Sandvik AB (OSTO:SAND) Cyclically Adjusted Revenue per Share: kr95.29 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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OSTO:SAND Sandvik AB OSTO:SAND
81 GF Score
Price kr372.90
GF Value kr230.59
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Sandvik AB Cyclically Adjusted Revenue per Share?

Sandvik AB OSTO:SAND -2.92% 81 Cyclically Adjusted Revenue per Share is kr95.29 as of Mar. 2026. GuruFocus rates OSTO:SAND with a GF Score™ of 81/100 and a GF Value™ of kr230.59 (Significantly Overvalued). 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.

Sandvik AB's adjusted revenue per share for the three months ended in Mar. 2026 was kr24.448. 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 kr95.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sandvik AB's average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 4.70% 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 Sandvik AB was 6.30% per year. The lowest was 1.40% per year. And the median was 3.35% per year.

As of today (2026-07-17), Sandvik AB's current stock price is kr372.90. Sandvik AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr95.29. Sandvik AB's Cyclically Adjusted PS Ratio of today is 3.91.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sandvik AB was 4.32. The lowest was 1.50. And the median was 2.28.


Sandvik AB  (OSTO:SAND) 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.

Sandvik AB's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=372.90/95.29
=3.91

* 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 Sandvik AB was 4.32. The lowest was 1.50. And the median was 2.28.


Be Aware

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


Sandvik AB Cyclically Adjusted Revenue per Share Related Terms


Sandvik AB Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Sandvik AB'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.

Sandvik AB Cyclically Adjusted Revenue per Share Chart

Sandvik AB 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 78.39 87.55 92.50 94.03 94.81

Sandvik 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 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 93.92 94.53 94.51 94.81 95.29

OSTO:SAND vs GEV, ETN, PH: Cyclically Adjusted Revenue per Share Comparison

For the Specialty Industrial Machinery subindustry, Sandvik 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.


Sandvik AB Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sandvik AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


OSTO:SAND
81GF Score
Sandvik AB OSTO:SAND
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sandvik AB 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, Sandvik 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)
=24.448/133.5600*133.5600
=24.448

Current CPI (Mar. 2026) = 133.5600.

Sandvik AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 16.200 101.019 21.418
201609 15.717 101.138 20.756
201612 17.418 102.022 22.803
201703 17.346 102.022 22.708
201706 18.760 102.752 24.385
201709 17.226 103.279 22.277
201712 19.024 103.793 24.480
201803 18.816 103.962 24.173
201806 20.836 104.875 26.535
201809 19.358 105.679 24.465
201812 20.643 105.912 26.032
201903 19.884 105.886 25.081
201906 21.056 106.742 26.346
201909 20.019 107.214 24.938
201912 21.181 107.766 26.251
202003 18.795 106.563 23.557
202006 16.104 107.498 20.008
202009 16.037 107.635 19.900
202012 17.813 108.296 21.969
202103 14.755 108.360 18.186
202106 16.033 108.928 19.659
202109 17.299 110.338 20.940
202112 20.154 112.486 23.930
202203 19.849 114.825 23.088
202206 21.551 118.384 24.314
202209 23.318 122.296 25.466
202212 24.772 126.365 26.182
202303 24.664 127.042 25.929
202306 25.672 129.407 26.496
202309 25.057 130.224 25.699
202312 25.328 131.912 25.644
202403 23.085 132.205 23.322
202406 25.013 132.716 25.172
202409 24.133 132.304 24.362
202412 25.602 132.987 25.712
202503 23.331 132.825 23.460
202506 23.655 133.699 23.630
202509 23.280 133.480 23.294
202512 25.865 133.390 25.898
202603 24.448 133.560 24.448

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 kr95.29 mean?
Sandvik AB (OSTO:SAND) has a Cyclically Adjusted Revenue per Share of kr95.29 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 Sandvik AB and its competitors.
Is Sandvik AB's Cyclically Adjusted Revenue per Share too high?
Sandvik AB's current Cyclically Adjusted Revenue per Share is kr95.29. Overall, Sandvik AB has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandvik AB's Cyclically Adjusted Revenue per Share compare to GEV and ETN?
Sandvik AB's Cyclically Adjusted Revenue per Share of kr95.29 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products 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 Sandvik AB and its competitors. Sandvik AB's current Cyclically Adjusted Revenue per Share is kr95.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandvik AB stock overvalued right now?
Based on GuruFocus' analysis, Sandvik AB (OSTO:SAND) is currently considered Significantly Overvalued. The stock's GF Value™ is kr230.59, compared to a current price of kr372.90 — trading 61.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr95.29. Sandvik AB's overall GF Score™ is 81/100 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 Sandvik AB (OSTO:SAND), the current Cyclically Adjusted Revenue per Share is kr95.29 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 Sandvik AB (OSTO:SAND) Overvalued in 2026?

Based on GuruFocus' analysis, Sandvik AB stock appears to be overvalued. The current stock price of kr372.90 is trading 61.7% above its estimated GF Value™ of kr230.59. GuruFocus considers Sandvik AB to be Significantly Overvalued.

Key valuation signals for OSTO:SAND:

  • Cyclically Adjusted Revenue per Share: kr95.29
  • GF Value™: kr230.59 vs. price of kr372.90 (61.7% above fair value)
  • GF Score™: 81/100 with 8 warning signs

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


Sandvik AB Business Description

Address Kungsbron 1, Section G, Floor 5, Stockholm, SWE, 111 22
Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The group is composed of three segments: mining and rock solutions, rock processing, and machining. Sandvik was founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.
81GF Score

Get the complete analysis for OSTO:SAND

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

kr372.90
Price
kr230.59
GF Value