Sunbelt Rentals Holdings (LSE:AHT) Cyclically Adjusted PB Ratio: (As of Jul. 15, 2026)

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LSE:AHT Sunbelt Rentals Holdings Inc LSE:AHT
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What is Sunbelt Rentals Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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Sunbelt Rentals Holdings  (LSE:AHT) 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.


Sunbelt Rentals Holdings Cyclically Adjusted PB Ratio Related Terms


Sunbelt Rentals Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sunbelt Rentals Holdings'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.

Sunbelt Rentals Holdings Cyclically Adjusted PB Ratio Chart

Sunbelt Rentals Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 5.97

Sunbelt Rentals Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 5.97

LSE:AHT vs AER, UHAL, R: Cyclically Adjusted PB Ratio Comparison

For the Rental & Leasing Services subindustry, Sunbelt Rentals Holdings'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.


Sunbelt Rentals Holdings Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Sunbelt Rentals Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LSE:AHT
50GF Score
Sunbelt Rentals Holdings Inc LSE:AHT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunbelt Rentals Holdings 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.

Sunbelt Rentals Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Sunbelt Rentals Holdings's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=13.311/333.0200*333.0200
=13.311

Current CPI (Apr. 2026) = 333.0200.

Sunbelt Rentals Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201607 3.408 240.628 4.717
201610 3.680 241.729 5.070
201701 3.890 242.839 5.335
201704 4.526 244.524 6.164
201707 4.221 244.786 5.742
201710 4.270 246.663 5.765
201801 5.136 247.867 6.900
201804 5.028 250.546 6.683
201807 5.469 252.006 7.227
201810 5.670 252.885 7.467
201901 5.957 251.712 7.881
201904 5.931 255.548 7.729
201907 6.441 256.571 8.360
201910 6.448 257.346 8.344
202001 6.406 257.971 8.270
202004 6.717 256.389 8.725
202007 6.895 259.101 8.862
202010 6.918 260.388 8.848
202101 7.004 261.582 8.917
202104 7.271 267.054 9.067
202107 7.619 273.003 9.294
202110 7.769 276.589 9.354
202201 8.182 281.148 9.692
202204 8.794 289.109 10.130
202207 10.020 296.276 11.263
202210 10.756 298.012 12.020
202301 10.691 299.170 11.901
202304 11.027 303.363 12.105
202307 11.465 305.691 12.490
202310 12.204 307.671 13.209
202401 12.420 308.417 13.411
202404 12.972 313.548 13.778
202407 13.156 314.540 13.929
202410 13.167 315.664 13.891
202501 14.234 317.671 14.922
202504 13.779 320.795 14.304
202507 13.391 323.048 13.804
202510 13.227 0.000
202601 13.559 325.252 13.883
202604 13.311 333.020 13.311

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.


Sunbelt Rentals Holdings Business Description

Address 100 Cheapside, London, GBR, EC2V 6DT
Sunbelt Rentals (formerly UK-based Ashtead Group) is the number two equipment rental company in the US (11% market share), with a smaller presence in Canada and the UK. Sunbelt operates a rental fleet of just over $15 billion across a network of 1,200 stores in the US, nearly CAD 2 billion of fleet and 135 stores in Canada, and GBP 1.1 billion and 190 stores in the UK. The company has experienced rapid growth over the past decade as its customers increasingly turn to rental versus owning equipment outright. The general tool business has been augmented by the Specialty Rental business, which has grown to 30% of the mix. Revenue is now greater than 50% nonconstruction, with the remainder focused more directly on commercial construction.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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