COVTY (Covestro AG) Cyclically Adjusted PS Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

COVTY Covestro AG COVTY
63 GF Score
Price $34.16
GF Value $24.71
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Covestro AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Covestro AG  (OTCPK:COVTY) 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.


Covestro AG Cyclically Adjusted PS Ratio Related Terms


Covestro AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Covestro AG'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.

Covestro AG Cyclically Adjusted PS Ratio Chart

Covestro AG 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 0.00 0.00 0.00 0.66 0.72

Covestro AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.69 0.71 0.69 0.72 0.00

COVTY vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Covestro 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.


Covestro AG Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Covestro AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


COVTY
63GF Score
Covestro AG COVTY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Covestro 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.

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

For example, Covestro AG'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)
=0/131.3638*131.3638
=0.000

Current CPI (Jun. 2026) = 131.3638.

Covestro AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.295 100.717 10.819
201609 8.375 101.017 10.891
201612 7.858 101.217 10.198
201703 9.470 101.417 12.266
201706 9.705 102.117 12.485
201709 10.395 102.717 13.294
201712 10.313 102.617 13.202
201803 11.714 102.917 14.952
201806 11.477 104.017 14.494
201809 11.299 104.718 14.174
201812 10.088 104.217 12.716
201903 9.818 104.217 12.375
201906 9.929 105.718 12.338
201909 9.522 106.018 11.798
201912 8.727 105.818 10.834
202003 8.408 105.718 10.448
202006 6.639 106.618 8.180
202009 8.889 105.818 11.035
202012 9.574 105.518 11.919
202103 10.192 107.518 12.452
202106 12.338 108.486 14.940
202109 13.101 109.435 15.726
202112 12.687 110.384 15.098
202203 13.351 113.968 15.389
202206 12.940 115.760 14.684
202209 12.113 118.818 13.392
202212 10.744 119.345 11.826
202303 10.549 122.402 11.321
202306 10.677 123.140 11.390
202309 10.088 124.195 10.670
202312 9.667 123.773 10.260
202403 10.107 125.038 10.618
202406 10.522 125.882 10.980
202409 10.594 126.198 11.028
202412 9.365 127.041 9.684
202503 9.958 127.779 10.237
202506 10.325 128.412 10.562
202509 9.860 129.255 10.021
202512 8.829 129.361 8.966
202606 0.000 131.364 0.000

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 Covestro AG (COVTY) Overvalued in 2026?

Based on GuruFocus' analysis, Covestro AG stock appears to be overvalued. The current stock price of $34.16 is trading 38.2% above its estimated GF Value™ of $24.71. GuruFocus considers Covestro AG to be Significantly Overvalued.

Key valuation signals for COVTY:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $24.71 vs. price of $34.16 (38.2% above fair value)
  • GF Score™: 63/100 with 6 warning signs

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


Covestro AG Business Description

Other Exchanges 1COV:Germany
Address Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373
Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates products. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from the Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
63GF Score

Get the complete analysis for COVTY

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

$34.16
Price
$24.71
GF Value