Volkswagen AG (FRA:VOWB) Cyclically Adjusted PS Ratio: 0.11 (As of Jul. 29, 2026) — 65% Below Median

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FRA:VOWB Volkswagen AG FRA:VOWB
73 GF Score
Price €6.90
GF Value €9.21
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Volkswagen AG Cyclically Adjusted PS Ratio?

Volkswagen AG FRA:VOWB -0.72% 73 Cyclically Adjusted PS Ratio is 0.11 as of Jul. 29, 2026, which is 65% below its 10-year median of 0.31. GuruFocus rates FRA:VOWB with a GF Score™ of 73/100 and a GF Value™ of €9.21 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,042 Vehicles & Parts companies, Volkswagen AG ranks better than 89.35% on this metric.

As of today (2026-07-29), Volkswagen AG's current share price is €6.90. Volkswagen AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €61.05. Volkswagen AG's Cyclically Adjusted PS Ratio for today is 0.11.

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

FRA:VOWB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.31   Max: 0.53
Current: 0.12

During the past years, Volkswagen AG's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.11. And the median was 0.31.

FRA:VOWB's Cyclically Adjusted PS Ratio is ranked better than
89.35% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.73 vs FRA:VOWB: 0.12

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.

Volkswagen AG's adjusted revenue per share data for the three months ended in Jun. 2026 was €16.446. 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 €61.05 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volkswagen AG  (FRA:VOWB) 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.


Volkswagen AG Cyclically Adjusted PS Ratio Related Terms


Volkswagen AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Volkswagen 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.

Volkswagen AG Cyclically Adjusted PS Ratio Chart

Volkswagen 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 0.37 0.22 0.20 0.15 0.17

Volkswagen AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.15 0.15 0.17 0.14 0.11

FRA:VOWB vs TSLA, GM, F: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, Volkswagen 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.


Volkswagen AG Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volkswagen AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:VOWB
73GF Score
Volkswagen AG FRA:VOWB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Volkswagen 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.90/61.05
=0.11

* 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.

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

For example, Volkswagen 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)
=16.446/131.3638*131.3638
=16.446

Current CPI (Jun. 2026) = 131.3638.

Volkswagen AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.372 101.017 13.488
201612 11.438 101.217 14.845
201703 11.210 101.417 14.520
201706 11.800 102.117 15.180
201709 10.915 102.717 13.959
201712 11.867 102.617 15.191
201803 11.616 102.917 14.827
201806 12.198 104.017 15.405
201809 11.011 104.718 13.813
201812 12.223 104.217 15.407
201903 11.972 104.217 15.090
201906 13.003 105.718 16.157
201909 12.252 106.018 15.181
201912 13.169 105.818 16.348
202003 10.983 105.718 13.647
202006 8.194 106.618 10.096
202009 11.840 105.818 14.698
202012 13.445 105.518 16.738
202103 12.443 107.518 15.203
202106 13.424 108.486 16.255
202109 11.357 109.435 13.633
202112 12.687 110.384 15.098
202203 12.510 113.968 14.419
202206 13.864 115.760 15.733
202209 14.098 118.818 15.587
202212 15.194 119.345 16.724
202303 15.200 122.402 16.313
202306 15.970 123.140 17.036
202309 15.728 124.195 16.636
202312 17.391 123.773 18.458
202403 15.053 125.038 15.815
202406 16.625 125.882 17.349
202409 15.655 126.198 16.296
202412 17.430 127.041 18.023
202503 15.472 127.779 15.906
202506 16.119 128.412 16.490
202509 16.019 129.255 16.280
202512 16.606 129.361 16.863
202603 15.092 131.258 15.104
202606 16.446 131.364 16.446

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 0.11 mean?
Volkswagen AG (FRA:VOWB) has a Cyclically Adjusted PS Ratio of 0.11 as of Jul. 29, 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 Volkswagen AG and its competitors. This is 65% below median its historical median of 0.31. Over the past decade, Volkswagen AG's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.53. According to the industry distribution chart, Volkswagen AG ranks #111 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 10.7%.
Is Volkswagen AG's Cyclically Adjusted PS Ratio too high?
Volkswagen AG's current Cyclically Adjusted PS Ratio of 0.11 is 65% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.53. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.73. Volkswagen AG's value of 0.11 is 84.9% below this industry median. Based on the distribution chart, Volkswagen AG ranks #111 out of 1042 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Volkswagen AG has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Volkswagen AG's Cyclically Adjusted PS Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Volkswagen AG ranks #111 out of 1042 companies for Cyclically Adjusted PS Ratio. This places Volkswagen AG in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.73. Volkswagen AG's value of 0.11 is 84.9% below this benchmark. Historically, Volkswagen AG's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.53 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.73, Volkswagen 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.73, based on 1,042 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. Volkswagen AG's current Cyclically Adjusted PS Ratio of 0.11 is 84.9% 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 Volkswagen AG and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volkswagen AG's current Cyclically Adjusted PS Ratio is 0.11, which is 65% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volkswagen AG stock overvalued right now?
Based on GuruFocus' analysis, Volkswagen AG (FRA:VOWB) is currently considered Modestly Undervalued. The stock's GF Value™ is €9.21, compared to a current price of €6.90 — trading 25.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.11, which is 65% below median its 10-year median of 0.31 and 84.9% below the Vehicles & Parts industry median of 0.73. Volkswagen AG's overall GF Score™ is 73/100 with 7 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 Volkswagen AG (FRA:VOWB), the current Cyclically Adjusted PS Ratio is 0.11 as of Jul. 29, 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 Volkswagen AG (FRA:VOWB) Overvalued in 2026?

Based on GuruFocus' analysis, Volkswagen AG stock appears to be undervalued. The current stock price of €6.90 is trading 25.1% below its estimated GF Value™ of €9.21. GuruFocus considers Volkswagen AG to be Modestly Undervalued.

Key valuation signals for FRA:VOWB:

  • Cyclically Adjusted PS Ratio: 0.11 (65% below median its 10-year median of 0.31)
  • GF Value™: €9.21 vs. price of €6.90 (25.1% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 84.9% below the Vehicles & Parts median (#111 of 1042)

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


Volkswagen AG Business Description

Address Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is the second-largest automotive original equipment manufacturer by vehicle sales globally, selling 9 million vehicles in 2025. Its four vehicle segments core (Volkswagen, SEAT, Skoda, and VW commercial), progressive (Audi, Lamborghini, and Bentley), sports luxury (Porsche), and Traton commercial vehicles (Traton, Scania, Navistar, MAN, and VW truck and bus) contribute 45%, 20%, 10%, and 13% to group revenue, respectively. It also has a vehicle software business (Cariad), batteries, power engineering production, and financial services.
73GF Score

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

€6.90
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