Volkswagen AG (WAR:VOW) Cyclically Adjusted Revenue per Share: zł2,698.71 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:VOW Volkswagen AG WAR:VOW
85 GF Score
Price zł313.80
GF Value zł444.09
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Volkswagen AG Cyclically Adjusted Revenue per Share?

Volkswagen AG WAR:VOW 85 Cyclically Adjusted Revenue per Share is zł2,698.71 as of Jun. 2026. GuruFocus rates WAR:VOW with a GF Score™ of 85/100 and a GF Value™ of zł444.09 (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 Jun. 2026 was zł719.380. 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 zł2,698.71 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Volkswagen AG's average Cyclically Adjusted Revenue Growth Rate was 3.80% 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 (2026-07-25), Volkswagen AG's current stock price is zł313.80. Volkswagen AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was zł2,698.71. 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  (WAR: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
=313.80/2698.71
=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 0.00 0.00 2,407.82 2,428.94 2,564.26

Volkswagen 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 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 2,545.63 2,575.11 2,564.26 2,682.90 2,698.71

WAR: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.


WAR:VOW
85GF Score
Volkswagen AG WAR: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 Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=719.38/131.3638*131.3638
=719.380

Current CPI (Jun. 2026) = 131.3638.

Volkswagen AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 441.993 101.017 574.774
201612 458.089 101.217 594.528
201703 455.214 101.417 589.632
201706 503.378 102.117 647.548
201709 493.932 102.717 631.684
201712 533.190 102.617 682.555
201803 543.792 102.917 694.098
201806 541.041 104.017 683.283
201809 487.835 104.718 611.969
201812 527.972 104.217 665.497
201903 513.604 104.217 647.387
201906 557.857 105.718 693.188
201909 512.322 106.018 634.805
201912 555.553 105.818 689.673
202003 460.760 105.718 572.536
202006 350.343 106.618 431.658
202009 529.503 105.818 657.334
202012 621.031 105.518 773.151
202103 562.406 107.518 687.139
202106 614.060 108.486 743.556
202109 507.281 109.435 608.933
202112 544.293 110.384 647.745
202203 523.090 113.968 602.933
202206 556.433 115.760 631.435
202209 529.970 118.818 585.930
202212 611.086 119.345 672.627
202303 617.888 122.402 663.125
202306 656.942 123.140 700.813
202309 637.314 124.195 674.103
202312 720.073 123.773 764.235
202403 621.232 125.038 652.660
202406 679.440 125.882 709.030
202409 659.693 126.198 686.698
202412 692.975 127.041 716.554
202503 635.052 127.779 652.867
202506 705.900 128.412 722.128
202509 713.874 129.255 725.520
202512 738.277 129.361 749.710
202603 662.448 131.258 662.980
202606 719.380 131.364 719.380

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 zł2,698.71 mean?
Volkswagen AG (WAR:VOW) has a Cyclically Adjusted Revenue per Share of zł2,698.71 as of Jun. 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 zł2,698.71. Overall, Volkswagen AG has a GF Score™ of 85/100 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 zł2,698.71 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 zł2,698.71. 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 (WAR:VOW) is currently considered Modestly Undervalued. The stock's GF Value™ is zł444.09, compared to a current price of zł313.80 — trading 29.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is zł2,698.71. Volkswagen AG's overall GF Score™ is 85/100 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 (WAR:VOW), the current Cyclically Adjusted Revenue per Share is zł2,698.71 as of Jun. 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 (WAR:VOW) Overvalued in 2026?

Based on GuruFocus' analysis, Volkswagen AG stock appears to be undervalued. The current stock price of zł313.80 is trading 29.3% below its estimated GF Value™ of zł444.09. GuruFocus considers Volkswagen AG to be Modestly Undervalued.

Key valuation signals for WAR:VOW:

  • Cyclically Adjusted Revenue per Share: zł2,698.71
  • GF Value™: zł444.09 vs. price of zł313.80 (29.3% below fair value)
  • GF Score™: 85/100 with 8 warning signs

No single metric tells the full story. See the WAR: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.
85GF Score

Get the complete analysis for WAR:VOW

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

zł313.80
Price
zł444.09
GF Value