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TopBuild (MEX:BLD) Cyclically Adjusted Book per Share : MXN1,029.82 (As of Mar. 2025)


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What is TopBuild Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

TopBuild's adjusted book value per share for the three months ended in Mar. 2025 was MXN1,507.786. 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 MXN1,029.82 for the trailing ten years ended in Mar. 2025.

During the past 12 months, TopBuild's average Cyclically Adjusted Book Growth Rate was 10.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2025-05-28), TopBuild's current stock price is MXN5400.00. TopBuild's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN1,029.82. TopBuild's Cyclically Adjusted PB Ratio of today is 5.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TopBuild was 10.03. The lowest was 5.11. And the median was 7.99.


TopBuild Cyclically Adjusted Book per Share Historical Data

The historical data trend for TopBuild's Cyclically Adjusted Book per Share 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 Book per Share Chart

TopBuild Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 501.09 1,268.72

TopBuild Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 443.54 519.24 857.62 1,268.72 1,029.82

Competitive Comparison of TopBuild's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, TopBuild'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.


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

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

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


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TopBuild Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, TopBuild's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1507.786/134.9266*134.9266
=1,507.786

Current CPI (Mar. 2025) = 134.9266.

TopBuild Quarterly Data

Book Value per Share CPI Adj_Book
201506 344.542 100.684 461.721
201509 382.059 100.392 513.489
201512 417.864 99.792 564.983
201603 414.089 100.470 556.100
201606 453.055 101.688 601.144
201609 486.033 101.861 643.807
201612 530.239 101.863 702.351
201703 478.925 102.862 628.216
201706 467.423 103.349 610.240
201709 453.649 104.136 587.785
201712 549.952 104.011 713.416
201803 520.266 105.290 666.712
201806 579.312 106.317 735.205
201809 572.346 106.507 725.069
201812 608.858 105.998 775.026
201903 621.641 107.251 782.056
201906 639.464 108.070 798.382
201909 677.531 108.329 843.879
201912 649.253 108.420 807.982
202003 830.113 108.902 1,028.492
202006 849.072 108.767 1,053.280
202009 856.528 109.815 1,052.393
202012 812.569 109.897 997.638
202103 863.345 111.754 1,042.359
202106 890.031 114.631 1,047.609
202109 975.305 115.734 1,137.041
202112 1,019.522 117.630 1,169.440
202203 1,031.052 121.301 1,146.869
202206 1,082.766 125.017 1,168.594
202209 1,154.055 125.227 1,243.449
202212 1,188.937 125.222 1,281.081
202303 1,172.416 127.348 1,242.190
202306 1,208.163 128.729 1,266.332
202309 1,320.000 129.860 1,371.506
202312 1,369.465 129.419 1,427.740
202403 1,414.595 131.776 1,448.414
202406 1,412.053 132.554 1,437.330
202409 1,410.967 133.029 1,431.095
202412 1,569.215 133.157 1,590.068
202503 1,507.786 134.927 1,507.786

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


TopBuild  (MEX:BLD) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

TopBuild's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5400.00/1029.82
=5.24

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TopBuild was 10.03. The lowest was 5.11. And the median was 7.99.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


TopBuild Cyclically Adjusted Book per Share Related Terms

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


TopBuild Business Description

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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 majorly in the United States.

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