North American Construction Group (FRA:N5Z) Cyclically Adjusted PS Ratio: 0.73 (As of Aug. 06, 2026) — 22% Below Median

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FRA:N5Z North American Construction Group Ltd FRA:N5Z
81 GF Score
Price €10.90
GF Value €19.47
! 7 Warning Signs
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What is North American Construction Group Cyclically Adjusted PS Ratio?

North American Construction Group FRA:N5Z -1.80% 81 Cyclically Adjusted PS Ratio is 0.73 as of Aug. 06, 2026, which is 22% below its 10-year median of 0.94. GuruFocus rates FRA:N5Z with a GF Score™ of 81/100 and a GF Value™ of €19.47. The stock has 7 warning signs investors should review. Among 714 Oil & Gas companies, North American Construction Group ranks better than 59.24% on this metric.

As of today (2026-08-06), North American Construction Group's current share price is €10.90. North American Construction Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €14.92. North American Construction Group's Cyclically Adjusted PS Ratio for today is 0.73.

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

FRA:N5Z' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.94   Max: 1.9
Current: 0.8

During the past years, North American Construction Group's highest Cyclically Adjusted PS Ratio was 1.90. The lowest was 0.16. And the median was 0.94.

FRA:N5Z's Cyclically Adjusted PS Ratio is ranked better than
59.24% of 714 companies
in the Oil & Gas industry
Industry Median: 1.05 vs FRA:N5Z: 0.80

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.

North American Construction Group's adjusted revenue per share data for the three months ended in Mar. 2026 was €7.061. 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 €14.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


North American Construction Group  (FRA:N5Z) 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.


North American Construction Group Cyclically Adjusted PS Ratio Related Terms


North American Construction Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for North American Construction 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.

North American Construction Group Cyclically Adjusted PS Ratio Chart

North American Construction 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 1.32 1.13 1.50 1.51 0.82

North American Construction 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 1.05 0.97 0.85 0.82 0.74

FRA:N5Z vs SLB, BKR, FTI: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, North American Construction 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.


North American Construction Group Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, North American Construction Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:N5Z
81GF Score
North American Construction Group Ltd FRA:N5Z
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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North American Construction 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.

North American Construction Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.90/14.92
=0.73

* 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.

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

For example, North American Construction 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)
=7.061/132.2623*132.2623
=7.061

Current CPI (Mar. 2026) = 132.2623.

North American Construction Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.554 102.002 0.718
201609 1.115 101.765 1.449
201612 1.546 101.449 2.016
201703 2.053 102.634 2.646
201706 1.170 103.029 1.502
201709 1.831 103.345 2.343
201712 1.918 103.345 2.455
201803 2.255 105.004 2.840
201806 1.873 105.557 2.347
201809 2.037 105.636 2.550
201812 2.738 105.399 3.436
201903 3.932 106.979 4.861
201906 3.538 107.690 4.345
201909 3.422 107.611 4.206
201912 3.882 107.769 4.764
202003 3.874 107.927 4.747
202006 1.400 108.401 1.708
202009 1.933 108.164 2.364
202012 2.631 108.559 3.205
202103 3.466 110.298 4.156
202106 3.153 111.720 3.733
202109 3.163 112.905 3.705
202112 3.560 113.774 4.139
202203 3.610 117.646 4.059
202206 4.202 120.806 4.600
202209 4.345 120.648 4.763
202212 4.925 120.964 5.385
202303 5.063 122.702 5.457
202306 4.108 124.203 4.375
202309 4.130 125.230 4.362
202312 6.782 125.072 7.172
202403 6.113 126.258 6.404
202406 5.671 127.522 5.882
202409 5.855 127.285 6.084
202412 6.216 127.364 6.455
202503 7.608 129.181 7.789
202506 6.246 129.892 6.360
202509 6.052 130.287 6.144
202512 6.044 130.366 6.132
202603 7.061 132.262 7.061

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 0.73 mean?
North American Construction Group (FRA:N5Z) has a Cyclically Adjusted PS Ratio of 0.73 as of Aug. 06, 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 North American Construction Group and its competitors. This is 22% below median its historical median of 0.94. Over the past decade, North American Construction Group's Cyclically Adjusted PS Ratio has ranged from 0.16 to 1.90. According to the industry distribution chart, North American Construction Group ranks #291 out of 714 companies in the Oil & Gas industry, placing it in the top 40.8%.
Is North American Construction Group's Cyclically Adjusted PS Ratio too high?
North American Construction Group's current Cyclically Adjusted PS Ratio of 0.73 is 22% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.90. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. North American Construction Group's value of 0.73 is 30.5% below this industry median. Based on the distribution chart, North American Construction Group ranks #291 out of 714 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, North American Construction Group has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does North American Construction Group's Cyclically Adjusted PS Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, North American Construction Group ranks #291 out of 714 companies for Cyclically Adjusted PS Ratio. This puts North American Construction Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.05. North American Construction Group's value of 0.73 is 30.5% below this benchmark. Historically, North American Construction Group's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 1.90 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.05, North American Construction 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 Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.05, based on 714 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. North American Construction Group's current Cyclically Adjusted PS Ratio of 0.73 is 30.5% 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 North American Construction Group and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North American Construction Group's current Cyclically Adjusted PS Ratio is 0.73, which is 22% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North American Construction Group stock overvalued right now?
North American Construction Group (FRA:N5Z) has a current Cyclically Adjusted PS Ratio of 0.73. The stock's GF Value™ is €19.47, compared to a current price of €10.90 — trading 44% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.73, which is 22% below median its 10-year median of 0.94 and 30.5% below the Oil & Gas industry median of 1.05. North American Construction Group's overall GF Score™ is 81/100 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 North American Construction Group (FRA:N5Z), the current Cyclically Adjusted PS Ratio is 0.73 as of Aug. 06, 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 North American Construction Group (FRA:N5Z) Overvalued in 2026?

Based on GuruFocus' analysis, North American Construction Group stock appears to be undervalued. The current stock price of €10.90 is trading 44% below its estimated GF Value™ of €19.47.

Key valuation signals for FRA:N5Z:

  • Cyclically Adjusted PS Ratio: 0.73 (22% below median its 10-year median of 0.94)
  • GF Value™: €19.47 vs. price of €10.90 (44% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 30.5% below the Oil & Gas median (#291 of 714)

No single metric tells the full story. See the FRA:N5Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


North American Construction Group Business Description

Industry EnergyOil & Gas
Other Exchanges NOA:USANOA:Canada
Address 27287 - 100 Avenue Acheson, Acheson, AB, CAN, T7X 6H8
North American Construction Group Ltd is Canada's heavy civil construction and mining contractor provider. The company has provided services to oil, natural gas, and resource companies. The Company provides a wide range of mining and heavy civil construction services to customer in the resource development and industrial construction sectors within Canada, the United States, and Australia. The Company's reportable segments are Heavy Equipment Canada, Heavy Equipment Australia, and Other. Heavy Equipment Canada and Heavy Equipment Australia include all of aspects of the mining and heavy civil construction services provided within those geographic areas. Other includes mine management contract work in the United States, its external maintenance and rebuild programs.
81GF Score

Get the complete analysis for FRA:N5Z

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

€10.90
Price
€19.47
GF Value