WallStSmart
BLD

Topbuild Corp

NYSE: BLD · INDUSTRIALS · ENGINEERING & CONSTRUCTION

$437.87
+0.63% today

Updated 2026-04-29

Market cap
$12.27B
P/E ratio
23.98
P/S ratio
2.27x
EPS (TTM)
$18.26
Dividend yield
52W range
$274 – $559
Volume
0.6M

Topbuild Corp (BLD) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for BLD.

WallStSmart Verdict
Overvalued

Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.

Smart Value Score: 47 / 100
P/E (TTM)
24.0x
vs 5Y median of 19.8x
PEG
Margin of Safety
-58.66%
Fair value $342.95 vs $437.87
EV / EBITDA
16.1x

BLD historical valuation range

Where current P/E sits in BLD's own 5Y range.

NOW
9.1x
5Y Low
14.9x
25th
19.8x
Median
22.4x
75th
26.3x
5Y High
BLD is trading more expensive than 88% of the last 5Y.
88th percentile · Historically expensive

BLD intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$437.87
Market value
Intrinsic value
$342.95
DCF estimate
Margin of safety
-58.66%
-21.7% upside to fair value

Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.

BLD valuation signals

Quick-read green flags, caution flags, and risks based on current metrics.

P/E near 5Y high
Current P/E sits in the 88th percentile of its 5Y range. Historically expensive relative to its own history.
Premium to fair value
Price exceeds DCF intrinsic value by 58.7%. Limited downside protection.

P/E Ratio — History

Current: 23.98x

P/S Ratio — History

Current: 2.27x

Is BLD overvalued in 2026?

Topbuild Corp (BLD) currently trades at $437.87 per share with a market capitalization of $12,270,138,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 47/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.

The stock trades at a P/E ratio of 24.0x, above its 5-year median of 19.8x.

Looking at its own history, BLD is currently trading more expensive than 88% of the last 5Y on P/E. This places it in the 88th percentile of its historical range, a zone where forward returns have typically been muted.

Our discounted cash flow model estimates BLD's intrinsic value at $342.95 per share, against the current market price of $437.87. This implies a premium to fair value of -58.66%. The current price sits well above what projected cash flows justify, implying investors are paying for growth that has not yet materialized.

The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.

Bottom line: BLD appears richly valued on our framework, with a Smart Value Score of 47/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.

Frequently asked questions

Is BLD overvalued in 2026?

Based on a Smart Value Score of 47/100, BLD appears overvalued. Current price exceeds what fundamentals currently justify.

What is BLD's fair value?

Our DCF model estimates BLD's intrinsic value at $342.95 per share, versus the current price of $437.87. This produces a margin of safety of -58.66%.

What P/E ratio does BLD trade at?

BLD trades at a P/E of 24.0x on trailing twelve-month earnings, compared to its 5-year median of 19.8x.

Is BLD a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 47/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.

How does BLD's valuation compare to its history?

On P/E, BLD currently sits in the 88th percentile of its own 5Y range. That is historically expensive relative to where it has traded over the period.

What is BLD's Smart Value Score?

BLD's Smart Value Score is 47/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.