PulteGroup (STU:PU7) Cyclically Adjusted PB Ratio: 3.29 (As of Aug. 04, 2026) — Near Median

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STU:PU7 PulteGroup Inc STU:PU7
93 GF Score
Price €111.80
GF Value €102.87
Valuation Fairly Valued
! 3 Warning Signs
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What is PulteGroup Cyclically Adjusted PB Ratio?

PulteGroup STU:PU7 +1.78% 93 Cyclically Adjusted PB Ratio is 3.29 as of Aug. 04, 2026, which is 8% above its 10-year median of 3.05. GuruFocus rates STU:PU7 with a GF Score™ of 93/100 and a GF Value™ of €102.87 (Fairly Valued). The stock has 3 warning signs investors should review. Among 74 Homebuilding & Construction companies, PulteGroup ranks worse than 86.49% on this metric.

As of today (2026-08-04), PulteGroup's current share price is €111.80. PulteGroup's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €33.97. PulteGroup's Cyclically Adjusted PB Ratio for today is 3.29.

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

STU:PU7' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.49   Med: 3.05   Max: 5.2
Current: 3.34

During the past years, PulteGroup's highest Cyclically Adjusted PB Ratio was 5.20. The lowest was 1.49. And the median was 3.05.

STU:PU7's Cyclically Adjusted PB Ratio is ranked worse than
86.49% of 74 companies
in the Homebuilding & Construction industry
Industry Median: 1.105 vs STU:PU7: 3.34

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.

PulteGroup's adjusted book value per share data for the three months ended in Jun. 2026 was €59.301. 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 €33.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PulteGroup  (STU:PU7) 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.


PulteGroup Cyclically Adjusted PB Ratio Related Terms


PulteGroup Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PulteGroup'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.

PulteGroup Cyclically Adjusted PB Ratio Chart

PulteGroup 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 3.34 2.16 4.11 3.66 3.33

PulteGroup 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 3.23 3.88 3.33 3.17 3.54

STU:PU7 vs LEN, NVR, TOL: Cyclically Adjusted PB Ratio Comparison

For the Residential Construction subindustry, PulteGroup'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.


PulteGroup Cyclically Adjusted PB Ratio vs Homebuilding & Construction Industry

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

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


STU:PU7
93GF Score
PulteGroup Inc STU:PU7
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PulteGroup 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=111.80/33.97
=3.29

* 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.

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

For example, PulteGroup'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)
=59.301/333.9520*333.9520
=59.301

Current CPI (Jun. 2026) = 333.9520.

PulteGroup Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.527 241.428 17.328
201612 13.843 241.432 19.148
201703 13.787 243.801 18.885
201706 13.109 244.955 17.872
201709 12.402 246.819 16.780
201712 12.241 246.524 16.582
201803 12.127 249.554 16.228
201806 13.627 251.989 18.059
201809 14.368 252.439 19.007
201812 15.282 251.233 20.314
201903 15.748 254.202 20.689
201906 16.317 256.143 21.274
201909 17.363 256.759 22.583
201912 18.178 256.974 23.623
202003 18.665 258.115 24.149
202006 19.376 257.797 25.100
202009 19.755 260.280 25.347
202012 20.267 260.474 25.984
202103 21.301 264.877 26.856
202106 22.208 271.696 27.297
202109 23.809 274.310 28.986
202112 26.585 278.802 31.844
202203 28.091 287.504 32.629
202206 31.504 296.311 35.506
202209 36.128 296.808 40.649
202212 37.260 296.797 41.924
202303 38.709 301.836 42.828
202306 40.737 305.109 44.588
202309 43.407 307.789 47.097
202312 44.795 306.746 48.768
202403 47.000 312.332 50.253
202406 50.148 314.175 53.305
202409 50.733 315.301 53.734
202412 57.051 315.605 60.368
202503 56.732 319.799 59.243
202506 55.175 322.561 57.123
202509 55.991 324.800 57.569
202512 57.541 324.054 59.299
202603 58.737 330.213 59.402
202606 59.301 333.952 59.301

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 3.29 mean?
PulteGroup (STU:PU7) has a Cyclically Adjusted PB Ratio of 3.29 as of Aug. 04, 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 PulteGroup and its competitors. This is near median its historical median of 3.05. Over the past decade, PulteGroup's Cyclically Adjusted PB Ratio has ranged from 1.49 to 5.20. According to the industry distribution chart, PulteGroup ranks #64 out of 74 companies in the Homebuilding & Construction industry, placing it in the top 86.5%.
Is PulteGroup's Cyclically Adjusted PB Ratio too high?
PulteGroup's current Cyclically Adjusted PB Ratio of 3.29 is near median its 10-year median of 3.05. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 5.20. The Homebuilding & Construction industry median Cyclically Adjusted PB Ratio is 1.11. PulteGroup's value of 3.29 is 197.7% above this industry median. Based on the distribution chart, PulteGroup ranks #64 out of 74 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, PulteGroup has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PulteGroup's Cyclically Adjusted PB Ratio compare to LEN and NVR?
According to the Homebuilding & Construction industry distribution chart, PulteGroup ranks #64 out of 74 companies for Cyclically Adjusted PB Ratio. This places PulteGroup in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.11. PulteGroup's value of 3.29 is 197.7% above this benchmark. Historically, PulteGroup's own Cyclically Adjusted PB Ratio has ranged from 1.49 to 5.20 over the past decade. While the company's 10-year median is 3.05 vs. the industry median of 1.11, PulteGroup 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 1.11, 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. PulteGroup's current Cyclically Adjusted PB Ratio of 3.29 is 197.7% 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 PulteGroup 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. PulteGroup's current Cyclically Adjusted PB Ratio is 3.29, which is near median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PulteGroup stock overvalued right now?
Based on GuruFocus' analysis, PulteGroup (STU:PU7) is currently considered Fairly Valued. The stock's GF Value™ is €102.87, compared to a current price of €111.80 — trading 8.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.29, which is near median its 10-year median of 3.05 and 197.7% above the Homebuilding & Construction industry median of 1.11. PulteGroup's overall GF Score™ is 93/100 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 PulteGroup (STU:PU7), the current Cyclically Adjusted PB Ratio is 3.29 as of Aug. 04, 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 PulteGroup (STU:PU7) Overvalued in 2026?

Based on GuruFocus' analysis, PulteGroup stock appears to be overvalued. The current stock price of €111.80 is trading 8.7% above its estimated GF Value™ of €102.87. GuruFocus considers PulteGroup to be Fairly Valued.

Key valuation signals for STU:PU7:

  • Cyclically Adjusted PB Ratio: 3.29 (near median its 10-year median of 3.05)
  • GF Value™: €102.87 vs. price of €111.80 (8.7% above fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 197.7% above the Homebuilding & Construction median (#64 of 74)

No single metric tells the full story. See the STU:PU7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PulteGroup Business Description

Address 3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326
PulteGroup Inc is a homebuilder in the United States. The company mainly builds single-family detached homes and offers products to entry-level, move-up, and active-adult buyers. It also offers homebuyers mortgage financing, title, and insurance agency services through its financial services segment.
93GF Score

Get the complete analysis for STU:PU7

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

€111.80
Price
€102.87
GF Value