PSMMF (Persimmon) Cyclically Adjusted PB Ratio: 0.97 (As of Jul. 06, 2026) — 60% Below Median


PSMMF Persimmon PLC PSMMF
75 GF Score
Price $15.26
GF Value $21.31
! 3 Warning Signs
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What is Persimmon Cyclically Adjusted PB Ratio?

Persimmon PSMMF 75 Cyclically Adjusted PB Ratio is 0.97 as of Jul. 06, 2026, which is 60% below its 10-year median of 2.45. GuruFocus rates PSMMF with a GF Score™ of 75/100 and a GF Value™ of $21.31. The stock has 3 warning signs investors should review. Among 74 Homebuilding & Construction companies, Persimmon ranks better than 63.51% on this metric.

As of today (2026-07-06), Persimmon's current share price is $15.2625. Persimmon's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $15.68. Persimmon's Cyclically Adjusted PB Ratio for today is 0.97.

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

PSMMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 2.45   Max: 3.91
Current: 0.85

During the past 13 years, Persimmon's highest Cyclically Adjusted PB Ratio was 3.91. The lowest was 0.82. And the median was 2.45.

PSMMF's Cyclically Adjusted PB Ratio is ranked better than
63.51% of 74 companies
in the Homebuilding & Construction industry
Industry Median: 1.11 vs PSMMF: 0.85

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.

Persimmon's adjusted book value per share data of for the fiscal year that ended in Dec25 was $15.095. 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 $15.68 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Persimmon  (OTCPK:PSMMF) 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.


Persimmon Cyclically Adjusted PB Ratio Related Terms


Persimmon Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Persimmon'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.

Persimmon Cyclically Adjusted PB Ratio Chart

Persimmon 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 2.90 1.11 1.19 0.98 1.08

Persimmon Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.19 0.00 0.98 0.00 1.08

PSMMF vs DHI, PHM, LEN: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, Persimmon'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.


Persimmon Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

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

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


PSMMF
75GF Score
Persimmon PLC PSMMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Persimmon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.2625/15.68
=0.97

* 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.

Persimmon's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Persimmon's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=15.095/139.9000*139.9000
=15.095

Current CPI (Dec25) = 139.9000.

Persimmon Annual Data

Book Value per Share CPI Adj_Book
201612 11.078 102.200 15.165
201712 13.895 105.000 18.513
201812 12.734 107.100 16.634
201912 13.391 108.500 17.266
202012 14.821 109.400 18.953
202112 15.102 114.700 18.420
202212 13.122 125.300 14.651
202312 13.555 130.500 14.531
202412 13.864 135.100 14.357
202512 15.095 139.900 15.095

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 0.97 mean?
Persimmon (PSMMF) has a Cyclically Adjusted PB Ratio of 0.97 as of Jul. 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 Persimmon and its competitors. This is 60% below median its historical median of 2.45. Over the past decade, Persimmon's Cyclically Adjusted PB Ratio has ranged from 0.82 to 3.91. According to the industry distribution chart, Persimmon ranks #27 out of 74 companies in the Homebuilding & Construction industry, placing it in the top 36.5%.
Is Persimmon's Cyclically Adjusted PB Ratio too high?
Persimmon's current Cyclically Adjusted PB Ratio of 0.97 is 60% below median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 3.91. The Homebuilding & Construction industry median Cyclically Adjusted PB Ratio is 1.11. Persimmon's value of 0.97 is 12.6% below this industry median. Based on the distribution chart, Persimmon ranks #27 out of 74 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, Persimmon has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Persimmon's Cyclically Adjusted PB Ratio compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Persimmon ranks #27 out of 74 companies for Cyclically Adjusted PB Ratio. This puts Persimmon in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.11. Persimmon's value of 0.97 is 12.6% below this benchmark. Historically, Persimmon's own Cyclically Adjusted PB Ratio has ranged from 0.82 to 3.91 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 1.11, Persimmon has consistently been below 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 1.11, 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. Persimmon's current Cyclically Adjusted PB Ratio of 0.97 is 12.6% below 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 Persimmon and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Persimmon's current Cyclically Adjusted PB Ratio is 0.97, which is 60% below median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persimmon stock overvalued right now?
Persimmon (PSMMF) has a current Cyclically Adjusted PB Ratio of 0.97. The stock's GF Value™ is $21.31, compared to a current price of $15.26 — trading 28.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is 60% below median its 10-year median of 2.45 and 12.6% below the Homebuilding & Construction industry median of 1.11. Persimmon's overall GF Score™ is 75/100 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 Persimmon (PSMMF), the current Cyclically Adjusted PB Ratio is 0.97 as of Jul. 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 Persimmon (PSMMF) Overvalued in 2026?

Based on GuruFocus' analysis, Persimmon stock appears to be undervalued. The current stock price of $15.26 is trading 28.4% below its estimated GF Value™ of $21.31.

Key valuation signals for PSMMF:

  • Cyclically Adjusted PB Ratio: 0.97 (60% below median its 10-year median of 2.45)
  • GF Value™: $21.31 vs. price of $15.26 (28.4% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 12.6% below the Homebuilding & Construction median (#27 of 74)

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


Persimmon Business Description

Address Persimmon House, Fulford, York, GBR, YO19 4FE
Persimmon is one of the UK's largest residential property developers by revenue and dwelling completions, marketing homes under its three brands: Persimmon Homes, Charles Church, and Westbury Partnerships. Persimmon distinguishes itself from peers by operating in the lower-priced segment of the new-build market; Persimmon Homes' average selling price in 2024 was 20% below the UK new-build national average. Like peers, Persimmon has traditionally operated in the land development, construction, and sales and marketing segments of the residential property development value chain. However, unlike peers, in recent years, Persimmon has begun manufacturing its own bricks, tiles, and timber frames, aiming to secure the supply and quality of key materials and manage build cost inflation.
75GF Score

Get the complete analysis for PSMMF

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

$15.26
Price
$21.31
GF Value