Volkswagen AG (FRA:VOW) Cyclically Adjusted Revenue per Share: €642.82 (As of Mar. 2026)

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FRA:VOW Volkswagen AG FRA:VOW
76 GF Score
Price €74.35
GF Value €105.17
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Volkswagen AG Cyclically Adjusted Revenue per Share?

Volkswagen AG FRA:VOW -1.46% 76 Cyclically Adjusted Revenue per Share is €642.82 as of Mar. 2026. GuruFocus rates FRA:VOW with a GF Score™ of 76/100 and a GF Value™ of €105.17 (Modestly Undervalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Volkswagen AG's adjusted revenue per share for the three months ended in Mar. 2026 was €150.923. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €642.82 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Volkswagen AG's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Volkswagen AG was 7.20% per year. The lowest was 4.00% per year. And the median was 4.95% per year.

As of today (2026-07-19), Volkswagen AG's current stock price is €74.35. Volkswagen AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €642.82. Volkswagen AG's Cyclically Adjusted PS Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Volkswagen AG was 0.53. The lowest was 0.11. And the median was 0.31.


Volkswagen AG  (FRA:VOW) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Volkswagen AG's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=74.35/642.82
=0.12

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Volkswagen AG was 0.53. The lowest was 0.11. And the median was 0.31.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Volkswagen AG Cyclically Adjusted Revenue per Share Related Terms


Volkswagen AG Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Volkswagen AG's Cyclically Adjusted Revenue per Share 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.

Volkswagen AG Cyclically Adjusted Revenue per Share Chart

Volkswagen AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 700.88 666.55 586.70 604.10 612.47

Volkswagen 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 Revenue per Share 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 607.76 613.91 620.13 612.47 642.82

FRA:VOW vs TSLA, GM, F: Cyclically Adjusted Revenue per Share Comparison

For the Auto Manufacturers subindustry, Volkswagen 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.


Volkswagen AG Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volkswagen AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:VOW
76GF Score
Volkswagen AG FRA:VOW
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Volkswagen AG Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Volkswagen 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)
=150.923/131.2583*131.2583
=150.923

Current CPI (Mar. 2026) = 131.2583.

Volkswagen AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 113.647 100.717 148.109
201609 103.724 101.017 134.776
201612 114.379 101.217 148.327
201703 112.103 101.417 145.089
201706 117.997 102.117 151.670
201709 109.148 102.717 139.476
201712 118.666 102.617 151.787
201803 116.156 102.917 148.143
201806 121.981 104.017 153.926
201809 110.114 104.718 138.023
201812 122.233 104.217 153.948
201903 119.718 104.217 150.781
201906 130.033 105.718 161.448
201909 122.523 106.018 151.693
201912 131.691 105.818 163.352
202003 109.828 105.718 136.362
202006 81.940 106.618 100.877
202009 118.403 105.818 146.869
202012 134.454 105.518 167.254
202103 124.428 107.518 151.902
202106 134.238 108.486 162.416
202109 113.568 109.435 136.216
202112 126.871 110.384 150.864
202203 125.098 113.968 144.077
202206 138.641 115.760 157.202
202209 140.981 118.818 155.742
202212 151.936 119.345 167.103
202303 152.000 122.402 162.997
202306 159.704 123.140 170.232
202309 157.283 124.195 166.229
202312 173.914 123.773 184.432
202403 150.532 125.038 158.020
202406 166.247 125.882 173.348
202409 156.551 126.198 162.829
202412 174.305 127.041 180.091
202503 154.717 127.779 158.930
202506 161.195 128.412 164.768
202509 160.195 129.255 162.678
202512 166.060 129.361 168.496
202603 150.923 131.258 150.923

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €642.82 mean?
Volkswagen AG (FRA:VOW) has a Cyclically Adjusted Revenue per Share of €642.82 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Volkswagen AG and its competitors.
Is Volkswagen AG's Cyclically Adjusted Revenue per Share too high?
Volkswagen AG's current Cyclically Adjusted Revenue per Share is €642.82. Overall, Volkswagen AG has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Volkswagen AG's Cyclically Adjusted Revenue per Share compare to TSLA and GM?
Volkswagen AG's Cyclically Adjusted Revenue per Share of €642.82 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Vehicles & Parts company?
A good Cyclically Adjusted Revenue per Share depends on the Vehicles & Parts industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Volkswagen AG and its competitors. Volkswagen AG's current Cyclically Adjusted Revenue per Share is €642.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volkswagen AG stock overvalued right now?
Based on GuruFocus' analysis, Volkswagen AG (FRA:VOW) is currently considered Modestly Undervalued. The stock's GF Value™ is €105.17, compared to a current price of €74.35 — trading 29.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €642.82. Volkswagen AG's overall GF Score™ is 76/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Volkswagen AG (FRA:VOW), the current Cyclically Adjusted Revenue per Share is €642.82 as of Mar. 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 Volkswagen AG (FRA:VOW) Overvalued in 2026?

Based on GuruFocus' analysis, Volkswagen AG stock appears to be undervalued. The current stock price of €74.35 is trading 29.3% below its estimated GF Value™ of €105.17. GuruFocus considers Volkswagen AG to be Modestly Undervalued.

Key valuation signals for FRA:VOW:

  • Cyclically Adjusted Revenue per Share: €642.82
  • GF Value™: €105.17 vs. price of €74.35 (29.3% below fair value)
  • GF Score™: 76/100 with 8 warning signs

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


Volkswagen AG Business Description

Address Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is the second-largest automotive original equipment manufacturer by vehicle sales globally, selling 9 million vehicles in 2025. Its four vehicle segments core (Volkswagen, SEAT, Skoda, and VW commercial), progressive (Audi, Lamborghini, and Bentley), sports luxury (Porsche), and Traton commercial vehicles (Traton, Scania, Navistar, MAN, and VW truck and bus) contribute 45%, 20%, 10%, and 13% to group revenue, respectively. It also has a vehicle software business (Cariad), batteries, power engineering production, and financial services.
76GF Score

Get the complete analysis for FRA:VOW

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

€74.35
Price
€105.17
GF Value