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TopBuild (TopBuild) Cyclically Adjusted PS Ratio : 4.09 (As of May. 20, 2024)


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What is TopBuild Cyclically Adjusted PS Ratio?

As of today (2024-05-20), TopBuild's current share price is $405.11. TopBuild's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $98.95. TopBuild's Cyclically Adjusted PS Ratio for today is 4.09.

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

BLD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.35   Med: 3.44   Max: 4.67
Current: 4.08

During the past years, TopBuild's highest Cyclically Adjusted PS Ratio was 4.67. The lowest was 2.35. And the median was 3.44.

BLD's Cyclically Adjusted PS Ratio is ranked worse than
91.46% of 1277 companies
in the Construction industry
Industry Median: 0.64 vs BLD: 4.08

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

TopBuild's adjusted revenue per share data for the three months ended in Mar. 2024 was $40.156. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $98.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TopBuild Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TopBuild's Cyclically Adjusted PS 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.

TopBuild Cyclically Adjusted PS Ratio Chart

TopBuild Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.97

TopBuild Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 - 2.95 2.71 3.97 4.45

Competitive Comparison of TopBuild's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, TopBuild's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


TopBuild's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

* The bar in red indicates where TopBuild's Cyclically Adjusted PS Ratio falls into.



TopBuild Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

TopBuild's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=405.11/98.95
=4.09

* 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.

TopBuild's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TopBuild's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=40.156/131.7762*131.7762
=40.156

Current CPI (Mar. 2024) = 131.7762.

TopBuild Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.047 100.560 13.166
201409 10.437 100.428 13.695
201412 10.448 99.070 13.897
201503 9.408 99.621 12.445
201506 10.719 100.684 14.029
201509 11.288 100.392 14.817
201512 11.259 99.792 14.868
201603 10.924 100.470 14.328
201606 11.364 101.688 14.726
201609 11.939 101.861 15.445
201612 11.799 101.863 15.264
201703 11.889 102.862 15.231
201706 12.757 103.349 16.266
201709 13.684 104.136 17.316
201712 14.020 104.011 17.763
201803 13.720 105.290 17.171
201806 16.909 106.317 20.958
201809 18.086 106.507 22.377
201812 18.269 105.998 22.712
201903 17.847 107.251 21.928
201906 19.102 108.070 23.292
201909 19.854 108.329 24.151
201912 19.549 108.420 23.760
202003 19.441 108.902 23.525
202006 19.460 108.767 23.577
202009 20.994 109.815 25.192
202012 21.739 109.897 26.067
202103 22.371 111.754 26.379
202106 25.146 114.631 28.907
202109 25.560 115.734 29.103
202112 32.110 117.630 35.972
202203 35.377 121.301 38.432
202206 39.072 125.017 41.185
202209 40.304 125.227 42.412
202212 39.726 125.222 41.805
202303 39.897 127.348 41.284
202306 41.512 128.729 42.495
202309 41.716 129.860 42.332
202312 40.350 129.419 41.085
202403 40.156 131.776 40.156

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


TopBuild  (NYSE:BLD) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


TopBuild Cyclically Adjusted PS Ratio Related Terms

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


TopBuild (TopBuild) Business Description

Industry
Traded in Other Exchanges
Address
475 North Williamson Boulevard, Daytona Beach, FL, USA, 32114
TopBuild Corp is an installer and distributor of insulation products. Its operating segments involve the Installation and Specialty Distribution segment. The installation segment provides insulation installation services nationwide through contractor services business. Speciality Distribution segment distributes building and mechanical insulation, insulation accessories and other building product materials for the residential, commercial, and industrial end markets. The majority of revenue is earned from the installation segment. Its main customers are contractors. Other products include gutters, after-paint, garage doors, fireplaces, and fireproofing and stopping. TopBuild operates primarily in the United States.
Executives
Robert M Buck officer: President & COO 260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Luis Francisco Machado officer: VP, Gen. Counsel, Corp Sec. 1142 W. BEARDSLEY AVENUE, ELKHART IN 46514
Steven P Raia officer: President, TruTeam Operations 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
Robert Jeffrey Franklin officer: President, Service Partners 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Joey M Viselli officer: Vice President and COO 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
Deirdre Drake director 8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Carrie Gamble Wood officer: Chief Accounting Officer 475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
John S. Peterson officer: VP & CFO 260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Ernesto Iii Bautista director 575 N DAIRY ASHFORD, SUITE 300, HOUSTON TX 77079
Carl T Camden director 999 WEST BIG BEAVER ROAD, TROY MI 48084
Alec C Covington director C/O NASH FINCH COMPANY, 7600 FRANCE AVENUE SOUTH, MINNEAPOLIS MN 55435
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Mark A Petrarca director A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE WI 53224
Robert M Kuhns officer: Vice President, Controller C/O TOPBUILD CORP., 475 NORTH WILLIAMSON BLVD., DAYTONA BEACH FL 32114

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