Fletcher BuildingFRCEF 54 PB Ratio is 0.83 as of Jun. 26, 2026, which is 22% below its 10-year median of 1.07. GuruFocus rates FRCEF with a GF Score™ of 54/100 and a GF Value™ of $1.24. The stock has 7 warning signs investors should review. Among 398 Building Materials companies, Fletcher Building ranks better than 59.05% on this metric.
The historical rank and industry rank for Fletcher Building's PB Ratio or its related term are showing as below:
FRCEF'
s PB Ratio Range Over the Past 10 Years
Min: 0.6 Med: 1.07 Max: 1.88
Current: 0.93
During the past 13 years, Fletcher Building's highest PB Ratio was 1.88. The lowest was 0.60. And the median was 1.07.
FRCEF's PB Ratio is ranked better than 59.05% of 398
companies
in the Building Materials industry
Industry Median: 1.185
vs FRCEF: 0.93
During the past 12 months, Fletcher Building's average Book Value Per Share Growth Rate was -6.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fletcher Building was 24.10% per year. The lowest was -11.00% per year. And the median was 1.10% per year.
Back to Basics: PB Ratio
Fletcher Building (OTCPK:FRCEF) PB Ratio Explanation
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.
Fletcher Building PB Ratio Related Terms
Fletcher Building PB Ratio Historical Data
* Premium members only.
The historical data trend for Fletcher Building'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 Building Materials subindustry, Fletcher Building'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.
Fletcher Building PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Fletcher Building's PB Ratio distribution charts can be found below:
* The bar in red indicates where Fletcher Building'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.
Fletcher Building (FRCEF) has a PB Ratio of 0.83 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fletcher Building and its competitors. This is 22% below median its historical median of 1.07. Over the past decade, Fletcher Building's PB Ratio has ranged from 0.60 to 1.88. According to the industry distribution chart, Fletcher Building ranks #163 out of 398 companies in the Building Materials industry, placing it in the top 41%.
Is Fletcher Building's PB Ratio too high?
Fletcher Building's current PB Ratio of 0.83 is 22% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.88. The Building Materials industry median PB Ratio is 1.19. Fletcher Building's value of 0.83 is 30% below this industry median. Based on the distribution chart, Fletcher Building ranks #163 out of 398 companies in the Building Materials industry, which is above the industry midpoint. Overall, Fletcher Building has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Fletcher Building's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Fletcher Building ranks #163 out of 398 companies for PB Ratio. This puts Fletcher Building in the upper half of its industry. The industry median PB Ratio is 1.19. Fletcher Building's value of 0.83 is 30% below this benchmark. Historically, Fletcher Building's own PB Ratio has ranged from 0.60 to 1.88 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.19, Fletcher Building has consistently been below 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.19, based on 398 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. Fletcher Building's current PB Ratio of 0.83 is 30% below 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 Fletcher Building and its competitors. For the Building Materials industry, the median PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fletcher Building's current PB Ratio is 0.83, which is 22% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fletcher Building stock overvalued right now?
Fletcher Building (FRCEF) has a current PB Ratio of 0.83. The stock's GF Value™ is $1.24, compared to a current price of $1.63 — trading 31.5% above its estimated fair value. The current PB Ratio is 0.83, which is 22% below median its 10-year median of 1.07 and 30% below the Building Materials industry median of 1.19. Fletcher Building's overall GF Score™ is 54/100 with 7 warning signs 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 Fletcher Building (FRCEF), the current PB Ratio is 0.83 as of Jun. 26, 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 Fletcher Building (FRCEF) Overvalued in 2026?
Based on GuruFocus' analysis, Fletcher Building stock appears to be overvalued.
The current stock price of $1.63 is trading 31.5% above its estimated GF Value™ of $1.24.
Key valuation signals for FRCEF:
PB Ratio: 0.83 (22% below median its 10-year median of 1.07)
GF Value™: $1.24 vs. price of $1.63 (31.5% above fair value)
Industry Position: 30% below the Building Materials median (#163 of 398)
No single metric tells the full story. See the FRCEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, and development. Most revenue is derived from new house construction, with smaller earnings contributions from commercial and infrastructure construction.
54GF Score
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