voestalpine AG (XPRA:VOE) Cyclically Adjusted PS Ratio: 0.43 (As of Aug. 15, 2026) — 26% Above Median

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XPRA:VOE voestalpine AG XPRA:VOE
61 GF Score
Price Kč1,081.50
GF Value Kč552.92
! 6 Warning Signs
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What is voestalpine AG Cyclically Adjusted PS Ratio?

voestalpine AG XPRA:VOE 61 Cyclically Adjusted PS Ratio is 0.43 as of Aug. 15, 2026, which is 26% above its 10-year median of 0.34. GuruFocus rates XPRA:VOE with a GF Score™ of 61/100 and a GF Value™ of Kč552.92. The stock has 6 warning signs investors should review. Among 516 Steel companies, voestalpine AG ranks worse than 51.55% on this metric.

As of today (2026-08-15), voestalpine AG's current share price is Kč1081.50. voestalpine AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was Kč2,543.13. voestalpine AG's Cyclically Adjusted PS Ratio for today is 0.43.

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

XPRA:VOE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.34   Max: 0.79
Current: 0.46

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.

XPRA:VOE's Cyclically Adjusted PS Ratio is ranked worse than
51.55% of 516 companies
in the Steel industry
Industry Median: 0.46 vs XPRA:VOE: 0.46

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 Kč546.505. 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 Kč2,543.13 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


voestalpine AG  (XPRA:VOE) 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 0.35 0.36 0.28 0.24 0.39

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 0.25 0.32 0.39 0.39 0.42

XPRA:VOE 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.


XPRA:VOE
61GF Score
voestalpine AG XPRA:VOE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=1081.50/2543.13
=0.43

* 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)
=546.505/142.1600*142.1600
=546.505

Current CPI (Jun. 2026) = 142.1600.

voestalpine AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 403.722 101.192 567.173
201612 417.679 102.092 581.608
201703 494.544 102.592 685.285
201706 486.158 102.991 671.048
201709 448.685 103.591 615.737
201712 457.705 104.291 623.900
201803 498.037 104.491 677.577
201806 506.043 105.091 684.539
201809 469.255 105.691 631.172
201812 485.388 106.291 649.187
201903 521.487 106.391 696.812
201906 484.507 106.791 644.974
201909 423.397 106.991 562.571
201912 433.420 108.091 570.029
202003 467.578 108.024 615.337
202006 363.117 107.915 478.344
202009 405.395 108.348 531.906
202012 418.948 109.321 544.796
202103 433.164 110.186 558.859
202106 482.688 110.943 618.506
202109 484.354 111.916 615.243
202112 525.983 113.971 656.078
202203 617.644 117.647 746.335
202206 643.509 120.567 758.760
202209 647.941 123.811 743.968
202212 623.172 125.541 705.667
202303 613.254 128.460 678.654
202306 602.015 130.191 657.363
202309 559.899 131.272 606.339
202312 546.081 132.570 585.586
202403 634.061 133.759 673.885
202406 585.372 134.083 620.633
202409 579.440 133.651 616.331
202412 542.199 135.273 569.804
202503 577.733 137.760 596.186
202506 558.271 138.517 572.955
202509 514.633 138.950 526.522
202512 504.467 140.350 510.973
202603 543.607 142.160 543.607
202606 546.505 142.160 546.505

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 0.43 mean?
voestalpine AG (XPRA:VOE) has a Cyclically Adjusted PS Ratio of 0.43 as of Aug. 15, 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 26% 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 #266 out of 516 companies in the Steel industry, placing it in the top 51.6%.
Is voestalpine AG's Cyclically Adjusted PS Ratio too high?
voestalpine AG's current Cyclically Adjusted PS Ratio of 0.43 is 26% 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 0.43 is 6.5% below this industry median. Based on the distribution chart, voestalpine AG ranks #266 out of 516 companies in the Steel industry, which is below the industry midpoint. Overall, voestalpine AG has a GF Score™ of 61/100, 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 #266 out of 516 companies for Cyclically Adjusted PS Ratio. This places voestalpine AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.46. voestalpine AG's value of 0.43 is 6.5% 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 516 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 0.43 is 6.5% 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 0.43, which is 26% 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 (XPRA:VOE) has a current Cyclically Adjusted PS Ratio of 0.43. The stock's GF Value™ is Kč552.92, compared to a current price of Kč1,081.50 — trading 95.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.43, which is 26% above median its 10-year median of 0.34 and 6.5% below the Steel industry median of 0.46. voestalpine AG's overall GF Score™ is 61/100 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 (XPRA:VOE), the current Cyclically Adjusted PS Ratio is 0.43 as of Aug. 15, 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 (XPRA:VOE) Overvalued in 2026?

Based on GuruFocus' analysis, voestalpine AG stock appears to be overvalued. The current stock price of Kč1,081.50 is trading 95.6% above its estimated GF Value™ of Kč552.92.

Key valuation signals for XPRA:VOE:

  • Cyclically Adjusted PS Ratio: 0.43 (26% above median its 10-year median of 0.34)
  • GF Value™: Kč552.92 vs. price of Kč1,081.50 (95.6% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 6.5% below the Steel median (#266 of 516)

No single metric tells the full story. See the XPRA:VOE 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.
61GF Score

Get the complete analysis for XPRA:VOE

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

Kč1,081.50
Price
Kč552.92
GF Value