Vulcan Materials Co (MIL:1VMC) Cyclically Adjusted Book per Share: €51.46 (As of Mar. 2026)

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MIL:1VMC Vulcan Materials Co MIL:1VMC
72 GF Score
Price €256.40
GF Value €253.83
Valuation Fairly Valued
! 2 Warning Signs
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What is Vulcan Materials Co Cyclically Adjusted Book per Share?

Vulcan Materials Co MIL:1VMC 72 Cyclically Adjusted Book per Share is €51.46 as of Mar. 2026. GuruFocus rates MIL:1VMC with a GF Score™ of 72/100 and a GF Value™ of €253.83 (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 €56.104. 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 €51.46 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 €256.40. Vulcan Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €51.46. Vulcan Materials Co's Cyclically Adjusted PB Ratio of today is 4.98.

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  (MIL:1VMC) 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
=256.40/51.46
=4.98

* 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 0.00 47.81

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 0.00 50.24 43.68 47.81 51.46

MIL:1VMC 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.


MIL:1VMC
72GF Score
Vulcan Materials Co MIL:1VMC
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)
=56.104/330.2130*330.2130
=56.104

Current CPI (Mar. 2026) = 330.2130.

Vulcan Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 29.968 241.018 41.058
201609 30.331 241.428 41.485
201612 32.755 241.432 44.800
201703 31.968 243.801 43.299
201706 30.987 244.955 41.772
201709 29.716 246.819 39.756
201712 31.731 246.524 42.503
201803 30.120 249.554 39.855
201806 32.492 251.989 42.578
201809 33.397 252.439 43.686
201812 34.709 251.233 45.620
201903 34.961 254.202 45.415
201906 35.950 256.143 46.346
201909 38.023 256.759 48.901
201912 38.223 256.974 49.117
202003 38.202 258.115 48.873
202006 38.646 257.797 49.502
202009 37.999 260.280 48.209
202012 37.387 260.474 47.397
202103 38.853 264.877 48.437
202106 39.368 271.696 47.847
202109 41.161 274.310 49.549
202112 43.650 278.802 51.699
202203 44.924 287.504 51.598
202206 47.842 296.311 53.316
202209 52.101 296.808 57.965
202212 49.214 296.797 54.755
202303 49.029 301.836 53.638
202306 50.023 305.109 54.139
202309 52.459 307.789 56.281
202312 51.948 306.746 55.922
202403 52.127 312.332 55.111
202406 54.188 314.175 56.954
202409 53.687 315.301 56.226
202412 58.710 315.605 61.427
202503 56.957 319.799 58.812
202506 55.218 322.561 56.528
202509 56.375 324.800 57.315
202512 55.746 324.054 56.806
202603 56.104 330.213 56.104

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 €51.46 mean?
Vulcan Materials Co (MIL:1VMC) has a Cyclically Adjusted Book per Share of €51.46 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 €51.46. Overall, Vulcan Materials Co has a GF Score™ of 72/100 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 €51.46 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 €51.46. 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 (MIL:1VMC) is currently considered Fairly Valued. The stock's GF Value™ is €253.83, compared to a current price of €256.40 — trading 1% above its estimated fair value. The current Cyclically Adjusted Book per Share is €51.46. Vulcan Materials Co's overall GF Score™ is 72/100 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 (MIL:1VMC), the current Cyclically Adjusted Book per Share is €51.46 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 (MIL:1VMC) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Materials Co stock appears to be overvalued. The current stock price of €256.40 is trading 1% above its estimated GF Value™ of €253.83. GuruFocus considers Vulcan Materials Co to be Fairly Valued.

Key valuation signals for MIL:1VMC:

  • Cyclically Adjusted Book per Share: €51.46
  • GF Value™: €253.83 vs. price of €256.40 (1% above fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the MIL:1VMC 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.
72GF Score

Get the complete analysis for MIL:1VMC

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

€256.40
Price
€253.83
GF Value