KYWAF (Exeo Group) Cyclically Adjusted PS Ratio: 0.96 (As of Jul. 16, 2026) — 28% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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.

KYWAF Exeo Group Inc KYWAF
78 GF Score
Price $10.22
GF Value $8.10
View Full Analysis

What is Exeo Group Cyclically Adjusted PS Ratio?

Exeo Group KYWAF 78 Cyclically Adjusted PS Ratio is 0.96 as of Jul. 16, 2026, which is 28% above its 10-year median of 0.75. GuruFocus rates KYWAF with a GF Score™ of 78/100 and a GF Value™ of $8.10. Among 1,355 Construction companies, Exeo Group ranks worse than 58.89% on this metric.

As of today (2026-07-16), Exeo Group's current share price is $10.215. Exeo Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $10.66. Exeo Group's Cyclically Adjusted PS Ratio for today is 0.96.

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

KYWAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.75   Max: 1.13
Current: 0.96

During the past years, Exeo Group's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.52. And the median was 0.75.

KYWAF's Cyclically Adjusted PS Ratio is ranked worse than
58.89% of 1355 companies
in the Construction industry
Industry Median: 0.71 vs KYWAF: 0.96

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.

Exeo Group's adjusted revenue per share data for the three months ended in Mar. 2026 was $8.182. 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 $10.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exeo Group  (OTCPK:KYWAF) 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.


Exeo Group Cyclically Adjusted PS Ratio Related Terms


Exeo Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Exeo 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.

Exeo Group Cyclically Adjusted PS Ratio Chart

Exeo Group 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 0.59 0.56 0.70 0.66 0.96

Exeo 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 0.66 0.71 0.81 0.95 0.96

KYWAF vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Exeo 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.


Exeo Group Cyclically Adjusted PS Ratio vs Construction Industry

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

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


KYWAF
78GF Score
Exeo Group Inc KYWAF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exeo 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.

Exeo Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.215/10.66
=0.96

* 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.

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

For example, Exeo 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)
=8.182/112.7000*112.7000
=8.182

Current CPI (Mar. 2026) = 112.7000.

Exeo Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.628 98.100 3.019
201609 3.258 98.000 3.747
201612 2.995 98.400 3.430
201703 5.448 98.100 6.259
201706 2.780 98.500 3.181
201709 3.147 98.800 3.590
201712 3.330 99.400 3.776
201803 5.711 99.200 6.488
201806 2.942 99.200 3.342
201809 3.324 99.900 3.750
201812 4.610 99.700 5.211
201903 7.081 99.700 8.004
201906 3.758 99.800 4.244
201909 5.016 100.100 5.647
201912 4.998 100.500 5.605
202003 7.952 100.300 8.935
202006 4.427 99.900 4.994
202009 5.031 99.900 5.676
202012 5.319 99.300 6.037
202103 9.330 99.900 10.525
202106 4.919 99.500 5.572
202109 5.759 100.100 6.484
202112 5.340 100.100 6.012
202203 7.580 101.100 8.450
202206 4.112 101.800 4.552
202209 4.622 103.100 5.052
202212 5.221 104.100 5.652
202303 7.326 104.400 7.908
202306 4.129 105.200 4.423
202309 4.488 106.200 4.763
202312 4.546 106.800 4.797
202403 6.682 107.200 7.025
202406 3.794 108.200 3.952
202409 4.955 108.900 5.128
202412 5.167 110.700 5.260
202503 7.457 111.100 7.564
202506 4.653 111.700 4.695
202509 5.999 112.000 6.036
202512 6.226 113.000 6.209
202603 8.182 112.700 8.182

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 0.96 mean?
Exeo Group (KYWAF) has a Cyclically Adjusted PS Ratio of 0.96 as of Jul. 16, 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 Exeo Group and its competitors. This is 28% above median its historical median of 0.75. Over the past decade, Exeo Group's Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.13. According to the industry distribution chart, Exeo Group ranks #798 out of 1355 companies in the Construction industry, placing it in the top 58.9%.
Is Exeo Group's Cyclically Adjusted PS Ratio too high?
Exeo Group's current Cyclically Adjusted PS Ratio of 0.96 is 28% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.13. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Exeo Group's value of 0.96 is 35.2% above this industry median. Based on the distribution chart, Exeo Group ranks #798 out of 1355 companies in the Construction industry, which is below the industry midpoint. Overall, Exeo Group has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Exeo Group's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Exeo Group ranks #798 out of 1355 companies for Cyclically Adjusted PS Ratio. This places Exeo Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Exeo Group's value of 0.96 is 35.2% above this benchmark. Historically, Exeo Group's own Cyclically Adjusted PS Ratio has ranged from 0.52 to 1.13 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.71, Exeo Group 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 0.71, based on 1,355 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. Exeo Group's current Cyclically Adjusted PS Ratio of 0.96 is 35.2% 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 Exeo Group and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exeo Group's current Cyclically Adjusted PS Ratio is 0.96, which is 28% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exeo Group stock overvalued right now?
Exeo Group (KYWAF) has a current Cyclically Adjusted PS Ratio of 0.96. The stock's GF Value™ is $8.10, compared to a current price of $10.22 — trading 26.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.96, which is 28% above median its 10-year median of 0.75 and 35.2% above the Construction industry median of 0.71. Exeo Group's overall GF Score™ is 78/100. 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 Exeo Group (KYWAF), the current Cyclically Adjusted PS Ratio is 0.96 as of Jul. 16, 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 Exeo Group (KYWAF) Overvalued in 2026?

Based on GuruFocus' analysis, Exeo Group stock appears to be overvalued. The current stock price of $10.22 is trading 26.1% above its estimated GF Value™ of $8.10.

Key valuation signals for KYWAF:

  • Cyclically Adjusted PS Ratio: 0.96 (28% above median its 10-year median of 0.75)
  • GF Value™: $8.10 vs. price of $10.22 (26.1% above fair value)
  • GF Score™: 78/100
  • Industry Position: 35.2% above the Construction median (#798 of 1355)

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


Exeo Group Business Description

Other Exchanges 1951:Japan
Address 29-20 Shibuya 3-chome, Shibuya-ku, Tokyo, JPN, 150-0002
Exeo Group Inc provides technological and construction solutions, products, and services for various end markets. It builds telecommunications infrastructure throughout Japan to strengthen connectivity and communication. The company develops information and communication facilities and increases the security and capacity for storage of data and software. In addition, the company installs and repairs electrical and air conditioning components for commercial and residential buildings and develops energy-related facilities for solar, water, and other renewable solutions. It builds network systems for corporations or private homes and offers consulting on the latest technology and solutions geared toward customers' management issues.
78GF Score

Get the complete analysis for KYWAF

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

$10.22
Price
$8.10
GF Value