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Limbach Holdings (STU:J4B) Cyclically Adjusted Book per Share : €8.41 (As of Mar. 2025)


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What is Limbach Holdings 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.

Limbach Holdings's adjusted book value per share for the three months ended in Mar. 2025 was €12.821. 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 €8.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Limbach Holdings's average Cyclically Adjusted Book Growth Rate was 8.60% 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.

As of today (2025-05-23), Limbach Holdings's current stock price is €111.80. Limbach Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €8.41. Limbach Holdings's Cyclically Adjusted PB Ratio of today is 13.29.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Limbach Holdings was 14.00. The lowest was 4.67. And the median was 8.68.


Limbach Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Limbach Holdings'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.

Limbach Holdings Cyclically Adjusted Book per Share Chart

Limbach Holdings 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 - - - - 8.52

Limbach Holdings 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 7.68 7.89 7.92 8.52 8.41

Competitive Comparison of Limbach Holdings's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Limbach Holdings'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.


Limbach Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Limbach Holdings 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, Limbach Holdings'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)
=12.821/134.9266*134.9266
=12.821

Current CPI (Mar. 2025) = 134.9266.

Limbach Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.902 100.684 9.249
201509 6.873 100.392 9.237
201512 1.267 99.792 1.713
201603 6.878 100.470 9.237
201606 6.733 101.688 8.934
201609 4.958 101.861 6.567
201612 6.034 101.863 7.993
201703 5.770 102.862 7.569
201706 5.542 103.349 7.235
201709 5.231 104.136 6.778
201712 5.423 104.011 7.035
201803 4.742 105.290 6.077
201806 5.160 106.317 6.549
201809 4.798 106.507 6.078
201812 5.368 105.998 6.833
201903 5.660 107.251 7.121
201906 5.545 108.070 6.923
201909 5.311 108.329 6.615
201912 5.486 108.420 6.827
202003 5.470 108.902 6.777
202006 5.677 108.767 7.042
202009 5.714 109.815 7.021
202012 5.573 109.897 6.842
202103 6.295 111.754 7.600
202106 6.328 114.631 7.448
202109 6.865 115.734 8.003
202112 7.544 117.630 8.653
202203 7.568 121.301 8.418
202206 8.015 125.017 8.650
202209 8.978 125.227 9.673
202212 8.754 125.222 9.432
202303 8.783 127.348 9.306
202306 9.057 128.729 9.493
202309 9.719 129.860 10.098
202312 10.077 129.419 10.506
202403 10.249 131.776 10.494
202406 10.960 132.554 11.156
202409 11.365 133.029 11.527
202412 13.003 133.157 13.176
202503 12.821 134.927 12.821

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


Limbach Holdings  (STU:J4B) 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.

Limbach Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=111.80/8.41
=13.29

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Limbach Holdings was 14.00. The lowest was 4.67. And the median was 8.68.


Be Aware

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


Limbach Holdings Cyclically Adjusted Book per Share Related Terms

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


Limbach Holdings Business Description

Industry
Traded in Other Exchanges
Address
797 Commonwealth Drive, Warrendale, PA, USA, 15086
Limbach Holdings Inc is a commercial specialty contractor in the fields of heating, ventilation, air conditioning, plumbing, electrical, and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates in two segments namely General Contractor Relationships (GCR) and Owner Direct Relationships (ODR). The company generates maximum revenue from the ODR segment.

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