BWA (BorgWarner) Cyclically Adjusted PB Ratio: (As of Aug. 07, 2026)

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.

BWA BorgWarner Inc BWA
75 GF Score
Price $68.42
GF Value $39.38
Valuation Significantly Overvalued
! 1 Warning Sign
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What is BorgWarner Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


BorgWarner  (NYSE:BWA) 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.


BorgWarner Cyclically Adjusted PB Ratio Related Terms


BorgWarner Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BorgWarner'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.

BorgWarner Cyclically Adjusted PB Ratio Chart

BorgWarner 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 1.91 1.51 1.42 1.20 1.63

BorgWarner 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 1.23 1.59 1.63 1.92 2.32

BWA vs MOD, APTV, AUR: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, BorgWarner'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.


BorgWarner Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BorgWarner's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BWA
75GF Score
BorgWarner Inc BWA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BorgWarner 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.

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

For example, BorgWarner'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)
=27.247/333.9520*333.9520
=27.247

Current CPI (Jun. 2026) = 333.9520.

BorgWarner Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.419 241.428 24.095
201612 15.162 241.432 20.972
201703 16.037 243.801 21.967
201706 17.113 244.955 23.330
201709 18.145 246.819 24.551
201712 17.631 246.524 23.884
201803 18.613 249.554 24.908
201806 18.961 251.989 25.128
201809 19.524 252.439 25.828
201812 20.296 251.233 26.979
201903 20.621 254.202 27.090
201906 21.277 256.143 27.740
201909 21.584 256.759 28.073
201912 22.800 256.974 29.630
202003 22.854 258.115 29.569
202006 22.248 257.797 28.820
202009 19.460 260.280 24.968
202012 26.903 260.474 34.492
202103 26.546 264.877 33.469
202106 27.728 271.696 34.082
202109 27.718 274.310 33.745
202112 28.977 278.802 34.709
202203 29.427 287.504 34.181
202206 29.088 296.311 32.783
202209 28.934 296.808 32.555
202212 30.856 296.797 34.719
202303 31.749 301.836 35.127
202306 32.123 305.109 35.160
202309 24.539 307.789 26.625
202312 25.363 306.746 27.613
202403 25.637 312.332 27.412
202406 26.751 314.175 28.435
202409 28.148 315.301 29.813
202412 25.298 315.605 26.769
202503 26.037 319.799 27.189
202506 27.371 322.561 28.338
202509 27.995 324.800 28.784
202512 26.283 324.054 27.086
202603 26.589 330.213 26.890
202606 27.247 333.952 27.247

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.

Is BorgWarner (BWA) Overvalued in 2026?

Based on GuruFocus' analysis, BorgWarner stock appears to be overvalued. The current stock price of $68.42 is trading 73.7% above its estimated GF Value™ of $39.38. GuruFocus considers BorgWarner to be Significantly Overvalued.

Key valuation signals for BWA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $39.38 vs. price of $68.42 (73.7% above fair value)
  • GF Score™: 75/100 with 1 warning sign

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


BorgWarner Business Description

Address 3850 Hamlin Road, Auburn Hills, MI, USA, 48326
BorgWarner is a tier one supplier of turbo and thermal management technologies, drivetrain systems, powerdrive systems, and battery and charging systems mostly to automotive original equipment manufacturers. Its products aim to move a vehicle with as few electrons as possible, resulting in cleaner, cost-optimized, and more-efficient vehicles. Foundational products, the combustion vehicle business, contributes more than 80% to group revenue while BorgWarner transitions to becoming an electric vehicle-centric parts supplier (e-business). In 2024, 23% of the company's revenue was sourced from Volkswagen and Ford. Revenue is well diversified geographically, with approximately a third each generated in North America, Europe, and Asia.
75GF Score

Get the complete analysis for BWA

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

$68.42
Price
$39.38
GF Value