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Installed Building Products (FRA:2IL) Cyclically Adjusted Book per Share : €12.11 (As of Mar. 2025)


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What is Installed Building Products Cyclically Adjusted Book per Share?

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.

Installed Building Products's adjusted book value per share for the three months ended in Mar. 2025 was €22.142. 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 €12.11 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Installed Building Products's average Cyclically Adjusted Book Growth Rate was 22.30% 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.

As of today (2025-05-23), Installed Building Products's current stock price is €137.00. Installed Building Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €12.11. Installed Building Products's Cyclically Adjusted PB Ratio of today is 11.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Installed Building Products was 25.95. The lowest was 10.54. And the median was 14.56.


Installed Building Products Cyclically Adjusted Book per Share Historical Data

The historical data trend for Installed Building Products'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.

* Premium members only.

Installed Building Products Cyclically Adjusted Book per Share Chart

Installed Building Products Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7.43 9.11 11.67

Installed Building Products Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.82 10.46 10.58 11.67 12.11

Competitive Comparison of Installed Building Products's Cyclically Adjusted Book per Share

For the Residential Construction subindustry, Installed Building Products'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.


Installed Building Products's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Installed Building Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Installed Building Products 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, Installed Building Products's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=22.142/134.9266*134.9266
=22.142

Current CPI (Mar. 2025) = 134.9266.

Installed Building Products Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.686 100.684 3.600
201509 2.972 100.392 3.994
201512 3.351 99.792 4.531
201603 3.439 100.470 4.618
201606 3.692 101.688 4.899
201609 4.033 101.861 5.342
201612 4.636 101.863 6.141
201703 5.052 102.862 6.627
201706 5.171 103.349 6.751
201709 5.197 104.136 6.734
201712 5.583 104.011 7.242
201803 5.110 105.290 6.548
201806 5.825 106.317 7.393
201809 5.883 106.507 7.453
201812 5.362 105.998 6.825
201903 5.628 107.251 7.080
201906 6.074 108.070 7.583
201909 6.882 108.329 8.572
201912 7.497 108.420 9.330
202003 7.499 108.902 9.291
202006 8.127 108.767 10.082
202009 8.666 109.815 10.648
202012 8.857 109.897 10.874
202103 9.635 111.754 11.633
202106 10.131 114.631 11.925
202109 11.237 115.734 13.100
202112 12.418 117.630 14.244
202203 12.103 121.301 13.463
202206 13.183 125.017 14.228
202209 16.155 125.227 17.406
202212 16.458 125.222 17.734
202303 16.630 127.348 17.620
202306 18.215 128.729 19.092
202309 20.718 129.860 21.526
202312 21.668 129.419 22.590
202403 21.974 131.776 22.499
202406 22.549 132.554 22.953
202409 22.936 133.029 23.263
202412 24.266 133.157 24.588
202503 22.142 134.927 22.142

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


Installed Building Products  (FRA:2IL) 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.

Installed Building Products's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=137.00/12.11
=11.31

* 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 Installed Building Products was 25.95. The lowest was 10.54. And the median was 14.56.


Be Aware

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


Installed Building Products Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Installed Building Products's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Installed Building Products Business Description

Traded in Other Exchanges
Address
495 South High Street, Suite 50, Columbus, OH, USA, 43215
Installed Building Products Inc is an insulation installer serving the residential new construction market and are also a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving, mirrors and other products throughout the United States. The company installs fiberglass insulation, spray foam insulation, and cellulose insulation. The company has three operating segments consisting of Installation, Manufacturing and Distribution operations. Majority of revenue is derived from Installation segment.

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