BorgWarner (BSP:B1WA34) Cyclically Adjusted PB Ratio: 2.28 (As of Aug. 14, 2026) — 18% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BSP:B1WA34 BorgWarner Inc BSP:B1WA34
55 GF Score
Price R$352.08
GF Value R$210.36
Valuation Significantly Overvalued
! 3 Warning Signs
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What is BorgWarner Cyclically Adjusted PB Ratio?

BorgWarner BSP:B1WA34 +1.52% 55 Cyclically Adjusted PB Ratio is 2.28 as of Aug. 14, 2026, which is 18% above its 10-year median of 1.93. GuruFocus rates BSP:B1WA34 with a GF Score™ of 55/100 and a GF Value™ of R$210.36 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 982 Vehicles & Parts companies, BorgWarner ranks worse than 69.14% on this metric.

As of today (2026-08-14), BorgWarner's current share price is R$352.08. BorgWarner's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$154.59. BorgWarner's Cyclically Adjusted PB Ratio for today is 2.28.

The historical rank and industry rank for BorgWarner's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:B1WA34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.93   Max: 3.54
Current: 2.37

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

BSP:B1WA34's Cyclically Adjusted PB Ratio is ranked worse than
69.14% of 982 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs BSP:B1WA34: 2.37

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 adjusted book value per share data for the three months ended in Jun. 2026 was R$141.421. 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$154.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BorgWarner  (BSP:B1WA34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


BorgWarner Cyclically Adjusted PB Ratio Related Terms


BorgWarner Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BorgWarner's Cyclically Adjusted PB 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.

BorgWarner Cyclically Adjusted PB Ratio Chart

BorgWarner Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 1.51 1.42 1.20 1.63

BorgWarner Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 1.23 1.59 1.63 1.92 2.32

BSP:B1WA34 vs MOD, APTV, AUR: Cyclically Adjusted PB Ratio 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 PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BorgWarner Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=352.08/154.59
=2.28

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=141.421/333.9520*333.9520
=141.421

Current CPI (Jun. 2026) = 333.9520.

BorgWarner Quarterly Data

Book Value per Share CPI Adj_Book
201609 56.666 241.428 78.382
201612 50.853 241.432 70.341
201703 50.156 243.801 68.702
201706 56.396 244.955 76.886
201709 56.840 246.819 76.906
201712 58.093 246.524 78.695
201803 61.033 249.554 81.674
201806 71.501 251.989 94.758
201809 80.220 252.439 106.123
201812 78.819 251.233 104.770
201903 79.198 254.202 104.045
201906 82.037 256.143 106.958
201909 88.916 256.759 115.648
201912 93.581 256.974 121.614
202003 111.669 258.115 144.479
202006 115.432 257.797 149.531
202009 105.086 260.280 134.830
202012 138.409 260.474 177.453
202103 149.589 264.877 188.599
202106 139.432 271.696 171.381
202109 146.324 274.310 178.139
202112 163.862 278.802 196.276
202203 146.441 287.504 170.099
202206 146.829 296.311 165.481
202209 151.718 296.808 170.705
202212 161.851 296.797 182.113
202303 165.365 301.836 182.960
202306 155.917 305.109 170.656
202309 121.190 307.789 131.492
202312 124.273 306.746 135.295
202403 127.665 312.332 136.502
202406 144.082 314.175 153.152
202409 155.879 315.301 165.100
202412 154.346 315.605 163.319
202503 149.925 319.799 156.560
202506 151.797 322.561 157.158
202509 150.139 324.800 154.370
202512 143.390 324.054 147.770
202603 139.051 330.213 140.625
202606 141.421 333.952 141.421

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

What does a Cyclically Adjusted PB Ratio of 2.28 mean?
BorgWarner (BSP:B1WA34) has a Cyclically Adjusted PB Ratio of 2.28 as of Aug. 14, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on BorgWarner and its competitors. This is 18% above median its historical median of 1.93. Over the past decade, BorgWarner's Cyclically Adjusted PB Ratio has ranged from 0.96 to 3.54. According to the industry distribution chart, BorgWarner ranks #679 out of 982 companies in the Vehicles & Parts industry, placing it in the top 69.1%.
Is BorgWarner's Cyclically Adjusted PB Ratio too high?
BorgWarner's current Cyclically Adjusted PB Ratio of 2.28 is 18% above median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 3.54. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. BorgWarner's value of 2.28 is 81% above this industry median. Based on the distribution chart, BorgWarner ranks #679 out of 982 companies in the Vehicles & Parts industry, which is below the industry midpoint. 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 PB Ratio compare to MOD and APTV?
According to the Vehicles & Parts industry distribution chart, BorgWarner ranks #679 out of 982 companies for Cyclically Adjusted PB Ratio. This places BorgWarner in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. BorgWarner's value of 2.28 is 81% above this benchmark. Historically, BorgWarner's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 3.54 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.26, BorgWarner 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 Cyclically Adjusted PB Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 982 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BorgWarner's current Cyclically Adjusted PB Ratio of 2.28 is 81% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on BorgWarner and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BorgWarner's current Cyclically Adjusted PB Ratio is 2.28, which is 18% above median its own 10-year median of 1.93. 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$210.36, compared to a current price of R$352.08 — trading 67.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.28, which is 18% above median its 10-year median of 1.93 and 81% above the Vehicles & Parts industry median of 1.26. BorgWarner's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For BorgWarner (BSP:B1WA34), the current Cyclically Adjusted PB Ratio is 2.28 as of Aug. 14, 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$352.08 is trading 67.4% above its estimated GF Value™ of R$210.36. GuruFocus considers BorgWarner to be Significantly Overvalued.

Key valuation signals for BSP:B1WA34:

  • Cyclically Adjusted PB Ratio: 2.28 (18% above median its 10-year median of 1.93)
  • GF Value™: R$210.36 vs. price of R$352.08 (67.4% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 81% above the Vehicles & Parts median (#679 of 982)

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 PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$352.08
Price
R$210.36
GF Value