Per Aarsleff Holding AS (CHIX:PAALBC) Cyclically Adjusted PS Ratio: 0.65 (As of Jul. 19, 2026) — Near Median

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CHIX:PAALBC Per Aarsleff Holding AS CHIX:PAALBC
93 GF Score
Price kr696.50
GF Value kr607.56
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Per Aarsleff Holding AS Cyclically Adjusted PS Ratio?

Per Aarsleff Holding AS CHIX:PAALBC 93 Cyclically Adjusted PS Ratio is 0.65 as of Jul. 19, 2026, which is at its 10-year median of 0.65. GuruFocus rates CHIX:PAALBC with a GF Score™ of 93/100 and a GF Value™ of kr607.56 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,357 Construction companies, Per Aarsleff Holding AS ranks worse than 54.31% on this metric.

As of today (2026-07-19), Per Aarsleff Holding AS's current share price is kr696.50. Per Aarsleff Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr1,075.68. Per Aarsleff Holding AS's Cyclically Adjusted PS Ratio for today is 0.65.

The historical rank and industry rank for Per Aarsleff Holding AS's Cyclically Adjusted PS Ratio or its related term are showing as below:

CHIX:PAALBc' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.65   Max: 1.01
Current: 0.82

During the past years, Per Aarsleff Holding AS's highest Cyclically Adjusted PS Ratio was 1.01. The lowest was 0.33. And the median was 0.65.

CHIX:PAALBc's Cyclically Adjusted PS Ratio is ranked worse than
54.31% of 1357 companies
in the Construction industry
Industry Median: 0.7 vs CHIX:PAALBc: 0.82

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.

Per Aarsleff Holding AS's adjusted revenue per share data for the three months ended in Mar. 2026 was kr314.640. 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 kr1,075.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Per Aarsleff Holding AS  (CHIX:PAALBc) 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.


Per Aarsleff Holding AS Cyclically Adjusted PS Ratio Related Terms


Per Aarsleff Holding AS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Per Aarsleff Holding AS'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.

Per Aarsleff Holding AS Cyclically Adjusted PS Ratio Chart

Per Aarsleff Holding AS Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.33 0.49 0.53 0.79

Per Aarsleff Holding AS 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 0.61 0.79 0.79 0.98 0.81

CHIX:PAALBC vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Per Aarsleff Holding AS'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.


Per Aarsleff Holding AS Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Per Aarsleff Holding AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Per Aarsleff Holding AS's Cyclically Adjusted PS Ratio falls into.


CHIX:PAALBC
93GF Score
Per Aarsleff Holding AS CHIX:PAALBC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Per Aarsleff Holding AS 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.

Per Aarsleff Holding AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=696.50/1075.68
=0.65

* 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.

Per Aarsleff Holding AS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Per Aarsleff Holding AS'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)
=314.64/121.6800*121.6800
=314.640

Current CPI (Mar. 2026) = 121.6800.

Per Aarsleff Holding AS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 132.605 100.600 160.391
201609 138.514 100.200 168.207
201612 142.997 100.300 173.478
201703 114.172 101.200 137.277
201706 142.100 101.200 170.857
201709 144.901 101.800 173.198
201712 147.158 101.300 176.764
201803 123.483 101.700 147.742
201806 161.151 102.300 191.680
201809 161.349 102.400 191.728
201812 166.278 102.100 198.166
201903 147.477 102.900 174.393
201906 178.715 102.900 211.332
201909 170.663 102.900 201.810
201912 173.857 102.900 205.587
202003 163.141 103.300 192.168
202006 164.096 103.200 193.481
202009 171.970 103.500 202.177
202012 182.647 103.400 214.937
202103 163.676 104.300 190.950
202106 183.869 105.000 213.078
202109 200.491 105.800 230.584
202112 208.508 106.600 238.004
202203 210.585 109.900 233.157
202206 233.709 113.600 250.332
202209 267.102 116.400 279.218
202212 273.042 115.900 286.659
202303 245.335 117.300 254.496
202306 273.289 116.400 285.686
202309 231.507 117.400 239.947
202312 270.171 116.700 281.700
202403 267.070 118.400 274.469
202406 294.698 118.500 302.606
202409 288.355 118.900 295.097
202412 284.691 118.900 291.347
202503 270.186 120.200 273.513
202506 296.413 120.700 298.820
202509 324.107 121.600 324.320
202512 320.240 121.200 321.508
202603 314.640 121.680 314.640

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 0.65 mean?
Per Aarsleff Holding AS (CHIX:PAALBC) has a Cyclically Adjusted PS Ratio of 0.65 as of Jul. 19, 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 Per Aarsleff Holding AS and its competitors. This is near median its historical median of 0.65. Over the past decade, Per Aarsleff Holding AS's Cyclically Adjusted PS Ratio has ranged from 0.33 to 1.01. According to the industry distribution chart, Per Aarsleff Holding AS ranks #737 out of 1357 companies in the Construction industry, placing it in the top 54.3%.
Is Per Aarsleff Holding AS's Cyclically Adjusted PS Ratio too high?
Per Aarsleff Holding AS's current Cyclically Adjusted PS Ratio of 0.65 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.01. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Per Aarsleff Holding AS's value of 0.65 is 7.1% below this industry median. Based on the distribution chart, Per Aarsleff Holding AS ranks #737 out of 1357 companies in the Construction industry, which is below the industry midpoint. Overall, Per Aarsleff Holding AS has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Per Aarsleff Holding AS's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Per Aarsleff Holding AS ranks #737 out of 1357 companies for Cyclically Adjusted PS Ratio. This places Per Aarsleff Holding AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Per Aarsleff Holding AS's value of 0.65 is 7.1% below this benchmark. Historically, Per Aarsleff Holding AS's own Cyclically Adjusted PS Ratio has ranged from 0.33 to 1.01 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.70, Per Aarsleff Holding AS 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 0.70, based on 1,357 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. Per Aarsleff Holding AS's current Cyclically Adjusted PS Ratio of 0.65 is 7.1% 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 Per Aarsleff Holding AS and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Per Aarsleff Holding AS's current Cyclically Adjusted PS Ratio is 0.65, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Per Aarsleff Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Per Aarsleff Holding AS (CHIX:PAALBC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr607.56, compared to a current price of kr696.50 — trading 14.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.65, which is near median its 10-year median of 0.65 and 7.1% below the Construction industry median of 0.70. Per Aarsleff Holding AS's overall GF Score™ is 93/100 with 1 warning sign 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 Per Aarsleff Holding AS (CHIX:PAALBC), the current Cyclically Adjusted PS Ratio is 0.65 as of Jul. 19, 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 Per Aarsleff Holding AS (CHIX:PAALBC) Overvalued in 2026?

Based on GuruFocus' analysis, Per Aarsleff Holding AS stock appears to be overvalued. The current stock price of kr696.50 is trading 14.6% above its estimated GF Value™ of kr607.56. GuruFocus considers Per Aarsleff Holding AS to be Modestly Overvalued.

Key valuation signals for CHIX:PAALBC:

  • Cyclically Adjusted PS Ratio: 0.65 (near median its 10-year median of 0.65)
  • GF Value™: kr607.56 vs. price of kr696.50 (14.6% above fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 7.1% below the Construction median (#737 of 1357)

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


Per Aarsleff Holding AS Business Description

Address Hasselager Alle 5, Viby J, DNK, 8260
Per Aarsleff Holding AS is a Denmark-based holding company specializing in infrastructure and construction services. It has Construction, Pipe technologies, Technical Solutions, Rail, and Ground engineering segments. The construction segment consists of construction, shell structures, building construction and international projects. The pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. The ground engineering segment comprises ground engineering, pile factories, and engineering. The rail segment comprises train station services, service center operations, and maintenance projects. It derives maximum revenue from the Construction segment. Geographically, the company has a business presence in Denmark and other countries.
93GF Score

Get the complete analysis for CHIX:PAALBC

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

kr696.50
Price
kr607.56
GF Value