Atkinsrealis Group (FRA:LAV0) Cyclically Adjusted PB Ratio: 3.48 (As of Jul. 26, 2026) — 82% Above Median

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FRA:LAV0 Atkinsrealis Group Inc FRA:LAV0
82 GF Score
Price €53.34
GF Value €51.89
Valuation Fairly Valued
! 2 Warning Signs
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What is Atkinsrealis Group Cyclically Adjusted PB Ratio?

Atkinsrealis Group FRA:LAV0 -2.66% 82 Cyclically Adjusted PB Ratio is 3.48 as of Jul. 26, 2026, which is 82% above its 10-year median of 1.91. GuruFocus rates FRA:LAV0 with a GF Score™ of 82/100 and a GF Value™ of €51.89 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,359 Construction companies, Atkinsrealis Group ranks worse than 82.41% on this metric.

As of today (2026-07-26), Atkinsrealis Group's current share price is €53.34. Atkinsrealis Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €15.33. Atkinsrealis Group's Cyclically Adjusted PB Ratio for today is 3.48.

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

FRA:LAV0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.91   Max: 4.24
Current: 3.41

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

FRA:LAV0's Cyclically Adjusted PB Ratio is ranked worse than
82.41% of 1359 companies
in the Construction industry
Industry Median: 1.16 vs FRA:LAV0: 3.41

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 adjusted book value per share data for the three months ended in Mar. 2026 was €20.809. 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 €15.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atkinsrealis Group  (FRA:LAV0) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Atkinsrealis Group Cyclically Adjusted PB Ratio Related Terms


Atkinsrealis Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Atkinsrealis Group's Cyclically Adjusted PB 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.

Atkinsrealis Group Cyclically Adjusted PB Ratio Chart

Atkinsrealis Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.02 1.76 3.10 3.54

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 PB 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 2.76 3.83 4.01 3.54 3.52

FRA:LAV0 vs PWR, FIX, EME: Cyclically Adjusted PB Ratio 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.


FRA:LAV0
82GF Score
Atkinsrealis Group Inc FRA:LAV0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atkinsrealis Group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.34/15.33
=3.48

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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)
=20.809/132.2623*132.2623
=20.809

Current CPI (Mar. 2026) = 132.2623.

Atkinsrealis Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.322 102.002 22.461
201609 16.901 101.765 21.966
201612 18.308 101.449 23.869
201703 18.044 102.634 23.253
201706 17.829 103.029 22.888
201709 19.871 103.345 25.431
201712 19.704 103.345 25.218
201803 18.083 105.004 22.777
201806 18.661 105.557 23.382
201809 18.469 105.636 23.124
201812 13.605 105.399 17.073
201903 13.004 106.979 16.077
201906 4.190 107.690 5.146
201909 15.089 107.611 18.546
201912 14.462 107.769 17.749
202003 15.450 107.927 18.934
202006 12.801 108.401 15.619
202009 12.427 108.164 15.196
202012 9.349 108.559 11.390
202103 10.092 110.298 12.102
202106 10.631 111.720 12.586
202109 10.775 112.905 12.622
202112 11.710 113.774 13.613
202203 11.808 117.646 13.275
202206 12.393 120.806 13.568
202209 12.887 120.648 14.128
202212 11.358 120.964 12.419
202303 11.565 122.702 12.466
202306 11.668 124.203 12.425
202309 12.126 125.230 12.807
202312 12.751 125.072 13.484
202403 12.694 126.258 13.298
202406 13.125 127.522 13.613
202409 13.610 127.285 14.142
202412 14.466 127.364 15.022
202503 14.361 129.181 14.704
202506 20.126 129.892 20.493
202509 20.549 130.287 20.861
202512 20.691 130.366 20.992
202603 20.809 132.262 20.809

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

What does a Cyclically Adjusted PB Ratio of 3.48 mean?
Atkinsrealis Group (FRA:LAV0) has a Cyclically Adjusted PB Ratio of 3.48 as of Jul. 26, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Atkinsrealis Group and its competitors. This is 82% above median its historical median of 1.91. Over the past decade, Atkinsrealis Group's Cyclically Adjusted PB Ratio has ranged from 0.82 to 4.24. According to the industry distribution chart, Atkinsrealis Group ranks #1120 out of 1359 companies in the Construction industry, placing it in the top 82.4%.
Is Atkinsrealis Group's Cyclically Adjusted PB Ratio too high?
Atkinsrealis Group's current Cyclically Adjusted PB Ratio of 3.48 is 82% above median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 4.24. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Atkinsrealis Group's value of 3.48 is 200% above this industry median. Based on the distribution chart, Atkinsrealis Group ranks #1120 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Atkinsrealis Group has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atkinsrealis Group's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Atkinsrealis Group ranks #1120 out of 1359 companies for Cyclically Adjusted PB Ratio. This places Atkinsrealis Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Atkinsrealis Group's value of 3.48 is 200% above this benchmark. Historically, Atkinsrealis Group's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 4.24 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.16, Atkinsrealis Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,359 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Atkinsrealis Group's current Cyclically Adjusted PB Ratio of 3.48 is 200% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Atkinsrealis Group and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atkinsrealis Group's current Cyclically Adjusted PB Ratio is 3.48, which is 82% above median its own 10-year median of 1.91. 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 (FRA:LAV0) is currently considered Fairly Valued. The stock's GF Value™ is €51.89, compared to a current price of €53.34 — trading 2.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.48, which is 82% above median its 10-year median of 1.91 and 200% above the Construction industry median of 1.16. Atkinsrealis Group's overall GF Score™ is 82/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Atkinsrealis Group (FRA:LAV0), the current Cyclically Adjusted PB Ratio is 3.48 as of Jul. 26, 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 (FRA:LAV0) Overvalued in 2026?

Based on GuruFocus' analysis, Atkinsrealis Group stock appears to be overvalued. The current stock price of €53.34 is trading 2.8% above its estimated GF Value™ of €51.89. GuruFocus considers Atkinsrealis Group to be Fairly Valued.

Key valuation signals for FRA:LAV0:

  • Cyclically Adjusted PB Ratio: 3.48 (82% above median its 10-year median of 1.91)
  • GF Value™: €51.89 vs. price of €53.34 (2.8% above fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 200% above the Construction median (#1120 of 1359)

No single metric tells the full story. See the FRA:LAV0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atkinsrealis Group Business Description

Other Exchanges SNCAF:USAATRL:Canada
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.
82GF Score

Get the complete analysis for FRA:LAV0

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

€53.34
Price
€51.89
GF Value