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Cavco IndustriesCVCO +1.24%96 PB Ratio is 3.94 as of Jul. 14, 2026, which is 32% above its 10-year median of 2.99. GuruFocus rates CVCO with a GF Score™ of 96/100 and a GF Value™ of $535.99 (Fairly Valued). The stock has 1 warning sign investors should review. Among 94 Homebuilding & Construction companies, Cavco Industries ranks worse than 92.55% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-14), Cavco Industries's share price is $561.83. Cavco Industries's Book Value per Share for the quarter that ended in Mar. 2026 was $142.55. Hence, Cavco Industries's PB Ratio of today is 3.94.
The historical rank and industry rank for Cavco Industries's PB Ratio or its related term are showing as below:
CVCO'
s PB Ratio Range Over the Past 10 Years
Min: 1.63 Med: 2.99 Max: 4.99
Current: 3.94
During the past 13 years, Cavco Industries's highest PB Ratio was 4.99. The lowest was 1.63. And the median was 2.99.
CVCO's PB Ratio is ranked worse than 92.55% of 94
companies
in the Homebuilding & Construction industry
Industry Median: 0.99
vs CVCO: 3.94
During the past 12 months, Cavco Industries's average Book Value Per Share Growth Rate was 7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cavco Industries was 23.90% per year. The lowest was -0.90% per year. And the median was 13.20% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Cavco Industries PB Ratio Related Terms
Cavco Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Cavco Industries's 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.
For the Residential Construction subindustry, Cavco Industries's PB Ratio, along with its competitors' market caps and 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.
Cavco Industries PB Ratio vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Cavco Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cavco Industries's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Cavco Industries (CVCO) has a PB Ratio of 3.94 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cavco Industries and its competitors. This is 32% above median its historical median of 2.99. Over the past decade, Cavco Industries' PB Ratio has ranged from 1.63 to 4.99. According to the industry distribution chart, Cavco Industries ranks #87 out of 94 companies in the Homebuilding & Construction industry, placing it in the top 92.6%.
Is Cavco Industries' PB Ratio too high?
Cavco Industries' current PB Ratio of 3.94 is 32% above median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 4.99. The Homebuilding & Construction industry median PB Ratio is 0.99. Cavco Industries' value of 3.94 is 298% above this industry median. Based on the distribution chart, Cavco Industries ranks #87 out of 94 companies in the Homebuilding & Construction industry, which is in the bottom quartile relative to peers. Overall, Cavco Industries has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cavco Industries' PB Ratio compare to SKY and MHO?
According to the Homebuilding & Construction industry distribution chart, Cavco Industries ranks #87 out of 94 companies for PB Ratio. This places Cavco Industries in the lower half of its industry. The industry median PB Ratio is 0.99. Cavco Industries' value of 3.94 is 298% above this benchmark. Historically, Cavco Industries' own PB Ratio has ranged from 1.63 to 4.99 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 0.99, Cavco Industries 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 PB Ratio for a Homebuilding & Construction company?
The median PB Ratio among Homebuilding & Construction companies is 0.99, based on 94 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cavco Industries's current PB Ratio of 3.94 is 298% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cavco Industries and its competitors. For the Homebuilding & Construction industry, the median PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cavco Industries's current PB Ratio is 3.94, which is 32% above median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cavco Industries stock overvalued right now?
Based on GuruFocus' analysis, Cavco Industries (CVCO) is currently considered Fairly Valued. The stock's GF Value™ is $535.99, compared to a current price of $561.83 — trading 4.8% above its estimated fair value. The current PB Ratio is 3.94, which is 32% above median its 10-year median of 2.99 and 298% above the Homebuilding & Construction industry median of 0.99. Cavco Industries' overall GF Score™ is 96/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Cavco Industries (CVCO), the current PB Ratio is 3.94 as of Jul. 14, 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 Cavco Industries (CVCO) Overvalued in 2026?
Based on GuruFocus' analysis, Cavco Industries stock appears to be overvalued.
The current stock price of $561.83 is trading 4.8% above its estimated GF Value™ of $535.99.
GuruFocus considers Cavco Industries to be Fairly Valued.
Key valuation signals for CVCO:
PB Ratio: 3.94 (32% above median its 10-year median of 2.99)
GF Value™: $535.99 vs. price of $561.83 (4.8% above fair value)
Industry Position: 298% above the Homebuilding & Construction median (#87 of 94)
No single metric tells the full story. See the CVCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cavco Industries Inc designs and produces factory-built homes distributed through a network of independent and company-owned retailers, planned community operators and residential developers. It is also a producer of park model RVs, vacation cabins and Factory-built commercial structures. It operates principally in two segments: factory-built housing, which includes wholesale and retail factory-built housing operations and Financial services, which include manufactured housing consumer finance and insurance. The factory-built housing segment generates the majority of revenue from building and selling manufactured and modular homes to both wholesale customers and end consumers through company owned retail stores.
96GF Score
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