Apogee Enterprises (FRA:ANP) Cyclically Adjusted Book per Share: €19.78 (As of May. 2026)

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FRA:ANP Apogee Enterprises Inc FRA:ANP
73 GF Score
Price €37.00
GF Value €42.00
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Apogee Enterprises Cyclically Adjusted Book per Share?

Apogee Enterprises FRA:ANP -1.07% 73 Cyclically Adjusted Book per Share is €19.78 as of May. 2026. GuruFocus rates FRA:ANP with a GF Score™ of 73/100 and a GF Value™ of €42.00 (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 €20.808. 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 €19.78 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 (2026-08-13), Apogee Enterprises's current stock price is €37.00. Apogee Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €19.78. Apogee Enterprises's Cyclically Adjusted PB Ratio of today is 1.87.

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  (FRA:ANP) 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
=37.00/19.78
=1.87

* 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 16.13 18.34 18.78 20.67 19.09

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 19.27 18.88 19.26 19.09 19.78

FRA:ANP 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.


FRA:ANP
73GF Score
Apogee Enterprises Inc FRA:ANP
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)
=20.808/335.1230*335.1230
=20.808

Current CPI (May. 2026) = 335.1230.

Apogee Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201608 13.776 240.849 19.168
201611 14.633 241.353 20.318
201702 15.406 243.603 21.194
201705 15.147 244.733 20.741
201708 14.826 245.519 20.237
201711 15.430 246.669 20.963
201802 14.710 248.991 19.799
201805 15.723 251.588 20.944
201808 16.513 252.146 21.947
201811 16.892 252.038 22.460
201902 16.186 252.776 21.459
201905 16.343 256.092 21.387
201908 17.031 256.558 22.246
201911 17.552 257.208 22.869
202002 17.921 258.678 23.217
202005 17.532 256.394 22.915
202008 16.799 259.918 21.660
202011 17.836 260.229 22.969
202102 15.847 263.014 20.192
202105 15.992 269.195 19.909
202108 15.952 273.567 19.541
202111 16.454 277.948 19.839
202202 14.356 283.716 16.957
202205 13.946 292.296 15.989
202208 15.853 296.171 17.938
202211 16.677 297.711 18.773
202302 16.660 300.840 18.559
202305 16.985 304.127 18.716
202308 17.961 307.026 19.605
202311 19.067 307.051 20.810
202402 19.767 310.326 21.347
202405 20.238 314.069 21.595
202408 20.930 314.796 22.281
202411 22.416 315.493 23.811
202502 21.869 319.082 22.968
202505 19.846 321.465 20.689
202508 19.970 323.976 20.657
202511 20.617 324.122 21.317
202602 20.404 326.785 20.925
202605 20.808 335.123 20.808

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 €19.78 mean?
Apogee Enterprises (FRA:ANP) has a Cyclically Adjusted Book per Share of €19.78 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 €19.78. 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 €19.78 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 €19.78. 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 (FRA:ANP) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.00, compared to a current price of €37.00 — trading 11.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is €19.78. 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 (FRA:ANP), the current Cyclically Adjusted Book per Share is €19.78 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 (FRA:ANP) Overvalued in 2026?

Based on GuruFocus' analysis, Apogee Enterprises stock appears to be undervalued. The current stock price of €37.00 is trading 11.9% below its estimated GF Value™ of €42.00. GuruFocus considers Apogee Enterprises to be Modestly Undervalued.

Key valuation signals for FRA:ANP:

  • Cyclically Adjusted Book per Share: €19.78
  • GF Value™: €42.00 vs. price of €37.00 (11.9% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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


Apogee Enterprises Business Description

Other Exchanges APOG:USA
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 FRA:ANP

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

€37.00
Price
€42.00
GF Value