CECO Environmental (STU:WCE) Cyclically Adjusted Revenue per Share: €12.62 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

STU:WCE CECO Environmental Corp STU:WCE
78 GF Score
Price €70.20
GF Value €40.61
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is CECO Environmental Cyclically Adjusted Revenue per Share?

CECO Environmental STU:WCE +0.11% 78 Cyclically Adjusted Revenue per Share is €12.62 as of Mar. 2026. GuruFocus rates STU:WCE with a GF Score™ of 78/100 and a GF Value™ of €40.61 (Significantly Overvalued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

CECO Environmental's adjusted revenue per share for the three months ended in Mar. 2026 was €4.991. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €12.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CECO Environmental's average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of CECO Environmental was 49.80% per year. The lowest was -2.50% per year. And the median was 5.15% per year.

As of today (2026-07-20), CECO Environmental's current stock price is €70.20. CECO Environmental's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €12.62. CECO Environmental's Cyclically Adjusted PS Ratio of today is 5.56.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CECO Environmental was 6.68. The lowest was 0.37. And the median was 0.83.


CECO Environmental  (STU:WCE) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

CECO Environmental's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=70.20/12.62
=5.56

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of CECO Environmental was 6.68. The lowest was 0.37. And the median was 0.83.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


CECO Environmental Cyclically Adjusted Revenue per Share Related Terms


CECO Environmental Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for CECO Environmental's Cyclically Adjusted Revenue per Share 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.

CECO Environmental Cyclically Adjusted Revenue per Share Chart

CECO Environmental Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.90 11.23 11.70 12.46 12.20

CECO Environmental Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 12.69 12.08 11.70 12.20 12.62

STU:WCE vs ZWS, PCT, ERII: Cyclically Adjusted Revenue per Share Comparison

For the Pollution & Treatment Controls subindustry, CECO Environmental'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.


CECO Environmental Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, CECO Environmental's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STU:WCE
78GF Score
CECO Environmental Corp STU:WCE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CECO Environmental Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, CECO Environmental'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)
=4.991/330.2130*330.2130
=4.991

Current CPI (Mar. 2026) = 330.2130.

CECO Environmental Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.925 241.018 4.007
201609 2.635 241.428 3.604
201612 2.783 241.432 3.806
201703 2.506 243.801 3.394
201706 2.400 244.955 3.235
201709 2.059 246.819 2.755
201712 1.798 246.524 2.408
201803 1.736 249.554 2.297
201806 2.002 251.989 2.623
201809 2.175 252.439 2.845
201812 2.370 251.233 3.115
201903 2.153 254.202 2.797
201906 2.019 256.143 2.603
201909 2.173 256.759 2.795
201912 2.275 256.974 2.923
202003 2.058 258.115 2.633
202006 1.885 257.797 2.415
202009 1.859 260.280 2.358
202012 1.911 260.474 2.423
202103 1.688 264.877 2.104
202106 1.823 271.696 2.216
202109 1.916 274.310 2.306
202112 2.354 278.802 2.788
202203 2.384 287.504 2.738
202206 2.845 296.311 3.171
202209 3.140 296.808 3.493
202212 3.147 296.797 3.501
202303 2.987 301.836 3.268
202306 3.393 305.109 3.672
202309 3.965 307.789 4.254
202312 3.949 306.746 4.251
202403 3.213 312.332 3.397
202406 3.519 314.175 3.699
202409 3.346 315.301 3.504
202412 4.142 315.605 4.334
202503 4.455 319.799 4.600
202506 4.397 322.561 4.501
202509 4.625 324.800 4.702
202512 4.987 324.054 5.082
202603 4.991 330.213 4.991

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €12.62 mean?
CECO Environmental (STU:WCE) has a Cyclically Adjusted Revenue per Share of €12.62 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on CECO Environmental and its competitors.
Is CECO Environmental's Cyclically Adjusted Revenue per Share too high?
CECO Environmental's current Cyclically Adjusted Revenue per Share is €12.62. Overall, CECO Environmental has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CECO Environmental's Cyclically Adjusted Revenue per Share compare to ZWS and PCT?
CECO Environmental's Cyclically Adjusted Revenue per Share of €12.62 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on CECO Environmental and its competitors. CECO Environmental's current Cyclically Adjusted Revenue per Share is €12.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CECO Environmental stock overvalued right now?
Based on GuruFocus' analysis, CECO Environmental (STU:WCE) is currently considered Significantly Overvalued. The stock's GF Value™ is €40.61, compared to a current price of €70.20 — trading 72.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €12.62. CECO Environmental's overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For CECO Environmental (STU:WCE), the current Cyclically Adjusted Revenue per Share is €12.62 as of Mar. 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 CECO Environmental (STU:WCE) Overvalued in 2026?

Based on GuruFocus' analysis, CECO Environmental stock appears to be overvalued. The current stock price of €70.20 is trading 72.9% above its estimated GF Value™ of €40.61. GuruFocus considers CECO Environmental to be Significantly Overvalued.

Key valuation signals for STU:WCE:

  • Cyclically Adjusted Revenue per Share: €12.62
  • GF Value™: €40.61 vs. price of €70.20 (72.9% above fair value)
  • GF Score™: 78/100 with 1 warning sign

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


CECO Environmental Business Description

Other Exchanges CECO:USA
Address 5080 Spectrum Drive, Suite 800E, Addison, TX, USA, 75001
CECO Environmental Corp is an industrial company, serving industrial air, industrial water, and energy transition markets. It offers various engineered and configured products and solutions, including dampers and diverters, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, water treatment packages, industrial silencers, etc. These products are offered through brands like Western Airducts, WK, Wakefield Acoustics, Transcend, Verantis, and others. The company's reportable segments are: Engineered Systems, which derive maximum revenue, and Industrial Process Solutions. Geographically, it derives key revenue from the U.S., followed by the Netherlands, the UK, China, and other markets.
78GF Score

Get the complete analysis for STU:WCE

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

€70.20
Price
€40.61
GF Value