Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Shiller PE Ratio: 36.95 (As of Sep. 08, 2026) — 108% Above Median

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.

FRA:AXF1 Construcciones y Auxiliar de Ferrocarriles SA FRA:AXF1
90 GF Score
Price €73.90
GF Value €44.92
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Construcciones y Auxiliar de Ferrocarriles Shiller PE Ratio?

Construcciones y Auxiliar de Ferrocarriles FRA:AXF1 +0.96% 90 Shiller PE Ratio is 36.95 as of Sep. 08, 2026, which is 108% above its 10-year median of 17.74. GuruFocus rates FRA:AXF1 with a GF Score™ of 90/100 and a GF Value™ of €44.92 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 595 Transportation companies, Construcciones y Auxiliar de Ferrocarriles ranks worse than 83.19% on this metric.

As of today (2026-09-08), Construcciones y Auxiliar de Ferrocarriles's current share price is €73.90. Construcciones y Auxiliar de Ferrocarriles's E10 for the fiscal year that ended in Dec25 was €2.00. Construcciones y Auxiliar de Ferrocarriles's Shiller PE Ratio for today is 36.95.

The historical rank and industry rank for Construcciones y Auxiliar de Ferrocarriles's Shiller PE Ratio or its related term are showing as below:

FRA:AXF1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.67   Med: 17.74   Max: 36.78
Current: 36.78

During the past 13 years, Construcciones y Auxiliar de Ferrocarriles's highest Shiller PE Ratio was 36.78. The lowest was 11.67. And the median was 17.74.

FRA:AXF1's Shiller PE Ratio is ranked worse than
83.19% of 595 companies
in the Transportation industry
Industry Median: 18.37 vs FRA:AXF1: 36.78

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.

Construcciones y Auxiliar de Ferrocarriles's adjusted earnings per share data of for the fiscal year that ended in Dec25 was €4.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.00 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Construcciones y Auxiliar de Ferrocarriles  (FRA:AXF1) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Construcciones y Auxiliar de Ferrocarriles Shiller PE Ratio Related Terms


Construcciones y Auxiliar de Ferrocarriles Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Construcciones y Auxiliar de Ferrocarriles's Shiller PE 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.

Construcciones y Auxiliar de Ferrocarriles Shiller PE Ratio Chart

Construcciones y Auxiliar de Ferrocarriles Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.90 16.76 20.70 20.50 29.04

Construcciones y Auxiliar de Ferrocarriles Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Shiller PE 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 0.00 20.50 0.00 29.04 0.00

FRA:AXF1 vs UNP, CSX, NSC: Shiller PE Ratio Comparison

For the Railroads subindustry, Construcciones y Auxiliar de Ferrocarriles's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Construcciones y Auxiliar de Ferrocarriles Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Construcciones y Auxiliar de Ferrocarriles's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Construcciones y Auxiliar de Ferrocarriles's Shiller PE Ratio falls into.


FRA:AXF1
90GF Score
Construcciones y Auxiliar de Ferrocarriles SA FRA:AXF1
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Construcciones y Auxiliar de Ferrocarriles Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Construcciones y Auxiliar de Ferrocarriles's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=73.90/2.00
=36.95

* 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.

Construcciones y Auxiliar de Ferrocarriles's E10 for the fiscal year that ended in Dec25 is calculated as:

For example, Construcciones y Auxiliar de Ferrocarriles's adjusted earnings per share data for the fiscal year that ended in Dec25 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec25 (Change)*Current CPI (Dec25)
=4.27/128.4000*128.4000
=4.270

Current CPI (Dec25) = 128.4000.

Construcciones y Auxiliar de Ferrocarriles Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201612 1.020 101.842 1.286
201712 1.240 102.975 1.546
201812 1.270 104.193 1.565
201912 0.720 105.015 0.880
202012 0.260 104.456 0.320
202112 2.510 111.298 2.896
202212 1.520 117.650 1.659
202312 2.600 121.300 2.752
202412 3.020 124.753 3.108
202512 4.270 128.400 4.270

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 36.95 mean?
Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) has a Shiller PE Ratio of 36.95 as of Sep. 08, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Construcciones y Auxiliar de Ferrocarriles and its competitors. This is 108% above median its historical median of 17.74. Over the past decade, Construcciones y Auxiliar de Ferrocarriles' Shiller PE Ratio has ranged from 11.67 to 36.78. According to the industry distribution chart, Construcciones y Auxiliar de Ferrocarriles ranks #495 out of 595 companies in the Transportation industry, placing it in the top 83.2%.
Is Construcciones y Auxiliar de Ferrocarriles' Shiller PE Ratio too high?
Construcciones y Auxiliar de Ferrocarriles' current Shiller PE Ratio of 36.95 is 108% above median its 10-year median of 17.74. Over the past 10 years, this metric has ranged from a low of 11.67 to a high of 36.78. The Transportation industry median Shiller PE Ratio is 18.37. Construcciones y Auxiliar de Ferrocarriles' value of 36.95 is 101.1% above this industry median. Based on the distribution chart, Construcciones y Auxiliar de Ferrocarriles ranks #495 out of 595 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Construcciones y Auxiliar de Ferrocarriles has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construcciones y Auxiliar de Ferrocarriles' Shiller PE Ratio compare to UNP and CSX?
According to the Transportation industry distribution chart, Construcciones y Auxiliar de Ferrocarriles ranks #495 out of 595 companies for Shiller PE Ratio. This places Construcciones y Auxiliar de Ferrocarriles in the lower half of its industry. The industry median Shiller PE Ratio is 18.37. Construcciones y Auxiliar de Ferrocarriles' value of 36.95 is 101.1% above this benchmark. Historically, Construcciones y Auxiliar de Ferrocarriles' own Shiller PE Ratio has ranged from 11.67 to 36.78 over the past decade. While the company's 10-year median is 17.74 vs. the industry median of 18.37, Construcciones y Auxiliar de Ferrocarriles 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 Shiller PE Ratio for a Transportation company?
The median Shiller PE Ratio among Transportation companies is 18.37, based on 595 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Construcciones y Auxiliar de Ferrocarriles's current Shiller PE Ratio of 36.95 is 101.1% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Construcciones y Auxiliar de Ferrocarriles and its competitors. For the Transportation industry, the median Shiller PE Ratio is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construcciones y Auxiliar de Ferrocarriles's current Shiller PE Ratio is 36.95, which is 108% above median its own 10-year median of 17.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construcciones y Auxiliar de Ferrocarriles stock overvalued right now?
Based on GuruFocus' analysis, Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) is currently considered Significantly Overvalued. The stock's GF Value™ is €44.92, compared to a current price of €73.90 — trading 64.5% above its estimated fair value. The current Shiller PE Ratio is 36.95, which is 108% above median its 10-year median of 17.74 and 101.1% above the Transportation industry median of 18.37. Construcciones y Auxiliar de Ferrocarriles' overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1), the current Shiller PE Ratio is 36.95 as of Sep. 08, 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 Construcciones y Auxiliar de Ferrocarriles (FRA:AXF1) Overvalued in 2026?

Based on GuruFocus' analysis, Construcciones y Auxiliar de Ferrocarriles stock appears to be overvalued. The current stock price of €73.90 is trading 64.5% above its estimated GF Value™ of €44.92. GuruFocus considers Construcciones y Auxiliar de Ferrocarriles to be Significantly Overvalued.

Key valuation signals for FRA:AXF1:

  • Shiller PE Ratio: 36.95 (108% above median its 10-year median of 17.74)
  • GF Value™: €44.92 vs. price of €73.90 (64.5% above fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 101.1% above the Transportation median (#495 of 595)

No single metric tells the full story. See the FRA:AXF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Construcciones y Auxiliar de Ferrocarriles Business Description

Address Jose Miguel Iturrioz, 26, Guipuzcoa, Beasain, ESP, 20200
Construcciones y Auxiliar de Ferrocarriles SA is a Spain-based company that offers comprehensive railway solutions. The company's train-related products comprise high-speed rolling stock, wheelsets, traction and communication systems, signaling systems, and related services including vehicle maintenance, vehicle upgrading and refurbishment, and aftersales technical supports. In addition to supplying train-related products, the company also helps customers conduct viability studies, civil work, electrification projects, and system operation. The company operates under concession or turnkey models. Construcciones y Auxiliar de Ferrocarriles has a global presence, with Europe and Brazil being the two largest markets.
90GF Score

Get the complete analysis for FRA:AXF1

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

€73.90
Price
€44.92
GF Value