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XPRA:ATS's Cyclically Adjusted PB Ratio is ranked worse than 83.93% of 1985
companies
in the Hardware industry
Industry Median: 2.15
vs XPRA:ATS: 6.93
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 adjusted book value per share data for the three months ended in Mar. 2026 was Kč661.344. 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 Kč651.46 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
AT&S Austria Technologie & Systemtechnik AG (XPRA:ATS) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.
AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PB Ratio Related Terms
AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PB Ratio Historical Data
* 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 PB Ratio Chart
AT&S Austria Technologie & Systemtechnik AG Annual Data
XPRA:ATS vs APH, GLW, TEL: Cyclically Adjusted PB Ratio 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
AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.
* 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.
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 PB Ratio of 6.76 mean?
AT&S Austria Technologie & Systemtechnik AG (XPRA:ATS) has a Cyclically Adjusted PB Ratio of 6.76 as of Jul. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a 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. This is 432% above median its historical median of 1.27. Over the past decade, AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PB Ratio has ranged from 0.44 to 8.52. According to the industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1666 out of 1985 companies in the Hardware industry, placing it in the top 83.9%.
Is AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PB Ratio too high?
AT&S Austria Technologie & Systemtechnik AG's current Cyclically Adjusted PB Ratio of 6.76 is 432% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 8.52. The Hardware industry median Cyclically Adjusted PB Ratio is 2.15. AT&S Austria Technologie & Systemtechnik AG's value of 6.76 is 214.4% above this industry median. Based on the distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1666 out of 1985 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, AT&S Austria Technologie & Systemtechnik AG has a GF Score™ of 79/100 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 PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1666 out of 1985 companies for Cyclically Adjusted PB Ratio. This places AT&S Austria Technologie & Systemtechnik AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. AT&S Austria Technologie & Systemtechnik AG's value of 6.76 is 214.4% above this benchmark. Historically, AT&S Austria Technologie & Systemtechnik AG's own Cyclically Adjusted PB Ratio has ranged from 0.44 to 8.52 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 2.15, AT&S Austria Technologie & Systemtechnik AG has consistently been above 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 PB Ratio for a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.15, based on 1,985 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AT&S Austria Technologie & Systemtechnik AG's current Cyclically Adjusted PB Ratio of 6.76 is 214.4% above 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 PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a 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. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AT&S Austria Technologie & Systemtechnik AG's current Cyclically Adjusted PB Ratio is 6.76, which is 432% above median its own 10-year median of 1.27. 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 (XPRA:ATS) is currently considered Significantly Overvalued. The stock's GF Value™ is Kč680.66, compared to a current price of Kč4,402.00 — trading 546.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.76, which is 432% above median its 10-year median of 1.27 and 214.4% above the Hardware industry median of 2.15. AT&S Austria Technologie & Systemtechnik AG's overall GF Score™ is 79/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For AT&S Austria Technologie & Systemtechnik AG (XPRA:ATS), the current Cyclically Adjusted PB Ratio is 6.76 as of Jul. 14, 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 (XPRA:ATS) Overvalued in 2026?
Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG stock appears to be overvalued.
The current stock price of Kč4,402.00 is trading 546.7% above its estimated GF Value™ of Kč680.66.
GuruFocus considers AT&S Austria Technologie & Systemtechnik AG to be Significantly Overvalued.
Key valuation signals for XPRA:ATS:
Cyclically Adjusted PB Ratio: 6.76 (432% above median its 10-year median of 1.27)
GF Value™: Kč680.66 vs. price of Kč4,402.00 (546.7% above fair value)
Industry Position: 214.4% above the Hardware median (#1666 of 1985)
No single metric tells the full story. See the XPRA: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
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.
79GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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