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ACS Actividades de Construccion y Servicios (CHIX:ACSE) Cyclically Adjusted PB Ratio : 3.32 (As of Jun. 03, 2025)


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What is ACS Actividades de Construccion y Servicios Cyclically Adjusted PB Ratio?

As of today (2025-06-03), ACS Actividades de Construccion y Servicios's current share price is €57.775. ACS Actividades de Construccion y Servicios's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €17.41. ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio for today is 3.32.

The historical rank and industry rank for ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio or its related term are showing as below:

CHIX:ACSe' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.53   Max: 3.85
Current: 3.46

During the past years, ACS Actividades de Construccion y Servicios's highest Cyclically Adjusted PB Ratio was 3.85. The lowest was 1.23. And the median was 2.53.

CHIX:ACSe's Cyclically Adjusted PB Ratio is ranked worse than
83.7% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs CHIX:ACSe: 3.46

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.

ACS Actividades de Construccion y Servicios's adjusted book value per share data for the three months ended in Mar. 2025 was €17.659. 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 €17.41 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACS Actividades de Construccion y Servicios Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ACS Actividades de Construccion y Servicios'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.

ACS Actividades de Construccion y Servicios Cyclically Adjusted PB Ratio Chart

ACS Actividades de Construccion y Servicios 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 2.47 1.92 1.87 2.58 2.92

ACS Actividades de Construccion y Servicios 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 2.44 2.48 2.56 2.92 3.15

Competitive Comparison of ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, ACS Actividades de Construccion y Servicios'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.


ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio falls into.


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ACS Actividades de Construccion y Servicios 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.

ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=57.775/17.41
=3.32

* 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.

ACS Actividades de Construccion y Servicios's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ACS Actividades de Construccion y Servicios'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)
=17.659/125.5305*125.5305
=17.659

Current CPI (Mar. 2025) = 125.5305.

ACS Actividades de Construccion y Servicios Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.409 101.138 14.161
201509 11.657 99.559 14.698
201512 11.225 100.268 14.053
201603 10.252 98.638 13.047
201606 10.321 100.333 12.913
201609 10.780 99.737 13.568
201612 11.531 101.842 14.213
201703 12.556 100.896 15.622
201706 11.809 101.848 14.555
201709 12.204 101.524 15.090
201712 6.764 102.975 8.246
201803 8.280 102.122 10.178
201806 7.255 104.165 8.743
201809 8.464 103.818 10.234
201812 14.109 104.193 16.998
201903 14.496 103.488 17.584
201906 13.150 104.612 15.780
201909 14.328 103.905 17.310
201912 14.578 105.015 17.426
202003 13.519 103.469 16.402
202006 12.283 104.254 14.790
202009 12.593 103.521 15.270
202012 12.418 104.456 14.923
202103 13.083 104.857 15.662
202106 12.415 107.102 14.551
202109 11.997 107.669 13.987
202112 22.968 111.298 25.905
202203 23.761 115.153 25.902
202206 22.497 118.044 23.924
202209 22.043 117.221 23.606
202212 21.480 117.650 22.919
202303 21.241 118.948 22.416
202306 20.462 120.278 21.355
202309 19.287 121.343 19.953
202312 20.450 121.300 21.163
202403 19.834 122.762 20.281
202406 18.430 124.409 18.596
202409 17.115 123.121 17.450
202412 18.502 124.753 18.617
202503 17.659 125.531 17.659

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.


ACS Actividades de Construccion y Servicios  (CHIX:ACSe) 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.


ACS Actividades de Construccion y Servicios Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of ACS Actividades de Construccion y Servicios's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ACS Actividades de Construccion y Servicios Business Description

Address
102, Avenida Pio XII, Madrid, ESP, 28036
ACS Actividades de Construccion y Servicios SA completes construction and service activities for infrastructure and energy projects. In addition to infrastructure-related developments, the company constructs buildings and projects related to the mining sector. It has four operating segments: construction (majority of total revenue), Concessions, Services (which offers comprehensive maintenance services for buildings, public places and organisations) and corporate. Its services revolve around industrial engineering and operating energy, industrial, and mobility infrastructures. Additional sales are generated from aftermarket services and contracts to perform upkeep on existing structures. Approximately half of total revenue derives from the Americas.

ACS Actividades de Construccion y Servicios Headlines

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