Vulcan Materials Co (MEX:VMC) Cyclically Adjusted Book per Share: MXN974.50 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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MEX:VMC Vulcan Materials Co MEX:VMC
66 GF Score
Price MXN5,292.00
GF Value MXN5,239.01
Valuation Fairly Valued
! 2 Warning Signs
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What is Vulcan Materials Co Cyclically Adjusted Book per Share?

Vulcan Materials Co MEX:VMC 66 Cyclically Adjusted Book per Share is MXN974.50 as of Mar. 2026. GuruFocus rates MEX:VMC with a GF Score™ of 66/100 and a GF Value™ of MXN5,239.01 (Fairly Valued). The stock has 2 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.

Vulcan Materials Co's adjusted book value per share for the three months ended in Mar. 2026 was MXN1,169.607. 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 MXN974.50 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Vulcan Materials Co's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Vulcan Materials Co was 11.00% per year. The lowest was 2.60% per year. And the median was 7.80% per year.

As of today (2026-07-21), Vulcan Materials Co's current stock price is MXN5292.00. Vulcan Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN974.50. Vulcan Materials Co's Cyclically Adjusted PB Ratio of today is 5.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vulcan Materials Co was 6.01. The lowest was 2.36. And the median was 4.04.


Vulcan Materials Co  (MEX:VMC) 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.

Vulcan Materials Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5292.00/974.50
=5.43

* 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 Vulcan Materials Co was 6.01. The lowest was 2.36. And the median was 4.04.


Be Aware

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


Vulcan Materials Co Cyclically Adjusted Book per Share Related Terms


Vulcan Materials Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Vulcan Materials Co'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.

Vulcan Materials Co Cyclically Adjusted Book per Share Chart

Vulcan Materials Co 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 0.00 0.00 0.00 1,059.01 1,032.59

Vulcan Materials Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,090.81 1,055.85 958.01 1,032.59 974.50

MEX:VMC vs MLM, JHX, EXP: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, Vulcan Materials Co'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.


Vulcan Materials Co Cyclically Adjusted PB Ratio vs Building Materials Industry

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

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


MEX:VMC
66GF Score
Vulcan Materials Co MEX:VMC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vulcan Materials Co 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, Vulcan Materials Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1169.607/330.2130*330.2130
=1,169.607

Current CPI (Mar. 2026) = 330.2130.

Vulcan Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 622.720 241.018 853.174
201609 658.206 241.428 900.261
201612 712.343 241.432 974.291
201703 643.776 243.801 871.954
201706 629.346 244.955 848.394
201709 642.767 246.819 859.942
201712 737.482 246.524 987.839
201803 674.739 249.554 892.823
201806 745.856 251.989 977.389
201809 728.933 252.439 953.510
201812 775.330 251.233 1,019.070
201903 766.292 254.202 995.427
201906 780.298 256.143 1,005.940
201909 826.709 256.759 1,063.215
201912 800.993 256.974 1,029.280
202003 989.798 258.115 1,266.273
202006 1,004.551 257.797 1,286.733
202009 988.745 260.280 1,254.405
202012 904.759 260.474 1,146.998
202103 945.478 264.877 1,178.695
202106 944.171 271.696 1,147.523
202109 995.700 274.310 1,198.619
202112 1,011.787 278.802 1,198.360
202203 985.108 287.504 1,131.447
202206 1,017.420 296.311 1,133.827
202209 1,037.640 296.808 1,154.424
202212 1,016.403 296.797 1,130.839
202303 946.197 301.836 1,035.153
202306 929.125 305.109 1,005.572
202309 975.222 307.789 1,046.272
202312 961.583 306.746 1,035.147
202403 940.334 312.332 994.168
202406 1,068.599 314.175 1,123.149
202409 1,173.277 315.301 1,228.767
202412 1,282.128 315.605 1,341.472
202503 1,259.711 319.799 1,300.732
202506 1,199.206 322.561 1,227.654
202509 1,213.802 324.800 1,234.031
202512 1,175.348 324.054 1,197.687
202603 1,169.607 330.213 1,169.607

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 MXN974.50 mean?
Vulcan Materials Co (MEX:VMC) has a Cyclically Adjusted Book per Share of MXN974.50 as of Mar. 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 Vulcan Materials Co and its competitors.
Is Vulcan Materials Co's Cyclically Adjusted Book per Share too high?
Vulcan Materials Co's current Cyclically Adjusted Book per Share is MXN974.50. Overall, Vulcan Materials Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Materials Co's Cyclically Adjusted Book per Share compare to MLM and JHX?
Vulcan Materials Co's Cyclically Adjusted Book per Share of MXN974.50 can be compared against companies in the Building Materials 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 Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials 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 Vulcan Materials Co and its competitors. Vulcan Materials Co's current Cyclically Adjusted Book per Share is MXN974.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Materials Co (MEX:VMC) is currently considered Fairly Valued. The stock's GF Value™ is MXN5,239.01, compared to a current price of MXN5,292.00 — trading 1% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN974.50. Vulcan Materials Co's overall GF Score™ is 66/100 with 2 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 Vulcan Materials Co (MEX:VMC), the current Cyclically Adjusted Book per Share is MXN974.50 as of Mar. 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 Vulcan Materials Co (MEX:VMC) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Materials Co stock appears to be overvalued. The current stock price of MXN5,292.00 is trading 1% above its estimated GF Value™ of MXN5,239.01. GuruFocus considers Vulcan Materials Co to be Fairly Valued.

Key valuation signals for MEX:VMC:

  • Cyclically Adjusted Book per Share: MXN974.50
  • GF Value™: MXN5,239.01 vs. price of MXN5,292.00 (1% above fair value)
  • GF Score™: 66/100 with 2 warning signs

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


Vulcan Materials Co Business Description

Address 1200 Urban Center Drive, Birmingham, AL, USA, 35242
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2024, Vulcan sold 219.9 million tons of aggregates, 13.6 million tons of asphalt mix, and 3.6 million cubic yards of ready-mix. As of Dec. 31, 2024, the company had 16.5 billion tons of aggregate reserves.
66GF Score

Get the complete analysis for MEX:VMC

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

MXN5,292.00
Price
MXN5,239.01
GF Value