Ingersoll Rand (BSP:I2RS34) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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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Charlie Tian
Charlie Tian
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:I2RS34 Ingersoll Rand Inc BSP:I2RS34
60 GF Score
Price R$61.38
GF Value R$80.40
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Ingersoll Rand Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingersoll Rand  (BSP:I2RS34) 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.


Ingersoll Rand Cyclically Adjusted PB Ratio Related Terms


Ingersoll Rand Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Ingersoll Rand'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.

Ingersoll Rand Cyclically Adjusted PB Ratio Chart

Ingersoll Rand Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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Ingersoll Rand 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 - - - - 4.04

BSP:I2RS34 vs OTIS, DOV, XYL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Ingersoll Rand'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.


Ingersoll Rand Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


BSP:I2RS34
60GF Score
Ingersoll Rand Inc BSP:I2RS34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ingersoll Rand 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.

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

For example, Ingersoll Rand'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)
=22.765/333.9520*333.9520
=22.765

Current CPI (Jun. 2026) = 333.9520.

Ingersoll Rand Quarterly Data

Book Value per Share CPI Adj_Book
201609 241.428 0.000
201612 0.752 241.432 1.040
201703 0.766 243.801 1.049
201706 3.406 244.955 4.643
201709 3.419 246.819 4.626
201712 4.159 246.524 5.634
201803 4.403 249.554 5.892
201806 5.053 251.989 6.697
201809 5.431 252.439 7.185
201812 5.461 251.233 7.259
201903 5.611 254.202 7.371
201906 5.592 256.143 7.291
201909 6.077 256.759 7.904
201912 6.111 256.974 7.942
202003 18.168 258.115 23.506
202006 18.966 257.797 24.569
202009 19.863 260.280 25.485
202012 18.996 260.474 24.355
202103 20.241 264.877 25.519
202106 18.607 271.696 22.871
202109 19.438 274.310 23.664
202112 20.643 278.802 24.726
202203 17.662 287.504 20.515
202206 19.120 296.311 21.549
202209 19.624 296.808 22.080
202212 20.100 296.797 22.616
202303 19.567 301.836 21.649
202306 18.842 305.109 20.623
202309 19.816 307.789 21.500
202312 19.756 306.746 21.508
202403 20.490 312.332 21.908
202406 22.973 314.175 24.419
202409 23.244 315.301 24.619
202412 26.173 315.605 27.695
202503 24.962 319.799 26.067
202506 23.239 322.561 24.060
202509 22.882 324.800 23.527
202512 23.701 324.054 24.425
202603 22.767 330.213 23.025
202606 22.765 333.952 22.765

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.

Is Ingersoll Rand (BSP:I2RS34) Overvalued in 2026?

Based on GuruFocus' analysis, Ingersoll Rand stock appears to be undervalued. The current stock price of R$61.38 is trading 23.7% below its estimated GF Value™ of R$80.40. GuruFocus considers Ingersoll Rand to be Modestly Undervalued.

Key valuation signals for BSP:I2RS34:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$80.40 vs. price of R$61.38 (23.7% below fair value)
  • GF Score™: 60/100 with 1 warning sign

No single metric tells the full story. See the BSP:I2RS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ingersoll Rand Business Description

Other Exchanges IR:USA5GD:Germany
Address 525 Harbour Place Drive, Suite 600, Davidson, NC, USA, 28036
Ingersoll Rand was formed through the merger of Gardner Denver and Ingersoll Rand's industrial segment. The firm's portfolio consists of two business lines: industrial technologies and services, and precision and science technologies. Ingersoll Rand serves a variety of end markets, including industrial, medical, and energy. Its broad portfolio of products includes compression, blower and vacuum, and fluid management. Ingersoll Rand generated roughly $7.7 billion in revenue in 2025.
60GF Score

Get the complete analysis for BSP:I2RS34

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

R$61.38
Price
R$80.40
GF Value