Price to Earnings (P/E)
since 2005
Calculation
Builders FirstSource Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss)1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 28, 2023 | 4.26 | = | 84.78 | ÷ | 19.92 | 19.92 | = | 2,749,369 | ÷ | 138,012,302 | |
| Mar 1, 2022 | 7.48 | = | 73.05 | ÷ | 9.76 | 9.76 | = | 1,725,416 | ÷ | 176,772,541 | |
| Feb 26, 2021 | 28.49 | = | 43.27 | ÷ | 1.52 | 1.52 | = | 313,537 | ÷ | 206,431,681 | |
| Feb 21, 2020 | 13.97 | = | 26.69 | ÷ | 1.91 | 1.91 | = | 221,809 | ÷ | 116,130,284 | |
| Mar 1, 2019 | 7.89 | = | 14.03 | ÷ | 1.78 | 1.78 | = | 205,191 | ÷ | 115,359,616 | |
| Mar 1, 2018 | 62.36 | = | 21.19 | ÷ | 0.34 | 0.34 | = | 38,781 | ÷ | 114,120,308 | |
| Mar 1, 2017 | 11.29 | = | 14.54 | ÷ | 1.29 | 1.29 | = | 144,341 | ÷ | 112,040,464 | |
| Mar 11, 2016 | — | = | 9.69 | ÷ | -0.21 | -0.21 | = | -22,831 | ÷ | 110,073,332 | |
| Mar 3, 2015 | 32.58 | = | 6.02 | ÷ | 0.18 | 0.18 | = | 18,150 | ÷ | 98,225,978 | |
| Feb 28, 2014 | — | = | 8.61 | ÷ | -0.44 | -0.44 | = | -42,691 | ÷ | 97,950,006 | |
| Mar 1, 2013 | — | = | 6.04 | ÷ | -0.59 | -0.59 | = | -56,856 | ÷ | 96,876,244 | |
| Mar 2, 2012 | — | = | 3.09 | ÷ | -0.67 | -0.67 | = | -64,995 | ÷ | 96,612,914 | |
| Mar 3, 2011 | — | = | 2.45 | ÷ | -0.99 | -0.99 | = | -95,508 | ÷ | 96,768,427 | |
| Mar 4, 2010 | — | = | 3.04 | ÷ | -0.64 | -0.64 | = | -61,854 | ÷ | 96,708,529 | |
| Mar 2, 2009 | — | = | 1.51 | ÷ | -3.86 | -3.86 | = | -139,494 | ÷ | 36,106,079 | |
| Mar 5, 2008 | — | = | 6.63 | ÷ | -0.66 | -0.66 | = | -23,752 | ÷ | 36,030,411 | |
| Mar 12, 2007 | 8.81 | = | 17.15 | ÷ | 1.95 | 1.95 | = | 68,893 | ÷ | 35,370,923 | |
| Mar 13, 2006 | 15.42 | = | 22.43 | ÷ | 1.46 | 1.46 | = | 48,628 | ÷ | 33,421,304 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Builders FirstSource Inc. Annual Report.
The analyzed data reveals significant fluctuations and an overall growth trajectory in both the share price and earnings per share (EPS) over the observed period. Notable volatility is present in the earlier years, followed by a more consistent upward trend in recent years.
- Share Price Trends
- The share price shows a general decline from 22.43 US$ in March 2006 to a low of 1.51 US$ in March 2009, reflecting a substantial decrease during this period. Following this trough, the price fluctuated moderately before commencing a sustained increase from the early 2010s onwards. By February 2023, the share price peaked at 84.78 US$, indicating strong market confidence and value appreciation, especially notable from 2020 to 2023 where it more than doubled from 43.27 US$.
- Earnings Per Share (EPS) Analysis
- The EPS displays considerable volatility, with negative values noted between 2008 and 2015, suggesting periods of losses. The lowest EPS recorded was -3.86 US$ in March 2009, coinciding with the lowest share price, which implies financial distress. Post-2015, EPS shifted towards consistent positive figures, culminating in a remarkable increase to 19.92 US$ by February 2023. This sharp EPS growth implies improving profitability and operational performance in recent years.
- Price-to-Earnings (P/E) Ratio Insights
- The P/E ratio data is incomplete for several years, but available values indicate high variability. Early ratios ranged from 15.42 to 8.81, followed by an absence likely due to negative or negligible earnings. Later values demonstrate spikes and drops, with an exceptionally high P/E of 62.36 suggesting market expectations of future growth despite modest earnings. More recent values settle to relatively low levels such as 4.26 in 2023, implying the stock may be perceived as undervalued relative to current earnings or that earnings have increased substantially.
Overall, the data highlights a recovery and sustained growth phase following a period of financial difficulty during the late 2000s. The recent strong EPS growth coupled with rising share prices and moderating P/E ratios indicates enhanced profitability and favorable market sentiment.
Comparison to Competitors
Builders FirstSource Inc., P/E, long-term trends, comparison to competitors
| Builders FirstSource Inc. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|---|
| Feb 28, 2023 | 4.26 | — | 19.15 | 27.93 | — | 26.97 | 20.48 | 27.59 |
| Mar 1, 2022 | 7.48 | — | 16.82 | 27.77 | — | 23.14 | 16.70 | 36.79 |
| Feb 26, 2021 | 28.49 | — | 36.80 | 37.46 | 19.67 | 29.63 | 13.44 | — |
| Feb 21, 2020 | 13.97 | — | 12.36 | 18.06 | — | 20.97 | 19.87 | 24.41 |
| Mar 1, 2019 | 7.89 | 21.87 | 12.42 | 15.92 | — | 16.02 | 16.88 | 19.74 |
| Mar 1, 2018 | 62.36 | 24.68 | 126.80 | 11.90 | — | 67.20 | 48.70 | 21.97 |
| Mar 1, 2017 | 11.29 | 20.50 | — | 16.96 | 32.22 | 19.29 | 14.14 | 17.55 |
| Mar 11, 2016 | — | 14.89 | 18.07 | 13.17 | — | 16.70 | 18.36 | 9.31 |
| Mar 3, 2015 | 32.58 | 19.15 | 14.01 | 18.73 | 17.17 | 19.27 | 16.86 | 17.52 |
| Feb 28, 2014 | — | 21.10 | 16.25 | 19.35 | 19.59 | 18.91 | 17.56 | 17.51 |
| Mar 1, 2013 | — | 14.71 | 11.02 | 23.99 | 17.57 | 18.78 | 10.34 | 16.07 |
| Mar 2, 2012 | — | 14.09 | 15.11 | 12.83 | 15.52 | 22.54 | 10.81 | 15.29 |
| Mar 3, 2011 | — | 16.17 | 24.14 | 19.59 | 19.49 | 22.48 | 9.58 | 17.84 |
| Mar 4, 2010 | — | 33.40 | 40.66 | 29.60 | 16.09 | 13.44 | 9.56 | 16.33 |
| Mar 2, 2009 | — | 11.63 | 4.51 | 5.65 | 6.62 | 8.71 | 8.47 | 9.57 |
| Mar 5, 2008 | — | 15.99 | 12.54 | 11.89 | 15.45 | 17.07 | 14.15 | 16.61 |
| Mar 12, 2007 | 8.81 | 32.40 | 12.28 | 12.47 | 17.11 | 18.37 | 16.95 | 18.16 |
| Mar 13, 2006 | 15.42 | 22.62 | 17.17 | 12.82 | 21.07 | 20.71 | 17.45 | 18.76 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
Builders FirstSource Inc., P/E, long-term trends, comparison to sector (capital goods)
| Builders FirstSource Inc. | Capital Goods | |
|---|---|---|
| Feb 28, 2023 | 4.26 | 40.21 |
| Mar 1, 2022 | 7.48 | 57.31 |
| Feb 26, 2021 | 28.49 | 123.55 |
| Feb 21, 2020 | 13.97 | 39.03 |
| Mar 1, 2019 | 7.89 | 56.00 |
| Mar 1, 2018 | 62.36 | 55.16 |
| Mar 1, 2017 | 11.29 | 23.62 |
| Mar 11, 2016 | — | 33.10 |
| Mar 3, 2015 | 32.58 | 17.47 |
| Feb 28, 2014 | — | 18.85 |
| Mar 1, 2013 | — | 15.74 |
| Mar 2, 2012 | — | 15.20 |
| Mar 3, 2011 | — | 18.46 |
| Mar 4, 2010 | — | 17.22 |
| Mar 2, 2009 | — | 7.48 |
| Mar 5, 2008 | — | 15.28 |
| Mar 12, 2007 | 8.81 | 17.63 |
| Mar 13, 2006 | 15.42 | 20.11 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Builders FirstSource Inc., P/E, long-term trends, comparison to industry (industrials)
| Builders FirstSource Inc. | Industrials | |
|---|---|---|
| Feb 28, 2023 | 4.26 | 36.06 |
| Mar 1, 2022 | 7.48 | 35.59 |
| Feb 26, 2021 | 28.49 | — |
| Feb 21, 2020 | 13.97 | 43.95 |
| Mar 1, 2019 | 7.89 | 33.70 |
| Mar 1, 2018 | 62.36 | 29.83 |
| Mar 1, 2017 | 11.29 | 22.92 |
| Mar 11, 2016 | — | 22.89 |
| Mar 3, 2015 | 32.58 | 18.79 |
| Feb 28, 2014 | — | 19.13 |
| Mar 1, 2013 | — | 17.77 |
| Mar 2, 2012 | — | 15.75 |
| Mar 3, 2011 | — | 18.72 |
| Mar 4, 2010 | — | 19.17 |
| Mar 2, 2009 | — | 9.73 |
| Mar 5, 2008 | — | 16.93 |
| Mar 12, 2007 | 8.81 | 11.65 |
| Mar 13, 2006 | 15.42 | 50.62 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).