GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NV5 Global Inc (NAS:NVEE) » Definitions » Cyclically Adjusted PB Ratio

NV5 Global (NV5 Global) Cyclically Adjusted PB Ratio : 3.33 (As of Apr. 28, 2024)


View and export this data going back to 2013. Start your Free Trial

What is NV5 Global Cyclically Adjusted PB Ratio?

As of today (2024-04-28), NV5 Global's current share price is $93.98. NV5 Global's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $28.20. NV5 Global's Cyclically Adjusted PB Ratio for today is 3.33.

The historical rank and industry rank for NV5 Global's Cyclically Adjusted PB Ratio or its related term are showing as below:

NVEE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.19   Med: 5.61   Max: 7.46
Current: 3.33

During the past years, NV5 Global's highest Cyclically Adjusted PB Ratio was 7.46. The lowest was 3.19. And the median was 5.61.

NVEE's Cyclically Adjusted PB Ratio is ranked worse than
85.34% of 1146 companies
in the Construction industry
Industry Median: 1.105 vs NVEE: 3.33

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.

NV5 Global's adjusted book value per share data for the three months ended in Dec. 2023 was $48.807. 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 $28.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NV5 Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NV5 Global'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.

NV5 Global Cyclically Adjusted PB Ratio Chart

NV5 Global 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 - - 7.30 5.68 3.94

NV5 Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.68 4.21 4.26 3.53 3.94

Competitive Comparison of NV5 Global's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, NV5 Global'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.


NV5 Global's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, NV5 Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NV5 Global's Cyclically Adjusted PB Ratio falls into.



NV5 Global 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.

NV5 Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.98/28.2
=3.33

* 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.

NV5 Global's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, NV5 Global's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=48.807/129.4194*129.4194
=48.807

Current CPI (Dec. 2023) = 129.4194.

NV5 Global Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.337 99.695 6.928
201406 5.554 100.560 7.148
201409 5.898 100.428 7.601
201412 6.187 99.070 8.082
201503 6.451 99.621 8.381
201506 8.940 100.684 11.492
201509 9.556 100.392 12.319
201512 9.832 99.792 12.751
201603 10.198 100.470 13.136
201606 13.123 101.688 16.702
201609 13.501 101.861 17.154
201612 14.022 101.863 17.815
201703 14.285 102.862 17.973
201706 14.711 103.349 18.422
201709 15.327 104.136 19.048
201712 16.622 104.011 20.682
201803 17.016 105.290 20.916
201806 17.774 106.317 21.636
201809 24.342 106.507 29.579
201812 25.301 105.998 30.892
201903 25.958 107.251 31.324
201906 26.782 108.070 32.073
201909 27.153 108.329 32.439
201912 27.696 108.420 33.060
202003 28.302 108.902 33.634
202006 28.570 108.767 33.995
202009 29.035 109.815 34.218
202012 29.696 109.897 34.971
202103 36.641 111.754 42.433
202106 38.137 114.631 43.057
202109 39.226 115.734 43.864
202112 40.529 117.630 44.591
202203 41.270 121.301 44.032
202206 42.540 125.017 44.038
202209 43.854 125.227 45.322
202212 44.722 125.222 46.221
202303 45.828 127.348 46.573
202306 46.640 128.729 46.890
202309 47.815 129.860 47.653
202312 48.807 129.419 48.807

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.


NV5 Global  (NAS:NVEE) 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.


NV5 Global Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of NV5 Global's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


NV5 Global (NV5 Global) Business Description

Industry
Traded in Other Exchanges
N/A
Address
200 South Park Road, Suite 350, Hollywood, FL, USA, 33021
NV5 Global Inc is a provider of technology, conformity assessment, and consulting solutions to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets, operating nationwide and abroad. The Company's clients include the U.S. Federal, state and local governments, and the private sector. The operating business segments are Infrastructure and Building, Technology & Sciences, and Geospatial Solutions. The maximum revenue derives from the Infrastructure segment.
Executives
Maryjo O'brien officer: Ex VP, Chief Admin & Secretary 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Donald C Alford director, officer: Executive VP 646 SAN ANTONIO AVENUE, SAN DIEGO CA 92106
Richard Tong officer: Exec VP and General Counsel 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
William D Pruitt director C/O KOS PHARMACEUTICALS, INC., 2200 N. COMMERCE PKWY., SUITE 300, WESTON FL 33326-3258
Brian C. Freckmann director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Dickerson Wright director, 10 percent owner, officer: CEO and President 646 SAN ANTONIO AVENUE, SAN DIEGO CA 92106
Alexander A. Hockman officer: Executive VP 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Tardan Francois director 200 SOUTH PARK RD., SUITE 350, HOLLYWOOD FL 33021
Denise Dickins director 1867 TRAVIS CIRCLE, WEST PALM BEACH FL 33406
Michael John Renshaw director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Laurie Catherine Conner director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Gerald J. Salontai director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021
Michael P Rama officer: VP and CFO C/O AVATAR HOLDINGS INC, 201 ALHAMBRA CIRCLE 12TH FLOOR, CORAL GABLES FL 33134
Edward H Codispoti officer: CFO 10255 SW 9TH TERRACE, MIAMI FL 33174
Jeffrey A. Liss director 200 SOUTH PARK ROAD, SUITE 350, HOLLYWOOD FL 33021