ESOA (Energy Services of America) Cyclically Adjusted PB Ratio: 4.44 (As of Sep. 03, 2026) — 293% Above Median

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ESOA Energy Services of America Corp ESOA
88 GF Score
Price $11.37
GF Value $11.23
Valuation Fairly Valued
! 2 Warning Signs
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What is Energy Services of America Cyclically Adjusted PB Ratio?

Energy Services of America ESOA -2.40% 88 Cyclically Adjusted PB Ratio is 4.44 as of Sep. 03, 2026, which is 293% above its 10-year median of 1.13. GuruFocus rates ESOA with a GF Score™ of 88/100 and a GF Value™ of $11.23 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,237 Construction companies, Energy Services of America ranks worse than 88.12% on this metric.

As of today (2026-09-03), Energy Services of America's current share price is $11.37. Energy Services of America's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $2.56. Energy Services of America's Cyclically Adjusted PB Ratio for today is 4.44.

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

ESOA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 1.13   Max: 7.67
Current: 4.55

During the past years, Energy Services of America's highest Cyclically Adjusted PB Ratio was 7.67. The lowest was 0.19. And the median was 1.13.

ESOA's Cyclically Adjusted PB Ratio is ranked worse than
88.12% of 1237 companies
in the Construction industry
Industry Median: 1.16 vs ESOA: 4.55

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.

Energy Services of America's adjusted book value per share data for the three months ended in Jun. 2026 was $4.506. 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 $2.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy Services of America  (NAS:ESOA) 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.


Energy Services of America Cyclically Adjusted PB Ratio Related Terms


Energy Services of America Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Energy Services of America'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.

Energy Services of America Cyclically Adjusted PB Ratio Chart

Energy Services of America Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.64 2.09 4.51 4.44

Energy Services of America 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 4.36 4.44 3.45 5.31 7.55

ESOA vs SHIM, MCDIF, MTRX: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Energy Services of America'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.


Energy Services of America Cyclically Adjusted PB Ratio vs Construction Industry

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

* The bar in red indicates where Energy Services of America's Cyclically Adjusted PB Ratio falls into.


ESOA
88GF Score
Energy Services of America Corp ESOA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energy Services of America 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.

Energy Services of America's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.37/2.56
=4.44

* 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.

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

For example, Energy Services of America'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)
=4.506/333.9520*333.9520
=4.506

Current CPI (Jun. 2026) = 333.9520.

Energy Services of America Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.582 241.428 2.188
201612 1.663 241.432 2.300
201703 1.636 243.801 2.241
201706 1.450 244.955 1.977
201709 1.484 246.819 2.008
201712 1.489 246.524 2.017
201803 1.417 249.554 1.896
201806 1.488 251.989 1.972
201809 1.640 252.439 2.170
201812 1.683 251.233 2.237
201903 1.599 254.202 2.101
201906 1.632 256.143 2.128
201909 1.771 256.759 2.303
201912 1.713 256.974 2.226
202003 1.597 258.115 2.066
202006 1.592 257.797 2.062
202009 1.896 260.280 2.433
202012 1.843 260.474 2.363
202103 1.741 264.877 2.195
202106 2.419 271.696 2.973
202109 1.810 274.310 2.204
202112 2.129 278.802 2.550
202203 2.093 287.504 2.431
202206 2.201 296.311 2.481
202209 1.694 296.808 1.906
202212 2.309 296.797 2.598
202303 1.539 301.836 1.703
202306 1.743 305.109 1.908
202309 2.088 307.789 2.265
202312 2.151 306.746 2.342
202403 2.085 312.332 2.229
202406 3.140 314.175 3.338
202409 3.542 315.301 3.752
202412 3.654 315.605 3.866
202503 3.217 319.799 3.359
202506 3.283 322.561 3.399
202509 3.544 324.800 3.644
202512 3.639 324.054 3.750
202603 4.369 330.213 4.418
202606 4.506 333.952 4.506

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 4.44 mean?
Energy Services of America (ESOA) has a Cyclically Adjusted PB Ratio of 4.44 as of Sep. 03, 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 Energy Services of America and its competitors. This is 293% above median its historical median of 1.13. Over the past decade, Energy Services of America's Cyclically Adjusted PB Ratio has ranged from 0.19 to 7.67. According to the industry distribution chart, Energy Services of America ranks #1090 out of 1237 companies in the Construction industry, placing it in the top 88.1%.
Is Energy Services of America's Cyclically Adjusted PB Ratio too high?
Energy Services of America's current Cyclically Adjusted PB Ratio of 4.44 is 293% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 7.67. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Energy Services of America's value of 4.44 is 282.8% above this industry median. Based on the distribution chart, Energy Services of America ranks #1090 out of 1237 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Energy Services of America has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Energy Services of America's Cyclically Adjusted PB Ratio compare to SHIM and MCDIF?
According to the Construction industry distribution chart, Energy Services of America ranks #1090 out of 1237 companies for Cyclically Adjusted PB Ratio. This places Energy Services of America in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Energy Services of America's value of 4.44 is 282.8% above this benchmark. Historically, Energy Services of America's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 7.67 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.16, Energy Services of America 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 1.16, based on 1,237 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. Energy Services of America's current Cyclically Adjusted PB Ratio of 4.44 is 282.8% 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 Energy Services of America and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Services of America's current Cyclically Adjusted PB Ratio is 4.44, which is 293% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Services of America stock overvalued right now?
Based on GuruFocus' analysis, Energy Services of America (ESOA) is currently considered Fairly Valued. The stock's GF Value™ is $11.23, compared to a current price of $11.37 — trading 1.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.44, which is 293% above median its 10-year median of 1.13 and 282.8% above the Construction industry median of 1.16. Energy Services of America's overall GF Score™ is 88/100 with 2 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 Energy Services of America (ESOA), the current Cyclically Adjusted PB Ratio is 4.44 as of Sep. 03, 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 Energy Services of America (ESOA) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Services of America stock appears to be overvalued. The current stock price of $11.37 is trading 1.2% above its estimated GF Value™ of $11.23. GuruFocus considers Energy Services of America to be Fairly Valued.

Key valuation signals for ESOA:

  • Cyclically Adjusted PB Ratio: 4.44 (293% above median its 10-year median of 1.13)
  • GF Value™: $11.23 vs. price of $11.37 (1.2% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 282.8% above the Construction median (#1090 of 1237)

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


Energy Services of America Business Description

Other Exchanges YF0:Germany
Address 75 West 3rd Avenue, Huntington, WV, USA, 25701
Energy Services of America Corporation is engaged in providing contracting services for energy-related companies. The company is predominantly engaged in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It services the gas, petroleum, power, chemical, and automotive industries and does incidental work such as water and sewer projects. Energy Service's other services include liquid pipeline construction, pump station construction, production facility construction, water and sewer pipeline installations, various maintenance and repair services, and other services related to pipeline construction.
88GF Score

Get the complete analysis for ESOA

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

$11.37
Price
$11.23
GF Value