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Eagle Materials (FRA:E5M) Cyclically Adjusted PB Ratio : 8.43 (As of Apr. 30, 2024)


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What is Eagle Materials Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Eagle Materials's current share price is €236.00. Eagle Materials's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €27.99. Eagle Materials's Cyclically Adjusted PB Ratio for today is 8.43.

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

FRA:E5M' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.23   Med: 5.78   Max: 8.69
Current: 8.23

During the past years, Eagle Materials's highest Cyclically Adjusted PB Ratio was 8.69. The lowest was 2.23. And the median was 5.78.

FRA:E5M's Cyclically Adjusted PB Ratio is ranked worse than
93.38% of 287 companies
in the Building Materials industry
Industry Median: 1.04 vs FRA:E5M: 8.23

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.

Eagle Materials's adjusted book value per share data for the three months ended in Dec. 2023 was €35.461. 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 €27.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eagle Materials Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eagle Materials'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.

Eagle Materials Cyclically Adjusted PB Ratio Chart

Eagle Materials Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.39 2.83 5.88 4.80 4.95

Eagle Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.62 4.95 6.14 5.36 6.47

Competitive Comparison of Eagle Materials's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Eagle Materials'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.


Eagle Materials's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Eagle Materials's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Eagle Materials 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.

Eagle Materials's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=236.00/27.99
=8.43

* 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.

Eagle Materials's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Eagle Materials's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=35.461/129.4194*129.4194
=35.461

Current CPI (Dec. 2023) = 129.4194.

Eagle Materials Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.011 99.695 15.592
201406 12.740 100.560 16.396
201409 14.240 100.428 18.351
201412 15.695 99.070 20.503
201503 18.585 99.621 24.144
201506 18.547 100.684 23.840
201509 18.953 100.392 24.433
201512 19.537 99.792 25.337
201603 19.255 100.470 24.803
201606 19.430 101.688 24.729
201609 20.301 101.861 25.793
201612 22.786 101.863 28.950
201703 23.223 102.862 29.219
201706 23.009 103.349 28.813
201709 22.650 104.136 28.149
201712 24.590 104.011 30.597
201803 23.813 105.290 29.270
201806 25.575 106.317 31.132
201809 26.017 106.507 31.614
201812 27.001 105.998 32.967
201903 23.725 107.251 28.629
201906 21.757 108.070 26.055
201909 22.048 108.329 26.340
201912 19.393 108.420 23.149
202003 21.030 108.902 24.992
202006 22.711 108.767 27.023
202009 23.714 109.815 27.947
202012 24.719 109.897 29.110
202103 26.942 111.754 31.201
202106 27.429 114.631 30.967
202109 27.160 115.734 30.372
202112 27.201 117.630 29.927
202203 26.589 121.301 28.369
202206 28.054 125.017 29.042
202209 31.520 125.227 32.575
202212 30.358 125.222 31.376
202303 30.961 127.348 31.465
202306 32.247 128.729 32.420
202309 34.949 129.860 34.831
202312 35.461 129.419 35.461

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.


Eagle Materials  (FRA:E5M) 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.


Eagle Materials Cyclically Adjusted PB Ratio Related Terms

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


Eagle Materials (FRA:E5M) Business Description

Traded in Other Exchanges
Address
5960 Berkshire Lane, Suite 900, Dallas, TX, USA, 75225
Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include gypsum wallboard, and are sold to the construction and building industries. Basic materials used for oil and natural gas extraction include frac sand and oil well cement. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.

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