Black Diamond Group (TSX:BDI) Cyclically Adjusted PS Ratio: 3.19 (As of Jul. 30, 2026) — 356% Above Median

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TSX:BDI Black Diamond Group Ltd TSX:BDI
83 GF Score
Price C$17.14
GF Value C$10.94
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Black Diamond Group Cyclically Adjusted PS Ratio?

Black Diamond Group TSX:BDI -3.76% 83 Cyclically Adjusted PS Ratio is 3.19 as of Jul. 30, 2026, which is 356% above its 10-year median of 0.70. GuruFocus rates TSX:BDI with a GF Score™ of 83/100 and a GF Value™ of C$10.94 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 716 Business Services companies, Black Diamond Group ranks worse than 84.36% on this metric.

As of today (2026-07-30), Black Diamond Group's current share price is C$17.14. Black Diamond Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$5.38. Black Diamond Group's Cyclically Adjusted PS Ratio for today is 3.19.

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

TSX:BDI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.7   Max: 3.72
Current: 3.31

During the past years, Black Diamond Group's highest Cyclically Adjusted PS Ratio was 3.72. The lowest was 0.17. And the median was 0.70.

TSX:BDI's Cyclically Adjusted PS Ratio is ranked worse than
84.36% of 716 companies
in the Business Services industry
Industry Median: 0.91 vs TSX:BDI: 3.31

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.

Black Diamond Group's adjusted revenue per share data for the three months ended in Mar. 2026 was C$1.863. 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 C$5.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Black Diamond Group  (TSX:BDI) 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.


Black Diamond Group Cyclically Adjusted PS Ratio Related Terms


Black Diamond Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Black Diamond Group'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.

Black Diamond Group Cyclically Adjusted PS Ratio Chart

Black Diamond Group 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 0.75 0.81 1.42 1.76 2.78

Black Diamond Group 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 1.70 1.89 2.68 2.78 2.97

TSX:BDI vs URI, SUNB, AER: Cyclically Adjusted PS Ratio Comparison

For the Rental & Leasing Services subindustry, Black Diamond Group'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.


Black Diamond Group Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Black Diamond Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:BDI
83GF Score
Black Diamond Group Ltd TSX:BDI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Black Diamond Group 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.

Black Diamond Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.14/5.38
=3.19

* 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.

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

For example, Black Diamond Group'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)
=1.863/132.2623*132.2623
=1.863

Current CPI (Mar. 2026) = 132.2623.

Black Diamond Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.845 102.002 1.096
201609 0.615 101.765 0.799
201612 0.821 101.449 1.070
201703 0.822 102.634 1.059
201706 0.678 103.029 0.870
201709 0.663 103.345 0.849
201712 0.755 103.345 0.966
201803 0.744 105.004 0.937
201806 0.775 105.557 0.971
201809 0.668 105.636 0.836
201812 0.827 105.399 1.038
201903 0.825 106.979 1.020
201906 0.854 107.690 1.049
201909 0.828 107.611 1.018
201912 0.852 107.769 1.046
202003 0.818 107.927 1.002
202006 0.673 108.401 0.821
202009 0.749 108.164 0.916
202012 1.019 108.559 1.241
202103 1.129 110.298 1.354
202106 1.156 111.720 1.369
202109 1.828 112.905 2.141
202112 1.609 113.774 1.870
202203 1.172 117.646 1.318
202206 1.138 120.806 1.246
202209 1.584 120.648 1.736
202212 1.469 120.964 1.606
202303 1.335 122.702 1.439
202306 1.464 124.203 1.559
202309 1.901 125.230 2.008
202312 1.666 125.072 1.762
202403 1.188 126.258 1.245
202406 1.527 127.522 1.584
202409 1.622 127.285 1.685
202412 2.137 127.364 2.219
202503 1.643 129.181 1.682
202506 1.696 129.892 1.727
202509 1.578 130.287 1.602
202512 2.117 130.366 2.148
202603 1.863 132.262 1.863

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 3.19 mean?
Black Diamond Group (TSX:BDI) has a Cyclically Adjusted PS Ratio of 3.19 as of Jul. 30, 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 Black Diamond Group and its competitors. This is 356% above median its historical median of 0.70. Over the past decade, Black Diamond Group's Cyclically Adjusted PS Ratio has ranged from 0.17 to 3.72. According to the industry distribution chart, Black Diamond Group ranks #604 out of 716 companies in the Business Services industry, placing it in the top 84.4%.
Is Black Diamond Group's Cyclically Adjusted PS Ratio too high?
Black Diamond Group's current Cyclically Adjusted PS Ratio of 3.19 is 356% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 3.72. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. Black Diamond Group's value of 3.19 is 250.5% above this industry median. Based on the distribution chart, Black Diamond Group ranks #604 out of 716 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Black Diamond Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Diamond Group's Cyclically Adjusted PS Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Black Diamond Group ranks #604 out of 716 companies for Cyclically Adjusted PS Ratio. This places Black Diamond Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Black Diamond Group's value of 3.19 is 250.5% above this benchmark. Historically, Black Diamond Group's own Cyclically Adjusted PS Ratio has ranged from 0.17 to 3.72 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.91, Black Diamond Group 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.91, based on 716 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. Black Diamond Group's current Cyclically Adjusted PS Ratio of 3.19 is 250.5% 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 Black Diamond Group and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Diamond Group's current Cyclically Adjusted PS Ratio is 3.19, which is 356% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Diamond Group stock overvalued right now?
Based on GuruFocus' analysis, Black Diamond Group (TSX:BDI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$10.94, compared to a current price of C$17.14 — trading 56.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.19, which is 356% above median its 10-year median of 0.70 and 250.5% above the Business Services industry median of 0.91. Black Diamond Group's overall GF Score™ is 83/100 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 Black Diamond Group (TSX:BDI), the current Cyclically Adjusted PS Ratio is 3.19 as of Jul. 30, 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 Black Diamond Group (TSX:BDI) Overvalued in 2026?

Based on GuruFocus' analysis, Black Diamond Group stock appears to be overvalued. The current stock price of C$17.14 is trading 56.7% above its estimated GF Value™ of C$10.94. GuruFocus considers Black Diamond Group to be Significantly Overvalued.

Key valuation signals for TSX:BDI:

  • Cyclically Adjusted PS Ratio: 3.19 (356% above median its 10-year median of 0.70)
  • GF Value™: C$10.94 vs. price of C$17.14 (56.7% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 250.5% above the Business Services median (#604 of 716)

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


Black Diamond Group Business Description

Other Exchanges BDIMF:USA8B8:Germany
Address 440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9
Black Diamond Group Ltd is a specialty rentals and industrial services company with two operating business units - Modular Space Solutions and Workforce Solutions, which operate in Canada, the United States and Australia. Modular Space Solutions provides modular space rentals to customers throughout North America. Workforce Solutions provides workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the company's online digital marketplace, LodgeLink. The majority of the company's revenue is derived from the Workforce Solutions business. Canadally, it generates the maximum revenue from Canada.
83GF Score

Get the complete analysis for TSX:BDI

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

C$17.14
Price
C$10.94
GF Value