Stantec (MEX:STNN) Cyclically Adjusted PB Ratio: 5.29 (As of Jul. 21, 2026) — 40% Above Median

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MEX:STNN Stantec Inc MEX:STNN
86 GF Score
Price MXN884.86
GF Value MXN1,152.82
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What is Stantec Cyclically Adjusted PB Ratio?

Stantec MEX:STNN 86 Cyclically Adjusted PB Ratio is 5.29 as of Jul. 21, 2026, which is 40% above its 10-year median of 3.79. GuruFocus rates MEX:STNN with a GF Score™ of 86/100 and a GF Value™ of MXN1,152.82. Among 1,361 Construction companies, Stantec ranks worse than 86.33% on this metric.

As of today (2026-07-21), Stantec's current share price is MXN884.86. Stantec's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN167.32. Stantec's Cyclically Adjusted PB Ratio for today is 5.29.

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

MEX:STNN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.25   Med: 3.79   Max: 7.18
Current: 4.28

During the past years, Stantec's highest Cyclically Adjusted PB Ratio was 7.18. The lowest was 2.25. And the median was 3.79.

MEX:STNN's Cyclically Adjusted PB Ratio is ranked worse than
86.33% of 1361 companies
in the Construction industry
Industry Median: 1.18 vs MEX:STNN: 4.28

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.

Stantec's adjusted book value per share data for the three months ended in Mar. 2026 was MXN388.930. 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 MXN167.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stantec  (MEX:STNN) 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.


Stantec Cyclically Adjusted PB Ratio Related Terms


Stantec Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stantec'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.

Stantec Cyclically Adjusted PB Ratio Chart

Stantec 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 4.56 3.71 5.57 5.48 5.86

Stantec 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 5.64 6.89 6.87 5.86 5.29

MEX:STNN vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Stantec'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.


Stantec Cyclically Adjusted PB Ratio vs Construction Industry

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

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


MEX:STNN
86GF Score
Stantec Inc MEX:STNN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stantec 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.

Stantec's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=884.86/167.32
=5.29

* 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.

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

For example, Stantec'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)
=388.93/132.2623*132.2623
=388.930

Current CPI (Mar. 2026) = 132.2623.

Stantec Quarterly Data

Book Value per Share CPI Adj_Book
201606 234.243 102.002 303.736
201609 249.768 101.765 324.621
201612 267.676 101.449 348.979
201703 233.197 102.634 300.517
201706 228.379 103.029 293.180
201709 244.181 103.345 312.507
201712 255.862 103.345 327.457
201803 239.411 105.004 301.560
201806 259.912 105.557 325.668
201809 239.933 105.636 300.410
201812 249.123 105.399 312.618
201903 241.809 106.979 298.957
201906 239.558 107.690 294.219
201909 252.906 107.611 310.840
201912 241.519 107.769 296.410
202003 302.614 107.927 370.846
202006 309.335 108.401 377.425
202009 305.590 108.164 373.673
202012 269.799 108.559 328.707
202103 284.602 110.298 341.278
202106 280.784 111.720 332.413
202109 293.622 112.905 343.963
202112 288.148 113.774 334.972
202203 281.144 117.646 316.075
202206 284.744 120.806 311.747
202209 299.048 120.648 327.836
202212 257.962 120.964 282.056
202303 276.812 122.702 298.380
202306 272.241 124.203 289.906
202309 285.777 125.230 301.824
202312 271.875 125.072 287.504
202403 307.136 126.258 321.743
202406 347.209 127.522 360.116
202409 348.312 127.285 361.933
202412 377.956 127.364 392.493
202503 379.706 129.181 388.763
202506 367.522 129.892 374.229
202509 375.463 130.287 381.155
202512 370.789 130.366 376.182
202603 388.930 132.262 388.930

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 5.29 mean?
Stantec (MEX:STNN) has a Cyclically Adjusted PB Ratio of 5.29 as of Jul. 21, 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 Stantec and its competitors. This is 40% above median its historical median of 3.79. Over the past decade, Stantec's Cyclically Adjusted PB Ratio has ranged from 2.25 to 7.18. According to the industry distribution chart, Stantec ranks #1175 out of 1361 companies in the Construction industry, placing it in the top 86.3%.
Is Stantec's Cyclically Adjusted PB Ratio too high?
Stantec's current Cyclically Adjusted PB Ratio of 5.29 is 40% above median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 2.25 to a high of 7.18. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. Stantec's value of 5.29 is 348.3% above this industry median. Based on the distribution chart, Stantec ranks #1175 out of 1361 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Stantec has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Stantec's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Stantec ranks #1175 out of 1361 companies for Cyclically Adjusted PB Ratio. This places Stantec in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Stantec's value of 5.29 is 348.3% above this benchmark. Historically, Stantec's own Cyclically Adjusted PB Ratio has ranged from 2.25 to 7.18 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 1.18, Stantec 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 1.18, based on 1,361 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. Stantec's current Cyclically Adjusted PB Ratio of 5.29 is 348.3% 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 Stantec and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stantec's current Cyclically Adjusted PB Ratio is 5.29, which is 40% above median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stantec stock overvalued right now?
Stantec (MEX:STNN) has a current Cyclically Adjusted PB Ratio of 5.29. The stock's GF Value™ is MXN1,152.82, compared to a current price of MXN884.86 — trading 23.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.29, which is 40% above median its 10-year median of 3.79 and 348.3% above the Construction industry median of 1.18. Stantec's overall GF Score™ is 86/100. 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 Stantec (MEX:STNN), the current Cyclically Adjusted PB Ratio is 5.29 as of Jul. 21, 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 Stantec (MEX:STNN) Overvalued in 2026?

Based on GuruFocus' analysis, Stantec stock appears to be undervalued. The current stock price of MXN884.86 is trading 23.2% below its estimated GF Value™ of MXN1,152.82.

Key valuation signals for MEX:STNN:

  • Cyclically Adjusted PB Ratio: 5.29 (40% above median its 10-year median of 3.79)
  • GF Value™: MXN1,152.82 vs. price of MXN884.86 (23.2% below fair value)
  • GF Score™: 86/100
  • Industry Position: 348.3% above the Construction median (#1175 of 1361)

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


Stantec Business Description

Address 10220 - 103 Avenue NW, Suite 300, Edmonton, AB, CAN, T5J 0K4
Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. It offers services through the following business operating units; Environmental Services, Infrastructure, Water, Buildings, and Energy & Resources. Maximum revenue is derived from its Infrastructure business unit, which is engaged in evaluating, planning, and designing infrastructure solutions for transportation, community development, and urban spaces. The company's reportable segments are the United States, which derives maximum revenue, Canada, and Global. These segments provide consulting in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics services in the area of infrastructure and facilities.
86GF Score

Get the complete analysis for MEX:STNN

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

MXN884.86
Price
MXN1,152.82
GF Value