United Projects Co for Aviation Services KSCC (KUW:UPAC) Cyclically Adjusted PS Ratio: 2.45 (As of Aug. 01, 2026) — 32% Above Median

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KUW:UPAC United Projects Co for Aviation Services KSCC KUW:UPAC
21 GF Score
Price KWD0.20
GF Value KWD0.04
Valuation Significantly Overvalued
! 5 Warning Signs
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What is United Projects Co for Aviation Services KSCC Cyclically Adjusted PS Ratio?

United Projects Co for Aviation Services KSCC KUW:UPAC +1.03% 21 Cyclically Adjusted PS Ratio is 2.45 as of Aug. 01, 2026, which is 32% above its 10-year median of 1.85. GuruFocus rates KUW:UPAC with a GF Score™ of 21/100 and a GF Value™ of KWD0.04 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 763 Transportation companies, United Projects Co for Aviation Services KSCC ranks worse than 79.42% on this metric.

As of today (2026-08-01), United Projects Co for Aviation Services KSCC's current share price is KWD0.196. United Projects Co for Aviation Services KSCC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was KWD0.08. United Projects Co for Aviation Services KSCC's Cyclically Adjusted PS Ratio for today is 2.45.

The historical rank and industry rank for United Projects Co for Aviation Services KSCC's Cyclically Adjusted PS Ratio or its related term are showing as below:

KUW:UPAC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.85   Max: 3.41
Current: 2.54

During the past years, United Projects Co for Aviation Services KSCC's highest Cyclically Adjusted PS Ratio was 3.41. The lowest was 1.27. And the median was 1.85.

KUW:UPAC's Cyclically Adjusted PS Ratio is ranked worse than
79.42% of 763 companies
in the Transportation industry
Industry Median: 0.89 vs KUW:UPAC: 2.54

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.

United Projects Co for Aviation Services KSCC's adjusted revenue per share data for the three months ended in Mar. 2026 was KWD0.001. 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 KWD0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Projects Co for Aviation Services KSCC  (KUW:UPAC) 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.


United Projects Co for Aviation Services KSCC Cyclically Adjusted PS Ratio Related Terms


United Projects Co for Aviation Services KSCC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for United Projects Co for Aviation Services KSCC'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.

United Projects Co for Aviation Services KSCC Cyclically Adjusted PS Ratio Chart

United Projects Co for Aviation Services KSCC 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 2.16 1.82 1.72 1.65 2.73

United Projects Co for Aviation Services KSCC 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 1.84 1.67 3.02 2.73 2.04

KUW:UPAC vs JOBY, CAAP: Cyclically Adjusted PS Ratio Comparison

For the Airports & Air Services subindustry, United Projects Co for Aviation Services KSCC'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.


United Projects Co for Aviation Services KSCC Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, United Projects Co for Aviation Services KSCC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where United Projects Co for Aviation Services KSCC's Cyclically Adjusted PS Ratio falls into.


KUW:UPAC
21GF Score
United Projects Co for Aviation Services KSCC KUW:UPAC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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United Projects Co for Aviation Services KSCC 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.

United Projects Co for Aviation Services KSCC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.196/0.08
=2.45

* 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.

United Projects Co for Aviation Services KSCC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, United Projects Co for Aviation Services KSCC'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)
=0.001/330.2130*330.2130
=0.001

Current CPI (Mar. 2026) = 330.2130.

United Projects Co for Aviation Services KSCC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.034 241.018 0.047
201609 0.036 241.428 0.049
201612 0.034 241.432 0.047
201703 0.036 243.801 0.049
201706 0.036 244.955 0.049
201709 0.037 246.819 0.050
201712 0.032 246.524 0.043
201803 0.035 249.554 0.046
201806 0.030 251.989 0.039
201809 0.029 252.439 0.038
201812 0.025 251.233 0.033
201903 0.023 254.202 0.030
201906 0.022 256.143 0.028
201909 0.023 256.759 0.030
201912 0.020 256.974 0.026
202003 0.011 258.115 0.014
202006 0.002 257.797 0.003
202009 0.008 260.280 0.010
202012 0.006 260.474 0.008
202103 0.007 264.877 0.009
202106 0.007 271.696 0.009
202109 0.008 274.310 0.010
202112 0.006 278.802 0.007
202203 0.006 287.504 0.007
202206 0.006 296.311 0.007
202209 0.007 296.808 0.008
202212 0.007 296.797 0.008
202303 0.007 301.836 0.008
202306 0.007 305.109 0.008
202309 0.007 307.789 0.008
202312 0.006 306.746 0.006
202403 0.006 312.332 0.006
202406 0.006 314.175 0.006
202409 0.006 315.301 0.006
202412 0.005 315.605 0.005
202503 0.005 319.799 0.005
202506 0.003 322.561 0.003
202509 0.001 324.800 0.001
202512 0.001 324.054 0.001
202603 0.001 330.213 0.001

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 2.45 mean?
United Projects Co for Aviation Services KSCC (KUW:UPAC) has a Cyclically Adjusted PS Ratio of 2.45 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 United Projects Co for Aviation Services KSCC and its competitors. This is 32% above median its historical median of 1.85. Over the past decade, United Projects Co for Aviation Services KSCC's Cyclically Adjusted PS Ratio has ranged from 1.27 to 3.41. According to the industry distribution chart, United Projects Co for Aviation Services KSCC ranks #606 out of 763 companies in the Transportation industry, placing it in the top 79.4%.
Is United Projects Co for Aviation Services KSCC's Cyclically Adjusted PS Ratio too high?
United Projects Co for Aviation Services KSCC's current Cyclically Adjusted PS Ratio of 2.45 is 32% above median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 3.41. The Transportation industry median Cyclically Adjusted PS Ratio is 0.89. United Projects Co for Aviation Services KSCC's value of 2.45 is 175.3% above this industry median. Based on the distribution chart, United Projects Co for Aviation Services KSCC ranks #606 out of 763 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, United Projects Co for Aviation Services KSCC has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Projects Co for Aviation Services KSCC's Cyclically Adjusted PS Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, United Projects Co for Aviation Services KSCC ranks #606 out of 763 companies for Cyclically Adjusted PS Ratio. This places United Projects Co for Aviation Services KSCC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. United Projects Co for Aviation Services KSCC's value of 2.45 is 175.3% above this benchmark. Historically, United Projects Co for Aviation Services KSCC's own Cyclically Adjusted PS Ratio has ranged from 1.27 to 3.41 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 0.89, United Projects Co for Aviation Services KSCC 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.89, based on 763 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. United Projects Co for Aviation Services KSCC's current Cyclically Adjusted PS Ratio of 2.45 is 175.3% 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 United Projects Co for Aviation Services KSCC and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Projects Co for Aviation Services KSCC's current Cyclically Adjusted PS Ratio is 2.45, which is 32% above median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Projects Co for Aviation Services KSCC stock overvalued right now?
Based on GuruFocus' analysis, United Projects Co for Aviation Services KSCC (KUW:UPAC) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.04, compared to a current price of KWD0.20 — trading 390% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.45, which is 32% above median its 10-year median of 1.85 and 175.3% above the Transportation industry median of 0.89. United Projects Co for Aviation Services KSCC's overall GF Score™ is 21/100 with 5 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 United Projects Co for Aviation Services KSCC (KUW:UPAC), the current Cyclically Adjusted PS Ratio is 2.45 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 United Projects Co for Aviation Services KSCC (KUW:UPAC) Overvalued in 2026?

Based on GuruFocus' analysis, United Projects Co for Aviation Services KSCC stock appears to be overvalued. The current stock price of KWD0.20 is trading 390% above its estimated GF Value™ of KWD0.04. GuruFocus considers United Projects Co for Aviation Services KSCC to be Significantly Overvalued.

Key valuation signals for KUW:UPAC:

  • Cyclically Adjusted PS Ratio: 2.45 (32% above median its 10-year median of 1.85)
  • GF Value™: KWD0.04 vs. price of KWD0.20 (390% above fair value)
  • GF Score™: 21/100 with 5 warning signs
  • Industry Position: 175.3% above the Transportation median (#606 of 763)

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


United Projects Co for Aviation Services KSCC Business Description

Address Salmiya - Salem Al-Mubarak Street and Arabian Gulf Street, Plot No. (1A/1) - Block No. (71) - Symphony Building - Floor No. (8). P.O Box 27068, Safat, Kuwait, KWT, 13131
United Projects Co for Aviation Services KSCC is a Kuwait-based company that provides full-service commercial real estate and facilities management. Its services include real estate management, project management and consultancy, as well as maintenance and facilities management services. The company's services are used by retailers, food and beverage companies, airline companies, and financial institutions. It is organised in two operating segments: Investments: consists of investing in the Project and surplus funds in investment portfolios. Service operations: consist of managing projects and providing airplane ground and cleaning services, and other service facilities. The Service Operations segment generates the maximum revenue for the company.
21GF Score

Get the complete analysis for KUW:UPAC

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

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