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L.B. Foster Co (L.B. Foster Co) Cyclically Adjusted PB Ratio : 1.33 (As of May. 15, 2024)


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What is L.B. Foster Co Cyclically Adjusted PB Ratio?

As of today (2024-05-15), L.B. Foster Co's current share price is $28.8365. L.B. Foster Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $21.61. L.B. Foster Co's Cyclically Adjusted PB Ratio for today is 1.33.

The historical rank and industry rank for L.B. Foster Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FSTR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.72   Max: 2.55
Current: 1.33

During the past years, L.B. Foster Co's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.36. And the median was 0.72.

FSTR's Cyclically Adjusted PB Ratio is ranked worse than
51.64% of 701 companies
in the Transportation industry
Industry Median: 1.27 vs FSTR: 1.33

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.

L.B. Foster Co's adjusted book value per share data for the three months ended in Mar. 2024 was $13.402. 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 $21.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


L.B. Foster Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for L.B. Foster Co'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.

L.B. Foster Co Cyclically Adjusted PB Ratio Chart

L.B. Foster Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.61 0.56 0.40 0.99

L.B. Foster Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.48 0.61 0.82 0.99 1.26

Competitive Comparison of L.B. Foster Co's Cyclically Adjusted PB Ratio

For the Railroads subindustry, L.B. Foster Co'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.


L.B. Foster Co's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, L.B. Foster Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where L.B. Foster Co's Cyclically Adjusted PB Ratio falls into.



L.B. Foster Co 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.

L.B. Foster Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.8365/21.61
=1.33

* 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.

L.B. Foster Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, L.B. Foster Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=13.402/129.4194*129.4194
=13.402

Current CPI (Mar. 2024) = 129.4194.

L.B. Foster Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 32.007 100.560 41.193
201409 32.668 100.428 42.099
201412 32.794 99.070 42.840
201503 32.640 99.621 42.403
201506 33.491 100.684 43.049
201509 27.512 100.392 35.467
201512 27.672 99.792 35.887
201603 27.217 100.470 35.059
201606 17.877 101.688 22.752
201609 17.160 101.861 21.803
201612 12.921 101.863 16.416
201703 12.755 102.862 16.048
201706 13.295 103.349 16.649
201709 13.908 104.136 17.285
201712 14.941 104.011 18.591
201803 14.066 105.290 17.290
201806 14.396 106.317 17.524
201809 14.961 106.507 18.180
201812 11.781 105.998 14.384
201903 12.231 107.251 14.759
201906 13.073 108.070 15.656
201909 13.308 108.329 15.899
201912 16.298 108.420 19.455
202003 15.399 108.902 18.300
202006 15.517 108.767 18.463
202009 16.412 109.815 19.342
202012 16.740 109.897 19.714
202103 16.642 111.754 19.273
202106 16.969 114.631 19.158
202109 17.101 115.734 19.123
202112 17.159 117.630 18.879
202203 16.919 121.301 18.051
202206 16.825 125.017 17.418
202209 16.331 125.227 16.878
202212 12.729 125.222 13.156
202303 12.638 127.348 12.844
202306 13.146 128.729 13.217
202309 13.126 129.860 13.082
202312 13.239 129.419 13.239
202403 13.402 129.419 13.402

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.


L.B. Foster Co  (NAS:FSTR) 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.


L.B. Foster Co Cyclically Adjusted PB Ratio Related Terms

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


L.B. Foster Co (L.B. Foster Co) Business Description

Industry
Traded in Other Exchanges
Address
415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220
L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.
Executives
Janet Lee director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Diane B Owen director
Dirk Junge director 165 TOWNSHIP LINE RD, JENKINTOWN PA 19046
John E Kunz director 522 N. MACEWEN DRIVE, OSPREY FL 34229
Raymond T Betler director 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Bruce Ernest Thompson director C/O L.B. FOSTER COMPANY, 415 HOLIDAY DRIVE, SUITE 100, PITTSBURGH PA 15220
Aron R. English 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Alexander B Jones other: See Explanation of Responses 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Bryson Hirai-hadley other: See Explanation of Responses 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Gp, Inc. 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Fund, Lp 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw, Lp 10 percent owner 590 1ST AVE S, UNIT C1, SEATTLE WA 98104
22nw Fund Gp, Llc 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Sean M Reilly officer: Controller TOLLGRADE COMMUNICATIONS INC, 493 NIXON RD., CHESWICK PA 15024
William Treacy officer: Chief Growth Officer 415 HOLIDAY DRIVE, PITTSBURGH PA 15220