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UFP Industries (UFP Industries) Cyclically Adjusted PB Ratio : 4.46 (As of Apr. 27, 2024)


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What is UFP Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-27), UFP Industries's current share price is $113.64. UFP Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $25.48. UFP Industries's Cyclically Adjusted PB Ratio for today is 4.46.

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

UFPI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.98   Max: 5.65
Current: 4.42

During the past years, UFP Industries's highest Cyclically Adjusted PB Ratio was 5.65. The lowest was 1.28. And the median was 2.98.

UFPI's Cyclically Adjusted PB Ratio is ranked worse than
93.93% of 214 companies
in the Forest Products industry
Industry Median: 0.87 vs UFPI: 4.42

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 Dec. 2023 was $48.681. 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 $25.48 for the trailing ten years ended in Dec. 2023.

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
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 3.69 3.51 4.10 4.15 4.93

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
=113.64/25.48
=4.46

* 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 Dec. 2023 is calculated as:

For example, UFP 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)
=48.681/129.4194*129.4194
=48.681

Current CPI (Dec. 2023) = 129.4194.

UFP Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.818 99.695 14.043
201406 11.122 100.560 14.314
201409 11.423 100.428 14.721
201412 11.437 99.070 14.941
201503 11.606 99.621 15.078
201506 11.909 100.684 15.308
201509 12.319 100.392 15.881
201512 12.458 99.792 16.157
201603 12.833 100.470 16.531
201606 13.272 101.688 16.891
201609 13.723 101.861 17.436
201612 13.915 101.863 17.679
201703 14.370 102.862 18.080
201706 14.718 103.349 18.431
201709 15.297 104.136 19.011
201712 15.680 104.011 19.510
201803 16.274 105.290 20.004
201806 16.753 106.317 20.393
201809 17.454 106.507 21.209
201812 17.630 105.998 21.526
201903 18.302 107.251 22.085
201906 19.023 108.070 22.781
201909 19.799 108.329 23.654
201912 20.253 108.420 24.176
202003 20.633 108.902 24.520
202006 21.651 108.767 25.762
202009 22.841 109.815 26.919
202012 23.859 109.897 28.097
202103 25.327 111.754 29.330
202106 28.076 114.631 31.698
202109 29.905 115.734 33.441
202112 31.964 117.630 35.168
202203 34.716 121.301 37.039
202206 37.002 125.017 38.305
202209 39.539 125.227 40.863
202212 41.611 125.222 43.006
202303 43.091 127.348 43.792
202306 45.315 128.729 45.558
202309 47.230 129.860 47.070
202312 48.681 129.419 48.681

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  (NAS:UFPI) 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 (UFP Industries) 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.
Executives
Patrick M. Benton officer: XVP UFP Eastern Div - North 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William G Currie director 2801 EAST BELTINE N E, GRAND RAPIDS MI 49505
Michael R Cole officer: Chief Financial Officer 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Mary E Tuuk director 625 KENMOOR AVE SE, SUITE 301, GRAND RAPIDS MI 49456
Bruce A Merino director 3800 WEST CHAPMAN AVE, ORANGE CA 92868
David A. Tutas officer: Vice President Legal & Secty 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Matthew J Missad director, officer: Chief Executive Officer 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Patrick M Webster officer: Pres. and Chief Operating Off. 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William Danny Schwartz officer: Exec. VP, Operations Services 2801 EAST BELTLINE AVE NE, GRAND RAPIDS MI 49525
Allen T Peters officer: President, UFP Western Div 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Benjamin J. Mclean director 2801 E BELTLINE AVE NE, GRAND RAPIDS MI 49525
Scott T Bravata officer: Vice President Administration 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Michael G. Wooldridge director 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Donald L James officer: XVP National Sales 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Scott A Worthington officer: President, UFP Industrial, LLC 2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525