Aecon Group (TSX:ARE) Cyclically Adjusted Revenue per Share: C$0.00 (As of Jun. 2026)

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TSX:ARE Aecon Group Inc TSX:ARE
72 GF Score
Price C$45.23
GF Value C$26.18
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Aecon Group Cyclically Adjusted Revenue per Share?

Aecon Group TSX:ARE +1.00% 72 Cyclically Adjusted Revenue per Share is C$0.00 as of Jun. 2026. GuruFocus rates TSX:ARE with a GF Score™ of 72/100 and a GF Value™ of C$26.18 (Significantly Overvalued). The stock has 5 warning signs 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.

Aecon Group's adjusted revenue per share for the three months ended in Jun. 2026 was C$22.801. 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 C$0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Aecon Group's average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 4.90% 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 Aecon Group was 7.40% per year. The lowest was -5.20% per year. And the median was 2.30% per year.

As of today (2026-08-04), Aecon Group's current stock price is C$45.23. Aecon Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was C$0.00. Aecon Group's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aecon Group was 0.86. The lowest was 0.17. And the median was 0.40.


Aecon Group  (TSX:ARE) 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Aecon Group was 0.86. The lowest was 0.17. And the median was 0.40.


Be Aware

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


Aecon Group Cyclically Adjusted Revenue per Share Related Terms


Aecon Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Aecon Group'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.

Aecon Group Cyclically Adjusted Revenue per Share Chart

Aecon Group 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 46.09 50.35 52.74 56.25 60.99

Aecon Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 59.00 60.10 60.99 62.51 0.00

TSX:ARE vs PWR, FIX, EME: Cyclically Adjusted Revenue per Share Comparison

For the Engineering & Construction subindustry, Aecon Group'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.


Aecon Group Cyclically Adjusted PS Ratio vs Construction Industry

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

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


TSX:ARE
72GF Score
Aecon Group Inc TSX:ARE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aecon Group 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, Aecon Group's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=22.801/133.5265*133.5265
=22.801

Current CPI (Jun. 2026) = 133.5265.

Aecon Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 11.734 101.765 15.396
201612 11.647 101.449 15.330
201703 9.213 102.634 11.986
201706 9.293 103.029 12.044
201709 10.361 103.345 13.387
201712 9.851 103.345 12.728
201803 7.504 105.004 9.542
201806 10.085 105.557 12.757
201809 13.681 105.636 17.293
201812 12.821 105.399 16.242
201903 8.721 106.979 10.885
201906 11.655 107.690 14.451
201909 13.839 107.611 17.172
201912 12.633 107.769 15.652
202003 9.835 107.927 12.168
202006 10.190 108.401 12.552
202009 13.547 108.164 16.723
202012 14.482 108.559 17.813
202103 10.096 110.298 12.222
202106 13.045 111.720 15.591
202109 15.823 112.905 18.713
202112 14.906 113.774 17.494
202203 12.876 117.646 14.614
202206 14.396 120.806 15.912
202209 16.063 120.648 17.778
202212 15.651 120.964 17.276
202303 13.412 122.702 14.595
202306 14.380 124.203 15.459
202309 14.839 125.230 15.822
202312 14.001 125.072 14.947
202403 12.702 126.258 13.433
202406 12.819 127.522 13.423
202409 19.115 127.285 20.052
202412 19.911 127.364 20.874
202503 15.864 129.181 16.398
202506 19.462 129.892 20.007
202509 22.818 130.287 23.385
202512 24.336 130.366 24.926
202603 18.658 132.262 18.836
202606 22.801 133.527 22.801

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 C$0.00 mean?
Aecon Group (TSX:ARE) has a Cyclically Adjusted Revenue per Share of C$0.00 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Aecon Group and its competitors.
Is Aecon Group's Cyclically Adjusted Revenue per Share too high?
Aecon Group's current Cyclically Adjusted Revenue per Share is C$0.00. Overall, Aecon Group has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aecon Group's Cyclically Adjusted Revenue per Share compare to PWR and FIX?
Aecon Group's Cyclically Adjusted Revenue per Share of C$0.00 can be compared against companies in the Construction 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 a Construction company?
A good Cyclically Adjusted Revenue per Share depends on the Construction 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 Aecon Group and its competitors. Aecon Group's current Cyclically Adjusted Revenue per Share is C$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aecon Group stock overvalued right now?
Based on GuruFocus' analysis, Aecon Group (TSX:ARE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$26.18, compared to a current price of C$45.23 — trading 72.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$0.00. Aecon Group's overall GF Score™ is 72/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Aecon Group (TSX:ARE), the current Cyclically Adjusted Revenue per Share is C$0.00 as of Jun. 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 Aecon Group (TSX:ARE) Overvalued in 2026?

Based on GuruFocus' analysis, Aecon Group stock appears to be overvalued. The current stock price of C$45.23 is trading 72.8% above its estimated GF Value™ of C$26.18. GuruFocus considers Aecon Group to be Significantly Overvalued.

Key valuation signals for TSX:ARE:

  • Cyclically Adjusted Revenue per Share: C$0.00
  • GF Value™: C$26.18 vs. price of C$45.23 (72.8% above fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Aecon Group Business Description

Other Exchanges AEGXF:USA2AE:Germany
Address 20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects. Its concessions segment is engaged in the development, financing, construction, and operation of construction projects. The company generates the maximum revenue from the Construction segment.
72GF Score

Get the complete analysis for TSX:ARE

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

C$45.23
Price
C$26.18
GF Value