ADFJF (ADF Group) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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

ADFJF ADF Group Inc ADFJF
73 GF Score
Price $9.58
GF Value $8.21
Valuation Modestly Overvalued
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What is ADF Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ADF Group  (OTCPK:ADFJF) Cyclically Adjusted PS Ratio Explanation

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


ADF Group Cyclically Adjusted PS Ratio Related Terms


ADF Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ADF Group's Cyclically Adjusted PS 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.

ADF Group Cyclically Adjusted PS Ratio Chart

ADF Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.29 1.26 1.02 1.13

ADF Group Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Cyclically Adjusted PS 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 1.13 0.90 1.13 1.21 1.77

ADFJF vs ATI, CRS, MLI: Cyclically Adjusted PS Ratio Comparison

For the Metal Fabrication subindustry, ADF Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


ADF Group Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ADF Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ADFJF
73GF Score
ADF Group Inc ADFJF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ADF Group Cyclically Adjusted PS Ratio Calculation

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

ADF Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, ADF Group's adjusted Revenue per Share data for the three months ended in Jul. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=2.383/134.2375*134.2375
=2.383

Current CPI (Jul. 2026) = 134.2375.

ADF Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 0.492 102.002 0.647
201701 0.838 102.318 1.099
201704 1.119 103.029 1.458
201707 1.049 103.029 1.367
201710 0.912 103.424 1.184
201801 1.195 104.056 1.542
201804 0.685 105.320 0.873
201807 0.757 106.110 0.958
201810 1.072 105.952 1.358
201901 0.663 105.557 0.843
201904 0.855 107.453 1.068
201907 1.248 108.243 1.548
201910 0.975 107.927 1.213
202001 1.079 108.085 1.340
202004 1.020 107.216 1.277
202007 0.953 108.401 1.180
202010 1.092 108.638 1.349
202101 0.883 109.192 1.086
202104 1.227 110.851 1.486
202107 1.824 112.431 2.178
202110 2.687 113.695 3.172
202201 1.137 114.801 1.329
202204 1.645 118.357 1.866
202207 1.581 120.964 1.754
202210 1.497 121.517 1.654
202301 1.170 121.596 1.292
202304 1.816 123.571 1.973
202307 1.842 124.914 1.979
202310 1.854 125.310 1.986
202401 2.002 125.072 2.149
202404 2.425 126.890 2.565
202407 1.753 128.075 1.837
202410 1.960 127.838 2.058
202501 1.869 127.443 1.969
202504 1.358 129.102 1.412
202507 1.356 130.290 1.397
202510 1.796 130.603 1.846
202601 1.989 130.366 2.048
202604 2.536 132.736 2.565
202607 2.383 134.238 2.383

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 ADF Group (ADFJF) Overvalued in 2026?

Based on GuruFocus' analysis, ADF Group stock appears to be overvalued. The current stock price of $9.58 is trading 16.7% above its estimated GF Value™ of $8.21. GuruFocus considers ADF Group to be Modestly Overvalued.

Key valuation signals for ADFJF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $8.21 vs. price of $9.58 (16.7% above fair value)
  • GF Score™: 73/100

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


ADF Group Business Description

Other Exchanges 4QM:GermanyDRX:Canada
Address 300 Henry-Bessemer Street, Terrebonne, QC, CAN, J6Y 1T3
ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services are intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures and energy. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators in the United States and Canada.
73GF Score

Get the complete analysis for ADFJF

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

$9.58
Price
$8.21
GF Value