Ferguson Enterprises (CHIX:FERGL) Cyclically Adjusted PB Ratio: 8.89 (As of Jul. 26, 2026) — 14% Above Median

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CHIX:FERGL Ferguson Enterprises Inc CHIX:FERGL
88 GF Score
Price £174.10
GF Value £173.24
Valuation Fairly Valued
! 1 Warning Sign
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What is Ferguson Enterprises Cyclically Adjusted PB Ratio?

Ferguson Enterprises CHIX:FERGL 88 Cyclically Adjusted PB Ratio is 8.89 as of Jul. 26, 2026, which is 14% above its 10-year median of 7.80. GuruFocus rates CHIX:FERGL with a GF Score™ of 88/100 and a GF Value™ of £173.24 (Fairly Valued). The stock has 1 warning sign investors should review. Among 127 Industrial Distribution companies, Ferguson Enterprises ranks worse than 93.7% on this metric.

As of today (2026-07-26), Ferguson Enterprises's current share price is £174.10. Ferguson Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was £19.59. Ferguson Enterprises's Cyclically Adjusted PB Ratio for today is 8.89.

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

CHIX:FERGl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.88   Med: 7.8   Max: 10.16
Current: 8.79

During the past years, Ferguson Enterprises's highest Cyclically Adjusted PB Ratio was 10.16. The lowest was 4.88. And the median was 7.80.

CHIX:FERGl's Cyclically Adjusted PB Ratio is ranked worse than
93.7% of 127 companies
in the Industrial Distribution industry
Industry Median: 1.26 vs CHIX:FERGl: 8.79

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.

Ferguson Enterprises's adjusted book value per share data for the three months ended in Mar. 2026 was £22.694. 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 £19.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferguson Enterprises  (CHIX:FERGl) 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.


Ferguson Enterprises Cyclically Adjusted PB Ratio Related Terms


Ferguson Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ferguson Enterprises'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.

Ferguson Enterprises Cyclically Adjusted PB Ratio Chart

Ferguson Enterprises Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.74 5.98 7.01 8.96 8.71

Ferguson Enterprises Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 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 7.13 6.65 8.71 9.61 8.89

CHIX:FERGL vs FAST, GWW, WCC: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Ferguson Enterprises'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.


Ferguson Enterprises Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferguson Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:FERGL
88GF Score
Ferguson Enterprises Inc CHIX:FERGL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferguson Enterprises 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.

Ferguson Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=174.10/19.59
=8.89

* 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.

Ferguson Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ferguson Enterprises'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)
=22.694/330.2130*330.2130
=22.694

Current CPI (Mar. 2026) = 330.2130.

Ferguson Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201107 13.726 225.922 20.062
201207 12.567 229.104 18.113
201301 10.753 230.280 15.419
201307 12.189 233.596 17.230
201401 10.922 233.916 15.418
201407 11.324 238.250 15.695
201501 9.990 233.707 14.115
201507 10.610 238.654 14.680
201601 11.122 236.916 15.502
201607 12.209 240.628 16.754
201701 13.053 242.839 17.749
201707 14.561 244.786 19.643
201801 13.969 247.867 18.610
201807 13.303 252.006 17.431
201901 14.336 251.712 18.807
201907 15.178 256.571 19.534
202001 13.905 257.971 17.799
202007 15.296 259.101 19.494
202010 0.000 260.388 0.000
202101 14.634 261.582 18.474
202104 0.000 267.054 0.000
202107 16.293 273.003 19.707
202110 16.987 276.589 20.280
202201 16.278 281.148 19.119
202204 16.108 289.109 18.398
202207 18.431 296.276 20.542
202210 21.704 298.012 24.049
202301 18.689 299.170 20.628
202304 18.496 303.363 20.133
202307 19.160 305.691 20.697
202310 21.596 307.671 23.178
202401 21.004 308.417 22.488
202404 21.823 313.548 22.983
202407 21.673 314.540 22.753
202410 21.613 315.664 22.609
202501 22.127 317.671 23.001
202504 21.204 320.795 21.827
202507 21.892 323.048 22.378
202510 23.366 0.000
202603 22.694 330.213 22.694

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 8.89 mean?
Ferguson Enterprises (CHIX:FERGL) has a Cyclically Adjusted PB Ratio of 8.89 as of Jul. 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 Ferguson Enterprises and its competitors. This is 14% above median its historical median of 7.80. Over the past decade, Ferguson Enterprises' Cyclically Adjusted PB Ratio has ranged from 4.88 to 10.16. According to the industry distribution chart, Ferguson Enterprises ranks #119 out of 127 companies in the Industrial Distribution industry, placing it in the top 93.7%.
Is Ferguson Enterprises' Cyclically Adjusted PB Ratio too high?
Ferguson Enterprises' current Cyclically Adjusted PB Ratio of 8.89 is 14% above median its 10-year median of 7.80. Over the past 10 years, this metric has ranged from a low of 4.88 to a high of 10.16. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.26. Ferguson Enterprises' value of 8.89 is 605.6% above this industry median. Based on the distribution chart, Ferguson Enterprises ranks #119 out of 127 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Ferguson Enterprises has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ferguson Enterprises' Cyclically Adjusted PB Ratio compare to FAST and GWW?
According to the Industrial Distribution industry distribution chart, Ferguson Enterprises ranks #119 out of 127 companies for Cyclically Adjusted PB Ratio. This places Ferguson Enterprises in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Ferguson Enterprises' value of 8.89 is 605.6% above this benchmark. Historically, Ferguson Enterprises' own Cyclically Adjusted PB Ratio has ranged from 4.88 to 10.16 over the past decade. While the company's 10-year median is 7.80 vs. the industry median of 1.26, Ferguson Enterprises 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 an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.26, based on 127 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. Ferguson Enterprises's current Cyclically Adjusted PB Ratio of 8.89 is 605.6% 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 Ferguson Enterprises and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferguson Enterprises's current Cyclically Adjusted PB Ratio is 8.89, which is 14% above median its own 10-year median of 7.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferguson Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Ferguson Enterprises (CHIX:FERGL) is currently considered Fairly Valued. The stock's GF Value™ is £173.24, compared to a current price of £174.10 — trading 0.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.89, which is 14% above median its 10-year median of 7.80 and 605.6% above the Industrial Distribution industry median of 1.26. Ferguson Enterprises' overall GF Score™ is 88/100 with 1 warning sign 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 Ferguson Enterprises (CHIX:FERGL), the current Cyclically Adjusted PB Ratio is 8.89 as of Jul. 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 Ferguson Enterprises (CHIX:FERGL) Overvalued in 2026?

Based on GuruFocus' analysis, Ferguson Enterprises stock appears to be overvalued. The current stock price of £174.10 is trading 0.5% above its estimated GF Value™ of £173.24. GuruFocus considers Ferguson Enterprises to be Fairly Valued.

Key valuation signals for CHIX:FERGL:

  • Cyclically Adjusted PB Ratio: 8.89 (14% above median its 10-year median of 7.80)
  • GF Value™: £173.24 vs. price of £174.10 (0.5% above fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 605.6% above the Industrial Distribution median (#119 of 127)

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


Ferguson Enterprises Business Description

Other Exchanges FERG:USAFERG:UKUH3:Germany
Address 751 Lakefront Commons, Newport News, VA, USA, 23606
Ferguson distributes plumbing and HVAC products to North American repair, maintenance, and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 37,000 suppliers. Ferguson engages customers through approximately 1,700 North American branches, over the phone, online, and in residential showrooms. The firm sold its UK business in 2021 and is now solely focused on the North American market.
88GF Score

Get the complete analysis for CHIX:FERGL

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

£174.10
Price
£173.24
GF Value