STRABAG SE (XTER:XD4) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

XTER:XD4 STRABAG SE XTER:XD4
69 GF Score
Price €106.20
GF Value €56.98
Valuation Significantly Overvalued
! 6 Warning Signs
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What is STRABAG SE Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


STRABAG SE  (XTER:XD4) 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.


STRABAG SE Cyclically Adjusted PS Ratio Related Terms


STRABAG SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for STRABAG SE'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.

STRABAG SE Cyclically Adjusted PS Ratio Chart

STRABAG SE 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 0.25 0.24 0.24 0.23 0.45

STRABAG SE Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.22 0.23 0.45 0.45 0.48

XTER:XD4 vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, STRABAG SE'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.


STRABAG SE Cyclically Adjusted PS Ratio vs Construction Industry

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

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


XTER:XD4
69GF Score
STRABAG SE XTER:XD4
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

STRABAG SE 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.

STRABAG SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, STRABAG SE's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=162.109/140.3500*140.3500
=162.109

Current CPI (Dec25) = 140.3500.

STRABAG SE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 120.862 102.092 166.155
201712 131.664 104.291 177.187
201812 148.361 106.291 195.900
201912 152.715 108.091 198.292
202012 143.760 109.321 184.564
202112 149.109 113.971 183.621
202212 165.944 125.541 185.519
202312 176.982 132.570 187.369
202412 155.575 135.273 161.414
202512 162.109 140.350 162.109

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 STRABAG SE (XTER:XD4) Overvalued in 2026?

Based on GuruFocus' analysis, STRABAG SE stock appears to be overvalued. The current stock price of €106.20 is trading 86.4% above its estimated GF Value™ of €56.98. GuruFocus considers STRABAG SE to be Significantly Overvalued.

Key valuation signals for XTER:XD4:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €56.98 vs. price of €106.20 (86.4% above fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the XTER:XD4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


STRABAG SE Business Description

Address Triglavstrasse 9, Villach, AUT, 9500
STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Its activities span all areas of the construction industry and cover the entire construction value chain. It has four operating segments: North and West; South and East; International and Special divisions; and Other. It builds large transportation infrastructure, plants, commercial and industrial facilities, and other large structures related to industrial development. The company generates revenue in Germany, Austria, the Rest of Europe, and the Rest of world of which majority of revenue comes from Germany.
69GF Score

Get the complete analysis for XTER:XD4

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

€106.20
Price
€56.98
GF Value