SDVKY (Sandvik AB) Cyclically Adjusted PS Ratio: (As of Sep. 20, 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.
Reviewed by: Charlie Tian Charlie Tian
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.

SDVKY Sandvik AB SDVKY
87 GF Score
Price $37.76
GF Value $25.76
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sandvik AB Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sandvik AB  (OTCPK:SDVKY) 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.


Sandvik AB Cyclically Adjusted PS Ratio Related Terms


Sandvik AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sandvik AB'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.

Sandvik AB Cyclically Adjusted PS Ratio Chart

Sandvik AB 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 2.88 1.76 2.11 1.78 3.24

Sandvik AB 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 2.27 2.78 3.20 3.79 4.01

SDVKY vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Sandvik AB'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.


Sandvik AB Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sandvik AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SDVKY
87GF Score
Sandvik AB SDVKY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sandvik AB 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.

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

For example, Sandvik AB'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)
=3.127/134.6100*134.6100
=3.127

Current CPI (Jun. 2026) = 134.6100.

Sandvik AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.836 101.138 2.444
201612 1.922 102.022 2.536
201703 1.941 102.022 2.561
201706 2.131 102.752 2.792
201709 2.114 103.279 2.755
201712 2.291 103.793 2.971
201803 2.319 103.962 3.003
201806 2.401 104.875 3.082
201809 2.164 105.679 2.756
201812 2.279 105.912 2.897
201903 2.167 105.886 2.755
201906 2.230 106.742 2.812
201909 2.088 107.214 2.622
201912 2.203 107.766 2.752
202003 1.945 106.563 2.457
202006 1.662 107.498 2.081
202009 1.807 107.635 2.260
202012 2.072 108.296 2.575
202103 1.756 108.360 2.181
202106 1.904 108.928 2.353
202109 2.001 110.338 2.441
202112 2.274 112.486 2.721
202203 2.125 114.825 2.491
202206 2.192 118.384 2.492
202209 2.212 122.296 2.435
202212 2.308 126.365 2.459
202303 2.363 127.042 2.504
202306 2.437 129.407 2.535
202309 2.317 130.224 2.395
202312 2.374 131.912 2.423
202403 2.221 132.205 2.261
202406 2.340 132.716 2.373
202409 2.316 132.304 2.356
202412 2.375 132.987 2.404
202503 2.186 132.825 2.215
202506 2.447 133.699 2.464
202509 2.446 133.480 2.467
202512 2.750 133.380 2.775
202603 2.675 133.550 2.696
202606 3.127 134.610 3.127

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 Sandvik AB (SDVKY) Overvalued in 2026?

Based on GuruFocus' analysis, Sandvik AB stock appears to be overvalued. The current stock price of $37.76 is trading 46.6% above its estimated GF Value™ of $25.76. GuruFocus considers Sandvik AB to be Significantly Overvalued.

Key valuation signals for SDVKY:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $25.76 vs. price of $37.76 (46.6% above fair value)
  • GF Score™: 87/100 with 3 warning signs

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


Sandvik AB Business Description

Address Kungsbron 1, Section G, Floor 5, Stockholm, SWE, 111 22
Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The group is composed of three segments: mining and rock solutions, rock processing, and machining. Sandvik was founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.
87GF Score

Get the complete analysis for SDVKY

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

$37.76
Price
$25.76
GF Value