Volvo AB (XPRA:VOLVB) Cyclically Adjusted PS Ratio: 1.28 (As of Jul. 11, 2026) — 24% Above Median


XPRA:VOLVB Volvo AB XPRA:VOLVB
86 GF Score
Price Kč700.00
GF Value Kč507.66
! 8 Warning Signs
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What is Volvo AB Cyclically Adjusted PS Ratio?

Volvo AB XPRA:VOLVB 86 Cyclically Adjusted PS Ratio is 1.28 as of Jul. 11, 2026, which is 24% above its 10-year median of 1.03. GuruFocus rates XPRA:VOLVB with a GF Score™ of 86/100 and a GF Value™ of Kč507.66. The stock has 8 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Volvo AB ranks worse than 60.36% on this metric.

As of today (2026-07-11), Volvo AB's current share price is Kč700.00. Volvo AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was Kč547.49. Volvo AB's Cyclically Adjusted PS Ratio for today is 1.28.

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

XPRA:VOLVB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.03   Max: 1.48
Current: 1.4

During the past years, Volvo AB's highest Cyclically Adjusted PS Ratio was 1.48. The lowest was 0.61. And the median was 1.03.

XPRA:VOLVB's Cyclically Adjusted PS Ratio is ranked worse than
60.36% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs XPRA:VOLVB: 1.40

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.

Volvo AB's adjusted revenue per share data for the three months ended in Mar. 2026 was Kč123.627. 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 Kč547.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volvo AB  (XPRA:VOLVB) 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.


Volvo AB Cyclically Adjusted PS Ratio Related Terms


Volvo AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Volvo AB'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.

Volvo AB Cyclically Adjusted PS Ratio Chart

Volvo AB 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 1.18 0.92 1.16 1.15 1.24

Volvo AB 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 1.25 1.12 1.14 1.24 1.28

XPRA:VOLVB vs CAT, DE, PCAR: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Volvo AB'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.


Volvo AB Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Volvo AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XPRA:VOLVB
86GF Score
Volvo AB XPRA:VOLVB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Volvo AB 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.

Volvo AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=700.00/547.49
=1.28

* 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.

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

For example, Volvo AB'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)
=123.627/133.5600*133.5600
=123.627

Current CPI (Mar. 2026) = 133.5600.

Volvo AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 112.671 101.019 148.965
201609 95.546 101.138 126.176
201612 113.139 102.022 148.114
201703 107.358 102.022 140.546
201706 116.472 102.752 151.393
201709 102.683 103.279 132.789
201712 116.301 103.793 149.656
201803 109.699 103.962 140.931
201806 127.841 104.875 162.808
201809 111.498 105.679 140.914
201812 130.738 105.912 164.867
201903 128.901 105.886 162.590
201906 143.035 106.742 178.972
201909 117.576 107.214 146.469
201912 126.134 107.766 156.325
202003 109.868 106.563 137.703
202006 91.712 107.498 113.947
202009 96.817 107.635 120.136
202012 123.298 108.296 152.062
202103 119.103 108.360 146.802
202106 112.106 108.928 137.457
202109 104.649 110.338 126.673
202112 123.756 112.486 146.942
202203 122.935 114.825 142.993
202206 136.428 118.384 153.918
202209 128.559 122.296 140.400
202212 145.877 126.365 154.183
202303 136.388 127.042 143.386
202306 140.470 129.407 144.979
202309 134.014 130.224 137.448
202312 159.264 131.912 161.254
202403 144.206 132.205 145.684
202406 151.512 132.716 152.476
202409 127.119 132.304 128.325
202412 148.817 132.987 149.458
202503 136.794 132.825 137.551
202506 136.368 133.699 136.226
202509 120.557 133.480 120.629
202512 135.722 133.390 135.895
202603 123.627 133.560 123.627

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 1.28 mean?
Volvo AB (XPRA:VOLVB) has a Cyclically Adjusted PS Ratio of 1.28 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 Volvo AB and its competitors. This is 24% above median its historical median of 1.03. Over the past decade, Volvo AB's Cyclically Adjusted PS Ratio has ranged from 0.61 to 1.48. According to the industry distribution chart, Volvo AB ranks #102 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 60.4%.
Is Volvo AB's Cyclically Adjusted PS Ratio too high?
Volvo AB's current Cyclically Adjusted PS Ratio of 1.28 is 24% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.48. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.06. Volvo AB's value of 1.28 is 20.8% above this industry median. Based on the distribution chart, Volvo AB ranks #102 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Volvo AB has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Volvo AB's Cyclically Adjusted PS Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Volvo AB ranks #102 out of 169 companies for Cyclically Adjusted PS Ratio. This places Volvo AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Volvo AB's value of 1.28 is 20.8% above this benchmark. Historically, Volvo AB's own Cyclically Adjusted PS Ratio has ranged from 0.61 to 1.48 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.06, Volvo AB 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.06, based on 169 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. Volvo AB's current Cyclically Adjusted PS Ratio of 1.28 is 20.8% 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 Volvo AB and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volvo AB's current Cyclically Adjusted PS Ratio is 1.28, which is 24% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volvo AB stock overvalued right now?
Volvo AB (XPRA:VOLVB) has a current Cyclically Adjusted PS Ratio of 1.28. The stock's GF Value™ is Kč507.66, compared to a current price of Kč700.00 — trading 37.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.28, which is 24% above median its 10-year median of 1.03 and 20.8% above the Farm & Heavy Construction Machinery industry median of 1.06. Volvo AB's overall GF Score™ is 86/100 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 Volvo AB (XPRA:VOLVB), the current Cyclically Adjusted PS Ratio is 1.28 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 Volvo AB (XPRA:VOLVB) Overvalued in 2026?

Based on GuruFocus' analysis, Volvo AB stock appears to be overvalued. The current stock price of Kč700.00 is trading 37.9% above its estimated GF Value™ of Kč507.66.

Key valuation signals for XPRA:VOLVB:

  • Cyclically Adjusted PS Ratio: 1.28 (24% above median its 10-year median of 1.03)
  • GF Value™: Kč507.66 vs. price of Kč700.00 (37.9% above fair value)
  • GF Score™: 86/100 with 8 warning signs
  • Industry Position: 20.8% above the Farm & Heavy Construction Machinery median (#102 of 169)

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


Volvo AB Business Description

Address Gropegardsgatan 2, Gothenburg, SWE, SE-417 15
The Volvo Group is one of the largest global truck, bus, construction equipment, and engine and power system original equipment manufacturers, operating with the Volvo, Renault Truck, Mack Trucks, Volvo Penta, and Nova Bus brands. Among the four largest Western global brands—Volvo, Daimler, Paccar, and Traton—Volvo ranks third in terms of annual deliveries. Its truck, construction equipment, bus, and engines and power system segments contributed 71%, 18%, 5%, and 5%, respectively, to industrial operations' revenue in 2025. An in-house financial services division supports these businesses. In its key regions of Europe, North America, Brazil, and Australia, the truck business holds large market shares of 29%, 17%, 24%, and 22%, respectively.
86GF Score

Get the complete analysis for XPRA:VOLVB

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

Kč700.00
Price
Kč507.66
GF Value