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UFP Industries (STU:UF3) Cyclically Adjusted PB Ratio : 4.29 (As of Jun. 09, 2024)


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What is UFP Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-09), UFP Industries's current share price is €105.65. UFP Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €24.61. UFP Industries's Cyclically Adjusted PB Ratio for today is 4.29.

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

STU:UF3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 3   Max: 5.65
Current: 4.24

During the past years, UFP Industries's highest Cyclically Adjusted PB Ratio was 5.65. The lowest was 1.28. And the median was 3.00.

STU:UF3's Cyclically Adjusted PB Ratio is ranked worse than
92.28% of 246 companies
in the Forest Products industry
Industry Median: 0.92 vs STU:UF3: 4.24

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.

UFP Industries's adjusted book value per share data for the three months ended in Mar. 2024 was €46.001. 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 €24.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UFP Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for UFP 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.

UFP Industries Cyclically Adjusted PB Ratio Chart

UFP 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 3.46 3.70 5.17 3.69 4.93

UFP Industries 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 3.51 4.10 4.15 4.93 4.58

Competitive Comparison of UFP Industries's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, UFP 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.


UFP Industries's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, UFP Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



UFP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=105.65/24.61
=4.29

* 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.

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

For example, UFP Industries'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)
=46.001/131.7762*131.7762
=46.001

Current CPI (Mar. 2024) = 131.7762.

UFP Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.185 100.560 10.726
201409 8.864 100.428 11.631
201412 9.276 99.070 12.338
201503 10.724 99.621 14.185
201506 10.611 100.684 13.888
201509 10.977 100.392 14.409
201512 11.436 99.792 15.101
201603 11.524 100.470 15.115
201606 11.812 101.688 15.307
201609 12.227 101.861 15.818
201612 13.191 101.863 17.065
201703 13.436 102.862 17.213
201706 13.099 103.349 16.702
201709 12.834 104.136 16.241
201712 13.249 104.011 16.786
201803 13.198 105.290 16.518
201806 14.341 106.317 17.775
201809 14.958 106.507 18.507
201812 15.497 105.998 19.266
201903 16.198 107.251 19.902
201906 16.835 108.070 20.528
201909 17.977 108.329 21.868
201912 18.228 108.420 22.155
202003 18.673 108.902 22.595
202006 19.226 108.767 23.293
202009 19.392 109.815 23.270
202012 19.612 109.897 23.517
202103 21.275 111.754 25.087
202106 23.303 114.631 26.788
202109 25.419 115.734 28.942
202112 28.288 117.630 31.690
202203 31.522 121.301 34.244
202206 35.004 125.017 36.897
202209 39.934 125.227 42.023
202212 39.281 125.222 41.337
202303 40.247 127.348 41.647
202306 41.825 128.729 42.815
202309 44.254 129.860 44.907
202312 44.640 129.419 45.453
202403 46.001 131.776 46.001

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.


UFP Industries  (STU:UF3) 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.


UFP Industries Cyclically Adjusted PB Ratio Related Terms

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


UFP Industries (STU:UF3) Business Description

Traded in Other Exchanges
Address
2801 East Beltline Avenue NE, Grand Rapids, MI, USA, 49525
UFP Industries Inc is a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, packaging and construction.

UFP Industries (STU:UF3) Headlines

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