CEPS (LSE:CEPS) Cyclically Adjusted PS Ratio: 0.28 (As of Jul. 15, 2026) — 115% Above Median

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LSE:CEPS CEPS PLC LSE:CEPS
28 GF Score
Price £0.41
GF Value £0.13
Valuation Significantly Overvalued
! 3 Warning Signs
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What is CEPS Cyclically Adjusted PS Ratio?

CEPS LSE:CEPS 28 Cyclically Adjusted PS Ratio is 0.28 as of Jul. 15, 2026, which is 115% above its 10-year median of 0.13. GuruFocus rates LSE:CEPS with a GF Score™ of 28/100 and a GF Value™ of £0.13 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,355 Construction companies, CEPS ranks better than 77.27% on this metric.

As of today (2026-07-15), CEPS's current share price is £0.405. CEPS's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was £1.46. CEPS's Cyclically Adjusted PS Ratio for today is 0.28.

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

LSE:CEPS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.13   Max: 0.31
Current: 0.28

During the past 13 years, CEPS's highest Cyclically Adjusted PS Ratio was 0.31. The lowest was 0.07. And the median was 0.13.

LSE:CEPS's Cyclically Adjusted PS Ratio is ranked better than
77.27% of 1355 companies
in the Construction industry
Industry Median: 0.71 vs LSE:CEPS: 0.28

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.

CEPS's adjusted revenue per share data of for the fiscal year that ended in Dec25 was £0.470. 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 £1.46 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEPS  (LSE:CEPS) 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.


CEPS Cyclically Adjusted PS Ratio Related Terms


CEPS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CEPS'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.

CEPS Cyclically Adjusted PS Ratio Chart

CEPS 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 0.23 0.18 0.14 0.14 0.24

CEPS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.14 0.00 0.14 0.00 0.24

LSE:CEPS vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, CEPS'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.


CEPS Cyclically Adjusted PS Ratio vs Construction Industry

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

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


LSE:CEPS
28GF Score
CEPS PLC LSE:CEPS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CEPS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.405/1.46
=0.28

* 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.

CEPS's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, CEPS's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.47/139.9000*139.9000
=0.470

Current CPI (Dec25) = 139.9000.

CEPS Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 2.540 102.200 3.477
201712 1.822 105.000 2.428
201812 1.223 107.100 1.598
201912 0.735 108.500 0.948
202012 0.698 109.400 0.893
202112 1.124 114.700 1.371
202212 1.259 125.300 1.406
202312 1.413 130.500 1.515
202412 0.484 135.100 0.501
202512 0.470 139.900 0.470

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 0.28 mean?
CEPS (LSE:CEPS) has a Cyclically Adjusted PS Ratio of 0.28 as of Jul. 15, 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 CEPS and its competitors. This is 115% above median its historical median of 0.13. Over the past decade, CEPS's Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.31. According to the industry distribution chart, CEPS ranks #308 out of 1355 companies in the Construction industry, placing it in the top 22.7%.
Is CEPS's Cyclically Adjusted PS Ratio too high?
CEPS's current Cyclically Adjusted PS Ratio of 0.28 is 115% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.31. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. CEPS's value of 0.28 is 60.6% below this industry median. Based on the distribution chart, CEPS ranks #308 out of 1355 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, CEPS has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEPS's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, CEPS ranks #308 out of 1355 companies for Cyclically Adjusted PS Ratio. This places CEPS in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.71. CEPS's value of 0.28 is 60.6% below this benchmark. Historically, CEPS's own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.31 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.71, CEPS 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 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. CEPS's current Cyclically Adjusted PS Ratio of 0.28 is 60.6% 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 CEPS 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. CEPS's current Cyclically Adjusted PS Ratio is 0.28, which is 115% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEPS stock overvalued right now?
Based on GuruFocus' analysis, CEPS (LSE:CEPS) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.13, compared to a current price of £0.41 — trading 211.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.28, which is 115% above median its 10-year median of 0.13 and 60.6% below the Construction industry median of 0.71. CEPS's overall GF Score™ is 28/100 with 3 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 CEPS (LSE:CEPS), the current Cyclically Adjusted PS Ratio is 0.28 as of Jul. 15, 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 CEPS (LSE:CEPS) Overvalued in 2026?

Based on GuruFocus' analysis, CEPS stock appears to be overvalued. The current stock price of £0.41 is trading 211.5% above its estimated GF Value™ of £0.13. GuruFocus considers CEPS to be Significantly Overvalued.

Key valuation signals for LSE:CEPS:

  • Cyclically Adjusted PS Ratio: 0.28 (115% above median its 10-year median of 0.13)
  • GF Value™: £0.13 vs. price of £0.41 (211.5% above fair value)
  • GF Score™: 28/100 with 3 warning signs
  • Industry Position: 60.6% below the Construction median (#308 of 1355)

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


CEPS Business Description

Other Exchanges DI5B:Germany
Address 11 Laura Place, Bath, GBR, BA2 4BL
CEPS PLC is a holding company for service and manufacturing companies, acquiring stakes in stable and steadily growing entrepreneurial companies. Its objective is to generate capital growth by aggregating the steadily growing profits from the subsidiary companies using their cash flows to repay acquisition debt. Its segments include Aford Awards, a sports trophy and engraving company; Signature Fabrics, comprising Friedman's, a convertor and distributor of specialist lycra, and Milano International (trading as Milano Pro-Sport), a designer and manufacturer of leotards; and ICA Group, comprising Hickton Quality Control, Cook Brown, Morgan Lambert and Qualitas Compliance, providers of services to the construction industry. The majority of revenue is derived from Signature Fabrics segment.
28GF Score

Get the complete analysis for LSE:CEPS

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

£0.41
Price
£0.13
GF Value