BW (Babcock & Wilcox Enterprises) Cyclically Adjusted PB Ratio: 0.37 (As of Sep. 17, 2026) — 363% Above Median

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BW Babcock & Wilcox Enterprises Inc BW
54 GF Score
Price $6.79
GF Value $2.32
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio?

Babcock & Wilcox Enterprises BW -2.72% 54 Cyclically Adjusted PB Ratio is 0.37 as of Sep. 17, 2026, which is 363% above its 10-year median of 0.08. GuruFocus rates BW with a GF Score™ of 54/100 and a GF Value™ of $2.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,100 Industrial Products companies, Babcock & Wilcox Enterprises ranks better than 69.14% on this metric.

As of today (2026-09-17), Babcock & Wilcox Enterprises's current share price is $6.79. Babcock & Wilcox Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $18.26. Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio for today is 0.37.

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

BW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.08   Max: 2.43
Current: 1.18

During the past years, Babcock & Wilcox Enterprises's highest Cyclically Adjusted PB Ratio was 2.43. The lowest was 0.02. And the median was 0.08.

BW's Cyclically Adjusted PB Ratio is ranked better than
69.14% of 2100 companies
in the Industrial Products industry
Industry Median: 2.08 vs BW: 1.18

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.

Babcock & Wilcox Enterprises's adjusted book value per share data for the three months ended in Jun. 2026 was $0.385. 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 $18.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Babcock & Wilcox Enterprises  (NYSE:BW) 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.


Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio Related Terms


Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Babcock & Wilcox Enterprises'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.

Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio Chart

Babcock & Wilcox Enterprises 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 0.13 0.09 0.03 0.04 0.32

Babcock & Wilcox Enterprises 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 0.03 0.09 0.23 0.64 0.77

BW vs GHM, NNE, TNC: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Babcock & Wilcox Enterprises'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.


Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio falls into.


BW
54GF Score
Babcock & Wilcox Enterprises Inc BW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Babcock & Wilcox Enterprises 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.

Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.79/18.255
=0.37

* 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.

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

For example, Babcock & Wilcox Enterprises'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)
=0.385/333.9520*333.9520
=0.385

Current CPI (Jun. 2026) = 333.9520.

Babcock & Wilcox Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201609 149.076 241.428 206.207
201612 130.163 241.432 180.043
201703 130.702 243.801 179.032
201706 96.674 244.955 131.798
201709 66.922 246.819 90.547
201712 49.683 246.524 67.303
201803 18.152 249.554 24.291
201806 3.412 251.989 4.522
201809 -2.871 252.439 -3.798
201812 -16.428 251.233 -21.837
201903 -18.823 254.202 -24.728
201906 -20.312 256.143 -26.482
201909 -6.260 256.759 -8.142
201912 -6.360 256.974 -8.265
202003 -6.974 258.115 -9.023
202006 -6.869 257.797 -8.898
202009 -6.168 260.280 -7.914
202012 -6.078 260.474 -7.793
202103 -2.282 264.877 -2.877
202106 -0.184 271.696 -0.226
202109 0.236 274.310 0.287
202112 0.678 278.802 0.812
202203 0.508 287.504 0.590
202206 0.366 296.311 0.412
202209 -0.194 296.808 -0.218
202212 -0.024 296.797 -0.027
202303 -0.116 301.836 -0.128
202306 -0.147 305.109 -0.161
202309 -1.586 307.789 -1.721
202312 -2.241 306.746 -2.440
202403 -2.487 312.332 -2.659
202406 -2.157 314.175 -2.293
202409 -2.200 315.301 -2.330
202412 -2.977 315.605 -3.150
202503 -3.075 319.799 -3.211
202506 -3.113 322.561 -3.223
202509 -2.091 324.800 -2.150
202512 -1.009 324.054 -1.040
202603 -1.268 330.213 -1.282
202606 0.385 333.952 0.385

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 0.37 mean?
Babcock & Wilcox Enterprises (BW) has a Cyclically Adjusted PB Ratio of 0.37 as of Sep. 17, 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 Babcock & Wilcox Enterprises and its competitors. This is 363% above median its historical median of 0.08. Over the past decade, Babcock & Wilcox Enterprises' Cyclically Adjusted PB Ratio has ranged from 0.02 to 2.43. According to the industry distribution chart, Babcock & Wilcox Enterprises ranks #648 out of 2100 companies in the Industrial Products industry, placing it in the top 30.9%.
Is Babcock & Wilcox Enterprises' Cyclically Adjusted PB Ratio too high?
Babcock & Wilcox Enterprises' current Cyclically Adjusted PB Ratio of 0.37 is 363% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 2.43. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Babcock & Wilcox Enterprises' value of 0.37 is 82.2% below this industry median. Based on the distribution chart, Babcock & Wilcox Enterprises ranks #648 out of 2100 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Babcock & Wilcox Enterprises has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Babcock & Wilcox Enterprises' Cyclically Adjusted PB Ratio compare to GHM and NNE?
According to the Industrial Products industry distribution chart, Babcock & Wilcox Enterprises ranks #648 out of 2100 companies for Cyclically Adjusted PB Ratio. This puts Babcock & Wilcox Enterprises in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Babcock & Wilcox Enterprises' value of 0.37 is 82.2% below this benchmark. Historically, Babcock & Wilcox Enterprises' own Cyclically Adjusted PB Ratio has ranged from 0.02 to 2.43 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 2.08, Babcock & Wilcox Enterprises has consistently been below 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,100 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. Babcock & Wilcox Enterprises's current Cyclically Adjusted PB Ratio of 0.37 is 82.2% below 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 Babcock & Wilcox Enterprises and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Babcock & Wilcox Enterprises's current Cyclically Adjusted PB Ratio is 0.37, which is 363% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Babcock & Wilcox Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Babcock & Wilcox Enterprises (BW) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.32, compared to a current price of $6.79 — trading 192.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is 363% above median its 10-year median of 0.08 and 82.2% below the Industrial Products industry median of 2.08. Babcock & Wilcox Enterprises' overall GF Score™ is 54/100 with 5 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 Babcock & Wilcox Enterprises (BW), the current Cyclically Adjusted PB Ratio is 0.37 as of Sep. 17, 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 Babcock & Wilcox Enterprises (BW) Overvalued in 2026?

Based on GuruFocus' analysis, Babcock & Wilcox Enterprises stock appears to be overvalued. The current stock price of $6.79 is trading 192.7% above its estimated GF Value™ of $2.32. GuruFocus considers Babcock & Wilcox Enterprises to be Significantly Overvalued.

Key valuation signals for BW:

  • Cyclically Adjusted PB Ratio: 0.37 (363% above median its 10-year median of 0.08)
  • GF Value™: $2.32 vs. price of $6.79 (192.7% above fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 82.2% below the Industrial Products median (#648 of 2100)

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


Babcock & Wilcox Enterprises Business Description

Other Exchanges UBW1:Germany
Address 1200 East Market Street, Suite 650, Akron, OH, USA, 44305
Babcock & Wilcox Enterprises Inc is an energy technologies provider offering energy and emissions control solutions to a broad range of industrial, electrical utility, municipal, and other customers. It offers technologies that utilize coal, natural gas, hydrogen, waste, and biomass to produce energy, environmental solutions, and carbon capture systems. The company's product portfolio comprises steam generation systems, environmental solutions, combustion and fuel systems, and related equipment and services. Additionally, it offers specialized technologies (BrightLoop) in industrial energy production, including hydrogen and syngas. Geographically, the company generates maximum revenue from the United States, and the rest from Canada, the UK, Indonesia, the Philippines, and other markets.
54GF Score

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

$6.79
Price
$2.32
GF Value