Taylor Morrison Home (FRA:THM) Cyclically Adjusted PB Ratio: 1.97 (As of Aug. 06, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

FRA:THM Taylor Morrison Home Corp FRA:THM
85 GF Score
Price €63.00
GF Value €48.55
! 6 Warning Signs
View Full Analysis

What is Taylor Morrison Home Cyclically Adjusted PB Ratio?

Taylor Morrison Home FRA:THM 85 Cyclically Adjusted PB Ratio is 1.97 as of Aug. 06, 2026, which is 1% above its 10-year median of 1.96. GuruFocus rates FRA:THM with a GF Score™ of 85/100 and a GF Value™ of €48.55. The stock has 6 warning signs investors should review. Among 74 Homebuilding & Construction companies, Taylor Morrison Home ranks worse than 68.92% on this metric.

As of today (2026-08-06), Taylor Morrison Home's current share price is €63.00. Taylor Morrison Home's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €32.00. Taylor Morrison Home's Cyclically Adjusted PB Ratio for today is 1.97.

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

FRA:THM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.96   Max: 2.67
Current: 1.93

During the past years, Taylor Morrison Home's highest Cyclically Adjusted PB Ratio was 2.67. The lowest was 1.27. And the median was 1.96.

FRA:THM's Cyclically Adjusted PB Ratio is ranked worse than
68.92% of 74 companies
in the Homebuilding & Construction industry
Industry Median: 1.14 vs FRA:THM: 1.93

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.

Taylor Morrison Home's adjusted book value per share data for the three months ended in Mar. 2026 was €57.122. 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 €32.00 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taylor Morrison Home  (FRA:THM) 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.


Taylor Morrison Home Cyclically Adjusted PB Ratio Related Terms


Taylor Morrison Home Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Taylor Morrison Home'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.

Taylor Morrison Home Cyclically Adjusted PB Ratio Chart

Taylor Morrison Home 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 2.29 1.62 2.29 2.11 1.66

Taylor Morrison Home 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 1.96 1.90 1.94 1.66 1.55

FRA:THM vs IBP, MTH, SKY: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, Taylor Morrison Home'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.


Taylor Morrison Home Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

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

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


FRA:THM
85GF Score
Taylor Morrison Home Corp FRA:THM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taylor Morrison Home 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.

Taylor Morrison Home's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.00/32.00
=1.97

* 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.

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

For example, Taylor Morrison Home'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)
=57.122/330.2130*330.2130
=57.122

Current CPI (Mar. 2026) = 330.2130.

Taylor Morrison Home Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.834 241.018 5.253
201609 3.934 241.428 5.381
201612 4.380 241.432 5.991
201703 7.450 243.801 10.091
201706 9.993 244.955 13.471
201709 9.642 246.819 12.900
201712 11.279 246.524 15.108
201803 15.725 249.554 20.808
201806 17.060 251.989 22.356
201809 17.812 252.439 23.300
201812 18.793 251.233 24.701
201903 19.399 254.202 25.200
201906 20.182 256.143 26.018
201909 21.280 256.759 27.368
201912 21.577 256.974 27.727
202003 22.967 258.115 29.382
202006 22.594 257.797 28.941
202009 22.354 260.280 28.360
202012 22.249 260.474 28.206
202103 23.304 264.877 29.052
202106 23.728 271.696 28.838
202109 25.499 274.310 30.696
202112 28.517 278.802 33.776
202203 30.553 287.504 35.092
202206 34.751 296.311 38.727
202209 40.454 296.808 45.007
202212 40.474 296.797 45.031
202303 41.373 301.836 45.263
202306 42.828 305.109 46.352
202309 44.987 307.789 48.265
202312 45.584 306.746 49.071
202403 46.912 312.332 49.598
202406 49.003 314.175 51.505
202409 49.678 315.301 52.027
202412 54.797 315.605 57.333
202503 54.710 319.799 56.492
202506 53.048 322.561 54.306
202509 53.923 324.800 54.822
202512 55.673 324.054 56.731
202603 57.122 330.213 57.122

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 1.97 mean?
Taylor Morrison Home (FRA:THM) has a Cyclically Adjusted PB Ratio of 1.97 as of Aug. 06, 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 Taylor Morrison Home and its competitors. This is near median its historical median of 1.96. Over the past decade, Taylor Morrison Home's Cyclically Adjusted PB Ratio has ranged from 1.27 to 2.67. According to the industry distribution chart, Taylor Morrison Home ranks #51 out of 74 companies in the Homebuilding & Construction industry, placing it in the top 68.9%.
Is Taylor Morrison Home's Cyclically Adjusted PB Ratio too high?
Taylor Morrison Home's current Cyclically Adjusted PB Ratio of 1.97 is near median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 2.67. The Homebuilding & Construction industry median Cyclically Adjusted PB Ratio is 1.14. Taylor Morrison Home's value of 1.97 is 72.8% above this industry median. Based on the distribution chart, Taylor Morrison Home ranks #51 out of 74 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, Taylor Morrison Home has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Taylor Morrison Home's Cyclically Adjusted PB Ratio compare to IBP and MTH?
According to the Homebuilding & Construction industry distribution chart, Taylor Morrison Home ranks #51 out of 74 companies for Cyclically Adjusted PB Ratio. This places Taylor Morrison Home in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Taylor Morrison Home's value of 1.97 is 72.8% above this benchmark. Historically, Taylor Morrison Home's own Cyclically Adjusted PB Ratio has ranged from 1.27 to 2.67 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.14, Taylor Morrison Home 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 1.14, 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. Taylor Morrison Home's current Cyclically Adjusted PB Ratio of 1.97 is 72.8% 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 Taylor Morrison Home and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taylor Morrison Home's current Cyclically Adjusted PB Ratio is 1.97, which is near median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taylor Morrison Home stock overvalued right now?
Taylor Morrison Home (FRA:THM) has a current Cyclically Adjusted PB Ratio of 1.97. The stock's GF Value™ is €48.55, compared to a current price of €63.00 — trading 29.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.97, which is near median its 10-year median of 1.96 and 72.8% above the Homebuilding & Construction industry median of 1.14. Taylor Morrison Home's overall GF Score™ is 85/100 with 6 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 Taylor Morrison Home (FRA:THM), the current Cyclically Adjusted PB Ratio is 1.97 as of Aug. 06, 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 Taylor Morrison Home (FRA:THM) Overvalued in 2026?

Based on GuruFocus' analysis, Taylor Morrison Home stock appears to be overvalued. The current stock price of €63.00 is trading 29.8% above its estimated GF Value™ of €48.55.

Key valuation signals for FRA:THM:

  • Cyclically Adjusted PB Ratio: 1.97 (near median its 10-year median of 1.96)
  • GF Value™: €48.55 vs. price of €63.00 (29.8% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 72.8% above the Homebuilding & Construction median (#51 of 74)

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


Taylor Morrison Home Business Description

Other Exchanges TMHC:USATHM:Germany
Address 4900 N. Scottsdale Road, Suite 2000, Scottsdale, AZ, USA, 85251
Taylor Morrison Home Corp is an American residential construction company engaged in residential homebuilding and the development of lifestyle communities. It designs, builds, and sells single and multi-family detached and attached homes in traditionally high growth markets for entry level, move-up, and resort lifestyle buyers. The company has four reportable segments: East, Central, West, and Financial Services. The majority of the company's revenue is derived from its West Segment.
85GF Score

Get the complete analysis for FRA:THM

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

€63.00
Price
€48.55
GF Value