Institut IGH DD (ZAG:IGH) Cyclically Adjusted PS Ratio: 0.29 (As of Jul. 27, 2026) — 22% Below Median

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ZAG:IGH Institut IGH DD ZAG:IGH
56 GF Score
Price €11.00
GF Value €12.54
Valuation Fairly Valued
! 3 Warning Signs
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What is Institut IGH DD Cyclically Adjusted PS Ratio?

Institut IGH DD ZAG:IGH 56 Cyclically Adjusted PS Ratio is 0.29 as of Jul. 27, 2026, which is 22% below its 10-year median of 0.37. GuruFocus rates ZAG:IGH with a GF Score™ of 56/100 and a GF Value™ of €12.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,357 Construction companies, Institut IGH DD ranks better than 75.17% on this metric.

As of today (2026-07-27), Institut IGH DD's current share price is €11.00. Institut IGH DD's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €38.43. Institut IGH DD's Cyclically Adjusted PS Ratio for today is 0.29.

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

ZAG:IGH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.37   Max: 1.97
Current: 0.3

During the past years, Institut IGH DD's highest Cyclically Adjusted PS Ratio was 1.97. The lowest was 0.15. And the median was 0.37.

ZAG:IGH's Cyclically Adjusted PS Ratio is ranked better than
75.17% of 1357 companies
in the Construction industry
Industry Median: 0.7 vs ZAG:IGH: 0.30

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.

Institut IGH DD's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.540. 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 €38.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Institut IGH DD  (ZAG:IGH) 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.


Institut IGH DD Cyclically Adjusted PS Ratio Related Terms


Institut IGH DD Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Institut IGH DD'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.

Institut IGH DD Cyclically Adjusted PS Ratio Chart

Institut IGH DD 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 1.60 1.39 0.21 0.36 0.33

Institut IGH DD 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 0.49 0.39 0.36 0.33 0.29

ZAG:IGH vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Institut IGH DD'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.


Institut IGH DD Cyclically Adjusted PS Ratio vs Construction Industry

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

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


ZAG:IGH
56GF Score
Institut IGH DD ZAG:IGH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Institut IGH DD 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.

Institut IGH DD's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.00/38.43
=0.29

* 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.

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

For example, Institut IGH DD'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)
=2.54/330.2130*330.2130
=2.540

Current CPI (Mar. 2026) = 330.2130.

Institut IGH DD Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.791 241.018 10.674
201609 9.024 241.428 12.343
201612 12.261 241.432 16.770
201703 9.899 243.801 13.408
201706 11.532 244.955 15.546
201709 14.919 246.819 19.960
201712 11.959 246.524 16.019
201803 9.498 249.554 12.568
201806 11.161 251.989 14.626
201809 10.026 252.439 13.115
201812 10.715 251.233 14.083
201903 8.718 254.202 11.325
201906 10.818 256.143 13.946
201909 8.871 256.759 11.409
201912 12.143 256.974 15.604
202003 9.660 258.115 12.358
202006 8.530 257.797 10.926
202009 8.983 260.280 11.397
202012 8.548 260.474 10.837
202103 8.897 264.877 11.092
202106 8.578 271.696 10.426
202109 9.694 274.310 11.670
202112 9.482 278.802 11.230
202203 9.107 287.504 10.460
202206 9.330 296.311 10.397
202209 7.484 296.808 8.326
202212 7.183 296.797 7.992
202303 6.211 301.836 6.795
202306 7.008 305.109 7.585
202309 2.578 307.789 2.766
202312 2.578 306.746 2.775
202403 2.561 312.332 2.708
202406 3.586 314.175 3.769
202409 2.736 315.301 2.865
202412 2.749 315.605 2.876
202503 2.222 319.799 2.294
202506 3.637 322.561 3.723
202509 2.085 324.800 2.120
202512 2.912 324.054 2.967
202603 2.540 330.213 2.540

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 0.29 mean?
Institut IGH DD (ZAG:IGH) has a Cyclically Adjusted PS Ratio of 0.29 as of Jul. 27, 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 Institut IGH DD and its competitors. This is 22% below median its historical median of 0.37. Over the past decade, Institut IGH DD's Cyclically Adjusted PS Ratio has ranged from 0.15 to 1.97. According to the industry distribution chart, Institut IGH DD ranks #337 out of 1357 companies in the Construction industry, placing it in the top 24.8%.
Is Institut IGH DD's Cyclically Adjusted PS Ratio too high?
Institut IGH DD's current Cyclically Adjusted PS Ratio of 0.29 is 22% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.97. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Institut IGH DD's value of 0.29 is 58.6% below this industry median. Based on the distribution chart, Institut IGH DD ranks #337 out of 1357 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Institut IGH DD has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Institut IGH DD's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Institut IGH DD ranks #337 out of 1357 companies for Cyclically Adjusted PS Ratio. This places Institut IGH DD in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.70. Institut IGH DD's value of 0.29 is 58.6% below this benchmark. Historically, Institut IGH DD's own Cyclically Adjusted PS Ratio has ranged from 0.15 to 1.97 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.70, Institut IGH DD 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 a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,357 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. Institut IGH DD's current Cyclically Adjusted PS Ratio of 0.29 is 58.6% 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 Institut IGH DD and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Institut IGH DD's current Cyclically Adjusted PS Ratio is 0.29, which is 22% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Institut IGH DD stock overvalued right now?
Based on GuruFocus' analysis, Institut IGH DD (ZAG:IGH) is currently considered Fairly Valued. The stock's GF Value™ is €12.54, compared to a current price of €11.00 — trading 12.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.29, which is 22% below median its 10-year median of 0.37 and 58.6% below the Construction industry median of 0.70. Institut IGH DD's overall GF Score™ is 56/100 with 3 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 Institut IGH DD (ZAG:IGH), the current Cyclically Adjusted PS Ratio is 0.29 as of Jul. 27, 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 Institut IGH DD (ZAG:IGH) Overvalued in 2026?

Based on GuruFocus' analysis, Institut IGH DD stock appears to be undervalued. The current stock price of €11.00 is trading 12.3% below its estimated GF Value™ of €12.54. GuruFocus considers Institut IGH DD to be Fairly Valued.

Key valuation signals for ZAG:IGH:

  • Cyclically Adjusted PS Ratio: 0.29 (22% below median its 10-year median of 0.37)
  • GF Value™: €12.54 vs. price of €11.00 (12.3% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 58.6% below the Construction median (#337 of 1357)

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


Institut IGH DD Business Description

Address Janka Rakuse 1, Zagreb, HRV, 10000
Institut IGH DD is a consulting company for engineering services in the field of construction in Croatia and the region, providing support to infrastructure and investment projects and solutions in the field of construction in Croatia and international markets. Its services are management of holding companies, architectural and engineering activities, technical consulting, improvement of regulations in the field of construction, improvement of development programs and construction technologies, and protection, preservation, and improvement of space. Its segments include Department of Design, the Department of Professional Supervision and Project Management generate maximum revenue, Department of Materials and Structures, Branches, and Management and Support Services.
56GF Score

Get the complete analysis for ZAG:IGH

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

€11.00
Price
€12.54
GF Value