Vestas Wind Systems AS (CHIX:VWSC) Cyclically Adjusted PS Ratio: 1.47 (As of Jul. 13, 2026) — 24% Below Median


CHIX:VWSC Vestas Wind Systems AS CHIX:VWSC
81 GF Score
Price kr173.83
GF Value kr196.11
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vestas Wind Systems AS Cyclically Adjusted PS Ratio?

Vestas Wind Systems AS CHIX:VWSC -2.46% 81 Cyclically Adjusted PS Ratio is 1.47 as of Jul. 13, 2026, which is 24% below its 10-year median of 1.93. GuruFocus rates CHIX:VWSC with a GF Score™ of 81/100 and a GF Value™ of kr196.11 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,296 Industrial Products companies, Vestas Wind Systems AS ranks better than 54.88% on this metric.

As of today (2026-07-13), Vestas Wind Systems AS's current share price is kr173.825. Vestas Wind Systems AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr117.89. Vestas Wind Systems AS's Cyclically Adjusted PS Ratio for today is 1.47.

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

CHIX:VWSc' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.93   Max: 4.52
Current: 1.51

During the past years, Vestas Wind Systems AS's highest Cyclically Adjusted PS Ratio was 4.52. The lowest was 0.80. And the median was 1.93.

CHIX:VWSc's Cyclically Adjusted PS Ratio is ranked better than
54.88% of 2296 companies
in the Industrial Products industry
Industry Median: 1.85 vs CHIX:VWSc: 1.51

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.

Vestas Wind Systems AS's adjusted revenue per share data for the three months ended in Mar. 2026 was kr28.920. 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 kr117.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vestas Wind Systems AS  (CHIX:VWSc) 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.


Vestas Wind Systems AS Cyclically Adjusted PS Ratio Related Terms


Vestas Wind Systems AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Cyclically Adjusted PS Ratio Chart

Vestas Wind Systems AS 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 2.57 2.27 2.23 0.93 1.52

Vestas Wind Systems AS 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 0.88 0.87 1.07 1.52 1.64

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

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS'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.


Vestas Wind Systems AS Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems AS's Cyclically Adjusted PS Ratio falls into.


CHIX:VWSC
81GF Score
Vestas Wind Systems AS CHIX:VWSC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vestas Wind Systems AS 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.

Vestas Wind Systems AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=173.825/117.89
=1.47

* 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.

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

For example, Vestas Wind Systems AS'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)
=28.92/121.6800*121.6800
=28.920

Current CPI (Mar. 2026) = 121.6800.

Vestas Wind Systems AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 17.243 100.600 20.856
201609 19.601 100.200 23.803
201612 22.754 100.300 27.604
201703 13.146 101.200 15.806
201706 15.351 101.200 18.458
201709 19.208 101.800 22.959
201712 22.209 101.300 26.677
201803 12.369 101.700 14.799
201806 16.840 102.300 20.030
201809 20.620 102.400 24.502
201812 25.529 102.100 30.425
201903 13.430 102.900 15.881
201906 15.847 102.900 18.739
201909 27.219 102.900 32.187
201912 35.792 102.900 42.324
202003 17.064 103.300 20.100
202006 37.721 103.200 44.476
202009 36.229 103.500 42.593
202012 30.740 103.400 36.174
202103 15.023 104.300 17.526
202106 25.655 105.000 29.730
202109 39.390 105.800 45.302
202112 32.079 106.600 36.617
202203 18.297 109.900 20.258
202206 24.804 113.600 26.568
202209 29.717 116.400 31.065
202212 34.824 115.900 36.561
202303 20.849 117.300 21.628
202306 26.640 116.400 27.848
202309 33.582 117.400 34.806
202312 35.691 116.700 37.214
202403 20.578 118.400 21.148
202406 24.911 118.500 25.579
202409 39.512 118.900 40.436
202412 42.782 118.900 43.782
202503 25.854 120.200 26.172
202506 26.192 120.700 26.405
202509 39.584 121.600 39.610
202512 45.723 121.200 45.904
202603 28.920 121.680 28.920

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 1.47 mean?
Vestas Wind Systems AS (CHIX:VWSC) has a Cyclically Adjusted PS Ratio of 1.47 as of Jul. 13, 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 Vestas Wind Systems AS and its competitors. This is 24% below median its historical median of 1.93. Over the past decade, Vestas Wind Systems AS's Cyclically Adjusted PS Ratio has ranged from 0.80 to 4.52. According to the industry distribution chart, Vestas Wind Systems AS ranks #1036 out of 2296 companies in the Industrial Products industry, placing it in the top 45.1%.
Is Vestas Wind Systems AS's Cyclically Adjusted PS Ratio too high?
Vestas Wind Systems AS's current Cyclically Adjusted PS Ratio of 1.47 is 24% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 4.52. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.85. Vestas Wind Systems AS's value of 1.47 is 20.5% below this industry median. Based on the distribution chart, Vestas Wind Systems AS ranks #1036 out of 2296 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Vestas Wind Systems AS has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Vestas Wind Systems AS ranks #1036 out of 2296 companies for Cyclically Adjusted PS Ratio. This puts Vestas Wind Systems AS in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. Vestas Wind Systems AS's value of 1.47 is 20.5% below this benchmark. Historically, Vestas Wind Systems AS's own Cyclically Adjusted PS Ratio has ranged from 0.80 to 4.52 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.85, Vestas Wind Systems AS 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 1.85, based on 2,296 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. Vestas Wind Systems AS's current Cyclically Adjusted PS Ratio of 1.47 is 20.5% 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 Vestas Wind Systems AS and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestas Wind Systems AS's current Cyclically Adjusted PS Ratio is 1.47, which is 24% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (CHIX:VWSC) is currently considered Modestly Undervalued. The stock's GF Value™ is kr196.11, compared to a current price of kr173.83 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.47, which is 24% below median its 10-year median of 1.93 and 20.5% below the Industrial Products industry median of 1.85. Vestas Wind Systems AS's overall GF Score™ is 81/100 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 Vestas Wind Systems AS (CHIX:VWSC), the current Cyclically Adjusted PS Ratio is 1.47 as of Jul. 13, 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 Vestas Wind Systems AS (CHIX:VWSC) Overvalued in 2026?

Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued. The current stock price of kr173.83 is trading 11.4% below its estimated GF Value™ of kr196.11. GuruFocus considers Vestas Wind Systems AS to be Modestly Undervalued.

Key valuation signals for CHIX:VWSC:

  • Cyclically Adjusted PS Ratio: 1.47 (24% below median its 10-year median of 1.93)
  • GF Value™: kr196.11 vs. price of kr173.83 (11.4% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 20.5% below the Industrial Products median (#1036 of 2296)

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


Vestas Wind Systems AS Business Description

Address Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
81GF Score

Get the complete analysis for CHIX:VWSC

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

kr173.83
Price
kr196.11
GF Value