APOG (Apogee Enterprises) Cyclically Adjusted Book per Share: $23.30 (As of May. 2026)

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APOG Apogee Enterprises Inc APOG
73 GF Score
Price $42.63
GF Value $48.78
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Apogee Enterprises Cyclically Adjusted Book per Share?

Apogee Enterprises APOG -0.05% 73 Cyclically Adjusted Book per Share is $23.30 as of May. 2026. GuruFocus rates APOG with a GF Score™ of 73/100 and a GF Value™ of $48.78 (Modestly Undervalued). The stock has 3 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 Book per Share and 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.

Apogee Enterprises's adjusted book value per share for the three months ended in May. 2026 was $24.309. 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 $23.30 for the trailing ten years ended in May. 2026.

During the past 12 months, Apogee Enterprises's average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Apogee Enterprises was 8.40% per year. The lowest was 2.90% per year. And the median was 5.60% per year.

As of today (2026-08-16), Apogee Enterprises's current stock price is $42.63. Apogee Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $23.30. Apogee Enterprises's Cyclically Adjusted PB Ratio of today is 1.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Apogee Enterprises was 4.61. The lowest was 0.97. And the median was 2.42.


Apogee Enterprises  (NAS:APOG) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 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.

Apogee Enterprises's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.63/23.30
=1.83

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Apogee Enterprises was 4.61. The lowest was 0.97. And the median was 2.42.


Be Aware

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


Apogee Enterprises Cyclically Adjusted Book per Share Related Terms


Apogee Enterprises Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Apogee Enterprises's Cyclically Adjusted Book 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.

Apogee Enterprises Cyclically Adjusted Book per Share Chart

Apogee Enterprises Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.17 19.43 20.47 21.64 22.62

Apogee Enterprises Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted Book 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 21.91 22.20 22.33 22.62 23.30

APOG vs NX, LMB, JBI: Cyclically Adjusted Book per Share Comparison

For the Building Products & Equipment subindustry, Apogee Enterprises'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.


Apogee Enterprises Cyclically Adjusted PB Ratio vs Construction Industry

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

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


APOG
73GF Score
Apogee Enterprises Inc APOG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apogee Enterprises Cyclically Adjusted Book 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 Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Apogee Enterprises's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book= Book Value per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=24.309/335.1230*335.1230
=24.309

Current CPI (May. 2026) = 335.1230.

Apogee Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201608 15.444 240.849 21.489
201611 15.785 241.353 21.918
201702 16.407 243.603 22.571
201705 16.737 244.733 22.919
201708 17.504 245.519 23.892
201711 18.110 246.669 24.604
201802 18.160 248.991 24.442
201805 18.585 251.588 24.756
201808 19.068 252.146 25.343
201811 19.196 252.038 25.524
201902 18.372 252.776 24.357
201905 18.280 256.092 23.921
201908 18.945 256.558 24.746
201911 19.394 257.208 25.269
202002 19.543 258.678 25.318
202005 19.119 256.394 24.990
202008 19.880 259.918 25.632
202011 21.082 260.229 27.149
202102 19.163 263.014 24.417
202105 19.431 269.195 24.190
202108 18.767 273.567 22.990
202111 18.784 277.948 22.648
202202 16.295 283.716 19.248
202205 14.742 292.296 16.902
202208 16.062 296.171 18.174
202211 17.000 297.711 19.136
202302 17.837 300.840 19.870
202305 18.462 304.127 20.344
202308 19.587 307.026 21.379
202311 20.635 307.051 22.522
202402 21.324 310.326 23.028
202405 21.879 314.069 23.346
202408 23.076 314.796 24.566
202411 23.796 315.493 25.277
202502 22.780 319.082 23.925
202505 22.374 321.465 23.325
202508 23.249 323.976 24.049
202511 23.834 324.122 24.643
202602 24.118 326.785 24.733
202605 24.309 335.123 24.309

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

What does a Cyclically Adjusted Book per Share of $23.30 mean?
Apogee Enterprises (APOG) has a Cyclically Adjusted Book per Share of $23.30 as of May. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Apogee Enterprises and its competitors.
Is Apogee Enterprises' Cyclically Adjusted Book per Share too high?
Apogee Enterprises' current Cyclically Adjusted Book per Share is $23.30. Overall, Apogee Enterprises has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apogee Enterprises' Cyclically Adjusted Book per Share compare to NX and LMB?
Apogee Enterprises' Cyclically Adjusted Book per Share of $23.30 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 Book per Share for a Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction industry context. However, Cyclically Adjusted Book 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 Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Apogee Enterprises and its competitors. Apogee Enterprises's current Cyclically Adjusted Book per Share is $23.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Apogee Enterprises (APOG) is currently considered Modestly Undervalued. The stock's GF Value™ is $48.78, compared to a current price of $42.63 — trading 12.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is $23.30. Apogee Enterprises' overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Apogee Enterprises (APOG), the current Cyclically Adjusted Book per Share is $23.30 as of May. 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 Apogee Enterprises (APOG) Overvalued in 2026?

Based on GuruFocus' analysis, Apogee Enterprises stock appears to be undervalued. The current stock price of $42.63 is trading 12.6% below its estimated GF Value™ of $48.78. GuruFocus considers Apogee Enterprises to be Modestly Undervalued.

Key valuation signals for APOG:

  • Cyclically Adjusted Book per Share: $23.30
  • GF Value™: $48.78 vs. price of $42.63 (12.6% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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


Apogee Enterprises Business Description

Other Exchanges ANP:Germany
Address 4400 West 78th Street, Suite 520, Minneapolis, MN, USA, 55435
Apogee Enterprises Inc is a provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used in applications for preservation, protection, and enhanced viewing. The company's operating segment consists of the Architectural Metals Segment, Architectural Services Segment, Architectural Glass Segment, and Performance Surfaces Segment. The company generates the majority of its revenue from the Architectural Metals Segment, which designs, engineers, fabricates, and finishes aluminum window, curtainwall, storefront, and entrance systems used principally in non-residential construction. The company geographically operates in the United States, Canada, and Brazil, with the majority revenue generated from the United States.
73GF Score

Get the complete analysis for APOG

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

$42.63
Price
$48.78
GF Value