GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Budimex SA (WAR:BDX) » Definitions » Cyclically Adjusted PB Ratio

Budimex (WAR:BDX) Cyclically Adjusted PB Ratio : 12.82 (As of Jun. 02, 2025)


View and export this data going back to 1995. Start your Free Trial

What is Budimex Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Budimex's current share price is zł623.80. Budimex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was zł48.64. Budimex's Cyclically Adjusted PB Ratio for today is 12.82.

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

WAR:BDX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.12   Med: 8.19   Max: 17.73
Current: 12.83

During the past years, Budimex's highest Cyclically Adjusted PB Ratio was 17.73. The lowest was 4.12. And the median was 8.19.

WAR:BDX's Cyclically Adjusted PB Ratio is ranked worse than
97.63% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs WAR:BDX: 12.83

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.

Budimex's adjusted book value per share data for the three months ended in Mar. 2025 was zł52.697. 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 zł48.64 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Budimex Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Budimex'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.

Budimex Cyclically Adjusted PB Ratio Chart

Budimex 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 11.38 7.30 7.33 14.35 9.84

Budimex 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 15.67 15.31 12.81 9.84 11.63

Competitive Comparison of Budimex's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Budimex'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.


Budimex's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


;
;

Budimex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=623.80/48.64
=12.82

* 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.

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

For example, Budimex'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)
=52.697/157.0208*157.0208
=52.697

Current CPI (Mar. 2025) = 157.0208.

Budimex Quarterly Data

Book Value per Share CPI Adj_Book
201506 18.420 100.448 28.794
201509 20.562 99.634 32.405
201512 23.471 99.471 37.050
201603 25.479 98.983 40.419
201606 21.046 99.552 33.195
201609 25.150 99.064 39.864
201612 31.390 100.366 49.109
201703 34.734 101.018 53.990
201706 24.038 101.180 37.304
201709 29.626 101.343 45.902
201712 34.526 102.564 52.858
201803 37.040 102.564 56.706
201806 21.994 103.378 33.407
201809 26.007 103.378 39.502
201812 29.116 103.785 44.051
201903 30.240 104.274 45.537
201906 25.645 105.983 37.995
201909 28.214 105.983 41.801
201912 31.655 107.123 46.400
202003 32.585 109.076 46.908
202006 31.441 109.402 45.126
202009 37.170 109.320 53.389
202012 45.020 109.565 64.520
202103 0.000 112.658 0.000
202106 56.450 113.960 77.780
202109 45.497 115.588 61.805
202112 51.674 119.088 68.133
202203 53.899 125.031 67.690
202206 36.112 131.705 43.053
202209 42.295 135.531 49.001
202212 49.290 139.113 55.635
202303 53.448 145.950 57.502
202306 41.942 147.009 44.799
202309 48.921 146.113 52.573
202312 59.961 147.741 63.727
202403 64.603 149.044 68.061
202406 35.083 150.997 36.483
202409 41.721 153.439 42.695
202412 48.268 154.660 49.005
202503 52.697 157.021 52.697

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.


Budimex  (WAR:BDX) 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.


Budimex Cyclically Adjusted PB Ratio Related Terms

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


Budimex Business Description

Industry
Traded in Other Exchanges
Address
Siedmiogrodzka 9 Street, Warsaw, POL, 01-204
Budimex SA provides construction services, property development and management, and other systems to coordinate resources and construct complex structures. The company has two operating segments: Construction business and Service activities. The company generates a majority of its revenue from the Construction business segment, which covers the rendering of widely understood construction and assembly services at home and abroad. The segment of Service activities comprises comprehensive services in the field of municipal waste management, comprehensive road and lighting infrastructure maintenance, and technical operation (maintenance) of buildings. Geographically, the company generates maximum revenue from Poland, followed by Germany, Slovakia, and other EU countries.