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Limbach Holdings (STU:J4B) Cyclically Adjusted Book per Share : €7.68 (As of Mar. 2024)


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What is Limbach Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Limbach Holdings's adjusted book value per share for the three months ended in Mar. 2024 was €10.249. 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 €7.68 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-04), Limbach Holdings's current stock price is €52.35. Limbach Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €7.68. Limbach Holdings's Cyclically Adjusted PB Ratio of today is 6.82.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Limbach Holdings was 6.89. The lowest was 4.67. And the median was 5.38.


Limbach Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Limbach Holdings's Cyclically Adjusted Book per Share 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.

Limbach Holdings Cyclically Adjusted Book per Share Chart

Limbach Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Limbach Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 - - - - 7.68

Competitive Comparison of Limbach Holdings's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Limbach Holdings'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.


Limbach Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Limbach Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Limbach Holdings'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)
=10.249/131.7762*131.7762
=10.249

Current CPI (Mar. 2024) = 131.7762.

Limbach Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.003 100.560 0.004
201409 6.052 100.428 7.941
201412 6.311 99.070 8.394
201503 7.169 99.621 9.483
201506 6.902 100.684 9.033
201509 6.873 100.392 9.022
201512 1.267 99.792 1.673
201603 6.878 100.470 9.021
201606 6.733 101.688 8.725
201609 4.941 101.861 6.392
201612 6.034 101.863 7.806
201703 5.769 102.862 7.391
201706 5.542 103.349 7.066
201709 5.231 104.136 6.619
201712 5.423 104.011 6.871
201803 4.742 105.290 5.935
201806 5.159 106.317 6.394
201809 4.798 106.507 5.936
201812 5.368 105.998 6.673
201903 5.660 107.251 6.954
201906 5.545 108.070 6.761
201909 5.311 108.329 6.461
201912 5.486 108.420 6.668
202003 5.471 108.902 6.620
202006 5.676 108.767 6.877
202009 5.714 109.815 6.857
202012 5.572 109.897 6.681
202103 6.295 111.754 7.423
202106 6.328 114.631 7.274
202109 6.865 115.734 7.817
202112 7.544 117.630 8.451
202203 7.568 121.301 8.222
202206 8.015 125.017 8.448
202209 8.978 125.227 9.448
202212 8.754 125.222 9.212
202303 8.783 127.348 9.088
202306 9.058 128.729 9.272
202309 9.719 129.860 9.862
202312 10.077 129.419 10.261
202403 10.249 131.776 10.249

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Limbach Holdings  (STU:J4B) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Limbach Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.35/7.68
=6.82

* 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.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Limbach Holdings was 6.89. The lowest was 4.67. And the median was 5.38.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Limbach Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Limbach Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Limbach Holdings (STU:J4B) Business Description

Industry
Traded in Other Exchanges
Address
797 Commonwealth Drive, Warrendale, PA, USA, 15086
Limbach Holdings Inc is a commercial specialty contractor in the fields of heating, ventilation, air conditioning, plumbing, electrical, and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates in two segments namely General Contractor Relationships (GCR) and Owner Direct Relationships (ODR). The company generates maximum revenue from the GCR segment.

Limbach Holdings (STU:J4B) Headlines

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