AECOM (LTS:0H9N) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

LTS:0H9N AECOM LTS:0H9N
60 GF Score
Price $62.21
GF Value $101.12
Valuation Significantly Undervalued
! 3 Warning Signs
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What is AECOM Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AECOM  (LTS:0H9N) 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.


AECOM Cyclically Adjusted PB Ratio Related Terms


AECOM Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AECOM'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.

AECOM Cyclically Adjusted PB Ratio Chart

AECOM Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.44 2.51 3.05 3.89 5.00

AECOM Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.20 4.88 3.62 3.20 2.64

LTS:0H9N vs DY, TTEK, ACA: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, AECOM'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.


AECOM Cyclically Adjusted PB Ratio vs Construction Industry

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

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


LTS:0H9N
60GF Score
AECOM LTS:0H9N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AECOM 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.

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

For example, AECOM's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.644/333.9520*333.9520
=18.644

Current CPI (Jun. 2026) = 333.9520.

AECOM Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.083 241.428 31.929
201612 22.946 241.432 31.739
201703 23.971 243.801 32.835
201706 25.108 244.955 34.230
201709 26.755 246.819 36.200
201712 27.215 246.524 36.867
201803 26.614 249.554 35.615
201806 26.511 251.989 35.134
201809 27.254 252.439 36.054
201812 27.078 251.233 35.993
201903 27.933 254.202 36.696
201906 28.524 256.143 37.189
201909 24.760 256.759 32.204
201912 24.397 256.974 31.705
202003 23.067 258.115 29.844
202006 24.254 257.797 31.419
202009 21.736 260.280 27.888
202012 20.327 260.474 26.061
202103 19.943 264.877 25.144
202106 19.444 271.696 23.899
202109 19.764 274.310 24.061
202112 18.582 278.802 22.258
202203 18.826 287.504 21.867
202206 18.469 296.311 20.815
202209 18.753 296.808 21.100
202212 19.380 296.797 21.806
202303 19.729 301.836 21.828
202306 18.934 305.109 20.724
202309 17.500 307.789 18.988
202312 17.852 306.746 19.435
202403 17.622 312.332 18.842
202406 18.413 314.175 19.572
202409 17.883 315.301 18.941
202412 18.091 315.605 19.143
202503 18.681 319.799 19.508
202506 20.395 322.561 21.115
202509 20.459 324.800 21.035
202512 18.917 324.054 19.495
202603 19.309 330.213 19.528
202606 18.644 333.952 18.644

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.

Is AECOM (LTS:0H9N) Overvalued in 2026?

Based on GuruFocus' analysis, AECOM stock appears to be undervalued. The current stock price of $62.21 is trading 38.5% below its estimated GF Value™ of $101.12. GuruFocus considers AECOM to be Significantly Undervalued.

Key valuation signals for LTS:0H9N:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $101.12 vs. price of $62.21 (38.5% below fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the LTS:0H9N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AECOM Business Description

Other Exchanges ACM:USAE6Z:Germany
Address 13355 Noel Road, Suite 400, Dallas, TX, USA, 75240
Aecom is one of the largest global providers of advisory, design, and engineering services. It serves a broad spectrum of end markets, including water, transportation, and environment. Based in Dallas, Aecom employs 51,000 people. The company generated $16.1 billion in sales in fiscal 2025.
60GF Score

Get the complete analysis for LTS:0H9N

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

$62.21
Price
$101.12
GF Value