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Fletcher BuildingASX:FBU -1.27%58 Shiller PE Ratio is 62.20 as of Sep. 09, 2026, which is 272% above its 10-year median of 16.74. GuruFocus rates ASX:FBU with a GF Score™ of 58/100 and a GF Value™ of A$1.93 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 257 Building Materials companies, Fletcher Building ranks worse than 91.83% on this metric.
The historical rank and industry rank for Fletcher Building's Shiller PE Ratio or its related term are showing as below:
ASX:FBU'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.75 Med: 16.74 Max: 70.32
Current: 70.32
During the past 13 years, Fletcher Building's highest Shiller PE Ratio was 70.32. The lowest was 9.75. And the median was 16.74.
ASX:FBU's Shiller PE Ratio is ranked worse than 91.83% of 257
companies
in the Building Materials industry
Industry Median: 15.33
vs ASX:FBU: 70.32
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.
Fletcher Building's adjusted earnings per share data of for the fiscal year that ended in Jun26 was A$0.174. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is A$0.05 for the trailing ten years ended in Jun26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Fletcher Building (ASX:FBU) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Fletcher Building Shiller PE Ratio Related Terms
Fletcher Building Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Fletcher Building's Shiller PE 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.
ASX:FBU vs CRH, MLM, VMC: Shiller PE Ratio Comparison
For the Building Materials subindustry, Fletcher Building's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Fletcher Building's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Fletcher Building's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Fletcher Building's E10 for the fiscal year that ended in Jun26 is calculated as:
For example, Fletcher Building's adjusted earnings per share data for the fiscal year that ended in Jun26 was:
Add all the adjusted EPS together and divide 10 will get our E10.
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.
Fletcher Building (ASX:FBU) has a Shiller PE Ratio of 62.20 as of Sep. 09, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Fletcher Building and its competitors. This is 272% above median its historical median of 16.74. Over the past decade, Fletcher Building's Shiller PE Ratio has ranged from 9.75 to 70.32. According to the industry distribution chart, Fletcher Building ranks #236 out of 257 companies in the Building Materials industry, placing it in the top 91.8%.
Is Fletcher Building's Shiller PE Ratio too high?
Fletcher Building's current Shiller PE Ratio of 62.20 is 272% above median its 10-year median of 16.74. Over the past 10 years, this metric has ranged from a low of 9.75 to a high of 70.32. The Building Materials industry median Shiller PE Ratio is 15.33. Fletcher Building's value of 62.20 is 305.7% above this industry median. Based on the distribution chart, Fletcher Building ranks #236 out of 257 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Fletcher Building has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fletcher Building's Shiller PE Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Fletcher Building ranks #236 out of 257 companies for Shiller PE Ratio. This places Fletcher Building in the lower half of its industry. The industry median Shiller PE Ratio is 15.33. Fletcher Building's value of 62.20 is 305.7% above this benchmark. Historically, Fletcher Building's own Shiller PE Ratio has ranged from 9.75 to 70.32 over the past decade. While the company's 10-year median is 16.74 vs. the industry median of 15.33, Fletcher Building 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 Shiller PE Ratio for a Building Materials company?
The median Shiller PE Ratio among Building Materials companies is 15.33, based on 257 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fletcher Building's current Shiller PE Ratio of 62.20 is 305.7% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Fletcher Building and its competitors. For the Building Materials industry, the median Shiller PE Ratio is 15.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fletcher Building's current Shiller PE Ratio is 62.20, which is 272% above median its own 10-year median of 16.74. 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?
Based on GuruFocus' analysis, Fletcher Building (ASX:FBU) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.93, compared to a current price of A$3.11 — trading 61.1% above its estimated fair value. The current Shiller PE Ratio is 62.20, which is 272% above median its 10-year median of 16.74 and 305.7% above the Building Materials industry median of 15.33. Fletcher Building's overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Fletcher Building (ASX:FBU), the current Shiller PE Ratio is 62.20 as of Sep. 09, 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 (ASX:FBU) Overvalued in 2026?
Based on GuruFocus' analysis, Fletcher Building stock appears to be overvalued.
The current stock price of A$3.11 is trading 61.1% above its estimated GF Value™ of A$1.93.
GuruFocus considers Fletcher Building to be Significantly Overvalued.
Key valuation signals for ASX:FBU:
Shiller PE Ratio: 62.20 (272% above median its 10-year median of 16.74)
GF Value™: A$1.93 vs. price of A$3.11 (61.1% above fair value)
Industry Position: 305.7% above the Building Materials median (#236 of 257)
No single metric tells the full story. See the ASX:FBU 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.
58GF Score
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