VLPNF (voestalpine AG) Cyclically Adjusted PS Ratio: 0.44 (As of Sep. 16, 2026) — 29% Above Median

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VLPNF voestalpine AG VLPNF
60 GF Score
Price $47.95
GF Value $25.02
! 6 Warning Signs
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What is voestalpine AG Cyclically Adjusted PS Ratio?

voestalpine AG VLPNF 60 Cyclically Adjusted PS Ratio is 0.44 as of Sep. 16, 2026, which is 29% above its 10-year median of 0.34. GuruFocus rates VLPNF with a GF Score™ of 60/100 and a GF Value™ of $25.02. The stock has 6 warning signs investors should review. Among 511 Steel companies, voestalpine AG ranks better than 50.88% on this metric.

As of today (2026-09-16), voestalpine AG's current share price is $47.95. voestalpine AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $109.94. voestalpine AG's Cyclically Adjusted PS Ratio for today is 0.44.

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

VLPNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.34   Max: 0.79
Current: 0.45

During the past years, voestalpine AG's highest Cyclically Adjusted PS Ratio was 0.79. The lowest was 0.18. And the median was 0.34.

VLPNF's Cyclically Adjusted PS Ratio is ranked better than
50.88% of 511 companies
in the Steel industry
Industry Median: 0.46 vs VLPNF: 0.45

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.

voestalpine AG's adjusted revenue per share data for the three months ended in Jun. 2026 was $26.239. 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 $109.94 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


voestalpine AG  (OTCPK:VLPNF) 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.


voestalpine AG Cyclically Adjusted PS Ratio Related Terms


voestalpine AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for voestalpine 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.

voestalpine AG Cyclically Adjusted PS Ratio Chart

voestalpine AG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.36 0.27 0.20 0.20

voestalpine AG 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 0.21 0.21 0.20 0.20 0.44

VLPNF vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, voestalpine 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.


voestalpine AG Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, voestalpine AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


VLPNF
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voestalpine AG VLPNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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voestalpine 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.95/109.941
=0.44

* 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.

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

For example, voestalpine AG'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)
=26.239/142.7100*142.7100
=26.239

Current CPI (Jun. 2026) = 142.7100.

voestalpine AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 16.814 101.192 23.713
201612 16.604 102.092 23.210
201703 19.303 102.592 26.851
201706 20.293 102.991 28.119
201709 20.308 103.591 27.977
201712 21.089 104.291 28.858
201803 23.960 104.491 32.724
201806 23.441 105.091 31.832
201809 21.142 105.691 28.547
201812 21.192 106.291 28.453
201903 23.139 106.391 31.038
201906 20.998 106.791 28.061
201909 19.964 106.991 26.629
201912 18.814 108.091 24.840
202003 19.390 108.024 25.616
202006 14.788 107.915 19.556
202009 17.750 108.348 23.379
202012 19.106 109.321 24.941
202103 22.235 110.186 28.798
202106 22.767 110.943 29.286
202109 22.666 111.916 28.903
202112 23.671 113.971 29.640
202203 25.309 117.647 30.701
202206 27.732 120.567 32.825
202209 26.236 123.811 30.241
202212 24.700 125.541 28.078
202303 28.835 128.460 32.034
202306 28.216 130.191 30.929
202309 25.807 131.272 28.056
202312 23.990 132.570 25.825
202403 27.200 133.759 29.020
202406 25.419 134.083 27.054
202409 24.967 133.651 26.659
202412 23.003 135.273 24.268
202503 24.568 137.760 25.451
202506 25.470 138.517 26.241
202509 24.691 138.950 25.359
202512 24.085 140.350 24.490
202603 24.872 142.160 24.968
202606 26.239 142.710 26.239

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 0.44 mean?
voestalpine AG (VLPNF) has a Cyclically Adjusted PS Ratio of 0.44 as of Sep. 16, 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 voestalpine AG and its competitors. This is 29% above median its historical median of 0.34. Over the past decade, voestalpine AG's Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.79. According to the industry distribution chart, voestalpine AG ranks #251 out of 511 companies in the Steel industry, placing it in the top 49.1%.
Is voestalpine AG's Cyclically Adjusted PS Ratio too high?
voestalpine AG's current Cyclically Adjusted PS Ratio of 0.44 is 29% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.79. The Steel industry median Cyclically Adjusted PS Ratio is 0.46. voestalpine AG's value of 0.44 is 4.3% below this industry median. Based on the distribution chart, voestalpine AG ranks #251 out of 511 companies in the Steel industry, which is above the industry midpoint. Overall, voestalpine AG has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does voestalpine AG's Cyclically Adjusted PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, voestalpine AG ranks #251 out of 511 companies for Cyclically Adjusted PS Ratio. This puts voestalpine AG in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.46. voestalpine AG's value of 0.44 is 4.3% below this benchmark. Historically, voestalpine AG's own Cyclically Adjusted PS Ratio has ranged from 0.18 to 0.79 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.46, voestalpine AG has consistently been below 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 a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.46, based on 511 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. voestalpine AG's current Cyclically Adjusted PS Ratio of 0.44 is 4.3% below 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 voestalpine AG and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. voestalpine AG's current Cyclically Adjusted PS Ratio is 0.44, which is 29% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is voestalpine AG stock overvalued right now?
voestalpine AG (VLPNF) has a current Cyclically Adjusted PS Ratio of 0.44. The stock's GF Value™ is $25.02, compared to a current price of $47.95 — trading 91.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.44, which is 29% above median its 10-year median of 0.34 and 4.3% below the Steel industry median of 0.46. voestalpine AG's overall GF Score™ is 60/100 with 6 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 voestalpine AG (VLPNF), the current Cyclically Adjusted PS Ratio is 0.44 as of Sep. 16, 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 voestalpine AG (VLPNF) Overvalued in 2026?

Based on GuruFocus' analysis, voestalpine AG stock appears to be overvalued. The current stock price of $47.95 is trading 91.6% above its estimated GF Value™ of $25.02.

Key valuation signals for VLPNF:

  • Cyclically Adjusted PS Ratio: 0.44 (29% above median its 10-year median of 0.34)
  • GF Value™: $25.02 vs. price of $47.95 (91.6% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 4.3% below the Steel median (#251 of 511)

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


voestalpine AG Business Description

Address Voestalpine-Strasse 1, Linz, AUT, 4020
voestalpine AG is engaged in the manufacturing, processing, and development of steel products. Its divisions are: Steel Division, which generates maximum revenue and is involved in the production of steel products and the casting of large turbines. High-Performance Metals Division provides metals for the automotive, consumer goods, power generation, energy, and aviation sectors. The Metal Engineering Division produces rails, turnout systems, track-based monitoring systems, specially treated wire, and others. Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors, and Holding & Group Services. It generates its maximum revenue from the European Union.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.95
Price
$25.02
GF Value