Bird Construction (FRA:6LT) Cyclically Adjusted PB Ratio: 12.64 (As of Jul. 11, 2026) — 462% Above Median


FRA:6LT Bird Construction Inc FRA:6LT
64 GF Score
Price €41.20
GF Value €15.93
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Bird Construction Cyclically Adjusted PB Ratio?

Bird Construction FRA:6LT +0.39% 64 Cyclically Adjusted PB Ratio is 12.64 as of Jul. 11, 2026, which is 462% above its 10-year median of 2.25. GuruFocus rates FRA:6LT with a GF Score™ of 64/100 and a GF Value™ of €15.93 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,357 Construction companies, Bird Construction ranks worse than 95.95% on this metric.

As of today (2026-07-11), Bird Construction's current share price is €41.20. Bird Construction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €3.26. Bird Construction's Cyclically Adjusted PB Ratio for today is 12.64.

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

FRA:6LT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 2.25   Max: 12.01
Current: 12.01

During the past years, Bird Construction's highest Cyclically Adjusted PB Ratio was 12.01. The lowest was 1.00. And the median was 2.25.

FRA:6LT's Cyclically Adjusted PB Ratio is ranked worse than
95.95% of 1357 companies
in the Construction industry
Industry Median: 1.2 vs FRA:6LT: 12.01

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.

Bird Construction's adjusted book value per share data for the three months ended in Mar. 2026 was €4.911. 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 €3.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bird Construction  (FRA:6LT) 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.


Bird Construction Cyclically Adjusted PB Ratio Related Terms


Bird Construction Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bird Construction'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.

Bird Construction Cyclically Adjusted PB Ratio Chart

Bird Construction 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 2.32 1.82 3.12 5.36 5.45

Bird Construction 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 4.37 5.67 5.84 5.45 7.41

FRA:6LT vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Bird Construction'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.


Bird Construction Cyclically Adjusted PB Ratio vs Construction Industry

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

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


FRA:6LT
64GF Score
Bird Construction Inc FRA:6LT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bird Construction 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.

Bird Construction's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.20/3.26
=12.64

* 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.

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

For example, Bird Construction'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)
=4.911/132.2623*132.2623
=4.911

Current CPI (Mar. 2026) = 132.2623.

Bird Construction Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.726 102.002 3.535
201609 2.651 101.765 3.445
201612 2.700 101.449 3.520
201703 2.600 102.634 3.351
201706 2.466 103.029 3.166
201709 2.540 103.345 3.251
201712 2.394 103.345 3.064
201803 2.113 105.004 2.662
201806 2.052 105.557 2.571
201809 2.072 105.636 2.594
201812 2.096 105.399 2.630
201903 1.925 106.979 2.380
201906 1.896 107.690 2.329
201909 1.995 107.611 2.452
201912 2.053 107.769 2.520
202003 1.901 107.927 2.330
202006 1.944 108.401 2.372
202009 2.372 108.164 2.900
202012 2.572 108.559 3.134
202103 2.734 110.298 3.278
202106 2.889 111.720 3.420
202109 2.982 112.905 3.493
202112 3.135 113.774 3.644
202203 3.272 117.646 3.679
202206 3.489 120.806 3.820
202209 3.708 120.648 4.065
202212 3.533 120.964 3.863
202303 3.473 122.702 3.744
202306 3.636 124.203 3.872
202309 3.919 125.230 4.139
202312 4.099 125.072 4.335
202403 4.137 126.258 4.334
202406 4.301 127.522 4.461
202409 4.909 127.285 5.101
202412 5.208 127.364 5.408
202503 4.982 129.181 5.101
202506 5.008 129.892 5.099
202509 5.086 130.287 5.163
202512 4.827 130.366 4.897
202603 4.911 132.262 4.911

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 12.64 mean?
Bird Construction (FRA:6LT) has a Cyclically Adjusted PB Ratio of 12.64 as of Jul. 11, 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 Bird Construction and its competitors. This is 462% above median its historical median of 2.25. Over the past decade, Bird Construction's Cyclically Adjusted PB Ratio has ranged from 1.00 to 12.01. According to the industry distribution chart, Bird Construction ranks #1302 out of 1357 companies in the Construction industry, placing it in the top 95.9%.
Is Bird Construction's Cyclically Adjusted PB Ratio too high?
Bird Construction's current Cyclically Adjusted PB Ratio of 12.64 is 462% above median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 12.01. The Construction industry median Cyclically Adjusted PB Ratio is 1.20. Bird Construction's value of 12.64 is 953.3% above this industry median. Based on the distribution chart, Bird Construction ranks #1302 out of 1357 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Bird Construction has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bird Construction's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Bird Construction ranks #1302 out of 1357 companies for Cyclically Adjusted PB Ratio. This places Bird Construction in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Bird Construction's value of 12.64 is 953.3% above this benchmark. Historically, Bird Construction's own Cyclically Adjusted PB Ratio has ranged from 1.00 to 12.01 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.20, Bird Construction 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. Bird Construction's current Cyclically Adjusted PB Ratio of 12.64 is 953.3% 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 Bird Construction 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. Bird Construction's current Cyclically Adjusted PB Ratio is 12.64, which is 462% above median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bird Construction stock overvalued right now?
Based on GuruFocus' analysis, Bird Construction (FRA:6LT) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.93, compared to a current price of €41.20 — trading 158.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.64, which is 462% above median its 10-year median of 2.25 and 953.3% above the Construction industry median of 1.20. Bird Construction's overall GF Score™ is 64/100 with 8 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 Bird Construction (FRA:6LT), the current Cyclically Adjusted PB Ratio is 12.64 as of Jul. 11, 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 Bird Construction (FRA:6LT) Overvalued in 2026?

Based on GuruFocus' analysis, Bird Construction stock appears to be overvalued. The current stock price of €41.20 is trading 158.6% above its estimated GF Value™ of €15.93. GuruFocus considers Bird Construction to be Significantly Overvalued.

Key valuation signals for FRA:6LT:

  • Cyclically Adjusted PB Ratio: 12.64 (462% above median its 10-year median of 2.25)
  • GF Value™: €15.93 vs. price of €41.20 (158.6% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 953.3% above the Construction median (#1302 of 1357)

No single metric tells the full story. See the FRA:6LT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bird Construction Business Description

Address 5700 Explorer Drive, Suite 400, Mississauga, ON, CAN, L4W 0C6
Bird Construction Inc. is a construction company operating from coast to coast and servicing all Canada's markets. The group provides a comprehensive range of construction services, self-perform capabilities, and solutions to the industrial, buildings, and infrastructure markets. The Company uses a variety of contract delivery methods including construction management, cost reimbursable, integrated project delivery (IPD), alliance agreement, progressive design-build - target price, progressive design build, design-build finance, design-build, stipulated sum, unit price, and public private partnership (PPP) contract delivery methods.
64GF Score

Get the complete analysis for FRA:6LT

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

€41.20
Price
€15.93
GF Value