Accordant Group (NZSE:AGL) Cyclically Adjusted PS Ratio: 0.02 (As of Aug. 15, 2026) — 91% Below Median

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NZSE:AGL Accordant Group Ltd NZSE:AGL
33 GF Score
Price NZ$0.18
GF Value NZ$0.38
Valuation Possible Value Trap
! 7 Warning Signs
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What is Accordant Group Cyclically Adjusted PS Ratio?

Accordant Group NZSE:AGL 33 Cyclically Adjusted PS Ratio is 0.02 as of Aug. 15, 2026, which is 91% below its 10-year median of 0.22. GuruFocus rates NZSE:AGL with a GF Score™ of 33/100 and a GF Value™ of NZ$0.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 716 Business Services companies, Accordant Group ranks better than 99.3% on this metric.

As of today (2026-08-15), Accordant Group's current share price is NZ$0.175. Accordant Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 was NZ$8.14. Accordant Group's Cyclically Adjusted PS Ratio for today is 0.02.

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

NZSE:AGL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.22   Max: 0.62
Current: 0.02

During the past 13 years, Accordant Group's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.02. And the median was 0.22.

NZSE:AGL's Cyclically Adjusted PS Ratio is ranked better than
99.3% of 716 companies
in the Business Services industry
Industry Median: 0.87 vs NZSE:AGL: 0.02

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.

Accordant Group's adjusted revenue per share data of for the fiscal year that ended in Mar26 was NZ$4.868. 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 NZ$8.14 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accordant Group  (NZSE:AGL) 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.


Accordant Group Cyclically Adjusted PS Ratio Related Terms


Accordant Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Accordant 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.

Accordant Group Cyclically Adjusted PS Ratio Chart

Accordant 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 0.25 0.19 0.06 0.05 0.02

Accordant Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.06 0.00 0.05 0.00 0.02

NZSE:AGL vs KFY, RHI, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, Accordant 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.


Accordant Group Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


NZSE:AGL
33GF Score
Accordant Group Ltd NZSE:AGL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Accordant 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.175/8.14
=0.02

* 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.

Accordant Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Accordant Group's adjusted Revenue per Share data for the fiscal year that ended in Mar26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=4.868/136.8867*136.8867
=4.868

Current CPI (Mar26) = 136.8867.

Accordant Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201703 7.867 102.231 10.534
201803 8.576 103.355 11.358
201903 8.117 104.889 10.593
202003 7.771 107.547 9.891
202103 5.986 109.182 7.505
202203 6.552 116.747 7.682
202303 6.725 124.517 7.393
202403 6.187 129.526 6.539
202503 4.872 132.798 5.022
202603 4.868 136.887 4.868

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 0.02 mean?
Accordant Group (NZSE:AGL) has a Cyclically Adjusted PS Ratio of 0.02 as of Aug. 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 Accordant Group and its competitors. This is 91% below median its historical median of 0.22. Over the past decade, Accordant Group's Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.62. According to the industry distribution chart, Accordant Group ranks #5 out of 716 companies in the Business Services industry, placing it in the top 0.7%.
Is Accordant Group's Cyclically Adjusted PS Ratio too high?
Accordant Group's current Cyclically Adjusted PS Ratio of 0.02 is 91% below median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.62. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. Accordant Group's value of 0.02 is 97.7% below this industry median. Based on the distribution chart, Accordant Group ranks #5 out of 716 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Accordant Group has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accordant Group's Cyclically Adjusted PS Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Accordant Group ranks #5 out of 716 companies for Cyclically Adjusted PS Ratio. This places Accordant Group in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.87. Accordant Group's value of 0.02 is 97.7% below this benchmark. Historically, Accordant Group's own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.62 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.87, Accordant Group 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.87, based on 716 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. Accordant Group's current Cyclically Adjusted PS Ratio of 0.02 is 97.7% 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 Accordant Group and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accordant Group's current Cyclically Adjusted PS Ratio is 0.02, which is 91% below median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accordant Group stock overvalued right now?
Based on GuruFocus' analysis, Accordant Group (NZSE:AGL) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.38, compared to a current price of NZ$0.18 — trading 53.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.02, which is 91% below median its 10-year median of 0.22 and 97.7% below the Business Services industry median of 0.87. Accordant Group's overall GF Score™ is 33/100 with 7 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 Accordant Group (NZSE:AGL), the current Cyclically Adjusted PS Ratio is 0.02 as of Aug. 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 Accordant Group (NZSE:AGL) Overvalued in 2026?

Based on GuruFocus' analysis, Accordant Group stock appears to be undervalued. The current stock price of NZ$0.18 is trading 53.9% below its estimated GF Value™ of NZ$0.38. GuruFocus considers Accordant Group to be Possible Value Trap.

Key valuation signals for NZSE:AGL:

  • Cyclically Adjusted PS Ratio: 0.02 (91% below median its 10-year median of 0.22)
  • GF Value™: NZ$0.38 vs. price of NZ$0.18 (53.9% below fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 97.7% below the Business Services median (#5 of 716)

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


Accordant Group Business Description

Address 51 Shortland Street, Level 6, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: Blue Collar Reporting Segment and White Collar Reporting Segment. Blue Collar Reporting Segment: AWF operates branches under the brand names AWF (throughout New Zealand)and Select (Dunedin), which provide contingent labour hire associated with infrastructure, logistics, manufacturing, technical, and construction. The Work Collective (TWC)provides opportunities for those who face barriers to employment. White Collar Reporting Segment: The White Collar segment provides contingent temporary employees, contractors, permanent placement, and executive search services.
33GF Score

Get the complete analysis for NZSE:AGL

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

NZ$0.18
Price
NZ$0.38
GF Value