AeroVironment (LTS:0HAL) Cyclically Adjusted PS Ratio: 6.44 (As of Jul. 31, 2026) — Near Median

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LTS:0HAL AeroVironment Inc LTS:0HAL
72 GF Score
Price $144.91
GF Value $253.89
Valuation Possible Value Trap
! 5 Warning Signs
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What is AeroVironment Cyclically Adjusted PS Ratio?

AeroVironment LTS:0HAL -1.16% 72 Cyclically Adjusted PS Ratio is 6.44 as of Jul. 31, 2026, which is 8% above its 10-year median of 5.99. GuruFocus rates LTS:0HAL with a GF Score™ of 72/100 and a GF Value™ of $253.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 224 Aerospace & Defense companies, AeroVironment ranks worse than 72.32% on this metric.

As of today (2026-07-31), AeroVironment's current share price is $144.91. AeroVironment's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $22.51. AeroVironment's Cyclically Adjusted PS Ratio for today is 6.44.

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

LTS:0HAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.83   Med: 5.99   Max: 19.11
Current: 6.34

During the past years, AeroVironment's highest Cyclically Adjusted PS Ratio was 19.11. The lowest was 1.83. And the median was 5.99.

LTS:0HAL's Cyclically Adjusted PS Ratio is ranked worse than
72.32% of 224 companies
in the Aerospace & Defense industry
Industry Median: 2.835 vs LTS:0HAL: 6.34

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.

AeroVironment's adjusted revenue per share data for the three months ended in Apr. 2026 was $12.816. 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 $22.51 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AeroVironment  (LTS:0HAL) 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.


AeroVironment Cyclically Adjusted PS Ratio Related Terms


AeroVironment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AeroVironment'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.

AeroVironment Cyclically Adjusted PS Ratio Chart

AeroVironment Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.48 6.24 8.95 7.69 8.43

AeroVironment Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 7.69 13.04 17.44 12.85 8.43

LTS:0HAL vs PL, DPC, HXL: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, AeroVironment'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.


AeroVironment Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

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

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


LTS:0HAL
72GF Score
AeroVironment Inc LTS:0HAL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AeroVironment 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=144.91/22.51
=6.44

* 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.

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

For example, AeroVironment's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=12.816/333.0200*333.0200
=12.816

Current CPI (Apr. 2026) = 333.0200.

AeroVironment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 1.578 240.628 2.184
201610 2.174 241.729 2.995
201701 2.303 242.839 3.158
201704 3.877 244.524 5.280
201707 1.472 244.786 2.003
201710 2.761 246.663 3.728
201801 2.323 247.867 3.121
201804 4.748 250.546 6.311
201807 3.250 252.006 4.295
201810 3.028 252.885 3.988
201901 3.128 251.712 4.138
201904 3.649 255.548 4.755
201907 3.611 256.571 4.687
201910 3.461 257.346 4.479
202001 2.598 257.971 3.354
202004 5.605 256.389 7.280
202007 3.616 259.101 4.648
202010 3.830 260.388 4.898
202101 3.247 261.582 4.134
202104 5.484 267.054 6.839
202107 4.103 273.003 5.005
202110 4.903 276.589 5.903
202201 3.621 281.148 4.289
202204 5.354 289.109 6.167
202207 4.375 296.276 4.918
202210 4.481 298.012 5.007
202301 5.373 299.170 5.981
202304 7.307 303.363 8.021
202307 5.819 305.691 6.339
202310 6.708 307.671 7.261
202401 6.653 308.417 7.184
202404 7.003 313.548 7.438
202407 6.700 314.540 7.094
202410 6.696 315.664 7.064
202501 5.980 317.671 6.269
202504 9.760 320.795 10.132
202507 9.698 323.048 9.997
202510 9.503 0.000
202601 8.203 325.252 8.399
202604 12.816 333.020 12.816

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 6.44 mean?
AeroVironment (LTS:0HAL) has a Cyclically Adjusted PS Ratio of 6.44 as of Jul. 31, 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 AeroVironment and its competitors. This is near median its historical median of 5.99. Over the past decade, AeroVironment's Cyclically Adjusted PS Ratio has ranged from 1.83 to 19.11. According to the industry distribution chart, AeroVironment ranks #162 out of 224 companies in the Aerospace & Defense industry, placing it in the top 72.3%.
Is AeroVironment's Cyclically Adjusted PS Ratio too high?
AeroVironment's current Cyclically Adjusted PS Ratio of 6.44 is near median its 10-year median of 5.99. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 19.11. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 2.84. AeroVironment's value of 6.44 is 127.2% above this industry median. Based on the distribution chart, AeroVironment ranks #162 out of 224 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, AeroVironment has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AeroVironment's Cyclically Adjusted PS Ratio compare to PL and DPC?
According to the Aerospace & Defense industry distribution chart, AeroVironment ranks #162 out of 224 companies for Cyclically Adjusted PS Ratio. This places AeroVironment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.84. AeroVironment's value of 6.44 is 127.2% above this benchmark. Historically, AeroVironment's own Cyclically Adjusted PS Ratio has ranged from 1.83 to 19.11 over the past decade. While the company's 10-year median is 5.99 vs. the industry median of 2.84, AeroVironment 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 2.84, based on 224 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. AeroVironment's current Cyclically Adjusted PS Ratio of 6.44 is 127.2% 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 AeroVironment and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AeroVironment's current Cyclically Adjusted PS Ratio is 6.44, which is near median its own 10-year median of 5.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AeroVironment stock overvalued right now?
Based on GuruFocus' analysis, AeroVironment (LTS:0HAL) is currently considered Possible Value Trap. The stock's GF Value™ is $253.89, compared to a current price of $144.91 — trading 42.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.44, which is near median its 10-year median of 5.99 and 127.2% above the Aerospace & Defense industry median of 2.84. AeroVironment's overall GF Score™ is 72/100 with 5 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 AeroVironment (LTS:0HAL), the current Cyclically Adjusted PS Ratio is 6.44 as of Jul. 31, 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 AeroVironment (LTS:0HAL) Overvalued in 2026?

Based on GuruFocus' analysis, AeroVironment stock appears to be undervalued. The current stock price of $144.91 is trading 42.9% below its estimated GF Value™ of $253.89. GuruFocus considers AeroVironment to be Possible Value Trap.

Key valuation signals for LTS:0HAL:

  • Cyclically Adjusted PS Ratio: 6.44 (near median its 10-year median of 5.99)
  • GF Value™: $253.89 vs. price of $144.91 (42.9% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 127.2% above the Aerospace & Defense median (#162 of 224)

No single metric tells the full story. See the LTS:0HAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AeroVironment Business Description

Address 241 18th Street South, Suite 650, Arlington, VA, USA, 22202
AeroVironment Inc supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide eyes in the sky without needing an actual person, or driver in the sky. The company is a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber. It develops and deploy autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities. Company operates in three segments: UxS, LMS, MW.
72GF Score

Get the complete analysis for LTS:0HAL

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

$144.91
Price
$253.89
GF Value