Atlas Copco AB (CHIX:ATCOAS) Cyclically Adjusted PS Ratio: 6.43 (As of Jul. 21, 2026) — 20% Above Median

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CHIX:ATCOAS Atlas Copco AB CHIX:ATCOAS
89 GF Score
Price kr193.63
GF Value kr170.83
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Atlas Copco AB Cyclically Adjusted PS Ratio?

Atlas Copco AB CHIX:ATCOAS 89 Cyclically Adjusted PS Ratio is 6.43 as of Jul. 21, 2026, which is 20% above its 10-year median of 5.34. GuruFocus rates CHIX:ATCOAS with a GF Score™ of 89/100 and a GF Value™ of kr170.83 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,298 Industrial Products companies, Atlas Copco AB ranks worse than 86.99% on this metric.

As of today (2026-07-21), Atlas Copco AB's current share price is kr193.625. Atlas Copco AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was kr30.11. Atlas Copco AB's Cyclically Adjusted PS Ratio for today is 6.43.

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

CHIX:ATCOAs' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.77   Med: 5.34   Max: 7.41
Current: 6.45

During the past years, Atlas Copco AB's highest Cyclically Adjusted PS Ratio was 7.41. The lowest was 2.77. And the median was 5.34.

CHIX:ATCOAs's Cyclically Adjusted PS Ratio is ranked worse than
86.99% of 2298 companies
in the Industrial Products industry
Industry Median: 1.74 vs CHIX:ATCOAs: 6.45

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.

Atlas Copco AB's adjusted revenue per share data for the three months ended in Jun. 2026 was kr9.214. 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 kr30.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Copco AB  (CHIX:ATCOAs) 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.


Atlas Copco AB Cyclically Adjusted PS Ratio Related Terms


Atlas Copco AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Atlas Copco AB'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.

Atlas Copco AB Cyclically Adjusted PS Ratio Chart

Atlas Copco AB 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 7.27 4.95 6.36 5.91 5.65

Atlas Copco AB 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 5.26 5.45 5.65 5.50 6.53

CHIX:ATCOAS vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Atlas Copco AB'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.


Atlas Copco AB Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atlas Copco AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:ATCOAS
89GF Score
Atlas Copco AB CHIX:ATCOAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlas Copco AB 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.

Atlas Copco AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=193.625/30.11
=6.43

* 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.

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

For example, Atlas Copco AB'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)
=9.214/134.1100*134.1100
=9.214

Current CPI (Jun. 2026) = 134.1100.

Atlas Copco AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.307 101.138 7.037
201612 5.850 102.022 7.690
201703 4.232 102.022 5.563
201706 4.402 102.752 5.745
201709 4.327 103.279 5.619
201712 4.652 103.793 6.011
201803 4.506 103.962 5.813
201806 5.031 104.875 6.433
201809 4.871 105.679 6.181
201812 5.212 105.912 6.600
201903 4.982 105.886 6.310
201906 5.263 106.742 6.612
201909 5.483 107.214 6.858
201912 5.606 107.766 6.976
202003 5.157 106.563 6.490
202006 4.956 107.498 6.183
202009 5.107 107.635 6.363
202012 5.272 108.296 6.529
202103 5.337 108.360 6.605
202106 5.643 108.928 6.948
202109 5.697 110.338 6.924
202112 6.043 112.486 7.205
202203 6.164 114.825 7.199
202206 6.793 118.384 7.695
202209 7.814 122.296 8.569
202212 8.216 126.365 8.720
202303 8.175 127.042 8.630
202306 8.888 129.407 9.211
202309 9.116 130.224 9.388
202312 9.211 131.912 9.364
202403 8.789 132.205 8.916
202406 9.176 132.716 9.272
202409 8.828 132.304 8.948
202412 9.421 132.987 9.501
202503 8.764 132.825 8.849
202506 8.459 133.699 8.485
202509 8.543 133.480 8.583
202512 8.779 133.390 8.826
202603 8.312 133.560 8.346
202606 9.214 134.110 9.214

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 6.43 mean?
Atlas Copco AB (CHIX:ATCOAS) has a Cyclically Adjusted PS Ratio of 6.43 as of Jul. 21, 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 Atlas Copco AB and its competitors. This is 20% above median its historical median of 5.34. Over the past decade, Atlas Copco AB's Cyclically Adjusted PS Ratio has ranged from 2.77 to 7.41. According to the industry distribution chart, Atlas Copco AB ranks #1999 out of 2298 companies in the Industrial Products industry, placing it in the top 87%.
Is Atlas Copco AB's Cyclically Adjusted PS Ratio too high?
Atlas Copco AB's current Cyclically Adjusted PS Ratio of 6.43 is 20% above median its 10-year median of 5.34. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 7.41. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.74. Atlas Copco AB's value of 6.43 is 269.5% above this industry median. Based on the distribution chart, Atlas Copco AB ranks #1999 out of 2298 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Atlas Copco AB has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Copco AB's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Atlas Copco AB ranks #1999 out of 2298 companies for Cyclically Adjusted PS Ratio. This places Atlas Copco AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.74. Atlas Copco AB's value of 6.43 is 269.5% above this benchmark. Historically, Atlas Copco AB's own Cyclically Adjusted PS Ratio has ranged from 2.77 to 7.41 over the past decade. While the company's 10-year median is 5.34 vs. the industry median of 1.74, Atlas Copco AB 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 Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.74, based on 2,298 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. Atlas Copco AB's current Cyclically Adjusted PS Ratio of 6.43 is 269.5% 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 Atlas Copco AB and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Copco AB's current Cyclically Adjusted PS Ratio is 6.43, which is 20% above median its own 10-year median of 5.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Copco AB stock overvalued right now?
Based on GuruFocus' analysis, Atlas Copco AB (CHIX:ATCOAS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr170.83, compared to a current price of kr193.63 — trading 13.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.43, which is 20% above median its 10-year median of 5.34 and 269.5% above the Industrial Products industry median of 1.74. Atlas Copco AB's overall GF Score™ is 89/100 with 6 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 Atlas Copco AB (CHIX:ATCOAS), the current Cyclically Adjusted PS Ratio is 6.43 as of Jul. 21, 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 Atlas Copco AB (CHIX:ATCOAS) Overvalued in 2026?

Based on GuruFocus' analysis, Atlas Copco AB stock appears to be overvalued. The current stock price of kr193.63 is trading 13.3% above its estimated GF Value™ of kr170.83. GuruFocus considers Atlas Copco AB to be Modestly Overvalued.

Key valuation signals for CHIX:ATCOAS:

  • Cyclically Adjusted PS Ratio: 6.43 (20% above median its 10-year median of 5.34)
  • GF Value™: kr170.83 vs. price of kr193.63 (13.3% above fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 269.5% above the Industrial Products median (#1999 of 2298)

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


Atlas Copco AB Business Description

Address Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.
89GF Score

Get the complete analysis for CHIX:ATCOAS

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

kr193.63
Price
kr170.83
GF Value