WAB (Westinghouse Air Brake Technologies) Cyclically Adjusted PS Ratio: 4.63 (As of Jul. 11, 2026) — 83% Above Median


WAB Westinghouse Air Brake Technologies Corp WAB
90 GF Score
Price $261.21
GF Value $213.66
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio?

Westinghouse Air Brake Technologies WAB +0.55% 90 Cyclically Adjusted PS Ratio is 4.63 as of Jul. 11, 2026, which is 83% above its 10-year median of 2.53. GuruFocus rates WAB with a GF Score™ of 90/100 and a GF Value™ of $213.66 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 751 Transportation companies, Westinghouse Air Brake Technologies ranks worse than 89.88% on this metric.

As of today (2026-07-11), Westinghouse Air Brake Technologies's current share price is $261.21. Westinghouse Air Brake Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $56.45. Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio for today is 4.63.

The historical rank and industry rank for Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio or its related term are showing as below:

WAB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.53   Max: 4.85
Current: 4.6

During the past years, Westinghouse Air Brake Technologies's highest Cyclically Adjusted PS Ratio was 4.85. The lowest was 1.20. And the median was 2.53.

WAB's Cyclically Adjusted PS Ratio is ranked worse than
89.88% of 751 companies
in the Transportation industry
Industry Median: 0.91 vs WAB: 4.60

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.

Westinghouse Air Brake Technologies's adjusted revenue per share data for the three months ended in Mar. 2026 was $17.282. 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 $56.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westinghouse Air Brake Technologies  (NYSE:WAB) 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.


Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio Related Terms


Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Westinghouse Air Brake Technologies'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.

Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio Chart

Westinghouse Air Brake Technologies 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 2.25 2.22 2.62 3.68 3.89

Westinghouse Air Brake Technologies 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 3.45 3.91 3.68 3.89 4.43

WAB vs NSC, CSX, TRN: Cyclically Adjusted PS Ratio Comparison

For the Railroads subindustry, Westinghouse Air Brake Technologies'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.


Westinghouse Air Brake Technologies Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio falls into.


WAB
90GF Score
Westinghouse Air Brake Technologies Corp WAB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Westinghouse Air Brake Technologies 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=261.21/56.45
=4.63

* 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Westinghouse Air Brake Technologies'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)
=17.282/330.2130*330.2130
=17.282

Current CPI (Mar. 2026) = 330.2130.

Westinghouse Air Brake Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.990 241.018 10.947
201609 7.482 241.428 10.234
201612 8.387 241.432 11.471
201703 9.543 243.801 12.925
201706 9.682 244.955 13.052
201709 9.946 246.819 13.307
201712 11.090 246.524 14.855
201803 10.959 249.554 14.501
201806 11.511 251.989 15.084
201809 11.157 252.439 14.594
201812 11.548 251.233 15.178
201903 13.149 254.202 17.081
201906 11.678 256.143 15.055
201909 10.453 256.759 13.443
201912 12.297 256.974 15.802
202003 10.083 258.115 12.899
202006 9.135 257.797 11.701
202009 9.806 260.280 12.441
202012 10.662 260.474 13.517
202103 9.688 264.877 12.078
202106 10.651 271.696 12.945
202109 10.144 274.310 12.211
202112 11.109 278.802 13.157
202203 10.416 287.504 11.963
202206 11.228 296.311 12.513
202209 11.440 296.808 12.728
202212 12.677 296.797 14.104
202303 12.148 301.836 13.290
202306 13.417 305.109 14.521
202309 14.230 307.789 15.267
202312 14.120 306.746 15.200
202403 14.091 312.332 14.898
202406 15.023 314.175 15.790
202409 15.296 315.301 16.019
202412 15.009 315.605 15.704
202503 15.236 319.799 15.732
202506 15.806 322.561 16.181
202509 16.867 324.800 17.148
202512 17.359 324.054 17.689
202603 17.282 330.213 17.282

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 4.63 mean?
Westinghouse Air Brake Technologies (WAB) has a Cyclically Adjusted PS Ratio of 4.63 as of Jul. 11, 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 Westinghouse Air Brake Technologies and its competitors. This is 83% above median its historical median of 2.53. Over the past decade, Westinghouse Air Brake Technologies' Cyclically Adjusted PS Ratio has ranged from 1.20 to 4.85. According to the industry distribution chart, Westinghouse Air Brake Technologies ranks #675 out of 751 companies in the Transportation industry, placing it in the top 89.9%.
Is Westinghouse Air Brake Technologies' Cyclically Adjusted PS Ratio too high?
Westinghouse Air Brake Technologies' current Cyclically Adjusted PS Ratio of 4.63 is 83% above median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 4.85. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Westinghouse Air Brake Technologies' value of 4.63 is 408.8% above this industry median. Based on the distribution chart, Westinghouse Air Brake Technologies ranks #675 out of 751 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Westinghouse Air Brake Technologies has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Westinghouse Air Brake Technologies' Cyclically Adjusted PS Ratio compare to NSC and CSX?
According to the Transportation industry distribution chart, Westinghouse Air Brake Technologies ranks #675 out of 751 companies for Cyclically Adjusted PS Ratio. This places Westinghouse Air Brake Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Westinghouse Air Brake Technologies' value of 4.63 is 408.8% above this benchmark. Historically, Westinghouse Air Brake Technologies' own Cyclically Adjusted PS Ratio has ranged from 1.20 to 4.85 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 0.91, Westinghouse Air Brake Technologies 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 a Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.91, based on 751 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. Westinghouse Air Brake Technologies's current Cyclically Adjusted PS Ratio of 4.63 is 408.8% 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 Westinghouse Air Brake Technologies and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westinghouse Air Brake Technologies's current Cyclically Adjusted PS Ratio is 4.63, which is 83% above median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westinghouse Air Brake Technologies stock overvalued right now?
Based on GuruFocus' analysis, Westinghouse Air Brake Technologies (WAB) is currently considered Modestly Overvalued. The stock's GF Value™ is $213.66, compared to a current price of $261.21 — trading 22.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.63, which is 83% above median its 10-year median of 2.53 and 408.8% above the Transportation industry median of 0.91. Westinghouse Air Brake Technologies' overall GF Score™ is 90/100 with 8 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 Westinghouse Air Brake Technologies (WAB), the current Cyclically Adjusted PS Ratio is 4.63 as of Jul. 11, 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 Westinghouse Air Brake Technologies (WAB) Overvalued in 2026?

Based on GuruFocus' analysis, Westinghouse Air Brake Technologies stock appears to be overvalued. The current stock price of $261.21 is trading 22.3% above its estimated GF Value™ of $213.66. GuruFocus considers Westinghouse Air Brake Technologies to be Modestly Overvalued.

Key valuation signals for WAB:

  • Cyclically Adjusted PS Ratio: 4.63 (83% above median its 10-year median of 2.53)
  • GF Value™: $213.66 vs. price of $261.21 (22.3% above fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 408.8% above the Transportation median (#675 of 751)

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


Westinghouse Air Brake Technologies Business Description

Address 30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial markets. It provides its products and services through two main business segments: Freight and Transit. The company generates maximum revenue from the Freight segment, which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives, provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products, including electronics, positive train control equipment, signal design, and engineering services. Geographically, it generates a majority of its revenue from the United States.
90GF Score

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

$261.21
Price
$213.66
GF Value