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FIX (Comfort Systems USA) Cyclically Adjusted PB Ratio : 22.67 (As of Jun. 29, 2025)


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What is Comfort Systems USA Cyclically Adjusted PB Ratio?

As of today (2025-06-29), Comfort Systems USA's current share price is $535.00. Comfort Systems USA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $23.60. Comfort Systems USA's Cyclically Adjusted PB Ratio for today is 22.67.

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

FIX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 5.33   Max: 24.37
Current: 22.67

During the past years, Comfort Systems USA's highest Cyclically Adjusted PB Ratio was 24.37. The lowest was 2.93. And the median was 5.33.

FIX's Cyclically Adjusted PB Ratio is ranked worse than
99.24% of 1314 companies
in the Construction industry
Industry Median: 1.13 vs FIX: 22.67

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.

Comfort Systems USA's adjusted book value per share data for the three months ended in Mar. 2025 was $50.329. 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 $23.60 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comfort Systems USA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Comfort Systems 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.

Comfort Systems USA Cyclically Adjusted PB Ratio Chart

Comfort Systems USA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 7.51 7.31 11.10 18.99

Comfort Systems 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 16.23 14.86 18.25 18.99 13.66

Competitive Comparison of Comfort Systems USA's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Comfort Systems 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.


Comfort Systems USA's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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


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Comfort Systems 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.

Comfort Systems USA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=535.00/23.60
=22.67

* 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.

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

For example, Comfort Systems 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)
=50.329/134.9266*134.9266
=50.329

Current CPI (Mar. 2025) = 134.9266.

Comfort Systems USA Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.637 100.684 11.574
201509 9.006 100.392 12.104
201512 9.264 99.792 12.526
201603 9.041 100.470 12.142
201606 9.419 101.688 12.498
201609 9.803 101.861 12.985
201612 10.122 101.863 13.408
201703 10.260 102.862 13.458
201706 10.644 103.349 13.896
201709 11.093 104.136 14.373
201712 11.239 104.011 14.580
201803 11.571 105.290 14.828
201806 12.376 106.317 15.706
201809 13.239 106.507 16.772
201812 13.499 105.998 17.183
201903 13.965 107.251 17.569
201906 14.438 108.070 18.026
201909 15.204 108.329 18.937
201912 15.967 108.420 19.871
202003 16.270 108.902 20.158
202006 17.216 108.767 21.357
202009 18.355 109.815 22.552
202012 19.245 109.897 23.628
202103 19.945 111.754 24.081
202106 20.689 114.631 24.352
202109 21.414 115.734 24.965
202112 22.323 117.630 25.606
202203 24.432 121.301 27.176
202206 25.065 125.017 27.052
202209 26.597 125.227 28.657
202212 27.961 125.222 30.128
202303 29.467 127.348 31.221
202306 31.073 128.729 32.569
202309 33.757 129.860 35.074
202312 35.809 129.419 37.333
202403 38.452 131.776 39.371
202406 41.531 132.554 42.274
202409 44.608 133.029 45.244
202412 47.937 133.157 48.574
202503 50.329 134.927 50.329

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.


Comfort Systems USA  (NYSE:FIX) 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.


Comfort Systems USA Cyclically Adjusted PB Ratio Related Terms

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


Comfort Systems USA Business Description

Traded in Other Exchanges
Address
675 Bering Drive, Suite 400, Houston, TX, USA, 77057
Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, & air conditioning, or HVAC; plumbing; piping & controls; construction; and other electrical components. Projects are mainly for commercial, industrial, & institutional buildings, & tend to be geared toward HVAC. Revenue is roughly split between installation services for newly constructed facilities & maintenance services for existing buildings. The company installs & repairs products and systems throughout the United States. It operates in two segments, Mechanical services & Electrical services, the majority is from the Mechanical services segment.
Executives
William Iii George officer: Chief Financial Officer 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Skidmore Constance Ellen director 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Brian E. Lane officer: President / CEO COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Darcy Anderson director C/O PEROT SYSTEMS CORP, 2300 WEST PLANO PKWY, PLANO TX 75075
Pablo G. Mercado, director 920 MEMORIAL CITY WAY, SUITE 800, HOUSTON TX 77024
Vance W Tang director C/O KONE INC., 4225 NAPERVILLE ROAD, SUITE 400, LISLE IL 60532
T Mckenna Trent officer: VP, General Counsel & Secy C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Julie Shaeff officer: Chief Accounting Officer COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006
Rhoman J Hardy director 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
William J Sandbrook director C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
Laura Finley Howell officer: VP, General Counsel, Secretary 675 BERING DRIVE SUITE 400, HOUSTON TX 77057
Cindy L. Wallis-lage director C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071