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CRH (FRA:CRG) Cyclically Adjusted Book per Share : €23.92 (As of Mar. 2025)


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What is CRH 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.

CRH's adjusted book value per share for the three months ended in Mar. 2025 was €28.869. 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 €23.92 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CRH's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 CRH was 19.60% per year. The lowest was 1.20% per year. And the median was 6.35% per year.

As of today (2025-07-19), CRH's current stock price is €79.92. CRH's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €23.92. CRH's Cyclically Adjusted PB Ratio of today is 3.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CRH was 4.15. The lowest was 2.19. And the median was 3.34.


CRH Cyclically Adjusted Book per Share Historical Data

The historical data trend for CRH'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.

CRH Cyclically Adjusted Book per Share Chart

CRH 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 15.99 18.57 22.65 17.96 25.35

CRH Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 23.31 23.78 22.69 25.35 23.92

Competitive Comparison of CRH's Cyclically Adjusted Book per Share

For the Building Materials subindustry, CRH'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.


CRH's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, CRH's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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CRH 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, CRH'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)
=28.869/123.4051*123.4051
=28.869

Current CPI (Mar. 2025) = 123.4051.

CRH Quarterly Data

Book Value per Share CPI Adj_Book
200803 0.000 100.474 0.000
200806 13.845 101.769 16.788
200812 15.649 99.875 19.336
200906 17.353 96.287 22.240
200912 13.566 94.892 17.642
201006 14.594 95.490 18.860
201012 14.451 96.187 18.540
201106 13.716 98.081 17.257
201112 14.608 98.480 18.305
201206 14.556 99.676 18.021
201212 14.638 99.676 18.123
201306 13.730 100.374 16.880
201312 13.174 99.875 16.278
201406 12.599 100.773 15.429
201412 13.548 99.576 16.790
201506 15.222 100.573 18.678
201512 15.868 99.676 19.646
201606 15.005 101.072 18.321
201612 16.642 99.676 20.604
201706 16.323 100.673 20.009
201712 17.509 100.075 21.591
201806 18.308 101.072 22.353
201812 19.770 100.773 24.210
201906 19.643 102.168 23.726
201912 21.687 102.068 26.221
202006 20.684 101.769 25.081
202012 20.580 101.072 25.128
202106 20.552 103.364 24.537
202112 23.234 106.653 26.883
202206 25.898 112.779 28.338
202212 28.084 115.436 30.023
202303 0.000 117.609 0.000
202306 26.225 119.662 27.045
202309 0.000 120.749 0.000
202312 27.629 120.749 28.237
202403 26.779 120.990 27.314
202406 28.166 122.318 28.416
202409 28.990 121.594 29.422
202412 30.465 122.439 30.705
202503 28.869 123.405 28.869

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


CRH  (FRA:CRG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=79.92/23.92
=3.34

* 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 CRH was 4.15. The lowest was 2.19. And the median was 3.34.


Be Aware

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


CRH Cyclically Adjusted Book per Share Related Terms

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


CRH Business Description

Industry
Address
Stonemason’s Way, Rathfarnham, Dublin, IRL, D16 KH51
CRH is a global manufacturer of a range of building products used in construction projects, operating via a vertically integrated business model. The past decade has seen CRH transform into a leading building materials business, with increasing exposure to upstream building activities such as aggregates and cement. CRH's geographic footprint is mostly across developed markets. North America is CRH's largest market and accounts for 75% of EBITDA. The company is the largest producer of aggregates and asphalt in the US.

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