ESOA (Energy Services of America) Cyclically Adjusted PB Ratio: 6.48 (As of Jul. 18, 2026) — 489% Above Median

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ESOA Energy Services of America Corp ESOA
82 GF Score
Price $16.00
GF Value $10.56
Valuation Significantly Overvalued
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What is Energy Services of America Cyclically Adjusted PB Ratio?

Energy Services of America ESOA -0.56% 82 Cyclically Adjusted PB Ratio is 6.48 as of Jul. 18, 2026, which is 489% above its 10-year median of 1.10. GuruFocus rates ESOA with a GF Score™ of 82/100 and a GF Value™ of $10.56 (Significantly Overvalued). Among 1,360 Construction companies, Energy Services of America ranks worse than 91.62% on this metric.

As of today (2026-07-18), Energy Services of America's current share price is $16.00. Energy Services of America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.47. Energy Services of America's Cyclically Adjusted PB Ratio for today is 6.48.

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: 1.1   Max: 7.67
Current: 6.47

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 1.10.

ESOA's Cyclically Adjusted PB Ratio is ranked worse than
91.62% of 1360 companies
in the Construction industry
Industry Median: 1.18 vs ESOA: 6.47

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 Mar. 2026 was $4.369. 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 $2.47 for the trailing ten years ended in Mar. 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
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 4.26 4.36 4.44 3.45 5.31

ESOA vs PHOE, MTRX, MCDIF: 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
82GF 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
=16.00/2.47
=6.48

* 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 Mar. 2026 is calculated as:

For example, Energy Services of America'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)
=4.369/330.2130*330.2130
=4.369

Current CPI (Mar. 2026) = 330.2130.

Energy Services of America Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.469 241.018 2.013
201609 1.582 241.428 2.164
201612 1.663 241.432 2.275
201703 1.636 243.801 2.216
201706 1.450 244.955 1.955
201709 1.484 246.819 1.985
201712 1.489 246.524 1.994
201803 1.417 249.554 1.875
201806 1.488 251.989 1.950
201809 1.640 252.439 2.145
201812 1.683 251.233 2.212
201903 1.599 254.202 2.077
201906 1.632 256.143 2.104
201909 1.771 256.759 2.278
201912 1.713 256.974 2.201
202003 1.597 258.115 2.043
202006 1.592 257.797 2.039
202009 1.896 260.280 2.405
202012 1.843 260.474 2.336
202103 1.741 264.877 2.170
202106 2.419 271.696 2.940
202109 1.810 274.310 2.179
202112 2.129 278.802 2.522
202203 2.093 287.504 2.404
202206 2.201 296.311 2.453
202209 1.694 296.808 1.885
202212 2.309 296.797 2.569
202303 1.539 301.836 1.684
202306 1.743 305.109 1.886
202309 2.088 307.789 2.240
202312 2.151 306.746 2.316
202403 2.085 312.332 2.204
202406 3.140 314.175 3.300
202409 3.542 315.301 3.710
202412 3.654 315.605 3.823
202503 3.217 319.799 3.322
202506 3.283 322.561 3.361
202509 3.544 324.800 3.603
202512 3.639 324.054 3.708
202603 4.369 330.213 4.369

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 6.48 mean?
Energy Services of America (ESOA) has a Cyclically Adjusted PB Ratio of 6.48 as of Jul. 18, 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 489% above median its historical median of 1.10. 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 #1246 out of 1360 companies in the Construction industry, placing it in the top 91.6%.
Is Energy Services of America's Cyclically Adjusted PB Ratio too high?
Energy Services of America's current Cyclically Adjusted PB Ratio of 6.48 is 489% above median its 10-year median of 1.10. 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 1.18. Energy Services of America's value of 6.48 is 449.2% above this industry median. Based on the distribution chart, Energy Services of America ranks #1246 out of 1360 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Energy Services of America has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energy Services of America's Cyclically Adjusted PB Ratio compare to PHOE and MTRX?
According to the Construction industry distribution chart, Energy Services of America ranks #1246 out of 1360 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 1.18. Energy Services of America's value of 6.48 is 449.2% 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 1.10 vs. the industry median of 1.18, 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 1.18, based on 1,360 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 6.48 is 449.2% 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 Energy Services of America and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.18 — 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 6.48, which is 489% above median its own 10-year median of 1.10. 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 Significantly Overvalued. The stock's GF Value™ is $10.56, compared to a current price of $16.00 — trading 51.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.48, which is 489% above median its 10-year median of 1.10 and 449.2% above the Construction industry median of 1.18. Energy Services of America's overall GF Score™ is 82/100. 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 6.48 as of Jul. 18, 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 $16.00 is trading 51.5% above its estimated GF Value™ of $10.56. GuruFocus considers Energy Services of America to be Significantly Overvalued.

Key valuation signals for ESOA:

  • Cyclically Adjusted PB Ratio: 6.48 (489% above median its 10-year median of 1.10)
  • GF Value™: $10.56 vs. price of $16.00 (51.5% above fair value)
  • GF Score™: 82/100
  • Industry Position: 449.2% above the Construction median (#1246 of 1360)

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.
82GF 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.

$16.00
Price
$10.56
GF Value