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Apogee Enterprises (STU:ANP) Cyclically Adjusted PB Ratio : 3.09 (As of Jun. 05, 2024)


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What is Apogee Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Apogee Enterprises's current share price is €58.00. Apogee Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €18.78. Apogee Enterprises's Cyclically Adjusted PB Ratio for today is 3.09.

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

STU:ANP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.74   Max: 5.1
Current: 3.09

During the past years, Apogee Enterprises's highest Cyclically Adjusted PB Ratio was 5.10. The lowest was 0.97. And the median was 2.74.

STU:ANP's Cyclically Adjusted PB Ratio is ranked worse than
83.45% of 1239 companies
in the Construction industry
Industry Median: 1.13 vs STU:ANP: 3.09

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.

Apogee Enterprises's adjusted book value per share data for the three months ended in Feb. 2024 was €19.767. 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 €18.78 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Apogee Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Apogee Enterprises'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.

Apogee Enterprises Cyclically Adjusted PB Ratio Chart

Apogee Enterprises Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 2.28 2.48 2.36 2.79

Apogee Enterprises Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.36 1.87 2.52 2.24 2.79

Competitive Comparison of Apogee Enterprises's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Apogee Enterprises'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.


Apogee Enterprises's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Apogee Enterprises 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.

Apogee Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.00/18.78
=3.09

* 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.

Apogee Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Apogee Enterprises's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=19.767/130.9299*130.9299
=19.767

Current CPI (Feb. 2024) = 130.9299.

Apogee Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201405 8.922 100.373 11.638
201408 9.500 100.352 12.395
201411 10.350 99.635 13.601
201502 11.600 99.032 15.336
201505 11.970 100.333 15.620
201508 12.335 100.548 16.062
201511 13.003 100.135 17.002
201602 12.773 100.040 16.717
201605 13.008 101.355 16.804
201608 13.775 101.617 17.749
201611 14.632 101.829 18.813
201702 15.407 102.779 19.627
201705 15.147 103.256 19.207
201708 14.826 103.587 18.739
201711 15.430 104.072 19.412
201802 14.710 105.052 18.334
201805 15.723 106.148 19.394
201808 16.513 106.383 20.323
201811 16.892 106.338 20.799
201902 16.186 106.649 19.871
201905 16.342 108.048 19.803
201908 17.032 108.245 20.601
201911 17.552 108.519 21.177
202002 17.921 109.139 21.499
202005 17.532 108.175 21.220
202008 16.798 109.662 20.056
202011 17.836 109.793 21.270
202102 15.848 110.968 18.699
202105 15.992 113.576 18.435
202108 15.951 115.421 18.094
202111 16.454 117.269 18.371
202202 14.355 119.703 15.701
202205 13.946 123.323 14.806
202208 15.853 124.958 16.611
202211 16.677 125.607 17.384
202302 16.659 126.928 17.184
202305 16.985 128.314 17.331
202308 17.961 129.538 18.154
202311 19.067 129.548 19.270
202402 19.767 130.930 19.767

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.


Apogee Enterprises  (STU:ANP) 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.


Apogee Enterprises Cyclically Adjusted PB Ratio Related Terms

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


Apogee Enterprises (STU:ANP) Business Description

Traded in Other Exchanges
Address
4400 West 78th Street, Suite 520, Minneapolis, MN, USA, 55435
Apogee Enterprises Inc is a manufacturer of architectural glass and metal glass framings. The company also provides building glass installation services. Its four main business segments are Architectural Framing Systems; Architectural Glass; Architectural Services and Large-Scale Optical Technologies (LSO). It generates maximum revenue from the Architectural Framing Systems segment. The Architectural Framing Systems segment designs, engineers, fabricates and finishes the aluminum frames used in customized aluminum and glass window, curtainwall, storefront and entrance systems comprising the outside skin and entrances of commercial, institutional and high-end multi-family residential buildings. Geographically, it derives a majority of revenue from the United States.

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