IES Holdings (MIL:1IESC) Cyclically Adjusted PS Ratio: 7.46 (As of Jul. 07, 2026) — 922% Above Median


MIL:1IESC IES Holdings Inc MIL:1IESC
63 GF Score
Price €604.60
GF Value €237.73
Valuation Significantly Overvalued
! 1 Warning Sign
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What is IES Holdings Cyclically Adjusted PS Ratio?

IES Holdings MIL:1IESC 63 Cyclically Adjusted PS Ratio is 7.46 as of Jul. 07, 2026, which is 922% above its 10-year median of 0.73. GuruFocus rates MIL:1IESC with a GF Score™ of 63/100 and a GF Value™ of €237.73 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,354 Construction companies, IES Holdings ranks worse than 94.31% on this metric.

As of today (2026-07-07), IES Holdings's current share price is €604.60. IES Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €81.03. IES Holdings's Cyclically Adjusted PS Ratio for today is 7.46.

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

MIL:1IESC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.73   Max: 7.38
Current: 6.59

During the past years, IES Holdings's highest Cyclically Adjusted PS Ratio was 7.38. The lowest was 0.35. And the median was 0.73.

MIL:1IESC's Cyclically Adjusted PS Ratio is ranked worse than
94.31% of 1354 companies
in the Construction industry
Industry Median: 0.71 vs MIL:1IESC: 6.59

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.

IES Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was €41.750. 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 €81.03 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


IES Holdings  (MIL:1IESC) 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.


IES Holdings Cyclically Adjusted PS Ratio Related Terms


IES Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IES Holdings'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.

IES Holdings Cyclically Adjusted PS Ratio Chart

IES Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.50 1.01 2.58 4.28

IES Holdings 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 1.95 3.34 4.28 4.05 4.69

MIL:1IESC vs DY, J, BLD: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, IES Holdings'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.


IES Holdings Cyclically Adjusted PS Ratio vs Construction Industry

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

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


MIL:1IESC
63GF Score
IES Holdings Inc MIL:1IESC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IES Holdings 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.

IES Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=604.60/81.03
=7.46

* 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.

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

For example, IES Holdings'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)
=41.75/330.2130*330.2130
=41.750

Current CPI (Mar. 2026) = 330.2130.

IES Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.449 241.018 10.206
201609 8.431 241.428 11.531
201612 8.451 241.432 11.559
201703 8.827 243.801 11.956
201706 8.601 244.955 11.595
201709 8.069 246.819 10.795
201712 7.905 246.524 10.589
201803 7.780 249.554 10.295
201806 9.333 251.989 12.230
201809 9.710 252.439 12.702
201812 10.081 251.233 13.250
201903 10.635 254.202 13.815
201906 11.743 256.143 15.139
201909 12.626 256.759 16.238
201912 11.748 256.974 15.096
202003 12.480 258.115 15.966
202006 12.397 257.797 15.879
202009 13.284 260.280 16.853
202012 12.288 260.474 15.578
202103 13.234 264.877 16.498
202106 15.975 271.696 19.416
202109 19.448 274.310 23.411
202112 20.290 278.802 24.031
202203 21.926 287.504 25.183
202206 25.630 296.311 28.562
202209 30.451 296.808 33.878
202212 26.538 296.797 29.526
202303 26.061 301.836 28.511
202306 26.436 305.109 28.611
202309 29.754 307.789 31.922
202312 28.470 306.746 30.648
202403 31.703 312.332 33.518
202406 34.827 314.175 36.605
202409 34.481 315.301 36.112
202412 35.356 315.605 36.992
202503 38.164 319.799 39.407
202506 38.389 322.561 39.300
202509 37.930 324.800 38.562
202512 36.871 324.054 37.572
202603 41.750 330.213 41.750

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 7.46 mean?
IES Holdings (MIL:1IESC) has a Cyclically Adjusted PS Ratio of 7.46 as of Jul. 07, 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 IES Holdings and its competitors. This is 922% above median its historical median of 0.73. Over the past decade, IES Holdings' Cyclically Adjusted PS Ratio has ranged from 0.35 to 7.38. According to the industry distribution chart, IES Holdings ranks #1277 out of 1354 companies in the Construction industry, placing it in the top 94.3%.
Is IES Holdings' Cyclically Adjusted PS Ratio too high?
IES Holdings' current Cyclically Adjusted PS Ratio of 7.46 is 922% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 7.38. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. IES Holdings' value of 7.46 is 950.7% above this industry median. Based on the distribution chart, IES Holdings ranks #1277 out of 1354 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, IES Holdings has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IES Holdings' Cyclically Adjusted PS Ratio compare to DY and J?
According to the Construction industry distribution chart, IES Holdings ranks #1277 out of 1354 companies for Cyclically Adjusted PS Ratio. This places IES Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. IES Holdings' value of 7.46 is 950.7% above this benchmark. Historically, IES Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.35 to 7.38 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.71, IES Holdings 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 1,354 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. IES Holdings's current Cyclically Adjusted PS Ratio of 7.46 is 950.7% 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 IES Holdings 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. IES Holdings's current Cyclically Adjusted PS Ratio is 7.46, which is 922% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IES Holdings stock overvalued right now?
Based on GuruFocus' analysis, IES Holdings (MIL:1IESC) is currently considered Significantly Overvalued. The stock's GF Value™ is €237.73, compared to a current price of €604.60 — trading 154.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.46, which is 922% above median its 10-year median of 0.73 and 950.7% above the Construction industry median of 0.71. IES Holdings' overall GF Score™ is 63/100 with 1 warning sign 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 IES Holdings (MIL:1IESC), the current Cyclically Adjusted PS Ratio is 7.46 as of Jul. 07, 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 IES Holdings (MIL:1IESC) Overvalued in 2026?

Based on GuruFocus' analysis, IES Holdings stock appears to be overvalued. The current stock price of €604.60 is trading 154.3% above its estimated GF Value™ of €237.73. GuruFocus considers IES Holdings to be Significantly Overvalued.

Key valuation signals for MIL:1IESC:

  • Cyclically Adjusted PS Ratio: 7.46 (922% above median its 10-year median of 0.73)
  • GF Value™: €237.73 vs. price of €604.60 (154.3% above fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 950.7% above the Construction median (#1277 of 1354)

No single metric tells the full story. See the MIL:1IESC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IES Holdings Business Description

Other Exchanges IESC:USA45T:Germany
Address 13131 Dairy Ashford Road, Suite 500, Sugar Land, TX, USA, 77478
IES Holdings Inc owns and manages subsidiaries that design and installs integrated electrical and technology systems and provide infrastructure products and services. It has four business segments; Communications, Residential, Infrastructure Solutions, and Commercial & Industrial. The majority of the revenue for the company is generated from its Residential segment in which the company provides electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation, and air conditioning (HVAC) and plumbing installation services. This segment also provides services for installing residential solar power, both for new construction and existing residences.
63GF Score

Get the complete analysis for MIL:1IESC

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

€604.60
Price
€237.73
GF Value