Advanced Drainage Systems (STU:6DA) Cyclically Adjusted PB Ratio: 10.01 (As of Sep. 14, 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:6DA Advanced Drainage Systems Inc STU:6DA
87 GF Score
Price €110.30
GF Value €137.59
! 1 Warning Sign
View Full Analysis

What is Advanced Drainage Systems Cyclically Adjusted PB Ratio?

Advanced Drainage Systems STU:6DA +1.10% 87 Cyclically Adjusted PB Ratio is 10.01 as of Sep. 14, 2026, which is 42% below its 10-year median of 17.30. GuruFocus rates STU:6DA with a GF Score™ of 87/100 and a GF Value™ of €137.59. The stock has 1 warning sign investors should review. Among 1,239 Construction companies, Advanced Drainage Systems ranks worse than 95.88% on this metric.

As of today (2026-09-14), Advanced Drainage Systems's current share price is €110.30. Advanced Drainage Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €11.02. Advanced Drainage Systems's Cyclically Adjusted PB Ratio for today is 10.01.

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

STU:6DA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.17   Med: 17.3   Max: 30.65
Current: 10.17

During the past years, Advanced Drainage Systems's highest Cyclically Adjusted PB Ratio was 30.65. The lowest was 10.17. And the median was 17.30.

STU:6DA's Cyclically Adjusted PB Ratio is ranked worse than
95.88% of 1239 companies
in the Construction industry
Industry Median: 1.14 vs STU:6DA: 10.17

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 Jun. 2026 was €21.356. 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 €11.02 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Drainage Systems  (STU:6DA) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.96 13.43 13.19 11.59 12.48

STU:6DA vs SPXC, OC, MAIR: 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.


STU:6DA
87GF Score
Advanced Drainage Systems Inc STU:6DA
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
=110.30/11.02
=10.01

* 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 Jun. 2026 is calculated as:

For example, Advanced Drainage Systems's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=21.356/333.9520*333.9520
=21.356

Current CPI (Jun. 2026) = 333.9520.

Advanced Drainage Systems Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.465 241.428 0.643
201612 0.604 241.432 0.835
201703 0.414 243.801 0.567
201706 0.886 244.955 1.208
201709 1.178 246.819 1.594
201712 1.790 246.524 2.425
201803 1.686 249.554 2.256
201806 2.303 251.989 3.052
201809 2.812 252.439 3.720
201812 3.028 251.233 4.025
201903 3.141 254.202 4.126
201906 2.565 256.143 3.344
201909 6.247 256.759 8.125
201912 6.621 256.974 8.604
202003 6.571 258.115 8.502
202006 7.448 257.797 9.648
202009 8.186 260.280 10.503
202012 8.842 260.474 11.336
202103 9.492 264.877 11.967
202106 9.081 271.696 11.162
202109 8.340 274.310 10.153
202112 9.859 278.802 11.809
202203 11.214 287.504 13.026
202206 13.275 296.311 14.961
202209 14.574 296.808 16.398
202212 12.764 296.797 14.362
202303 11.563 301.836 12.793
202306 12.824 305.109 14.036
202309 13.928 307.789 15.112
202312 14.167 306.746 15.424
202403 14.970 312.332 16.006
202406 16.367 314.175 17.397
202409 17.143 315.301 18.157
202412 19.045 315.605 20.152
202503 19.296 319.799 20.150
202506 21.093 322.561 21.838
202509 22.383 324.800 23.014
202512 23.455 324.054 24.171
202603 21.655 330.213 21.900
202606 21.356 333.952 21.356

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 10.01 mean?
Advanced Drainage Systems (STU:6DA) has a Cyclically Adjusted PB Ratio of 10.01 as of Sep. 14, 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 42% below median its historical median of 17.30. Over the past decade, Advanced Drainage Systems' Cyclically Adjusted PB Ratio has ranged from 10.17 to 30.65. According to the industry distribution chart, Advanced Drainage Systems ranks #1188 out of 1239 companies in the Construction industry, placing it in the top 95.9%.
Is Advanced Drainage Systems' Cyclically Adjusted PB Ratio too high?
Advanced Drainage Systems' current Cyclically Adjusted PB Ratio of 10.01 is 42% below median its 10-year median of 17.30. Over the past 10 years, this metric has ranged from a low of 10.17 to a high of 30.65. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Advanced Drainage Systems' value of 10.01 is 778.1% above this industry median. Based on the distribution chart, Advanced Drainage Systems ranks #1188 out of 1239 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Advanced Drainage Systems has a GF Score™ of 87/100, 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 #1188 out of 1239 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 1.14. Advanced Drainage Systems' value of 10.01 is 778.1% above this benchmark. Historically, Advanced Drainage Systems' own Cyclically Adjusted PB Ratio has ranged from 10.17 to 30.65 over the past decade. While the company's 10-year median is 17.30 vs. the industry median of 1.14, 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 1.14, based on 1,239 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 10.01 is 778.1% 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 1.14 — 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 10.01, which is 42% below median its own 10-year median of 17.30. 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?
Advanced Drainage Systems (STU:6DA) has a current Cyclically Adjusted PB Ratio of 10.01. The stock's GF Value™ is €137.59, compared to a current price of €110.30 — trading 19.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.01, which is 42% below median its 10-year median of 17.30 and 778.1% above the Construction industry median of 1.14. Advanced Drainage Systems' overall GF Score™ is 87/100 with 1 warning sign 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 (STU:6DA), the current Cyclically Adjusted PB Ratio is 10.01 as of Sep. 14, 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 (STU:6DA) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced Drainage Systems stock appears to be undervalued. The current stock price of €110.30 is trading 19.8% below its estimated GF Value™ of €137.59.

Key valuation signals for STU:6DA:

  • Cyclically Adjusted PB Ratio: 10.01 (42% below median its 10-year median of 17.30)
  • GF Value™: €137.59 vs. price of €110.30 (19.8% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 778.1% above the Construction median (#1188 of 1239)

No single metric tells the full story. See the STU:6DA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced Drainage Systems Business Description

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.
87GF Score

Get the complete analysis for STU:6DA

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

€110.30
Price
€137.59
GF Value