Bouygues (CHIX:ENP) Cyclically Adjusted Book per Share: €36.46 (As of Jun. 2026)

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CHIX:ENP Bouygues CHIX:ENP
73 GF Score
Price €43.92
GF Value €35.06
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Bouygues Cyclically Adjusted Book per Share?

Bouygues CHIX:ENP 73 Cyclically Adjusted Book per Share is €36.46 as of Jun. 2026. GuruFocus rates CHIX:ENP with a GF Score™ of 73/100 and a GF Value™ of €35.06 (Modestly Overvalued). The stock has 4 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.

Bouygues's adjusted book value per share for the three months ended in Jun. 2026 was €36.965. 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 €36.46 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Bouygues's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% 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 Bouygues was 4.70% per year. The lowest was 1.00% per year. And the median was 2.70% per year.

As of today (2026-09-17), Bouygues's current stock price is €43.92. Bouygues's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €36.46. Bouygues's Cyclically Adjusted PB Ratio of today is 1.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bouygues was 1.84. The lowest was 0.95. And the median was 1.27.


Bouygues  (CHIX:ENp) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.92/36.455
=1.20

* 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 Bouygues was 1.84. The lowest was 0.95. And the median was 1.27.


Be Aware

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


Bouygues Cyclically Adjusted Book per Share Related Terms


Bouygues Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Bouygues'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.

Bouygues Cyclically Adjusted Book per Share Chart

Bouygues Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.97 32.94 34.68 35.61 36.50

Bouygues Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 35.18 35.20 35.34 35.96 36.46

CHIX:ENP vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


CHIX:ENP
73GF Score
Bouygues CHIX:ENP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bouygues 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, Bouygues's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=36.965/123.5000*123.5000
=36.965

Current CPI (Jun. 2026) = 123.5000.

Bouygues Quarterly Data

Book Value per Share CPI Adj_Book
201609 25.275 100.340 31.109
201612 26.542 100.650 32.568
201703 27.165 101.170 33.161
201706 26.252 101.320 31.999
201709 28.425 101.330 34.644
201712 28.453 101.850 34.501
201803 28.133 102.750 33.814
201806 26.997 103.370 32.254
201809 28.109 103.560 33.521
201812 29.651 103.470 35.391
201903 29.536 103.890 35.111
201906 28.464 104.580 33.614
201909 30.159 104.500 35.642
201912 31.069 104.980 36.550
202003 30.414 104.590 35.913
202006 30.141 104.790 35.523
202009 29.658 104.550 35.034
202012 31.182 104.960 36.690
202103 31.636 105.750 36.946
202106 30.924 106.340 35.914
202109 32.047 106.810 37.055
202112 33.680 107.850 38.567
202203 34.124 110.490 38.142
202206 34.461 112.550 37.814
202209 36.341 112.740 39.809
202212 37.427 114.160 40.489
202303 37.000 116.790 39.126
202306 35.870 117.650 37.654
202309 36.576 118.260 38.197
202312 37.318 118.390 38.929
202403 36.929 119.470 38.175
202406 35.844 120.200 36.828
202409 37.034 119.560 38.254
202412 38.555 119.950 39.696
202503 37.922 120.380 38.905
202506 36.253 121.360 36.892
202509 37.542 120.950 38.334
202512 38.652 120.890 39.486
202603 38.529 122.410 38.872
202606 36.965 123.500 36.965

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 €36.46 mean?
Bouygues (CHIX:ENP) has a Cyclically Adjusted Book per Share of €36.46 as of Jun. 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 Bouygues and its competitors.
Is Bouygues' Cyclically Adjusted Book per Share too high?
Bouygues' current Cyclically Adjusted Book per Share is €36.46. Overall, Bouygues has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bouygues' Cyclically Adjusted Book per Share compare to PWR and FIX?
Bouygues' Cyclically Adjusted Book per Share of €36.46 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 Bouygues and its competitors. Bouygues's current Cyclically Adjusted Book per Share is €36.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bouygues stock overvalued right now?
Based on GuruFocus' analysis, Bouygues (CHIX:ENP) is currently considered Modestly Overvalued. The stock's GF Value™ is €35.06, compared to a current price of €43.92 — trading 25.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is €36.46. Bouygues' overall GF Score™ is 73/100 with 4 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 Bouygues (CHIX:ENP), the current Cyclically Adjusted Book per Share is €36.46 as of Jun. 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 Bouygues (CHIX:ENP) Overvalued in 2026?

Based on GuruFocus' analysis, Bouygues stock appears to be overvalued. The current stock price of €43.92 is trading 25.3% above its estimated GF Value™ of €35.06. GuruFocus considers Bouygues to be Modestly Overvalued.

Key valuation signals for CHIX:ENP:

  • Cyclically Adjusted Book per Share: €36.46
  • GF Value™: €35.06 vs. price of €43.92 (25.3% above fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Bouygues Business Description

Address 32 avenue Hoche, Paris, FRA, 75008
Bouygues is a family-controlled French conglomerate that comprises a disparate range of assets: construction businesses, a TV network, and a telecom network. It is one of the largest construction companies in France and Europe, with over EUR 46 billion in revenue across the four engineering, procurement, and construction businesses under its ownership, as well as one of the four telecom operators in France.
73GF Score

Get the complete analysis for CHIX:ENP

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

€43.92
Price
€35.06
GF Value