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MTRX (Matrix Service Co) Cyclically Adjusted PB Ratio : 0.98 (As of May. 30, 2025)


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What is Matrix Service Co Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Matrix Service Co's current share price is $12.22. Matrix Service Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $12.41. Matrix Service Co's Cyclically Adjusted PB Ratio for today is 0.98.

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

MTRX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 1.05   Max: 3.37
Current: 0.99

During the past years, Matrix Service Co's highest Cyclically Adjusted PB Ratio was 3.37. The lowest was 0.29. And the median was 1.05.

MTRX's Cyclically Adjusted PB Ratio is ranked better than
53.71% of 1253 companies
in the Construction industry
Industry Median: 1.1 vs MTRX: 0.99

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.

Matrix Service Co's adjusted book value per share data for the three months ended in Mar. 2025 was $5.459. 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 $12.41 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Matrix Service Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Matrix Service 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.

Matrix Service Co Cyclically Adjusted PB Ratio Chart

Matrix Service Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.86 0.38 0.45 0.77

Matrix Service Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.00 0.77 0.91 0.96 1.00

Competitive Comparison of Matrix Service Co's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Matrix Service 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.


Matrix Service Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Matrix Service 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.

Matrix Service Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.22/12.41
=0.98

* 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.

Matrix Service Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Matrix Service Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.459/134.9266*134.9266
=5.459

Current CPI (Mar. 2025) = 134.9266.

Matrix Service Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.092 100.684 14.864
201509 11.403 100.392 15.326
201512 11.434 99.792 15.460
201603 11.691 100.470 15.700
201606 12.045 101.688 15.982
201609 12.278 101.861 16.264
201612 12.449 101.863 16.490
201703 12.041 102.862 15.794
201706 12.098 103.349 15.794
201709 12.288 104.136 15.921
201712 12.516 104.011 16.236
201803 12.377 105.290 15.861
201806 11.873 106.317 15.068
201809 11.946 106.507 15.134
201812 12.084 105.998 15.382
201903 12.539 107.251 15.775
201906 13.129 108.070 16.392
201909 13.174 108.329 16.409
201912 12.102 108.420 15.061
202003 11.918 108.902 14.766
202006 11.778 108.767 14.611
202009 11.565 109.815 14.210
202012 11.481 109.897 14.096
202103 11.081 111.754 13.379
202106 10.755 114.631 12.659
202109 10.050 115.734 11.717
202112 9.173 117.630 10.522
202203 7.947 121.301 8.840
202206 8.499 125.017 9.173
202209 8.208 125.227 8.844
202212 7.084 125.222 7.633
202303 6.657 127.348 7.053
202306 6.710 128.729 7.033
202309 6.583 129.860 6.840
202312 6.553 129.419 6.832
202403 6.072 131.776 6.217
202406 6.012 132.554 6.120
202409 5.681 133.029 5.762
202412 5.504 133.157 5.577
202503 5.459 134.927 5.459

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.


Matrix Service Co  (NAS:MTRX) 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.


Matrix Service Co Cyclically Adjusted PB Ratio Related Terms

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


Matrix Service Co Business Description

Traded in Other Exchanges
N/A
Address
15 East 5th Street, Suite 1100, Tulsa, OK, USA, 74103
Matrix Service Co is an engineering and construction provider for large industrial projects, primarily in the oil and gas, power, petrochemical, industrial, mining, and minerals markets. It offers engineering, fabrication, construction, and maintenance services, operating across three segments namely Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions.
Executives
James Harry Miller director 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Kevin A Durkin officer: VP BUS DEVELOPMENT MSI 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
John R Hewitt officer: President & CEO 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Justin D Sheets officer: Vice President, Legal & Risk 5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
Douglas J Montalbano officer: President, Matrix NAC 15 EAST 15TH STREET, SUITE 1100, TULSA OK 74103
Shawn P Payne officer: President, Matrix Service 5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
Bustamante Jose Luis M. director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD., IRVING TX 75039
John D Chandler director ONE WILLIAMS CENTER, MD 4700, TULSA OK 74172
Kevin S Cavanah officer: VP - Accounting & Fin Report 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Carlin G. Conner director 6120 SOUTH YALE AVE., SUITE 1500, TULSA OK 74136
Nancy E Downs officer: Vice President/Human Resources 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Joseph F Montalbano officer: VP / Chief Operating Officer 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Glyn A Rodgers officer: President, Matrix PDM Eng 5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
Alan R Updyke officer: President, Matrix Service 5100 EAST SKELLY DRIVE, SUITE 500, TULSA OK 74135
Rick J Bennett officer: VP & Chief Information Officer 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135