GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Valmont Industries Inc (NYSE:VMI) » Definitions » Cyclically Adjusted PB Ratio

Valmont Industries (Valmont Industries) Cyclically Adjusted PB Ratio : 3.30 (As of Apr. 28, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Valmont Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Valmont Industries's current share price is $209.99. Valmont Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $63.59. Valmont Industries's Cyclically Adjusted PB Ratio for today is 3.30.

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

VMI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.63   Max: 5.89
Current: 3.3

During the past years, Valmont Industries's highest Cyclically Adjusted PB Ratio was 5.89. The lowest was 1.85. And the median was 3.63.

VMI's Cyclically Adjusted PB Ratio is ranked worse than
86.78% of 416 companies
in the Conglomerates industry
Industry Median: 0.92 vs VMI: 3.30

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.

Valmont Industries's adjusted book value per share data for the three months ended in Dec. 2023 was $67.014. 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 $63.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valmont Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Valmont Industries'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.

Valmont Industries Cyclically Adjusted PB Ratio Chart

Valmont Industries 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 3.02 3.37 4.39 5.37 3.67

Valmont Industries 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 5.37 5.09 4.58 3.75 3.67

Competitive Comparison of Valmont Industries's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Valmont Industries'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.


Valmont Industries's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Valmont Industries 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.

Valmont Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=209.99/63.59
=3.30

* 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.

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

For example, Valmont Industries'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)
=67.014/129.4194*129.4194
=67.014

Current CPI (Dec. 2023) = 129.4194.

Valmont Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 59.206 99.695 76.859
201406 58.985 100.560 75.913
201409 48.821 100.428 62.915
201412 49.603 99.070 64.799
201503 45.313 99.621 58.867
201506 45.113 100.684 57.988
201509 42.087 100.392 54.256
201512 40.182 99.792 52.111
201603 40.734 100.470 52.471
201606 41.828 101.688 53.235
201609 42.140 101.861 53.541
201612 41.894 101.863 53.227
201703 44.409 102.862 55.875
201706 47.108 103.349 58.991
201709 49.258 104.136 61.218
201712 49.038 104.011 61.017
201803 50.466 105.290 62.032
201806 49.008 106.317 59.657
201809 46.587 106.507 56.609
201812 48.285 105.998 58.954
201903 49.128 107.251 59.283
201906 49.287 108.070 59.024
201909 49.512 108.329 59.151
201912 53.117 108.420 63.405
202003 50.917 108.902 60.510
202006 52.750 108.767 62.766
202009 53.957 109.815 63.590
202012 55.692 109.897 65.585
202103 57.706 111.754 66.828
202106 60.995 114.631 68.864
202109 62.103 115.734 69.446
202112 65.171 117.630 71.703
202203 69.363 121.301 74.005
202206 69.942 125.017 72.405
202209 71.087 125.227 73.467
202212 74.044 125.222 76.526
202303 72.135 127.348 73.308
202306 75.513 128.729 75.918
202309 70.339 129.860 70.101
202312 67.014 129.419 67.014

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.


Valmont Industries  (NYSE:VMI) 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.


Valmont Industries Cyclically Adjusted PB Ratio Related Terms

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


Valmont Industries (Valmont Industries) Business Description

Traded in Other Exchanges
Address
15000 Valmont Plaza, Omaha, NE, USA, 68154-5215
Valmont began in 1946 when founder, Robert B. Daugherty, combined his $5,000 savings with a wholehearted belief that business could and should be done better. From those modest beginnings, the company grew into a global leader, designing and manufacturing highly engineered products and services that support infrastructure development and agricultural productivity. Two primary business segments comprise Valmont: Agriculture and Infrastructure. Valmont have 85 manufacturing facilities in 22 countries, and do business in more than 100 countries across six continents.
Executives
Aaron M Schapper officer: EVP Infrastructure VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
Theodor Werner Freye director VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
John Timothy Donahue officer: EVP, Corp/Business Development VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68135
Stephen G Kaniewski officer: President & COO 15000 VALMONT PLAZA, 15000 VALMONT PLAZA, OMAHA NE 68154
Daas Kaj Den director EIFELLAAN #3, 5691 GW, SON EN BREUGEL P7 00000
Gene Padgett officer: CAO VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Timothy Francis officer: VP Corporate Controller VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154-5215
Thomas Mitchell Parnell officer: SVP, Human Resources VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Renee L Campbell officer: SVP, Investor Relations, Treas VALMONT INDUSTRIES, 15000 VALMONT PLAZA, OMAHA NE 68154
R Andrew Massey officer: VP, Legal and Compliance VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68154
James B. Milliken director ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68135
Mogens C Bay director, officer: Chairman and CEO 15000 VALMONT PLAZA, OMAHA NE 68154
Randt Clark T. Jr. director ONE VALMONT PLAZA, 13815 FIRST NATIONAL BANK PARKWAY, OMAHA NE 68154
Joan Robinson-berry director VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68175
Ritu Favre director 12367 CROSTHWAITE CIRCLE, POWAY CA 92064

Valmont Industries (Valmont Industries) Headlines