Eaton (BSP:E1TN34) Cyclically Adjusted PB Ratio: 8.48 (As of Sep. 10, 2026) — 123% Above Median

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BSP:E1TN34 Eaton Corp PLC BSP:E1TN34
83 GF Score
Price R$152.24
GF Value R$154.88
Valuation Fairly Valued
! 4 Warning Signs
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What is Eaton Cyclically Adjusted PB Ratio?

Eaton BSP:E1TN34 -1.05% 83 Cyclically Adjusted PB Ratio is 8.48 as of Sep. 10, 2026, which is 123% above its 10-year median of 3.81. GuruFocus rates BSP:E1TN34 with a GF Score™ of 83/100 and a GF Value™ of R$154.88 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,098 Industrial Products companies, Eaton ranks worse than 90.61% on this metric.

As of today (2026-09-10), Eaton's current share price is R$152.24. Eaton's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$17.96. Eaton's Cyclically Adjusted PB Ratio for today is 8.48.

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

BSP:E1TN34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 3.81   Max: 9.33
Current: 8.58

During the past years, Eaton's highest Cyclically Adjusted PB Ratio was 9.33. The lowest was 1.98. And the median was 3.81.

BSP:E1TN34's Cyclically Adjusted PB Ratio is ranked worse than
90.61% of 2098 companies
in the Industrial Products industry
Industry Median: 2.145 vs BSP:E1TN34: 8.58

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.

Eaton's adjusted book value per share data for the three months ended in Jun. 2026 was R$19.086. 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$17.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eaton  (BSP:E1TN34) 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.


Eaton Cyclically Adjusted PB Ratio Related Terms


Eaton Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eaton'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.

Eaton Cyclically Adjusted PB Ratio Chart

Eaton 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 4.67 3.80 5.50 7.39 6.80

Eaton 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 7.76 8.08 6.80 7.48 8.81

BSP:E1TN34 vs PH, EMR, ITW: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Eaton'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.


Eaton Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


BSP:E1TN34
83GF Score
Eaton Corp PLC BSP:E1TN34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eaton 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=152.24/17.96
=8.48

* 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.

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

For example, Eaton'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)
=19.086/128.6700*128.6700
=19.086

Current CPI (Jun. 2026) = 128.6700.

Eaton Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.924 100.274 10.168
201612 7.972 99.676 10.291
201703 7.570 100.374 9.704
201706 8.230 100.673 10.519
201709 8.426 100.474 10.791
201712 9.231 100.075 11.869
201803 9.246 100.573 11.829
201806 10.375 101.072 13.208
201809 11.345 101.371 14.400
201812 10.547 100.773 13.467
201903 10.525 101.670 13.320
201906 10.692 102.168 13.465
201909 11.280 102.268 14.192
201912 11.408 102.068 14.381
202003 12.429 102.367 15.623
202006 13.142 101.769 16.616
202009 14.008 101.072 17.833
202012 13.782 101.072 17.545
202103 15.146 102.367 19.038
202106 13.884 103.364 17.283
202109 15.108 104.859 18.539
202112 16.624 106.653 20.056
202203 14.806 109.245 17.439
202206 14.828 112.779 16.917
202209 15.132 113.504 17.154
202212 16.047 115.436 17.887
202303 16.286 117.609 17.818
202306 15.599 119.662 16.773
202309 16.241 120.749 17.306
202312 16.681 120.749 17.775
202403 17.160 120.990 18.249
202406 18.573 122.318 19.537
202409 19.134 121.594 20.247
202412 20.506 122.439 21.550
202503 19.452 123.405 20.282
202506 18.932 124.492 19.567
202509 18.584 124.810 19.159
202512 19.515 125.770 19.965
202603 18.972 127.830 19.097
202606 19.086 128.670 19.086

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 8.48 mean?
Eaton (BSP:E1TN34) has a Cyclically Adjusted PB Ratio of 8.48 as of Sep. 10, 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 Eaton and its competitors. This is 123% above median its historical median of 3.81. Over the past decade, Eaton's Cyclically Adjusted PB Ratio has ranged from 1.98 to 9.33. According to the industry distribution chart, Eaton ranks #1901 out of 2098 companies in the Industrial Products industry, placing it in the top 90.6%.
Is Eaton's Cyclically Adjusted PB Ratio too high?
Eaton's current Cyclically Adjusted PB Ratio of 8.48 is 123% above median its 10-year median of 3.81. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 9.33. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.15. Eaton's value of 8.48 is 295.3% above this industry median. Based on the distribution chart, Eaton ranks #1901 out of 2098 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Eaton has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eaton's Cyclically Adjusted PB Ratio compare to PH and EMR?
According to the Industrial Products industry distribution chart, Eaton ranks #1901 out of 2098 companies for Cyclically Adjusted PB Ratio. This places Eaton in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. Eaton's value of 8.48 is 295.3% above this benchmark. Historically, Eaton's own Cyclically Adjusted PB Ratio has ranged from 1.98 to 9.33 over the past decade. While the company's 10-year median is 3.81 vs. the industry median of 2.15, Eaton 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.15, based on 2,098 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. Eaton's current Cyclically Adjusted PB Ratio of 8.48 is 295.3% 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 Eaton and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton's current Cyclically Adjusted PB Ratio is 8.48, which is 123% above median its own 10-year median of 3.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton stock overvalued right now?
Based on GuruFocus' analysis, Eaton (BSP:E1TN34) is currently considered Fairly Valued. The stock's GF Value™ is R$154.88, compared to a current price of R$152.24 — trading 1.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.48, which is 123% above median its 10-year median of 3.81 and 295.3% above the Industrial Products industry median of 2.15. Eaton's overall GF Score™ is 83/100 with 4 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 Eaton (BSP:E1TN34), the current Cyclically Adjusted PB Ratio is 8.48 as of Sep. 10, 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 Eaton (BSP:E1TN34) Overvalued in 2026?

Based on GuruFocus' analysis, Eaton stock appears to be undervalued. The current stock price of R$152.24 is trading 1.7% below its estimated GF Value™ of R$154.88. GuruFocus considers Eaton to be Fairly Valued.

Key valuation signals for BSP:E1TN34:

  • Cyclically Adjusted PB Ratio: 8.48 (123% above median its 10-year median of 3.81)
  • GF Value™: R$154.88 vs. price of R$152.24 (1.7% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 295.3% above the Industrial Products median (#1901 of 2098)

No single metric tells the full story. See the BSP:E1TN34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eaton Business Description

Address 30 Pembroke Road, Eaton House, Dublin 4, Dublin, IRL, D04 Y0C2
Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton's portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US.
83GF Score

Get the complete analysis for BSP:E1TN34

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

R$152.24
Price
R$154.88
GF Value