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Limbach Holdings (Limbach Holdings) Cyclically Adjusted PB Ratio : 6.13 (As of May. 15, 2024)


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What is Limbach Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Limbach Holdings's current share price is $50.66. Limbach Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.27. Limbach Holdings's Cyclically Adjusted PB Ratio for today is 6.13.

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

LMB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.75   Med: 5.37   Max: 6.21
Current: 6.06

During the past years, Limbach Holdings's highest Cyclically Adjusted PB Ratio was 6.21. The lowest was 4.75. And the median was 5.37.

LMB's Cyclically Adjusted PB Ratio is ranked worse than
93.78% of 1190 companies
in the Construction industry
Industry Median: 1.11 vs LMB: 6.06

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 adjusted book value per share data for the three months ended in Mar. 2024 was $11.140. 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 $8.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Limbach Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Limbach Holdings'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.

Limbach Holdings Cyclically Adjusted PB Ratio Chart

Limbach Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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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 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 - - - - 5.01

Competitive Comparison of Limbach Holdings's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.66/8.27
=6.13

* 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.

Limbach Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=11.14/129.4194*129.4194
=11.140

Current CPI (Mar. 2024) = 129.4194.

Limbach Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.004 100.560 0.005
201409 7.799 100.428 10.050
201412 7.781 99.070 10.165
201503 7.758 99.621 10.079
201506 7.746 100.684 9.957
201509 7.714 100.392 9.944
201512 1.380 99.792 1.790
201603 7.660 100.470 9.867
201606 7.566 101.688 9.629
201609 5.565 101.861 7.071
201612 6.365 101.863 8.087
201703 6.170 102.862 7.763
201706 6.227 103.349 7.798
201709 6.235 104.136 7.749
201712 6.418 104.011 7.986
201803 5.847 105.290 7.187
201806 6.027 106.317 7.337
201809 5.599 106.507 6.804
201812 6.107 105.998 7.456
201903 6.395 107.251 7.717
201906 6.266 108.070 7.504
201909 5.849 108.329 6.988
201912 6.096 108.420 7.277
202003 6.045 108.902 7.184
202006 6.392 108.767 7.606
202009 6.730 109.815 7.931
202012 6.779 109.897 7.983
202103 7.494 111.754 8.679
202106 7.624 114.631 8.608
202109 8.076 115.734 9.031
202112 8.524 117.630 9.378
202203 8.334 121.301 8.892
202206 8.473 125.017 8.771
202209 8.889 125.227 9.187
202212 9.274 125.222 9.585
202303 9.403 127.348 9.556
202306 9.813 128.729 9.866
202309 10.372 129.860 10.337
202312 10.989 129.419 10.989
202403 11.140 129.419 11.140

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.


Limbach Holdings  (NAS:LMB) 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.


Limbach Holdings Cyclically Adjusted PB Ratio Related Terms

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


Limbach Holdings (Limbach Holdings) Business Description

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.
Executives
Jayme L. Brooks officer: EVP & Chief Financial Officer 21211 NORDHOFF STREET, CHATSWORTH CA 91311
Michael M Mccann officer: Chief Operating Officer 797 COMMONWEALTH DRIVE, WARRENDALE PA 15086
Norbert W. Young director 31-35TH STREET, PITTSBURGH PA 15201
Gordon G Pratt director, officer: President and CEO 1101 BRICKELL AVENUE, SOUTH TOWER, 8TH FLOOR, MIAMI FL 33131
Jay Sharp officer: President of Limbach 797 COMMWEALTH DRIVE, WARRENDALE PA 15086
Nicholas Angerosa officer: President of Harper 797 COMMWEALTH DRIVE, WARRENDALE PA 15086
Joshua Horowitz director 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Bacon Charles A. Iii officer: President and CEO 31-35TH STREET, PITTSBURGH PA 15201
Linda G Alvarado director 2140 LAKE PARK BOULEVARD, RICHARDSON TX 75080-2254
Laurel J Krzeminski director 585 WEST BEACH STREET, PO BOX 50085, WATSONVILLE CA 95076
1347 Investors Llc 10 percent owner 150 PIERCE ROAD, 6TH FLOOR, ITASCA IL 60143
Palm Global Small Cap Master Fund Lp director C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Bradley C Palmer other: Director by Deputization C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Palm Management (us) Llc director 19 WEST ELM STREET, GREENWICH CT 06830
Kingsway Financial Services Inc 10 percent owner 10 S. RIVERSIDE PLAZA, SUITE 1520, CHICAGO IL 60606