Budimex (LTS:0LRV) Cyclically Adjusted PB Ratio: 12.75 (As of Aug. 07, 2026) — 43% Above Median

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LTS:0LRV Budimex SA LTS:0LRV
94 GF Score
Price zł626.40
GF Value zł524.09
! 7 Warning Signs
View Full Analysis

What is Budimex Cyclically Adjusted PB Ratio?

Budimex LTS:0LRV 94 Cyclically Adjusted PB Ratio is 12.75 as of Aug. 07, 2026, which is 43% above its 10-year median of 8.92. GuruFocus rates LTS:0LRV with a GF Score™ of 94/100 and a GF Value™ of zł524.09. The stock has 7 warning signs investors should review. Among 1,346 Construction companies, Budimex ranks worse than 97.1% on this metric.

As of today (2026-08-07), Budimex's current share price is zł626.40. Budimex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł49.13. Budimex's Cyclically Adjusted PB Ratio for today is 12.75.

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

LTS:0LRV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.12   Med: 8.92   Max: 17.62
Current: 14.14

During the past years, Budimex's highest Cyclically Adjusted PB Ratio was 17.62. The lowest was 4.12. And the median was 8.92.

LTS:0LRV's Cyclically Adjusted PB Ratio is ranked worse than
97.1% of 1346 companies
in the Construction industry
Industry Median: 1.14 vs LTS:0LRV: 14.14

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.

Budimex's adjusted book value per share data for the three months ended in Mar. 2026 was zł55.862. 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 zł49.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Budimex  (LTS:0LRV) 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.


Budimex Cyclically Adjusted PB Ratio Related Terms


Budimex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Budimex'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.

Budimex Cyclically Adjusted PB Ratio Chart

Budimex 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 7.22 7.26 14.25 9.78 12.76

Budimex 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 11.56 11.33 10.28 12.76 12.75

LTS:0LRV vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Budimex'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.


Budimex Cyclically Adjusted PB Ratio vs Construction Industry

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

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


LTS:0LRV
94GF Score
Budimex SA LTS:0LRV
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Budimex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=626.40/49.13
=12.75

* 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.

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

For example, Budimex'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)
=55.862/163.0700*163.0700
=55.862

Current CPI (Mar. 2026) = 163.0700.

Budimex Quarterly Data

Book Value per Share CPI Adj_Book
201606 21.046 99.552 34.474
201609 25.150 99.064 41.400
201612 31.390 100.366 51.001
201703 34.734 101.018 56.070
201706 24.038 101.180 38.742
201709 29.626 101.343 47.671
201712 34.526 102.564 54.894
201803 37.040 102.564 58.891
201806 21.994 103.378 34.694
201809 26.007 103.378 41.024
201812 29.116 103.785 45.748
201903 30.240 104.274 47.291
201906 25.645 105.983 39.459
201909 28.214 105.983 43.411
201912 31.655 107.123 48.188
202003 32.585 109.076 48.715
202006 31.441 109.402 46.865
202009 37.170 109.320 55.445
202012 45.020 109.565 67.005
202103 42.666 112.658 61.758
202106 56.450 113.960 80.777
202109 45.497 115.588 64.187
202112 51.674 119.088 70.758
202203 53.899 125.031 70.297
202206 36.112 131.705 44.712
202209 42.295 135.531 50.889
202212 49.290 139.113 57.778
202303 53.448 145.950 59.717
202306 41.942 147.009 46.524
202309 48.921 146.113 54.598
202312 59.961 147.741 66.182
202403 64.603 149.044 70.683
202406 35.083 150.997 37.888
202409 41.721 153.439 44.340
202412 48.268 154.660 50.893
202503 52.697 157.021 54.727
202506 33.418 157.509 34.598
202509 40.290 158.000 41.583
202512 52.333 158.320 53.903
202603 55.862 163.070 55.862

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 12.75 mean?
Budimex (LTS:0LRV) has a Cyclically Adjusted PB Ratio of 12.75 as of Aug. 07, 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 Budimex and its competitors. This is 43% above median its historical median of 8.92. Over the past decade, Budimex's Cyclically Adjusted PB Ratio has ranged from 4.12 to 17.62. According to the industry distribution chart, Budimex ranks #1307 out of 1346 companies in the Construction industry, placing it in the top 97.1%.
Is Budimex's Cyclically Adjusted PB Ratio too high?
Budimex's current Cyclically Adjusted PB Ratio of 12.75 is 43% above median its 10-year median of 8.92. Over the past 10 years, this metric has ranged from a low of 4.12 to a high of 17.62. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Budimex's value of 12.75 is 1018.4% above this industry median. Based on the distribution chart, Budimex ranks #1307 out of 1346 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Budimex has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Budimex's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Budimex ranks #1307 out of 1346 companies for Cyclically Adjusted PB Ratio. This places Budimex in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Budimex's value of 12.75 is 1018.4% above this benchmark. Historically, Budimex's own Cyclically Adjusted PB Ratio has ranged from 4.12 to 17.62 over the past decade. While the company's 10-year median is 8.92 vs. the industry median of 1.14, Budimex 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.14, based on 1,346 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. Budimex's current Cyclically Adjusted PB Ratio of 12.75 is 1018.4% 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 Budimex and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Budimex's current Cyclically Adjusted PB Ratio is 12.75, which is 43% above median its own 10-year median of 8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budimex stock overvalued right now?
Budimex (LTS:0LRV) has a current Cyclically Adjusted PB Ratio of 12.75. The stock's GF Value™ is zł524.09, compared to a current price of zł626.40 — trading 19.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.75, which is 43% above median its 10-year median of 8.92 and 1018.4% above the Construction industry median of 1.14. Budimex's overall GF Score™ is 94/100 with 7 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 Budimex (LTS:0LRV), the current Cyclically Adjusted PB Ratio is 12.75 as of Aug. 07, 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 Budimex (LTS:0LRV) Overvalued in 2026?

Based on GuruFocus' analysis, Budimex stock appears to be overvalued. The current stock price of zł626.40 is trading 19.5% above its estimated GF Value™ of zł524.09.

Key valuation signals for LTS:0LRV:

  • Cyclically Adjusted PB Ratio: 12.75 (43% above median its 10-year median of 8.92)
  • GF Value™: zł524.09 vs. price of zł626.40 (19.5% above fair value)
  • GF Score™: 94/100 with 7 warning signs
  • Industry Position: 1018.4% above the Construction median (#1307 of 1346)

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


Budimex Business Description

Other Exchanges BDX:PolandFBF:Germany
Address Siedmiogrodzka 9 Street, Warsaw, POL, 01-204
Budimex SA provides construction services, property development and management, and other systems to coordinate resources and construct complex structures. The company has two operating segments: Construction business and Service activities. The company generates a majority of its revenue from the Construction business segment, which covers the rendering of widely understood construction and assembly services at home and abroad. The segment of Service activities comprises comprehensive services in the field of municipal waste management, comprehensive road and lighting infrastructure maintenance, and technical operation (maintenance) of buildings. Geographically, the company generates maximum revenue from Poland, followed by Germany, Slovakia, Czechia, Latvia, and other EU countries.
94GF Score

Get the complete analysis for LTS:0LRV

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

zł626.40
Price
zł524.09
GF Value