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Bouygues (FRA:BYG) Cyclically Adjusted PB Ratio : 1.30 (As of May. 22, 2025)


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What is Bouygues Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Bouygues's current share price is €39.22. Bouygues's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €30.22. Bouygues's Cyclically Adjusted PB Ratio for today is 1.30.

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

FRA:BYG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.26   Max: 1.85
Current: 1.31

During the past years, Bouygues's highest Cyclically Adjusted PB Ratio was 1.85. The lowest was 0.95. And the median was 1.26.

FRA:BYG's Cyclically Adjusted PB Ratio is ranked worse than
56.67% of 1230 companies
in the Construction industry
Industry Median: 1.07 vs FRA:BYG: 1.31

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.

Bouygues's adjusted book value per share data for the three months ended in Mar. 2025 was €33.073. 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 €30.22 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bouygues Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bouygues'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.

Bouygues Cyclically Adjusted PB Ratio Chart

Bouygues 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 1.32 1.21 1.01 1.17 0.95

Bouygues 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 1.29 1.01 1.01 0.95 1.21

Competitive Comparison of Bouygues's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Bouygues'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.


Bouygues's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Bouygues 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.

Bouygues's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.22/30.22
=1.30

* 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.

Bouygues's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Bouygues'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)
=33.073/120.3800*120.3800
=33.073

Current CPI (Mar. 2025) = 120.3800.

Bouygues Quarterly Data

Book Value per Share CPI Adj_Book
201506 21.633 100.440 25.928
201509 22.287 99.950 26.843
201512 22.788 100.040 27.421
201603 21.866 100.020 26.317
201606 20.745 100.630 24.816
201609 21.691 100.340 26.023
201612 22.937 100.650 27.433
201703 22.903 101.170 27.252
201706 22.064 101.320 26.215
201709 23.257 101.330 27.629
201712 24.689 101.850 29.181
201803 24.523 102.750 28.731
201806 23.546 103.370 27.421
201809 24.579 103.560 28.571
201812 25.928 103.470 30.165
201903 25.767 103.890 29.857
201906 24.759 104.580 28.500
201909 26.410 104.500 30.423
201912 27.394 104.980 31.413
202003 26.727 104.590 30.762
202006 26.458 104.790 30.394
202009 25.961 104.550 29.892
202012 27.319 104.960 31.333
202103 27.543 105.750 31.353
202106 26.938 106.340 30.495
202109 27.924 106.810 31.472
202112 29.348 107.850 32.758
202203 29.919 110.490 32.597
202206 30.097 112.550 32.191
202209 31.847 112.740 34.005
202212 32.807 114.160 34.594
202303 32.365 116.790 33.360
202306 31.373 117.650 32.101
202309 32.264 118.260 32.842
202312 32.812 118.390 33.364
202403 32.401 119.470 32.648
202406 31.392 120.200 31.439
202409 32.411 119.560 32.633
202412 33.741 119.950 33.862
202503 33.073 120.380 33.073

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.


Bouygues  (FRA:BYG) 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.


Bouygues Cyclically Adjusted PB Ratio Related Terms

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


Bouygues Business Description

Industry
Traded in Other Exchanges
Address
32 avenue Hoche, Paris, FRA, 75008
Bouygues is a French conglomerate with a disparate range of assets: a construction business, a TV business, and a telecom business. It is one of the renowned construction companies in Europe with construction sales of around EUR 25 billion-EUR 30 billion and one of the four telecom operators in France, with both mobile and fixed operations and EUR 7.7 billion in telecom revenue in 2024. It is also the owner of TF1, one of the main media and TV companies in France.

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