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BZH (Beazer Homes USA) Cyclically Adjusted PB Ratio : 0.84 (As of Jul. 22, 2025)


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What is Beazer Homes USA Cyclically Adjusted PB Ratio?

As of today (2025-07-22), Beazer Homes USA's current share price is $23.29. Beazer Homes USA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $27.57. Beazer Homes USA's Cyclically Adjusted PB Ratio for today is 0.84.

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

BZH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.73   Max: 1.61
Current: 0.84

During the past years, Beazer Homes USA's highest Cyclically Adjusted PB Ratio was 1.61. The lowest was 0.10. And the median was 0.73.

BZH's Cyclically Adjusted PB Ratio is ranked better than
71.43% of 70 companies
in the Homebuilding & Construction industry
Industry Median: 1.225 vs BZH: 0.84

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.

Beazer Homes USA's adjusted book value per share data for the three months ended in Mar. 2025 was $40.526. 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 $27.57 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beazer Homes USA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beazer Homes USA'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.

* Premium members only.

Beazer Homes USA Cyclically Adjusted PB Ratio Chart

Beazer Homes USA Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 1.01 0.49 1.10 1.32

Beazer Homes USA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.35 1.10 1.32 1.04 0.74

Competitive Comparison of Beazer Homes USA's Cyclically Adjusted PB Ratio

For the Residential Construction subindustry, Beazer Homes USA'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.


Beazer Homes USA's Cyclically Adjusted PB Ratio Distribution in the Homebuilding & Construction Industry

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

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


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Beazer Homes USA 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.

Beazer Homes USA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.29/27.57
=0.84

* 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.

Beazer Homes USA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Beazer Homes USA'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)
=40.526/134.9266*134.9266
=40.526

Current CPI (Mar. 2025) = 134.9266.

Beazer Homes USA Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.931 100.684 13.309
201509 19.302 100.392 25.942
201512 19.128 99.792 25.862
201603 19.145 100.470 25.711
201606 19.387 101.688 25.724
201609 19.439 101.861 25.749
201612 19.174 101.863 25.398
201703 19.020 102.862 24.949
201706 19.315 103.349 25.217
201709 20.362 104.136 26.383
201712 16.454 104.011 21.345
201803 16.860 105.290 21.606
201806 17.301 106.317 21.957
201809 19.212 106.507 24.338
201812 19.437 105.998 24.742
201903 16.513 107.251 20.774
201906 17.194 108.070 21.467
201909 17.417 108.329 21.693
201912 17.184 108.420 21.385
202003 17.649 108.902 21.867
202006 18.192 108.767 22.567
202009 19.127 109.815 23.501
202012 19.392 109.897 23.809
202103 20.255 111.754 24.455
202106 21.525 114.631 25.336
202109 23.164 115.734 27.005
202112 24.007 117.630 27.537
202203 25.506 121.301 28.371
202206 27.374 125.017 29.544
202209 30.417 125.227 32.773
202212 30.708 125.222 33.088
202303 31.869 127.348 33.766
202306 33.338 128.729 34.943
202309 35.177 129.860 36.550
202312 35.550 129.419 37.063
202403 36.821 131.776 37.701
202406 37.910 132.554 38.589
202409 39.684 133.029 40.250
202412 39.550 133.157 40.076
202503 40.526 134.927 40.526

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.


Beazer Homes USA  (NYSE:BZH) 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.


Beazer Homes USA Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Beazer Homes USA's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Beazer Homes USA Business Description

Traded in Other Exchanges
Address
2002 Summit Boulevard NE, 15th Floor, Atlanta, GA, USA, 30319
Beazer Homes USA Inc is an construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in over 13 states and over 22 metro markets. Beazer Homes builds homes and communities that target first-time, move-up, and luxury homebuyers with an average selling price of roughly $300,000. From a geographic perspective, home sales in the western and eastern United States have been the leading sources of revenue for the company. Key metro areas include Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa. The company also focuses on land purchasing and development to support future construction efforts as well as mortgage services for its homebuyers.
Executives
Danny R Shepherd director VULCAN MATERIALS COMPANY, 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Norma Ann Provencio director 2150 ST. ELZEAR BLVD. WEST, LAVAL A8 H7L 4A8
Lloyd Emerson Johnson director 16737 NEW PROVIDENCE LANE, CHARLOTTE NC 28277
David I Goldberg officer: SVP, Chief Financial Officer 1000 ABERNATHY ROAD, NE, SUITE 260, ATLANTA GA 30328
Allan P Merrill director, officer: President and CEO BEAZER HOMES, 1000 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Belknap Keith L Jr officer: EVP, General Counsel 3585 ENGINEERING DRIVE, SUITE 100, NORCROSS GA 30092
Robert L. Salomon officer: EVP, Chief Financial Officer 5535 LEXINGTON WOODS LANE, ALPHARETTA GA 30005
Pei Sun officer: VP & Chief Accounting Officer 1000 ABERNATHY ROAD, SUITE 260, ATLANTA GA 30328
C Christian Winkle director ONE RAVINIA DRIVE, STE 1500, ATLANTA GA 30346
Zelnak Stephen P Jr director MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
David J Spitz director C/O CHANNELADVISOR CORPORATION, 2701 AERIAL CENTER PARKWAY, MORRISVILLE NC 27568
Larry T Solari director
Brian C Beazer director C/O NUMEREX, 1600 PARKWOOD CIRCLE #200, ATLANTA GA 30339-2119
Peter M Orser director 1000 ABERNATHY ROAD, SUITE 260, ATLANTA GA 30328
Peter G Leemputte director CHICAGO TITLE CORP, 171 N CLARK ST, CHICAGO IL 80601