RTX AS (FRA:RTE) Cyclically Adjusted PS Ratio: 1.30 (As of Aug. 02, 2026) — 65% Below Median

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FRA:RTE RTX AS FRA:RTE
84 GF Score
Price €12.55
GF Value €11.44
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is RTX AS Cyclically Adjusted PS Ratio?

RTX AS FRA:RTE -1.18% 84 Cyclically Adjusted PS Ratio is 1.30 as of Aug. 02, 2026, which is 65% below its 10-year median of 3.68. GuruFocus rates FRA:RTE with a GF Score™ of 84/100 and a GF Value™ of €11.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,975 Hardware companies, RTX AS ranks better than 50.73% on this metric.

As of today (2026-08-02), RTX AS's current share price is €12.55. RTX AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €9.65. RTX AS's Cyclically Adjusted PS Ratio for today is 1.30.

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

FRA:RTE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 3.68   Max: 7.16
Current: 1.32

During the past years, RTX AS's highest Cyclically Adjusted PS Ratio was 7.16. The lowest was 0.82. And the median was 3.68.

FRA:RTE's Cyclically Adjusted PS Ratio is ranked better than
50.73% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs FRA:RTE: 1.32

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.

RTX AS's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.642. 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 €9.65 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RTX AS  (FRA:RTE) 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.


RTX AS Cyclically Adjusted PS Ratio Related Terms


RTX AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for RTX 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.

RTX AS Cyclically Adjusted PS Ratio Chart

RTX AS Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 2.03 1.31 1.23 1.30

RTX 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 1.00 1.18 1.30 1.51 1.32

FRA:RTE vs CSCO, MSI, HPE: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, RTX 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.


RTX AS Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, RTX AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:RTE
84GF Score
RTX AS FRA:RTE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RTX 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.

RTX AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.55/9.65
=1.30

* 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.

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

For example, RTX 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)
=2.642/121.6800*121.6800
=2.642

Current CPI (Mar. 2026) = 121.6800.

RTX AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.563 100.600 1.891
201609 1.473 100.200 1.789
201612 1.659 100.300 2.013
201703 1.260 101.200 1.515
201706 1.886 101.200 2.268
201709 1.761 101.800 2.105
201712 1.558 101.300 1.871
201803 1.655 101.700 1.980
201806 1.764 102.300 2.098
201809 2.367 102.400 2.813
201812 1.798 102.100 2.143
201903 2.129 102.900 2.518
201906 2.317 102.900 2.740
201909 2.454 102.900 2.902
201912 2.019 102.900 2.387
202003 1.785 103.300 2.103
202006 2.535 103.200 2.989
202009 2.426 103.500 2.852
202012 0.974 103.400 1.146
202103 1.414 104.300 1.650
202106 1.936 105.000 2.244
202109 3.082 105.800 3.545
202112 2.085 106.600 2.380
202203 2.199 109.900 2.435
202206 2.693 113.600 2.885
202209 3.894 116.400 4.071
202212 3.409 115.900 3.579
202303 2.943 117.300 3.053
202306 2.780 116.400 2.906
202309 3.682 117.400 3.816
202312 1.340 116.700 1.397
202403 2.070 118.400 2.127
202406 2.363 118.500 2.426
202409 2.509 118.900 2.568
202412 1.690 118.900 1.730
202503 2.665 120.200 2.698
202506 2.469 120.700 2.489
202509 2.328 121.600 2.330
202512 1.810 121.200 1.817
202603 2.642 121.680 2.642

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 1.30 mean?
RTX AS (FRA:RTE) has a Cyclically Adjusted PS Ratio of 1.30 as of Aug. 02, 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 RTX AS and its competitors. This is 65% below median its historical median of 3.68. Over the past decade, RTX AS's Cyclically Adjusted PS Ratio has ranged from 0.82 to 7.16. According to the industry distribution chart, RTX AS ranks #973 out of 1975 companies in the Hardware industry, placing it in the top 49.3%.
Is RTX AS's Cyclically Adjusted PS Ratio too high?
RTX AS's current Cyclically Adjusted PS Ratio of 1.30 is 65% below median its 10-year median of 3.68. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 7.16. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. RTX AS's value of 1.30 is 3% below this industry median. Based on the distribution chart, RTX AS ranks #973 out of 1975 companies in the Hardware industry, which is above the industry midpoint. Overall, RTX AS has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RTX AS's Cyclically Adjusted PS Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, RTX AS ranks #973 out of 1975 companies for Cyclically Adjusted PS Ratio. This puts RTX AS in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. RTX AS's value of 1.30 is 3% below this benchmark. Historically, RTX AS's own Cyclically Adjusted PS Ratio has ranged from 0.82 to 7.16 over the past decade. While the company's 10-year median is 3.68 vs. the industry median of 1.34, RTX 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,975 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. RTX AS's current Cyclically Adjusted PS Ratio of 1.30 is 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 RTX AS and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RTX AS's current Cyclically Adjusted PS Ratio is 1.30, which is 65% below median its own 10-year median of 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RTX AS stock overvalued right now?
Based on GuruFocus' analysis, RTX AS (FRA:RTE) is currently considered Fairly Valued. The stock's GF Value™ is €11.44, compared to a current price of €12.55 — trading 9.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.30, which is 65% below median its 10-year median of 3.68 and 3% below the Hardware industry median of 1.34. RTX AS's overall GF Score™ is 84/100 with 3 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 RTX AS (FRA:RTE), the current Cyclically Adjusted PS Ratio is 1.30 as of Aug. 02, 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 RTX AS (FRA:RTE) Overvalued in 2026?

Based on GuruFocus' analysis, RTX AS stock appears to be overvalued. The current stock price of €12.55 is trading 9.7% above its estimated GF Value™ of €11.44. GuruFocus considers RTX AS to be Fairly Valued.

Key valuation signals for FRA:RTE:

  • Cyclically Adjusted PS Ratio: 1.30 (65% below median its 10-year median of 3.68)
  • GF Value™: €11.44 vs. price of €12.55 (9.7% above fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 3% below the Hardware median (#973 of 1975)

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


RTX AS Business Description

Other Exchanges RTX:Denmark
Address Stroemmen 6, Noerresundby, DNK, 9400
RTX AS is engaged in the design, development, and production of wireless communication solutions rooted in a combination of software and hardware. It delivers turnkey solutions to globally recognized B2B customers. Its operating segment includes Enterprise, ProAudio, and Healthcare. In Enterprise, the company designs, develops, and supplies wireless IP telephony products and sub-systems. In ProAudio, it designs, develops, and manufactures wireless audio solutions. In Healthcare, the company builds wireless technology into modern healthcare services, providing patient monitoring solutions and wireless communication infrastructure for high-tech medical devices. The company has a presence in Denmark, the USA, Hong Kong, France, Germany, and other countries.
84GF Score

Get the complete analysis for FRA:RTE

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

€12.55
Price
€11.44
GF Value