Adtran Networks SE (XTER:ADV) Cyclically Adjusted PS Ratio: 1.80 (As of Jul. 23, 2026) — 34% Above Median

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XTER:ADV Adtran Networks SE XTER:ADV
55 GF Score
Price €23.10
GF Value €20.02
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Adtran Networks SE Cyclically Adjusted PS Ratio?

Adtran Networks SE XTER:ADV 55 Cyclically Adjusted PS Ratio is 1.80 as of Jul. 23, 2026, which is 34% above its 10-year median of 1.34. GuruFocus rates XTER:ADV with a GF Score™ of 55/100 and a GF Value™ of €20.02 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,976 Hardware companies, Adtran Networks SE ranks worse than 57.54% on this metric.

As of today (2026-07-23), Adtran Networks SE's current share price is €23.10. Adtran Networks SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €12.83. Adtran Networks SE's Cyclically Adjusted PS Ratio for today is 1.80.

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

XTER:ADV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.34   Max: 2.08
Current: 1.8

During the past 13 years, Adtran Networks SE's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 0.49. And the median was 1.34.

XTER:ADV's Cyclically Adjusted PS Ratio is ranked worse than
57.54% of 1976 companies
in the Hardware industry
Industry Median: 1.37 vs XTER:ADV: 1.80

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.

Adtran Networks SE's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €9.255. 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 €12.83 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adtran Networks SE  (XTER:ADV) 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.


Adtran Networks SE Cyclically Adjusted PS Ratio Related Terms


Adtran Networks SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Adtran Networks SE'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.

Adtran Networks SE Cyclically Adjusted PS Ratio Chart

Adtran Networks SE 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 1.33 1.87 1.60 1.56 1.70

Adtran Networks SE Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.60 1.53 1.56 1.53 1.70

XTER:ADV vs CSCO, CIEN, MSI: Cyclically Adjusted PS Ratio Comparison

For the Communication Equipment subindustry, Adtran Networks SE'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.


Adtran Networks SE Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Adtran Networks SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Adtran Networks SE's Cyclically Adjusted PS Ratio falls into.


XTER:ADV
55GF Score
Adtran Networks SE XTER:ADV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adtran Networks SE 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.

Adtran Networks SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.10/12.83
=1.80

* 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.

Adtran Networks SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Adtran Networks SE's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=9.255/324.0540*324.0540
=9.255

Current CPI (Dec25) = 324.0540.

Adtran Networks SE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 11.317 241.432 15.190
201712 10.253 246.524 13.477
201812 9.993 251.233 12.890
201912 11.022 256.974 13.899
202012 11.175 260.474 13.903
202112 11.671 278.802 13.565
202212 13.751 296.797 15.014
202312 11.796 306.746 12.462
202412 8.416 315.605 8.641
202512 9.255 324.054 9.255

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 1.80 mean?
Adtran Networks SE (XTER:ADV) has a Cyclically Adjusted PS Ratio of 1.80 as of Jul. 23, 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 Adtran Networks SE and its competitors. This is 34% above median its historical median of 1.34. Over the past decade, Adtran Networks SE's Cyclically Adjusted PS Ratio has ranged from 0.49 to 2.08. According to the industry distribution chart, Adtran Networks SE ranks #1137 out of 1976 companies in the Hardware industry, placing it in the top 57.5%.
Is Adtran Networks SE's Cyclically Adjusted PS Ratio too high?
Adtran Networks SE's current Cyclically Adjusted PS Ratio of 1.80 is 34% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 2.08. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Adtran Networks SE's value of 1.80 is 31.4% above this industry median. Based on the distribution chart, Adtran Networks SE ranks #1137 out of 1976 companies in the Hardware industry, which is below the industry midpoint. Overall, Adtran Networks SE has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adtran Networks SE's Cyclically Adjusted PS Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Adtran Networks SE ranks #1137 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Adtran Networks SE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. Adtran Networks SE's value of 1.80 is 31.4% above this benchmark. Historically, Adtran Networks SE's own Cyclically Adjusted PS Ratio has ranged from 0.49 to 2.08 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.37, Adtran Networks SE 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 1.37, based on 1,976 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. Adtran Networks SE's current Cyclically Adjusted PS Ratio of 1.80 is 31.4% 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 Adtran Networks SE and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adtran Networks SE's current Cyclically Adjusted PS Ratio is 1.80, which is 34% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adtran Networks SE stock overvalued right now?
Based on GuruFocus' analysis, Adtran Networks SE (XTER:ADV) is currently considered Modestly Overvalued. The stock's GF Value™ is €20.02, compared to a current price of €23.10 — trading 15.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.80, which is 34% above median its 10-year median of 1.34 and 31.4% above the Hardware industry median of 1.37. Adtran Networks SE's overall GF Score™ is 55/100 with 4 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 Adtran Networks SE (XTER:ADV), the current Cyclically Adjusted PS Ratio is 1.80 as of Jul. 23, 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 Adtran Networks SE (XTER:ADV) Overvalued in 2026?

Based on GuruFocus' analysis, Adtran Networks SE stock appears to be overvalued. The current stock price of €23.10 is trading 15.4% above its estimated GF Value™ of €20.02. GuruFocus considers Adtran Networks SE to be Modestly Overvalued.

Key valuation signals for XTER:ADV:

  • Cyclically Adjusted PS Ratio: 1.80 (34% above median its 10-year median of 1.34)
  • GF Value™: €20.02 vs. price of €23.10 (15.4% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 31.4% above the Hardware median (#1137 of 1976)

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


Adtran Networks SE Business Description

Other Exchanges 0NOL:UK
Address 901 Explorer Boulevard, Huntsville, AL, USA, 35806-2807
Adtran Networks SE develops, manufactures, and sells optical and Ethernet-based networking solutions to telecommunications carriers and enterprises to deliver data, storage, voice, and video services. Company segment includes: Network Solutions; and Services and Support,These systems are used by telecommunications service providers, private companies, universities, and government agencies. Some of its product categories are Open optical transport, Packet edge and aggregation, Disaggregated networking, Network virtualization, Network infrastructure assurance, and Automated network management. ADVA's geographical segments are United States, United Kingdom, Germany and Other international generating key revenue from United States.
55GF Score

Get the complete analysis for XTER:ADV

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

€23.10
Price
€20.02
GF Value