Westinghouse Air Brake Technologies (BSP:W1AB34) Cyclically Adjusted PB Ratio: 5.11 (As of Aug. 13, 2026) — 46% Above Median

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BSP:W1AB34 Westinghouse Air Brake Technologies Corp BSP:W1AB34
75 GF Score
Price R$766.47
GF Value R$585.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Westinghouse Air Brake Technologies Cyclically Adjusted PB Ratio?

Westinghouse Air Brake Technologies BSP:W1AB34 -0.23% 75 Cyclically Adjusted PB Ratio is 5.11 as of Aug. 13, 2026, which is 46% above its 10-year median of 3.51. GuruFocus rates BSP:W1AB34 with a GF Score™ of 75/100 and a GF Value™ of R$585.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 728 Transportation companies, Westinghouse Air Brake Technologies ranks worse than 91.35% on this metric.

As of today (2026-08-13), Westinghouse Air Brake Technologies's current share price is R$766.47. Westinghouse Air Brake Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$150.09. Westinghouse Air Brake Technologies's Cyclically Adjusted PB Ratio for today is 5.11.

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

BSP:W1AB34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 3.51   Max: 6.84
Current: 5.08

During the past years, Westinghouse Air Brake Technologies's highest Cyclically Adjusted PB Ratio was 6.84. The lowest was 1.79. And the median was 3.51.

BSP:W1AB34's Cyclically Adjusted PB Ratio is ranked worse than
91.35% of 728 companies
in the Transportation industry
Industry Median: 1.29 vs BSP:W1AB34: 5.08

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.

Westinghouse Air Brake Technologies's adjusted book value per share data for the three months ended in Jun. 2026 was R$169.904. 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$150.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westinghouse Air Brake Technologies  (BSP:W1AB34) 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.


Westinghouse Air Brake Technologies Cyclically Adjusted PB Ratio Related Terms


Westinghouse Air Brake Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Westinghouse Air Brake Technologies'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.

Westinghouse Air Brake Technologies Cyclically Adjusted PB Ratio Chart

Westinghouse Air Brake Technologies 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 2.75 2.52 2.84 3.83 3.91

Westinghouse Air Brake Technologies 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 3.99 3.73 3.91 4.42 4.63

BSP:W1AB34 vs NSC, CSX, TRN: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, Westinghouse Air Brake Technologies'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.


Westinghouse Air Brake Technologies Cyclically Adjusted PB Ratio vs Transportation Industry

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

* The bar in red indicates where Westinghouse Air Brake Technologies's Cyclically Adjusted PB Ratio falls into.


BSP:W1AB34
75GF Score
Westinghouse Air Brake Technologies Corp BSP:W1AB34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Westinghouse Air Brake Technologies 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=766.47/150.09
=5.11

* 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.

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

For example, Westinghouse Air Brake Technologies'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)
=169.904/333.9520*333.9520
=169.904

Current CPI (Jun. 2026) = 333.9520.

Westinghouse Air Brake Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201609 31.541 241.428 43.629
201612 38.768 241.432 53.624
201703 38.347 243.801 52.527
201706 44.063 244.955 60.072
201709 44.340 246.819 59.993
201712 48.187 246.524 65.276
201803 50.587 249.554 67.695
201806 55.894 251.989 74.074
201809 61.566 252.439 81.446
201812 57.583 251.233 76.542
201903 114.263 254.202 150.110
201906 100.415 256.143 130.918
201909 104.197 256.759 135.523
201912 106.590 256.974 138.520
202003 125.338 258.115 162.164
202006 134.217 257.797 173.866
202009 142.121 260.280 182.348
202012 137.850 260.474 176.737
202103 151.305 264.877 190.763
202106 136.945 271.696 168.324
202109 143.514 274.310 174.718
202112 155.236 278.802 185.943
202203 136.708 287.504 158.794
202206 137.431 296.311 154.889
202209 142.419 296.808 160.242
202212 146.217 296.797 164.521
202303 146.075 301.836 161.618
202306 138.050 305.109 151.100
202309 142.322 307.789 154.420
202312 144.500 306.746 157.316
202403 147.338 312.332 157.537
202406 160.678 314.175 170.793
202409 165.103 315.301 174.869
202412 179.700 315.605 190.146
202503 174.459 319.799 182.180
202506 175.249 322.561 181.438
202509 173.348 324.800 178.232
202512 178.158 324.054 183.600
202603 170.878 330.213 172.813
202606 169.904 333.952 169.904

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 5.11 mean?
Westinghouse Air Brake Technologies (BSP:W1AB34) has a Cyclically Adjusted PB Ratio of 5.11 as of Aug. 13, 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 Westinghouse Air Brake Technologies and its competitors. This is 46% above median its historical median of 3.51. Over the past decade, Westinghouse Air Brake Technologies' Cyclically Adjusted PB Ratio has ranged from 1.79 to 6.84. According to the industry distribution chart, Westinghouse Air Brake Technologies ranks #665 out of 728 companies in the Transportation industry, placing it in the top 91.3%.
Is Westinghouse Air Brake Technologies' Cyclically Adjusted PB Ratio too high?
Westinghouse Air Brake Technologies' current Cyclically Adjusted PB Ratio of 5.11 is 46% above median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 6.84. The Transportation industry median Cyclically Adjusted PB Ratio is 1.29. Westinghouse Air Brake Technologies' value of 5.11 is 296.1% above this industry median. Based on the distribution chart, Westinghouse Air Brake Technologies ranks #665 out of 728 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Westinghouse Air Brake Technologies has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Westinghouse Air Brake Technologies' Cyclically Adjusted PB Ratio compare to NSC and CSX?
According to the Transportation industry distribution chart, Westinghouse Air Brake Technologies ranks #665 out of 728 companies for Cyclically Adjusted PB Ratio. This places Westinghouse Air Brake Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Westinghouse Air Brake Technologies' value of 5.11 is 296.1% above this benchmark. Historically, Westinghouse Air Brake Technologies' own Cyclically Adjusted PB Ratio has ranged from 1.79 to 6.84 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 1.29, Westinghouse Air Brake Technologies 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.29, based on 728 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. Westinghouse Air Brake Technologies's current Cyclically Adjusted PB Ratio of 5.11 is 296.1% 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 Westinghouse Air Brake Technologies and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westinghouse Air Brake Technologies's current Cyclically Adjusted PB Ratio is 5.11, which is 46% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westinghouse Air Brake Technologies stock overvalued right now?
Based on GuruFocus' analysis, Westinghouse Air Brake Technologies (BSP:W1AB34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$585.06, compared to a current price of R$766.47 — trading 31% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.11, which is 46% above median its 10-year median of 3.51 and 296.1% above the Transportation industry median of 1.29. Westinghouse Air Brake Technologies' overall GF Score™ is 75/100 with 7 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 Westinghouse Air Brake Technologies (BSP:W1AB34), the current Cyclically Adjusted PB Ratio is 5.11 as of Aug. 13, 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 Westinghouse Air Brake Technologies (BSP:W1AB34) Overvalued in 2026?

Based on GuruFocus' analysis, Westinghouse Air Brake Technologies stock appears to be overvalued. The current stock price of R$766.47 is trading 31% above its estimated GF Value™ of R$585.06. GuruFocus considers Westinghouse Air Brake Technologies to be Significantly Overvalued.

Key valuation signals for BSP:W1AB34:

  • Cyclically Adjusted PB Ratio: 5.11 (46% above median its 10-year median of 3.51)
  • GF Value™: R$585.06 vs. price of R$766.47 (31% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 296.1% above the Transportation median (#665 of 728)

No single metric tells the full story. See the BSP:W1AB34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Westinghouse Air Brake Technologies Business Description

Address 30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial markets. It provides its products and services through two main business segments: Freight and Transit. The company generates maximum revenue from the Freight segment, which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives, provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products, including electronics, positive train control equipment, signal design, and engineering services. Geographically, it generates a majority of its revenue from the United States.
75GF Score

Get the complete analysis for BSP:W1AB34

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

R$766.47
Price
R$585.06
GF Value