ASGTF (Altus Group) Cyclically Adjusted PS Ratio: 2.97 (As of Jul. 07, 2026) — Near Median


ASGTF Altus Group Ltd ASGTF
54 GF Score
Price $32.50
GF Value $35.78
Valuation Fairly Valued
! 4 Warning Signs
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What is Altus Group Cyclically Adjusted PS Ratio?

Altus Group ASGTF +1.31% 54 Cyclically Adjusted PS Ratio is 2.97 as of Jul. 07, 2026, which is 6% below its 10-year median of 3.16. GuruFocus rates ASGTF with a GF Score™ of 54/100 and a GF Value™ of $35.78 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,359 Real Estate companies, Altus Group ranks worse than 63.58% on this metric.

As of today (2026-07-07), Altus Group's current share price is $32.50. Altus Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $10.93. Altus Group's Cyclically Adjusted PS Ratio for today is 2.97.

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

ASGTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.78   Med: 3.16   Max: 5.32
Current: 3.07

During the past years, Altus Group's highest Cyclically Adjusted PS Ratio was 5.32. The lowest was 1.78. And the median was 3.16.

ASGTF's Cyclically Adjusted PS Ratio is ranked worse than
63.58% of 1359 companies
in the Real Estate industry
Industry Median: 1.84 vs ASGTF: 3.07

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.

Altus Group's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.945. 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 $10.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altus Group  (OTCPK:ASGTF) 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.


Altus Group Cyclically Adjusted PS Ratio Related Terms


Altus Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Altus 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.

Altus Group Cyclically Adjusted PS Ratio Chart

Altus 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 5.18 3.66 2.74 3.66 3.75

Altus Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.35 3.44 3.89 3.75 3.13

ASGTF vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Altus 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.


Altus Group Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Altus Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ASGTF
54GF Score
Altus Group Ltd ASGTF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Altus 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.50/10.93
=2.97

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.945/132.2623*132.2623
=1.945

Current CPI (Mar. 2026) = 132.2623.

Altus Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.243 102.002 2.908
201609 2.294 101.765 2.981
201612 2.269 101.449 2.958
201703 2.162 102.634 2.786
201706 2.492 103.029 3.199
201709 2.453 103.345 3.139
201712 2.438 103.345 3.120
201803 2.504 105.004 3.154
201806 2.616 105.557 3.278
201809 2.381 105.636 2.981
201812 2.500 105.399 3.137
201903 2.231 106.979 2.758
201906 2.708 107.690 3.326
201909 2.369 107.611 2.912
201912 2.579 107.769 3.165
202003 2.301 107.927 2.820
202006 3.210 108.401 3.917
202009 2.467 108.164 3.017
202012 2.625 108.559 3.198
202103 2.621 110.298 3.143
202106 3.372 111.720 3.992
202109 2.911 112.905 3.410
202112 2.789 113.774 3.242
202203 2.997 117.646 3.369
202206 3.568 120.806 3.906
202209 2.935 120.648 3.218
202212 2.989 120.964 3.268
202303 3.098 122.702 3.339
202306 3.371 124.203 3.590
202309 2.004 125.230 2.117
202312 2.125 125.072 2.247
202403 2.035 126.258 2.132
202406 2.050 127.522 2.126
202409 2.026 127.285 2.105
202412 1.471 127.364 1.528
202503 1.587 129.181 1.625
202506 2.176 129.892 2.216
202509 2.208 130.287 2.241
202512 1.830 130.366 1.857
202603 1.945 132.262 1.945

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 2.97 mean?
Altus Group (ASGTF) has a Cyclically Adjusted PS Ratio of 2.97 as of Jul. 07, 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 Altus Group and its competitors. This is near median its historical median of 3.16. Over the past decade, Altus Group's Cyclically Adjusted PS Ratio has ranged from 1.78 to 5.32. According to the industry distribution chart, Altus Group ranks #864 out of 1359 companies in the Real Estate industry, placing it in the top 63.6%.
Is Altus Group's Cyclically Adjusted PS Ratio too high?
Altus Group's current Cyclically Adjusted PS Ratio of 2.97 is near median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 5.32. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.84. Altus Group's value of 2.97 is 61.4% above this industry median. Based on the distribution chart, Altus Group ranks #864 out of 1359 companies in the Real Estate industry, which is below the industry midpoint. Overall, Altus Group has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altus Group's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Altus Group ranks #864 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Altus Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.84. Altus Group's value of 2.97 is 61.4% above this benchmark. Historically, Altus Group's own Cyclically Adjusted PS Ratio has ranged from 1.78 to 5.32 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 1.84, Altus Group 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 PS Ratio for a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.84, based on 1,359 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. Altus Group's current Cyclically Adjusted PS Ratio of 2.97 is 61.4% 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 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 Altus Group and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altus Group's current Cyclically Adjusted PS Ratio is 2.97, which is near median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altus Group stock overvalued right now?
Based on GuruFocus' analysis, Altus Group (ASGTF) is currently considered Fairly Valued. The stock's GF Value™ is $35.78, compared to a current price of $32.50 — trading 9.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.97, which is near median its 10-year median of 3.16 and 61.4% above the Real Estate industry median of 1.84. Altus Group's overall GF Score™ is 54/100 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 Altus Group (ASGTF), the current Cyclically Adjusted PS Ratio is 2.97 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 Altus Group (ASGTF) Overvalued in 2026?

Based on GuruFocus' analysis, Altus Group stock appears to be undervalued. The current stock price of $32.50 is trading 9.2% below its estimated GF Value™ of $35.78. GuruFocus considers Altus Group to be Fairly Valued.

Key valuation signals for ASGTF:

  • Cyclically Adjusted PS Ratio: 2.97 (near median its 10-year median of 3.16)
  • GF Value™: $35.78 vs. price of $32.50 (9.2% below fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 61.4% above the Real Estate median (#864 of 1359)

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


Altus Group Business Description

Other Exchanges AIF:Canada
Address 33 Yonge Street, Suite 810, Toronto, ON, CAN, M5E 1G4
Altus Group Ltd is a provider of asset and fund intelligence for commercial real estate. The company delivers intelligence as a service to its clients through a connected platform of technology, analytics, and advisory services. The various services provided by the company include valuation advisory, property appraisals, development advisory, quantity surveying, and others, and the different software products offered include Forbury, ARGUS Intelligence, Reonomy, and Altus Data Studio, among others. The company's reportable segments are Analytics and Appraisals, and Development Advisory. Maximum revenue is generated from its Analytics segment, whose portfolio includes software, data analytics, market data, Valuation Management Solutions (VMS), and technology consulting services.
54GF Score

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

$32.50
Price
$35.78
GF Value