Stantec (FRA:S3A) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:S3A Stantec Inc FRA:S3A
84 GF Score
Price €60.36
GF Value €77.89
Valuation Modestly Undervalued
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What is Stantec Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stantec  (FRA:S3A) 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.


Stantec Cyclically Adjusted PS Ratio Related Terms


Stantec Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Stantec'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.

Stantec Cyclically Adjusted PS Ratio Chart

Stantec 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 1.91 1.53 2.24 2.16 2.18

Stantec 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 2.58 2.43 2.18 1.91 1.54

FRA:S3A vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Stantec'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.


Stantec Cyclically Adjusted PS Ratio vs Construction Industry

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

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


FRA:S3A
84GF Score
Stantec Inc FRA:S3A
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Stantec 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.

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

For example, Stantec'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)
=12.189/133.5265*133.5265
=12.189

Current CPI (Jun. 2026) = 133.5265.

Stantec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.561 101.765 9.921
201612 4.998 101.449 6.578
201703 7.891 102.634 10.266
201706 7.795 103.029 10.102
201709 7.730 103.345 9.988
201712 7.304 103.345 9.437
201803 5.748 105.004 7.309
201806 6.228 105.557 7.878
201809 6.275 105.636 7.932
201812 1.657 105.399 2.099
201903 6.823 106.979 8.516
201906 7.290 107.690 9.039
201909 7.580 107.611 9.405
201912 7.446 107.769 9.226
202003 7.364 107.927 9.111
202006 7.059 108.401 8.695
202009 6.730 108.164 8.308
202012 6.473 108.559 7.962
202103 6.389 110.298 7.735
202106 6.856 111.720 8.194
202109 7.053 112.905 8.341
202112 7.367 113.774 8.646
202203 8.285 117.646 9.403
202206 9.116 120.806 10.076
202209 10.099 120.648 11.177
202212 9.858 120.964 10.882
202303 9.561 122.702 10.404
202306 10.093 124.203 10.851
202309 10.462 125.230 11.155
202312 9.820 125.072 10.484
202403 10.310 126.258 10.904
202406 11.248 127.522 11.778
202409 11.289 127.285 11.843
202412 11.516 127.364 12.073
202503 11.167 129.181 11.543
202506 10.972 129.892 11.279
202509 11.660 130.287 11.950
202512 11.429 130.366 11.706
202603 11.296 132.262 11.404
202606 12.189 133.527 12.189

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.

Is Stantec (FRA:S3A) Overvalued in 2026?

Based on GuruFocus' analysis, Stantec stock appears to be undervalued. The current stock price of €60.36 is trading 22.5% below its estimated GF Value™ of €77.89. GuruFocus considers Stantec to be Modestly Undervalued.

Key valuation signals for FRA:S3A:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €77.89 vs. price of €60.36 (22.5% below fair value)
  • GF Score™: 84/100

No single metric tells the full story. See the FRA:S3A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stantec Business Description

Address 10220 - 103 Avenue NW, Suite 300, Edmonton, AB, CAN, T5J 0K4
Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. It offers services through the following business operating units; Environmental Services, Infrastructure, Water, Buildings, and Energy & Resources. Maximum revenue is derived from its Infrastructure business unit, which is engaged in evaluating, planning, and designing infrastructure solutions for transportation, community development, and urban spaces. The company's reportable segments are the United States, which derives maximum revenue, Canada, and Global. These segments provide consulting in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics services in the area of infrastructure and facilities.
84GF Score

Get the complete analysis for FRA:S3A

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

€60.36
Price
€77.89
GF Value