TopBuild (MEX:BLD) Cyclically Adjusted PB Ratio: 5.46 (As of Jul. 20, 2026) — 31% Below Median

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MEX:BLD TopBuild Corp MEX:BLD
93 GF Score
Price MXN7,547.00
GF Value MXN9,690.00
! 2 Warning Signs
View Full Analysis

What is TopBuild Cyclically Adjusted PB Ratio?

TopBuild MEX:BLD 93 Cyclically Adjusted PB Ratio is 5.46 as of Jul. 20, 2026, which is 31% below its 10-year median of 7.87. GuruFocus rates MEX:BLD with a GF Score™ of 93/100 and a GF Value™ of MXN9,690.00. The stock has 2 warning signs investors should review. Among 1,361 Construction companies, TopBuild ranks worse than 91.26% on this metric.

As of today (2026-07-20), TopBuild's current share price is MXN7547.00. TopBuild's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN1,382.31. TopBuild's Cyclically Adjusted PB Ratio for today is 5.46.

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

MEX:BLD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.11   Med: 7.87   Max: 10.05
Current: 6.21

During the past years, TopBuild's highest Cyclically Adjusted PB Ratio was 10.05. The lowest was 5.11. And the median was 7.87.

MEX:BLD's Cyclically Adjusted PB Ratio is ranked worse than
91.26% of 1361 companies
in the Construction industry
Industry Median: 1.18 vs MEX:BLD: 6.21

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.

TopBuild's adjusted book value per share data for the three months ended in Mar. 2026 was MXN1,540.820. 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 MXN1,382.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TopBuild  (MEX:BLD) 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.


TopBuild Cyclically Adjusted PB Ratio Related Terms


TopBuild Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TopBuild'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.

TopBuild Cyclically Adjusted PB Ratio Chart

TopBuild 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 0.00 8.52 6.39 7.61

TopBuild 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 6.04 6.21 7.28 7.61 6.15

MEX:BLD vs AGX, IESC, DY: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, TopBuild'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.


TopBuild Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, TopBuild's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:BLD
93GF Score
TopBuild Corp MEX:BLD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TopBuild 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.

TopBuild's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7547.00/1382.31
=5.46

* 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.

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

For example, TopBuild'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)
=1540.82/330.2130*330.2130
=1,540.820

Current CPI (Mar. 2026) = 330.2130.

TopBuild Quarterly Data

Book Value per Share CPI Adj_Book
201606 453.055 241.018 620.720
201609 486.033 241.428 664.771
201612 530.239 241.432 725.222
201703 478.925 243.801 648.674
201706 467.423 244.955 630.112
201709 453.649 246.819 606.926
201712 549.952 246.524 736.648
201803 520.266 249.554 688.423
201806 579.312 251.989 759.146
201809 572.346 252.439 748.680
201812 608.858 251.233 800.264
201903 621.641 254.202 807.523
201906 639.464 256.143 824.381
201909 677.531 256.759 871.360
201912 649.253 256.974 834.294
202003 830.113 258.115 1,061.984
202006 849.072 257.797 1,087.579
202009 856.528 260.280 1,086.663
202012 812.569 260.474 1,030.125
202103 863.345 264.877 1,076.302
202106 890.031 271.696 1,081.723
202109 975.305 274.310 1,174.067
202112 1,019.522 278.802 1,207.522
202203 1,031.052 287.504 1,184.216
202206 1,082.766 296.311 1,206.649
202209 1,154.055 296.808 1,283.941
202212 1,188.937 296.797 1,322.798
202303 1,172.416 301.836 1,282.640
202306 1,208.163 305.109 1,307.569
202309 1,320.000 307.789 1,416.169
202312 1,369.465 306.746 1,474.233
202403 1,414.595 312.332 1,495.581
202406 1,412.053 314.175 1,484.135
202409 1,410.967 315.301 1,477.698
202412 1,569.215 315.605 1,641.847
202503 1,507.786 319.799 1,556.886
202506 1,428.765 322.561 1,462.659
202509 1,450.810 324.800 1,474.989
202512 1,485.770 324.054 1,514.009
202603 1,540.820 330.213 1,540.820

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 5.46 mean?
TopBuild (MEX:BLD) has a Cyclically Adjusted PB Ratio of 5.46 as of Jul. 20, 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 TopBuild and its competitors. This is 31% below median its historical median of 7.87. Over the past decade, TopBuild's Cyclically Adjusted PB Ratio has ranged from 5.11 to 10.05. According to the industry distribution chart, TopBuild ranks #1242 out of 1361 companies in the Construction industry, placing it in the top 91.3%.
Is TopBuild's Cyclically Adjusted PB Ratio too high?
TopBuild's current Cyclically Adjusted PB Ratio of 5.46 is 31% below median its 10-year median of 7.87. Over the past 10 years, this metric has ranged from a low of 5.11 to a high of 10.05. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. TopBuild's value of 5.46 is 362.7% above this industry median. Based on the distribution chart, TopBuild ranks #1242 out of 1361 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, TopBuild has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does TopBuild's Cyclically Adjusted PB Ratio compare to AGX and IESC?
According to the Construction industry distribution chart, TopBuild ranks #1242 out of 1361 companies for Cyclically Adjusted PB Ratio. This places TopBuild in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. TopBuild's value of 5.46 is 362.7% above this benchmark. Historically, TopBuild's own Cyclically Adjusted PB Ratio has ranged from 5.11 to 10.05 over the past decade. While the company's 10-year median is 7.87 vs. the industry median of 1.18, TopBuild 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.18, based on 1,361 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. TopBuild's current Cyclically Adjusted PB Ratio of 5.46 is 362.7% 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 TopBuild and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TopBuild's current Cyclically Adjusted PB Ratio is 5.46, which is 31% below median its own 10-year median of 7.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TopBuild stock overvalued right now?
TopBuild (MEX:BLD) has a current Cyclically Adjusted PB Ratio of 5.46. The stock's GF Value™ is MXN9,690.00, compared to a current price of MXN7,547.00 — trading 22.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.46, which is 31% below median its 10-year median of 7.87 and 362.7% above the Construction industry median of 1.18. TopBuild's overall GF Score™ is 93/100 with 2 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 TopBuild (MEX:BLD), the current Cyclically Adjusted PB Ratio is 5.46 as of Jul. 20, 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 TopBuild (MEX:BLD) Overvalued in 2026?

Based on GuruFocus' analysis, TopBuild stock appears to be undervalued. The current stock price of MXN7,547.00 is trading 22.1% below its estimated GF Value™ of MXN9,690.00.

Key valuation signals for MEX:BLD:

  • Cyclically Adjusted PB Ratio: 5.46 (31% below median its 10-year median of 7.87)
  • GF Value™: MXN9,690.00 vs. price of MXN7,547.00 (22.1% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 362.7% above the Construction median (#1242 of 1361)

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


TopBuild Business Description

Other Exchanges BLD:USA
Address 475 North Williamson Boulevard, Daytona Beach, FL, USA, 32114
TopBuild Corp is an installer and distributor of insulation products. Its operating segments are: Installation Services and Specialty Distribution. The Installation Services segment, which generates maximum revenue, installs insulation, commercial roofing, and other building products like glass and windows, rain gutters, doors, etc, mainly in the residential new construction market. The Specialty Distribution segment distributes building and mechanical insulation, insulation accessories, and other building product materials for the residential, commercial, and industrial markets. In addition to insulation and accessories, it distributes rain gutters, closet shelving, roofing materials, and other items. Geographically, the firm mainly operates in the U.S. and, to a lesser extent, in Canada.
93GF Score

Get the complete analysis for MEX:BLD

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

MXN7,547.00
Price
MXN9,690.00
GF Value