AT&S Austria Technologie & Systemtechnik AG (XTER:AUS) Cyclically Adjusted PB Ratio: (As of Sep. 08, 2026)

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Director of Data and Quant Analytics at GuruFocus
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XTER:AUS AT&S Austria Technologie & Systemtechnik AG XTER:AUS
69 GF Score
Price €29.85
GF Value €5.02
! 8 Warning Signs
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What is AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


AT&S Austria Technologie & Systemtechnik AG  (XTER:AUS) 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

* Premium members only.

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

AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PB Ratio Chart

AT&S Austria Technologie & Systemtechnik AG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 1.29 0.80 0.50 1.93

AT&S Austria Technologie & Systemtechnik AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 0.66 0.86 1.22 1.93 7.69

XTER:AUS 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

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.


XTER:AUS
69GF Score
AT&S Austria Technologie & Systemtechnik AG XTER:AUS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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.

AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=39.134/142.7100*142.7100
=39.134

Current CPI (Jun. 2026) = 142.7100.

AT&S Austria Technologie & Systemtechnik AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.692 101.192 19.310
201612 14.074 102.092 19.674
201703 13.902 102.592 19.338
201706 12.490 102.991 17.307
201709 12.679 103.591 17.467
201712 17.996 104.291 24.625
201803 18.311 104.491 25.008
201806 19.140 105.091 25.991
201809 19.004 105.691 25.660
201812 20.089 106.291 26.972
201903 20.681 106.391 27.741
201906 19.545 106.791 26.119
201909 19.778 106.991 26.381
201912 19.373 108.091 25.578
202003 19.569 108.024 25.853
202006 18.698 107.915 24.727
202009 18.801 108.348 24.764
202012 18.966 109.321 24.759
202103 20.644 110.186 26.738
202106 20.557 110.943 26.443
202109 22.433 111.916 28.605
202112 24.517 113.971 30.699
202203 32.234 117.647 39.101
202206 35.560 120.567 42.091
202209 38.379 123.811 44.237
202212 33.528 125.541 38.113
202303 29.795 128.460 33.100
202306 26.387 130.191 28.924
202309 28.528 131.272 31.014
202312 25.895 132.570 27.876
202403 24.880 133.759 26.545
202406 24.248 134.083 25.808
202409 25.215 133.651 26.924
202412 25.838 135.273 27.259
202503 27.669 137.760 28.663
202506 22.565 138.517 23.248
202509 22.583 138.950 23.194
202512 24.748 140.350 25.164
202603 27.059 142.160 27.164
202606 39.134 142.710 39.134

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

Is AT&S Austria Technologie & Systemtechnik AG (XTER:AUS) Overvalued in 2026?

Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG stock appears to be overvalued. The current stock price of €29.85 is trading 494.6% above its estimated GF Value™ of €5.02.

Key valuation signals for XTER:AUS:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €5.02 vs. price of €29.85 (494.6% above fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the XTER:AUS 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.
69GF Score

Get the complete analysis for XTER:AUS

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

€29.85
Price
€5.02
GF Value