ROAD (Construction Partners) Cyclically Adjusted Book per Share: $10.30 (As of Jun. 2026)

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ROAD Construction Partners Inc ROAD
84 GF Score
Price $120.98
GF Value $127.87
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Construction Partners Cyclically Adjusted Book per Share?

Construction Partners ROAD +2.23% 84 Cyclically Adjusted Book per Share is $10.30 as of Jun. 2026. GuruFocus rates ROAD with a GF Score™ of 84/100 and a GF Value™ of $127.87 (Fairly Valued). The stock has 4 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.

Construction Partners's adjusted book value per share for the three months ended in Jun. 2026 was $18.495. 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 $10.30 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-08-12), Construction Partners's current stock price is $120.98. Construction Partners's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $10.30. Construction Partners's Cyclically Adjusted PB Ratio of today is 11.75.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Construction Partners was 13.72. The lowest was 11.04. And the median was 12.16.


Construction Partners  (NAS:ROAD) 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.

Construction Partners's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=120.98/10.30
=11.75

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Construction Partners was 13.72. The lowest was 11.04. And the median was 12.16.


Be Aware

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


Construction Partners Cyclically Adjusted Book per Share Related Terms


Construction Partners Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Construction Partners'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.

Construction Partners Cyclically Adjusted Book per Share Chart

Construction Partners Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
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 0.00

Construction Partners Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 10.30

ROAD vs MYRG, GVA, LGN: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Construction Partners'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.


Construction Partners Cyclically Adjusted PB Ratio vs Construction Industry

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

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


ROAD
84GF Score
Construction Partners Inc ROAD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Construction Partners 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, Construction Partners's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.495/333.9520*333.9520
=18.495

Current CPI (Jun. 2026) = 333.9520.

Construction Partners Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.737 241.428 5.169
201612 0.000 241.432 0.000
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 3.639 246.819 4.924
201712 3.902 246.524 5.286
201803 4.186 249.554 5.602
201806 5.530 251.989 7.329
201809 5.825 252.439 7.706
201812 5.925 251.233 7.876
201903 6.007 254.202 7.892
201906 6.311 256.143 8.228
201909 6.635 256.759 8.630
201912 6.743 256.974 8.763
202003 6.781 258.115 8.773
202006 7.092 257.797 9.187
202009 7.439 260.280 9.545
202012 7.598 260.474 9.741
202103 7.439 264.877 9.379
202106 7.643 271.696 9.394
202109 7.820 274.310 9.520
202112 7.959 278.802 9.533
202203 7.900 287.504 9.176
202206 8.196 296.311 9.237
202209 8.676 296.808 9.762
202212 8.703 296.797 9.792
202303 8.587 301.836 9.501
202306 9.124 305.109 9.987
202309 9.797 307.789 10.630
202312 9.865 306.746 10.740
202403 9.938 312.332 10.626
202406 10.480 314.175 11.140
202409 10.891 315.301 11.535
202412 14.503 315.605 15.346
202503 14.414 319.799 15.052
202506 15.246 322.561 15.784
202509 16.301 324.800 16.760
202512 17.145 324.054 17.669
202603 17.330 330.213 17.526
202606 18.495 333.952 18.495

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 $10.30 mean?
Construction Partners (ROAD) has a Cyclically Adjusted Book per Share of $10.30 as of Jun. 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 Construction Partners and its competitors.
Is Construction Partners' Cyclically Adjusted Book per Share too high?
Construction Partners' current Cyclically Adjusted Book per Share is $10.30. Overall, Construction Partners has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Construction Partners' Cyclically Adjusted Book per Share compare to MYRG and GVA?
Construction Partners' Cyclically Adjusted Book per Share of $10.30 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 Construction Partners and its competitors. Construction Partners's current Cyclically Adjusted Book per Share is $10.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construction Partners stock overvalued right now?
Based on GuruFocus' analysis, Construction Partners (ROAD) is currently considered Fairly Valued. The stock's GF Value™ is $127.87, compared to a current price of $120.98 — trading 5.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is $10.30. Construction Partners' overall GF Score™ is 84/100 with 4 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 Construction Partners (ROAD), the current Cyclically Adjusted Book per Share is $10.30 as of Jun. 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 Construction Partners (ROAD) Overvalued in 2026?

Based on GuruFocus' analysis, Construction Partners stock appears to be undervalued. The current stock price of $120.98 is trading 5.4% below its estimated GF Value™ of $127.87. GuruFocus considers Construction Partners to be Fairly Valued.

Key valuation signals for ROAD:

  • Cyclically Adjusted Book per Share: $10.30
  • GF Value™: $127.87 vs. price of $120.98 (5.4% below fair value)
  • GF Score™: 84/100 with 4 warning signs

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


Construction Partners Business Description

Other Exchanges 1ROAD:ItalyCQY:Germany
Address 290 Healthwest Drive, Suite 2, Dothan, AL, USA, 36303
Construction Partners Inc operates as a civil infrastructure company. It specializes in the construction and maintenance of roadways. The company through its subsidiaries, provides various products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Its operations consist of manufacturing and distributing hot mix asphalt, paving activities, including the construction of roadway base layers and application of asphalt pavement, site development, including the installation of utility and drainage systems, and others. The company has a single segment which predominantly consists of infrastructure and road construction, and operates across various states in the United States.
84GF Score

Get the complete analysis for ROAD

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

$120.98
Price
$127.87
GF Value