ACSAY (ACS Actividades de Construccion y Servicios) Cyclically Adjusted Book per Share: $4.24 (As of Mar. 2026)


ACSAY ACS Actividades de Construccion y Servicios SA ACSAY
70 GF Score
Price $30.19
GF Value $15.63
Valuation Significantly Overvalued
! 9 Warning Signs
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What is ACS Actividades de Construccion y Servicios Cyclically Adjusted Book per Share?

ACS Actividades de Construccion y Servicios ACSAY +2.65% 70 Cyclically Adjusted Book per Share is $4.24 as of Mar. 2026. GuruFocus rates ACSAY with a GF Score™ of 70/100 and a GF Value™ of $15.63 (Significantly Overvalued). The stock has 9 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

ACS Actividades de Construccion y Servicios's adjusted book value per share for the three months ended in Mar. 2026 was $4.336. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $4.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ACS Actividades de Construccion y Servicios's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of ACS Actividades de Construccion y Servicios was 9.70% per year. The lowest was -0.20% per year. And the median was 5.90% per year.

As of today (2026-06-26), ACS Actividades de Construccion y Servicios's current stock price is $30.19. ACS Actividades de Construccion y Servicios's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.24. ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio of today is 7.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ACS Actividades de Construccion y Servicios was 7.85. The lowest was 1.11. And the median was 2.58.


ACS Actividades de Construccion y Servicios  (OTCPK:ACSAY) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.19/4.24
=7.12

* 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 PB Ratio of ACS Actividades de Construccion y Servicios was 7.85. The lowest was 1.11. And the median was 2.58.


Be Aware

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


ACS Actividades de Construccion y Servicios Cyclically Adjusted Book per Share Related Terms


ACS Actividades de Construccion y Servicios Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for ACS Actividades de Construccion y Servicios's Cyclically Adjusted Book 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.

ACS Actividades de Construccion y Servicios Cyclically Adjusted Book per Share Chart

ACS Actividades de Construccion y Servicios Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.59 3.13 3.34 4.04

ACS Actividades de Construccion y Servicios Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book 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 3.50 3.88 3.99 4.04 4.24

ACSAY vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


ACS Actividades de Construccion y Servicios Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio falls into.


ACSAY
70GF Score
ACS Actividades de Construccion y Servicios SA ACSAY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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ACS Actividades de Construccion y Servicios Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, ACS Actividades de Construccion y Servicios's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.336/128.4016*128.4016
=4.336

Current CPI (Mar. 2026) = 128.4016.

ACS Actividades de Construccion y Servicios Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.319 100.333 2.968
201609 2.420 99.737 3.116
201612 2.433 101.842 3.068
201703 2.686 100.896 3.418
201706 2.654 101.848 3.346
201709 2.909 101.524 3.679
201712 1.601 102.975 1.996
201803 2.042 102.122 2.567
201806 1.695 104.165 2.089
201809 1.975 103.818 2.443
201812 3.210 104.193 3.956
201903 3.276 103.488 4.065
201906 2.972 104.612 3.648
201909 3.156 103.905 3.900
201912 3.239 105.015 3.960
202003 2.988 103.469 3.708
202006 2.766 104.254 3.407
202009 2.967 103.521 3.680
202012 3.021 104.456 3.714
202103 3.115 104.857 3.814
202106 2.992 107.102 3.587
202109 2.823 107.669 3.367
202112 5.191 111.298 5.989
202203 5.234 115.153 5.836
202206 4.756 118.044 5.173
202209 4.365 117.221 4.781
202212 4.551 117.650 4.967
202303 4.548 118.948 4.909
202306 4.434 120.278 4.733
202309 4.117 121.343 4.357
202312 4.460 121.300 4.721
202403 4.312 122.762 4.510
202406 3.968 124.409 4.095
202409 3.799 123.121 3.962
202412 3.875 124.753 3.988
202503 3.719 125.531 3.804
202506 3.781 127.251 3.815
202509 4.214 126.842 4.266
202512 4.342 128.402 4.342
202603 4.336 128.402 4.336

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $4.24 mean?
ACS Actividades de Construccion y Servicios (ACSAY) has a Cyclically Adjusted Book per Share of $4.24 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on ACS Actividades de Construccion y Servicios and its competitors.
Is ACS Actividades de Construccion y Servicios' Cyclically Adjusted Book per Share too high?
ACS Actividades de Construccion y Servicios' current Cyclically Adjusted Book per Share is $4.24. Overall, ACS Actividades de Construccion y Servicios has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ACS Actividades de Construccion y Servicios' Cyclically Adjusted Book per Share compare to PWR and FIX?
ACS Actividades de Construccion y Servicios' Cyclically Adjusted Book per Share of $4.24 can be compared against companies in the Construction 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 Book per Share for a Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction industry context. However, Cyclically Adjusted Book 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 Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on ACS Actividades de Construccion y Servicios and its competitors. ACS Actividades de Construccion y Servicios's current Cyclically Adjusted Book per Share is $4.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACS Actividades de Construccion y Servicios stock overvalued right now?
Based on GuruFocus' analysis, ACS Actividades de Construccion y Servicios (ACSAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.63, compared to a current price of $30.19 — trading 93.2% above its estimated fair value. The current Cyclically Adjusted Book per Share is $4.24. ACS Actividades de Construccion y Servicios' overall GF Score™ is 70/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For ACS Actividades de Construccion y Servicios (ACSAY), the current Cyclically Adjusted Book per Share is $4.24 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 ACS Actividades de Construccion y Servicios (ACSAY) Overvalued in 2026?

Based on GuruFocus' analysis, ACS Actividades de Construccion y Servicios stock appears to be overvalued. The current stock price of $30.19 is trading 93.2% above its estimated GF Value™ of $15.63. GuruFocus considers ACS Actividades de Construccion y Servicios to be Significantly Overvalued.

Key valuation signals for ACSAY:

  • Cyclically Adjusted Book per Share: $4.24
  • GF Value™: $15.63 vs. price of $30.19 (93.2% above fair value)
  • GF Score™: 70/100 with 9 warning signs

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


ACS Actividades de Construccion y Servicios Business Description

Address 102, Avenida Pio XII, Madrid, ESP, 28036
ACS Actividades de Construccion y Servicios SA completes construction and service activities for infrastructure and energy projects. In addition to infrastructure-related developments, the company constructs buildings and projects related to the mining sector. It has four operating segments: construction (majority of total revenue), Concessions, Services (which offers comprehensive maintenance services for buildings, public places and organisations) and corporate. Its services revolve around industrial engineering and operating energy, industrial, and mobility infrastructures. Additional sales are generated from aftermarket services and contracts to perform upkeep on existing structures. Approximately half of total revenue derives from the Americas.
70GF Score

Get the complete analysis for ACSAY

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

$30.19
Price
$15.63
GF Value