PWR (Quanta Services) Cyclically Adjusted PS Ratio: 5.19 (As of Aug. 03, 2026) — 205% Above Median

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PWR Quanta Services Inc PWR
89 GF Score
Price $670.85
GF Value $458.63
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Quanta Services Cyclically Adjusted PS Ratio?

Quanta Services PWR +0.52% 89 Cyclically Adjusted PS Ratio is 5.19 as of Aug. 03, 2026, which is 205% above its 10-year median of 1.70. GuruFocus rates PWR with a GF Score™ of 89/100 and a GF Value™ of $458.63 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,359 Construction companies, Quanta Services ranks worse than 92.79% on this metric.

As of today (2026-08-03), Quanta Services's current share price is $670.85. Quanta Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $129.22. Quanta Services's Cyclically Adjusted PS Ratio for today is 5.19.

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

PWR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.7   Max: 6.25
Current: 5.16

During the past years, Quanta Services's highest Cyclically Adjusted PS Ratio was 6.25. The lowest was 0.55. And the median was 1.70.

PWR's Cyclically Adjusted PS Ratio is ranked worse than
92.79% of 1359 companies
in the Construction industry
Industry Median: 0.7 vs PWR: 5.16

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.

Quanta Services's adjusted revenue per share data for the three months ended in Jun. 2026 was $62.694. 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 $129.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quanta Services  (NYSE:PWR) 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.


Quanta Services Cyclically Adjusted PS Ratio Related Terms


Quanta Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Quanta Services'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.

Quanta Services Cyclically Adjusted PS Ratio Chart

Quanta Services 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 1.83 1.91 2.47 3.13 3.60

Quanta Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.45 3.64 3.60 4.46 5.57

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

For the Engineering & Construction subindustry, Quanta Services'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.


Quanta Services Cyclically Adjusted PS Ratio vs Construction Industry

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

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


PWR
89GF Score
Quanta Services Inc PWR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quanta Services 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.

Quanta Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=670.85/129.22
=5.19

* 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.

Quanta Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Quanta Services's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=62.694/333.9520*333.9520
=62.694

Current CPI (Jun. 2026) = 333.9520.

Quanta Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 13.173 241.428 18.221
201612 13.578 241.432 18.781
201703 14.037 243.801 19.228
201706 14.090 244.955 19.209
201709 16.450 246.819 22.257
201712 15.664 246.524 21.219
201803 15.344 249.554 20.533
201806 17.183 251.989 22.772
201809 19.424 252.439 25.696
201812 20.568 251.233 27.340
201903 19.168 254.202 25.182
201906 19.283 256.143 25.141
201909 22.741 256.759 29.578
201912 20.903 256.974 27.165
202003 18.831 258.115 24.364
202006 17.462 257.797 22.620
202009 20.921 260.280 26.843
202012 19.942 260.474 25.568
202103 18.717 264.877 23.598
202106 20.745 271.696 25.498
202109 23.238 274.310 28.291
202112 26.484 278.802 31.723
202203 26.779 287.504 31.105
202206 28.554 296.311 32.181
202209 30.199 296.808 33.978
202212 29.907 296.797 33.651
202303 29.791 301.836 32.961
202306 33.935 305.109 37.143
202309 37.776 307.789 40.987
202312 38.807 306.746 42.249
202403 33.691 312.332 36.023
202406 37.349 314.175 39.700
202409 43.128 315.301 45.679
202412 43.547 315.605 46.079
202503 41.290 319.799 43.117
202506 44.877 322.561 46.462
202509 50.374 324.800 51.793
202512 51.667 324.054 53.245
202603 51.779 330.213 52.365
202606 62.694 333.952 62.694

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 5.19 mean?
Quanta Services (PWR) has a Cyclically Adjusted PS Ratio of 5.19 as of Aug. 03, 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 Quanta Services and its competitors. This is 205% above median its historical median of 1.70. Over the past decade, Quanta Services' Cyclically Adjusted PS Ratio has ranged from 0.55 to 6.25. According to the industry distribution chart, Quanta Services ranks #1261 out of 1359 companies in the Construction industry, placing it in the top 92.8%.
Is Quanta Services' Cyclically Adjusted PS Ratio too high?
Quanta Services' current Cyclically Adjusted PS Ratio of 5.19 is 205% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 6.25. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Quanta Services' value of 5.19 is 641.4% above this industry median. Based on the distribution chart, Quanta Services ranks #1261 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Quanta Services has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quanta Services' Cyclically Adjusted PS Ratio compare to FIX and EME?
According to the Construction industry distribution chart, Quanta Services ranks #1261 out of 1359 companies for Cyclically Adjusted PS Ratio. This places Quanta Services in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Quanta Services' value of 5.19 is 641.4% above this benchmark. Historically, Quanta Services' own Cyclically Adjusted PS Ratio has ranged from 0.55 to 6.25 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 0.70, Quanta Services 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 0.70, based on 1,359 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. Quanta Services's current Cyclically Adjusted PS Ratio of 5.19 is 641.4% 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 Quanta Services and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quanta Services's current Cyclically Adjusted PS Ratio is 5.19, which is 205% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quanta Services stock overvalued right now?
Based on GuruFocus' analysis, Quanta Services (PWR) is currently considered Significantly Overvalued. The stock's GF Value™ is $458.63, compared to a current price of $670.85 — trading 46.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.19, which is 205% above median its 10-year median of 1.70 and 641.4% above the Construction industry median of 0.70. Quanta Services' overall GF Score™ is 89/100 with 2 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 Quanta Services (PWR), the current Cyclically Adjusted PS Ratio is 5.19 as of Aug. 03, 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 Quanta Services (PWR) Overvalued in 2026?

Based on GuruFocus' analysis, Quanta Services stock appears to be overvalued. The current stock price of $670.85 is trading 46.3% above its estimated GF Value™ of $458.63. GuruFocus considers Quanta Services to be Significantly Overvalued.

Key valuation signals for PWR:

  • Cyclically Adjusted PS Ratio: 5.19 (205% above median its 10-year median of 1.70)
  • GF Value™: $458.63 vs. price of $670.85 (46.3% above fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 641.4% above the Construction median (#1261 of 1359)

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


Quanta Services Business Description

Address 2727 North Loop West, Houston, TX, USA, 77008
Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under two segments: electric and underground utility and infrastructure.
89GF Score

Get the complete analysis for PWR

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

$670.85
Price
$458.63
GF Value