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Bouygues (Bouygues) Cyclically Adjusted PB Ratio : 1.22 (As of Apr. 29, 2024)


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What is Bouygues Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Bouygues's current share price is $40.00. Bouygues's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $32.82. Bouygues's Cyclically Adjusted PB Ratio for today is 1.22.

The historical rank and industry rank for Bouygues's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOUYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.29   Max: 1.85
Current: 1.25

During the past years, Bouygues's highest Cyclically Adjusted PB Ratio was 1.85. The lowest was 0.96. And the median was 1.29.

BOUYF's Cyclically Adjusted PB Ratio is ranked worse than
55.32% of 1146 companies
in the Construction industry
Industry Median: 1.105 vs BOUYF: 1.25

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Bouygues's adjusted book value per share data for the three months ended in Dec. 2023 was $35.782. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $32.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bouygues Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bouygues's Cyclically Adjusted PB 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.

* Premium members only.

Bouygues Cyclically Adjusted PB Ratio Chart

Bouygues Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.32 1.21 1.01 1.18

Bouygues Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB 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 1.01 1.09 1.07 1.15 1.18

Competitive Comparison of Bouygues's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Bouygues's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Bouygues's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

* The bar in red indicates where Bouygues's Cyclically Adjusted PB Ratio falls into.



Bouygues Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Bouygues's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.00/32.82
=1.22

* 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.

Bouygues's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bouygues's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=35.782/118.2300*118.2300
=35.782

Current CPI (Dec. 2023) = 118.2300.

Bouygues Quarterly Data

Book Value per Share CPI Adj_Book
201403 32.024 100.240 37.771
201406 29.992 100.180 35.396
201409 29.759 99.920 35.212
201412 28.815 99.860 34.116
201503 24.770 100.170 29.236
201506 24.279 100.440 28.579
201509 25.014 99.950 29.589
201512 24.824 100.040 29.338
201603 24.350 100.020 28.783
201606 23.309 100.630 27.386
201609 24.345 100.340 28.686
201612 24.195 100.650 28.421
201703 24.495 101.170 28.626
201706 24.792 101.320 28.930
201709 27.719 101.330 32.342
201712 29.218 101.850 33.917
201803 30.238 102.750 34.794
201806 27.507 103.370 31.461
201809 28.681 103.560 32.744
201812 29.497 103.470 33.705
201903 29.115 103.890 33.134
201906 27.977 104.580 31.629
201909 29.086 104.500 32.908
201912 30.438 104.980 34.280
202003 29.533 104.590 33.385
202006 29.795 104.790 33.616
202009 30.579 104.550 34.580
202012 33.234 104.960 37.436
202103 32.789 105.750 36.659
202106 32.456 106.340 36.085
202109 32.851 106.810 36.363
202112 33.161 107.850 36.353
202203 32.950 110.490 35.258
202206 31.815 112.550 33.421
202209 31.531 112.740 33.066
202212 34.753 114.160 35.992
202303 34.652 116.790 35.079
202306 33.990 117.650 34.158
202309 34.433 118.260 34.424
202312 35.782 118.230 35.782

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Bouygues  (OTCPK:BOUYF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Bouygues Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bouygues's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bouygues (Bouygues) Business Description

Industry
Traded in Other Exchanges
Address
32 avenue Hoche, Paris, FRA, 75008
Bouygues is a French conglomerate made up of a disparate range of assets: a construction business, a TV business, and a telecom business. It is one of the biggest construction companies in France and Europe with construction sales of around EUR 25 billion-EUR 30 billion and one of the four telecom operators in France, with both mobile and fixed operations and EUR 6 billion in revenue. It is also the owner of TF1, one of the main media and TV companies in France.

Bouygues (Bouygues) Headlines

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