Vulcan Materials Co (LTS:0LRK) Cyclically Adjusted PB Ratio: 4.91 (As of Jul. 24, 2026) — 22% Above Median

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LTS:0LRK Vulcan Materials Co LTS:0LRK
94 GF Score
Price $274.45
GF Value $277.35
Valuation Fairly Valued
! 2 Warning Signs
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What is Vulcan Materials Co Cyclically Adjusted PB Ratio?

Vulcan Materials Co LTS:0LRK -1.62% 94 Cyclically Adjusted PB Ratio is 4.91 as of Jul. 24, 2026, which is 22% above its 10-year median of 4.04. GuruFocus rates LTS:0LRK with a GF Score™ of 94/100 and a GF Value™ of $277.35 (Fairly Valued). The stock has 2 warning signs investors should review. Among 324 Building Materials companies, Vulcan Materials Co ranks worse than 90.43% on this metric.

As of today (2026-07-24), Vulcan Materials Co's current share price is $274.45. Vulcan Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $55.91. Vulcan Materials Co's Cyclically Adjusted PB Ratio for today is 4.91.

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

LTS:0LRK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.36   Med: 4.04   Max: 6.01
Current: 4.9

During the past years, Vulcan Materials Co's highest Cyclically Adjusted PB Ratio was 6.01. The lowest was 2.36. And the median was 4.04.

LTS:0LRK's Cyclically Adjusted PB Ratio is ranked worse than
90.43% of 324 companies
in the Building Materials industry
Industry Median: 1.02 vs LTS:0LRK: 4.90

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.

Vulcan Materials Co's adjusted book value per share data for the three months ended in Mar. 2026 was $64.860. 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 $55.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vulcan Materials Co  (LTS:0LRK) 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.


Vulcan Materials Co Cyclically Adjusted PB Ratio Related Terms


Vulcan Materials Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vulcan Materials 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.

Vulcan Materials Co Cyclically Adjusted PB Ratio Chart

Vulcan Materials Co 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 5.08 3.90 4.73 5.03 5.23

Vulcan Materials Co 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 4.46 4.90 5.68 5.23 4.86

LTS:0LRK vs MLM, JHX, EXP: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Vulcan Materials 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.


Vulcan Materials Co Cyclically Adjusted PB Ratio vs Building Materials Industry

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

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


LTS:0LRK
94GF Score
Vulcan Materials Co LTS:0LRK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vulcan Materials 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=274.45/55.91
=4.91

* 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.

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

For example, Vulcan Materials Co'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)
=64.86/330.2130*330.2130
=64.860

Current CPI (Mar. 2026) = 330.2130.

Vulcan Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 33.672 241.018 46.133
201609 34.041 241.428 46.560
201612 34.551 241.432 47.256
201703 34.191 243.801 46.310
201706 34.817 244.955 46.935
201709 35.418 246.819 47.385
201712 37.551 246.524 50.299
201803 37.140 249.554 49.144
201806 37.958 251.989 49.741
201809 38.970 252.439 50.976
201812 39.487 251.233 51.901
201903 39.504 254.202 51.316
201906 40.622 256.143 52.369
201909 41.876 256.759 53.856
201912 42.470 256.974 54.574
202003 42.212 258.115 54.003
202006 43.521 257.797 55.746
202009 44.758 260.280 56.784
202012 45.484 260.474 57.662
202103 46.254 264.877 57.663
202106 47.431 271.696 57.647
202109 48.424 274.310 58.293
202112 49.322 278.802 58.417
202203 49.476 287.504 56.826
202206 50.573 296.311 56.359
202209 51.585 296.808 57.391
202212 52.134 296.797 58.004
202303 52.494 301.836 57.429
202306 54.196 305.109 58.655
202309 55.986 307.789 60.065
202312 56.650 306.746 60.984
202403 56.659 312.332 59.903
202406 58.329 314.175 61.307
202409 59.587 315.301 62.405
202412 61.476 315.605 64.321
202503 61.575 319.799 63.580
202506 63.689 322.561 65.200
202509 66.168 324.800 67.271
202512 65.276 324.054 66.517
202603 64.860 330.213 64.860

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 4.91 mean?
Vulcan Materials Co (LTS:0LRK) has a Cyclically Adjusted PB Ratio of 4.91 as of Jul. 24, 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 Vulcan Materials Co and its competitors. This is 22% above median its historical median of 4.04. Over the past decade, Vulcan Materials Co's Cyclically Adjusted PB Ratio has ranged from 2.36 to 6.01. According to the industry distribution chart, Vulcan Materials Co ranks #293 out of 324 companies in the Building Materials industry, placing it in the top 90.4%.
Is Vulcan Materials Co's Cyclically Adjusted PB Ratio too high?
Vulcan Materials Co's current Cyclically Adjusted PB Ratio of 4.91 is 22% above median its 10-year median of 4.04. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 6.01. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.02. Vulcan Materials Co's value of 4.91 is 381.4% above this industry median. Based on the distribution chart, Vulcan Materials Co ranks #293 out of 324 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Vulcan Materials Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Materials Co's Cyclically Adjusted PB Ratio compare to MLM and JHX?
According to the Building Materials industry distribution chart, Vulcan Materials Co ranks #293 out of 324 companies for Cyclically Adjusted PB Ratio. This places Vulcan Materials Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Vulcan Materials Co's value of 4.91 is 381.4% above this benchmark. Historically, Vulcan Materials Co's own Cyclically Adjusted PB Ratio has ranged from 2.36 to 6.01 over the past decade. While the company's 10-year median is 4.04 vs. the industry median of 1.02, Vulcan Materials Co 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 1.02, based on 324 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. Vulcan Materials Co's current Cyclically Adjusted PB Ratio of 4.91 is 381.4% 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 Vulcan Materials Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Materials Co's current Cyclically Adjusted PB Ratio is 4.91, which is 22% above median its own 10-year median of 4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Materials Co (LTS:0LRK) is currently considered Fairly Valued. The stock's GF Value™ is $277.35, compared to a current price of $274.45 — trading 1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.91, which is 22% above median its 10-year median of 4.04 and 381.4% above the Building Materials industry median of 1.02. Vulcan Materials Co's overall GF Score™ is 94/100 with 2 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 Vulcan Materials Co (LTS:0LRK), the current Cyclically Adjusted PB Ratio is 4.91 as of Jul. 24, 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 Vulcan Materials Co (LTS:0LRK) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Materials Co stock appears to be undervalued. The current stock price of $274.45 is trading 1% below its estimated GF Value™ of $277.35. GuruFocus considers Vulcan Materials Co to be Fairly Valued.

Key valuation signals for LTS:0LRK:

  • Cyclically Adjusted PB Ratio: 4.91 (22% above median its 10-year median of 4.04)
  • GF Value™: $277.35 vs. price of $274.45 (1% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 381.4% above the Building Materials median (#293 of 324)

No single metric tells the full story. See the LTS:0LRK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vulcan Materials Co Business Description

Address 1200 Urban Center Drive, Birmingham, AL, USA, 35242
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2024, Vulcan sold 219.9 million tons of aggregates, 13.6 million tons of asphalt mix, and 3.6 million cubic yards of ready-mix. As of Dec. 31, 2024, the company had 16.5 billion tons of aggregate reserves.
94GF Score

Get the complete analysis for LTS:0LRK

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

$274.45
Price
$277.35
GF Value