VMI (Valmont Industries) Cyclically Adjusted PB Ratio: 6.73 (As of Aug. 08, 2026) — 77% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

VMI Valmont Industries Inc VMI
90 GF Score
Price $493.64
GF Value $345.53
Valuation Significantly Overvalued
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What is Valmont Industries Cyclically Adjusted PB Ratio?

Valmont Industries VMI +0.35% 90 Cyclically Adjusted PB Ratio is 6.73 as of Aug. 08, 2026, which is 77% above its 10-year median of 3.81. GuruFocus rates VMI with a GF Score™ of 90/100 and a GF Value™ of $345.53 (Significantly Overvalued). Among 463 Conglomerates companies, Valmont Industries ranks worse than 93.09% on this metric.

As of today (2026-08-08), Valmont Industries's current share price is $493.64. Valmont Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $73.37. Valmont Industries's Cyclically Adjusted PB Ratio for today is 6.73.

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

VMI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.81   Max: 7.95
Current: 6.7

During the past years, Valmont Industries's highest Cyclically Adjusted PB Ratio was 7.95. The lowest was 1.85. And the median was 3.81.

VMI's Cyclically Adjusted PB Ratio is ranked worse than
93.09% of 463 companies
in the Conglomerates industry
Industry Median: 1.02 vs VMI: 6.70

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.

Valmont Industries's adjusted book value per share data for the three months ended in Jun. 2026 was $91.237. 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 $73.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valmont Industries  (NYSE:VMI) 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.


Valmont Industries Cyclically Adjusted PB Ratio Related Terms


Valmont Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Valmont Industries'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.

Valmont Industries Cyclically Adjusted PB Ratio Chart

Valmont Industries 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 4.39 5.37 3.67 4.67 5.78

Valmont Industries 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 4.81 5.62 5.78 5.57 7.87

VMI vs GHC, SEB, OTTR: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Valmont Industries'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.


Valmont Industries Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


VMI
90GF Score
Valmont Industries Inc VMI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Valmont Industries 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.

Valmont Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=493.64/73.37
=6.73

* 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.

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

For example, Valmont Industries'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)
=91.237/333.9520*333.9520
=91.237

Current CPI (Jun. 2026) = 333.9520.

Valmont Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 42.140 241.428 58.290
201612 41.893 241.432 57.947
201703 44.409 243.801 60.830
201706 47.107 244.955 64.222
201709 49.258 246.819 66.647
201712 49.037 246.524 66.428
201803 50.464 249.554 67.531
201806 49.007 251.989 64.947
201809 46.586 252.439 61.629
201812 48.285 251.233 64.183
201903 49.128 254.202 64.541
201906 49.287 256.143 64.259
201909 49.512 256.759 64.397
201912 53.116 256.974 69.027
202003 50.521 258.115 65.365
202006 52.750 257.797 68.333
202009 53.957 260.280 69.229
202012 55.692 260.474 71.402
202103 57.706 264.877 72.755
202106 60.995 271.696 74.971
202109 62.103 274.310 75.606
202112 65.171 278.802 78.063
202203 69.363 287.504 80.569
202206 69.943 296.311 78.828
202209 71.087 296.808 79.983
202212 74.044 296.797 83.313
202303 72.136 301.836 79.811
202306 75.514 305.109 82.653
202309 70.339 307.789 76.318
202312 67.014 306.746 72.958
202403 69.712 312.332 74.538
202406 72.813 314.175 77.397
202409 76.287 315.301 80.800
202412 76.982 315.605 81.457
202503 81.620 319.799 85.232
202506 76.326 322.561 79.021
202509 79.660 324.800 81.905
202512 85.679 324.054 88.296
202603 88.729 330.213 89.734
202606 91.237 333.952 91.237

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 6.73 mean?
Valmont Industries (VMI) has a Cyclically Adjusted PB Ratio of 6.73 as of Aug. 08, 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 Valmont Industries and its competitors. This is 77% above median its historical median of 3.81. Over the past decade, Valmont Industries' Cyclically Adjusted PB Ratio has ranged from 1.85 to 7.95. According to the industry distribution chart, Valmont Industries ranks #431 out of 463 companies in the Conglomerates industry, placing it in the top 93.1%.
Is Valmont Industries' Cyclically Adjusted PB Ratio too high?
Valmont Industries' current Cyclically Adjusted PB Ratio of 6.73 is 77% above median its 10-year median of 3.81. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 7.95. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.02. Valmont Industries' value of 6.73 is 559.8% above this industry median. Based on the distribution chart, Valmont Industries ranks #431 out of 463 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Valmont Industries has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valmont Industries' Cyclically Adjusted PB Ratio compare to GHC and SEB?
According to the Conglomerates industry distribution chart, Valmont Industries ranks #431 out of 463 companies for Cyclically Adjusted PB Ratio. This places Valmont Industries in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.02. Valmont Industries' value of 6.73 is 559.8% above this benchmark. Historically, Valmont Industries' own Cyclically Adjusted PB Ratio has ranged from 1.85 to 7.95 over the past decade. While the company's 10-year median is 3.81 vs. the industry median of 1.02, Valmont Industries 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.02, based on 463 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. Valmont Industries's current Cyclically Adjusted PB Ratio of 6.73 is 559.8% 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 Valmont Industries and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valmont Industries's current Cyclically Adjusted PB Ratio is 6.73, which is 77% above median its own 10-year median of 3.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valmont Industries stock overvalued right now?
Based on GuruFocus' analysis, Valmont Industries (VMI) is currently considered Significantly Overvalued. The stock's GF Value™ is $345.53, compared to a current price of $493.64 — trading 42.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.73, which is 77% above median its 10-year median of 3.81 and 559.8% above the Conglomerates industry median of 1.02. Valmont Industries' overall GF Score™ is 90/100. 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 Valmont Industries (VMI), the current Cyclically Adjusted PB Ratio is 6.73 as of Aug. 08, 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 Valmont Industries (VMI) Overvalued in 2026?

Based on GuruFocus' analysis, Valmont Industries stock appears to be overvalued. The current stock price of $493.64 is trading 42.9% above its estimated GF Value™ of $345.53. GuruFocus considers Valmont Industries to be Significantly Overvalued.

Key valuation signals for VMI:

  • Cyclically Adjusted PB Ratio: 6.73 (77% above median its 10-year median of 3.81)
  • GF Value™: $345.53 vs. price of $493.64 (42.9% above fair value)
  • GF Score™: 90/100
  • Industry Position: 559.8% above the Conglomerates median (#431 of 463)

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


Valmont Industries Business Description

Other Exchanges VI1:Germany
Address 15000 Valmont Plaza, Omaha, NE, USA, 68154
Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.
90GF Score

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

$493.64
Price
$345.53
GF Value