BOUYF (Bouygues) Cyclically Adjusted PB Ratio: 1.45 (As of Sep. 15, 2026) — 14% Above Median

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BOUYF Bouygues BOUYF
85 GF Score
Price $59.34
GF Value $47.54
! 4 Warning Signs
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What is Bouygues Cyclically Adjusted PB Ratio?

Bouygues BOUYF +6.63% 85 Cyclically Adjusted PB Ratio is 1.45 as of Sep. 15, 2026, which is 14% above its 10-year median of 1.27. GuruFocus rates BOUYF with a GF Score™ of 85/100 and a GF Value™ of $47.54. The stock has 4 warning signs investors should review. Among 1,239 Construction companies, Bouygues ranks worse than 56.58% on this metric.

As of today (2026-09-15), Bouygues's current share price is $59.342. Bouygues's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $40.94. Bouygues's Cyclically Adjusted PB Ratio for today is 1.45.

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

BOUYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.27   Max: 1.84
Current: 1.38

During the past years, Bouygues's highest Cyclically Adjusted PB Ratio was 1.84. The lowest was 0.95. And the median was 1.27.

BOUYF's Cyclically Adjusted PB Ratio is ranked worse than
56.58% of 1239 companies
in the Construction industry
Industry Median: 1.14 vs BOUYF: 1.38

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.

Bouygues's adjusted book value per share data for the three months ended in Jun. 2026 was $42.263. 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 $40.94 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bouygues  (OTCPK:BOUYF) 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.


Bouygues Cyclically Adjusted PB Ratio Related Terms


Bouygues Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bouygues'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.

Bouygues Cyclically Adjusted PB Ratio Chart

Bouygues 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 0.97 0.77 0.98 0.72 1.18

Bouygues Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.93 1.10 1.22 1.20 1.45

BOUYF vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Bouygues'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.


Bouygues Cyclically Adjusted PB Ratio vs Construction Industry

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

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


BOUYF
85GF Score
Bouygues BOUYF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bouygues 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.

Bouygues's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.342/40.94
=1.45

* 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.

Bouygues's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bouygues'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)
=42.263/123.5000*123.5000
=42.263

Current CPI (Jun. 2026) = 123.5000.

Bouygues Quarterly Data

Book Value per Share CPI Adj_Book
201609 28.404 100.340 34.960
201612 27.995 100.650 34.351
201703 29.054 101.170 35.467
201706 29.942 101.320 36.497
201709 33.604 101.330 40.956
201712 34.167 101.850 41.430
201803 34.599 102.750 41.586
201806 31.520 103.370 37.658
201809 32.648 103.560 38.934
201812 33.895 103.470 40.456
201903 33.164 103.890 39.424
201906 32.415 104.580 38.279
201909 32.879 104.500 38.857
201912 34.875 104.980 41.027
202003 33.372 104.590 39.406
202006 33.853 104.790 39.897
202009 34.778 104.550 41.082
202012 38.153 104.960 44.892
202103 37.182 105.750 43.423
202106 36.672 106.340 42.590
202109 37.141 106.810 42.945
202112 38.301 107.850 43.859
202203 37.968 110.490 42.439
202206 36.027 112.550 39.532
202209 35.601 112.740 38.999
202212 39.944 114.160 43.212
202303 40.199 116.790 42.509
202306 39.135 117.650 41.081
202309 38.724 118.260 40.440
202312 41.223 118.390 43.002
202403 39.884 119.470 41.229
202406 38.415 120.200 39.470
202409 41.332 119.560 42.694
202412 39.923 119.950 41.105
202503 40.964 120.380 42.026
202506 42.556 121.360 43.306
202509 44.112 120.950 45.042
202512 45.394 120.890 46.374
202603 44.393 122.410 44.788
202606 42.263 123.500 42.263

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 1.45 mean?
Bouygues (BOUYF) has a Cyclically Adjusted PB Ratio of 1.45 as of Sep. 15, 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 Bouygues and its competitors. This is 14% above median its historical median of 1.27. Over the past decade, Bouygues' Cyclically Adjusted PB Ratio has ranged from 0.95 to 1.84. According to the industry distribution chart, Bouygues ranks #701 out of 1239 companies in the Construction industry, placing it in the top 56.6%.
Is Bouygues' Cyclically Adjusted PB Ratio too high?
Bouygues' current Cyclically Adjusted PB Ratio of 1.45 is 14% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 1.84. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Bouygues' value of 1.45 is 27.2% above this industry median. Based on the distribution chart, Bouygues ranks #701 out of 1239 companies in the Construction industry, which is below the industry midpoint. Overall, Bouygues has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Bouygues' Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Bouygues ranks #701 out of 1239 companies for Cyclically Adjusted PB Ratio. This places Bouygues in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Bouygues' value of 1.45 is 27.2% above this benchmark. Historically, Bouygues' own Cyclically Adjusted PB Ratio has ranged from 0.95 to 1.84 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.14, Bouygues has consistently been above 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,239 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. Bouygues's current Cyclically Adjusted PB Ratio of 1.45 is 27.2% above 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 Bouygues and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bouygues's current Cyclically Adjusted PB Ratio is 1.45, which is 14% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bouygues stock overvalued right now?
Bouygues (BOUYF) has a current Cyclically Adjusted PB Ratio of 1.45. The stock's GF Value™ is $47.54, compared to a current price of $59.34 — trading 24.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.45, which is 14% above median its 10-year median of 1.27 and 27.2% above the Construction industry median of 1.14. Bouygues' overall GF Score™ is 85/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Bouygues (BOUYF), the current Cyclically Adjusted PB Ratio is 1.45 as of Sep. 15, 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 Bouygues (BOUYF) Overvalued in 2026?

Based on GuruFocus' analysis, Bouygues stock appears to be overvalued. The current stock price of $59.34 is trading 24.8% above its estimated GF Value™ of $47.54.

Key valuation signals for BOUYF:

  • Cyclically Adjusted PB Ratio: 1.45 (14% above median its 10-year median of 1.27)
  • GF Value™: $47.54 vs. price of $59.34 (24.8% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 27.2% above the Construction median (#701 of 1239)

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


Bouygues Business Description

Address 32 avenue Hoche, Paris, FRA, 75008
Bouygues is a family-controlled French conglomerate that comprises a disparate range of assets: construction businesses, a TV network, and a telecom network. It is one of the largest construction companies in France and Europe, with over EUR 46 billion in revenue across the four engineering, procurement, and construction businesses under its ownership, as well as one of the four telecom operators in France.
85GF 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.

$59.34
Price
$47.54
GF Value