RTX AS (OCSE:RTX) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OCSE:RTX RTX AS OCSE:RTX
85 GF Score
Price kr99.40
GF Value kr91.16
Valuation Modestly Overvalued
! 3 Warning Signs
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What is RTX AS Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RTX AS  (OCSE:RTX) 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 3.62 2.05 1.32 1.23 1.31

RTX AS 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 1.18 1.30 1.51 1.31 1.30

OCSE:RTX vs CSCO, MSI, LITE: 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.


OCSE:RTX
85GF Score
RTX AS OCSE:RTX
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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, RTX AS'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)
=19.29/122.9500*122.9500
=19.290

Current CPI (Jun. 2026) = 122.9500.

RTX AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 10.978 100.200 13.471
201612 12.345 100.300 15.133
201703 9.371 101.200 11.385
201706 14.031 101.200 17.047
201709 12.950 101.800 15.640
201712 11.598 101.300 14.077
201803 12.323 101.700 14.898
201806 13.147 102.300 15.801
201809 17.915 102.400 21.510
201812 13.417 102.100 16.157
201903 15.895 102.900 18.992
201906 17.315 102.900 20.689
201909 18.524 102.900 22.133
201912 15.080 102.900 18.018
202003 13.341 103.300 15.879
202006 18.901 103.200 22.518
202009 18.194 103.500 21.613
202012 7.355 103.400 8.746
202103 10.686 104.300 12.597
202106 14.399 105.000 16.861
202109 22.557 105.800 26.213
202112 15.529 106.600 17.911
202203 16.435 109.900 18.387
202206 20.134 113.600 21.791
202209 29.067 116.400 30.703
202212 25.359 115.900 26.902
202303 21.950 117.300 23.007
202306 20.695 116.400 21.860
202309 27.456 117.400 28.754
202312 10.089 116.700 10.629
202403 15.483 118.400 16.078
202406 17.637 118.500 18.299
202409 18.712 118.900 19.349
202412 12.651 118.900 13.082
202503 19.879 120.200 20.334
202506 18.417 120.700 18.760
202509 17.572 121.600 17.767
202512 13.603 121.180 13.802
202603 19.883 121.670 20.092
202606 19.290 122.950 19.290

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.

Is RTX AS (OCSE:RTX) Overvalued in 2026?

Based on GuruFocus' analysis, RTX AS stock appears to be overvalued. The current stock price of kr99.40 is trading 9% above its estimated GF Value™ of kr91.16. GuruFocus considers RTX AS to be Modestly Overvalued.

Key valuation signals for OCSE:RTX:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr91.16 vs. price of kr99.40 (9% above fair value)
  • GF Score™: 85/100 with 3 warning signs

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


RTX AS Business Description

Other Exchanges RTE:Germany
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.
85GF Score

Get the complete analysis for OCSE:RTX

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

kr99.40
Price
kr91.16
GF Value