Sacyr (XMAD:SCYR) Cyclically Adjusted PB Ratio: 2.51 (As of Jul. 07, 2026) — 199% Above Median


XMAD:SCYR Sacyr SA XMAD:SCYR
71 GF Score
Price €4.92
GF Value €3.05
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Sacyr Cyclically Adjusted PB Ratio?

Sacyr XMAD:SCYR +0.90% 71 Cyclically Adjusted PB Ratio is 2.51 as of Jul. 07, 2026, which is 199% above its 10-year median of 0.84. GuruFocus rates XMAD:SCYR with a GF Score™ of 71/100 and a GF Value™ of €3.05 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,358 Construction companies, Sacyr ranks worse than 73.2% on this metric.

As of today (2026-07-07), Sacyr's current share price is €4.924. Sacyr's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.96. Sacyr's Cyclically Adjusted PB Ratio for today is 2.51.

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

XMAD:SCYR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.84   Max: 2.53
Current: 2.49

During the past years, Sacyr's highest Cyclically Adjusted PB Ratio was 2.53. The lowest was 0.28. And the median was 0.84.

XMAD:SCYR's Cyclically Adjusted PB Ratio is ranked worse than
73.2% of 1358 companies
in the Construction industry
Industry Median: 1.2 vs XMAD:SCYR: 2.49

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.

Sacyr's adjusted book value per share data for the three months ended in Mar. 2026 was €1.249. 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 €1.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sacyr  (XMAD:SCYR) 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.


Sacyr Cyclically Adjusted PB Ratio Related Terms


Sacyr Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sacyr'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.

Sacyr Cyclically Adjusted PB Ratio Chart

Sacyr 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 0.85 1.06 1.39 1.46 1.93

Sacyr 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 1.49 1.63 1.75 1.93 2.15

XMAD:SCYR vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Sacyr'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.


Sacyr Cyclically Adjusted PB Ratio vs Construction Industry

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

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


XMAD:SCYR
71GF Score
Sacyr SA XMAD:SCYR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sacyr 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.924/1.96
=2.51

* 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.

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

For example, Sacyr'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)
=1.249/129.8600*129.8600
=1.249

Current CPI (Mar. 2026) = 129.8600.

Sacyr Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.107 100.333 4.021
201609 3.072 99.737 4.000
201612 3.313 101.842 4.224
201703 3.286 100.896 4.229
201706 2.992 101.848 3.815
201709 3.051 101.524 3.903
201712 3.016 102.975 3.803
201803 2.161 102.122 2.748
201806 2.295 104.165 2.861
201809 2.374 103.818 2.969
201812 2.035 104.193 2.536
201903 1.977 103.488 2.481
201906 2.144 104.612 2.661
201909 1.999 103.905 2.498
201912 1.422 105.015 1.758
202003 1.245 103.469 1.563
202006 1.210 104.254 1.507
202009 1.046 103.521 1.312
202012 0.924 104.456 1.149
202103 0.971 104.857 1.203
202106 0.951 107.102 1.153
202109 1.059 107.669 1.277
202112 0.650 111.298 0.758
202203 0.822 115.153 0.927
202206 0.849 118.044 0.934
202209 0.962 117.221 1.066
202212 0.825 117.650 0.911
202303 0.891 118.948 0.973
202306 0.991 120.278 1.070
202309 1.075 121.343 1.150
202312 1.167 121.300 1.249
202403 1.131 122.762 1.196
202406 1.316 124.409 1.374
202409 1.256 123.121 1.325
202412 1.300 124.753 1.353
202503 1.264 125.531 1.308
202506 1.146 127.251 1.169
202509 1.169 126.840 1.197
202512 1.350 128.400 1.365
202603 1.249 129.860 1.249

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 2.51 mean?
Sacyr (XMAD:SCYR) has a Cyclically Adjusted PB Ratio of 2.51 as of Jul. 07, 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 Sacyr and its competitors. This is 199% above median its historical median of 0.84. Over the past decade, Sacyr's Cyclically Adjusted PB Ratio has ranged from 0.28 to 2.53. According to the industry distribution chart, Sacyr ranks #994 out of 1358 companies in the Construction industry, placing it in the top 73.2%.
Is Sacyr's Cyclically Adjusted PB Ratio too high?
Sacyr's current Cyclically Adjusted PB Ratio of 2.51 is 199% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.53. The Construction industry median Cyclically Adjusted PB Ratio is 1.20. Sacyr's value of 2.51 is 109.2% above this industry median. Based on the distribution chart, Sacyr ranks #994 out of 1358 companies in the Construction industry, which is below the industry midpoint. Overall, Sacyr has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sacyr's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Sacyr ranks #994 out of 1358 companies for Cyclically Adjusted PB Ratio. This places Sacyr in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Sacyr's value of 2.51 is 109.2% above this benchmark. Historically, Sacyr's own Cyclically Adjusted PB Ratio has ranged from 0.28 to 2.53 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.20, Sacyr 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 1.20, based on 1,358 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. Sacyr's current Cyclically Adjusted PB Ratio of 2.51 is 109.2% 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 Sacyr and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sacyr's current Cyclically Adjusted PB Ratio is 2.51, which is 199% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sacyr stock overvalued right now?
Based on GuruFocus' analysis, Sacyr (XMAD:SCYR) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.05, compared to a current price of €4.92 — trading 61.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.51, which is 199% above median its 10-year median of 0.84 and 109.2% above the Construction industry median of 1.20. Sacyr's overall GF Score™ is 71/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Sacyr (XMAD:SCYR), the current Cyclically Adjusted PB Ratio is 2.51 as of Jul. 07, 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 Sacyr (XMAD:SCYR) Overvalued in 2026?

Based on GuruFocus' analysis, Sacyr stock appears to be overvalued. The current stock price of €4.92 is trading 61.4% above its estimated GF Value™ of €3.05. GuruFocus considers Sacyr to be Significantly Overvalued.

Key valuation signals for XMAD:SCYR:

  • Cyclically Adjusted PB Ratio: 2.51 (199% above median its 10-year median of 0.84)
  • GF Value™: €3.05 vs. price of €4.92 (61.4% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 109.2% above the Construction median (#994 of 1358)

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


Sacyr Business Description

Address Calle Condesa de Venadito, 7, Madrid, ESP, 28027
Sacyr SA develops complex infrastructure projects and provides construction services for various industrial markets. It constructs roads, buildings, water systems, plants, and equipment to enhance working environments within facilities. The company has three business divisions: concessions, infrastructures, and water. Sacyr Concesiones is engaged in infrastructure development, with operations in 15 countries and a diversified 60-asset portfolio. Sacyr Engineering and Infrastructure is its construction subsidiary. It is one of the developer companies of large-scale civil engineering, industrial transport infrastructure, and building projects. Sacyr Water oversees the integrated water cycle. It operates on five continents, with Europe and South America both important regions.
71GF Score

Get the complete analysis for XMAD:SCYR

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

€4.92
Price
€3.05
GF Value