FER (Ferrovial NV) Cyclically Adjusted PB Ratio: (As of Jul. 12, 2026)


FER Ferrovial NV FER
83 GF Score
Price $64.28
GF Value $52.85
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ferrovial NV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferrovial NV  (NAS:FER) 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.


Ferrovial NV Cyclically Adjusted PB Ratio Related Terms


Ferrovial NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ferrovial NV'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.

Ferrovial NV Cyclically Adjusted PB Ratio Chart

Ferrovial NV 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 0.00 0.00 4.21 5.10 7.14

Ferrovial NV Quarterly Data
Mar21 Jun21 Sep21 Dec21 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 0.00 5.90 0.00 7.14 0.00

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

For the Engineering & Construction subindustry, Ferrovial NV'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.


Ferrovial NV Cyclically Adjusted PB Ratio vs Construction Industry

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

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


FER
83GF Score
Ferrovial NV FER
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferrovial NV 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.

Ferrovial NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ferrovial NV'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)
=0/136.9100*136.9100
=0.000

Current CPI (Mar. 2026) = 136.9100.

Ferrovial NV Quarterly Data

Book Value per Share CPI Adj_Book
201603 9.246 100.310 12.620
201606 8.983 100.260 12.267
201609 8.518 100.570 11.596
201612 8.090 100.710 10.998
201703 8.147 101.440 10.996
201706 8.092 101.370 10.929
201709 8.382 102.030 11.247
201712 8.920 101.970 11.976
201803 8.836 102.470 11.806
201806 8.415 103.100 11.175
201809 8.592 103.950 11.316
201812 7.050 103.970 9.284
201903 6.857 105.370 8.909
201906 6.648 105.840 8.600
201909 6.214 106.700 7.973
201912 6.534 106.800 8.376
202003 6.125 106.850 7.848
202006 5.656 107.510 7.203
202009 5.374 107.880 6.820
202012 5.233 107.850 6.643
202103 5.224 108.870 6.569
202106 5.011 109.670 6.256
202109 4.919 110.790 6.079
202112 6.264 114.010 7.522
202206 5.920 119.050 6.808
202209 5.559 126.890 5.998
202212 5.999 124.940 6.574
202303 0.000 124.720 0.000
202306 5.516 125.830 6.002
202309 5.396 127.160 5.810
202312 5.579 126.450 6.040
202403 0.000 128.580 0.000
202406 5.562 129.910 5.862
202409 0.000 131.610 0.000
202412 8.813 131.630 9.167
202503 0.000 133.330 0.000
202506 9.456 133.960 9.664
202509 0.000 135.920 0.000
202512 9.600 135.270 9.716
202603 0.000 136.910 0.000

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.

Is Ferrovial NV (FER) Overvalued in 2026?

Based on GuruFocus' analysis, Ferrovial NV stock appears to be overvalued. The current stock price of $64.28 is trading 21.6% above its estimated GF Value™ of $52.85. GuruFocus considers Ferrovial NV to be Modestly Overvalued.

Key valuation signals for FER:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $52.85 vs. price of $64.28 (21.6% above fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Ferrovial NV Business Description

Address Gustav Mahlerplein 61-63, Symphony Towers, 14th Floor, Amsterdam, NH, NLD, 1082 MS
Ferrovial is a global transportation infrastructure investor, developer, and operator, with a strong presence in North American toll roads. In recent years, it shifted its portfolio toward North America and India, and lowered its exposure to Europe (including selling its stake in Heathrow Airport). The jewels in its crown include its stake in the 99-year lease to operate the Highway 407 ETR toll road in Toronto and its concession to develop and operate New Terminal One at JFK until 2060.
83GF Score

Get the complete analysis for FER

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

$64.28
Price
$52.85
GF Value