AP (Ampco-Pittsburgh) Cyclically Adjusted PS Ratio: 0.30 (As of Aug. 20, 2026) — 131% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

AP Ampco-Pittsburgh Corp AP
47 GF Score
Price $8.92
GF Value $2.57
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Ampco-Pittsburgh Cyclically Adjusted PS Ratio?

Ampco-Pittsburgh AP -0.56% 47 Cyclically Adjusted PS Ratio is 0.30 as of Aug. 20, 2026, which is 131% above its 10-year median of 0.13. GuruFocus rates AP with a GF Score™ of 47/100 and a GF Value™ of $2.57 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,283 Industrial Products companies, Ampco-Pittsburgh ranks better than 90.01% on this metric.

As of today (2026-08-20), Ampco-Pittsburgh's current share price is $8.92. Ampco-Pittsburgh's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $29.99. Ampco-Pittsburgh's Cyclically Adjusted PS Ratio for today is 0.30.

The historical rank and industry rank for Ampco-Pittsburgh's Cyclically Adjusted PS Ratio or its related term are showing as below:

AP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.13   Max: 0.56
Current: 0.3

During the past years, Ampco-Pittsburgh's highest Cyclically Adjusted PS Ratio was 0.56. The lowest was 0.02. And the median was 0.13.

AP's Cyclically Adjusted PS Ratio is ranked better than
90.01% of 2283 companies
in the Industrial Products industry
Industry Median: 1.83 vs AP: 0.30

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.

Ampco-Pittsburgh's adjusted revenue per share data for the three months ended in Jun. 2026 was $4.801. 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 $29.99 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ampco-Pittsburgh  (NYSE:AP) 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.


Ampco-Pittsburgh Cyclically Adjusted PS Ratio Related Terms


Ampco-Pittsburgh Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ampco-Pittsburgh'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.

Ampco-Pittsburgh Cyclically Adjusted PS Ratio Chart

Ampco-Pittsburgh 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 0.16 0.08 0.09 0.07 0.18

Ampco-Pittsburgh Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.10 0.08 0.18 0.22 0.29

AP vs LQMT, TG, TPCS: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, Ampco-Pittsburgh'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.


Ampco-Pittsburgh Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ampco-Pittsburgh's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ampco-Pittsburgh's Cyclically Adjusted PS Ratio falls into.


AP
47GF Score
Ampco-Pittsburgh Corp AP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ampco-Pittsburgh 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.

Ampco-Pittsburgh's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.92/29.99
=0.30

* 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.

Ampco-Pittsburgh's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ampco-Pittsburgh's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.801/333.9520*333.9520
=4.801

Current CPI (Jun. 2026) = 333.9520.

Ampco-Pittsburgh Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.753 241.428 9.341
201612 7.507 241.432 10.384
201703 8.436 243.801 11.555
201706 8.968 244.955 12.226
201709 8.404 246.819 11.371
201712 5.437 246.524 7.365
201803 8.596 249.554 11.503
201806 9.516 251.989 12.611
201809 7.910 252.439 10.464
201812 7.668 251.233 10.193
201903 8.602 254.202 11.301
201906 8.152 256.143 10.628
201909 7.189 256.759 9.350
201912 7.673 256.974 9.971
202003 7.186 258.115 9.297
202006 5.588 257.797 7.239
202009 5.236 260.280 6.718
202012 4.745 260.474 6.084
202103 4.200 264.877 5.295
202106 4.350 271.696 5.347
202109 4.252 274.310 5.176
202112 4.425 278.802 5.300
202203 4.921 287.504 5.716
202206 5.278 296.311 5.948
202209 5.104 296.808 5.743
202212 4.821 296.797 5.425
202303 5.401 301.836 5.976
202306 5.473 305.109 5.990
202309 5.181 307.789 5.621
202312 5.480 306.746 5.966
202403 5.586 312.332 5.973
202406 5.584 314.175 5.936
202409 4.813 315.301 5.098
202412 5.053 315.605 5.347
202503 5.170 319.799 5.399
202506 5.625 322.561 5.824
202509 5.340 324.800 5.490
202512 5.375 324.054 5.539
202603 5.353 330.213 5.414
202606 4.801 333.952 4.801

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 0.30 mean?
Ampco-Pittsburgh (AP) has a Cyclically Adjusted PS Ratio of 0.30 as of Aug. 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 Ampco-Pittsburgh and its competitors. This is 131% above median its historical median of 0.13. Over the past decade, Ampco-Pittsburgh's Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.56. According to the industry distribution chart, Ampco-Pittsburgh ranks #228 out of 2283 companies in the Industrial Products industry, placing it in the top 10%.
Is Ampco-Pittsburgh's Cyclically Adjusted PS Ratio too high?
Ampco-Pittsburgh's current Cyclically Adjusted PS Ratio of 0.30 is 131% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.56. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.83. Ampco-Pittsburgh's value of 0.30 is 83.6% below this industry median. Based on the distribution chart, Ampco-Pittsburgh ranks #228 out of 2283 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ampco-Pittsburgh has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ampco-Pittsburgh's Cyclically Adjusted PS Ratio compare to LQMT and TG?
According to the Industrial Products industry distribution chart, Ampco-Pittsburgh ranks #228 out of 2283 companies for Cyclically Adjusted PS Ratio. This places Ampco-Pittsburgh in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.83. Ampco-Pittsburgh's value of 0.30 is 83.6% below this benchmark. Historically, Ampco-Pittsburgh's own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.56 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 1.83, Ampco-Pittsburgh 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.83, based on 2,283 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. Ampco-Pittsburgh's current Cyclically Adjusted PS Ratio of 0.30 is 83.6% 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 Ampco-Pittsburgh and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ampco-Pittsburgh's current Cyclically Adjusted PS Ratio is 0.30, which is 131% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ampco-Pittsburgh stock overvalued right now?
Based on GuruFocus' analysis, Ampco-Pittsburgh (AP) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.57, compared to a current price of $8.92 — trading 247.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.30, which is 131% above median its 10-year median of 0.13 and 83.6% below the Industrial Products industry median of 1.83. Ampco-Pittsburgh's overall GF Score™ is 47/100 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 Ampco-Pittsburgh (AP), the current Cyclically Adjusted PS Ratio is 0.30 as of Aug. 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 Ampco-Pittsburgh (AP) Overvalued in 2026?

Based on GuruFocus' analysis, Ampco-Pittsburgh stock appears to be overvalued. The current stock price of $8.92 is trading 247.1% above its estimated GF Value™ of $2.57. GuruFocus considers Ampco-Pittsburgh to be Significantly Overvalued.

Key valuation signals for AP:

  • Cyclically Adjusted PS Ratio: 0.30 (131% above median its 10-year median of 0.13)
  • GF Value™: $2.57 vs. price of $8.92 (247.1% above fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 83.6% below the Industrial Products median (#228 of 2283)

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


Ampco-Pittsburgh Business Description

Address 726 Bell Avenue, Suite 301, Carnegie, PA, USA, 15106
Ampco-Pittsburgh Corp manufactures and sells engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. It operates in two business segments, namely the Forged and Cast Engineered Products segment and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment produces forged hardened steel rolls, cast rolls, and open-die forged products. Forged hardened steel rolls are used in cold rolling mills by producers of steel, aluminum, & other metals. The Air and Liquid Processing segment includes Aerofin, Buffalo Air Handling, & Buffalo Pumps. The company generates a majority of its revenue from the Forged & Cast Engineered Products segment. It has a business presence in the United States & other countries.
47GF Score

Get the complete analysis for AP

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

$8.92
Price
$2.57
GF Value