Innovate (STU:PST0) Cyclically Adjusted PB Ratio: 1.08 (As of Aug. 14, 2026) — 100% Above Median

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STU:PST0 Innovate Corp STU:PST0
61 GF Score
Price €5.10
GF Value €4.59
! 3 Warning Signs
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What is Innovate Cyclically Adjusted PB Ratio?

Innovate STU:PST0 61 Cyclically Adjusted PB Ratio is 1.08 as of Aug. 14, 2026, which is 100% above its 10-year median of 0.54. GuruFocus rates STU:PST0 with a GF Score™ of 61/100 and a GF Value™ of €4.59. The stock has 3 warning signs investors should review. Among 1,329 Construction companies, Innovate ranks better than 81.64% on this metric.

As of today (2026-08-14), Innovate's current share price is €5.10. Innovate's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €4.73. Innovate's Cyclically Adjusted PB Ratio for today is 1.08.

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

STU:PST0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.54   Max: 1.81
Current: 0.43

During the past years, Innovate's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.13. And the median was 0.54.

STU:PST0's Cyclically Adjusted PB Ratio is ranked better than
81.64% of 1329 companies
in the Construction industry
Industry Median: 1.14 vs STU:PST0: 0.43

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.

Innovate's adjusted book value per share data for the three months ended in Jun. 2026 was €-15.474. 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 €4.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Innovate  (STU:PST0) 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.


Innovate Cyclically Adjusted PB Ratio Related Terms


Innovate Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Innovate'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.

Innovate Cyclically Adjusted PB Ratio Chart

Innovate 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 0.78 0.48 0.42 0.20 0.23

Innovate 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 0.23 0.23 0.23 0.30 1.08

STU:PST0 vs MCDIF, SHIM, BLNK: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Innovate'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.


Innovate Cyclically Adjusted PB Ratio vs Construction Industry

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

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


STU:PST0
61GF Score
Innovate Corp STU:PST0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovate 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.10/4.73
=1.08

* 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.

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

For example, Innovate'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)
=-15.474/333.9520*333.9520
=-15.474

Current CPI (Jun. 2026) = 333.9520.

Innovate Quarterly Data

Book Value per Share CPI Adj_Book
201609 35.302 241.428 48.831
201612 9.937 241.432 13.745
201703 9.773 243.801 13.387
201706 10.511 244.955 14.330
201709 12.187 246.819 16.489
201712 13.856 246.524 18.770
201803 2.591 249.554 3.467
201806 9.741 251.989 12.909
201809 35.040 252.439 46.354
201812 17.095 251.233 22.724
201903 44.886 254.202 58.968
201906 63.223 256.143 82.428
201909 79.472 256.759 103.365
201912 67.747 256.974 88.041
202003 2.722 258.115 3.522
202006 60.379 257.797 78.215
202009 66.148 260.280 84.871
202012 59.544 260.474 76.341
202103 41.892 264.877 52.817
202106 51.702 271.696 63.549
202109 -8.920 274.310 -10.859
202112 -9.516 278.802 -11.398
202203 -11.022 287.504 -12.803
202206 -13.254 296.311 -14.938
202209 -15.145 296.808 -17.040
202212 -14.429 296.797 -16.235
202303 -16.552 301.836 -18.313
202306 -17.452 305.109 -19.102
202309 -18.538 307.789 -20.114
202312 -19.016 306.746 -20.703
202403 -21.235 312.332 -22.705
202406 -10.605 314.175 -11.273
202409 -11.162 315.301 -11.822
202412 -12.992 315.605 -13.747
202503 -14.220 319.799 -14.849
202506 -14.615 322.561 -15.131
202509 -14.557 324.800 -14.967
202512 -15.016 324.054 -15.475
202603 -16.251 330.213 -16.435
202606 -15.474 333.952 -15.474

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 1.08 mean?
Innovate (STU:PST0) has a Cyclically Adjusted PB Ratio of 1.08 as of Aug. 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 Innovate and its competitors. This is 100% above median its historical median of 0.54. Over the past decade, Innovate's Cyclically Adjusted PB Ratio has ranged from 0.13 to 1.81. According to the industry distribution chart, Innovate ranks #244 out of 1329 companies in the Construction industry, placing it in the top 18.4%.
Is Innovate's Cyclically Adjusted PB Ratio too high?
Innovate's current Cyclically Adjusted PB Ratio of 1.08 is 100% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.81. The Construction industry median Cyclically Adjusted PB Ratio is 1.14. Innovate's value of 1.08 is 5.3% below this industry median. Based on the distribution chart, Innovate ranks #244 out of 1329 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Innovate has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Innovate's Cyclically Adjusted PB Ratio compare to MCDIF and SHIM?
According to the Construction industry distribution chart, Innovate ranks #244 out of 1329 companies for Cyclically Adjusted PB Ratio. This places Innovate in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.14. Innovate's value of 1.08 is 5.3% below this benchmark. Historically, Innovate's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 1.81 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.14, Innovate has consistently been below 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 1,329 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. Innovate's current Cyclically Adjusted PB Ratio of 1.08 is 5.3% below 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 Innovate 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. Innovate's current Cyclically Adjusted PB Ratio is 1.08, which is 100% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovate stock overvalued right now?
Innovate (STU:PST0) has a current Cyclically Adjusted PB Ratio of 1.08. The stock's GF Value™ is €4.59, compared to a current price of €5.10 — trading 11.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 100% above median its 10-year median of 0.54 and 5.3% below the Construction industry median of 1.14. Innovate's 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 Innovate (STU:PST0), the current Cyclically Adjusted PB Ratio is 1.08 as of Aug. 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 Innovate (STU:PST0) Overvalued in 2026?

Based on GuruFocus' analysis, Innovate stock appears to be overvalued. The current stock price of €5.10 is trading 11.1% above its estimated GF Value™ of €4.59.

Key valuation signals for STU:PST0:

  • Cyclically Adjusted PB Ratio: 1.08 (100% above median its 10-year median of 0.54)
  • GF Value™: €4.59 vs. price of €5.10 (11.1% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 5.3% below the Construction median (#244 of 1329)

No single metric tells the full story. See the STU:PST0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innovate Business Description

Other Exchanges VATE:USA
Address 295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure, Life Sciences and Spectrum, and Other segment. Through its subsidiaries it provides fully integrated structural and steel construction services; supports healthcare and biotechnology product development; and operates Over-The-Air (OTA) broadcasting stations across the United States (U.S.) including Puerto Rico.
61GF Score

Get the complete analysis for STU:PST0

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

€5.10
Price
€4.59
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