Budimex (FRA:FBF) Cyclically Adjusted PS Ratio: 1.74 (As of Jul. 20, 2026) — 74% Above Median

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FRA:FBF Budimex SA FRA:FBF
91 GF Score
Price €165.85
GF Value €140.77
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Budimex Cyclically Adjusted PS Ratio?

Budimex FRA:FBF +0.36% 91 Cyclically Adjusted PS Ratio is 1.74 as of Jul. 20, 2026, which is 74% above its 10-year median of 1.00. GuruFocus rates FRA:FBF with a GF Score™ of 91/100 and a GF Value™ of €140.77 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,356 Construction companies, Budimex ranks worse than 77.14% on this metric.

As of today (2026-07-20), Budimex's current share price is €165.85. Budimex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €95.38. Budimex's Cyclically Adjusted PS Ratio for today is 1.74.

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

FRA:FBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1   Max: 2.14
Current: 1.76

During the past years, Budimex's highest Cyclically Adjusted PS Ratio was 2.14. The lowest was 0.47. And the median was 1.00.

FRA:FBF's Cyclically Adjusted PS Ratio is ranked worse than
77.14% of 1356 companies
in the Construction industry
Industry Median: 0.7 vs FRA:FBF: 1.76

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.

Budimex's adjusted revenue per share data for the three months ended in Mar. 2026 was €13.437. 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 €95.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Budimex  (FRA:FBF) 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.


Budimex Cyclically Adjusted PS Ratio Related Terms


Budimex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Budimex'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.

Budimex Cyclically Adjusted PS Ratio Chart

Budimex 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 0.80 0.85 1.71 1.20 1.58

Budimex 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 1.43 1.40 1.28 1.58 1.59

FRA:FBF vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Budimex'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.


Budimex Cyclically Adjusted PS Ratio vs Construction Industry

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

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


FRA:FBF
91GF Score
Budimex SA FRA:FBF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Budimex 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.

Budimex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=165.85/95.38
=1.74

* 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.

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

For example, Budimex'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)
=13.437/163.0700*163.0700
=13.437

Current CPI (Mar. 2026) = 163.0700.

Budimex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.937 99.552 21.191
201609 15.152 99.064 24.942
201612 13.027 100.366 21.166
201703 9.463 101.018 15.276
201706 14.989 101.180 24.157
201709 16.449 101.343 26.468
201712 16.308 102.564 25.929
201803 12.018 102.564 19.108
201806 17.663 103.378 27.862
201809 18.731 103.378 29.547
201812 17.912 103.785 28.144
201903 12.415 104.274 19.415
201906 16.806 105.983 25.858
201909 19.179 105.983 29.510
201912 19.651 107.123 29.914
202003 12.262 109.076 18.332
202006 17.881 109.402 26.653
202009 19.367 109.320 28.889
202012 18.779 109.565 27.950
202103 10.545 112.658 15.264
202106 17.918 113.960 25.640
202109 20.583 115.588 29.038
202112 21.342 119.088 29.224
202203 14.366 125.031 18.737
202206 21.523 131.705 26.649
202209 21.267 135.531 25.588
202212 20.229 139.113 23.713
202303 17.396 145.950 19.437
202306 21.369 147.009 23.704
202309 24.023 146.113 26.811
202312 25.205 147.741 27.820
202403 14.776 149.044 16.167
202406 21.488 150.997 23.206
202409 22.180 153.439 23.572
202412 23.407 154.660 24.680
202503 14.748 157.021 15.316
202506 20.706 157.509 21.437
202509 22.104 158.000 22.813
202512 27.214 158.320 28.030
202603 13.437 163.070 13.437

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 1.74 mean?
Budimex (FRA:FBF) has a Cyclically Adjusted PS Ratio of 1.74 as of Jul. 20, 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 Budimex and its competitors. This is 74% above median its historical median of 1.00. Over the past decade, Budimex's Cyclically Adjusted PS Ratio has ranged from 0.47 to 2.14. According to the industry distribution chart, Budimex ranks #1046 out of 1356 companies in the Construction industry, placing it in the top 77.1%.
Is Budimex's Cyclically Adjusted PS Ratio too high?
Budimex's current Cyclically Adjusted PS Ratio of 1.74 is 74% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.14. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Budimex's value of 1.74 is 148.6% above this industry median. Based on the distribution chart, Budimex ranks #1046 out of 1356 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Budimex has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Budimex's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Budimex ranks #1046 out of 1356 companies for Cyclically Adjusted PS Ratio. This places Budimex in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Budimex's value of 1.74 is 148.6% above this benchmark. Historically, Budimex's own Cyclically Adjusted PS Ratio has ranged from 0.47 to 2.14 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.70, Budimex 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,356 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. Budimex's current Cyclically Adjusted PS Ratio of 1.74 is 148.6% 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 Budimex 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. Budimex's current Cyclically Adjusted PS Ratio is 1.74, which is 74% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budimex stock overvalued right now?
Based on GuruFocus' analysis, Budimex (FRA:FBF) is currently considered Modestly Overvalued. The stock's GF Value™ is €140.77, compared to a current price of €165.85 — trading 17.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.74, which is 74% above median its 10-year median of 1.00 and 148.6% above the Construction industry median of 0.70. Budimex's overall GF Score™ is 91/100 with 7 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 Budimex (FRA:FBF), the current Cyclically Adjusted PS Ratio is 1.74 as of Jul. 20, 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 Budimex (FRA:FBF) Overvalued in 2026?

Based on GuruFocus' analysis, Budimex stock appears to be overvalued. The current stock price of €165.85 is trading 17.8% above its estimated GF Value™ of €140.77. GuruFocus considers Budimex to be Modestly Overvalued.

Key valuation signals for FRA:FBF:

  • Cyclically Adjusted PS Ratio: 1.74 (74% above median its 10-year median of 1.00)
  • GF Value™: €140.77 vs. price of €165.85 (17.8% above fair value)
  • GF Score™: 91/100 with 7 warning signs
  • Industry Position: 148.6% above the Construction median (#1046 of 1356)

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


Budimex Business Description

Other Exchanges BDX:Poland
Address Siedmiogrodzka 9 Street, Warsaw, POL, 01-204
Budimex SA provides construction services, property development and management, and other systems to coordinate resources and construct complex structures. The company has two operating segments: Construction business and Service activities. The company generates a majority of its revenue from the Construction business segment, which covers the rendering of widely understood construction and assembly services at home and abroad. The segment of Service activities comprises comprehensive services in the field of municipal waste management, comprehensive road and lighting infrastructure maintenance, and technical operation (maintenance) of buildings. Geographically, the company generates maximum revenue from Poland, followed by Germany, Slovakia, Czechia, Latvia, and other EU countries.
91GF Score

Get the complete analysis for FRA:FBF

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

€165.85
Price
€140.77
GF Value