Evonik Industries AG (FRA:EVK) Cyclically Adjusted PS Ratio: 0.46 (As of Jul. 23, 2026) — 23% Below Median

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FRA:EVK Evonik Industries AG FRA:EVK
74 GF Score
Price €16.60
GF Value €16.14
Valuation Fairly Valued
! 9 Warning Signs
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What is Evonik Industries AG Cyclically Adjusted PS Ratio?

Evonik Industries AG FRA:EVK +0.67% 74 Cyclically Adjusted PS Ratio is 0.46 as of Jul. 23, 2026, which is 23% below its 10-year median of 0.60. GuruFocus rates FRA:EVK with a GF Score™ of 74/100 and a GF Value™ of €16.14 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,277 Chemicals companies, Evonik Industries AG ranks better than 79.64% on this metric.

As of today (2026-07-23), Evonik Industries AG's current share price is €16.60. Evonik Industries AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €36.15. Evonik Industries AG's Cyclically Adjusted PS Ratio for today is 0.46.

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

FRA:EVK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.6   Max: 1.01
Current: 0.47

During the past years, Evonik Industries AG's highest Cyclically Adjusted PS Ratio was 1.01. The lowest was 0.36. And the median was 0.60.

FRA:EVK's Cyclically Adjusted PS Ratio is ranked better than
79.64% of 1277 companies
in the Chemicals industry
Industry Median: 1.29 vs FRA:EVK: 0.47

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.

Evonik Industries AG's adjusted revenue per share data for the three months ended in Mar. 2026 was €7.402. 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 €36.15 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evonik Industries AG  (FRA:EVK) 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.


Evonik Industries AG Cyclically Adjusted PS Ratio Related Terms


Evonik Industries AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Evonik Industries 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.

Evonik Industries AG Cyclically Adjusted PS Ratio Chart

Evonik Industries 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 0.92 0.53 0.53 0.47 0.38

Evonik Industries AG 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 0.56 0.49 0.41 0.38 0.47

FRA:EVK vs LIN, SHW, ECL: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Evonik Industries 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.


Evonik Industries AG Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


FRA:EVK
74GF Score
Evonik Industries AG FRA:EVK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evonik Industries 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.

Evonik Industries AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.60/36.15
=0.46

* 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.

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

For example, Evonik Industries AG'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)
=7.402/131.2583*131.2583
=7.402

Current CPI (Mar. 2026) = 131.2583.

Evonik Industries AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.911 100.717 9.007
201609 6.810 101.017 8.849
201612 6.842 101.217 8.873
201703 7.803 101.417 10.099
201706 7.797 102.117 10.022
201709 7.676 102.717 9.809
201712 7.675 102.617 9.817
201803 6.918 102.917 8.823
201806 7.290 104.017 9.199
201809 7.223 104.718 9.054
201812 7.011 104.217 8.830
201903 7.014 104.217 8.834
201906 7.105 105.718 8.822
201909 6.927 106.018 8.576
201912 7.067 105.818 8.766
202003 6.985 105.718 8.673
202006 5.952 106.618 7.328
202009 6.265 105.818 7.771
202012 6.978 105.518 8.680
202103 7.222 107.518 8.817
202106 7.839 108.486 9.485
202109 8.236 109.435 9.878
202112 8.842 110.384 10.514
202203 9.598 113.968 11.054
202206 10.283 115.760 11.660
202209 10.485 118.818 11.583
202212 9.286 119.345 10.213
202303 8.521 122.402 9.138
202306 8.348 123.140 8.898
202309 8.249 124.195 8.718
202312 7.895 123.773 8.372
202403 8.030 125.038 8.429
202406 7.860 125.882 8.196
202409 8.248 126.198 8.579
202412 7.798 127.041 8.057
202503 8.105 127.779 8.326
202506 7.581 128.412 7.749
202509 7.358 129.255 7.472
202512 7.304 129.361 7.411
202603 7.402 131.258 7.402

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 0.46 mean?
Evonik Industries AG (FRA:EVK) has a Cyclically Adjusted PS Ratio of 0.46 as of Jul. 23, 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 Evonik Industries AG and its competitors. This is 23% below median its historical median of 0.60. Over the past decade, Evonik Industries AG's Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.01. According to the industry distribution chart, Evonik Industries AG ranks #260 out of 1277 companies in the Chemicals industry, placing it in the top 20.4%.
Is Evonik Industries AG's Cyclically Adjusted PS Ratio too high?
Evonik Industries AG's current Cyclically Adjusted PS Ratio of 0.46 is 23% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.01. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Evonik Industries AG's value of 0.46 is 64.3% below this industry median. Based on the distribution chart, Evonik Industries AG ranks #260 out of 1277 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Evonik Industries AG has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evonik Industries AG's Cyclically Adjusted PS Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Evonik Industries AG ranks #260 out of 1277 companies for Cyclically Adjusted PS Ratio. This places Evonik Industries AG in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.29. Evonik Industries AG's value of 0.46 is 64.3% below this benchmark. Historically, Evonik Industries AG's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.01 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.29, Evonik Industries AG 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 a Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,277 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. Evonik Industries AG's current Cyclically Adjusted PS Ratio of 0.46 is 64.3% 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 Evonik Industries AG and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evonik Industries AG's current Cyclically Adjusted PS Ratio is 0.46, which is 23% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evonik Industries AG stock overvalued right now?
Based on GuruFocus' analysis, Evonik Industries AG (FRA:EVK) is currently considered Fairly Valued. The stock's GF Value™ is €16.14, compared to a current price of €16.60 — trading 2.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.46, which is 23% below median its 10-year median of 0.60 and 64.3% below the Chemicals industry median of 1.29. Evonik Industries AG's overall GF Score™ is 74/100 with 9 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 Evonik Industries AG (FRA:EVK), the current Cyclically Adjusted PS Ratio is 0.46 as of Jul. 23, 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 Evonik Industries AG (FRA:EVK) Overvalued in 2026?

Based on GuruFocus' analysis, Evonik Industries AG stock appears to be overvalued. The current stock price of €16.60 is trading 2.9% above its estimated GF Value™ of €16.14. GuruFocus considers Evonik Industries AG to be Fairly Valued.

Key valuation signals for FRA:EVK:

  • Cyclically Adjusted PS Ratio: 0.46 (23% below median its 10-year median of 0.60)
  • GF Value™: €16.14 vs. price of €16.60 (2.9% above fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 64.3% below the Chemicals median (#260 of 1277)

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


Evonik Industries AG Business Description

Address Rellinghauser Strasse 1-11, Essen, NW, DEU, 45128
Evonik Industries AG is a chemicals company that develops and manufactures specialty chemicals and solutions for a wide range of industries. Its products include high-performance polymers, hydrogen peroxide, silicas, additives for coatings and adhesives, and amino acids for animal nutrition. It operates through three segments: Advanced Technologies, which focuses on technology-driven businesses such as high-performance polymers, silicas, and hydrogen peroxide; Custom Solutions, which develops additives, catalysts, and ingredients for personal care and pharmaceutical applications; and Infrastructure, which provides site-related infrastructure services and includes the Oxeno C4 chemicals business. It generates sales across Europe, Middle East & Africa, the Americas, and Asia-Pacific.
74GF Score

Get the complete analysis for FRA:EVK

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

€16.60
Price
€16.14
GF Value