Advanced Drainage Systems (MEX:WMS) Cyclically Adjusted PB Ratio: 9.02 (As of Jul. 13, 2026) — 50% Below Median


MEX:WMS Advanced Drainage Systems Inc MEX:WMS
61 GF Score
Price MXN2,100.00
GF Value MXN2,907.42
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Advanced Drainage Systems Cyclically Adjusted PB Ratio?

Advanced Drainage Systems MEX:WMS 61 Cyclically Adjusted PB Ratio is 9.02 as of Jul. 13, 2026, which is 50% below its 10-year median of 18.03. GuruFocus rates MEX:WMS with a GF Score™ of 61/100 and a GF Value™ of MXN2,907.42 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,359 Construction companies, Advanced Drainage Systems ranks worse than 96.39% on this metric.

As of today (2026-07-13), Advanced Drainage Systems's current share price is MXN2100.00. Advanced Drainage Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN232.92. Advanced Drainage Systems's Cyclically Adjusted PB Ratio for today is 9.02.

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

MEX:WMS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11   Med: 18.03   Max: 30.65
Current: 12.72

During the past years, Advanced Drainage Systems's highest Cyclically Adjusted PB Ratio was 30.65. The lowest was 11.00. And the median was 18.03.

MEX:WMS's Cyclically Adjusted PB Ratio is ranked worse than
96.39% of 1359 companies
in the Construction industry
Industry Median: 1.19 vs MEX:WMS: 12.72

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.

Advanced Drainage Systems's adjusted book value per share data for the three months ended in Mar. 2026 was MXN451.451. 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 MXN232.92 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Drainage Systems  (MEX:WMS) 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.


Advanced Drainage Systems Cyclically Adjusted PB Ratio Related Terms


Advanced Drainage Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Advanced Drainage Systems'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.

Advanced Drainage Systems Cyclically Adjusted PB Ratio Chart

Advanced Drainage Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 17.87 26.83 12.19 11.59

Advanced Drainage Systems 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 12.19 11.96 13.43 13.19 11.59

MEX:WMS vs SPXC, OC, AAON: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Advanced Drainage Systems'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.


Advanced Drainage Systems Cyclically Adjusted PB Ratio vs Construction Industry

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

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


MEX:WMS
61GF Score
Advanced Drainage Systems Inc MEX:WMS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced Drainage Systems 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.

Advanced Drainage Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2100.00/232.92
=9.02

* 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.

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

For example, Advanced Drainage Systems'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)
=451.451/330.2130*330.2130
=451.451

Current CPI (Mar. 2026) = 330.2130.

Advanced Drainage Systems Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.870 241.018 2.562
201609 10.081 241.428 13.788
201612 13.145 241.432 17.979
201703 8.332 243.801 11.285
201706 17.987 244.955 24.247
201709 25.471 246.819 34.077
201712 41.593 246.524 55.713
201803 37.775 249.554 49.984
201806 52.875 251.989 69.289
201809 61.369 252.439 80.276
201812 67.628 251.233 88.888
201903 68.836 254.202 89.419
201906 55.675 256.143 71.775
201909 135.816 256.759 174.670
201912 138.746 256.974 178.289
202003 170.244 258.115 217.797
202006 193.600 257.797 247.983
202009 212.989 260.280 270.216
202012 213.982 260.474 271.273
202103 230.986 264.877 287.962
202106 217.797 271.696 264.705
202109 201.760 274.310 242.878
202112 228.534 278.802 270.676
202203 245.907 287.504 282.437
202206 282.312 296.311 314.612
202209 290.260 296.808 322.928
202212 263.613 296.797 293.293
202303 223.150 301.836 244.129
202306 238.194 305.109 257.792
202309 258.924 307.789 277.788
202312 262.245 306.746 282.308
202403 270.055 312.332 285.516
202406 322.765 314.175 339.242
202409 374.633 315.301 392.351
202412 415.910 315.605 435.161
202503 426.774 319.799 440.672
202506 458.086 322.561 468.953
202509 481.932 324.800 489.964
202512 494.522 324.054 503.921
202603 451.451 330.213 451.451

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 9.02 mean?
Advanced Drainage Systems (MEX:WMS) has a Cyclically Adjusted PB Ratio of 9.02 as of Jul. 13, 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 Advanced Drainage Systems and its competitors. This is 50% below median its historical median of 18.03. Over the past decade, Advanced Drainage Systems' Cyclically Adjusted PB Ratio has ranged from 11.00 to 30.65. According to the industry distribution chart, Advanced Drainage Systems ranks #1310 out of 1359 companies in the Construction industry, placing it in the top 96.4%.
Is Advanced Drainage Systems' Cyclically Adjusted PB Ratio too high?
Advanced Drainage Systems' current Cyclically Adjusted PB Ratio of 9.02 is 50% below median its 10-year median of 18.03. Over the past 10 years, this metric has ranged from a low of 11.00 to a high of 30.65. The Construction industry median Cyclically Adjusted PB Ratio is 1.19. Advanced Drainage Systems' value of 9.02 is 658% above this industry median. Based on the distribution chart, Advanced Drainage Systems ranks #1310 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Advanced Drainage Systems has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Drainage Systems' Cyclically Adjusted PB Ratio compare to SPXC and OC?
According to the Construction industry distribution chart, Advanced Drainage Systems ranks #1310 out of 1359 companies for Cyclically Adjusted PB Ratio. This places Advanced Drainage Systems in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Advanced Drainage Systems' value of 9.02 is 658% above this benchmark. Historically, Advanced Drainage Systems' own Cyclically Adjusted PB Ratio has ranged from 11.00 to 30.65 over the past decade. While the company's 10-year median is 18.03 vs. the industry median of 1.19, Advanced Drainage Systems 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 1.19, based on 1,359 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. Advanced Drainage Systems's current Cyclically Adjusted PB Ratio of 9.02 is 658% 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 Advanced Drainage Systems and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Drainage Systems's current Cyclically Adjusted PB Ratio is 9.02, which is 50% below median its own 10-year median of 18.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Drainage Systems stock overvalued right now?
Based on GuruFocus' analysis, Advanced Drainage Systems (MEX:WMS) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN2,907.42, compared to a current price of MXN2,100.00 — trading 27.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.02, which is 50% below median its 10-year median of 18.03 and 658% above the Construction industry median of 1.19. Advanced Drainage Systems' overall GF Score™ is 61/100 with 3 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 Advanced Drainage Systems (MEX:WMS), the current Cyclically Adjusted PB Ratio is 9.02 as of Jul. 13, 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 Advanced Drainage Systems (MEX:WMS) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Drainage Systems stock appears to be undervalued. The current stock price of MXN2,100.00 is trading 27.8% below its estimated GF Value™ of MXN2,907.42. GuruFocus considers Advanced Drainage Systems to be Modestly Undervalued.

Key valuation signals for MEX:WMS:

  • Cyclically Adjusted PB Ratio: 9.02 (50% below median its 10-year median of 18.03)
  • GF Value™: MXN2,907.42 vs. price of MXN2,100.00 (27.8% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 658% above the Construction median (#1310 of 1359)

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


Advanced Drainage Systems Business Description

Other Exchanges WMS:USA6DA:Germany
Address 4024 Green Stripe Lane, Hilliard, OH, USA, 43026
Advanced Drainage Systems Inc designs, manufactures and markets water management solutions in the stormwater and onsite wastewater industries, providing superior drainage solutions for use in the construction and agriculture markets. The company's products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. It has two reportable segments: Stormwater and Wastewater. It derives the majority of revenue from the Stormwater segment, which manufactures and markets thermoplastic corrugated pipe and complementary products, including single wall pipe, N-12 HDPE pipe, polypropylene pipe, StormTech, Nyloplast, Inserta Tee, water quality filters and structures, and NDS channel drains, and access boxes.
61GF Score

Get the complete analysis for MEX:WMS

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

MXN2,100.00
Price
MXN2,907.42
GF Value