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AT&S Austria Technologie & Systemtechnik AGASAAF 70 Cyclically Adjusted PS Ratio is 3.83 as of Aug. 05, 2026, which is 367% above its 10-year median of 0.82. GuruFocus rates ASAAF with a GF Score™ of 70/100 and a GF Value™ of $33.58 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,974 Hardware companies, AT&S Austria Technologie & Systemtechnik AG ranks worse than 74.21% on this metric.
ASAAF's Cyclically Adjusted PS Ratio is ranked worse than 74.21% of 1974
companies
in the Hardware industry
Industry Median: 1.335
vs ASAAF: 3.38
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.
AT&S Austria Technologie & Systemtechnik AG's adjusted revenue per share data for the three months ended in Mar. 2026 was $14.219. 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 $44.79 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 (OTCPK:ASAAF) 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.
AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PS Ratio Related Terms
AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PS 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 PS Ratio Chart
AT&S Austria Technologie & Systemtechnik AG Annual Data
ASAAF vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison
For the Electronic Components subindustry, AT&S Austria Technologie & Systemtechnik 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.
AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PS Ratio vs Hardware Industry
AT&S Austria Technologie & Systemtechnik 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.
* 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 PS Ratio of 3.83 mean?
AT&S Austria Technologie & Systemtechnik AG (ASAAF) has a Cyclically Adjusted PS Ratio of 3.83 as of Aug. 05, 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 AT&S Austria Technologie & Systemtechnik AG and its competitors. This is 367% above median its historical median of 0.82. Over the past decade, AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PS Ratio has ranged from 0.30 to 5.50. According to the industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1465 out of 1974 companies in the Hardware industry, placing it in the top 74.2%.
Is AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PS Ratio too high?
AT&S Austria Technologie & Systemtechnik AG's current Cyclically Adjusted PS Ratio of 3.83 is 367% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 5.50. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. AT&S Austria Technologie & Systemtechnik AG's value of 3.83 is 186.9% above this industry median. Based on the distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1465 out of 1974 companies in the Hardware industry, which is below the industry midpoint. Overall, AT&S Austria Technologie & Systemtechnik AG has a GF Score™ of 70/100 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 PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1465 out of 1974 companies for Cyclically Adjusted PS Ratio. This places AT&S Austria Technologie & Systemtechnik AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. AT&S Austria Technologie & Systemtechnik AG's value of 3.83 is 186.9% above this benchmark. Historically, AT&S Austria Technologie & Systemtechnik AG's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 5.50 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.34, 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 PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,974 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. AT&S Austria Technologie & Systemtechnik AG's current Cyclically Adjusted PS Ratio of 3.83 is 186.9% 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 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 AT&S Austria Technologie & Systemtechnik AG and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — 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 PS Ratio is 3.83, which is 367% above median its own 10-year median of 0.82. 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 (ASAAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $33.58, compared to a current price of $171.60 — trading 411% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.83, which is 367% above median its 10-year median of 0.82 and 186.9% above the Hardware industry median of 1.34. AT&S Austria Technologie & Systemtechnik AG's overall GF Score™ is 70/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For AT&S Austria Technologie & Systemtechnik AG (ASAAF), the current Cyclically Adjusted PS Ratio is 3.83 as of Aug. 05, 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 (ASAAF) Overvalued in 2026?
Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG stock appears to be overvalued.
The current stock price of $171.60 is trading 411% above its estimated GF Value™ of $33.58.
GuruFocus considers AT&S Austria Technologie & Systemtechnik AG to be Significantly Overvalued.
Key valuation signals for ASAAF:
Cyclically Adjusted PS Ratio: 3.83 (367% above median its 10-year median of 0.82)
GF Value™: $33.58 vs. price of $171.60 (411% above fair value)
Industry Position: 186.9% above the Hardware median (#1465 of 1974)
No single metric tells the full story. See the ASAAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
70GF Score
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