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Quanta Services (FRA:QAA) Cyclically Adjusted Book per Share : €33.04 (As of Mar. 2025)


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What is Quanta Services 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.

Quanta Services's adjusted book value per share for the three months ended in Mar. 2025 was €46.521. 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 €33.04 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Quanta Services's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 Quanta Services was 11.20% per year. The lowest was -2.00% per year. And the median was 8.80% per year.

As of today (2025-05-22), Quanta Services's current stock price is €284.40. Quanta Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €33.04. Quanta Services's Cyclically Adjusted PB Ratio of today is 8.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quanta Services was 10.12. The lowest was 1.11. And the median was 2.05.


Quanta Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Quanta Services'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.

Quanta Services Cyclically Adjusted Book per Share Chart

Quanta Services 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 18.91 23.35 27.83 29.23 34.48

Quanta Services 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 31.08 33.35 31.04 34.48 33.04

Competitive Comparison of Quanta Services's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Quanta Services'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.


Quanta Services's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Quanta Services 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, Quanta Services'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)
=46.521/134.9266*134.9266
=46.521

Current CPI (Mar. 2025) = 134.9266.

Quanta Services Quarterly Data

Book Value per Share CPI Adj_Book
201506 18.819 100.684 25.219
201509 18.163 100.392 24.411
201512 18.524 99.792 25.046
201603 18.540 100.470 24.898
201606 19.753 101.688 26.210
201609 20.180 101.861 26.731
201612 21.877 101.863 28.978
201703 21.441 102.862 28.125
201706 21.018 103.349 27.440
201709 20.683 104.136 26.799
201712 20.894 104.011 27.104
201803 19.751 105.290 25.311
201806 21.190 106.317 26.892
201809 22.029 106.507 27.907
201812 22.452 105.998 28.580
201903 23.195 107.251 29.180
201906 23.493 108.070 29.331
201909 24.931 108.329 31.052
201912 25.606 108.420 31.866
202003 24.922 108.902 30.878
202006 25.241 108.767 31.312
202009 25.388 109.815 31.194
202012 25.820 109.897 31.701
202103 26.354 111.754 31.818
202106 26.753 114.631 31.490
202109 28.294 115.734 32.986
202112 31.720 117.630 36.384
202203 32.448 121.301 36.093
202206 33.898 125.017 36.585
202209 36.709 125.227 39.552
202212 35.556 125.222 38.312
202303 35.475 127.348 37.586
202306 36.368 128.729 38.119
202309 38.619 129.860 40.126
202312 39.528 129.419 41.210
202403 39.950 131.776 40.905
202406 41.663 132.554 42.409
202409 43.161 133.029 43.777
202412 47.322 133.157 47.951
202503 46.521 134.927 46.521

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


Quanta Services  (FRA:QAA) 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.

Quanta Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=284.40/33.04
=8.61

* 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 Quanta Services was 10.12. The lowest was 1.11. And the median was 2.05.


Be Aware

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


Quanta Services Cyclically Adjusted Book per Share Related Terms

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


Quanta Services Business Description

Industry
Traded in Other Exchanges
Address
2727 North Loop West, Houston, TX, USA, 77008
Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under two reportable segments: electric infrastructure and underground utility and infrastructure.

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