BOC (Boston Omaha) Cyclically Adjusted PB Ratio: 0.75 (As of Aug. 07, 2026) — 10% Above Median

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BOC Boston Omaha Corp BOC
70 GF Score
Price $14.46
GF Value $16.57
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Boston Omaha Cyclically Adjusted PB Ratio?

Boston Omaha BOC +1.12% 70 Cyclically Adjusted PB Ratio is 0.75 as of Aug. 07, 2026, which is 10% above its 10-year median of 0.68. GuruFocus rates BOC with a GF Score™ of 70/100 and a GF Value™ of $16.57 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 463 Conglomerates companies, Boston Omaha ranks better than 62.42% on this metric.

As of today (2026-08-07), Boston Omaha's current share price is $14.46. Boston Omaha's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $19.28. Boston Omaha's Cyclically Adjusted PB Ratio for today is 0.75.

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

BOC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.68   Max: 0.81
Current: 0.74

During the past years, Boston Omaha's highest Cyclically Adjusted PB Ratio was 0.81. The lowest was 0.57. And the median was 0.68.

BOC's Cyclically Adjusted PB Ratio is ranked better than
62.42% of 463 companies
in the Conglomerates industry
Industry Median: 1.02 vs BOC: 0.74

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.

Boston Omaha's adjusted book value per share data for the three months ended in Mar. 2026 was $16.605. 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 $19.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boston Omaha  (NYSE:BOC) 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.


Boston Omaha Cyclically Adjusted PB Ratio Related Terms


Boston Omaha Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Boston Omaha'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.

Boston Omaha Cyclically Adjusted PB Ratio Chart

Boston Omaha Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.65

Boston Omaha Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.76 0.73 0.67 0.65 0.61

BOC vs AIAI, TRC, FIP: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Boston Omaha'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.


Boston Omaha Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


BOC
70GF Score
Boston Omaha Corp BOC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Boston Omaha 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.

Boston Omaha's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.46/19.28
=0.75

* 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.

Boston Omaha's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Boston Omaha'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)
=16.605/330.2130*330.2130
=16.605

Current CPI (Mar. 2026) = 330.2130.

Boston Omaha Quarterly Data

Book Value per Share CPI Adj_Book
201606 60.482 241.018 82.865
201609 9.148 241.428 12.512
201612 9.017 241.432 12.333
201703 8.856 243.801 11.995
201706 10.487 244.955 14.137
201709 10.418 246.819 13.938
201712 10.245 246.524 13.723
201803 12.788 249.554 16.921
201806 14.490 251.989 18.988
201809 14.431 252.439 18.877
201812 14.273 251.233 18.760
201903 14.153 254.202 18.385
201906 14.241 256.143 18.359
201909 14.470 256.759 18.610
201912 14.684 256.974 18.869
202003 13.646 258.115 17.458
202006 13.968 257.797 17.892
202009 14.095 260.280 17.882
202012 14.012 260.474 17.764
202103 17.089 264.877 21.304
202106 17.921 271.696 21.781
202109 17.026 274.310 20.496
202112 16.712 278.802 19.794
202203 17.272 287.504 19.838
202206 16.884 296.311 18.816
202209 16.835 296.808 18.730
202212 17.055 296.797 18.975
202303 17.127 301.836 18.737
202306 17.333 305.109 18.759
202309 17.281 307.789 18.540
202312 17.189 306.746 18.504
202403 17.098 312.332 18.077
202406 16.863 314.175 17.724
202409 16.819 315.301 17.614
202412 16.990 315.605 17.776
202503 16.955 319.799 17.507
202506 16.881 322.561 17.281
202509 16.799 324.800 17.079
202512 16.629 324.054 16.945
202603 16.605 330.213 16.605

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.

What does a Cyclically Adjusted PB Ratio of 0.75 mean?
Boston Omaha (BOC) has a Cyclically Adjusted PB Ratio of 0.75 as of Aug. 07, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Boston Omaha and its competitors. This is 10% above median its historical median of 0.68. Over the past decade, Boston Omaha's Cyclically Adjusted PB Ratio has ranged from 0.57 to 0.81. According to the industry distribution chart, Boston Omaha ranks #174 out of 463 companies in the Conglomerates industry, placing it in the top 37.6%.
Is Boston Omaha's Cyclically Adjusted PB Ratio too high?
Boston Omaha's current Cyclically Adjusted PB Ratio of 0.75 is 10% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.81. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Boston Omaha's value of 0.75 is 26.5% below this industry median. Based on the distribution chart, Boston Omaha ranks #174 out of 463 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Boston Omaha has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Boston Omaha's Cyclically Adjusted PB Ratio compare to AIAI and TRC?
According to the Conglomerates industry distribution chart, Boston Omaha ranks #174 out of 463 companies for Cyclically Adjusted PB Ratio. This puts Boston Omaha in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Boston Omaha's value of 0.75 is 26.5% below this benchmark. Historically, Boston Omaha's own Cyclically Adjusted PB Ratio has ranged from 0.57 to 0.81 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.02, Boston Omaha has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 463 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boston Omaha's current Cyclically Adjusted PB Ratio of 0.75 is 26.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Boston Omaha and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boston Omaha's current Cyclically Adjusted PB Ratio is 0.75, which is 10% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boston Omaha stock overvalued right now?
Based on GuruFocus' analysis, Boston Omaha (BOC) is currently considered Modestly Undervalued. The stock's GF Value™ is $16.57, compared to a current price of $14.46 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.75, which is 10% above median its 10-year median of 0.68 and 26.5% below the Conglomerates industry median of 1.02. Boston Omaha's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Boston Omaha (BOC), the current Cyclically Adjusted PB Ratio is 0.75 as of Aug. 07, 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 Boston Omaha (BOC) Overvalued in 2026?

Based on GuruFocus' analysis, Boston Omaha stock appears to be undervalued. The current stock price of $14.46 is trading 12.7% below its estimated GF Value™ of $16.57. GuruFocus considers Boston Omaha to be Modestly Undervalued.

Key valuation signals for BOC:

  • Cyclically Adjusted PB Ratio: 0.75 (10% above median its 10-year median of 0.68)
  • GF Value™: $16.57 vs. price of $14.46 (12.7% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 26.5% below the Conglomerates median (#174 of 463)

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


Boston Omaha Business Description

Other Exchanges 42S:Germany
Address 1601 Dodge Street, Suite 3300, Omaha, NE, USA, 68102
Boston Omaha Corp is a diversified holding company engaged in outdoor billboard advertising, broadband services, surety insurance, and related brokerage activities, and asset management. The company generates revenue mainly from leasing advertising space on billboards, providing broadband internet services, and earning premiums and commissions from its insurance operations. In addition, it holds minority equity investments in various businesses, including real estate-related and other industries.
70GF Score

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

$14.46
Price
$16.57
GF Value