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BLDR (Builders FirstSource) Cyclically Adjusted Book per Share : $18.56 (As of Mar. 2025)


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What is Builders FirstSource Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Builders FirstSource's adjusted book value per share for the three months ended in Mar. 2025 was $38.462. 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 $18.56 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Builders FirstSource's average Cyclically Adjusted Book Growth Rate was 28.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 45.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 54.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 22.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Builders FirstSource was 66.20% per year. The lowest was -15.30% per year. And the median was 31.70% per year.

As of today (2025-06-14), Builders FirstSource's current stock price is $111.29. Builders FirstSource's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $18.56. Builders FirstSource's Cyclically Adjusted PB Ratio of today is 6.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Builders FirstSource was 16.77. The lowest was 2.51. And the median was 9.45.


Builders FirstSource Cyclically Adjusted Book per Share Historical Data

The historical data trend for Builders FirstSource's Cyclically Adjusted Book per Share 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.

* Premium members only.

Builders FirstSource Cyclically Adjusted Book per Share Chart

Builders FirstSource Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 5.62 9.21 13.17 17.38

Builders FirstSource Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 14.42 15.42 16.43 17.38 18.56

Competitive Comparison of Builders FirstSource's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Builders FirstSource'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.


Builders FirstSource's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Builders FirstSource Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Builders FirstSource's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=38.462/134.9266*134.9266
=38.462

Current CPI (Mar. 2025) = 134.9266.

Builders FirstSource Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.485 100.684 0.650
201509 1.423 100.392 1.913
201512 1.360 99.792 1.839
201603 1.216 100.470 1.633
201606 1.526 101.688 2.025
201609 2.692 101.861 3.566
201612 2.775 101.863 3.676
201703 2.888 102.862 3.788
201706 3.261 103.349 4.257
201709 3.648 104.136 4.727
201712 3.313 104.011 4.298
201803 3.498 105.290 4.483
201806 4.024 106.317 5.107
201809 4.692 106.507 5.944
201812 5.182 105.998 6.596
201903 5.471 107.251 6.883
201906 6.076 108.070 7.586
201909 6.729 108.329 8.381
201912 7.108 108.420 8.846
202003 7.152 108.902 8.861
202006 7.849 108.767 9.737
202009 8.629 109.815 10.602
202012 9.867 109.897 12.114
202103 24.094 111.754 29.090
202106 26.460 114.631 31.145
202109 28.139 115.734 32.805
202112 26.707 117.630 30.634
202203 29.036 121.301 32.298
202206 32.057 125.017 34.598
202209 35.066 125.227 37.782
202212 35.737 125.222 38.507
202303 35.344 127.348 37.447
202306 34.728 128.729 36.400
202309 37.121 129.860 38.569
202312 38.835 129.419 40.488
202403 40.612 131.776 41.583
202406 36.965 132.554 37.627
202409 38.480 133.029 39.029
202412 37.828 133.157 38.331
202503 38.462 134.927 38.462

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Builders FirstSource  (NYSE:BLDR) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Builders FirstSource's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=111.29/18.56
=6.00

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Builders FirstSource was 16.77. The lowest was 2.51. And the median was 9.45.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Builders FirstSource Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Builders FirstSource's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Builders FirstSource Business Description

Industry
Traded in Other Exchanges
Address
6031 Connection Drive, Suite 400, Irving, TX, USA, 75039
Builders FirstSource Inc is a manufacturer and supplier of building materials. The company offers structural and related building products such as factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The products can be designed for each home individually and are installed by Builders FirstSource. The company's construction-related services include professional installation, turn-key framing, and shell construction. Builders FirstSource's customers range from large production builders to small custom homebuilders.
Executives
Dirkson R Charles director 50 MAIN STREET, 4TH FLOOR, WHITE PLAINS NY 10606
Paul S Levy director, 10 percent owner JOSEPH LITTLEJOHN & LEVY, 450 LEXINGTON AVE STE 3350, NEW YORK NY 10036
David E Rush officer: SVP - COO - East 2001 BRYAN ST., SUITE 1600, DALLAS TX 75201
Cleveland A Christophe director C/O TSG CAPITAL GROUP, 177 BROAD STREET 12 TH FLOOR, STAMFORD CT 06091
Craig Arthur Steinke director 19 NORFIELD ROAD, WESTON CT 06883
Michael Hiller officer: President - Central Division 2001 BRYAN ST STE 1600, DALLAS TX 75201
Paul M Mccrobie officer: President - East Division 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Boydston Cory Jacobs director C/O BMC STOCK HOLDINGS, INC., 4800 FALLS OF NEUSE RD, SUITE 400, RALEIGH NC 27617
Michael Alan Farmer officer: President - Commercial Ops C/O BMC STOCK HOLDINGS, INC., 4800 FALLS OF NEUSE RD, SUITE 400, RALEIGH NC 27609
Timothy D Johnson officer: EVP & General Counsel 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Jami Lynn Coulter officer: Principal Accounting Officer 2001 BRYAN ST., SUITE 1600, DALLAS TX 75201
Floyd F Sherman director, officer: President & CEO BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Amy B Messersmith officer: Chief People Officer 2001 BRYAN ST STE 1600, DALLAS TX 75201
James Oleary director
David W Bullock director C/O GRAHAM PACKAGING HOLDINGS COMPANY, 2401 PLEASANT VALLEY ROAD, YORK PA 17402