BLDR (Builders FirstSource) Cyclically Adjusted PB Ratio: 3.32 (As of Jul. 15, 2026) — 65% Below Median

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BLDR Builders FirstSource Inc BLDR
81 GF Score
Price $76.05
GF Value $133.72
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Builders FirstSource Cyclically Adjusted PB Ratio?

Builders FirstSource BLDR +1.18% 81 Cyclically Adjusted PB Ratio is 3.32 as of Jul. 15, 2026, which is 65% below its 10-year median of 9.45. GuruFocus rates BLDR with a GF Score™ of 81/100 and a GF Value™ of $133.72 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,358 Construction companies, Builders FirstSource ranks worse than 80.93% on this metric.

As of today (2026-07-15), Builders FirstSource's current share price is $76.05. Builders FirstSource's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $22.90. Builders FirstSource's Cyclically Adjusted PB Ratio for today is 3.32.

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: 3.07   Med: 9.45   Max: 16.77
Current: 3.28

During the past years, Builders FirstSource's highest Cyclically Adjusted PB Ratio was 16.77. The lowest was 3.07. And the median was 9.45.

BLDR's Cyclically Adjusted PB Ratio is ranked worse than
80.93% of 1358 companies
in the Construction industry
Industry Median: 1.19 vs BLDR: 3.28

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. 2026 was $37.242. 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 $22.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Builders FirstSource Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Builders FirstSource Cyclically Adjusted PB Ratio Chart

Builders FirstSource Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.26 7.04 12.67 8.23 4.76

Builders FirstSource Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.73 5.94 5.85 4.76 3.60

BLDR vs AAON, OC, SPXC: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BLDR
81GF Score
Builders FirstSource Inc BLDR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=76.05/22.90
=3.32

* 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. 2026 is calculated as:

For example, Builders FirstSource's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=37.242/330.2130*330.2130
=37.242

Current CPI (Mar. 2026) = 330.2130.

Builders FirstSource Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.526 241.018 2.091
201609 2.692 241.428 3.682
201612 2.775 241.432 3.795
201703 2.888 243.801 3.912
201706 3.261 244.955 4.396
201709 3.648 246.819 4.881
201712 3.313 246.524 4.438
201803 3.498 249.554 4.629
201806 4.024 251.989 5.273
201809 4.692 252.439 6.138
201812 5.182 251.233 6.811
201903 5.471 254.202 7.107
201906 6.076 256.143 7.833
201909 6.729 256.759 8.654
201912 7.108 256.974 9.134
202003 7.152 258.115 9.150
202006 7.849 257.797 10.054
202009 8.629 260.280 10.947
202012 9.867 260.474 12.509
202103 24.094 264.877 30.037
202106 26.460 271.696 32.159
202109 28.139 274.310 33.874
202112 26.707 278.802 31.632
202203 29.036 287.504 33.349
202206 32.057 296.311 35.725
202209 35.066 296.808 39.013
202212 35.737 296.797 39.761
202303 35.344 301.836 38.667
202306 34.728 305.109 37.585
202309 37.121 307.789 39.825
202312 38.835 306.746 41.806
202403 40.612 312.332 42.937
202406 36.965 314.175 38.852
202409 38.480 315.301 40.300
202412 37.828 315.605 39.579
202503 38.462 319.799 39.714
202506 37.798 322.561 38.695
202509 39.042 324.800 39.693
202512 39.357 324.054 40.105
202603 37.242 330.213 37.242

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.

What does a Cyclically Adjusted PB Ratio of 3.32 mean?
Builders FirstSource (BLDR) has a Cyclically Adjusted PB Ratio of 3.32 as of Jul. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Builders FirstSource and its competitors. This is 65% below median its historical median of 9.45. Over the past decade, Builders FirstSource's Cyclically Adjusted PB Ratio has ranged from 3.07 to 16.77. According to the industry distribution chart, Builders FirstSource ranks #1099 out of 1358 companies in the Construction industry, placing it in the top 80.9%.
Is Builders FirstSource's Cyclically Adjusted PB Ratio too high?
Builders FirstSource's current Cyclically Adjusted PB Ratio of 3.32 is 65% below median its 10-year median of 9.45. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 16.77. The Construction industry median Cyclically Adjusted PB Ratio is 1.19. Builders FirstSource's value of 3.32 is 179% above this industry median. Based on the distribution chart, Builders FirstSource ranks #1099 out of 1358 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Builders FirstSource has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Builders FirstSource's Cyclically Adjusted PB Ratio compare to AAON and OC?
According to the Construction industry distribution chart, Builders FirstSource ranks #1099 out of 1358 companies for Cyclically Adjusted PB Ratio. This places Builders FirstSource in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.19. Builders FirstSource's value of 3.32 is 179% above this benchmark. Historically, Builders FirstSource's own Cyclically Adjusted PB Ratio has ranged from 3.07 to 16.77 over the past decade. While the company's 10-year median is 9.45 vs. the industry median of 1.19, Builders FirstSource has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.19, based on 1,358 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Builders FirstSource's current Cyclically Adjusted PB Ratio of 3.32 is 179% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Builders FirstSource and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Builders FirstSource's current Cyclically Adjusted PB Ratio is 3.32, which is 65% below median its own 10-year median of 9.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Builders FirstSource stock overvalued right now?
Based on GuruFocus' analysis, Builders FirstSource (BLDR) is currently considered Significantly Undervalued. The stock's GF Value™ is $133.72, compared to a current price of $76.05 — trading 43.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.32, which is 65% below median its 10-year median of 9.45 and 179% above the Construction industry median of 1.19. Builders FirstSource's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Builders FirstSource (BLDR), the current Cyclically Adjusted PB Ratio is 3.32 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Builders FirstSource (BLDR) Overvalued in 2026?

Based on GuruFocus' analysis, Builders FirstSource stock appears to be undervalued. The current stock price of $76.05 is trading 43.1% below its estimated GF Value™ of $133.72. GuruFocus considers Builders FirstSource to be Significantly Undervalued.

Key valuation signals for BLDR:

  • Cyclically Adjusted PB Ratio: 3.32 (65% below median its 10-year median of 9.45)
  • GF Value™: $133.72 vs. price of $76.05 (43.1% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 179% above the Construction median (#1099 of 1358)

No single metric tells the full story. See the BLDR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Builders FirstSource Business Description

Address 6031 Connection Drive, Suite 400, Irving, TX, USA, 75039
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.
81GF Score

Get the complete analysis for BLDR

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$76.05
Price
$133.72
GF Value