BOUYY (Bouygues) Cyclically Adjusted PB Ratio: 1.44 (As of Jul. 09, 2026) — 13% Above Median


BOUYY Bouygues BOUYY
66 GF Score
Price $10.55
GF Value $8.18
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Bouygues Cyclically Adjusted PB Ratio?

Bouygues BOUYY -0.59% 66 Cyclically Adjusted PB Ratio is 1.44 as of Jul. 09, 2026, which is 13% above its 10-year median of 1.27. GuruFocus rates BOUYY with a GF Score™ of 66/100 and a GF Value™ of $8.18 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,357 Construction companies, Bouygues ranks worse than 59.76% on this metric.

As of today (2026-07-09), Bouygues's current share price is $10.5475. Bouygues's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.33. Bouygues's Cyclically Adjusted PB Ratio for today is 1.44.

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

BOUYY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.27   Max: 1.84
Current: 1.54

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.

BOUYY's Cyclically Adjusted PB Ratio is ranked worse than
59.76% of 1357 companies
in the Construction industry
Industry Median: 1.2 vs BOUYY: 1.54

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 Mar. 2026 was $7.822. 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 $7.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bouygues  (OTCPK:BOUYY) 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 1.21 1.01 1.17 0.95 1.44

Bouygues 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 1.21 1.26 1.25 1.44 1.58

BOUYY 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.


BOUYY
66GF Score
Bouygues BOUYY
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
=10.5475/7.33
=1.44

* 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 Mar. 2026 is calculated as:

For example, Bouygues'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)
=7.822/122.4300*122.4300
=7.822

Current CPI (Mar. 2026) = 122.4300.

Bouygues Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.662 100.630 5.672
201609 4.869 100.340 5.941
201612 4.839 100.650 5.886
201703 4.899 101.170 5.928
201706 4.958 101.320 5.991
201709 5.544 101.330 6.698
201712 5.844 101.850 7.025
201803 6.048 102.750 7.206
201806 5.501 103.370 6.515
201809 5.736 103.560 6.781
201812 5.899 103.470 6.980
201903 5.823 103.890 6.862
201906 5.595 104.580 6.550
201909 5.817 104.500 6.815
201912 6.088 104.980 7.100
202003 5.907 104.590 6.915
202006 5.959 104.790 6.962
202009 6.116 104.550 7.162
202012 6.647 104.960 7.753
202103 6.558 105.750 7.592
202106 6.491 106.340 7.473
202109 6.570 106.810 7.531
202112 6.632 107.850 7.529
202203 6.590 110.490 7.302
202206 6.363 112.550 6.922
202209 6.306 112.740 6.848
202212 6.951 114.160 7.455
202303 6.930 116.790 7.265
202306 6.798 117.650 7.074
202309 6.887 118.260 7.130
202312 7.156 118.390 7.400
202403 7.044 119.470 7.219
202406 6.758 120.200 6.883
202409 7.194 119.560 7.367
202412 7.066 119.950 7.212
202503 7.151 120.380 7.273
202506 7.309 121.360 7.373
202509 7.723 120.950 7.818
202512 7.946 120.900 8.047
202603 7.822 122.430 7.822

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 1.44 mean?
Bouygues (BOUYY) has a Cyclically Adjusted PB Ratio of 1.44 as of Jul. 09, 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 13% 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 #811 out of 1357 companies in the Construction industry, placing it in the top 59.8%.
Is Bouygues' Cyclically Adjusted PB Ratio too high?
Bouygues' current Cyclically Adjusted PB Ratio of 1.44 is 13% 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 1.20. Bouygues' value of 1.44 is 20% above this industry median. Based on the distribution chart, Bouygues ranks #811 out of 1357 companies in the Construction industry, which is below the industry midpoint. Overall, Bouygues has a GF Score™ of 66/100 and is considered Modestly Overvalued, 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 #811 out of 1357 companies for Cyclically Adjusted PB Ratio. This places Bouygues in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Bouygues' value of 1.44 is 20% 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 1.20, 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 1.20, based on 1,357 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 1.44 is 20% 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 1.20 — 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 1.44, which is 13% 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?
Based on GuruFocus' analysis, Bouygues (BOUYY) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.18, compared to a current price of $10.55 — trading 28.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.44, which is 13% above median its 10-year median of 1.27 and 20% above the Construction industry median of 1.20. Bouygues' overall GF Score™ is 66/100 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 Bouygues (BOUYY), the current Cyclically Adjusted PB Ratio is 1.44 as of Jul. 09, 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 (BOUYY) Overvalued in 2026?

Based on GuruFocus' analysis, Bouygues stock appears to be overvalued. The current stock price of $10.55 is trading 28.9% above its estimated GF Value™ of $8.18. GuruFocus considers Bouygues to be Modestly Overvalued.

Key valuation signals for BOUYY:

  • Cyclically Adjusted PB Ratio: 1.44 (13% above median its 10-year median of 1.27)
  • GF Value™: $8.18 vs. price of $10.55 (28.9% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 20% above the Construction median (#811 of 1357)

No single metric tells the full story. See the BOUYY 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.
66GF 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.

$10.55
Price
$8.18
GF Value