Fortune Brands Innovations (MEX:FBIN) Cyclically Adjusted PB Ratio: 2.53 (As of Aug. 17, 2026) — 24% Below 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.

MEX:FBIN Fortune Brands Innovations Inc MEX:FBIN
76 GF Score
Price MXN1,575.00
GF Value MXN2,048.75
! 3 Warning Signs
View Full Analysis

What is Fortune Brands Innovations Cyclically Adjusted PB Ratio?

Fortune Brands Innovations MEX:FBIN 76 Cyclically Adjusted PB Ratio is 2.53 as of Aug. 17, 2026, which is 24% below its 10-year median of 3.31. GuruFocus rates MEX:FBIN with a GF Score™ of 76/100 and a GF Value™ of MXN2,048.75. The stock has 3 warning signs investors should review. Among 1,317 Construction companies, Fortune Brands Innovations ranks worse than 71.45% on this metric.

As of today (2026-08-17), Fortune Brands Innovations's current share price is MXN1575.00. Fortune Brands Innovations's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN622.25. Fortune Brands Innovations's Cyclically Adjusted PB Ratio for today is 2.53.

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

MEX:FBIN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 3.31   Max: 5.56
Current: 2.21

During the past years, Fortune Brands Innovations's highest Cyclically Adjusted PB Ratio was 5.56. The lowest was 1.60. And the median was 3.31.

MEX:FBIN's Cyclically Adjusted PB Ratio is ranked worse than
71.45% of 1317 companies
in the Construction industry
Industry Median: 1.16 vs MEX:FBIN: 2.21

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.

Fortune Brands Innovations's adjusted book value per share data for the three months ended in Jun. 2026 was MXN336.899. 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 MXN622.25 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortune Brands Innovations  (MEX:FBIN) 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.


Fortune Brands Innovations Cyclically Adjusted PB Ratio Related Terms


Fortune Brands Innovations Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fortune Brands Innovations'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.

Fortune Brands Innovations Cyclically Adjusted PB Ratio Chart

Fortune Brands Innovations 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 4.98 2.89 3.78 3.32 2.37

Fortune Brands Innovations Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 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 2.45 2.52 2.37 1.81 2.53

MEX:FBIN vs AWI, LPX, TREX: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Fortune Brands Innovations'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.


Fortune Brands Innovations Cyclically Adjusted PB Ratio vs Construction Industry

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

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


MEX:FBIN
76GF Score
Fortune Brands Innovations Inc MEX:FBIN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortune Brands Innovations 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.

Fortune Brands Innovations's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1575.00/622.25
=2.53

* 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.

Fortune Brands Innovations's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Fortune Brands Innovations'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)
=336.899/333.9520*333.9520
=336.899

Current CPI (Jun. 2026) = 333.9520.

Fortune Brands Innovations Quarterly Data

Book Value per Share CPI Adj_Book
201609 297.330 241.428 411.278
201612 317.361 241.432 438.978
201703 296.251 243.801 405.797
201706 299.011 244.955 407.648
201709 297.333 246.819 402.299
201712 336.080 246.524 455.268
201803 280.733 249.554 375.676
201806 279.782 251.989 370.785
201809 273.361 252.439 361.630
201812 304.408 251.233 404.635
201903 308.729 254.202 405.586
201906 318.610 256.143 415.395
201909 326.320 256.759 424.426
201912 327.940 256.974 426.176
202003 393.177 258.115 508.697
202006 403.963 257.797 523.296
202009 410.479 260.280 526.665
202012 398.170 260.474 510.491
202103 429.147 264.877 541.061
202106 434.001 271.696 533.447
202109 449.616 274.310 547.374
202112 465.493 278.802 557.572
202203 427.535 287.504 496.606
202206 437.552 296.311 493.135
202209 448.670 296.808 504.819
202212 317.759 296.797 357.538
202303 291.963 301.836 323.028
202306 290.080 305.109 317.502
202309 300.172 307.789 325.688
202312 308.256 306.746 335.596
202403 301.406 312.332 322.270
202406 342.084 314.175 363.618
202409 379.341 315.301 401.780
202412 408.552 315.605 432.302
202503 388.590 319.799 405.787
202506 366.880 322.561 379.836
202509 363.054 324.800 373.284
202512 358.535 324.054 369.486
202603 356.079 330.213 360.111
202606 336.899 333.952 336.899

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 2.53 mean?
Fortune Brands Innovations (MEX:FBIN) has a Cyclically Adjusted PB Ratio of 2.53 as of Aug. 17, 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 Fortune Brands Innovations and its competitors. This is 24% below median its historical median of 3.31. Over the past decade, Fortune Brands Innovations' Cyclically Adjusted PB Ratio has ranged from 1.60 to 5.56. According to the industry distribution chart, Fortune Brands Innovations ranks #941 out of 1317 companies in the Construction industry, placing it in the top 71.5%.
Is Fortune Brands Innovations' Cyclically Adjusted PB Ratio too high?
Fortune Brands Innovations' current Cyclically Adjusted PB Ratio of 2.53 is 24% below median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 5.56. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Fortune Brands Innovations' value of 2.53 is 118.1% above this industry median. Based on the distribution chart, Fortune Brands Innovations ranks #941 out of 1317 companies in the Construction industry, which is below the industry midpoint. Overall, Fortune Brands Innovations has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Brands Innovations' Cyclically Adjusted PB Ratio compare to AWI and LPX?
According to the Construction industry distribution chart, Fortune Brands Innovations ranks #941 out of 1317 companies for Cyclically Adjusted PB Ratio. This places Fortune Brands Innovations in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Fortune Brands Innovations' value of 2.53 is 118.1% above this benchmark. Historically, Fortune Brands Innovations' own Cyclically Adjusted PB Ratio has ranged from 1.60 to 5.56 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 1.16, Fortune Brands Innovations 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 1.16, based on 1,317 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. Fortune Brands Innovations's current Cyclically Adjusted PB Ratio of 2.53 is 118.1% 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 Fortune Brands Innovations and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Brands Innovations's current Cyclically Adjusted PB Ratio is 2.53, which is 24% below median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Brands Innovations stock overvalued right now?
Fortune Brands Innovations (MEX:FBIN) has a current Cyclically Adjusted PB Ratio of 2.53. The stock's GF Value™ is MXN2,048.75, compared to a current price of MXN1,575.00 — trading 23.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.53, which is 24% below median its 10-year median of 3.31 and 118.1% above the Construction industry median of 1.16. Fortune Brands Innovations' overall GF Score™ is 76/100 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 Fortune Brands Innovations (MEX:FBIN), the current Cyclically Adjusted PB Ratio is 2.53 as of Aug. 17, 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 Fortune Brands Innovations (MEX:FBIN) Overvalued in 2026?

Based on GuruFocus' analysis, Fortune Brands Innovations stock appears to be undervalued. The current stock price of MXN1,575.00 is trading 23.1% below its estimated GF Value™ of MXN2,048.75.

Key valuation signals for MEX:FBIN:

  • Cyclically Adjusted PB Ratio: 2.53 (24% below median its 10-year median of 3.31)
  • GF Value™: MXN2,048.75 vs. price of MXN1,575.00 (23.1% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 118.1% above the Construction median (#941 of 1317)

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


Fortune Brands Innovations Business Description

Address 1 Horizon Way, Building N, Deerfield, IL, USA, 60015-3888
Fortune Brands is a US-based homebuilding products company that sells building-related products serving R&R and new construction markets. The company operates in three segments: water, outdoors, and security. Water innovation, including plumbing fixtures and faucets, accounts for around 55% of total sales and features brands such as Moen, House of Rohl, and Aqualisa. The outdoors segment includes decking, railing, and doors and makes up 30% of total sales, featuring brands such as Larson, Fiberon, and Therma-Tru. The security segment, which includes smart residential padlocks, accounts for the remaining 15% of sales and features brands such as MasterLock, SentrySafe, Yale, and AmericanLock.
76GF Score

Get the complete analysis for MEX:FBIN

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

MXN1,575.00
Price
MXN2,048.75
GF Value