BTSEF (Bet Shemesh Engines Holdings (1997)) Cyclically Adjusted PB Ratio: 12.86 (As of Aug. 13, 2026) — 113% Above 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.

BTSEF Bet Shemesh Engines Holdings (1997) Ltd BTSEF
77 GF Score
Price $199.00
GF Value $103.90
View Full Analysis

What is Bet Shemesh Engines Holdings (1997) Cyclically Adjusted PB Ratio?

Bet Shemesh Engines Holdings (1997) BTSEF 77 Cyclically Adjusted PB Ratio is 12.86 as of Aug. 13, 2026, which is 113% above its 10-year median of 6.03. GuruFocus rates BTSEF with a GF Score™ of 77/100 and a GF Value™ of $103.90. Among 209 Aerospace & Defense companies, Bet Shemesh Engines Holdings (1997) ranks worse than 88.52% on this metric.

As of today (2026-08-13), Bet Shemesh Engines Holdings (1997)'s current share price is $199.00. Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $15.48. Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio for today is 12.86.

The historical rank and industry rank for Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

BTSEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.03   Med: 6.03   Max: 17.39
Current: 13.55

During the past years, Bet Shemesh Engines Holdings (1997)'s highest Cyclically Adjusted PB Ratio was 17.39. The lowest was 2.03. And the median was 6.03.

BTSEF's Cyclically Adjusted PB Ratio is ranked worse than
88.52% of 209 companies
in the Aerospace & Defense industry
Industry Median: 3.49 vs BTSEF: 13.55

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.

Bet Shemesh Engines Holdings (1997)'s adjusted book value per share data for the three months ended in Mar. 2026 was $33.049. 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 $15.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bet Shemesh Engines Holdings (1997)  (OTCPK:BTSEF) 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.


Bet Shemesh Engines Holdings (1997) Cyclically Adjusted PB Ratio Related Terms


Bet Shemesh Engines Holdings (1997) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bet Shemesh Engines Holdings (1997)'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.

Bet Shemesh Engines Holdings (1997) Cyclically Adjusted PB Ratio Chart

Bet Shemesh Engines Holdings (1997) 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 0.00 2.05 2.72 6.33 14.44

Bet Shemesh Engines Holdings (1997) 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 9.97 11.45 13.46 14.44 12.85

BTSEF vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Bet Shemesh Engines Holdings (1997)'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.


Bet Shemesh Engines Holdings (1997) Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio falls into.


BTSEF
77GF Score
Bet Shemesh Engines Holdings (1997) Ltd BTSEF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bet Shemesh Engines Holdings (1997) 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.

Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=199.00/15.48
=12.86

* 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.

Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bet Shemesh Engines Holdings (1997)'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)
=33.049/330.2130*330.2130
=33.049

Current CPI (Mar. 2026) = 330.2130.

Bet Shemesh Engines Holdings (1997) Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.186 241.018 11.215
201609 8.514 241.428 11.645
201612 8.816 241.432 12.058
201703 9.097 243.801 12.321
201706 8.865 244.955 11.951
201709 9.176 246.819 12.276
201712 9.558 246.524 12.803
201803 12.153 249.554 16.081
201806 12.276 251.989 16.087
201809 12.539 252.439 16.402
201812 12.777 251.233 16.794
201903 13.200 254.202 17.147
201906 13.665 256.143 17.617
201909 13.967 256.759 17.963
201912 14.346 256.974 18.435
202003 14.897 258.115 19.058
202006 15.025 257.797 19.246
202009 14.905 260.280 18.910
202012 14.912 260.474 18.905
202103 14.778 264.877 18.423
202106 14.786 271.696 17.971
202109 14.765 274.310 17.774
202112 14.896 278.802 17.643
202203 15.051 287.504 17.287
202206 15.149 296.311 16.882
202209 15.319 296.808 17.043
202212 15.581 296.797 17.335
202303 15.755 301.836 17.236
202306 16.096 305.109 17.420
202309 16.821 307.789 18.046
202312 17.334 306.746 18.660
202403 18.086 312.332 19.121
202406 18.951 314.175 19.918
202409 20.161 315.301 21.115
202412 21.384 315.605 22.374
202503 22.423 319.799 23.153
202506 23.495 322.561 24.052
202509 24.504 324.800 24.912
202512 31.528 324.054 32.127
202603 33.049 330.213 33.049

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 12.86 mean?
Bet Shemesh Engines Holdings (1997) (BTSEF) has a Cyclically Adjusted PB Ratio of 12.86 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 Bet Shemesh Engines Holdings (1997) and its competitors. This is 113% above median its historical median of 6.03. Over the past decade, Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio has ranged from 2.03 to 17.39. According to the industry distribution chart, Bet Shemesh Engines Holdings (1997) ranks #185 out of 209 companies in the Aerospace & Defense industry, placing it in the top 88.5%.
Is Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio too high?
Bet Shemesh Engines Holdings (1997)'s current Cyclically Adjusted PB Ratio of 12.86 is 113% above median its 10-year median of 6.03. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 17.39. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.49. Bet Shemesh Engines Holdings (1997)'s value of 12.86 is 268.5% above this industry median. Based on the distribution chart, Bet Shemesh Engines Holdings (1997) ranks #185 out of 209 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Bet Shemesh Engines Holdings (1997) has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Bet Shemesh Engines Holdings (1997)'s Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Bet Shemesh Engines Holdings (1997) ranks #185 out of 209 companies for Cyclically Adjusted PB Ratio. This places Bet Shemesh Engines Holdings (1997) in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.49. Bet Shemesh Engines Holdings (1997)'s value of 12.86 is 268.5% above this benchmark. Historically, Bet Shemesh Engines Holdings (1997)'s own Cyclically Adjusted PB Ratio has ranged from 2.03 to 17.39 over the past decade. While the company's 10-year median is 6.03 vs. the industry median of 3.49, Bet Shemesh Engines Holdings (1997) 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 Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.49, based on 209 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. Bet Shemesh Engines Holdings (1997)'s current Cyclically Adjusted PB Ratio of 12.86 is 268.5% 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 Bet Shemesh Engines Holdings (1997) and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bet Shemesh Engines Holdings (1997)'s current Cyclically Adjusted PB Ratio is 12.86, which is 113% above median its own 10-year median of 6.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bet Shemesh Engines Holdings (1997) stock overvalued right now?
Bet Shemesh Engines Holdings (1997) (BTSEF) has a current Cyclically Adjusted PB Ratio of 12.86. The stock's GF Value™ is $103.90, compared to a current price of $199.00 — trading 91.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.86, which is 113% above median its 10-year median of 6.03 and 268.5% above the Aerospace & Defense industry median of 3.49. Bet Shemesh Engines Holdings (1997)'s overall GF Score™ is 77/100. 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 Bet Shemesh Engines Holdings (1997) (BTSEF), the current Cyclically Adjusted PB Ratio is 12.86 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 Bet Shemesh Engines Holdings (1997) (BTSEF) Overvalued in 2026?

Based on GuruFocus' analysis, Bet Shemesh Engines Holdings (1997) stock appears to be overvalued. The current stock price of $199.00 is trading 91.5% above its estimated GF Value™ of $103.90.

Key valuation signals for BTSEF:

  • Cyclically Adjusted PB Ratio: 12.86 (113% above median its 10-year median of 6.03)
  • GF Value™: $103.90 vs. price of $199.00 (91.5% above fair value)
  • GF Score™: 77/100
  • Industry Position: 268.5% above the Aerospace & Defense median (#185 of 209)

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


Bet Shemesh Engines Holdings (1997) Business Description

Other Exchanges BSEN:Israel
Address D.N HaElah, Bet Shemesh, ISR, 99000
Bet Shemesh Engines Holdings (1997) Ltd manufactures and deals in jet engine parts, engines overhaul and customer support. The company's manufacturing division produces jet engine complex parts, Casting Division produces air foils and structural parts for the most advanced engines. The Maintenance, Repair & Overhaul (MRO) Division provides support services to well reputed civil and government aircraft operators. R&D and Engineering Division designs gas turbine engines, modules and other parts.
77GF Score

Get the complete analysis for BTSEF

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

$199.00
Price
$103.90
GF Value