Atkinsrealis Group (TSX:ATRL) Cyclically Adjusted Book per Share: C$25.41 (As of Mar. 2026)


TSX:ATRL Atkinsrealis Group Inc TSX:ATRL
87 GF Score
Price C$87.65
GF Value C$85.90
Valuation Fairly Valued
! 2 Warning Signs
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What is Atkinsrealis Group Cyclically Adjusted Book per Share?

Atkinsrealis Group TSX:ATRL +1.49% 87 Cyclically Adjusted Book per Share is C$25.41 as of Mar. 2026. GuruFocus rates TSX:ATRL with a GF Score™ of 87/100 and a GF Value™ of C$85.90 (Fairly Valued). The stock has 2 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.

Atkinsrealis Group's adjusted book value per share for the three months ended in Mar. 2026 was C$33.006. 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 C$25.41 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Atkinsrealis Group's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 Atkinsrealis Group was 17.60% per year. The lowest was 2.30% per year. And the median was 12.05% per year.

As of today (2026-07-02), Atkinsrealis Group's current stock price is C$87.65. Atkinsrealis Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$25.41. Atkinsrealis Group's Cyclically Adjusted PB Ratio of today is 3.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atkinsrealis Group was 4.24. The lowest was 0.82. And the median was 1.91.


Atkinsrealis Group  (TSX:ATRL) 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.

Atkinsrealis Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=87.65/25.41
=3.45

* 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 Atkinsrealis Group was 4.24. The lowest was 0.82. And the median was 1.91.


Be Aware

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


Atkinsrealis Group Cyclically Adjusted Book per Share Related Terms


Atkinsrealis Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Atkinsrealis Group'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.

Atkinsrealis Group Cyclically Adjusted Book per Share Chart

Atkinsrealis Group 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 21.97 23.38 24.20 24.61 25.06

Atkinsrealis Group 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 24.75 24.95 25.05 25.06 25.41

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

For the Engineering & Construction subindustry, Atkinsrealis Group'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.


Atkinsrealis Group Cyclically Adjusted PB Ratio vs Construction Industry

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

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


TSX:ATRL
87GF Score
Atkinsrealis Group Inc TSX:ATRL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atkinsrealis Group 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, Atkinsrealis Group'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)
=33.006/132.2600*132.2600
=33.006

Current CPI (Mar. 2026) = 132.2600.

Atkinsrealis Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 25.095 102.002 32.539
201609 24.864 101.765 32.315
201612 25.760 101.449 33.584
201703 25.834 102.634 33.291
201706 26.634 103.029 34.191
201709 29.082 103.345 37.219
201712 29.775 103.345 38.106
201803 28.836 105.004 36.321
201806 28.612 105.557 35.850
201809 28.090 105.636 35.170
201812 20.796 105.399 26.096
201903 19.646 106.979 24.289
201906 6.291 107.690 7.726
201909 22.003 107.611 27.043
201912 21.162 107.769 25.971
202003 23.832 107.927 29.205
202006 19.535 108.401 23.835
202009 19.365 108.164 23.679
202012 14.568 108.559 17.748
202103 15.101 110.298 18.108
202106 15.651 111.720 18.529
202109 16.063 112.905 18.817
202112 16.937 113.774 19.689
202203 16.463 117.646 18.508
202206 16.774 120.806 18.364
202209 17.020 120.648 18.658
202212 16.345 120.964 17.871
202303 16.942 122.702 18.262
202306 16.795 124.203 17.884
202309 17.511 125.230 18.494
202312 18.656 125.072 19.728
202403 18.677 126.258 19.565
202406 19.363 127.522 20.082
202409 20.461 127.285 21.261
202412 21.581 127.364 22.411
202503 22.289 129.181 22.820
202506 31.728 129.892 32.306
202509 33.366 130.290 33.870
202512 33.424 130.370 33.909
202603 33.006 132.260 33.006

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 C$25.41 mean?
Atkinsrealis Group (TSX:ATRL) has a Cyclically Adjusted Book per Share of C$25.41 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 Atkinsrealis Group and its competitors.
Is Atkinsrealis Group's Cyclically Adjusted Book per Share too high?
Atkinsrealis Group's current Cyclically Adjusted Book per Share is C$25.41. Overall, Atkinsrealis Group has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atkinsrealis Group's Cyclically Adjusted Book per Share compare to PWR and FIX?
Atkinsrealis Group's Cyclically Adjusted Book per Share of C$25.41 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 Atkinsrealis Group and its competitors. Atkinsrealis Group's current Cyclically Adjusted Book per Share is C$25.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atkinsrealis Group stock overvalued right now?
Based on GuruFocus' analysis, Atkinsrealis Group (TSX:ATRL) is currently considered Fairly Valued. The stock's GF Value™ is C$85.90, compared to a current price of C$87.65 — trading 2% above its estimated fair value. The current Cyclically Adjusted Book per Share is C$25.41. Atkinsrealis Group's overall GF Score™ is 87/100 with 2 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 Atkinsrealis Group (TSX:ATRL), the current Cyclically Adjusted Book per Share is C$25.41 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 Atkinsrealis Group (TSX:ATRL) Overvalued in 2026?

Based on GuruFocus' analysis, Atkinsrealis Group stock appears to be overvalued. The current stock price of C$87.65 is trading 2% above its estimated GF Value™ of C$85.90. GuruFocus considers Atkinsrealis Group to be Fairly Valued.

Key valuation signals for TSX:ATRL:

  • Cyclically Adjusted Book per Share: C$25.41
  • GF Value™: C$85.90 vs. price of C$87.65 (2% above fair value)
  • GF Score™: 87/100 with 2 warning signs

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


Atkinsrealis Group Business Description

Other Exchanges SNCAF:USALAV0:Germany
Address 455 Boulevard Rene-Levesque Ouest, Montreal, QC, CAN, H2Z 1Z3
Based in Montreal, AtkinsRéalis is a fully integrated professional services and project management firm that offers a wide range of services, including financing, consulting, engineering and construction, procurement, and operations and maintenance. The firm serves clients in the infrastructure, nuclear, and engineering design and project management industries. Additionally, it owns infrastructure projects through its capital segment. AtkinsRéalis generated approximately CAD 11 billion in sales in 2025.
87GF Score

Get the complete analysis for TSX:ATRL

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

C$87.65
Price
C$85.90
GF Value