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Terex (TEX) Cyclically Adjusted PB Ratio : 2.30 (As of May. 28, 2025)


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What is Terex Cyclically Adjusted PB Ratio?

As of today (2025-05-28), Terex's current share price is $46.455. Terex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $20.19. Terex's Cyclically Adjusted PB Ratio for today is 2.30.

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

TEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.91   Max: 3.41
Current: 2.34

During the past years, Terex's highest Cyclically Adjusted PB Ratio was 3.41. The lowest was 0.70. And the median was 1.91.

TEX's Cyclically Adjusted PB Ratio is ranked worse than
65.48% of 168 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.59 vs TEX: 2.34

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.

Terex's adjusted book value per share data for the three months ended in Mar. 2025 was $28.153. 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 $20.19 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Terex Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Terex'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.

Terex Cyclically Adjusted PB Ratio Chart

Terex Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 2.40 2.28 3.00 2.34

Terex 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 3.31 2.80 2.68 2.34 1.87

Competitive Comparison of Terex's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Terex'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.


Terex's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Terex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Terex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.455/20.19
=2.30

* 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.

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

For example, Terex'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)
=28.153/134.9266*134.9266
=28.153

Current CPI (Mar. 2025) = 134.9266.

Terex Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.781 100.684 23.828
201509 17.548 100.392 23.585
201512 17.432 99.792 23.569
201603 17.098 100.470 22.962
201606 17.123 101.688 22.720
201609 17.883 101.861 23.688
201612 14.140 101.863 18.730
201703 17.073 102.862 22.395
201706 17.128 103.349 22.361
201709 16.504 104.136 21.384
201712 15.237 104.011 19.766
201803 14.189 105.290 18.183
201806 12.963 106.317 16.451
201809 13.344 106.507 16.905
201812 12.364 105.998 15.738
201903 11.105 107.251 13.971
201906 12.217 108.070 15.253
201909 12.271 108.329 15.284
201912 13.243 108.420 16.481
202003 11.461 108.902 14.200
202006 11.668 108.767 14.474
202009 12.430 109.815 15.272
202012 13.433 109.897 16.492
202103 13.672 111.754 16.507
202106 14.941 114.631 17.586
202109 15.184 115.734 17.702
202112 16.035 117.630 18.393
202203 16.076 121.301 17.882
202206 15.562 125.017 16.796
202209 15.466 125.227 16.664
202212 17.683 125.222 19.053
202303 19.236 127.348 20.381
202306 21.472 128.729 22.506
202309 22.432 129.860 23.307
202312 25.295 129.419 26.371
202403 25.734 131.776 26.349
202406 27.510 132.554 28.002
202409 29.652 133.029 30.075
202412 27.884 133.157 28.255
202503 28.153 134.927 28.153

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.


Terex  (NYSE:TEX) 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.


Terex Cyclically Adjusted PB Ratio Related Terms

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


Terex Business Description

Traded in Other Exchanges
Address
301 Merritt 7, 4th Floor, Norwalk, CT, USA, 06850
Terex Corp is a manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. The company designs builds, and supports products used in maintenance, manufacturing, energy, waste and recycling, minerals and materials management, construction, and the entertainment industry. The products are manufactured in North America, Europe, and Asia Pacific and sold all over the world. The company reports business in the following segments: (i) Materials Processing, (ii) Aerial Work Platforms, and (iii) Environmental Solutions Group.
Executives
Andra Rush director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
David A Sachs director C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPORT CT 06880
Simon Meester officer: President - Genie C/O TEREX CORP, 45 GLOVER AVENUE, 4TH FLOOR, NORWALK CT 06850
Kieran Hegarty officer: President, Materials Processin C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Scott Posner officer: Senior V.P., Gen Counsel Sec. C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Stephen Johnston officer: Chief Accounting Officer C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPOT CT 06880
Amy George officer: Senior V.P. Human Resources C/O TEREX CORPORATION, 200 NYALA FARMS ROAD, WESTPORT CT 06880
Garrison John L Jr officer: CEO AND PRESIDENT C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Julie A Beck officer: Senior Vice President, Finance ONE INVACARE WAY, ELYRIA OH 44035
Oluseun Salami director C/O TEREX CORPORATION, 45 GLOVER AVENUE, NORWALK CT 06850
Paula H Cholmondeley director 221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
John D Sheehan officer: Senior Vice President, CFO 5725 DELPHI DRIVE, TROY MI 48098
Mark I Clair officer: VP Controller & CAO C/O HEXCEL CORPORATION, 281 TRESSER BOULEVARD, STAMFORD CT 06901
Christopher Rossi director C/O KENNAMETAL INC., 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Matthew Fearon officer: President Terex AWP C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880