnik AG's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=27.059/140.3549*140.3549
=27.059

Current CPI (Mar. 2026) = 140.3549.

AT&S Austria Technologie & Systemtechnik AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.248 101.092 19.782
201609 13.692 101.192 18.991
201612 14.074 102.092 19.349
201703 13.902 102.592 19.019
201706 12.490 102.991 17.021
201709 12.679 103.591 17.179
201712 17.996 104.291 24.219
201803 18.311 104.491 24.596
201806 19.140 105.091 25.562
201809 19.004 105.691 25.237
201812 20.089 106.291 26.527
201903 20.681 106.391 27.283
201906 19.545 106.791 25.688
201909 19.778 106.991 25.946
201912 19.373 108.091 25.156
202003 19.569 108.024 25.426
202006 18.698 107.915 24.319
202009 18.801 108.348 24.355
202012 18.966 109.321 24.350
202103 20.644 110.186 26.296
202106 20.557 110.943 26.007
202109 22.433 111.916 28.133
202112 24.517 113.971 30.193
202203 32.234 117.647 38.456
202206 35.560 120.567 41.396
202209 38.379 123.811 43.507
202212 33.528 125.541 37.484
202303 29.795 128.460 32.554
202306 26.387 130.191 28.447
202309 28.528 131.272 30.502
202312 25.895 132.570 27.416
202403 24.880 133.759 26.107
202406 24.248 134.083 25.382
202409 25.215 133.651 26.480
202412 25.838 135.273 26.809
202503 27.669 137.760 28.190
202506 22.565 138.517 22.864
202509 22.583 138.949 22.811
202512 24.748 140.355 24.748
202603 27.059 140.355 27.059

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €26.52 mean?
AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) has a Cyclically Adjusted Book per Share of €26.52 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on AT&S Austria Technologie & Systemtechnik AG and its competitors.
Is AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Book per Share too high?
AT&S Austria Technologie & Systemtechnik AG's current Cyclically Adjusted Book per Share is €26.52. Overall, AT&S Austria Technologie & Systemtechnik AG has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Book per Share compare to APH and GLW?
AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Book per Share of €26.52 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on AT&S Austria Technologie & Systemtechnik AG and its competitors. AT&S Austria Technologie & Systemtechnik AG's current Cyclically Adjusted Book per Share is €26.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AT&S Austria Technologie & Systemtechnik AG stock overvalued right now?
Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) is currently considered Significantly Overvalued. The stock's GF Value™ is €27.54, compared to a current price of €193.20 — trading 601.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is €26.52. AT&S Austria Technologie & Systemtechnik AG's overall GF Score™ is 63/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For AT&S Austria Technologie & Systemtechnik AG (WBO:ATS), the current Cyclically Adjusted Book per Share is €26.52 as of Mar. 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 AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) Overvalued in 2026?

Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG stock appears to be overvalued. The current stock price of €193.20 is trading 601.5% above its estimated GF Value™ of €27.54. GuruFocus considers AT&S Austria Technologie & Systemtechnik AG to be Significantly Overvalued.

Key valuation signals for WBO:ATS:

  • Cyclically Adjusted Book per Share: €26.52
  • GF Value™: €27.54 vs. price of €193.20 (601.5% above fair value)
  • GF Score™: 63/100 with 9 warning signs

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


AT&S Austria Technologie & Systemtechnik AG Business Description

Address Fabriksgasse 13, Leoben-Hinterberg, AUT, 8700
AT&S Austria Technologie & Systemtechnik AG provider of high-end IC substrates and printed circuit boards. The company develops and manufactures interconnection technologies for key digital industries, including mobile devices, automotive and aerospace, industrial, medical, and high-performance computing for Al applications. The products are manufactured in the European and Asian markets and are directly distributed to original equipment manufacturers (OEM) as well as to contracted electronic manufacturers (CEM). Its segments are Electronics solutions, Microelectronics, and Others. Majority of revenue comes from Microelectronics segment. It has presence in Austria, Germany, Other European countries, China, Other Asian countries, and Americas of which majority of revenue is from America.
63GF Score

Get the complete analysis for WBO:ATS

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

€193.20
Price
€27.54
GF Value