United States Lime & Minerals (STU:ULI) Cyclically Adjusted PB Ratio: 8.96 (As of Aug. 21, 2026) — 164% Above Median

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STU:ULI United States Lime & Minerals Inc STU:ULI
77 GF Score
Price €103.00
GF Value €98.02
Valuation Fairly Valued
! 2 Warning Signs
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What is United States Lime & Minerals Cyclically Adjusted PB Ratio?

United States Lime & Minerals STU:ULI +0.98% 77 Cyclically Adjusted PB Ratio is 8.96 as of Aug. 21, 2026, which is 164% above its 10-year median of 3.40. GuruFocus rates STU:ULI with a GF Score™ of 77/100 and a GF Value™ of €98.02 (Fairly Valued). The stock has 2 warning signs investors should review. Among 301 Building Materials companies, United States Lime & Minerals ranks worse than 95.02% on this metric.

As of today (2026-08-21), United States Lime & Minerals's current share price is €103.00. United States Lime & Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €11.50. United States Lime & Minerals's Cyclically Adjusted PB Ratio for today is 8.96.

The historical rank and industry rank for United States Lime & Minerals's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:ULI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.1   Med: 3.4   Max: 14.75
Current: 9.04

During the past years, United States Lime & Minerals's highest Cyclically Adjusted PB Ratio was 14.75. The lowest was 2.10. And the median was 3.40.

STU:ULI's Cyclically Adjusted PB Ratio is ranked worse than
95.02% of 301 companies
in the Building Materials industry
Industry Median: 0.96 vs STU:ULI: 9.04

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.

United States Lime & Minerals's adjusted book value per share data for the three months ended in Jun. 2026 was €21.050. 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 €11.50 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


United States Lime & Minerals  (STU:ULI) 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.


United States Lime & Minerals Cyclically Adjusted PB Ratio Related Terms


United States Lime & Minerals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for United States Lime & Minerals'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.

United States Lime & Minerals Cyclically Adjusted PB Ratio Chart

United States Lime & Minerals 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 3.46 3.31 4.87 12.49 9.84

United States Lime & Minerals 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 8.72 11.11 9.84 10.23 7.87

STU:ULI vs TTAM, TGLS, KNF: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, United States Lime & Minerals'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.


United States Lime & Minerals Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United States Lime & Minerals's Cyclically Adjusted PB Ratio falls into.


STU:ULI
77GF Score
United States Lime & Minerals Inc STU:ULI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United States Lime & Minerals 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.

United States Lime & Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=103.00/11.50
=8.96

* 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.

United States Lime & Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, United States Lime & Minerals'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)
=21.05/333.9520*333.9520
=21.050

Current CPI (Jun. 2026) = 333.9520.

United States Lime & Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.652 241.428 7.818
201612 6.110 241.432 8.451
201703 6.162 243.801 8.441
201706 6.028 244.955 8.218
201709 5.844 246.819 7.907
201712 6.207 246.524 8.408
201803 6.063 249.554 8.113
201806 6.578 251.989 8.718
201809 6.715 252.439 8.883
201812 6.990 251.233 9.291
201903 7.180 254.202 9.433
201906 7.352 256.143 9.585
201909 7.851 256.759 10.211
201912 6.951 256.974 9.033
202003 7.146 258.115 9.246
202006 7.183 257.797 9.305
202009 7.133 260.280 9.152
202012 7.079 260.474 9.076
202103 7.422 264.877 9.358
202106 7.646 271.696 9.398
202109 8.159 274.310 9.933
202112 8.691 278.802 10.410
202203 9.173 287.504 10.655
202206 9.877 296.311 11.132
202209 11.087 296.808 12.474
202212 10.669 296.797 12.005
202303 11.092 301.836 12.272
202306 11.583 305.109 12.678
202309 12.422 307.789 13.478
202312 12.638 306.746 13.759
202403 13.385 312.332 14.312
202406 14.331 314.175 15.233
202409 14.943 315.301 15.827
202412 16.609 315.605 17.575
202503 17.193 319.799 17.954
202506 17.052 322.561 17.654
202509 17.917 324.800 18.422
202512 18.790 324.054 19.364
202603 19.939 330.213 20.165
202606 21.050 333.952 21.050

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 8.96 mean?
United States Lime & Minerals (STU:ULI) has a Cyclically Adjusted PB Ratio of 8.96 as of Aug. 21, 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 United States Lime & Minerals and its competitors. This is 164% above median its historical median of 3.40. Over the past decade, United States Lime & Minerals' Cyclically Adjusted PB Ratio has ranged from 2.10 to 14.75. According to the industry distribution chart, United States Lime & Minerals ranks #286 out of 301 companies in the Building Materials industry, placing it in the top 95%.
Is United States Lime & Minerals' Cyclically Adjusted PB Ratio too high?
United States Lime & Minerals' current Cyclically Adjusted PB Ratio of 8.96 is 164% above median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 14.75. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.96. United States Lime & Minerals' value of 8.96 is 833.3% above this industry median. Based on the distribution chart, United States Lime & Minerals ranks #286 out of 301 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, United States Lime & Minerals has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United States Lime & Minerals' Cyclically Adjusted PB Ratio compare to TTAM and TGLS?
According to the Building Materials industry distribution chart, United States Lime & Minerals ranks #286 out of 301 companies for Cyclically Adjusted PB Ratio. This places United States Lime & Minerals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. United States Lime & Minerals' value of 8.96 is 833.3% above this benchmark. Historically, United States Lime & Minerals' own Cyclically Adjusted PB Ratio has ranged from 2.10 to 14.75 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 0.96, United States Lime & Minerals 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.96, based on 301 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. United States Lime & Minerals's current Cyclically Adjusted PB Ratio of 8.96 is 833.3% 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 United States Lime & Minerals and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United States Lime & Minerals's current Cyclically Adjusted PB Ratio is 8.96, which is 164% above median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United States Lime & Minerals stock overvalued right now?
Based on GuruFocus' analysis, United States Lime & Minerals (STU:ULI) is currently considered Fairly Valued. The stock's GF Value™ is €98.02, compared to a current price of €103.00 — trading 5.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.96, which is 164% above median its 10-year median of 3.40 and 833.3% above the Building Materials industry median of 0.96. United States Lime & Minerals' overall GF Score™ is 77/100 with 2 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 United States Lime & Minerals (STU:ULI), the current Cyclically Adjusted PB Ratio is 8.96 as of Aug. 21, 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 United States Lime & Minerals (STU:ULI) Overvalued in 2026?

Based on GuruFocus' analysis, United States Lime & Minerals stock appears to be overvalued. The current stock price of €103.00 is trading 5.1% above its estimated GF Value™ of €98.02. GuruFocus considers United States Lime & Minerals to be Fairly Valued.

Key valuation signals for STU:ULI:

  • Cyclically Adjusted PB Ratio: 8.96 (164% above median its 10-year median of 3.40)
  • GF Value™: €98.02 vs. price of €103.00 (5.1% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 833.3% above the Building Materials median (#286 of 301)

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


United States Lime & Minerals Business Description

Other Exchanges USLM:USA
Address 5429 LBJ Freeway, Suite 230, Dallas, TX, USA, 75240
United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime and lime slurry. The company supplies its products predominantly to the construction including highway, road, and building contractors, industrial including paper and glass manufacturers, environmental including municipal sanitation and water treatment facilities and flue gas treatment processes, metals including steel producers, oil and gas services, roof shingle manufacturers and agriculture including poultry industries. The company operates through its Lime and Limestone Operations segment.
77GF Score

Get the complete analysis for STU:ULI

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

€103.00
Price
€98.02
GF Value