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Aecon Group (Aecon Group) Cyclically Adjusted PS Ratio : 0.31 (As of May. 01, 2024)


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What is Aecon Group Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Aecon Group's current share price is $12.06. Aecon Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $38.67. Aecon Group's Cyclically Adjusted PS Ratio for today is 0.31.

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

AEGXF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.39   Max: 0.52
Current: 0.32

During the past years, Aecon Group's highest Cyclically Adjusted PS Ratio was 0.52. The lowest was 0.17. And the median was 0.39.

AEGXF's Cyclically Adjusted PS Ratio is ranked better than
71.38% of 1251 companies
in the Construction industry
Industry Median: 0.65 vs AEGXF: 0.32

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.

Aecon Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.384. 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 $38.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aecon Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aecon Group'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.

* Premium members only.

Aecon Group Cyclically Adjusted PS Ratio Chart

Aecon Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.38 0.37 0.18 0.25

Aecon Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.27 0.24 0.21 0.25 0.32

Competitive Comparison of Aecon Group's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Aecon Group'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.


Aecon Group's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aecon Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aecon Group 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.

Aecon Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.06/38.67
=0.31

* 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.

Aecon Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aecon Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.384/125.4675*125.4675
=9.384

Current CPI (Mar. 2024) = 125.4675.

Aecon Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.537 99.473 8.245
201409 9.162 99.394 11.565
201412 6.842 98.367 8.727
201503 4.834 99.789 6.078
201506 6.959 100.500 8.688
201509 7.949 100.421 9.932
201512 8.807 99.947 11.056
201603 7.114 101.054 8.833
201606 9.017 102.002 11.091
201609 8.952 101.765 11.037
201612 8.731 101.449 10.798
201703 6.882 102.634 8.413
201706 6.990 103.029 8.512
201709 8.438 103.345 10.244
201712 7.714 103.345 9.365
201803 5.802 105.004 6.933
201806 7.684 105.557 9.133
201809 10.497 105.636 12.468
201812 9.542 105.399 11.359
201903 6.522 106.979 7.649
201906 8.770 107.690 10.218
201909 10.452 107.611 12.186
201912 9.593 107.769 11.168
202003 7.045 107.927 8.190
202006 7.519 108.401 8.703
202009 10.240 108.164 11.878
202012 11.306 108.559 13.067
202103 8.032 110.298 9.137
202106 10.675 111.720 11.989
202109 12.487 112.905 13.876
202112 11.646 113.774 12.843
202203 10.171 117.646 10.847
202206 11.243 120.806 11.677
202209 12.042 120.648 12.523
202212 11.520 120.964 11.949
202303 9.802 122.702 10.023
202306 10.824 124.203 10.934
202309 10.967 125.230 10.988
202312 10.436 125.468 10.436
202403 9.384 125.468 9.384

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.


Aecon Group  (OTCPK:AEGXF) 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.


Aecon Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Aecon Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Aecon Group (Aecon Group) Business Description

Traded in Other Exchanges
Address
20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. The company generates the majority of its revenue from the Construction segment.

Aecon Group (Aecon Group) Headlines