Multiconsult ASA (STU:3MC) Cyclically Adjusted PS Ratio: (As of Aug. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:3MC Multiconsult ASA STU:3MC
87 GF Score
Price €13.14
GF Value €15.77
! 6 Warning Signs
View Full Analysis

What is Multiconsult ASA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Multiconsult ASA  (STU:3MC) 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.


Multiconsult ASA Cyclically Adjusted PS Ratio Related Terms


Multiconsult ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Multiconsult ASA'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.

Multiconsult ASA Cyclically Adjusted PS Ratio Chart

Multiconsult ASA 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 0.00 0.74 1.10 0.89

Multiconsult ASA 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 1.09 0.90 0.89 0.80 0.00

STU:3MC vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Multiconsult ASA'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.


Multiconsult ASA Cyclically Adjusted PS Ratio vs Construction Industry

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

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


STU:3MC
87GF Score
Multiconsult ASA STU:3MC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Multiconsult ASA 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.

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

For example, Multiconsult ASA'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)
=5.759/141.5800*141.5800
=5.759

Current CPI (Jun. 2026) = 141.5800.

Multiconsult ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.617 104.200 3.556
201612 3.318 104.400 4.500
201703 3.738 105.000 5.040
201706 3.370 105.800 4.510
201709 2.766 105.900 3.698
201712 3.642 106.100 4.860
201803 3.955 107.300 5.219
201806 4.023 108.500 5.250
201809 3.149 109.500 4.072
201812 3.935 109.800 5.074
201903 4.232 110.400 5.427
201906 3.962 110.600 5.072
201909 3.212 111.100 4.093
201912 3.916 111.300 4.981
202003 3.767 111.200 4.796
202006 3.806 112.100 4.807
202009 2.863 112.900 3.590
202012 3.878 112.900 4.863
202103 3.997 114.600 4.938
202106 4.041 115.300 4.962
202109 3.197 117.500 3.852
202112 4.351 118.900 5.181
202203 4.853 119.800 5.735
202206 4.278 122.600 4.940
202209 3.651 125.600 4.116
202212 4.702 125.900 5.288
202303 4.836 127.600 5.366
202306 4.159 130.400 4.516
202309 3.618 129.800 3.946
202312 5.155 131.900 5.533
202403 4.992 132.600 5.330
202406 5.317 133.800 5.626
202409 4.155 133.700 4.400
202412 5.366 134.800 5.636
202503 5.483 136.100 5.704
202506 5.212 137.800 5.355
202509 4.459 138.500 4.558
202512 5.586 139.100 5.686
202603 6.005 141.030 6.028
202606 5.759 141.580 5.759

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.

Is Multiconsult ASA (STU:3MC) Overvalued in 2026?

Based on GuruFocus' analysis, Multiconsult ASA stock appears to be undervalued. The current stock price of €13.14 is trading 16.7% below its estimated GF Value™ of €15.77.

Key valuation signals for STU:3MC:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €15.77 vs. price of €13.14 (16.7% below fair value)
  • GF Score™: 87/100 with 6 warning signs

No single metric tells the full story. See the STU:3MC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Multiconsult ASA Business Description

Address Nedre Skoyen vei 2, Oslo, NOR, 0276
Multiconsult ASA is a specialist in engineering design, consultancy, and architecture services, providing multidisciplinary consultancy, design, planning, project supervision, project management, geotechnical site surveys, verification, and controls in Norway and abroad, with engineering services in Norway, Sweden, and Poland, and architecture services in Scandinavian countries. The group operates through three segments: Norway, which contributes maximum revenue and provides consulting engineering services; Architecture, comprising LINK Arkitektur and A-lab; and International, comprising Multiconsult Polska and Iterio. Its operations cover four business areas: Building & Properties, Mobility & Transportation, Energy & Industry, and Water & Environment.
87GF Score

Get the complete analysis for STU:3MC

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

€13.14
Price
€15.77
GF Value