SPIE (SPIIY) Cyclically Adjusted PS Ratio: 1.05 (As of Jul. 05, 2026) — 17% Above Median


SPIIY SPIE SA SPIIY
67 GF Score
Price $15.48
GF Value $12.39
Valuation Modestly Overvalued
! 3 Warning Signs
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What is SPIE Cyclically Adjusted PS Ratio?

SPIE SPIIY +16.68% 67 Cyclically Adjusted PS Ratio is 1.05 as of Jul. 05, 2026, which is 17% above its 10-year median of 0.90. GuruFocus rates SPIIY with a GF Score™ of 67/100 and a GF Value™ of $12.39 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,354 Construction companies, SPIE ranks worse than 61.3% on this metric.

As of today (2026-07-05), SPIE's current share price is $15.478. SPIE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $14.79. SPIE's Cyclically Adjusted PS Ratio for today is 1.05.

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

SPIIY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.9   Max: 1.03
Current: 1.03

During the past 13 years, SPIE's highest Cyclically Adjusted PS Ratio was 1.03. The lowest was 0.59. And the median was 0.90.

SPIIY's Cyclically Adjusted PS Ratio is ranked worse than
61.3% of 1354 companies
in the Construction industry
Industry Median: 0.71 vs SPIIY: 1.03

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.

SPIE's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $17.959. 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 $14.79 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPIE  (OTCPK:SPIIY) 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.


SPIE Cyclically Adjusted PS Ratio Related Terms


SPIE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SPIE'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.

SPIE Cyclically Adjusted PS Ratio Chart

SPIE 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 0.00 0.50 0.57 0.60 0.96

SPIE Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 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 0.00 0.60 0.00 0.00 0.96

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

For the Engineering & Construction subindustry, SPIE'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.


SPIE Cyclically Adjusted PS Ratio vs Construction Industry

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

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


SPIIY
67GF Score
SPIE SA SPIIY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SPIE 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.478/14.79
=1.05

* 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.

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

For example, SPIE'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)
=17.959/120.9000*120.9000
=17.959

Current CPI (Dec25) = 120.9000.

SPIE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 8.459 100.650 10.161
201712 11.684 101.850 13.869
201812 12.273 103.470 14.340
201912 12.432 104.980 14.317
202012 12.791 104.960 14.734
202112 12.240 107.850 13.721
202212 13.096 114.160 13.869
202312 14.352 118.390 14.656
202412 15.406 119.950 15.528
202512 17.959 120.900 17.959

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 1.05 mean?
SPIE (SPIIY) has a Cyclically Adjusted PS Ratio of 1.05 as of Jul. 05, 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 SPIE and its competitors. This is 17% above median its historical median of 0.90. Over the past decade, SPIE's Cyclically Adjusted PS Ratio has ranged from 0.59 to 1.03. According to the industry distribution chart, SPIE ranks #830 out of 1354 companies in the Construction industry, placing it in the top 61.3%.
Is SPIE's Cyclically Adjusted PS Ratio too high?
SPIE's current Cyclically Adjusted PS Ratio of 1.05 is 17% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.03. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. SPIE's value of 1.05 is 47.9% above this industry median. Based on the distribution chart, SPIE ranks #830 out of 1354 companies in the Construction industry, which is below the industry midpoint. Overall, SPIE has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPIE's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, SPIE ranks #830 out of 1354 companies for Cyclically Adjusted PS Ratio. This places SPIE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. SPIE's value of 1.05 is 47.9% above this benchmark. Historically, SPIE's own Cyclically Adjusted PS Ratio has ranged from 0.59 to 1.03 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.71, SPIE 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. SPIE's current Cyclically Adjusted PS Ratio of 1.05 is 47.9% 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 SPIE 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. SPIE's current Cyclically Adjusted PS Ratio is 1.05, which is 17% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPIE stock overvalued right now?
Based on GuruFocus' analysis, SPIE (SPIIY) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.39, compared to a current price of $15.48 — trading 24.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.05, which is 17% above median its 10-year median of 0.90 and 47.9% above the Construction industry median of 0.71. SPIE's overall GF Score™ is 67/100 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 SPIE (SPIIY), the current Cyclically Adjusted PS Ratio is 1.05 as of Jul. 05, 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 SPIE (SPIIY) Overvalued in 2026?

Based on GuruFocus' analysis, SPIE stock appears to be overvalued. The current stock price of $15.48 is trading 24.9% above its estimated GF Value™ of $12.39. GuruFocus considers SPIE to be Modestly Overvalued.

Key valuation signals for SPIIY:

  • Cyclically Adjusted PS Ratio: 1.05 (17% above median its 10-year median of 0.90)
  • GF Value™: $12.39 vs. price of $15.48 (24.9% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 47.9% above the Construction median (#830 of 1354)

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


SPIE Business Description

Address 10, Avenue de l’Entreprise, Cergy-Pontoise, FRA, 95863
SPIE SA is a European provider of multi-technical services in electrical, mechanical, and HVAC engineering and communication systems as well as specialized energy-related services. It helps its customers design, build, operate and maintain facilities that are energy-efficient and environmentally friendly. The group structures its activities around operating segments: France, North-Western Europe, Germany, Central Europe, and Global Services Energy. The majority of its revenue is derived from the Germany segment. It has a geographic presence in Europe, Africa, North, America, Asia-Pacific and Middle East.
67GF Score

Get the complete analysis for SPIIY

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

$15.48
Price
$12.39
GF Value