Stantec (TSX:STN) Cyclically Adjusted PS Ratio: 1.75 (As of Jul. 17, 2026) — 13% Above Median

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TSX:STN Stantec Inc TSX:STN
86 GF Score
Price C$98.98
GF Value C$126.95
Valuation Modestly Undervalued
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What is Stantec Cyclically Adjusted PS Ratio?

Stantec TSX:STN +2.64% 86 Cyclically Adjusted PS Ratio is 1.75 as of Jul. 17, 2026, which is 13% above its 10-year median of 1.55. GuruFocus rates TSX:STN with a GF Score™ of 86/100 and a GF Value™ of C$126.95 (Modestly Undervalued). Among 1,356 Construction companies, Stantec ranks worse than 76.18% on this metric.

As of today (2026-07-17), Stantec's current share price is C$98.98. Stantec's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$56.43. Stantec's Cyclically Adjusted PS Ratio for today is 1.75.

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

TSX:STN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.55   Max: 2.91
Current: 1.75

During the past years, Stantec's highest Cyclically Adjusted PS Ratio was 2.91. The lowest was 0.94. And the median was 1.55.

TSX:STN's Cyclically Adjusted PS Ratio is ranked worse than
76.18% of 1356 companies
in the Construction industry
Industry Median: 0.71 vs TSX:STN: 1.75

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.

Stantec's adjusted revenue per share data for the three months ended in Mar. 2026 was C$18.127. 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$56.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stantec  (TSX:STN) 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.


Stantec Cyclically Adjusted PS Ratio Related Terms


Stantec Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Stantec'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.

Stantec Cyclically Adjusted PS Ratio Chart

Stantec 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 1.90 1.53 2.29 2.23 2.36

Stantec 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 2.30 2.80 2.78 2.36 2.13

TSX:STN vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Stantec'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.


Stantec Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSX:STN
86GF Score
Stantec Inc TSX:STN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stantec 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.98/56.43
=1.75

* 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.

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

For example, Stantec'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)
=18.127/132.2623*132.2623
=18.127

Current CPI (Mar. 2026) = 132.2623.

Stantec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.816 102.002 12.728
201609 11.005 101.765 14.303
201612 10.862 101.449 14.161
201703 11.130 102.634 14.343
201706 11.531 103.029 14.803
201709 11.384 103.345 14.569
201712 1.177 103.345 1.506
201803 8.935 105.004 11.254
201806 9.580 105.557 12.004
201809 9.543 105.636 11.948
201812 9.581 105.399 12.023
201903 10.299 106.979 12.733
201906 10.960 107.690 13.461
201909 11.130 107.611 13.680
201912 10.885 107.769 13.359
202003 10.912 107.927 13.372
202006 10.779 108.401 13.152
202009 10.479 108.164 12.814
202012 10.061 108.559 12.258
202103 9.745 110.298 11.686
202106 10.149 111.720 12.015
202109 10.474 112.905 12.270
202112 10.633 113.774 12.361
202203 11.772 117.646 13.235
202206 12.396 120.806 13.572
202209 13.284 120.648 14.563
202212 13.657 120.964 14.933
202303 13.876 122.702 14.957
202306 14.757 124.203 15.715
202309 15.260 125.230 16.117
202312 14.360 125.072 15.185
202403 15.091 126.258 15.809
202406 16.567 127.522 17.183
202409 16.915 127.285 17.576
202412 17.179 127.364 17.840
202503 16.864 129.181 17.266
202506 17.221 129.892 17.535
202509 18.765 130.287 19.049
202512 18.549 130.366 18.819
202603 18.127 132.262 18.127

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 1.75 mean?
Stantec (TSX:STN) has a Cyclically Adjusted PS Ratio of 1.75 as of Jul. 17, 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 Stantec and its competitors. This is 13% above median its historical median of 1.55. Over the past decade, Stantec's Cyclically Adjusted PS Ratio has ranged from 0.94 to 2.91. According to the industry distribution chart, Stantec ranks #1033 out of 1356 companies in the Construction industry, placing it in the top 76.2%.
Is Stantec's Cyclically Adjusted PS Ratio too high?
Stantec's current Cyclically Adjusted PS Ratio of 1.75 is 13% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.91. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Stantec's value of 1.75 is 146.5% above this industry median. Based on the distribution chart, Stantec ranks #1033 out of 1356 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Stantec has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stantec's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Stantec ranks #1033 out of 1356 companies for Cyclically Adjusted PS Ratio. This places Stantec in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Stantec's value of 1.75 is 146.5% above this benchmark. Historically, Stantec's own Cyclically Adjusted PS Ratio has ranged from 0.94 to 2.91 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 0.71, Stantec 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 1,356 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. Stantec's current Cyclically Adjusted PS Ratio of 1.75 is 146.5% 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 Stantec 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. Stantec's current Cyclically Adjusted PS Ratio is 1.75, which is 13% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stantec stock overvalued right now?
Based on GuruFocus' analysis, Stantec (TSX:STN) is currently considered Modestly Undervalued. The stock's GF Value™ is C$126.95, compared to a current price of C$98.98 — trading 22% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.75, which is 13% above median its 10-year median of 1.55 and 146.5% above the Construction industry median of 0.71. Stantec's overall GF Score™ is 86/100. 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 Stantec (TSX:STN), the current Cyclically Adjusted PS Ratio is 1.75 as of Jul. 17, 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 Stantec (TSX:STN) Overvalued in 2026?

Based on GuruFocus' analysis, Stantec stock appears to be undervalued. The current stock price of C$98.98 is trading 22% below its estimated GF Value™ of C$126.95. GuruFocus considers Stantec to be Modestly Undervalued.

Key valuation signals for TSX:STN:

  • Cyclically Adjusted PS Ratio: 1.75 (13% above median its 10-year median of 1.55)
  • GF Value™: C$126.95 vs. price of C$98.98 (22% below fair value)
  • GF Score™: 86/100
  • Industry Position: 146.5% above the Construction median (#1033 of 1356)

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


Stantec Business Description

Other Exchanges STN:USAS3A:Germany
Address 10220 - 103 Avenue NW, Suite 300, Edmonton, AB, CAN, T5J 0K4
Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. It offers services through the following business operating units; Environmental Services, Infrastructure, Water, Buildings, and Energy & Resources. Maximum revenue is derived from its Infrastructure business unit, which is engaged in evaluating, planning, and designing infrastructure solutions for transportation, community development, and urban spaces. The company's reportable segments are the United States, which derives maximum revenue, Canada, and Global. These segments provide consulting in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics services in the area of infrastructure and facilities.
86GF Score

Get the complete analysis for TSX:STN

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

C$98.98
Price
C$126.95
GF Value