ATRO (Astronics) Cyclically Adjusted PS Ratio: 3.64 (As of Jul. 02, 2026) — 257% Above Median


ATRO Astronics Corp ATRO
56 GF Score
Price $72.28
GF Value $19.50
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Astronics Cyclically Adjusted PS Ratio?

Astronics ATRO -4.96% 56 Cyclically Adjusted PS Ratio is 3.64 as of Jul. 02, 2026, which is 257% above its 10-year median of 1.02. GuruFocus rates ATRO with a GF Score™ of 56/100 and a GF Value™ of $19.50 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 224 Aerospace & Defense companies, Astronics ranks worse than 58.04% on this metric.

As of today (2026-07-02), Astronics's current share price is $72.28. Astronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $19.87. Astronics's Cyclically Adjusted PS Ratio for today is 3.64.

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

ATRO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.02   Max: 4.24
Current: 3.83

During the past years, Astronics's highest Cyclically Adjusted PS Ratio was 4.24. The lowest was 0.36. And the median was 1.02.

ATRO's Cyclically Adjusted PS Ratio is ranked worse than
58.04% of 224 companies
in the Aerospace & Defense industry
Industry Median: 3.085 vs ATRO: 3.83

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.

Astronics's adjusted revenue per share data for the three months ended in Mar. 2026 was $5.028. 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 $19.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Astronics  (NAS:ATRO) 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.


Astronics Cyclically Adjusted PS Ratio Related Terms


Astronics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Astronics'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.

Astronics Cyclically Adjusted PS Ratio Chart

Astronics 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 0.62 0.48 0.77 0.69 2.32

Astronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.04 1.43 1.94 2.32 2.80

ATRO vs FLY, BETA, ACHR: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, Astronics'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.


Astronics Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Astronics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ATRO
56GF Score
Astronics Corp ATRO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Astronics 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.

Astronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=72.28/19.87
=3.64

* 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.

Astronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Astronics's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.028/330.2130*330.2130
=5.028

Current CPI (Mar. 2026) = 330.2130.

Astronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.942 241.018 5.401
201609 3.770 241.428 5.156
201612 3.756 241.432 5.137
201703 3.659 243.801 4.956
201706 3.639 244.955 4.906
201709 3.739 246.819 5.002
201712 4.432 246.524 5.937
201803 4.520 249.554 5.981
201806 5.248 251.989 6.877
201809 5.376 252.439 7.032
201812 5.057 251.233 6.647
201903 5.223 254.202 6.785
201906 4.750 256.143 6.124
201909 4.527 256.759 5.822
201912 5.363 256.974 6.891
202003 4.262 258.115 5.452
202006 3.352 257.797 4.294
202009 2.884 260.280 3.659
202012 3.102 260.474 3.933
202103 2.855 264.877 3.559
202106 2.995 271.696 3.640
202109 3.011 274.310 3.625
202112 3.074 278.802 3.641
202203 3.032 287.504 3.482
202206 3.354 296.311 3.738
202209 3.397 296.808 3.779
202212 4.068 296.797 4.526
202303 4.013 301.836 4.390
202306 4.458 305.109 4.825
202309 4.114 307.789 4.414
202312 4.745 306.746 5.108
202403 4.424 312.332 4.677
202406 4.644 314.175 4.881
202409 4.848 315.301 5.077
202412 4.928 315.605 5.156
202503 3.995 319.799 4.125
202506 4.690 322.561 4.801
202509 4.974 324.800 5.057
202512 5.034 324.054 5.130
202603 5.028 330.213 5.028

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 3.64 mean?
Astronics (ATRO) has a Cyclically Adjusted PS Ratio of 3.64 as of Jul. 02, 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 Astronics and its competitors. This is 257% above median its historical median of 1.02. Over the past decade, Astronics' Cyclically Adjusted PS Ratio has ranged from 0.36 to 4.24. According to the industry distribution chart, Astronics ranks #130 out of 224 companies in the Aerospace & Defense industry, placing it in the top 58%.
Is Astronics' Cyclically Adjusted PS Ratio too high?
Astronics' current Cyclically Adjusted PS Ratio of 3.64 is 257% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 4.24. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.09. Astronics' value of 3.64 is 18% above this industry median. Based on the distribution chart, Astronics ranks #130 out of 224 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Astronics has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astronics' Cyclically Adjusted PS Ratio compare to FLY and BETA?
According to the Aerospace & Defense industry distribution chart, Astronics ranks #130 out of 224 companies for Cyclically Adjusted PS Ratio. This places Astronics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.09. Astronics' value of 3.64 is 18% above this benchmark. Historically, Astronics' own Cyclically Adjusted PS Ratio has ranged from 0.36 to 4.24 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 3.09, Astronics 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 an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 3.09, based on 224 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. Astronics's current Cyclically Adjusted PS Ratio of 3.64 is 18% 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 Astronics and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astronics's current Cyclically Adjusted PS Ratio is 3.64, which is 257% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astronics stock overvalued right now?
Based on GuruFocus' analysis, Astronics (ATRO) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.50, compared to a current price of $72.28 — trading 270.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.64, which is 257% above median its 10-year median of 1.02 and 18% above the Aerospace & Defense industry median of 3.09. Astronics' overall GF Score™ is 56/100 with 4 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 Astronics (ATRO), the current Cyclically Adjusted PS Ratio is 3.64 as of Jul. 02, 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 Astronics (ATRO) Overvalued in 2026?

Based on GuruFocus' analysis, Astronics stock appears to be overvalued. The current stock price of $72.28 is trading 270.7% above its estimated GF Value™ of $19.50. GuruFocus considers Astronics to be Significantly Overvalued.

Key valuation signals for ATRO:

  • Cyclically Adjusted PS Ratio: 3.64 (257% above median its 10-year median of 1.02)
  • GF Value™: $19.50 vs. price of $72.28 (270.7% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 18% above the Aerospace & Defense median (#130 of 224)

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


Astronics Business Description

Address 130 Commerce Way, East Aurora, NY, USA, 14052
Astronics Corporation is a provider of technologies to the aerospace, defense, and electronics industries, offering high-performance electrical power generation and distribution systems, motion systems, lighting and safety systems, avionics products, systems certification, aircraft structures, and automated test systems. The company operates through two reportable segments, Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the aerospace and defense industry and generates the majority of revenue, while the Test Systems segment designs, develops, manufactures, and maintains automated test systems for the aerospace and defense, communications, and mass transit industries. The company derives the majority of its revenue from the United States.
56GF Score

Get the complete analysis for ATRO

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

$72.28
Price
$19.50
GF Value