Newag (FRA:N0GA) Cyclically Adjusted PS Ratio: 2.70 (As of Aug. 24, 2026) — 125% Above Median

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FRA:N0GA Newag SA FRA:N0GA
89 GF Score
Price €21.25
GF Value €16.18
Valuation Significantly Overvalued
View Full Analysis

What is Newag Cyclically Adjusted PS Ratio?

Newag FRA:N0GA -0.70% 89 Cyclically Adjusted PS Ratio is 2.70 as of Aug. 24, 2026, which is 125% above its 10-year median of 1.20. GuruFocus rates FRA:N0GA with a GF Score™ of 89/100 and a GF Value™ of €16.18 (Significantly Overvalued). Among 761 Transportation companies, Newag ranks worse than 79.63% on this metric.

As of today (2026-08-24), Newag's current share price is €21.25. Newag's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €7.86. Newag's Cyclically Adjusted PS Ratio for today is 2.70.

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

FRA:N0GA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.2   Max: 3.87
Current: 2.7

During the past years, Newag's highest Cyclically Adjusted PS Ratio was 3.87. The lowest was 0.51. And the median was 1.20.

FRA:N0GA's Cyclically Adjusted PS Ratio is ranked worse than
79.63% of 761 companies
in the Transportation industry
Industry Median: 0.93 vs FRA:N0GA: 2.70

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.

Newag's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.229. 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 €7.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Newag  (FRA:N0GA) 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.


Newag Cyclically Adjusted PS Ratio Related Terms


Newag Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Newag'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.

Newag Cyclically Adjusted PS Ratio Chart

Newag 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 0.51 0.76 1.39 2.88

Newag 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 2.07 2.32 2.58 2.88 3.08

FRA:N0GA vs UNP, CSX, NSC: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, Newag'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.


Newag Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Newag's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:N0GA
89GF Score
Newag SA FRA:N0GA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newag 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.

Newag's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.25/7.86
=2.70

* 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.

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

For example, Newag'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)
=2.229/163.0700*163.0700
=2.229

Current CPI (Mar. 2026) = 163.0700.

Newag Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.763 99.552 1.250
201609 0.627 99.064 1.032
201612 1.163 100.366 1.890
201703 0.868 101.018 1.401
201706 0.619 101.180 0.998
201709 0.889 101.343 1.430
201712 1.781 102.564 2.832
201803 0.629 102.564 1.000
201806 1.346 103.378 2.123
201809 0.777 103.378 1.226
201812 2.626 103.785 4.126
201903 0.745 104.274 1.165
201906 1.264 105.983 1.945
201909 0.838 105.983 1.289
201912 1.870 107.123 2.847
202003 1.409 109.076 2.106
202006 1.581 109.402 2.357
202009 1.233 109.320 1.839
202012 2.720 109.565 4.048
202103 1.445 112.658 2.092
202106 0.410 113.960 0.587
202109 1.795 115.588 2.532
202112 1.206 119.088 1.651
202203 1.167 125.031 1.522
202206 0.885 131.705 1.096
202209 1.423 135.531 1.712
202212 1.743 139.113 2.043
202303 1.463 145.950 1.635
202306 0.873 147.009 0.968
202309 1.281 146.113 1.430
202312 2.930 147.741 3.234
202403 1.190 149.044 1.302
202406 1.868 150.997 2.017
202409 2.995 153.439 3.183
202412 2.342 154.660 2.469
202503 1.985 157.021 2.061
202506 2.503 157.509 2.591
202509 4.873 158.000 5.029
202512 3.202 158.320 3.298
202603 2.229 163.070 2.229

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 2.70 mean?
Newag (FRA:N0GA) has a Cyclically Adjusted PS Ratio of 2.70 as of Aug. 24, 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 Newag and its competitors. This is 125% above median its historical median of 1.20. Over the past decade, Newag's Cyclically Adjusted PS Ratio has ranged from 0.51 to 3.87. According to the industry distribution chart, Newag ranks #606 out of 761 companies in the Transportation industry, placing it in the top 79.6%.
Is Newag's Cyclically Adjusted PS Ratio too high?
Newag's current Cyclically Adjusted PS Ratio of 2.70 is 125% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 3.87. The Transportation industry median Cyclically Adjusted PS Ratio is 0.93. Newag's value of 2.70 is 190.3% above this industry median. Based on the distribution chart, Newag ranks #606 out of 761 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Newag has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newag's Cyclically Adjusted PS Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Newag ranks #606 out of 761 companies for Cyclically Adjusted PS Ratio. This places Newag in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. Newag's value of 2.70 is 190.3% above this benchmark. Historically, Newag's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 3.87 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 0.93, Newag 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 a Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.93, based on 761 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. Newag's current Cyclically Adjusted PS Ratio of 2.70 is 190.3% 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 Newag and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newag's current Cyclically Adjusted PS Ratio is 2.70, which is 125% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newag stock overvalued right now?
Based on GuruFocus' analysis, Newag (FRA:N0GA) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.18, compared to a current price of €21.25 — trading 31.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.70, which is 125% above median its 10-year median of 1.20 and 190.3% above the Transportation industry median of 0.93. Newag's overall GF Score™ is 89/100. 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 Newag (FRA:N0GA), the current Cyclically Adjusted PS Ratio is 2.70 as of Aug. 24, 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 Newag (FRA:N0GA) Overvalued in 2026?

Based on GuruFocus' analysis, Newag stock appears to be overvalued. The current stock price of €21.25 is trading 31.3% above its estimated GF Value™ of €16.18. GuruFocus considers Newag to be Significantly Overvalued.

Key valuation signals for FRA:N0GA:

  • Cyclically Adjusted PS Ratio: 2.70 (125% above median its 10-year median of 1.20)
  • GF Value™: €16.18 vs. price of €21.25 (31.3% above fair value)
  • GF Score™: 89/100
  • Industry Position: 190.3% above the Transportation median (#606 of 761)

No single metric tells the full story. See the FRA:N0GA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Newag Business Description

Other Exchanges NWG:Poland
Address ul. Wyspiań­skiego 3, 33–300, Nowy Sacz, POL
Newag SA is a Poland-based company engaged in heavy machinery sector. The Company operations are divided into four segments: the Electric and Diesel Multiple Units segment produces electric MUs for electrified railway lines of passenger transportation.
89GF Score

Get the complete analysis for FRA:N0GA

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

€21.25
Price
€16.18
GF Value