Advanced Energy Industries (STU:AVX) Cyclically Adjusted PS Ratio: 8.06 (As of Jul. 21, 2026) — 80% Above Median

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STU:AVX Advanced Energy Industries Inc STU:AVX
76 GF Score
Price €265.30
GF Value €118.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Advanced Energy Industries Cyclically Adjusted PS Ratio?

Advanced Energy Industries STU:AVX +8.29% 76 Cyclically Adjusted PS Ratio is 8.06 as of Jul. 21, 2026, which is 80% above its 10-year median of 4.49. GuruFocus rates STU:AVX with a GF Score™ of 76/100 and a GF Value™ of €118.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,298 Industrial Products companies, Advanced Energy Industries ranks worse than 89.47% on this metric.

As of today (2026-07-21), Advanced Energy Industries's current share price is €265.30. Advanced Energy Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €32.90. Advanced Energy Industries's Cyclically Adjusted PS Ratio for today is 8.06.

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

STU:AVX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.35   Med: 4.49   Max: 10.19
Current: 7.35

During the past years, Advanced Energy Industries's highest Cyclically Adjusted PS Ratio was 10.19. The lowest was 2.35. And the median was 4.49.

STU:AVX's Cyclically Adjusted PS Ratio is ranked worse than
89.47% of 2298 companies
in the Industrial Products industry
Industry Median: 1.74 vs STU:AVX: 7.35

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.

Advanced Energy Industries's adjusted revenue per share data for the three months ended in Mar. 2026 was €10.474. 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 €32.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Energy Industries  (STU:AVX) 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.


Advanced Energy Industries Cyclically Adjusted PS Ratio Related Terms


Advanced Energy Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Advanced Energy Industries'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.

Advanced Energy Industries Cyclically Adjusted PS Ratio Chart

Advanced Energy Industries 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 4.57 3.48 3.77 3.56 5.71

Advanced Energy Industries 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 2.84 3.82 4.75 5.71 8.45

STU:AVX vs FPS, AYI, POWL: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Advanced Energy Industries'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.


Advanced Energy Industries Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

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


STU:AVX
76GF Score
Advanced Energy Industries Inc STU:AVX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced Energy Industries 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.

Advanced Energy Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=265.30/32.90
=8.06

* 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.

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

For example, Advanced Energy Industries'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)
=10.474/330.2130*330.2130
=10.474

Current CPI (Mar. 2026) = 330.2130.

Advanced Energy Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.645 241.018 3.624
201609 2.821 241.428 3.858
201612 3.201 241.432 4.378
201703 3.476 243.801 4.708
201706 3.668 244.955 4.945
201709 3.688 246.819 4.934
201712 3.778 246.524 5.061
201803 3.967 249.554 5.249
201806 4.237 251.989 5.552
201809 3.784 252.439 4.950
201812 3.508 251.233 4.611
201903 3.242 254.202 4.211
201906 3.102 256.143 3.999
201909 4.131 256.759 5.313
201912 7.885 256.974 10.132
202003 7.402 258.115 9.470
202006 7.848 257.797 10.053
202009 8.583 260.280 10.889
202012 7.905 260.474 10.021
202103 7.655 264.877 9.543
202106 7.772 271.696 9.446
202109 7.668 274.310 9.231
202112 9.276 278.802 10.986
202203 9.555 287.504 10.974
202206 11.062 296.311 12.328
202209 13.857 296.808 15.417
202212 12.285 296.797 13.668
202303 10.514 301.836 11.502
202306 10.145 305.109 10.980
202309 10.149 307.789 10.888
202312 9.864 306.746 10.619
202403 7.992 312.332 8.450
202406 8.968 314.175 9.426
202409 8.991 315.301 9.416
202412 10.495 315.605 10.981
202503 9.823 319.799 10.143
202506 10.126 322.561 10.366
202509 10.253 324.800 10.424
202512 10.423 324.054 10.621
202603 10.474 330.213 10.474

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 8.06 mean?
Advanced Energy Industries (STU:AVX) has a Cyclically Adjusted PS Ratio of 8.06 as of Jul. 21, 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 Advanced Energy Industries and its competitors. This is 80% above median its historical median of 4.49. Over the past decade, Advanced Energy Industries' Cyclically Adjusted PS Ratio has ranged from 2.35 to 10.19. According to the industry distribution chart, Advanced Energy Industries ranks #2056 out of 2298 companies in the Industrial Products industry, placing it in the top 89.5%.
Is Advanced Energy Industries' Cyclically Adjusted PS Ratio too high?
Advanced Energy Industries' current Cyclically Adjusted PS Ratio of 8.06 is 80% above median its 10-year median of 4.49. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 10.19. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.74. Advanced Energy Industries' value of 8.06 is 363.2% above this industry median. Based on the distribution chart, Advanced Energy Industries ranks #2056 out of 2298 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Advanced Energy Industries has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Energy Industries' Cyclically Adjusted PS Ratio compare to FPS and AYI?
According to the Industrial Products industry distribution chart, Advanced Energy Industries ranks #2056 out of 2298 companies for Cyclically Adjusted PS Ratio. This places Advanced Energy Industries in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.74. Advanced Energy Industries' value of 8.06 is 363.2% above this benchmark. Historically, Advanced Energy Industries' own Cyclically Adjusted PS Ratio has ranged from 2.35 to 10.19 over the past decade. While the company's 10-year median is 4.49 vs. the industry median of 1.74, Advanced Energy Industries 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 Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.74, based on 2,298 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. Advanced Energy Industries's current Cyclically Adjusted PS Ratio of 8.06 is 363.2% 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 Advanced Energy Industries and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Energy Industries's current Cyclically Adjusted PS Ratio is 8.06, which is 80% above median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Energy Industries stock overvalued right now?
Based on GuruFocus' analysis, Advanced Energy Industries (STU:AVX) is currently considered Significantly Overvalued. The stock's GF Value™ is €118.46, compared to a current price of €265.30 — trading 124% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.06, which is 80% above median its 10-year median of 4.49 and 363.2% above the Industrial Products industry median of 1.74. Advanced Energy Industries' overall GF Score™ is 76/100 with 4 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 Advanced Energy Industries (STU:AVX), the current Cyclically Adjusted PS Ratio is 8.06 as of Jul. 21, 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 Advanced Energy Industries (STU:AVX) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Energy Industries stock appears to be overvalued. The current stock price of €265.30 is trading 124% above its estimated GF Value™ of €118.46. GuruFocus considers Advanced Energy Industries to be Significantly Overvalued.

Key valuation signals for STU:AVX:

  • Cyclically Adjusted PS Ratio: 8.06 (80% above median its 10-year median of 4.49)
  • GF Value™: €118.46 vs. price of €265.30 (124% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 363.2% above the Industrial Products median (#2056 of 2298)

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


Advanced Energy Industries Business Description

Other Exchanges AEIS:USA
Address 1595 Wynkoop Street, Suite 800, Denver, CO, USA, 80202
Advanced Energy Industries Inc provides precision power conversion, measurement, and control solutions. The company designs, manufactures, sells, and services power electronics conversion products that transform raw electrical power into controllable, usable power for complex equipment. It operates in one reporting segment, Power Electronics Conversion Products, serving the Semiconductor Equipment, Data Center Computing, Industrial and Medical, and Telecom and Networking markets. Its products include Plasma Power Products, AC-DC Power Supply Units, DC-DC Converters, High Voltage solutions, SCR Power Controllers, and Sense and Measurement solutions. The company operates in the United States, Asia, Europe, and other regions.
76GF Score

Get the complete analysis for STU:AVX

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

€265.30
Price
€118.46
GF Value