North American Construction (NOA) Price to Book (2009 - 2026)
North American Construction's (NOA) Price to Book came in at 1.10 for the quarter ended Jun 30, 2026, down 17.2% from 1.33 a year earlier and down 1.8% from the prior quarter.
North American Construction (NOA) Price to Book (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, North American Construction's Price to Book stood at 1.27, down 39.9% from the prior year.
- In prior years, North American Construction's Price to Book was 2.11 in the year ended Dec 31, 2024 (-3.9%), 2.19 in the year ended Dec 31, 2023 (+38.7%), 1.58 in the year ended Dec 31, 2022 (-23.0%) and 2.05 in the year ended Dec 31, 2021 (+24.2%).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Price to Book since the quarter ended Sep 30, 2020.
- On a year-over-year basis, Price to Book has declined in each of the last nine quarters, with an average decline of 26.2% over the last eight quarters.
- The strongest year-over-year quarter for Price to Book in the past five years was the quarter ended Sep 30, 2021, with growth of 118.2%; the weakest was the quarter ended Dec 31, 2025, with a decline of 41.2%.
- According to Business Quant data, Price to Book for the three prior quarters was 1.12 (quarter ended Mar 31, 2026), 1.26 (quarter ended Dec 31, 2025) and 1.15 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - |
| 10 | North American Construction | 346.15 Mn | -9.05 Mn | 31.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 |
| Mar 31, 2026 | 1.12 |
| Dec 31, 2025 | 1.26 |
| Sep 30, 2025 | 1.15 |
| Jun 30, 2025 | 1.33 |
| Mar 31, 2025 | 1.36 |
| Dec 31, 2024 | 2.15 |
| Sep 30, 2024 | 1.81 |
| Jun 30, 2024 | 1.93 |
| Mar 31, 2024 | 2.28 |
| Dec 31, 2023 | 2.21 |
| Sep 30, 2023 | 2.36 |
| Jun 30, 2023 | 2.12 |
| Mar 31, 2023 | 1.93 |
| Dec 31, 2022 | 1.65 |
| Sep 30, 2022 | 1.33 |
| Jun 30, 2022 | 1.52 |
| Mar 31, 2022 | 1.89 |
| Dec 31, 2021 | 2.05 |
| Sep 30, 2021 | 2.18 |
North American Construction Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=NOA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "NOA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=NOA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();