RNMBF (Rheinmetall AG) Cyclically Adjusted PS Ratio: 6.36 (As of Jul. 05, 2026) — 615% Above Median


RNMBF Rheinmetall AG RNMBF
83 GF Score
Price $1,290.01
GF Value $954.51
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Rheinmetall AG Cyclically Adjusted PS Ratio?

Rheinmetall AG RNMBF +12.92% 83 Cyclically Adjusted PS Ratio is 6.36 as of Jul. 05, 2026, which is 615% above its 10-year median of 0.89. GuruFocus rates RNMBF with a GF Score™ of 83/100 and a GF Value™ of $954.51 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 224 Aerospace & Defense companies, Rheinmetall AG ranks worse than 70.54% on this metric.

As of today (2026-07-05), Rheinmetall AG's current share price is $1290.01. Rheinmetall AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $202.78. Rheinmetall AG's Cyclically Adjusted PS Ratio for today is 6.36.

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

RNMBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.89   Max: 11.72
Current: 6.3

During the past years, Rheinmetall AG's highest Cyclically Adjusted PS Ratio was 11.72. The lowest was 0.40. And the median was 0.89.

RNMBF's Cyclically Adjusted PS Ratio is ranked worse than
70.54% of 224 companies
in the Aerospace & Defense industry
Industry Median: 3.295 vs RNMBF: 6.30

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.

Rheinmetall AG's adjusted revenue per share data for the three months ended in Mar. 2026 was $48.006. 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 $202.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rheinmetall AG  (OTCPK:RNMBF) 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.


Rheinmetall AG Cyclically Adjusted PS Ratio Related Terms


Rheinmetall AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Rheinmetall 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.

Rheinmetall AG Cyclically Adjusted PS Ratio Chart

Rheinmetall 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 0.59 1.22 1.81 3.74 9.15

Rheinmetall AG 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 7.98 10.74 11.64 9.15 8.33

RNMBF vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, Rheinmetall 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.


Rheinmetall AG Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

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

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


RNMBF
83GF Score
Rheinmetall AG RNMBF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rheinmetall 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1290.01/202.78
=6.36

* 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.

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

For example, Rheinmetall AG'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)
=48.006/131.2583*131.2583
=48.006

Current CPI (Mar. 2026) = 131.2583.

Rheinmetall AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 37.468 100.717 48.830
201609 33.826 101.017 43.953
201612 41.959 101.217 54.413
201703 33.665 101.417 43.571
201706 38.505 102.117 49.493
201709 37.538 102.717 47.968
201712 47.526 102.617 60.791
201803 35.604 102.917 45.409
201806 40.807 104.017 51.494
201809 38.488 104.718 48.243
201812 52.358 104.217 65.943
201903 35.067 104.217 44.166
201906 38.708 105.718 48.060
201909 38.058 106.018 47.119
201912 50.288 105.818 62.378
202003 34.628 105.718 42.994
202006 29.456 106.618 36.264
202009 34.769 105.818 43.128
202012 49.745 105.518 61.880
202103 35.120 107.518 42.875
202106 37.232 108.486 45.047
202109 34.263 109.435 41.096
202112 47.411 110.384 56.377
202203 32.193 113.968 37.077
202206 34.729 115.760 39.378
202209 32.023 118.818 35.376
202212 57.006 119.345 62.697
202303 32.200 122.402 34.530
202306 37.496 123.140 39.968
202309 43.410 124.195 45.879
202312 50.812 123.773 53.885
202403 36.846 125.038 38.679
202406 55.464 125.882 57.833
202409 61.509 126.198 63.975
202412 26.903 127.041 27.796
202503 41.696 127.779 42.831
202506 60.548 128.412 61.890
202509 71.055 129.255 72.156
202512 56.477 129.361 57.306
202603 48.006 131.258 48.006

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 6.36 mean?
Rheinmetall AG (RNMBF) has a Cyclically Adjusted PS Ratio of 6.36 as of Jul. 05, 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 Rheinmetall AG and its competitors. This is 615% above median its historical median of 0.89. Over the past decade, Rheinmetall AG's Cyclically Adjusted PS Ratio has ranged from 0.40 to 11.72. According to the industry distribution chart, Rheinmetall AG ranks #158 out of 224 companies in the Aerospace & Defense industry, placing it in the top 70.5%.
Is Rheinmetall AG's Cyclically Adjusted PS Ratio too high?
Rheinmetall AG's current Cyclically Adjusted PS Ratio of 6.36 is 615% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 11.72. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.30. Rheinmetall AG's value of 6.36 is 93% above this industry median. Based on the distribution chart, Rheinmetall AG ranks #158 out of 224 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Rheinmetall AG has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rheinmetall AG's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Rheinmetall AG ranks #158 out of 224 companies for Cyclically Adjusted PS Ratio. This places Rheinmetall AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.30. Rheinmetall AG's value of 6.36 is 93% above this benchmark. Historically, Rheinmetall AG's own Cyclically Adjusted PS Ratio has ranged from 0.40 to 11.72 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 3.30, Rheinmetall AG 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 3.30, 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. Rheinmetall AG's current Cyclically Adjusted PS Ratio of 6.36 is 93% 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 Rheinmetall AG and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rheinmetall AG's current Cyclically Adjusted PS Ratio is 6.36, which is 615% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rheinmetall AG stock overvalued right now?
Based on GuruFocus' analysis, Rheinmetall AG (RNMBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $954.51, compared to a current price of $1,290.01 — trading 35.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.36, which is 615% above median its 10-year median of 0.89 and 93% above the Aerospace & Defense industry median of 3.30. Rheinmetall AG's overall GF Score™ is 83/100 with 2 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 Rheinmetall AG (RNMBF), the current Cyclically Adjusted PS Ratio is 6.36 as of Jul. 05, 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 Rheinmetall AG (RNMBF) Overvalued in 2026?

Based on GuruFocus' analysis, Rheinmetall AG stock appears to be overvalued. The current stock price of $1,290.01 is trading 35.1% above its estimated GF Value™ of $954.51. GuruFocus considers Rheinmetall AG to be Significantly Overvalued.

Key valuation signals for RNMBF:

  • Cyclically Adjusted PS Ratio: 6.36 (615% above median its 10-year median of 0.89)
  • GF Value™: $954.51 vs. price of $1,290.01 (35.1% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 93% above the Aerospace & Defense median (#158 of 224)

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


Rheinmetall AG Business Description

Address Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapons and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapons and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators, and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.
83GF Score

Get the complete analysis for RNMBF

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

$1,290.01
Price
$954.51
GF Value