Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.
Per Aarsleff Holding AS (FRA:PE9) Volatility Explanation
Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.
Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.
Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Per Aarsleff Holding AS Volatility Related Terms
FRA:PE9 vs PWR, FIX, EME: Volatility Comparison
For the Engineering & Construction subindustry, Per Aarsleff Holding AS's Volatility, along with its competitors' market caps and Volatility 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.
Per Aarsleff Holding AS Volatility vs Construction Industry
For the Construction industry and Industrials sector, Per Aarsleff Holding AS's Volatility distribution charts can be found below:
* The bar in red indicates where Per Aarsleff Holding AS's Volatility falls into.
Per Aarsleff Holding AS (FRA:PE9) Volatility Calculation
The annualized volatility is calculated as following:
σA
=
σM
*
√12
=
√ 1/(n-1) ∑(Ri - R')^2
*
√12
Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.
* 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.
Per Aarsleff Holding AS (FRA:PE9) has a Volatility of 32.52% as of Jun. 27, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Per Aarsleff Holding AS and its competitors.
Is Per Aarsleff Holding AS's Volatility too high?
Per Aarsleff Holding AS's current Volatility is 32.52%. Overall, Per Aarsleff Holding AS has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Per Aarsleff Holding AS's Volatility compare to PWR and FIX?
Per Aarsleff Holding AS's Volatility of 32.52% 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 Volatility for a Construction company?
A good Volatility depends on the Construction industry context. However, Volatility 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 Volatility mean?
A high Volatility can signal that a stock is expensive relative to its fundamentals. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Per Aarsleff Holding AS and its competitors. Per Aarsleff Holding AS's current Volatility is 32.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Per Aarsleff Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Per Aarsleff Holding AS (FRA:PE9) is currently considered Significantly Overvalued. The stock's GF Value™ is €67.53, compared to a current price of €102.60 — trading 51.9% above its estimated fair value. The current Volatility is 32.52%. Per Aarsleff Holding AS's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Volatility calculated?
Volatility is calculated from a company's financial statements. For Per Aarsleff Holding AS (FRA:PE9), the current Volatility is 32.52% as of Jun. 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 Per Aarsleff Holding AS (FRA:PE9) Overvalued in 2026?
Based on GuruFocus' analysis, Per Aarsleff Holding AS stock appears to be overvalued.
The current stock price of €102.60 is trading 51.9% above its estimated GF Value™ of €67.53.
GuruFocus considers Per Aarsleff Holding AS to be Significantly Overvalued.
Key valuation signals for FRA:PE9:
Volatility: 32.52%
GF Value™: €67.53 vs. price of €102.60 (51.9% above fair value)
No single metric tells the full story. See the FRA:PE9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Per Aarsleff Holding AS is a Denmark-based holding company specializing in infrastructure and construction services. It has Construction, Pipe technologies, Technical Solutions, Rail, and Ground engineering segments. The construction segment consists of construction, shell structures, building construction and international projects. The pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. The ground engineering segment comprises ground engineering, pile factories, and engineering. The rail segment comprises train station services, service center operations, and maintenance projects. It derives maximum revenue from the Construction segment. Geographically, the company has a business presence in Denmark and other countries.
84GF Score
Get the complete analysis for FRA:PE9
Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:PE9 has been successfully added to your 