PACCAR (BUE:PCAR) Cyclically Adjusted PB Ratio: 4.82 (As of Aug. 03, 2026) — 28% Above Median

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BUE:PCAR PACCAR Inc BUE:PCAR
69 GF Score
Price ARS69,775.00
GF Value ARS45,194.78
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is PACCAR Cyclically Adjusted PB Ratio?

PACCAR BUE:PCAR +0.36% 69 Cyclically Adjusted PB Ratio is 4.82 as of Aug. 03, 2026, which is 28% above its 10-year median of 3.78. GuruFocus rates BUE:PCAR with a GF Score™ of 69/100 and a GF Value™ of ARS45,194.78 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, PACCAR ranks worse than 89.76% on this metric.

As of today (2026-08-03), PACCAR's current share price is ARS69775.00. PACCAR's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ARS14,465.28. PACCAR's Cyclically Adjusted PB Ratio for today is 4.82.

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

BUE:PCAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.47   Med: 3.78   Max: 5.82
Current: 4.77

During the past years, PACCAR's highest Cyclically Adjusted PB Ratio was 5.82. The lowest was 2.47. And the median was 3.78.

BUE:PCAR's Cyclically Adjusted PB Ratio is ranked worse than
89.76% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.535 vs BUE:PCAR: 4.77

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.

PACCAR's adjusted book value per share data for the three months ended in Jun. 2026 was ARS171,555.749. 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 ARS14,465.28 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PACCAR  (BUE:PCAR) 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.


PACCAR Cyclically Adjusted PB Ratio Related Terms


PACCAR Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PACCAR'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.

PACCAR Cyclically Adjusted PB Ratio Chart

PACCAR 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 3.44 3.43 4.59 4.42 4.22

PACCAR 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 3.82 3.85 4.22 4.28 4.32

BUE:PCAR vs CNH, OSK, AGCO: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BUE:PCAR
69GF Score
PACCAR Inc BUE:PCAR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PACCAR 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=69775.00/14465.28
=4.82

* 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.

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

For example, PACCAR'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)
=171555.749/333.9520*333.9520
=171,555.749

Current CPI (Jun. 2026) = 333.9520.

PACCAR Quarterly Data

Book Value per Share CPI Adj_Book
201609 593.794 241.428 821.357
201612 612.728 241.432 847.534
201703 621.358 243.801 851.119
201706 704.061 244.955 959.860
201709 791.235 246.819 1,070.560
201712 873.930 246.524 1,183.863
201803 981.367 249.554 1,313.261
201806 1,248.693 251.989 1,654.848
201809 1,929.580 252.439 2,552.645
201812 1,869.563 251.233 2,485.121
201903 2,054.453 254.202 2,698.990
201906 2,485.566 256.143 3,240.611
201909 3,223.454 256.759 4,192.565
201912 3,350.670 256.974 4,354.382
202003 3,460.727 258.115 4,477.526
202006 3,871.138 257.797 5,014.699
202009 4,366.675 260.280 5,602.658
202012 4,879.043 260.474 6,255.389
202103 5,561.671 264.877 7,012.051
202106 6,103.125 271.696 7,501.586
202109 6,382.202 274.310 7,769.856
202112 6,742.747 278.802 8,076.534
202203 7,500.294 287.504 8,712.012
202206 8,664.812 296.311 9,765.521
202209 10,302.788 296.808 11,592.129
202212 12,686.576 296.797 14,274.765
202303 15,743.937 301.836 17,419.126
202306 20,768.836 305.109 22,732.185
202309 32,160.525 307.789 34,894.267
202312 32,862.169 306.746 35,776.789
202403 81,371.688 312.332 87,004.335
202406 90,709.040 314.175 96,419.083
202409 101,513.285 315.301 107,518.100
202412 101,155.430 315.605 107,035.878
202503 109,792.295 319.799 114,651.254
202506 128,480.826 322.561 133,018.030
202509 150,241.612 324.800 154,475.021
202512 159,658.567 324.054 164,535.225
202603 157,465.066 330.213 159,248.042
202606 171,555.749 333.952 171,555.749

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 4.82 mean?
PACCAR (BUE:PCAR) has a Cyclically Adjusted PB Ratio of 4.82 as of Aug. 03, 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 PACCAR and its competitors. This is 28% above median its historical median of 3.78. Over the past decade, PACCAR's Cyclically Adjusted PB Ratio has ranged from 2.47 to 5.82. According to the industry distribution chart, PACCAR ranks #149 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 89.8%.
Is PACCAR's Cyclically Adjusted PB Ratio too high?
PACCAR's current Cyclically Adjusted PB Ratio of 4.82 is 28% above median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 2.47 to a high of 5.82. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.54. PACCAR's value of 4.82 is 214% above this industry median. Based on the distribution chart, PACCAR ranks #149 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, PACCAR has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PACCAR's Cyclically Adjusted PB Ratio compare to CNH and OSK?
According to the Farm & Heavy Construction Machinery industry distribution chart, PACCAR ranks #149 out of 166 companies for Cyclically Adjusted PB Ratio. This places PACCAR in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. PACCAR's value of 4.82 is 214% above this benchmark. Historically, PACCAR's own Cyclically Adjusted PB Ratio has ranged from 2.47 to 5.82 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 1.54, PACCAR 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.54, based on 166 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. PACCAR's current Cyclically Adjusted PB Ratio of 4.82 is 214% 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 PACCAR and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PACCAR's current Cyclically Adjusted PB Ratio is 4.82, which is 28% above median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PACCAR stock overvalued right now?
Based on GuruFocus' analysis, PACCAR (BUE:PCAR) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS45,194.78, compared to a current price of ARS69,775.00 — trading 54.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.82, which is 28% above median its 10-year median of 3.78 and 214% above the Farm & Heavy Construction Machinery industry median of 1.54. PACCAR's overall GF Score™ is 69/100 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 PACCAR (BUE:PCAR), the current Cyclically Adjusted PB Ratio is 4.82 as of Aug. 03, 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 PACCAR (BUE:PCAR) Overvalued in 2026?

Based on GuruFocus' analysis, PACCAR stock appears to be overvalued. The current stock price of ARS69,775.00 is trading 54.4% above its estimated GF Value™ of ARS45,194.78. GuruFocus considers PACCAR to be Significantly Overvalued.

Key valuation signals for BUE:PCAR:

  • Cyclically Adjusted PB Ratio: 4.82 (28% above median its 10-year median of 3.78)
  • GF Value™: ARS45,194.78 vs. price of ARS69,775.00 (54.4% above fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 214% above the Farm & Heavy Construction Machinery median (#149 of 166)

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


PACCAR Business Description

Address 777 - 106th Avenue NE, Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium nameplates Kenworth and Peterbilt, which are primarily sold in the Americas and Australia, and DAF, which primarily services Europe and South America. The trucks segment (74% sales) goes to market through a network of 2,200 independent dealers. Paccar maintains an internal finance subsidiary that provides retail and wholesale financing for customers and dealers (6% sales). In recent years, Paccar has aggressively expanded its parts business (20% of sales), including engines, axles, and transmissions for its own truck brands as well as independent producers. The company commands 30% of the Class 8 market share in North America and 15% of the heavy-duty market share in Europe.
69GF Score

Get the complete analysis for BUE:PCAR

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

ARS69,775.00
Price
ARS45,194.78
GF Value