CRH (FRA:CRG) Cyclically Adjusted PB Ratio: 3.16 (As of Sep. 02, 2026) — 11% Below Median

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FRA:CRG CRH PLC FRA:CRG
85 GF Score
Price €78.96
GF Value €92.38
Valuation Modestly Undervalued
! 4 Warning Signs
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What is CRH Cyclically Adjusted PB Ratio?

CRH FRA:CRG -3.05% 85 Cyclically Adjusted PB Ratio is 3.16 as of Sep. 02, 2026, which is 11% below its 10-year median of 3.57. GuruFocus rates FRA:CRG with a GF Score™ of 85/100 and a GF Value™ of €92.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 287 Building Materials companies, CRH ranks worse than 85.37% on this metric.

As of today (2026-09-02), CRH's current share price is €78.96. CRH's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €25.01. CRH's Cyclically Adjusted PB Ratio for today is 3.16.

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

FRA:CRG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.19   Med: 3.57   Max: 4.77
Current: 3.2

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.

FRA:CRG's Cyclically Adjusted PB Ratio is ranked worse than
85.37% of 287 companies
in the Building Materials industry
Industry Median: 0.99 vs FRA:CRG: 3.20

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 €31.330. 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 €25.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRH  (FRA:CRG) 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

FRA:CRG vs MLM, VMC, 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.


FRA:CRG
85GF Score
CRH PLC FRA:CRG
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
=78.96/25.01
=3.16

* 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)
=31.33/128.6700*128.6700
=31.330

Current CPI (Jun. 2026) = 128.6700.

CRH Quarterly Data

Book Value per Share CPI Adj_Book
201006 14.594 95.490 19.665
201012 14.451 96.187 19.331
201106 13.716 98.081 17.994
201112 14.608 98.480 19.086
201206 14.556 99.676 18.790
201212 14.638 99.676 18.896
201306 13.730 100.374 17.601
201312 13.174 99.875 16.972
201406 12.599 100.773 16.087
201412 13.548 99.576 17.506
201506 15.222 100.573 19.475
201512 15.868 99.676 20.484
201606 15.005 101.072 19.102
201612 16.642 99.676 21.483
201706 16.323 100.673 20.862
201712 17.509 100.075 22.512
201806 18.308 101.072 23.307
201812 19.770 100.773 25.243
201906 19.643 102.168 24.738
201912 21.687 102.068 27.339
202006 20.684 101.769 26.151
202012 20.580 101.072 26.200
202106 20.552 103.364 25.584
202112 23.234 106.653 28.030
202206 25.898 112.779 29.547
202212 28.084 115.436 31.304
202303 0.000 117.609 0.000
202306 26.225 119.662 28.199
202309 0.000 120.749 0.000
202312 27.629 120.749 29.442
202403 26.779 120.990 28.479
202406 28.166 122.318 29.629
202409 28.990 121.594 30.677
202412 30.465 122.439 32.015
202503 28.869 123.405 30.101
202506 28.776 124.492 29.742
202509 29.619 124.810 30.535
202512 30.658 125.770 31.365
202603 29.863 127.830 30.059
202606 31.330 128.670 31.330

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 3.16 mean?
CRH (FRA:CRG) has a Cyclically Adjusted PB Ratio of 3.16 as of Sep. 02, 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 11% below 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 #245 out of 287 companies in the Building Materials industry, placing it in the top 85.4%.
Is CRH's Cyclically Adjusted PB Ratio too high?
CRH's current Cyclically Adjusted PB Ratio of 3.16 is 11% below 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 0.99. CRH's value of 3.16 is 219.2% above this industry median. Based on the distribution chart, CRH ranks #245 out of 287 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, CRH has a GF Score™ of 85/100 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 MLM and VMC?
According to the Building Materials industry distribution chart, CRH ranks #245 out of 287 companies for Cyclically Adjusted PB Ratio. This places CRH in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. CRH's value of 3.16 is 219.2% 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 0.99, 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 0.99, based on 287 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 3.16 is 219.2% 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 0.99 — 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 3.16, which is 11% below 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 (FRA:CRG) is currently considered Modestly Undervalued. The stock's GF Value™ is €92.38, compared to a current price of €78.96 — trading 14.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.16, which is 11% below median its 10-year median of 3.57 and 219.2% above the Building Materials industry median of 0.99. CRH's overall GF Score™ is 85/100 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 (FRA:CRG), the current Cyclically Adjusted PB Ratio is 3.16 as of Sep. 02, 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 (FRA:CRG) Overvalued in 2026?

Based on GuruFocus' analysis, CRH stock appears to be undervalued. The current stock price of €78.96 is trading 14.5% below its estimated GF Value™ of €92.38. GuruFocus considers CRH to be Modestly Undervalued.

Key valuation signals for FRA:CRG:

  • Cyclically Adjusted PB Ratio: 3.16 (11% below median its 10-year median of 3.57)
  • GF Value™: €92.38 vs. price of €78.96 (14.5% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 219.2% above the Building Materials median (#245 of 287)

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


CRH Business Description

Other Exchanges CRH:USAC1RH34:Brazil
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.
85GF Score

Get the complete analysis for FRA:CRG

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

€78.96
Price
€92.38
GF Value