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Builders FirstSource (FRA:B1F) Cyclically Adjusted PB Ratio : 10.63 (As of May. 31, 2024)


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What is Builders FirstSource Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Builders FirstSource's current share price is €142.65. Builders FirstSource's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.42. Builders FirstSource's Cyclically Adjusted PB Ratio for today is 10.63.

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

FRA:B1F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.58   Med: 8.7   Max: 16.77
Current: 11.1

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.

FRA:B1F's Cyclically Adjusted PB Ratio is ranked worse than
97.02% of 1240 companies
in the Construction industry
Industry Median: 1.125 vs FRA:B1F: 11.10

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 €37.363. 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 €13.42 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 14.46

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
=142.65/13.42
=10.63

* 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)
=37.363/131.7762*131.7762
=37.363

Current CPI (Mar. 2024) = 131.7762.

Builders FirstSource Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.184 100.560 0.241
201409 0.279 100.428 0.366
201412 0.332 99.070 0.442
201503 0.319 99.621 0.422
201506 0.432 100.684 0.565
201509 1.268 100.392 1.664
201512 1.248 99.792 1.648
201603 1.092 100.470 1.432
201606 1.358 101.688 1.760
201609 2.399 101.861 3.104
201612 2.631 101.863 3.404
201703 2.700 102.862 3.459
201706 2.902 103.349 3.700
201709 3.061 104.136 3.873
201712 2.799 104.011 3.546
201803 2.837 105.290 3.551
201806 3.445 106.317 4.270
201809 4.021 106.507 4.975
201812 4.555 105.998 5.663
201903 4.842 107.251 5.949
201906 5.378 108.070 6.558
201909 6.110 108.329 7.432
201912 6.398 108.420 7.776
202003 6.473 108.902 7.833
202006 6.970 108.767 8.444
202009 7.326 109.815 8.791
202012 8.111 109.897 9.726
202103 20.239 111.754 23.865
202106 21.962 114.631 25.247
202109 23.918 115.734 27.233
202112 23.636 117.630 26.479
202203 26.365 121.301 28.642
202206 30.326 125.017 31.966
202209 35.417 125.227 37.269
202212 33.736 125.222 35.502
202303 33.012 127.348 34.160
202306 32.054 128.729 32.813
202309 34.782 129.860 35.295
202312 35.612 129.419 36.261
202403 37.363 131.776 37.363

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  (FRA:B1F) 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 (FRA:B1F) 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.

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