AEGXF (Aecon Group) Cyclically Adjusted PS Ratio: 0.70 (As of Aug. 31, 2026) — 75% Above Median

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AEGXF Aecon Group Inc AEGXF
79 GF Score
Price $31.74
GF Value $19.06
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Aecon Group Cyclically Adjusted PS Ratio?

Aecon Group AEGXF -4.25% 79 Cyclically Adjusted PS Ratio is 0.70 as of Aug. 31, 2026, which is 75% above its 10-year median of 0.40. GuruFocus rates AEGXF with a GF Score™ of 79/100 and a GF Value™ of $19.06 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,364 Construction companies, Aecon Group ranks better than 51.76% on this metric.

As of today (2026-08-31), Aecon Group's current share price is $31.735. Aecon Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $45.04. Aecon Group's Cyclically Adjusted PS Ratio for today is 0.70.

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

AEGXF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.4   Max: 0.85
Current: 0.68

During the past years, Aecon Group's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.17. And the median was 0.40.

AEGXF's Cyclically Adjusted PS Ratio is ranked better than
51.76% of 1364 companies
in the Construction industry
Industry Median: 0.71 vs AEGXF: 0.68

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Aecon Group's adjusted revenue per share data for the three months ended in Jun. 2026 was $16.247. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $45.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aecon Group  (OTCPK:AEGXF) 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.


Aecon Group Cyclically Adjusted PS Ratio Related Terms


Aecon Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aecon 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.

Aecon Group Cyclically Adjusted PS Ratio Chart

Aecon Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.18 0.25 0.48 0.51

Aecon Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.35 0.40 0.51 0.67 0.71

AEGXF vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Aecon 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.


Aecon Group Cyclically Adjusted PS Ratio vs Construction Industry

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

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


AEGXF
79GF Score
Aecon Group Inc AEGXF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aecon 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.

Aecon Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.735/45.04
=0.70

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=16.247/133.5265*133.5265
=16.247

Current CPI (Jun. 2026) = 133.5265.

Aecon Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.952 101.765 11.746
201612 8.731 101.449 11.492
201703 6.882 102.634 8.953
201706 6.990 103.029 9.059
201709 8.438 103.345 10.902
201712 7.714 103.345 9.967
201803 5.802 105.004 7.378
201806 7.684 105.557 9.720
201809 10.497 105.636 13.268
201812 9.542 105.399 12.088
201903 6.522 106.979 8.140
201906 8.770 107.690 10.874
201909 10.452 107.611 12.969
201912 9.593 107.769 11.886
202003 7.045 107.927 8.716
202006 7.519 108.401 9.262
202009 10.240 108.164 12.641
202012 11.306 108.559 13.906
202103 8.032 110.298 9.724
202106 10.675 111.720 12.759
202109 12.487 112.905 14.768
202112 11.646 113.774 13.668
202203 10.171 117.646 11.544
202206 11.243 120.806 12.427
202209 12.042 120.648 13.327
202212 11.520 120.964 12.716
202303 9.802 122.702 10.667
202306 10.824 124.203 11.636
202309 10.967 125.230 11.694
202312 10.436 125.072 11.141
202403 9.384 126.258 9.924
202406 9.354 127.522 9.794
202409 14.111 127.285 14.803
202412 13.975 127.364 14.651
202503 11.050 129.181 11.422
202506 14.239 129.892 14.637
202509 16.494 130.287 16.904
202512 17.641 130.366 18.069
202603 13.599 132.262 13.729
202606 16.247 133.527 16.247

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.

What does a Cyclically Adjusted PS Ratio of 0.70 mean?
Aecon Group (AEGXF) has a Cyclically Adjusted PS Ratio of 0.70 as of Aug. 31, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Aecon Group and its competitors. This is 75% above median its historical median of 0.40. Over the past decade, Aecon Group's Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.85. According to the industry distribution chart, Aecon Group ranks #658 out of 1364 companies in the Construction industry, placing it in the top 48.2%.
Is Aecon Group's Cyclically Adjusted PS Ratio too high?
Aecon Group's current Cyclically Adjusted PS Ratio of 0.70 is 75% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.85. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Aecon Group's value of 0.70 is 1.4% below this industry median. Based on the distribution chart, Aecon Group ranks #658 out of 1364 companies in the Construction industry, which is above the industry midpoint. Overall, Aecon Group has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aecon Group's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Aecon Group ranks #658 out of 1364 companies for Cyclically Adjusted PS Ratio. This puts Aecon Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Aecon Group's value of 0.70 is 1.4% below this benchmark. Historically, Aecon Group's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 0.85 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.71, Aecon Group has consistently been below 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 PS Ratio for a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,364 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aecon Group's current Cyclically Adjusted PS Ratio of 0.70 is 1.4% below 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Aecon Group and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aecon Group's current Cyclically Adjusted PS Ratio is 0.70, which is 75% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aecon Group stock overvalued right now?
Based on GuruFocus' analysis, Aecon Group (AEGXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.06, compared to a current price of $31.74 — trading 66.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.70, which is 75% above median its 10-year median of 0.40 and 1.4% below the Construction industry median of 0.71. Aecon Group's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Aecon Group (AEGXF), the current Cyclically Adjusted PS Ratio is 0.70 as of Aug. 31, 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 Aecon Group (AEGXF) Overvalued in 2026?

Based on GuruFocus' analysis, Aecon Group stock appears to be overvalued. The current stock price of $31.74 is trading 66.5% above its estimated GF Value™ of $19.06. GuruFocus considers Aecon Group to be Significantly Overvalued.

Key valuation signals for AEGXF:

  • Cyclically Adjusted PS Ratio: 0.70 (75% above median its 10-year median of 0.40)
  • GF Value™: $19.06 vs. price of $31.74 (66.5% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 1.4% below the Construction median (#658 of 1364)

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


Aecon Group Business Description

Other Exchanges 2AE:GermanyARE:Canada
Address 20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects. Its concessions segment is engaged in the development, financing, construction, and operation of construction projects. The company generates the maximum revenue from the Construction segment.
79GF Score

Get the complete analysis for AEGXF

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

$31.74
Price
$19.06
GF Value