AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) Cyclically Adjusted PS Ratio: 4.26 (As of Jul. 08, 2026) — 426% Above Median


WBO:ATS AT&S Austria Technologie & Systemtechnik AG WBO:ATS
63 GF Score
Price €172.80
GF Value €28.21
Valuation Significantly Overvalued
! 9 Warning Signs
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What is AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PS Ratio?

AT&S Austria Technologie & Systemtechnik AG WBO:ATS -10.37% 63 Cyclically Adjusted PS Ratio is 4.26 as of Jul. 08, 2026, which is 426% above its 10-year median of 0.81. GuruFocus rates WBO:ATS with a GF Score™ of 63/100 and a GF Value™ of €28.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,972 Hardware companies, AT&S Austria Technologie & Systemtechnik AG ranks worse than 77.03% on this metric.

As of today (2026-07-08), AT&S Austria Technologie & Systemtechnik AG's current share price is €172.80. AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €40.55. AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PS Ratio for today is 4.26.

The historical rank and industry rank for AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PS Ratio or its related term are showing as below:

WBO:ATS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.81   Max: 5.57
Current: 4.26

During the past years, AT&S Austria Technologie & Systemtechnik AG's highest Cyclically Adjusted PS Ratio was 5.57. The lowest was 0.30. And the median was 0.81.

WBO:ATS's Cyclically Adjusted PS Ratio is ranked worse than
77.03% of 1972 companies
in the Hardware industry
Industry Median: 1.48 vs WBO:ATS: 4.26

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.

AT&S Austria Technologie & Systemtechnik AG's adjusted revenue per share data for the three months ended in Mar. 2026 was €12.300. 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 €40.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AT&S Austria Technologie & Systemtechnik AG  (WBO:ATS) 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.


AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PS Ratio Related Terms


AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AT&S Austria Technologie & Systemtechnik 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.

AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PS Ratio Chart

AT&S Austria Technologie & Systemtechnik 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 1.80 0.88 0.55 0.34 1.27

AT&S Austria Technologie & Systemtechnik 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 0.34 0.44 0.57 0.81 1.27

WBO:ATS vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, AT&S Austria Technologie & Systemtechnik 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.


AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PS Ratio falls into.


WBO:ATS
63GF Score
AT&S Austria Technologie & Systemtechnik AG WBO:ATS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AT&S Austria Technologie & Systemtechnik 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.

AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=172.80/40.55
=4.26

* 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.

AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, AT&S Austria Technologie & Systemtechnik 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)
=12.3/140.3549*140.3549
=12.300

Current CPI (Mar. 2026) = 140.3549.

AT&S Austria Technologie & Systemtechnik AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.604 101.092 6.392
201609 5.345 101.192 7.414
201612 5.883 102.092 8.088
201703 5.144 102.592 7.037
201706 5.139 102.991 7.003
201709 7.363 103.591 9.976
201712 7.213 104.291 9.707
201803 5.816 104.491 7.812
201806 5.716 105.091 7.634
201809 7.588 105.691 10.077
201812 7.034 106.291 9.288
201903 6.123 106.391 8.078
201906 5.733 106.791 7.535
201909 6.887 106.991 9.035
201912 6.767 108.091 8.787
202003 6.367 108.024 8.273
202006 6.380 107.915 8.298
202009 7.462 108.348 9.666
202012 8.907 109.321 11.435
202103 7.836 110.186 9.981
202106 8.177 110.943 10.345
202109 9.779 111.916 12.264
202112 11.557 113.971 14.232
202203 11.411 117.647 13.613
202206 12.936 120.567 15.059
202209 14.607 123.811 16.559
202212 10.788 125.541 12.061
202303 7.779 128.460 8.499
202306 9.309 130.191 10.036
202309 11.641 131.272 12.446
202312 10.069 132.570 10.660
202403 8.872 133.759 9.310
202406 8.992 134.083 9.413
202409 11.597 133.651 12.179
202412 10.176 135.273 10.558
202503 10.142 137.760 10.333
202506 10.268 138.517 10.404
202509 11.516 138.949 11.633
202512 12.078 140.355 12.078
202603 12.300 140.355 12.300

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 4.26 mean?
AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) has a Cyclically Adjusted PS Ratio of 4.26 as of Jul. 08, 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 AT&S Austria Technologie & Systemtechnik AG and its competitors. This is 426% above median its historical median of 0.81. Over the past decade, AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PS Ratio has ranged from 0.30 to 5.57. According to the industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1519 out of 1972 companies in the Hardware industry, placing it in the top 77%.
Is AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PS Ratio too high?
AT&S Austria Technologie & Systemtechnik AG's current Cyclically Adjusted PS Ratio of 4.26 is 426% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 5.57. The Hardware industry median Cyclically Adjusted PS Ratio is 1.48. AT&S Austria Technologie & Systemtechnik AG's value of 4.26 is 187.8% above this industry median. Based on the distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1519 out of 1972 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, AT&S Austria Technologie & Systemtechnik AG has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, AT&S Austria Technologie & Systemtechnik AG ranks #1519 out of 1972 companies for Cyclically Adjusted PS Ratio. This places AT&S Austria Technologie & Systemtechnik AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.48. AT&S Austria Technologie & Systemtechnik AG's value of 4.26 is 187.8% above this benchmark. Historically, AT&S Austria Technologie & Systemtechnik AG's own Cyclically Adjusted PS Ratio has ranged from 0.30 to 5.57 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.48, AT&S Austria Technologie & Systemtechnik 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 a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.48, based on 1,972 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. AT&S Austria Technologie & Systemtechnik AG's current Cyclically Adjusted PS Ratio of 4.26 is 187.8% 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 AT&S Austria Technologie & Systemtechnik AG and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AT&S Austria Technologie & Systemtechnik AG's current Cyclically Adjusted PS Ratio is 4.26, which is 426% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AT&S Austria Technologie & Systemtechnik AG stock overvalued right now?
Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) is currently considered Significantly Overvalued. The stock's GF Value™ is €28.21, compared to a current price of €172.80 — trading 512.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.26, which is 426% above median its 10-year median of 0.81 and 187.8% above the Hardware industry median of 1.48. AT&S Austria Technologie & Systemtechnik AG's overall GF Score™ is 63/100 with 9 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 AT&S Austria Technologie & Systemtechnik AG (WBO:ATS), the current Cyclically Adjusted PS Ratio is 4.26 as of Jul. 08, 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 AT&S Austria Technologie & Systemtechnik AG (WBO:ATS) Overvalued in 2026?

Based on GuruFocus' analysis, AT&S Austria Technologie & Systemtechnik AG stock appears to be overvalued. The current stock price of €172.80 is trading 512.5% above its estimated GF Value™ of €28.21. GuruFocus considers AT&S Austria Technologie & Systemtechnik AG to be Significantly Overvalued.

Key valuation signals for WBO:ATS:

  • Cyclically Adjusted PS Ratio: 4.26 (426% above median its 10-year median of 0.81)
  • GF Value™: €28.21 vs. price of €172.80 (512.5% above fair value)
  • GF Score™: 63/100 with 9 warning signs
  • Industry Position: 187.8% above the Hardware median (#1519 of 1972)

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


AT&S Austria Technologie & Systemtechnik AG Business Description

Address Fabriksgasse 13, Leoben-Hinterberg, AUT, 8700
AT&S Austria Technologie & Systemtechnik AG provider of high-end IC substrates and printed circuit boards. The company develops and manufactures interconnection technologies for key digital industries, including mobile devices, automotive and aerospace, industrial, medical, and high-performance computing for Al applications. The products are manufactured in the European and Asian markets and are directly distributed to original equipment manufacturers (OEM) as well as to contracted electronic manufacturers (CEM). Its segments are Electronics solutions, Microelectronics, and Others. Majority of revenue comes from Microelectronics segment. It has presence in Austria, Germany, Other European countries, China, Other Asian countries, and Americas of which majority of revenue is from America.
63GF Score

Get the complete analysis for WBO:ATS

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

€172.80
Price
€28.21
GF Value