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FERG (Ferguson Enterprises) Cyclically Adjusted PB Ratio : 7.22 (As of May. 29, 2025)


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What is Ferguson Enterprises Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Ferguson Enterprises's current share price is $183.39. Ferguson Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was $25.40. Ferguson Enterprises's Cyclically Adjusted PB Ratio for today is 7.22.

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

FERG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.88   Med: 7.13   Max: 9.57
Current: 7.18

During the past years, Ferguson Enterprises's highest Cyclically Adjusted PB Ratio was 9.57. The lowest was 4.88. And the median was 7.13.

FERG's Cyclically Adjusted PB Ratio is ranked worse than
91.54% of 130 companies
in the Industrial Distribution industry
Industry Median: 1.13 vs FERG: 7.18

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 Jan. 2025 was $27.351. 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 $25.40 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferguson Enterprises Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Ferguson Enterprises Cyclically Adjusted PB Ratio Chart

Ferguson Enterprises Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.62 7.74 5.98 7.01 8.96

Ferguson Enterprises Quarterly Data
Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 7.88 8.57 8.96 7.80 7.13

Competitive Comparison of Ferguson Enterprises's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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
=183.39/25.40
=7.22

* 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 Jan. 2025 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=27.351/134.0288*134.0288
=27.351

Current CPI (Jan. 2025) = 134.0288.

Ferguson Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
200907 22.660 90.859 33.426
201001 20.594 91.423 30.192
201007 19.254 91.981 28.056
201101 20.974 92.914 30.255
201107 22.174 95.319 31.179
201207 19.605 96.661 27.184
201301 17.178 97.158 23.697
201307 18.496 98.557 25.153
201401 17.993 98.692 24.435
201407 19.324 100.520 25.766
201501 15.136 98.604 20.574
201507 16.501 100.691 21.964
201601 16.002 99.957 21.456
201607 16.043 101.524 21.180
201701 16.135 102.456 21.107
201707 18.935 103.278 24.573
201801 19.321 104.578 24.762
201807 17.505 106.324 22.066
201901 18.498 106.200 23.345
201907 18.902 108.250 23.403
202001 18.176 108.841 22.382
202007 19.436 109.318 23.830
202010 0.000 109.861 0.000
202101 19.965 110.364 24.246
202104 0.000 112.673 0.000
202107 22.505 115.183 26.187
202110 23.270 116.696 26.726
202201 22.058 118.619 24.923
202204 20.838 121.978 22.897
202207 22.099 125.002 23.695
202210 24.608 125.734 26.231
202301 22.876 126.223 24.291
202304 23.033 127.992 24.119
202307 24.691 128.974 25.659
202310 26.305 129.810 27.160
202401 26.689 130.124 27.490
202404 27.313 132.289 27.672
202407 27.893 132.708 28.171
202410 28.178 133.182 28.357
202501 27.351 134.029 27.351

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.


Ferguson Enterprises  (NYSE:FERG) 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

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


Ferguson Enterprises Business Description

Traded in Other Exchanges
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 36,000 suppliers. Ferguson engages customers through approximately 1,800 North American branches, over the phone, online, and in residential showrooms. According to Modern Distribution Management, Ferguson is the largest plumbing distributor and second-largest HVAC distributor (next to Watsco) in North America. The firm sold its UK business in 2021 and is now solely focused on the North American market.
Executives
Victoria Morrissey officer: Chief Marketing Officer C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Brian May director C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Kevin Michael Murphy director, officer: Chief Executive Officer C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Ian T. Graham officer: Chief Legal Officer C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Jake Schlicher officer: See Remarks C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Richard Winckler officer: Chief Accounting Officer C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Michael Jacobs officer: Senior VP of Supply Chain 33 COFFEE LANE, WATERBURY VT 05676
Garland Williams officer: Senior Vice President C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Thees William T. Jr officer: See Remarks C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Kelly A Baker director 1031 MENDOTA HEIGHTS, ST. PAUL MN 55120
Samantha J Long officer: Chief Human Resources Officer ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Geoff Drabble director, other: Chairman C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
James A. Paisley officer: See Remarks 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
William Brundage director, officer: Chief Financial Officer C/O FERGUSON PLC, 1020 ESKDALE ROAD, WINNERSH TRIANGLE, WOKINGHAM, BERKSHIRE X0 RG41 5TS
Alan J. Murray director 11125 GULF SHORE DRIVE, NAPLES FL 34108