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BWX TechnologiesBWXT +1.75%93 Cyclically Adjusted PB Ratio is 23.38 as of Jul. 14, 2026, which is 137% above its 10-year median of 9.85. GuruFocus rates BWXT with a GF Score™ of 93/100 and a GF Value™ of $142.31 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 214 Aerospace & Defense companies, BWX Technologies ranks worse than 97.2% on this metric.
The historical rank and industry rank for BWX Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:
BWXT'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.13 Med: 9.85 Max: 30.58
Current: 22.98
During the past years, BWX Technologies's highest Cyclically Adjusted PB Ratio was 30.58. The lowest was 6.13. And the median was 9.85.
BWXT's Cyclically Adjusted PB Ratio is ranked worse than 97.2% of 214
companies
in the Aerospace & Defense industry
Industry Median: 3.7
vs BWXT: 22.98
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.
BWX Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was $13.976. 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 $7.71 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
BWX Technologies (NYSE:BWXT) 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.
BWX Technologies Cyclically Adjusted PB Ratio Related Terms
BWX Technologies Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for BWX Technologies'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.
BWX Technologies Cyclically Adjusted PB Ratio Chart
BWXT vs ARXS, TXT, MOG.A: Cyclically Adjusted PB Ratio Comparison
For the Aerospace & Defense subindustry, BWX Technologies'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.
BWX Technologies Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, BWX Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where BWX Technologies's Cyclically Adjusted PB Ratio falls into.
BWX Technologies 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.
BWX Technologies's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 23.38 mean?
BWX Technologies (BWXT) has a Cyclically Adjusted PB Ratio of 23.38 as of Jul. 14, 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 BWX Technologies and its competitors. This is 137% above median its historical median of 9.85. Over the past decade, BWX Technologies' Cyclically Adjusted PB Ratio has ranged from 6.13 to 30.58. According to the industry distribution chart, BWX Technologies ranks #208 out of 214 companies in the Aerospace & Defense industry, placing it in the top 97.2%.
Is BWX Technologies' Cyclically Adjusted PB Ratio too high?
BWX Technologies' current Cyclically Adjusted PB Ratio of 23.38 is 137% above median its 10-year median of 9.85. Over the past 10 years, this metric has ranged from a low of 6.13 to a high of 30.58. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.70. BWX Technologies' value of 23.38 is 531.9% above this industry median. Based on the distribution chart, BWX Technologies ranks #208 out of 214 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, BWX Technologies has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BWX Technologies' Cyclically Adjusted PB Ratio compare to ARXS and TXT?
According to the Aerospace & Defense industry distribution chart, BWX Technologies ranks #208 out of 214 companies for Cyclically Adjusted PB Ratio. This places BWX Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.70. BWX Technologies' value of 23.38 is 531.9% above this benchmark. Historically, BWX Technologies' own Cyclically Adjusted PB Ratio has ranged from 6.13 to 30.58 over the past decade. While the company's 10-year median is 9.85 vs. the industry median of 3.70, BWX Technologies 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 3.70, based on 214 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. BWX Technologies's current Cyclically Adjusted PB Ratio of 23.38 is 531.9% 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 BWX Technologies and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BWX Technologies's current Cyclically Adjusted PB Ratio is 23.38, which is 137% above median its own 10-year median of 9.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWX Technologies stock overvalued right now?
Based on GuruFocus' analysis, BWX Technologies (BWXT) is currently considered Modestly Overvalued. The stock's GF Value™ is $142.31, compared to a current price of $180.25 — trading 26.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 23.38, which is 137% above median its 10-year median of 9.85 and 531.9% above the Aerospace & Defense industry median of 3.70. BWX Technologies' overall GF Score™ is 93/100 with 4 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 BWX Technologies (BWXT), the current Cyclically Adjusted PB Ratio is 23.38 as of Jul. 14, 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 BWX Technologies (BWXT) Overvalued in 2026?
Based on GuruFocus' analysis, BWX Technologies stock appears to be overvalued.
The current stock price of $180.25 is trading 26.7% above its estimated GF Value™ of $142.31.
GuruFocus considers BWX Technologies to be Modestly Overvalued.
Key valuation signals for BWXT:
Cyclically Adjusted PB Ratio: 23.38 (137% above median its 10-year median of 9.85)
GF Value™: $142.31 vs. price of $180.25 (26.7% above fair value)
Industry Position: 531.9% above the Aerospace & Defense median (#208 of 214)
No single metric tells the full story. See the BWXT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BWX Technologies Inc is a specialty manufacturer and service provider of nuclear components, operating in two segments: Government Operations and Commercial Operations. The Government Operations segment produces naval nuclear reactors and fuel for the U.S. Naval Nuclear Propulsion Program, while the Commercial Operations segment designs and manufactures commercial nuclear steam generators, heat exchangers, pressure vessels, reactor components, and other auxiliary equipment, including containers for the storage of spent nuclear fuel and other high-level nuclear waste. The majority of the company's revenue comes from Government Operations, with sales principally in the United States, Canada, and other regions.
93GF Score
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