SPXC (SPX Technologies) Cyclically Adjusted PS Ratio: 5.47 (As of Jul. 11, 2026) — 421% Above Median


SPXC SPX Technologies Inc SPXC
93 GF Score
Price $219.87
GF Value $178.97
Valuation Modestly Overvalued
! 3 Warning Signs
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What is SPX Technologies Cyclically Adjusted PS Ratio?

SPX Technologies SPXC +1.50% 93 Cyclically Adjusted PS Ratio is 5.47 as of Jul. 11, 2026, which is 421% above its 10-year median of 1.05. GuruFocus rates SPXC with a GF Score™ of 93/100 and a GF Value™ of $178.97 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,353 Construction companies, SPX Technologies ranks worse than 92.9% on this metric.

As of today (2026-07-11), SPX Technologies's current share price is $219.87. SPX Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $40.17. SPX Technologies's Cyclically Adjusted PS Ratio for today is 5.47.

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

SPXC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 1.05   Max: 6.13
Current: 5.47

During the past years, SPX Technologies's highest Cyclically Adjusted PS Ratio was 6.13. The lowest was 0.18. And the median was 1.05.

SPXC's Cyclically Adjusted PS Ratio is ranked worse than
92.9% of 1353 companies
in the Construction industry
Industry Median: 0.71 vs SPXC: 5.47

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.

SPX Technologies's adjusted revenue per share data for the three months ended in Mar. 2026 was $11.219. 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 $40.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPX Technologies  (NYSE:SPXC) 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.


SPX Technologies Cyclically Adjusted PS Ratio Related Terms


SPX Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SPX Technologies'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.

SPX Technologies Cyclically Adjusted PS Ratio Chart

SPX Technologies 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 1.20 1.52 2.36 3.73 5.06

SPX Technologies 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 3.28 4.27 4.73 5.06 4.98

SPXC vs WMS, OC, AAON: Cyclically Adjusted PS Ratio Comparison

For the Building Products & Equipment subindustry, SPX Technologies'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.


SPX Technologies Cyclically Adjusted PS Ratio vs Construction Industry

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

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


SPXC
93GF Score
SPX Technologies Inc SPXC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SPX Technologies 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.

SPX Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=219.87/40.17
=5.47

* 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.

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

For example, SPX Technologies'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)
=11.219/330.2130*330.2130
=11.219

Current CPI (Mar. 2026) = 330.2130.

SPX Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.929 241.018 12.233
201609 8.122 241.428 11.109
201612 9.195 241.432 12.576
201703 7.838 243.801 10.616
201706 8.250 244.955 11.121
201709 7.909 246.819 10.581
201712 8.709 246.524 11.665
201803 7.934 249.554 10.498
201806 8.479 251.989 11.111
201809 8.073 252.439 10.560
201812 9.374 251.233 12.321
201903 7.656 254.202 9.945
201906 8.295 256.143 10.694
201909 8.075 256.759 10.385
201912 0.946 256.974 1.216
202003 8.070 258.115 10.324
202006 5.652 257.797 7.240
202009 5.846 260.280 7.417
202012 7.503 260.474 9.512
202103 6.200 264.877 7.729
202106 6.372 271.696 7.744
202109 6.124 274.310 7.372
202112 7.508 278.802 8.892
202203 6.612 287.504 7.594
202206 7.648 296.311 8.523
202209 8.031 296.808 8.935
202212 9.307 296.797 10.355
202303 8.616 301.836 9.426
202306 9.078 305.109 9.825
202309 9.598 307.789 10.297
202312 10.037 306.746 10.805
202403 9.965 312.332 10.535
202406 10.630 314.175 11.173
202409 10.234 315.301 10.718
202412 11.283 315.605 11.805
202503 10.242 319.799 10.576
202506 11.655 322.561 11.931
202509 12.118 324.800 12.320
202512 12.579 324.054 12.818
202603 11.219 330.213 11.219

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 5.47 mean?
SPX Technologies (SPXC) has a Cyclically Adjusted PS Ratio of 5.47 as of Jul. 11, 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 SPX Technologies and its competitors. This is 421% above median its historical median of 1.05. Over the past decade, SPX Technologies' Cyclically Adjusted PS Ratio has ranged from 0.18 to 6.13. According to the industry distribution chart, SPX Technologies ranks #1257 out of 1353 companies in the Construction industry, placing it in the top 92.9%.
Is SPX Technologies' Cyclically Adjusted PS Ratio too high?
SPX Technologies' current Cyclically Adjusted PS Ratio of 5.47 is 421% above median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 6.13. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. SPX Technologies' value of 5.47 is 670.4% above this industry median. Based on the distribution chart, SPX Technologies ranks #1257 out of 1353 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, SPX Technologies has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPX Technologies' Cyclically Adjusted PS Ratio compare to WMS and OC?
According to the Construction industry distribution chart, SPX Technologies ranks #1257 out of 1353 companies for Cyclically Adjusted PS Ratio. This places SPX Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. SPX Technologies' value of 5.47 is 670.4% above this benchmark. Historically, SPX Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.18 to 6.13 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.71, SPX Technologies 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 1,353 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. SPX Technologies's current Cyclically Adjusted PS Ratio of 5.47 is 670.4% 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 SPX Technologies 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. SPX Technologies's current Cyclically Adjusted PS Ratio is 5.47, which is 421% above median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPX Technologies stock overvalued right now?
Based on GuruFocus' analysis, SPX Technologies (SPXC) is currently considered Modestly Overvalued. The stock's GF Value™ is $178.97, compared to a current price of $219.87 — trading 22.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.47, which is 421% above median its 10-year median of 1.05 and 670.4% above the Construction industry median of 0.71. SPX Technologies' overall GF Score™ is 93/100 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 SPX Technologies (SPXC), the current Cyclically Adjusted PS Ratio is 5.47 as of Jul. 11, 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 SPX Technologies (SPXC) Overvalued in 2026?

Based on GuruFocus' analysis, SPX Technologies stock appears to be overvalued. The current stock price of $219.87 is trading 22.9% above its estimated GF Value™ of $178.97. GuruFocus considers SPX Technologies to be Modestly Overvalued.

Key valuation signals for SPXC:

  • Cyclically Adjusted PS Ratio: 5.47 (421% above median its 10-year median of 1.05)
  • GF Value™: $178.97 vs. price of $219.87 (22.9% above fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 670.4% above the Construction median (#1257 of 1353)

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


SPX Technologies Business Description

Other Exchanges SPW0:Germany
Address 6325 Ardrey Kell Road, Suite 400, Charlotte, NC, USA, 28277
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through two reportable segments. The HVAC segment which generates the majority of the revenue for the company, designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The Detection and Measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. Geographically, the company has its operations in the United States, Canada, China, the United Kingdom, and Others. It derives maximum revenue from United States.
93GF Score

Get the complete analysis for SPXC

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

$219.87
Price
$178.97
GF Value