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ABB (FRA:ABJA) Cyclically Adjusted PB Ratio : (As of Jul. 17, 2025)


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What is ABB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ABB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ABB'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.

* Premium members only.

ABB Cyclically Adjusted PB Ratio Chart

ABB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 5.07 4.17 5.53 7.34

ABB Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 7.37 7.30 7.34 6.75 -

Competitive Comparison of ABB's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, ABB'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.


ABB's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


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ABB 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.

ABB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 is calculated as:

For example, ABB's adjusted Book Value per Share data for the three months ended in Jun. 2025 was:

Adj_Book=Book Value per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=6.661/107.7312*107.7312
=6.661

Current CPI (Jun. 2025) = 107.7312.

ABB Quarterly Data

Book Value per Share CPI Adj_Book
201509 5.929 99.785 6.401
201512 6.066 99.386 6.575
201603 6.157 99.475 6.668
201606 5.322 100.088 5.728
201609 5.606 99.604 6.063
201612 5.937 99.380 6.436
201703 6.282 100.040 6.765
201706 5.590 100.285 6.005
201709 5.599 100.254 6.017
201712 5.855 100.213 6.294
201803 5.103 100.836 5.452
201806 5.471 101.435 5.811
201809 5.670 101.246 6.033
201812 5.752 100.906 6.141
201903 6.017 101.571 6.382
201906 5.353 102.044 5.651
201909 5.631 101.396 5.983
201912 5.706 101.063 6.082
202003 4.908 101.048 5.233
202006 5.057 100.743 5.408
202009 6.796 100.585 7.279
202012 6.349 100.241 6.823
202103 5.682 100.800 6.073
202106 5.764 101.352 6.127
202109 5.950 101.533 6.313
202112 7.040 101.776 7.452
202203 6.235 103.205 6.508
202206 6.132 104.783 6.305
202209 6.368 104.835 6.544
202212 6.467 104.666 6.656
202303 6.133 106.245 6.219
202306 6.351 106.576 6.420
202309 6.692 106.570 6.765
202312 6.678 106.461 6.758
202403 6.332 107.355 6.354
202406 6.769 107.991 6.753
202409 6.884 107.468 6.901
202412 7.527 107.128 7.569
202503 6.822 107.722 6.823
202506 6.661 107.731 6.661

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.


ABB  (FRA:ABJA) 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.


ABB Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of ABB's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ABB Business Description

Industry
Address
Affolternstrasse 44, Zurich, CHE, 8050
ABB is a supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. Its products include electrical equipment, industrial robots, and equipment used for industrial automation that are sold via approximately 19 business divisions. ABB is the number one or two supplier in two thirds of its product segments.

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