CAE (STU:CE9) Cyclically Adjusted PS Ratio: 2.41 (As of Jul. 23, 2026) — 10% Below Median

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STU:CE9 CAE Inc STU:CE9
69 GF Score
Price €21.24
GF Value €22.07
Valuation Fairly Valued
! 4 Warning Signs
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What is CAE Cyclically Adjusted PS Ratio?

CAE STU:CE9 -0.56% 69 Cyclically Adjusted PS Ratio is 2.41 as of Jul. 23, 2026, which is 10% below its 10-year median of 2.67. GuruFocus rates STU:CE9 with a GF Score™ of 69/100 and a GF Value™ of €22.07 (Fairly Valued). The stock has 4 warning signs investors should review. Among 224 Aerospace & Defense companies, CAE ranks better than 57.59% on this metric.

As of today (2026-07-23), CAE's current share price is €21.24. CAE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €8.83. CAE's Cyclically Adjusted PS Ratio for today is 2.41.

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

STU:CE9' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.67   Max: 4.24
Current: 2.39

During the past years, CAE's highest Cyclically Adjusted PS Ratio was 4.24. The lowest was 1.59. And the median was 2.67.

STU:CE9's Cyclically Adjusted PS Ratio is ranked better than
57.59% of 224 companies
in the Aerospace & Defense industry
Industry Median: 3 vs STU:CE9: 2.39

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.

CAE's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.545. 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 €8.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CAE  (STU:CE9) 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.


CAE Cyclically Adjusted PS Ratio Related Terms


CAE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CAE'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.

CAE Cyclically Adjusted PS Ratio Chart

CAE 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 2.84 2.49 2.16 2.59 2.54

CAE 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 2.59 2.89 2.96 2.98 2.54

STU:CE9 vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, CAE'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.


CAE Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CAE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:CE9
69GF Score
CAE Inc STU:CE9
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CAE 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.24/8.83
=2.41

* 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.

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

For example, CAE'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)
=2.545/132.2623*132.2623
=2.545

Current CPI (Mar. 2026) = 132.2623.

CAE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.668 102.002 2.163
201609 1.602 101.765 2.082
201612 1.799 101.449 2.345
201703 1.903 102.634 2.452
201706 1.628 103.029 2.090
201709 1.565 103.345 2.003
201712 2.034 103.345 2.603
201803 1.682 105.004 2.119
201806 1.749 105.557 2.191
201809 1.817 105.636 2.275
201812 1.997 105.399 2.506
201903 2.541 106.979 3.142
201906 2.055 107.690 2.524
201909 2.333 107.611 2.867
201912 2.390 107.769 2.933
202003 2.351 107.927 2.881
202006 1.358 108.401 1.657
202009 1.701 108.164 2.080
202012 1.970 108.559 2.400
202103 2.104 110.298 2.523
202106 1.728 111.720 2.046
202109 1.562 112.905 1.830
202112 1.792 113.774 2.083
202203 2.116 117.646 2.379
202206 2.167 120.806 2.373
202209 2.366 120.648 2.594
202212 2.157 120.964 2.358
202303 2.574 122.702 2.775
202306 2.205 124.203 2.348
202309 2.241 125.230 2.367
202312 2.344 125.072 2.479
202403 2.490 126.258 2.608
202406 2.280 127.522 2.365
202409 2.304 127.285 2.394
202412 2.564 127.364 2.663
202503 2.595 129.181 2.657
202506 2.170 129.892 2.210
202509 2.370 130.287 2.406
202512 2.402 130.366 2.437
202603 2.545 132.262 2.545

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 2.41 mean?
CAE (STU:CE9) has a Cyclically Adjusted PS Ratio of 2.41 as of Jul. 23, 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 CAE and its competitors. This is 10% below median its historical median of 2.67. Over the past decade, CAE's Cyclically Adjusted PS Ratio has ranged from 1.59 to 4.24. According to the industry distribution chart, CAE ranks #95 out of 224 companies in the Aerospace & Defense industry, placing it in the top 42.4%.
Is CAE's Cyclically Adjusted PS Ratio too high?
CAE's current Cyclically Adjusted PS Ratio of 2.41 is 10% below median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 4.24. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 3.00. CAE's value of 2.41 is 19.7% below this industry median. Based on the distribution chart, CAE ranks #95 out of 224 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, CAE has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CAE's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CAE ranks #95 out of 224 companies for Cyclically Adjusted PS Ratio. This puts CAE in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.00. CAE's value of 2.41 is 19.7% below this benchmark. Historically, CAE's own Cyclically Adjusted PS Ratio has ranged from 1.59 to 4.24 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 3.00, CAE 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 an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 3.00, based on 224 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. CAE's current Cyclically Adjusted PS Ratio of 2.41 is 19.7% 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 CAE and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAE's current Cyclically Adjusted PS Ratio is 2.41, which is 10% below median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAE stock overvalued right now?
Based on GuruFocus' analysis, CAE (STU:CE9) is currently considered Fairly Valued. The stock's GF Value™ is €22.07, compared to a current price of €21.24 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.41, which is 10% below median its 10-year median of 2.67 and 19.7% below the Aerospace & Defense industry median of 3.00. CAE's overall GF Score™ is 69/100 with 4 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 CAE (STU:CE9), the current Cyclically Adjusted PS Ratio is 2.41 as of Jul. 23, 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 CAE (STU:CE9) Overvalued in 2026?

Based on GuruFocus' analysis, CAE stock appears to be undervalued. The current stock price of €21.24 is trading 3.8% below its estimated GF Value™ of €22.07. GuruFocus considers CAE to be Fairly Valued.

Key valuation signals for STU:CE9:

  • Cyclically Adjusted PS Ratio: 2.41 (10% below median its 10-year median of 2.67)
  • GF Value™: €22.07 vs. price of €21.24 (3.8% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 19.7% below the Aerospace & Defense median (#95 of 224)

No single metric tells the full story. See the STU:CE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CAE Business Description

Other Exchanges CAE:USACAE:Canada
Address 8585 Cote de Liesse, Saint-Laurent, QC, CAN, H4T 1G6
CAE Inc provides training and aviation services, integrated enterprise solutions, in-service support, and crew-sourcing services. The company operations are managed through two segments: i) Civil Aviation: Provides comprehensive training solutions for flight, cabin, maintenance, ground personnel and air traffic controllers in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as airline operations digital solutions; and ii) Defense and Security which is a world-wide training and simulation provider delivering scalable, platform-independent solutions that enable and enhance force readiness and security. It generates the majority of its revenue from the Civil Aviation segment.
69GF Score

Get the complete analysis for STU:CE9

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

€21.24
Price
€22.07
GF Value