CRH (BSP:C1RH34) Cyclically Adjusted PB Ratio: 3.36 (As of Aug. 26, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:C1RH34 CRH PLC BSP:C1RH34
62 GF Score
Price R$82.70
GF Value R$91.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is CRH Cyclically Adjusted PB Ratio?

CRH BSP:C1RH34 +0.85% 62 Cyclically Adjusted PB Ratio is 3.36 as of Aug. 26, 2026, which is 6% below its 10-year median of 3.57. GuruFocus rates BSP:C1RH34 with a GF Score™ of 62/100 and a GF Value™ of R$91.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 296 Building Materials companies, CRH ranks worse than 85.81% on this metric.

As of today (2026-08-26), CRH's current share price is R$82.70. CRH's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$24.64. CRH's Cyclically Adjusted PB Ratio for today is 3.36.

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

BSP:C1RH34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.57   Max: 4.77
Current: 3.37

During the past years, CRH's highest Cyclically Adjusted PB Ratio was 4.77. The lowest was 2.19. And the median was 3.57.

BSP:C1RH34's Cyclically Adjusted PB Ratio is ranked worse than
85.81% of 296 companies
in the Building Materials industry
Industry Median: 0.98 vs BSP:C1RH34: 3.37

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.

CRH's adjusted book value per share data for the three months ended in Jun. 2026 was R$184.950. 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 R$24.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRH  (BSP:C1RH34) 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.


CRH Cyclically Adjusted PB Ratio Related Terms


CRH Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CRH'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.

CRH Cyclically Adjusted PB Ratio Chart

CRH 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 2.51 1.65 2.77 3.55 4.53

CRH Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.42 4.42 4.53 3.74 3.75

BSP:C1RH34 vs VMC, MLM, JHX: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, CRH'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.


CRH Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, CRH's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:C1RH34
62GF Score
CRH PLC BSP:C1RH34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CRH 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.

CRH's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=82.70/24.64
=3.36

* 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.

CRH's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=184.95/128.6700*128.6700
=184.950

Current CPI (Jun. 2026) = 128.6700.

CRH Quarterly Data

Book Value per Share CPI Adj_Book
201006 32.188 95.490 43.373
201012 32.410 96.187 43.355
201106 31.333 98.081 41.105
201112 35.350 98.480 46.187
201206 37.407 99.676 48.288
201212 39.909 99.676 51.518
201306 39.367 100.374 50.465
201312 42.357 99.875 54.569
201406 38.276 100.773 48.872
201412 44.133 99.576 57.027
201506 53.160 100.573 68.011
201512 67.083 99.676 86.596
201606 57.716 101.072 73.476
201612 58.879 99.676 76.006
201706 60.440 100.673 77.248
201712 68.275 100.075 87.784
201806 80.652 101.072 102.675
201812 87.341 100.773 111.520
201906 85.578 102.168 107.777
201912 98.903 102.068 124.680
202006 120.854 101.769 152.800
202012 128.805 101.072 163.976
202106 124.516 103.364 155.000
202112 148.457 106.653 179.103
202206 138.185 112.779 157.656
202212 156.050 115.436 173.941
202303 0.000 117.609 0.000
202306 137.910 119.662 148.292
202309 0.000 120.749 0.000
202312 147.631 120.749 157.316
202403 144.951 120.990 154.152
202406 163.299 122.318 171.779
202409 178.183 121.594 188.552
202412 194.625 122.439 204.529
202503 179.712 123.405 187.379
202506 184.068 124.492 190.246
202509 186.437 124.810 192.203
202512 195.853 125.770 200.369
202603 180.547 127.830 181.733
202606 184.950 128.670 184.950

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 3.36 mean?
CRH (BSP:C1RH34) has a Cyclically Adjusted PB Ratio of 3.36 as of Aug. 26, 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 CRH and its competitors. This is near median its historical median of 3.57. Over the past decade, CRH's Cyclically Adjusted PB Ratio has ranged from 2.19 to 4.77. According to the industry distribution chart, CRH ranks #254 out of 296 companies in the Building Materials industry, placing it in the top 85.8%.
Is CRH's Cyclically Adjusted PB Ratio too high?
CRH's current Cyclically Adjusted PB Ratio of 3.36 is near median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 4.77. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.98. CRH's value of 3.36 is 242.9% above this industry median. Based on the distribution chart, CRH ranks #254 out of 296 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, CRH has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CRH's Cyclically Adjusted PB Ratio compare to VMC and MLM?
According to the Building Materials industry distribution chart, CRH ranks #254 out of 296 companies for Cyclically Adjusted PB Ratio. This places CRH in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. CRH's value of 3.36 is 242.9% above this benchmark. Historically, CRH's own Cyclically Adjusted PB Ratio has ranged from 2.19 to 4.77 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 0.98, CRH 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.98, based on 296 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. CRH's current Cyclically Adjusted PB Ratio of 3.36 is 242.9% 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 CRH and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CRH's current Cyclically Adjusted PB Ratio is 3.36, which is near median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRH stock overvalued right now?
Based on GuruFocus' analysis, CRH (BSP:C1RH34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$91.61, compared to a current price of R$82.70 — trading 9.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.36, which is near median its 10-year median of 3.57 and 242.9% above the Building Materials industry median of 0.98. CRH's overall GF Score™ is 62/100 with 4 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 CRH (BSP:C1RH34), the current Cyclically Adjusted PB Ratio is 3.36 as of Aug. 26, 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 CRH (BSP:C1RH34) Overvalued in 2026?

Based on GuruFocus' analysis, CRH stock appears to be undervalued. The current stock price of R$82.70 is trading 9.7% below its estimated GF Value™ of R$91.61. GuruFocus considers CRH to be Modestly Undervalued.

Key valuation signals for BSP:C1RH34:

  • Cyclically Adjusted PB Ratio: 3.36 (near median its 10-year median of 3.57)
  • GF Value™: R$91.61 vs. price of R$82.70 (9.7% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 242.9% above the Building Materials median (#254 of 296)

No single metric tells the full story. See the BSP:C1RH34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRH Business Description

Other Exchanges CRH:USACRG:Germany
Address Stonemason’s Way, Rathfarnham, Dublin, IRL, D16 KH51
CRH is a global manufacturer of a range of building products used in construction projects, operating via a vertically integrated business model. The past decade has seen CRH transform into a leading building materials business, with increasing exposure to upstream building activities such as aggregates and cement. CRH's geographic footprint is mostly across developed markets. North America is CRH's largest market and accounts for 75% of EBITDA. The company is the largest producer of aggregates and asphalt in the US.
62GF Score

Get the complete analysis for BSP:C1RH34

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

R$82.70
Price
R$91.61
GF Value