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Babcock & Wilcox Enterprises (FRA:UBW1) Cyclically Adjusted PB Ratio : 0.05 (As of May. 21, 2024)


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What is Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Babcock & Wilcox Enterprises's current share price is €1.07. Babcock & Wilcox Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.33. Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio for today is 0.05.

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

FRA:UBW1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.23
Current: 0.05

During the past years, Babcock & Wilcox Enterprises's highest Cyclically Adjusted PB Ratio was 0.23. The lowest was 0.04. And the median was 0.06.

FRA:UBW1's Cyclically Adjusted PB Ratio is ranked better than
99.27% of 2068 companies
in the Industrial Products industry
Industry Median: 1.845 vs FRA:UBW1: 0.05

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 Mar. 2024 was €-2.294. 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 €23.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio Chart

Babcock & Wilcox Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.06

Babcock & Wilcox Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 0.22 0.16 0.06 0.05

Competitive Comparison of Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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
=1.07/23.33
=0.05

* 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 Mar. 2024 is calculated as:

For example, Babcock & Wilcox Enterprises's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-2.294/131.7762*131.7762
=-2.294

Current CPI (Mar. 2024) = 131.7762.

Babcock & Wilcox Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 51.877 99.070 69.003
201503 57.807 99.621 76.466
201506 63.907 100.684 83.642
201509 64.325 100.392 84.434
201512 66.964 99.792 88.426
201603 68.490 100.470 89.831
201606 61.623 101.688 79.856
201609 65.336 101.861 84.524
201612 60.556 101.863 78.339
201703 59.957 102.862 76.811
201706 42.049 103.349 53.615
201709 27.204 104.136 34.425
201712 17.410 104.011 22.057
201803 5.587 105.290 6.992
201806 2.373 106.317 2.941
201809 -2.821 106.507 -3.490
201812 -14.900 105.998 -18.524
201903 -17.115 107.251 -21.029
201906 -18.417 108.070 -22.457
201909 -5.845 108.329 -7.110
201912 -5.829 108.420 -7.085
202003 -6.336 108.902 -7.667
202006 -6.197 108.767 -7.508
202009 -5.251 109.815 -6.301
202012 -5.013 109.897 -6.011
202103 -1.927 111.754 -2.272
202106 -0.163 114.631 -0.187
202109 -0.028 115.734 -0.032
202112 0.339 117.630 0.380
202203 0.198 121.301 0.215
202206 0.078 125.017 0.082
202209 -0.206 125.227 -0.217
202212 -0.028 125.222 -0.029
202303 -0.113 127.348 -0.117
202306 -0.142 128.729 -0.145
202309 -1.493 129.860 -1.515
202312 -2.061 129.419 -2.099
202403 -2.294 131.776 -2.294

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.


Babcock & Wilcox Enterprises  (FRA:UBW1) 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

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


Babcock & Wilcox Enterprises (FRA:UBW1) Business Description

Traded in Other Exchanges
Address
1200 East Market Street, Suite 650, Akron, OH, USA, 44305
Babcock & Wilcox Enterprises is a power generation equipment supplier and servicing company that operates in three segments: B&W Renewable, B&W Environmental, and B&W Thermal. B&W Thermal, which focuses on steam generation products and solutions for plants in the power generation, oil and gas, and industrial sectors, generates the majority of the company's revenue. B&W Renewable focuses on sustainable power and heat generation while B&W Environmental focuses on emissions control. The company's customer base spans the industrial, electrical utility, and municipal industries located predominantly in the United States, Canada, Denmark, and the United Kingdom. Business in the U.S. contributes the vast majority of its revenue.

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