Textron (LTS:0LF0) Cyclically Adjusted PB Ratio: 2.43 (As of Aug. 03, 2026) — 15% Below Median

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LTS:0LF0 Textron Inc LTS:0LF0
84 GF Score
Price $86.00
GF Value $101.20
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Textron Cyclically Adjusted PB Ratio?

Textron LTS:0LF0 +0.05% 84 Cyclically Adjusted PB Ratio is 2.43 as of Aug. 03, 2026, which is 15% below its 10-year median of 2.87. GuruFocus rates LTS:0LF0 with a GF Score™ of 84/100 and a GF Value™ of $101.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 211 Aerospace & Defense companies, Textron ranks better than 67.77% on this metric.

As of today (2026-08-03), Textron's current share price is $86.00. Textron's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $35.37. Textron's Cyclically Adjusted PB Ratio for today is 2.43.

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

LTS:0LF0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.87   Max: 4.51
Current: 2.41

During the past years, Textron's highest Cyclically Adjusted PB Ratio was 4.51. The lowest was 1.26. And the median was 2.87.

LTS:0LF0's Cyclically Adjusted PB Ratio is ranked better than
67.77% of 211 companies
in the Aerospace & Defense industry
Industry Median: 3.46 vs LTS:0LF0: 2.41

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.

Textron's adjusted book value per share data for the three months ended in Jun. 2026 was $46.843. 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 $35.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Textron  (LTS:0LF0) 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.


Textron Cyclically Adjusted PB Ratio Related Terms


Textron Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Textron'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.

Textron Cyclically Adjusted PB Ratio Chart

Textron 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 3.50 2.79 2.86 2.51 2.62

Textron 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 2.50 2.57 2.62 2.54 2.60

LTS:0LF0 vs BWXT, ARXS, MOG.A: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Textron'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.


Textron Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Textron's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0LF0
84GF Score
Textron Inc LTS:0LF0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Textron 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.

Textron's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=86.00/35.37
=2.43

* 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.

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

For example, Textron'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)
=46.843/333.9520*333.9520
=46.843

Current CPI (Jun. 2026) = 333.9520.

Textron Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.919 241.428 28.936
201612 20.623 241.432 28.526
201703 20.850 243.801 28.560
201706 21.465 244.955 29.264
201709 22.087 246.819 29.884
201712 21.595 246.524 29.254
201803 22.202 249.554 29.711
201806 21.542 251.989 28.549
201809 22.821 252.439 30.190
201812 22.037 251.233 29.293
201903 22.488 254.202 29.543
201906 23.194 256.143 30.240
201909 23.888 256.759 31.070
201912 24.202 256.974 31.452
202003 24.338 258.115 31.489
202006 24.246 257.797 31.408
202009 25.093 260.280 32.196
202012 25.817 260.474 33.100
202103 26.543 264.877 33.465
202106 27.188 271.696 33.418
202109 27.313 274.310 33.252
202112 31.420 278.802 37.635
202203 32.060 287.504 37.239
202206 32.107 296.311 36.186
202209 32.344 296.808 36.392
202212 34.496 296.797 38.814
202303 34.697 301.836 38.389
202306 35.484 305.109 38.838
202309 36.021 307.789 39.083
202312 36.221 306.746 39.434
202403 36.269 312.332 38.780
202406 36.544 314.175 38.844
202409 37.471 315.301 39.688
202412 39.374 315.605 41.663
202503 40.287 319.799 42.070
202506 41.722 322.561 43.195
202509 42.540 324.800 43.739
202512 45.178 324.054 46.558
202603 46.026 330.213 46.547
202606 46.843 333.952 46.843

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 2.43 mean?
Textron (LTS:0LF0) has a Cyclically Adjusted PB Ratio of 2.43 as of Aug. 03, 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 Textron and its competitors. This is 15% below median its historical median of 2.87. Over the past decade, Textron's Cyclically Adjusted PB Ratio has ranged from 1.26 to 4.51. According to the industry distribution chart, Textron ranks #68 out of 211 companies in the Aerospace & Defense industry, placing it in the top 32.2%.
Is Textron's Cyclically Adjusted PB Ratio too high?
Textron's current Cyclically Adjusted PB Ratio of 2.43 is 15% below median its 10-year median of 2.87. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 4.51. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.46. Textron's value of 2.43 is 29.8% below this industry median. Based on the distribution chart, Textron ranks #68 out of 211 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Textron has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Textron's Cyclically Adjusted PB Ratio compare to BWXT and ARXS?
According to the Aerospace & Defense industry distribution chart, Textron ranks #68 out of 211 companies for Cyclically Adjusted PB Ratio. This puts Textron in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.46. Textron's value of 2.43 is 29.8% below this benchmark. Historically, Textron's own Cyclically Adjusted PB Ratio has ranged from 1.26 to 4.51 over the past decade. While the company's 10-year median is 2.87 vs. the industry median of 3.46, Textron 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 Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.46, based on 211 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. Textron's current Cyclically Adjusted PB Ratio of 2.43 is 29.8% 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 Textron and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Textron's current Cyclically Adjusted PB Ratio is 2.43, which is 15% below median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Textron stock overvalued right now?
Based on GuruFocus' analysis, Textron (LTS:0LF0) is currently considered Modestly Undervalued. The stock's GF Value™ is $101.20, compared to a current price of $86.00 — trading 15% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.43, which is 15% below median its 10-year median of 2.87 and 29.8% below the Aerospace & Defense industry median of 3.46. Textron's overall GF Score™ is 84/100 with 3 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 Textron (LTS:0LF0), the current Cyclically Adjusted PB Ratio is 2.43 as of Aug. 03, 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 Textron (LTS:0LF0) Overvalued in 2026?

Based on GuruFocus' analysis, Textron stock appears to be undervalued. The current stock price of $86.00 is trading 15% below its estimated GF Value™ of $101.20. GuruFocus considers Textron to be Modestly Undervalued.

Key valuation signals for LTS:0LF0:

  • Cyclically Adjusted PB Ratio: 2.43 (15% below median its 10-year median of 2.87)
  • GF Value™: $101.20 vs. price of $86.00 (15% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 29.8% below the Aerospace & Defense median (#68 of 211)

No single metric tells the full story. See the LTS:0LF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Textron Business Description

Address 40 Westminster Street, Providence, RI, USA, 02903
Textron is a conglomerate that designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. Textron Aviation manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial houses the Kautex business, which manufactures plastic fuel tanks for conventional and hybrid motor vehicles, and other subsidiaries that produce specialized vehicles such as golf carts and all-terrain vehicles.
84GF Score

Get the complete analysis for LTS:0LF0

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

$86.00
Price
$101.20
GF Value