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L.B. Foster Co (FRA:LB1A) Cyclically Adjusted PB Ratio : 1.27 (As of May. 26, 2024)


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What is L.B. Foster Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), L.B. Foster Co's current share price is €25.80. L.B. Foster Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.29. L.B. Foster Co's Cyclically Adjusted PB Ratio for today is 1.27.

The historical rank and industry rank for L.B. Foster Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:LB1A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.72   Max: 2.55
Current: 1.29

During the past years, L.B. Foster Co's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.36. And the median was 0.72.

FRA:LB1A's Cyclically Adjusted PB Ratio is ranked worse than
50.64% of 707 companies
in the Transportation industry
Industry Median: 1.26 vs FRA:LB1A: 1.29

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.

L.B. Foster Co's adjusted book value per share data for the three months ended in Mar. 2024 was €12.330. 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 €20.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


L.B. Foster Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for L.B. Foster Co'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.

L.B. Foster Co Cyclically Adjusted PB Ratio Chart

L.B. Foster Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.61 0.56 0.40 0.99

L.B. Foster Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.48 0.61 0.82 0.99 1.24

Competitive Comparison of L.B. Foster Co's Cyclically Adjusted PB Ratio

For the Railroads subindustry, L.B. Foster Co'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.


L.B. Foster Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, L.B. Foster Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where L.B. Foster Co's Cyclically Adjusted PB Ratio falls into.



L.B. Foster Co 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.

L.B. Foster Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.80/20.29
=1.27

* 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.

L.B. Foster Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, L.B. Foster Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.33/131.7762*131.7762
=12.330

Current CPI (Mar. 2024) = 131.7762.

L.B. Foster Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.557 100.560 30.870
201409 25.350 100.428 33.263
201412 26.596 99.070 35.376
201503 30.159 99.621 39.894
201506 29.840 100.684 39.055
201509 24.513 100.392 32.176
201512 25.403 99.792 33.545
201603 24.441 100.470 32.057
201606 15.910 101.688 20.618
201609 15.290 101.861 19.780
201612 12.249 101.863 15.846
201703 11.926 102.862 15.278
201706 11.833 103.349 15.088
201709 11.669 104.136 14.766
201712 12.625 104.011 15.995
201803 11.408 105.290 14.278
201806 12.323 106.317 15.274
201809 12.822 106.507 15.864
201812 10.355 105.998 12.873
201903 10.825 107.251 13.300
201906 11.570 108.070 14.108
201909 12.083 108.329 14.698
201912 14.668 108.420 17.828
202003 13.936 108.902 16.863
202006 13.779 108.767 16.694
202009 13.934 109.815 16.721
202012 13.760 109.897 16.499
202103 13.980 111.754 16.485
202106 14.084 114.631 16.190
202109 14.536 115.734 16.551
202112 15.186 117.630 17.012
202203 15.362 121.301 16.689
202206 15.917 125.017 16.778
202209 16.495 125.227 17.358
202212 12.016 125.222 12.645
202303 11.804 127.348 12.214
202306 12.134 128.729 12.421
202309 12.299 129.860 12.481
202312 12.141 129.419 12.362
202403 12.330 131.776 12.330

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.


L.B. Foster Co  (FRA:LB1A) 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.


L.B. Foster Co Cyclically Adjusted PB Ratio Related Terms

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


L.B. Foster Co (FRA:LB1A) Business Description

Industry
Traded in Other Exchanges
Address
415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220
L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.

L.B. Foster Co (FRA:LB1A) Headlines

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