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PWR (Quanta Services) Cyclically Adjusted Book per Share : $36.40 (As of Mar. 2025)


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What is Quanta Services 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.

Quanta Services's adjusted book value per share for the three months ended in Mar. 2025 was $50.293. 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 $36.40 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Quanta Services's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Quanta Services was 11.20% per year. The lowest was -2.00% per year. And the median was 8.80% per year.

As of today (2025-07-04), Quanta Services's current stock price is $386.51. Quanta Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $36.40. Quanta Services's Cyclically Adjusted PB Ratio of today is 10.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Quanta Services was 10.62. The lowest was 1.11. And the median was 2.09.


Quanta Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Quanta Services'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.

Quanta Services Cyclically Adjusted Book per Share Chart

Quanta Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.68 26.78 29.96 32.56 35.39

Quanta Services Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 33.57 34.21 34.84 35.39 36.40

Competitive Comparison of Quanta Services's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Quanta Services'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.


Quanta Services's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Quanta Services 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, Quanta Services's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=50.293/134.9266*134.9266
=50.293

Current CPI (Mar. 2025) = 134.9266.

Quanta Services Quarterly Data

Book Value per Share CPI Adj_Book
201506 21.121 100.684 28.304
201509 20.385 100.392 27.398
201512 20.179 99.792 27.283
201603 20.646 100.470 27.727
201606 22.195 101.688 29.450
201609 22.649 101.861 30.001
201612 23.077 101.863 30.568
201703 22.931 102.862 30.079
201706 23.616 103.349 30.832
201709 24.652 104.136 31.941
201712 24.726 104.011 32.075
201803 24.354 105.290 31.209
201806 24.755 106.317 31.417
201809 25.705 106.507 32.564
201812 25.543 105.998 32.514
201903 26.209 107.251 32.972
201906 26.546 108.070 33.143
201909 27.457 108.329 34.198
201912 28.451 108.420 35.407
202003 27.538 108.902 34.119
202006 28.425 108.767 35.261
202009 29.904 109.815 36.742
202012 31.411 109.897 38.565
202103 31.374 111.754 37.879
202106 32.233 114.631 37.940
202109 33.288 115.734 38.808
202112 35.842 117.630 41.112
202203 35.735 121.301 39.749
202206 35.833 125.017 38.673
202209 36.345 125.227 39.160
202212 37.665 125.222 40.584
202303 37.982 127.348 40.242
202306 39.401 128.729 41.298
202309 41.216 129.860 42.824
202312 43.106 129.419 44.940
202403 43.424 131.776 44.462
202406 44.847 132.554 45.650
202409 47.903 133.029 48.586
202412 49.552 133.157 50.210
202503 50.293 134.927 50.293

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


Quanta Services  (NYSE:PWR) 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.

Quanta Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=386.51/36.40
=10.62

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Quanta Services was 10.62. The lowest was 1.11. And the median was 2.09.


Be Aware

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


Quanta Services Cyclically Adjusted Book per Share Related Terms

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


Quanta Services Business Description

Industry
Address
2727 North Loop West, Houston, TX, USA, 77008
Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under two segments: electric infrastructure and underground utility and infrastructure.
Executives
Austin Earl C. Jr. director, officer: President, CEO and COO QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Ducey Gerald A Jr officer: Pres. - Strategic Operations 2727 NORTH LOOP WEST, HOUSTON TX 77008
James Redgie Probst officer: President - Electric Power 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Donald Wayne officer: EVP and General Counsel 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Margaret B Shannon director 5500 NORTHWEST CENTRAL DRIVE, HOUSTON TX 77092
Bernard Fried director QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Vincent D Foster director QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Derrick A Jensen officer: Chief Financial Officer QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
Raul Javier Valentin director ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Dorothy Upperman officer: VP Tax 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
Worthing F Jackman director QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008
Robert Scott Rowe director 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
Paul Nobel officer: Chief Accounting Officer & VP C/O QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044
John Michal Conaway director QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056