Whirlpool (BSP:WHRL3) Cyclically Adjusted PB Ratio: 1.90 (As of Jul. 18, 2026) — 22% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:WHRL3 Whirlpool SA BSP:WHRL3
72 GF Score
Price R$3.87
GF Value R$4.35
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Whirlpool Cyclically Adjusted PB Ratio?

Whirlpool BSP:WHRL3 -1.02% 72 Cyclically Adjusted PB Ratio is 1.90 as of Jul. 18, 2026, which is 22% below its 10-year median of 2.44. GuruFocus rates BSP:WHRL3 with a GF Score™ of 72/100 and a GF Value™ of R$4.35 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 340 Furnishings, Fixtures & Appliances companies, Whirlpool ranks worse than 63.53% on this metric.

As of today (2026-07-18), Whirlpool's current share price is R$3.87. Whirlpool's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$2.04. Whirlpool's Cyclically Adjusted PB Ratio for today is 1.90.

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

BSP:WHRL3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.82   Med: 2.44   Max: 5.28
Current: 1.89

During the past years, Whirlpool's highest Cyclically Adjusted PB Ratio was 5.28. The lowest was 1.82. And the median was 2.44.

BSP:WHRL3's Cyclically Adjusted PB Ratio is ranked worse than
63.53% of 340 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.21 vs BSP:WHRL3: 1.89

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.

Whirlpool's adjusted book value per share data for the three months ended in Mar. 2026 was R$1.276. 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$2.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Whirlpool  (BSP:WHRL3) 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.


Whirlpool Cyclically Adjusted PB Ratio Related Terms


Whirlpool Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Whirlpool'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.

Whirlpool Cyclically Adjusted PB Ratio Chart

Whirlpool 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 3.24 2.28 2.14 1.86 2.15

Whirlpool Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.86 2.18 2.21 2.15 1.98

BSP:WHRL3 vs SN, SGI, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Whirlpool'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.


Whirlpool Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Whirlpool's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:WHRL3
72GF Score
Whirlpool SA BSP:WHRL3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Whirlpool 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.87/2.04
=1.90

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.276/175.0655*175.0655
=1.276

Current CPI (Mar. 2026) = 175.0655.

Whirlpool Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.528 108.851 2.457
201609 1.586 109.986 2.524
201612 1.604 110.802 2.534
201703 1.668 111.869 2.610
201706 1.746 112.115 2.726
201709 1.535 112.777 2.383
201712 1.490 114.068 2.287
201803 1.544 114.868 2.353
201806 1.543 117.038 2.308
201809 1.566 117.881 2.326
201812 1.457 118.340 2.155
201903 1.697 120.124 2.473
201906 1.697 120.977 2.456
201909 1.894 121.292 2.734
201912 2.009 123.436 2.849
202003 2.184 124.092 3.081
202006 1.225 123.557 1.736
202009 1.409 125.095 1.972
202012 1.282 129.012 1.740
202103 1.463 131.660 1.945
202106 1.330 133.871 1.739
202109 1.672 137.913 2.122
202112 1.402 141.992 1.729
202203 1.342 146.537 1.603
202206 1.526 149.784 1.784
202209 1.626 147.800 1.926
202212 1.448 150.207 1.688
202303 1.525 153.352 1.741
202306 1.588 154.519 1.799
202309 1.704 155.464 1.919
202312 1.299 157.148 1.447
202403 1.490 159.372 1.637
202406 1.665 161.052 1.810
202409 1.663 162.342 1.793
202412 1.791 164.740 1.903
202503 1.823 168.102 1.899
202506 1.482 169.670 1.529
202509 1.426 170.739 1.462
202512 1.217 171.765 1.240
202603 1.276 175.066 1.276

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 1.90 mean?
Whirlpool (BSP:WHRL3) has a Cyclically Adjusted PB Ratio of 1.90 as of Jul. 18, 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 Whirlpool and its competitors. This is 22% below median its historical median of 2.44. Over the past decade, Whirlpool's Cyclically Adjusted PB Ratio has ranged from 1.82 to 5.28. According to the industry distribution chart, Whirlpool ranks #216 out of 340 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 63.5%.
Is Whirlpool's Cyclically Adjusted PB Ratio too high?
Whirlpool's current Cyclically Adjusted PB Ratio of 1.90 is 22% below median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 5.28. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.21. Whirlpool's value of 1.90 is 57% above this industry median. Based on the distribution chart, Whirlpool ranks #216 out of 340 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Whirlpool has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Whirlpool's Cyclically Adjusted PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Whirlpool ranks #216 out of 340 companies for Cyclically Adjusted PB Ratio. This places Whirlpool in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Whirlpool's value of 1.90 is 57% above this benchmark. Historically, Whirlpool's own Cyclically Adjusted PB Ratio has ranged from 1.82 to 5.28 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 1.21, Whirlpool 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.21, based on 340 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. Whirlpool's current Cyclically Adjusted PB Ratio of 1.90 is 57% 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 Whirlpool and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whirlpool's current Cyclically Adjusted PB Ratio is 1.90, which is 22% below median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whirlpool stock overvalued right now?
Based on GuruFocus' analysis, Whirlpool (BSP:WHRL3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$4.35, compared to a current price of R$3.87 — trading 11% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.90, which is 22% below median its 10-year median of 2.44 and 57% above the Furnishings, Fixtures & Appliances industry median of 1.21. Whirlpool's overall GF Score™ is 72/100 with 10 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 Whirlpool (BSP:WHRL3), the current Cyclically Adjusted PB Ratio is 1.90 as of Jul. 18, 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 Whirlpool (BSP:WHRL3) Overvalued in 2026?

Based on GuruFocus' analysis, Whirlpool stock appears to be undervalued. The current stock price of R$3.87 is trading 11% below its estimated GF Value™ of R$4.35. GuruFocus considers Whirlpool to be Modestly Undervalued.

Key valuation signals for BSP:WHRL3:

  • Cyclically Adjusted PB Ratio: 1.90 (22% below median its 10-year median of 2.44)
  • GF Value™: R$4.35 vs. price of R$3.87 (11% below fair value)
  • GF Score™: 72/100 with 10 warning signs
  • Industry Position: 57% above the Furnishings, Fixtures & Appliances median (#216 of 340)

No single metric tells the full story. See the BSP:WHRL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Whirlpool Business Description

Other Exchanges WHRL4:Brazil
Address Av Das Nacoes Unidas 12995 -, Sao Paulo, SP, BRA, 4578000
Whirlpool SA is a manufacturer of home appliances in Brazil. The corporate purpose is Industrialization, commercialization, import, export, commission, consignment and representation of Metallurgical, chemical, household cleaning, electrical and electronic products, other goods consumer products, food products. The company provides electronic products, machinery, and appliances for personal and commercial use, such as refrigerators, air conditioners, washing machines, food mixers, cooking equipment, microwaves, vacuum cleaners, and water purifiers. It is a subsidiary of Whirlpool Corporation.
72GF Score

Get the complete analysis for BSP:WHRL3

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

R$3.87
Price
R$4.35
GF Value