VMI (Valmont Industries) Cyclically Adjusted Book per Share: $73.37 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VMI Valmont Industries Inc VMI
90 GF Score
Price $493.64
GF Value $345.53
Valuation Significantly Overvalued
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What is Valmont Industries Cyclically Adjusted Book per Share?

Valmont Industries VMI +0.35% 90 Cyclically Adjusted Book per Share is $73.37 as of Jun. 2026. GuruFocus rates VMI with a GF Score™ of 90/100 and a GF Value™ of $345.53 (Significantly Overvalued).

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.

Valmont Industries's adjusted book value per share for the three months ended in Jun. 2026 was $91.237. 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 $73.37 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Valmont Industries's average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Valmont Industries was 18.20% per year. The lowest was 4.10% per year. And the median was 8.10% per year.

As of today (2026-08-08), Valmont Industries's current stock price is $493.64. Valmont Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $73.37. Valmont Industries's Cyclically Adjusted PB Ratio of today is 6.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Valmont Industries was 7.95. The lowest was 1.85. And the median was 3.81.


Valmont Industries  (NYSE:VMI) 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.

Valmont Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=493.64/73.37
=6.73

* 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 Valmont Industries was 7.95. The lowest was 1.85. And the median was 3.81.


Be Aware

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


Valmont Industries Cyclically Adjusted Book per Share Related Terms


Valmont Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Valmont Industries'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.

Valmont Industries Cyclically Adjusted Book per Share Chart

Valmont Industries 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 57.03 61.61 63.57 65.62 69.59

Valmont Industries 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 67.96 68.99 69.59 71.72 73.37

VMI vs GHC, SEB, OTTR: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Valmont Industries'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.


Valmont Industries Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


VMI
90GF Score
Valmont Industries Inc VMI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valmont Industries 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, Valmont Industries'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)
=91.237/333.9520*333.9520
=91.237

Current CPI (Jun. 2026) = 333.9520.

Valmont Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 42.140 241.428 58.290
201612 41.893 241.432 57.947
201703 44.409 243.801 60.830
201706 47.107 244.955 64.222
201709 49.258 246.819 66.647
201712 49.037 246.524 66.428
201803 50.464 249.554 67.531
201806 49.007 251.989 64.947
201809 46.586 252.439 61.629
201812 48.285 251.233 64.183
201903 49.128 254.202 64.541
201906 49.287 256.143 64.259
201909 49.512 256.759 64.397
201912 53.116 256.974 69.027
202003 50.521 258.115 65.365
202006 52.750 257.797 68.333
202009 53.957 260.280 69.229
202012 55.692 260.474 71.402
202103 57.706 264.877 72.755
202106 60.995 271.696 74.971
202109 62.103 274.310 75.606
202112 65.171 278.802 78.063
202203 69.363 287.504 80.569
202206 69.943 296.311 78.828
202209 71.087 296.808 79.983
202212 74.044 296.797 83.313
202303 72.136 301.836 79.811
202306 75.514 305.109 82.653
202309 70.339 307.789 76.318
202312 67.014 306.746 72.958
202403 69.712 312.332 74.538
202406 72.813 314.175 77.397
202409 76.287 315.301 80.800
202412 76.982 315.605 81.457
202503 81.620 319.799 85.232
202506 76.326 322.561 79.021
202509 79.660 324.800 81.905
202512 85.679 324.054 88.296
202603 88.729 330.213 89.734
202606 91.237 333.952 91.237

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 $73.37 mean?
Valmont Industries (VMI) has a Cyclically Adjusted Book per Share of $73.37 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 Valmont Industries and its competitors.
Is Valmont Industries' Cyclically Adjusted Book per Share too high?
Valmont Industries' current Cyclically Adjusted Book per Share is $73.37. Overall, Valmont Industries has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valmont Industries' Cyclically Adjusted Book per Share compare to GHC and SEB?
Valmont Industries' Cyclically Adjusted Book per Share of $73.37 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Valmont Industries and its competitors. Valmont Industries's current Cyclically Adjusted Book per Share is $73.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valmont Industries stock overvalued right now?
Based on GuruFocus' analysis, Valmont Industries (VMI) is currently considered Significantly Overvalued. The stock's GF Value™ is $345.53, compared to a current price of $493.64 — trading 42.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is $73.37. Valmont Industries' overall GF Score™ is 90/100. 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 Valmont Industries (VMI), the current Cyclically Adjusted Book per Share is $73.37 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 Valmont Industries (VMI) Overvalued in 2026?

Based on GuruFocus' analysis, Valmont Industries stock appears to be overvalued. The current stock price of $493.64 is trading 42.9% above its estimated GF Value™ of $345.53. GuruFocus considers Valmont Industries to be Significantly Overvalued.

Key valuation signals for VMI:

  • Cyclically Adjusted Book per Share: $73.37
  • GF Value™: $345.53 vs. price of $493.64 (42.9% above fair value)
  • GF Score™: 90/100

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


Valmont Industries Business Description

Other Exchanges VI1:Germany
Address 15000 Valmont Plaza, Omaha, NE, USA, 68154
Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.
90GF Score

Get the complete analysis for VMI

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

$493.64
Price
$345.53
GF Value