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Installed Building Products (Installed Building Products) Cyclically Adjusted PB Ratio : 24.04 (As of Apr. 27, 2024)


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What is Installed Building Products Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Installed Building Products's current share price is $239.66. Installed Building Products's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.97. Installed Building Products's Cyclically Adjusted PB Ratio for today is 24.04.

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

IBP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.54   Med: 14.15   Max: 25.95
Current: 23.59

During the past years, Installed Building Products's highest Cyclically Adjusted PB Ratio was 25.95. The lowest was 10.54. And the median was 14.15.

IBP's Cyclically Adjusted PB Ratio is ranked worse than
97.4% of 77 companies
in the Homebuilding & Construction industry
Industry Median: 1.42 vs IBP: 23.59

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.

Installed Building Products's adjusted book value per share data for the three months ended in Dec. 2023 was $23.629. 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 $9.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Installed Building Products Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Installed Building Products'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.

Installed Building Products Cyclically Adjusted PB Ratio Chart

Installed Building Products 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 - - 22.40 10.90 18.33

Installed Building Products Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.90 13.86 15.92 13.25 18.33

Competitive Comparison of Installed Building Products's Cyclically Adjusted PB Ratio

For the Residential Construction subindustry, Installed Building Products'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.


Installed Building Products's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Installed Building Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Installed Building Products's Cyclically Adjusted PB Ratio falls into.



Installed Building Products 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.

Installed Building Products's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=239.66/9.97
=24.04

* 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.

Installed Building Products's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Installed Building Products's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=23.629/129.4194*129.4194
=23.629

Current CPI (Dec. 2023) = 129.4194.

Installed Building Products Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.256 99.695 2.929
201406 2.698 100.560 3.472
201409 2.893 100.428 3.728
201412 2.913 99.070 3.805
201503 2.779 99.621 3.610
201506 3.015 100.684 3.875
201509 3.335 100.392 4.299
201512 3.650 99.792 4.734
201603 3.830 100.470 4.934
201606 4.149 101.688 5.280
201609 4.527 101.861 5.752
201612 4.891 101.863 6.214
201703 5.403 102.862 6.798
201706 5.810 103.349 7.276
201709 6.194 104.136 7.698
201712 6.607 104.011 8.221
201803 6.300 105.290 7.744
201806 6.804 106.317 8.283
201809 6.865 106.507 8.342
201812 6.100 105.998 7.448
201903 6.359 107.251 7.673
201906 6.863 108.070 8.219
201909 7.580 108.329 9.056
201912 8.330 108.420 9.943
202003 8.287 108.902 9.848
202006 9.152 108.767 10.890
202009 10.207 109.815 12.029
202012 10.775 109.897 12.689
202103 11.470 111.754 13.283
202106 12.206 114.631 13.781
202109 13.220 115.734 14.783
202112 14.032 117.630 15.438
202203 13.330 121.301 14.222
202206 13.936 125.017 14.427
202209 15.995 125.227 16.531
202212 17.434 125.222 18.018
202303 17.805 127.348 18.095
202306 19.735 128.729 19.841
202309 22.112 129.860 22.037
202312 23.629 129.419 23.629

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.


Installed Building Products  (NYSE:IBP) 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.


Installed Building Products Cyclically Adjusted PB Ratio Related Terms

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


Installed Building Products (Installed Building Products) Business Description

Traded in Other Exchanges
Address
495 South High Street, Suite 50, Columbus, OH, USA, 43215
Installed Building Products Inc is an insulation installer serving the residential new construction market and are also a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving, mirrors and other products throughout the United States. The company installs fiberglass insulation, spray foam insulation, and cellulose insulation. The company has three operating segments consisting of Installation, Manufacturing and Distribution operations. Majority of revenue is generated from Installation segment.
Executives
Michael Thomas Miller director, officer: See Remarks C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
William Jeffrey Hire officer: President of External Affairs C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Todd R Fry officer: Chief Accounting Officer CHAMPION INDUSTRIES, P O BOX 2968, HUNTINGTON WV 25728-2968
Jeffrey W. Edwards director, 10 percent owner, officer: President, CEO & Chairman C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Marchelle E Moore director C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Janet E. Jackson director C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Margot Lebenberg Carter director C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Jay P. Elliott officer: Chief Operating Offier C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Michael H Thomas director 100 E CAMPUS VIEW BLVD STE 170, C/O TEAM AMERICA, COLUMBUS OH 43235
Lawrence A. Hilsheimer director 425 WINTER ROAD, DELAWARE OH 43015
Jason R Niswonger officer: SVP, Finance & IR C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Vikas Verma director C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
David R Meuse director 191 WEST NATIONWIDE BLVD, COLUMBUS OH 43215
J Michael Nixon director, 10 percent owner C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Installed Building Systems, Inc. director, 10 percent owner, other: Director by Deputization 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215