QinetiQ Group (CHIX:QQL) Cyclically Adjusted PS Ratio: 1.64 (As of Jul. 12, 2026) — Near Median


CHIX:QQL QinetiQ Group PLC CHIX:QQL
77 GF Score
Price £4.50
GF Value £4.65
Valuation Fairly Valued
! 3 Warning Signs
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What is QinetiQ Group Cyclically Adjusted PS Ratio?

QinetiQ Group CHIX:QQL -3.26% 77 Cyclically Adjusted PS Ratio is 1.64 as of Jul. 12, 2026, which is 1% below its 10-year median of 1.65. GuruFocus rates CHIX:QQL with a GF Score™ of 77/100 and a GF Value™ of £4.65 (Fairly Valued). The stock has 3 warning signs investors should review. Among 224 Aerospace & Defense companies, QinetiQ Group ranks better than 70.54% on this metric.

As of today (2026-07-12), QinetiQ Group's current share price is £4.504. QinetiQ Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was £2.75. QinetiQ Group's Cyclically Adjusted PS Ratio for today is 1.64.

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

CHIX:QQl' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.65   Max: 2.34
Current: 1.64

During the past 13 years, QinetiQ Group's highest Cyclically Adjusted PS Ratio was 2.34. The lowest was 0.95. And the median was 1.65.

CHIX:QQl's Cyclically Adjusted PS Ratio is ranked better than
70.54% of 224 companies
in the Aerospace & Defense industry
Industry Median: 3.12 vs CHIX:QQl: 1.64

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.

QinetiQ Group's adjusted revenue per share data of for the fiscal year that ended in Mar26 was £3.539. 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 £2.75 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


QinetiQ Group  (CHIX:QQl) 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.


QinetiQ Group Cyclically Adjusted PS Ratio Related Terms


QinetiQ Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for QinetiQ 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.

QinetiQ Group Cyclically Adjusted PS Ratio Chart

QinetiQ Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.63 1.63 1.55 1.65

QinetiQ Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.63 0.00 1.55 0.00 1.65

CHIX:QQL vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, QinetiQ 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.


QinetiQ Group Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:QQL
77GF Score
QinetiQ Group PLC CHIX:QQL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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QinetiQ 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.504/2.75
=1.64

* 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.

QinetiQ Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, QinetiQ Group's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=3.539/140.8000*140.8000
=3.539

Current CPI (Mar26) = 140.8000.

QinetiQ Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 1.353 102.700 1.855
201803 1.469 105.100 1.968
201903 1.598 107.000 2.103
202003 1.874 108.600 2.430
202103 2.220 109.700 2.849
202203 2.278 116.500 2.753
202303 2.715 126.800 3.015
202403 3.265 131.600 3.493
202503 3.384 136.100 3.501
202603 3.539 140.800 3.539

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 1.64 mean?
QinetiQ Group (CHIX:QQL) has a Cyclically Adjusted PS Ratio of 1.64 as of Jul. 12, 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 QinetiQ Group and its competitors. This is near median its historical median of 1.65. Over the past decade, QinetiQ Group's Cyclically Adjusted PS Ratio has ranged from 0.95 to 2.34. According to the industry distribution chart, QinetiQ Group ranks #66 out of 224 companies in the Aerospace & Defense industry, placing it in the top 29.5%.
Is QinetiQ Group's Cyclically Adjusted PS Ratio too high?
QinetiQ Group's current Cyclically Adjusted PS Ratio of 1.64 is near median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 2.34. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.12. QinetiQ Group's value of 1.64 is 47.4% below this industry median. Based on the distribution chart, QinetiQ Group ranks #66 out of 224 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, QinetiQ Group has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does QinetiQ Group's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, QinetiQ Group ranks #66 out of 224 companies for Cyclically Adjusted PS Ratio. This puts QinetiQ Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.12. QinetiQ Group's value of 1.64 is 47.4% below this benchmark. Historically, QinetiQ Group's own Cyclically Adjusted PS Ratio has ranged from 0.95 to 2.34 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 3.12, QinetiQ 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 an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 3.12, based on 224 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. QinetiQ Group's current Cyclically Adjusted PS Ratio of 1.64 is 47.4% 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 QinetiQ Group and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QinetiQ Group's current Cyclically Adjusted PS Ratio is 1.64, which is near median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QinetiQ Group stock overvalued right now?
Based on GuruFocus' analysis, QinetiQ Group (CHIX:QQL) is currently considered Fairly Valued. The stock's GF Value™ is £4.65, compared to a current price of £4.50 — trading 3.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.64, which is near median its 10-year median of 1.65 and 47.4% below the Aerospace & Defense industry median of 3.12. QinetiQ Group's overall GF Score™ is 77/100 with 3 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 QinetiQ Group (CHIX:QQL), the current Cyclically Adjusted PS Ratio is 1.64 as of Jul. 12, 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 QinetiQ Group (CHIX:QQL) Overvalued in 2026?

Based on GuruFocus' analysis, QinetiQ Group stock appears to be undervalued. The current stock price of £4.50 is trading 3.1% below its estimated GF Value™ of £4.65. GuruFocus considers QinetiQ Group to be Fairly Valued.

Key valuation signals for CHIX:QQL:

  • Cyclically Adjusted PS Ratio: 1.64 (near median its 10-year median of 1.65)
  • GF Value™: £4.65 vs. price of £4.50 (3.1% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 47.4% below the Aerospace & Defense median (#66 of 224)

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


QinetiQ Group Business Description

Address Ively Road, Cody Technology Park, Farnborough, Hampshire, GBR, GU14 0LX
QinetiQ Group PLC is a company operating in the aerospace, defense, and security sectors. Its operating segments are EMEA Services, and Global Solutions. It generates majority of revenue from EMES Services. EMEA Services provides technical assurance, test and evaluation and training services, underpinned by long-term contracts. EMEA Services comprises business units which are not considered reportable segments as defined UK Defence, UK Intelligence and the Australia sector. Global Solutions combines all other business units not aggregated within EMEA Services. It has presence in United Kingdom (UK), United States of America (US), Australia, Home countries, Europe, and Rest of world of which majority of revenue comes from Home countries.
77GF Score

Get the complete analysis for CHIX:QQL

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

£4.50
Price
£4.65
GF Value