Installed Building Products (FRA:2IL) Cyclically Adjusted PB Ratio: 14.53 (As of Jul. 15, 2026) — Near Median

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FRA:2IL Installed Building Products Inc FRA:2IL
91 GF Score
Price €196.00
GF Value €197.10
! 3 Warning Signs
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What is Installed Building Products Cyclically Adjusted PB Ratio?

Installed Building Products FRA:2IL +0.51% 91 Cyclically Adjusted PB Ratio is 14.53 as of Jul. 15, 2026, which is 4% below its 10-year median of 15.16. GuruFocus rates FRA:2IL with a GF Score™ of 91/100 and a GF Value™ of €197.10. The stock has 3 warning signs investors should review. Among 74 Homebuilding & Construction companies, Installed Building Products ranks worse than 98.65% on this metric.

As of today (2026-07-15), Installed Building Products's current share price is €196.00. Installed Building Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €13.49. Installed Building Products's Cyclically Adjusted PB Ratio for today is 14.53.

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

FRA:2IL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.54   Med: 15.16   Max: 25.95
Current: 14.43

During the past years, Installed Building Products's highest Cyclically Adjusted PB Ratio was 25.95. The lowest was 10.54. And the median was 15.16.

FRA:2IL's Cyclically Adjusted PB Ratio is ranked worse than
98.65% of 74 companies
in the Homebuilding & Construction industry
Industry Median: 1.08 vs FRA:2IL: 14.43

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.

Installed Building Products's adjusted book value per share data for the three months ended in Mar. 2026 was €21.434. 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 €13.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Installed Building Products  (FRA:2IL) 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.


Installed Building Products Cyclically Adjusted PB Ratio Related Terms


Installed Building Products Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Installed Building Products'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.

Installed Building Products Cyclically Adjusted PB Ratio Chart

Installed Building Products 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 0.00 10.90 18.33 14.15 17.55

Installed Building Products 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 13.13 13.19 17.27 17.55 17.05

FRA:2IL vs TMHC, MTH, SKY: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, Installed Building Products'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.


Installed Building Products Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Installed Building Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:2IL
91GF Score
Installed Building Products Inc FRA:2IL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Installed Building Products 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.

Installed Building Products's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=196.00/13.49
=14.53

* 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.

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

For example, Installed Building Products'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)
=21.434/330.2130*330.2130
=21.434

Current CPI (Mar. 2026) = 330.2130.

Installed Building Products Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.692 241.018 5.058
201609 4.033 241.428 5.516
201612 4.636 241.432 6.341
201703 5.052 243.801 6.843
201706 5.171 244.955 6.971
201709 5.197 246.819 6.953
201712 5.583 246.524 7.478
201803 5.110 249.554 6.762
201806 5.825 251.989 7.633
201809 5.883 252.439 7.695
201812 5.362 251.233 7.048
201903 5.628 254.202 7.311
201906 6.074 256.143 7.830
201909 6.882 256.759 8.851
201912 7.497 256.974 9.634
202003 7.499 258.115 9.594
202006 8.127 257.797 10.410
202009 8.666 260.280 10.994
202012 8.857 260.474 11.228
202103 9.635 264.877 12.012
202106 10.131 271.696 12.313
202109 11.237 274.310 13.527
202112 12.418 278.802 14.708
202203 12.103 287.504 13.901
202206 13.183 296.311 14.691
202209 16.155 296.808 17.973
202212 16.458 296.797 18.311
202303 16.630 301.836 18.193
202306 18.215 305.109 19.714
202309 20.718 307.789 22.227
202312 21.668 306.746 23.326
202403 21.974 312.332 23.232
202406 22.549 314.175 23.700
202409 22.936 315.301 24.021
202412 24.266 315.605 25.389
202503 22.142 319.799 22.863
202506 21.082 322.561 21.582
202509 21.315 324.800 21.670
202512 22.475 324.054 22.902
202603 21.434 330.213 21.434

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 14.53 mean?
Installed Building Products (FRA:2IL) has a Cyclically Adjusted PB Ratio of 14.53 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 Installed Building Products and its competitors. This is near median its historical median of 15.16. Over the past decade, Installed Building Products' Cyclically Adjusted PB Ratio has ranged from 10.54 to 25.95. According to the industry distribution chart, Installed Building Products ranks #73 out of 74 companies in the Homebuilding & Construction industry, placing it in the top 98.6%.
Is Installed Building Products' Cyclically Adjusted PB Ratio too high?
Installed Building Products' current Cyclically Adjusted PB Ratio of 14.53 is near median its 10-year median of 15.16. Over the past 10 years, this metric has ranged from a low of 10.54 to a high of 25.95. The Homebuilding & Construction industry median Cyclically Adjusted PB Ratio is 1.08. Installed Building Products' value of 14.53 is 1245.4% above this industry median. Based on the distribution chart, Installed Building Products ranks #73 out of 74 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Installed Building Products has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Installed Building Products' Cyclically Adjusted PB Ratio compare to TMHC and MTH?
According to the Homebuilding & Construction industry distribution chart, Installed Building Products ranks #73 out of 74 companies for Cyclically Adjusted PB Ratio. This places Installed Building Products in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. Installed Building Products' value of 14.53 is 1245.4% above this benchmark. Historically, Installed Building Products' own Cyclically Adjusted PB Ratio has ranged from 10.54 to 25.95 over the past decade. While the company's 10-year median is 15.16 vs. the industry median of 1.08, Installed Building Products 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 Homebuilding & Construction company?
The median Cyclically Adjusted PB Ratio among Homebuilding & Construction companies is 1.08, based on 74 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. Installed Building Products's current Cyclically Adjusted PB Ratio of 14.53 is 1245.4% 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 Installed Building Products and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Installed Building Products's current Cyclically Adjusted PB Ratio is 14.53, which is near median its own 10-year median of 15.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Installed Building Products stock overvalued right now?
Installed Building Products (FRA:2IL) has a current Cyclically Adjusted PB Ratio of 14.53. The stock's GF Value™ is €197.10, compared to a current price of €196.00 — trading 0.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 14.53, which is near median its 10-year median of 15.16 and 1245.4% above the Homebuilding & Construction industry median of 1.08. Installed Building Products' overall GF Score™ is 91/100 with 3 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 Installed Building Products (FRA:2IL), the current Cyclically Adjusted PB Ratio is 14.53 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 Installed Building Products (FRA:2IL) Overvalued in 2026?

Based on GuruFocus' analysis, Installed Building Products stock appears to be undervalued. The current stock price of €196.00 is trading 0.6% below its estimated GF Value™ of €197.10.

Key valuation signals for FRA:2IL:

  • Cyclically Adjusted PB Ratio: 14.53 (near median its 10-year median of 15.16)
  • GF Value™: €197.10 vs. price of €196.00 (0.6% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 1245.4% above the Homebuilding & Construction median (#73 of 74)

No single metric tells the full story. See the FRA:2IL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Installed Building Products Business Description

Other Exchanges IBP:USA
Address 495 South High Street, Suite 50, Columbus, OH, USA, 43215
Installed Building Products Inc is an insulation installer serving the residential new construction market and are also a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving, mirrors and other products throughout the United States. The company installs fiberglass insulation, spray foam insulation, and cellulose insulation. The company has three operating segments consisting of Installation, Manufacturing and Distribution operations. Majority of revenue is derived from Installation segment.
91GF Score

Get the complete analysis for FRA:2IL

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

€196.00
Price
€197.10
GF Value