Avante (TSXV:XX) Cyclically Adjusted PS Ratio: 1.13 (As of Aug. 29, 2026) — 14% Above Median

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Founder & CEO of GuruFocus
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TSXV:XX Avante Corp TSXV:XX
58 GF Score
Price C$1.70
GF Value C$1.27
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Avante Cyclically Adjusted PS Ratio?

Avante TSXV:XX 58 Cyclically Adjusted PS Ratio is 1.13 as of Aug. 29, 2026, which is 14% above its 10-year median of 0.99. GuruFocus rates TSXV:XX with a GF Score™ of 58/100 and a GF Value™ of C$1.27 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 720 Business Services companies, Avante ranks worse than 57.08% on this metric.

As of today (2026-08-29), Avante's current share price is C$1.70. Avante's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$1.50. Avante's Cyclically Adjusted PS Ratio for today is 1.13.

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

TSXV:XX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.99   Max: 2.8
Current: 1.13

During the past years, Avante's highest Cyclically Adjusted PS Ratio was 2.80. The lowest was 0.45. And the median was 0.99.

TSXV:XX's Cyclically Adjusted PS Ratio is ranked worse than
57.08% of 720 companies
in the Business Services industry
Industry Median: 0.87 vs TSXV:XX: 1.13

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.

Avante's adjusted revenue per share data for the three months ended in Mar. 2026 was C$0.394. 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$1.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avante  (TSXV:XX) 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.


Avante Cyclically Adjusted PS Ratio Related Terms


Avante Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Avante'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.

Avante Cyclically Adjusted PS Ratio Chart

Avante 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 0.74 0.74 0.66 0.67 0.97

Avante 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 0.67 0.58 0.60 0.78 0.97

TSXV:XX vs ALLE, MSA, ADT: Cyclically Adjusted PS Ratio Comparison

For the Security & Protection Services subindustry, Avante'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.


Avante Cyclically Adjusted PS Ratio vs Business Services Industry

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

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


TSXV:XX
58GF Score
Avante Corp TSXV:XX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avante 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.70/1.50
=1.13

* 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.

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

For example, Avante'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)
=0.394/132.2623*132.2623
=0.394

Current CPI (Mar. 2026) = 132.2623.

Avante Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.289 102.002 0.375
201609 0.306 101.765 0.398
201612 0.354 101.449 0.462
201703 0.330 102.634 0.425
201706 0.329 103.029 0.422
201709 0.340 103.345 0.435
201712 0.368 103.345 0.471
201803 0.392 105.004 0.494
201806 0.324 105.557 0.406
201809 0.309 105.636 0.387
201812 0.463 105.399 0.581
201903 0.511 106.979 0.632
201906 0.543 107.690 0.667
201909 0.482 107.611 0.592
201912 0.597 107.769 0.733
202003 0.804 107.927 0.985
202006 0.859 108.401 1.048
202009 1.114 108.164 1.362
202012 1.189 108.559 1.449
202103 -2.353 110.298 -2.822
202106 0.190 111.720 0.225
202109 0.209 112.905 0.245
202112 0.224 113.774 0.260
202203 0.208 117.646 0.234
202206 0.172 120.806 0.188
202209 0.186 120.648 0.204
202212 0.192 120.964 0.210
202303 0.203 122.702 0.219
202306 0.204 124.203 0.217
202309 0.201 125.230 0.212
202312 0.261 125.072 0.276
202403 0.272 126.258 0.285
202406 0.297 127.522 0.308
202409 0.304 127.285 0.316
202412 0.316 127.364 0.328
202503 0.351 129.181 0.359
202506 0.328 129.892 0.334
202509 0.333 130.287 0.338
202512 0.341 130.366 0.346
202603 0.394 132.262 0.394

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 1.13 mean?
Avante (TSXV:XX) has a Cyclically Adjusted PS Ratio of 1.13 as of Aug. 29, 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 Avante and its competitors. This is 14% above median its historical median of 0.99. Over the past decade, Avante's Cyclically Adjusted PS Ratio has ranged from 0.45 to 2.80. According to the industry distribution chart, Avante ranks #411 out of 720 companies in the Business Services industry, placing it in the top 57.1%.
Is Avante's Cyclically Adjusted PS Ratio too high?
Avante's current Cyclically Adjusted PS Ratio of 1.13 is 14% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.80. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. Avante's value of 1.13 is 29.9% above this industry median. Based on the distribution chart, Avante ranks #411 out of 720 companies in the Business Services industry, which is below the industry midpoint. Overall, Avante has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avante's Cyclically Adjusted PS Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Avante ranks #411 out of 720 companies for Cyclically Adjusted PS Ratio. This places Avante in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.87. Avante's value of 1.13 is 29.9% above this benchmark. Historically, Avante's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 2.80 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.87, Avante 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 0.87, based on 720 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. Avante's current Cyclically Adjusted PS Ratio of 1.13 is 29.9% 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 Avante and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avante's current Cyclically Adjusted PS Ratio is 1.13, which is 14% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avante stock overvalued right now?
Based on GuruFocus' analysis, Avante (TSXV:XX) is currently considered Significantly Overvalued. The stock's GF Value™ is C$1.27, compared to a current price of C$1.70 — trading 33.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.13, which is 14% above median its 10-year median of 0.99 and 29.9% above the Business Services industry median of 0.87. Avante's overall GF Score™ is 58/100 with 5 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 Avante (TSXV:XX), the current Cyclically Adjusted PS Ratio is 1.13 as of Aug. 29, 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 Avante (TSXV:XX) Overvalued in 2026?

Based on GuruFocus' analysis, Avante stock appears to be overvalued. The current stock price of C$1.70 is trading 33.9% above its estimated GF Value™ of C$1.27. GuruFocus considers Avante to be Significantly Overvalued.

Key valuation signals for TSXV:XX:

  • Cyclically Adjusted PS Ratio: 1.13 (14% above median its 10-year median of 0.99)
  • GF Value™: C$1.27 vs. price of C$1.70 (33.9% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 29.9% above the Business Services median (#411 of 720)

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


Avante Business Description

Address 1959 Leslie Street, Toronto, ON, CAN, M3B 2M3
Avante Corp is engaged in the provision of security, monitoring, system integration, and technology solutions. Its reportable segments are Avante Security and NSSG. The majority of its revenue is derived from the Avante Security segment, which provides premium security services for residential customers in Toronto and Muskoka, Ontario. Avante Security's business provides a complete offering ranging from system design, sales, installations, and monitoring to services such as alarm response and patrols, personal protection, house staff training, and secure transportation. Geographically, the company generates maximum revenue from Canada, and the rest from the USA, Egypt, Ukraine, Germany, and other markets.
58GF Score

Get the complete analysis for TSXV:XX

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

C$1.70
Price
C$1.27
GF Value