GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aecon Group Inc (OTCPK:AEGXF) » Definitions » Cyclically Adjusted PB Ratio

AEGXF (Aecon Group) Cyclically Adjusted PB Ratio : 1.21 (As of May. 30, 2025)


View and export this data going back to 2009. Start your Free Trial

What is Aecon Group Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Aecon Group's current share price is $13.703. Aecon Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $11.30. Aecon Group's Cyclically Adjusted PB Ratio for today is 1.21.

The historical rank and industry rank for Aecon Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

AEGXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.46   Max: 2.06
Current: 1.18

During the past years, Aecon Group's highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 0.59. And the median was 1.46.

AEGXF's Cyclically Adjusted PB Ratio is ranked worse than
52.59% of 1253 companies
in the Construction industry
Industry Median: 1.1 vs AEGXF: 1.18

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.

Aecon Group's adjusted book value per share data for the three months ended in Mar. 2025 was $10.130. 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 $11.30 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aecon Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aecon Group's Cyclically Adjusted PB Ratio 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.

Aecon Group Cyclically Adjusted PB Ratio Chart

Aecon Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.25 0.62 0.84 1.70

Aecon Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 1.08 1.06 1.31 1.70 1.04

Competitive Comparison of Aecon Group's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Aecon Group'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.


Aecon Group's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


;
;

Aecon Group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Aecon Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.703/11.30
=1.21

* 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.

Aecon Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Aecon Group'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)
=10.13/129.1809*129.1809
=10.130

Current CPI (Mar. 2025) = 129.1809.

Aecon Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.887 100.500 12.709
201509 9.303 100.421 11.967
201512 9.216 99.947 11.912
201603 9.225 101.054 11.793
201606 9.478 102.002 12.004
201609 9.618 101.765 12.209
201612 9.563 101.449 12.177
201703 9.392 102.634 11.821
201706 9.372 103.029 11.751
201709 10.414 103.345 13.018
201712 9.984 103.345 12.480
201803 9.582 105.004 11.788
201806 9.486 105.557 11.609
201809 10.155 105.636 12.418
201812 10.153 105.399 12.444
201903 9.919 106.979 11.978
201906 10.079 107.690 12.090
201909 10.597 107.611 12.721
201912 10.731 107.769 12.863
202003 10.029 107.927 12.004
202006 9.913 108.401 11.813
202009 10.926 108.164 13.049
202012 11.332 108.559 13.485
202103 11.201 110.298 13.119
202106 11.659 111.720 13.481
202109 11.805 112.905 13.507
202112 11.734 113.774 13.323
202203 11.596 117.646 12.733
202206 11.535 120.806 12.335
202209 11.679 120.648 12.505
202212 11.412 120.964 12.187
202303 11.100 122.702 11.686
202306 11.571 124.203 12.035
202309 12.895 125.230 13.302
202312 12.741 125.072 13.160
202403 12.499 126.258 12.788
202406 10.739 127.522 10.879
202409 11.314 127.285 11.483
202412 10.681 127.364 10.833
202503 10.130 129.181 10.130

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


Aecon Group  (OTCPK:AEGXF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Aecon Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Aecon Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Aecon Group Business Description

Traded in Other Exchanges
Address
20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. The company generates the maximum revenue from the Construction segment.