BorgWarner (BSP:B1WA34) Cyclically Adjusted Book per Share: R$139.33 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:B1WA34 BorgWarner Inc BSP:B1WA34
55 GF Score
Price R$324.39
GF Value R$189.12
Valuation Significantly Overvalued
! 1 Warning Sign
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What is BorgWarner Cyclically Adjusted Book per Share?

BorgWarner BSP:B1WA34 -9.52% 55 Cyclically Adjusted Book per Share is R$139.33 as of Mar. 2026. GuruFocus rates BSP:B1WA34 with a GF Score™ of 55/100 and a GF Value™ of R$189.12 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

BorgWarner's adjusted book value per share for the three months ended in Mar. 2026 was R$139.051. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$139.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BorgWarner's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of BorgWarner was 11.90% per year. The lowest was 5.60% per year. And the median was 8.45% per year.

As of today (2026-07-16), BorgWarner's current stock price is R$324.39. BorgWarner's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$139.33. BorgWarner's Cyclically Adjusted PB Ratio of today is 2.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BorgWarner was 3.54. The lowest was 0.96. And the median was 1.93.


BorgWarner  (BSP:B1WA34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

BorgWarner's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=324.39/139.33
=2.33

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BorgWarner was 3.54. The lowest was 0.96. And the median was 1.93.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


BorgWarner Cyclically Adjusted Book per Share Related Terms


BorgWarner Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for BorgWarner's Cyclically Adjusted Book per Share 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.

BorgWarner Cyclically Adjusted Book per Share Chart

BorgWarner Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.50 151.39 120.41 166.15 148.67

BorgWarner Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 150.12 147.97 146.15 148.67 139.33

BSP:B1WA34 vs MOD, APTV, AUR: Cyclically Adjusted Book per Share Comparison

For the Auto Parts subindustry, BorgWarner's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


BorgWarner Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BorgWarner's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BorgWarner's Cyclically Adjusted PB Ratio falls into.


BSP:B1WA34
55GF Score
BorgWarner Inc BSP:B1WA34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BorgWarner Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, BorgWarner's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=139.051/330.2130*330.2130
=139.051

Current CPI (Mar. 2026) = 330.2130.

BorgWarner Quarterly Data

Book Value per Share CPI Adj_Book
201606 58.824 241.018 80.593
201609 56.666 241.428 77.505
201612 50.853 241.432 69.553
201703 50.156 243.801 67.933
201706 56.396 244.955 76.025
201709 56.840 246.819 76.045
201712 58.093 246.524 77.814
201803 61.033 249.554 80.760
201806 71.501 251.989 93.697
201809 80.220 252.439 104.935
201812 78.819 251.233 103.597
201903 79.198 254.202 102.880
201906 82.037 256.143 105.760
201909 88.916 256.759 114.353
201912 93.581 256.974 120.252
202003 111.669 258.115 142.861
202006 115.432 257.797 147.857
202009 105.086 260.280 133.321
202012 138.409 260.474 175.466
202103 149.589 264.877 186.487
202106 139.432 271.696 169.462
202109 146.324 274.310 176.144
202112 163.862 278.802 194.078
202203 146.441 287.504 168.195
202206 146.829 296.311 163.628
202209 151.718 296.808 168.793
202212 161.851 296.797 180.074
202303 165.365 301.836 180.912
202306 155.917 305.109 168.746
202309 121.190 307.789 130.019
202312 124.273 306.746 133.780
202403 127.665 312.332 134.974
202406 144.082 314.175 151.437
202409 155.879 315.301 163.251
202412 154.346 315.605 161.490
202503 149.925 319.799 154.807
202506 151.797 322.561 155.398
202509 150.139 324.800 152.641
202512 143.390 324.054 146.115
202603 139.051 330.213 139.051

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$139.33 mean?
BorgWarner (BSP:B1WA34) has a Cyclically Adjusted Book per Share of R$139.33 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on BorgWarner and its competitors.
Is BorgWarner's Cyclically Adjusted Book per Share too high?
BorgWarner's current Cyclically Adjusted Book per Share is R$139.33. Overall, BorgWarner has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BorgWarner's Cyclically Adjusted Book per Share compare to MOD and APTV?
BorgWarner's Cyclically Adjusted Book per Share of R$139.33 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Vehicles & Parts company?
A good Cyclically Adjusted Book per Share depends on the Vehicles & Parts industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on BorgWarner and its competitors. BorgWarner's current Cyclically Adjusted Book per Share is R$139.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BorgWarner stock overvalued right now?
Based on GuruFocus' analysis, BorgWarner (BSP:B1WA34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$189.12, compared to a current price of R$324.39 — trading 71.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$139.33. BorgWarner's overall GF Score™ is 55/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For BorgWarner (BSP:B1WA34), the current Cyclically Adjusted Book per Share is R$139.33 as of Mar. 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 BorgWarner (BSP:B1WA34) Overvalued in 2026?

Based on GuruFocus' analysis, BorgWarner stock appears to be overvalued. The current stock price of R$324.39 is trading 71.5% above its estimated GF Value™ of R$189.12. GuruFocus considers BorgWarner to be Significantly Overvalued.

Key valuation signals for BSP:B1WA34:

  • Cyclically Adjusted Book per Share: R$139.33
  • GF Value™: R$189.12 vs. price of R$324.39 (71.5% above fair value)
  • GF Score™: 55/100 with 1 warning sign

No single metric tells the full story. See the BSP:B1WA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BorgWarner Business Description

Address 3850 Hamlin Road, Auburn Hills, MI, USA, 48326
BorgWarner is a tier one supplier of turbo and thermal management technologies, drivetrain systems, powerdrive systems, and battery and charging systems mostly to automotive original equipment manufacturers. Its products aim to move a vehicle with as few electrons as possible, resulting in cleaner, cost-optimized, and more-efficient vehicles. Foundational products, the combustion vehicle business, contributes more than 80% to group revenue while BorgWarner transitions to becoming an electric vehicle-centric parts supplier (e-business). In 2024, 23% of the company's revenue was sourced from Volkswagen and Ford. Revenue is well diversified geographically, with approximately a third each generated in North America, Europe, and Asia.
55GF Score

Get the complete analysis for BSP:B1WA34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$324.39
Price
R$189.12
GF Value