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Gibraltar Industries (Gibraltar Industries) Cyclically Adjusted PB Ratio : 3.21 (As of May. 16, 2024)


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What is Gibraltar Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Gibraltar Industries's current share price is $74.26. Gibraltar Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $23.13. Gibraltar Industries's Cyclically Adjusted PB Ratio for today is 3.21.

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

ROCK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 2.2   Max: 5.52
Current: 3.26

During the past years, Gibraltar Industries's highest Cyclically Adjusted PB Ratio was 5.52. The lowest was 0.70. And the median was 2.20.

ROCK's Cyclically Adjusted PB Ratio is ranked worse than
84.38% of 1191 companies
in the Construction industry
Industry Median: 1.11 vs ROCK: 3.26

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.

Gibraltar Industries's adjusted book value per share data for the three months ended in Mar. 2024 was $30.856. 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 $23.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gibraltar Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gibraltar Industries'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.

Gibraltar Industries Cyclically Adjusted PB Ratio Chart

Gibraltar Industries 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 2.96 4.10 3.43 2.15 3.46

Gibraltar Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.22 2.83 2.98 3.46 3.48

Competitive Comparison of Gibraltar Industries's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Gibraltar Industries'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.


Gibraltar Industries's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Gibraltar Industries 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.

Gibraltar Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.26/23.13
=3.21

* 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.

Gibraltar Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gibraltar Industries's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=30.856/131.7762*131.7762
=30.856

Current CPI (Mar. 2024) = 131.7762.

Gibraltar Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.467 100.560 20.268
201409 15.726 100.428 20.635
201412 12.526 99.070 16.661
201503 12.580 99.621 16.640
201506 12.801 100.684 16.754
201509 13.168 100.392 17.285
201512 13.104 99.792 17.304
201603 13.437 100.470 17.624
201606 14.305 101.688 18.538
201609 14.900 101.861 19.276
201612 14.606 101.863 18.895
201703 14.765 102.862 18.915
201706 15.250 103.349 19.445
201709 15.951 104.136 20.185
201712 16.764 104.011 21.239
201803 17.065 105.290 21.358
201806 17.535 106.317 21.734
201809 18.178 106.507 22.491
201812 18.594 105.998 23.116
201903 18.832 107.251 23.138
201906 19.019 108.070 23.191
201909 20.374 108.329 24.784
201912 20.875 108.420 25.372
202003 20.905 108.902 25.296
202006 21.893 108.767 26.524
202009 22.960 109.815 27.552
202012 22.858 109.897 27.409
202103 23.243 111.754 27.407
202106 24.134 114.631 27.744
202109 24.929 115.734 28.384
202112 25.243 117.630 28.279
202203 24.679 121.301 26.810
202206 25.851 125.017 27.249
202209 26.774 125.227 28.174
202212 26.639 125.222 28.033
202303 27.159 127.348 28.103
202306 27.949 128.729 28.611
202309 29.237 129.860 29.669
202312 30.058 129.419 30.605
202403 30.856 131.776 30.856

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.


Gibraltar Industries  (NAS:ROCK) 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.


Gibraltar Industries Cyclically Adjusted PB Ratio Related Terms

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


Gibraltar Industries (Gibraltar Industries) Business Description

Traded in Other Exchanges
Address
3556 Lake Shore Road, P.O. Box 2028, Buffalo, NY, USA, 14219-0228
Gibraltar Industries Inc is a manufacturer and provider of products and services for the Renewable energy, Residential, Agtech and Infrastructure markets. Renewables Segment is engaged in the design, engineering, manufacturing and installation of solar racking and electrical balance of systems. Agtech Segment provides growing and processing solutions including the designing, engineering, manufacturing, full-scope construction, maintenance and support of greenhouses and indoor growing operations, and botanical extraction systems. It derives key revenue from the Residential segment which offers roof and foundation ventilation products, single point and centralized mail systems and electronic package solutions and Retractable awnings and gutter guards, among other products.
Executives
James B Nish director 3556 LAKESHORE RD., BLASDELL NY 14219
Janet Anne Catlett officer: VP, CHRO 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Linda Kristine Myers director 3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Katherine Bolanowski officer: General Counsel, VP, Secretary 3556 LAKE SHORE ROAD, BUFFALO NY 14219
Patrick Burns officer: Chief Operating Officer 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Jeffrey J. Watorek officer: VP, Treasurer, Secretary 3556 LAKESHORE ROAD, BLASDELL NY 14219
Elizabeth Jensen officer: Chief Human Resources Officer 5928 HIGHLAND HILLS CIRCLE, FORT COLLINS CO 80528
Gwendolyn G Mizell director 800 S HANLEY SUITE 8D, CLAYTON MO 63105
Manish H Shah director 9618 BOUCHAINE PASS, BRENTWOOD TN 37027
Mark G Barberio director 19 WIK STREET, WILLIAMSVILLE NY 14221
Vinod M Khilnani director 905 WEST BLVD NORTH, ELKHART IN 46514
Sharon M Brady director 3600 W. LAKE AVENUE, GLENVIEW IL 60026
William P Montague director
Atlee Valentine Pope director 3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Craig A Hindman director ILLINOIS TOOL WORKS INC., 3600 WEST LAKE AVENUE, GLENVIEW IL 60026