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Construction Partners (Construction Partners) PB Ratio : 5.14 (As of Apr. 24, 2024)


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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-24), Construction Partners's share price is $50.72. Construction Partners's Book Value per Share for the quarter that ended in Dec. 2023 was $9.87. Hence, Construction Partners's PB Ratio of today is 5.14.

The historical rank and industry rank for Construction Partners's PB Ratio or its related term are showing as below:

ROAD' s PB Ratio Range Over the Past 10 Years
Min: 1.43   Med: 3.07   Max: 5.83
Current: 5.14

During the past 8 years, Construction Partners's highest PB Ratio was 5.83. The lowest was 1.43. And the median was 3.07.

ROAD's PB Ratio is ranked worse than
90.87% of 1610 companies
in the Construction industry
Industry Median: 1.215 vs ROAD: 5.14

During the past 12 months, Construction Partners's average Book Value Per Share Growth Rate was 13.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.40% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Construction Partners was 29.20% per year. The lowest was 9.40% per year. And the median was 10.30% per year.

Back to Basics: PB Ratio


Construction Partners PB Ratio Historical Data

The historical data trend for Construction Partners's 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.

Construction Partners Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
PB Ratio
Get a 7-Day Free Trial 2.35 2.45 4.27 3.02 3.73

Construction Partners Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.07 3.14 3.44 3.73 4.41

Competitive Comparison

For the Engineering & Construction subindustry, Construction Partners's PB Ratio, along with its competitors' market caps and 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.


Construction Partners PB Ratio Distribution

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

* The bar in red indicates where Construction Partners's PB Ratio falls into.



Construction Partners PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Construction Partners's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=50.72/9.865
=5.14

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Construction Partners  (NAS:ROAD) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Construction Partners PB Ratio Related Terms

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


Construction Partners (Construction Partners) Business Description

Traded in Other Exchanges
Address
290 Healthwest Drive, Suite 2, Dothan, AL, USA, 36303
Construction Partners Inc operates as an infrastructure and road construction company. It provides construction products and services to the public and private sectors. Its services cover the construction of highways, roads, bridges, airports, and commercial and residential sites. The company provides site development, paving, utility and drainage systems, as well as supplies hot mix asphalt.
Executives
Suntx Capital Ii Management Corp. director, 10 percent owner 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Craig Jennings director, 10 percent owner 5204 LAKECREET CT., PLANO TX 75093
Mark R Matteson director, 10 percent owner 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Suntx Cpi Capital Management Corp. director, 10 percent owner 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Fleming Ned N. Iv other: Member of 10% owner group 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Ned N. Fleming, Iv 2013 Trust other: Member of 10% owner group 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
John L Harper officer: Senior Vice President 170 EAST MAIN STREET, DOTHAN AL 36301
Noreen E Skelly director 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Stefan L Shaffer director 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Suntx Capital Partners Ii Lp director, 10 percent owner TWO LINCOLN CENTRE, 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Capital Partners Ii Dutch Investors Lp director, 10 percent owner TWO LINCOLN CENTRE, 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75240
Suntx Cpi Expansion Fund Gp, L.p. director, 10 percent owner 5420 LBJ FREEWAY, SUITE 1000, DALLAS TX 75214
Gregory A Hoffman officer: Senior VP, Finance 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Judson Ryan Brooks officer: Senior Vice President, Legal 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303
Charles E Owens director, officer: See Remarks 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN AL 36303