Aerostar (FRA:X8B) Cyclically Adjusted PS Ratio: 5.65 (As of Aug. 16, 2026) — 91% Above Median

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FRA:X8B Aerostar SA FRA:X8B
58 GF Score
Price €3.73
GF Value €2.05
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Aerostar Cyclically Adjusted PS Ratio?

Aerostar FRA:X8B +9.71% 58 Cyclically Adjusted PS Ratio is 5.65 as of Aug. 16, 2026, which is 91% above its 10-year median of 2.96. GuruFocus rates FRA:X8B with a GF Score™ of 58/100 and a GF Value™ of €2.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 223 Aerospace & Defense companies, Aerostar ranks worse than 66.82% on this metric.

As of today (2026-08-16), Aerostar's current share price is €3.73. Aerostar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.66. Aerostar's Cyclically Adjusted PS Ratio for today is 5.65.

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

FRA:X8B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.45   Med: 2.96   Max: 5.69
Current: 5.69

During the past years, Aerostar's highest Cyclically Adjusted PS Ratio was 5.69. The lowest was 2.45. And the median was 2.96.

FRA:X8B's Cyclically Adjusted PS Ratio is ranked worse than
66.82% of 223 companies
in the Aerospace & Defense industry
Industry Median: 3.27 vs FRA:X8B: 5.69

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.

Aerostar's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.240. 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 €0.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aerostar  (FRA:X8B) 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.


Aerostar Cyclically Adjusted PS Ratio Related Terms


Aerostar Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aerostar'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.

Aerostar Cyclically Adjusted PS Ratio Chart

Aerostar 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 3.39 2.90 3.01 2.67 2.79

Aerostar 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 2.91 2.76 2.79 2.79 2.88

FRA:X8B vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, Aerostar'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.


Aerostar Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerostar's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:X8B
58GF Score
Aerostar SA FRA:X8B
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aerostar 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.73/0.66
=5.65

* 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.

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

For example, Aerostar'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)
=0.24/330.2130*330.2130
=0.240

Current CPI (Mar. 2026) = 330.2130.

Aerostar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.120 241.018 0.164
201609 0.096 241.428 0.131
201612 0.130 241.432 0.178
201703 0.112 243.801 0.152
201706 0.117 244.955 0.158
201709 0.089 246.819 0.119
201712 0.127 246.524 0.170
201803 0.119 249.554 0.157
201806 0.116 251.989 0.152
201809 0.100 252.439 0.131
201812 0.129 251.233 0.170
201903 0.124 254.202 0.161
201906 0.112 256.143 0.144
201909 0.121 256.759 0.156
201912 0.158 256.974 0.203
202003 0.141 258.115 0.180
202006 0.095 257.797 0.122
202009 0.077 260.280 0.098
202012 0.081 260.474 0.103
202103 0.113 264.877 0.141
202106 0.108 271.696 0.131
202109 0.108 274.310 0.130
202112 0.150 278.802 0.178
202203 0.128 287.504 0.147
202206 0.139 296.311 0.155
202209 0.146 296.808 0.162
202212 0.185 296.797 0.206
202303 0.176 301.836 0.193
202306 0.161 305.109 0.174
202309 0.160 307.789 0.172
202312 0.174 306.746 0.187
202403 0.211 312.332 0.223
202406 0.188 314.175 0.198
202409 0.166 315.301 0.174
202412 0.234 315.605 0.245
202503 0.198 319.799 0.204
202506 0.206 322.561 0.211
202509 0.165 324.800 0.168
202512 0.231 324.054 0.235
202603 0.240 330.213 0.240

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 5.65 mean?
Aerostar (FRA:X8B) has a Cyclically Adjusted PS Ratio of 5.65 as of Aug. 16, 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 Aerostar and its competitors. This is 91% above median its historical median of 2.96. Over the past decade, Aerostar's Cyclically Adjusted PS Ratio has ranged from 2.45 to 5.69. According to the industry distribution chart, Aerostar ranks #149 out of 223 companies in the Aerospace & Defense industry, placing it in the top 66.8%.
Is Aerostar's Cyclically Adjusted PS Ratio too high?
Aerostar's current Cyclically Adjusted PS Ratio of 5.65 is 91% above median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 5.69. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.27. Aerostar's value of 5.65 is 72.8% above this industry median. Based on the distribution chart, Aerostar ranks #149 out of 223 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Aerostar has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aerostar's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aerostar ranks #149 out of 223 companies for Cyclically Adjusted PS Ratio. This places Aerostar in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.27. Aerostar's value of 5.65 is 72.8% above this benchmark. Historically, Aerostar's own Cyclically Adjusted PS Ratio has ranged from 2.45 to 5.69 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 3.27, Aerostar 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 an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 3.27, based on 223 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. Aerostar's current Cyclically Adjusted PS Ratio of 5.65 is 72.8% 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 Aerostar and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aerostar's current Cyclically Adjusted PS Ratio is 5.65, which is 91% above median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aerostar stock overvalued right now?
Based on GuruFocus' analysis, Aerostar (FRA:X8B) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.05, compared to a current price of €3.73 — trading 82% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.65, which is 91% above median its 10-year median of 2.96 and 72.8% above the Aerospace & Defense industry median of 3.27. Aerostar's overall GF Score™ is 58/100 with 6 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 Aerostar (FRA:X8B), the current Cyclically Adjusted PS Ratio is 5.65 as of Aug. 16, 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 Aerostar (FRA:X8B) Overvalued in 2026?

Based on GuruFocus' analysis, Aerostar stock appears to be overvalued. The current stock price of €3.73 is trading 82% above its estimated GF Value™ of €2.05. GuruFocus considers Aerostar to be Significantly Overvalued.

Key valuation signals for FRA:X8B:

  • Cyclically Adjusted PS Ratio: 5.65 (91% above median its 10-year median of 2.96)
  • GF Value™: €2.05 vs. price of €3.73 (82% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 72.8% above the Aerospace & Defense median (#149 of 223)

No single metric tells the full story. See the FRA:X8B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aerostar Business Description

Other Exchanges ARS:Romania
Address 9 Condorilor Street, Bacau, ROU, 600302
Aerostar SA is a Romania-based company engaged in the aerospace and defense industry. Principally, it is involved in the production of aircrafts and spaceships. The company's foremost business lines consist of maintenance of commercial aircraft, manufacturing of aviation products and aero and ground systems for defense, production, and integrations. Additionally, it distributes its products in domestic countries as well as internationally.
58GF Score

Get the complete analysis for FRA:X8B

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

€3.73
Price
€2.05
GF Value