GBX (Greenbrier) Cyclically Adjusted Book per Share: $48.26 (As of May. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

GBX Greenbrier Companies Inc GBX
71 GF Score
Price $49.25
GF Value $35.71
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Greenbrier Cyclically Adjusted Book per Share?

Greenbrier GBX +0.35% 71 Cyclically Adjusted Book per Share is $48.26 as of May. 2026. GuruFocus rates GBX with a GF Score™ of 71/100 and a GF Value™ of $35.71 (Significantly Overvalued). The stock has 8 warning signs 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.

Greenbrier's adjusted book value per share for the three months ended in May. 2026 was $50.848. 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 $48.26 for the trailing ten years ended in May. 2026.

During the past 12 months, Greenbrier's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 Greenbrier was 13.10% per year. The lowest was 2.10% per year. And the median was 7.50% per year.

As of today (2026-08-03), Greenbrier's current stock price is $49.25. Greenbrier's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $48.26. Greenbrier's Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Greenbrier was 2.75. The lowest was 0.49. And the median was 1.23.


Greenbrier  (NYSE:GBX) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.25/48.26
=1.02

* 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 Greenbrier was 2.75. The lowest was 0.49. And the median was 1.23.


Be Aware

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


Greenbrier Cyclically Adjusted Book per Share Related Terms


Greenbrier Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Greenbrier'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.

Greenbrier Cyclically Adjusted Book per Share Chart

Greenbrier Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.86 36.53 39.79 42.80 45.83

Greenbrier Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 45.10 45.83 46.18 46.84 48.26

GBX vs FSTR, RAIL, TRN: Cyclically Adjusted Book per Share Comparison

For the Railroads subindustry, Greenbrier'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.


Greenbrier Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Greenbrier's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


GBX
71GF Score
Greenbrier Companies Inc GBX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenbrier 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, Greenbrier's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book= Book Value per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=50.848/335.1230*335.1230
=50.848

Current CPI (May. 2026) = 335.1230.

Greenbrier Quarterly Data

Book Value per Share CPI Adj_Book
201608 30.998 240.849 43.131
201611 31.046 241.353 43.108
201702 33.172 243.603 45.634
201705 34.601 244.733 47.381
201708 35.720 245.519 48.756
201711 35.976 246.669 48.877
201802 38.126 248.991 51.315
201805 38.070 251.588 50.710
201808 38.834 252.146 51.614
201811 38.876 252.038 51.692
201902 38.847 252.776 51.502
201905 38.860 256.092 50.852
201908 39.299 256.558 51.333
201911 39.324 257.208 51.236
202002 39.412 258.678 51.059
202005 39.486 256.394 51.611
202008 39.541 259.918 50.982
202011 39.008 260.229 50.235
202102 38.644 263.014 49.239
202105 39.743 269.195 49.476
202108 40.365 273.567 49.448
202111 38.017 277.948 45.837
202202 38.437 283.716 45.401
202205 38.984 292.296 44.696
202208 39.165 296.171 44.316
202211 38.611 297.711 43.463
202302 39.591 300.840 44.103
202305 39.623 304.127 43.661
202308 40.628 307.026 44.346
202311 40.976 307.051 44.722
202402 41.756 310.326 45.093
202405 42.694 314.069 45.556
202408 44.198 314.796 47.052
202411 45.049 315.493 47.852
202502 46.522 319.082 48.861
202505 48.700 321.465 50.769
202508 49.639 323.976 51.347
202511 49.916 324.122 51.610
202602 50.570 326.785 51.860
202605 50.848 335.123 50.848

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 $48.26 mean?
Greenbrier (GBX) has a Cyclically Adjusted Book per Share of $48.26 as of May. 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 Greenbrier and its competitors.
Is Greenbrier's Cyclically Adjusted Book per Share too high?
Greenbrier's current Cyclically Adjusted Book per Share is $48.26. Overall, Greenbrier has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenbrier's Cyclically Adjusted Book per Share compare to FSTR and RAIL?
Greenbrier's Cyclically Adjusted Book per Share of $48.26 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Greenbrier and its competitors. Greenbrier's current Cyclically Adjusted Book per Share is $48.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenbrier stock overvalued right now?
Based on GuruFocus' analysis, Greenbrier (GBX) is currently considered Significantly Overvalued. The stock's GF Value™ is $35.71, compared to a current price of $49.25 — trading 37.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is $48.26. Greenbrier's overall GF Score™ is 71/100 with 8 warning signs 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 Greenbrier (GBX), the current Cyclically Adjusted Book per Share is $48.26 as of May. 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 Greenbrier (GBX) Overvalued in 2026?

Based on GuruFocus' analysis, Greenbrier stock appears to be overvalued. The current stock price of $49.25 is trading 37.9% above its estimated GF Value™ of $35.71. GuruFocus considers Greenbrier to be Significantly Overvalued.

Key valuation signals for GBX:

  • Cyclically Adjusted Book per Share: $48.26
  • GF Value™: $35.71 vs. price of $49.25 (37.9% above fair value)
  • GF Score™: 71/100 with 8 warning signs

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


Greenbrier Business Description

Other Exchanges G90:Germany
Address One Centerpoint Drive, Suite 200, Lake Oswego, OR, USA, 97035
Greenbrier Companies Inc supplies equipment and services to international freight transportation markets, designing and marketing freight railcars in North America, Europe, and Brazil through subsidiaries and joint ventures. It provides railcar wheel services, parts, maintenance, and conversion services in North America. The company owns a lease fleet sourced mainly from its manufacturing operations and offers railcar management, regulatory compliance, and leasing services to railroads and owners. It operates two segments: Manufacturing and Leasing & Fleet Management, with the majority of revenue from Manufacturing. The company operates in the U.S. and internationally, with the majority of revenue from the U.S. market.
71GF Score

Get the complete analysis for GBX

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

$49.25
Price
$35.71
GF Value