EXP (Eagle Materials) Cyclically Adjusted PS Ratio: 3.73 (As of Aug. 01, 2026) — 19% Below Median

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EXP Eagle Materials Inc EXP
94 GF Score
Price $204.94
GF Value $244.24
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Eagle Materials Cyclically Adjusted PS Ratio?

Eagle Materials EXP -0.26% 94 Cyclically Adjusted PS Ratio is 3.73 as of Aug. 01, 2026, which is 19% below its 10-year median of 4.59. GuruFocus rates EXP with a GF Score™ of 94/100 and a GF Value™ of $244.24 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 323 Building Materials companies, Eagle Materials ranks worse than 87.93% on this metric.

As of today (2026-08-01), Eagle Materials's current share price is $204.94. Eagle Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $54.96. Eagle Materials's Cyclically Adjusted PS Ratio for today is 3.73.

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

EXP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.04   Med: 4.59   Max: 6.97
Current: 3.73

During the past years, Eagle Materials's highest Cyclically Adjusted PS Ratio was 6.97. The lowest was 2.04. And the median was 4.59.

EXP's Cyclically Adjusted PS Ratio is ranked worse than
87.93% of 323 companies
in the Building Materials industry
Industry Median: 1 vs EXP: 3.73

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.

Eagle Materials's adjusted revenue per share data for the three months ended in Jun. 2026 was $20.939. 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 $54.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eagle Materials  (NYSE:EXP) 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.


Eagle Materials Cyclically Adjusted PS Ratio Related Terms


Eagle Materials Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eagle Materials'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.

Eagle Materials Cyclically Adjusted PS Ratio Chart

Eagle Materials 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 4.08 3.96 6.39 4.68 3.57

Eagle Materials 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 4.12 4.62 4.03 3.57 4.09

EXP vs KNF, USLM, TTAM: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, Eagle Materials'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.


Eagle Materials Cyclically Adjusted PS Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Eagle Materials's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


EXP
94GF Score
Eagle Materials Inc EXP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eagle Materials 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.

Eagle Materials's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=204.94/54.96
=3.73

* 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.

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

For example, Eagle Materials'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)
=20.939/333.9520*333.9520
=20.939

Current CPI (Jun. 2026) = 333.9520.

Eagle Materials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.897 241.428 9.540
201612 6.261 241.432 8.660
201703 5.755 243.801 7.883
201706 7.525 244.955 10.259
201709 7.758 246.819 10.497
201712 7.371 246.524 9.985
201803 5.851 249.554 7.830
201806 8.179 251.989 10.839
201809 8.021 252.439 10.611
201812 7.168 251.233 9.528
201903 4.431 254.202 5.821
201906 8.394 256.143 10.944
201909 9.575 256.759 12.454
201912 8.240 256.974 10.708
202003 7.344 258.115 9.502
202006 10.273 257.797 13.308
202009 10.749 260.280 13.791
202012 9.673 260.474 12.402
202103 8.124 264.877 10.243
202106 11.211 271.696 13.780
202109 12.254 274.310 14.918
202112 11.443 278.802 13.707
202203 10.528 287.504 12.229
202206 14.687 296.311 16.553
202209 16.193 296.808 18.219
202212 13.973 296.797 15.722
202303 13.050 301.836 14.439
202306 16.929 305.109 18.529
202309 17.609 307.789 19.106
202312 16.082 306.746 17.508
202403 13.704 312.332 14.653
202406 17.906 314.175 19.033
202409 18.496 315.301 19.590
202412 16.603 315.605 17.568
202503 14.132 319.799 14.757
202506 19.345 322.561 20.028
202509 19.677 324.800 20.231
202512 17.370 324.054 17.901
202603 15.216 330.213 15.388
202606 20.939 333.952 20.939

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 3.73 mean?
Eagle Materials (EXP) has a Cyclically Adjusted PS Ratio of 3.73 as of Aug. 01, 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 Eagle Materials and its competitors. This is 19% below median its historical median of 4.59. Over the past decade, Eagle Materials' Cyclically Adjusted PS Ratio has ranged from 2.04 to 6.97. According to the industry distribution chart, Eagle Materials ranks #284 out of 323 companies in the Building Materials industry, placing it in the top 87.9%.
Is Eagle Materials' Cyclically Adjusted PS Ratio too high?
Eagle Materials' current Cyclically Adjusted PS Ratio of 3.73 is 19% below median its 10-year median of 4.59. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 6.97. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.00. Eagle Materials' value of 3.73 is 273% above this industry median. Based on the distribution chart, Eagle Materials ranks #284 out of 323 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Eagle Materials has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eagle Materials' Cyclically Adjusted PS Ratio compare to KNF and USLM?
According to the Building Materials industry distribution chart, Eagle Materials ranks #284 out of 323 companies for Cyclically Adjusted PS Ratio. This places Eagle Materials in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.00. Eagle Materials' value of 3.73 is 273% above this benchmark. Historically, Eagle Materials' own Cyclically Adjusted PS Ratio has ranged from 2.04 to 6.97 over the past decade. While the company's 10-year median is 4.59 vs. the industry median of 1.00, Eagle Materials 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 Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.00, based on 323 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. Eagle Materials's current Cyclically Adjusted PS Ratio of 3.73 is 273% 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 Eagle Materials and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eagle Materials's current Cyclically Adjusted PS Ratio is 3.73, which is 19% below median its own 10-year median of 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eagle Materials stock overvalued right now?
Based on GuruFocus' analysis, Eagle Materials (EXP) is currently considered Modestly Undervalued. The stock's GF Value™ is $244.24, compared to a current price of $204.94 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.73, which is 19% below median its 10-year median of 4.59 and 273% above the Building Materials industry median of 1.00. Eagle Materials' overall GF Score™ is 94/100 with 2 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 Eagle Materials (EXP), the current Cyclically Adjusted PS Ratio is 3.73 as of Aug. 01, 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 Eagle Materials (EXP) Overvalued in 2026?

Based on GuruFocus' analysis, Eagle Materials stock appears to be undervalued. The current stock price of $204.94 is trading 16.1% below its estimated GF Value™ of $244.24. GuruFocus considers Eagle Materials to be Modestly Undervalued.

Key valuation signals for EXP:

  • Cyclically Adjusted PS Ratio: 3.73 (19% below median its 10-year median of 4.59)
  • GF Value™: $244.24 vs. price of $204.94 (16.1% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 273% above the Building Materials median (#284 of 323)

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


Eagle Materials Business Description

Address 5960 Berkshire Lane, Suite 900, Dallas, TX, USA, 75225
Eagle Materials Inc is engaged in the manufacture of heavy construction products and light building materials. Its primary products, Cement and Gypsum Wallboard, are essential for building, expanding, and repairing roads, highways, and residential, commercial, and industrial structures across America. The business is organized into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. The primary end market for the Cement and Concrete and Aggregates segments is infrastructure, while the primary end market for the Gypsum Wallboard and Recycled Paperboard segments is residential construction.
94GF Score

Get the complete analysis for EXP

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

$204.94
Price
$244.24
GF Value