Avnet (AVT) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

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.

AVT Avnet Inc AVT
81 GF Score
Price $96.12
GF Value $72.00
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Avnet Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avnet  (NAS:AVT) 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.


Avnet Cyclically Adjusted PS Ratio Related Terms


Avnet Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Avnet'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.

Avnet Cyclically Adjusted PS Ratio Chart

Avnet Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.23 0.23 0.23 0.35

Avnet 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 0.22 0.22 0.20 0.25 0.34

AVT vs NSIT, ARW, NLST: Cyclically Adjusted PS Ratio Comparison

For the Electronics & Computer Distribution subindustry, Avnet'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.


Avnet Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Avnet's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


AVT
81GF Score
Avnet Inc AVT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avnet 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.

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

For example, Avnet'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)
=97.946/333.9520*333.9520
=97.946

Current CPI (Jun. 2026) = 333.9520.

Avnet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 32.162 241.428 44.488
201612 32.786 241.432 45.350
201703 34.318 243.801 47.008
201706 36.833 244.955 50.215
201709 37.593 246.819 50.864
201712 37.139 246.524 50.310
201803 40.092 249.554 53.651
201806 42.925 251.989 56.887
201809 43.701 252.439 57.812
201812 45.298 251.233 60.212
201903 43.179 254.202 56.725
201906 44.320 256.143 57.783
201909 44.359 256.759 57.695
201912 44.765 256.974 58.175
202003 43.324 258.115 56.053
202006 42.007 257.797 54.416
202009 47.757 260.280 61.275
202012 46.713 260.474 59.890
202103 49.046 264.877 61.836
202106 51.940 271.696 63.841
202109 55.231 274.310 67.240
202112 58.485 278.802 70.054
202203 65.217 287.504 75.753
202206 64.771 296.311 72.999
202209 70.582 296.808 79.415
202212 72.422 296.797 81.488
202303 70.462 301.836 77.959
202306 70.764 305.109 77.454
202309 67.995 307.789 73.775
202312 67.598 306.746 73.593
202403 61.953 312.332 66.241
202406 61.050 314.175 64.893
202409 62.692 315.301 66.400
202412 64.118 315.605 67.845
202503 61.184 319.799 63.892
202506 66.047 322.561 68.379
202509 69.837 324.800 71.805
202512 76.328 324.054 78.659
202603 85.853 330.213 86.825
202606 97.946 333.952 97.946

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.

Is Avnet (AVT) Overvalued in 2026?

Based on GuruFocus' analysis, Avnet stock appears to be overvalued. The current stock price of $96.12 is trading 33.5% above its estimated GF Value™ of $72.00. GuruFocus considers Avnet to be Significantly Overvalued.

Key valuation signals for AVT:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $72.00 vs. price of $96.12 (33.5% above fair value)
  • GF Score™: 81/100 with 9 warning signs

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


Avnet Business Description

Other Exchanges VNI:Germany
Address 2211 South 47th Street, Phoenix, AZ, USA, 85034
Avnet Inc is an electronic component technology distributor and solutions provider. It serves customers from startups and mid-sized businesses to enterprise-level original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, and original design manufacturers (ODMs). The group operates in the Electronic Components segment and supports high and medium-volume customers to markets, sells, and distributes electronic components, and the Farnell segment supports lower-volume customers that need electronic components quickly to develop, prototype, and test their products. Its geographic regions are the Americas, EMEA, and Asia.
81GF Score

Get the complete analysis for AVT

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

$96.12
Price
$72.00
GF Value