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Builders FirstSource (Builders FirstSource) Cyclically Adjusted PB Ratio : 12.13 (As of May. 16, 2024)


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What is Builders FirstSource Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Builders FirstSource's current share price is $171.94. Builders FirstSource's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.18. Builders FirstSource's Cyclically Adjusted PB Ratio for today is 12.13.

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

BLDR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.58   Med: 8.7   Max: 16.77
Current: 11.97

During the past years, Builders FirstSource's highest Cyclically Adjusted PB Ratio was 16.77. The lowest was 1.58. And the median was 8.70.

BLDR's Cyclically Adjusted PB Ratio is ranked worse than
97.73% of 1190 companies
in the Construction industry
Industry Median: 1.11 vs BLDR: 11.97

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.

Builders FirstSource's adjusted book value per share data for the three months ended in Mar. 2024 was $40.612. 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 $14.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Builders FirstSource Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Builders FirstSource'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.

Builders FirstSource Cyclically Adjusted PB Ratio Chart

Builders FirstSource 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 11.36 14.21 15.26 7.04 12.67

Builders FirstSource 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 8.67 12.12 10.16 12.67 14.70

Competitive Comparison of Builders FirstSource's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Builders FirstSource'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.


Builders FirstSource's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Builders FirstSource 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.

Builders FirstSource's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=171.94/14.18
=12.13

* 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.

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

For example, Builders FirstSource'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)
=40.612/129.4194*129.4194
=40.612

Current CPI (Mar. 2024) = 129.4194.

Builders FirstSource Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.250 100.560 0.322
201409 0.359 100.428 0.463
201412 0.409 99.070 0.534
201503 0.345 99.621 0.448
201506 0.485 100.684 0.623
201509 1.423 100.392 1.834
201512 1.360 99.792 1.764
201603 1.216 100.470 1.566
201606 1.526 101.688 1.942
201609 2.692 101.861 3.420
201612 2.775 101.863 3.526
201703 2.888 102.862 3.634
201706 3.261 103.349 4.084
201709 3.648 104.136 4.534
201712 3.313 104.011 4.122
201803 3.498 105.290 4.300
201806 4.024 106.317 4.898
201809 4.692 106.507 5.701
201812 5.182 105.998 6.327
201903 5.471 107.251 6.602
201906 6.076 108.070 7.276
201909 6.729 108.329 8.039
201912 7.108 108.420 8.485
202003 7.152 108.902 8.499
202006 7.849 108.767 9.339
202009 8.629 109.815 10.169
202012 9.867 109.897 11.620
202103 24.094 111.754 27.903
202106 26.460 114.631 29.873
202109 28.139 115.734 31.466
202112 26.707 117.630 29.384
202203 29.036 121.301 30.979
202206 32.057 125.017 33.186
202209 35.066 125.227 36.240
202212 35.737 125.222 36.935
202303 35.344 127.348 35.919
202306 34.728 128.729 34.914
202309 37.121 129.860 36.995
202312 38.835 129.419 38.835
202403 40.612 129.419 40.612

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.


Builders FirstSource  (NYSE:BLDR) 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.


Builders FirstSource Cyclically Adjusted PB Ratio Related Terms

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


Builders FirstSource (Builders FirstSource) Business Description

Traded in Other Exchanges
Address
2001 Bryan Street, Suite 1600, Dallas, TX, USA, 75201
Builders FirstSource Inc is a manufacturer and supplier of building materials. The company offers structural and related building products such as factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The products can be designed for each home individually and are installed by Builders FirstSource. The company's construction-related services include professional installation, turn-key framing and shell construction. Builders FirstSource's customers range from large production builders to small custom homebuilders.
Executives
Michael Alan Farmer officer: President - Commercial Ops C/O BMC STOCK HOLDINGS, INC., 4800 FALLS OF NEUSE RD, SUITE 400, RALEIGH NC 27609
Michael Hiller officer: President - Central Division 2001 BRYAN ST STE 1600, DALLAS TX 75201
Timothy D Johnson officer: EVP & General Counsel 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Jami Lynn Coulter officer: Principal Accounting Officer 2001 BRYAN ST., SUITE 1600, DALLAS TX 75201
Paul M Mccrobie officer: President - East Division 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Dirkson R Charles director 50 MAIN STREET, 4TH FLOOR, WHITE PLAINS NY 10606
Floyd F Sherman director, officer: President & CEO BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Amy B Messersmith officer: Chief People Officer 2001 BRYAN ST STE 1600, DALLAS TX 75201
James Oleary director
David W Bullock director C/O GRAHAM PACKAGING HOLDINGS COMPANY, 2401 PLEASANT VALLEY ROAD, YORK PA 17402
Mark A Alexander director C/O W. P. CAREY INC., 395 9TH AVENUE, 58TH FLOOR, NEW YORK, NEW YORK NY 10001
David E Flitman director, officer: President C/O NALCO COMPANY, 1601 WEST DIEHL ROAD, NAPERVILLE IL 60563
Boydston Cory Jacobs director C/O BMC STOCK HOLDINGS, INC., 4800 FALLS OF NEUSE RD, SUITE 400, RALEIGH NC 27617
Stephen J Herron officer: President - East Division 2001 BRYAN ST STE 1600, DALLAS TX 75201
David E Rush officer: SVP - COO - East 2001 BRYAN ST., SUITE 1600, DALLAS TX 75201