Textron (MEX:TXT) Cyclically Adjusted PB Ratio: 2.65 (As of Jul. 16, 2026) — Near Median

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.

MEX:TXT Textron Inc MEX:TXT
87 GF Score
Price MXN1,563.09
GF Value MXN1,759.64
! 2 Warning Signs
View Full Analysis

What is Textron Cyclically Adjusted PB Ratio?

Textron MEX:TXT 87 Cyclically Adjusted PB Ratio is 2.65 as of Jul. 16, 2026, which is 8% below its 10-year median of 2.87. GuruFocus rates MEX:TXT with a GF Score™ of 87/100 and a GF Value™ of MXN1,759.64. The stock has 2 warning signs investors should review. Among 214 Aerospace & Defense companies, Textron ranks better than 64.49% on this metric.

As of today (2026-07-16), Textron's current share price is MXN1563.09. Textron's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN590.05. Textron's Cyclically Adjusted PB Ratio for today is 2.65.

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

MEX:TXT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.87   Max: 4.51
Current: 2.58

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.

MEX:TXT's Cyclically Adjusted PB Ratio is ranked better than
64.49% of 214 companies
in the Aerospace & Defense industry
Industry Median: 3.755 vs MEX:TXT: 2.58

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 Mar. 2026 was MXN829.969. 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 MXN590.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Textron  (MEX:TXT) 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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.30 2.50 2.57 2.62 2.54

MEX:TXT 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.


MEX:TXT
87GF Score
Textron Inc MEX:TXT
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
=1563.09/590.05
=2.65

* 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 Mar. 2026 is calculated as:

For example, Textron's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=829.969/330.2130*330.2130
=829.969

Current CPI (Mar. 2026) = 330.2130.

Textron Quarterly Data

Book Value per Share CPI Adj_Book
201606 356.077 241.018 487.853
201609 404.484 241.428 553.233
201612 425.175 241.432 581.523
201703 392.592 243.801 531.741
201706 387.995 244.955 523.039
201709 400.839 246.819 536.273
201712 424.108 246.524 568.083
201803 403.354 249.554 533.723
201806 423.288 251.989 554.688
201809 426.864 252.439 558.377
201812 432.703 251.233 568.732
201903 436.228 254.202 566.668
201906 445.534 256.143 574.371
201909 471.590 256.759 606.503
201912 456.445 256.974 586.534
202003 570.683 258.115 730.089
202006 559.654 257.797 716.863
202009 554.327 260.280 703.266
202012 513.555 260.474 651.054
202103 542.565 264.877 676.397
202106 541.201 271.696 657.763
202109 561.608 274.310 676.061
202112 644.550 278.802 763.405
202203 638.349 287.504 733.176
202206 645.922 296.311 719.824
202209 650.593 296.808 723.816
202212 672.527 296.797 748.246
202303 625.404 301.836 684.201
202306 608.335 305.109 658.388
202309 627.446 307.789 673.159
202312 614.828 306.746 661.864
202403 601.926 312.332 636.386
202406 669.493 314.175 703.669
202409 737.809 315.301 772.703
202412 821.170 315.605 859.178
202503 824.206 319.799 851.046
202506 785.589 322.561 804.225
202509 780.367 324.800 793.372
202512 813.464 324.054 828.925
202603 829.969 330.213 829.969

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 2.65 mean?
Textron (MEX:TXT) has a Cyclically Adjusted PB Ratio of 2.65 as of Jul. 16, 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 near 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 #76 out of 214 companies in the Aerospace & Defense industry, placing it in the top 35.5%.
Is Textron's Cyclically Adjusted PB Ratio too high?
Textron's current Cyclically Adjusted PB Ratio of 2.65 is near 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 3.76. Textron's value of 2.65 is 29.4% below this industry median. Based on the distribution chart, Textron ranks #76 out of 214 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Textron has a GF Score™ of 87/100, 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 #76 out of 214 companies for Cyclically Adjusted PB Ratio. This puts Textron in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.76. Textron's value of 2.65 is 29.4% 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 3.76, 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 3.76, 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. Textron's current Cyclically Adjusted PB Ratio of 2.65 is 29.4% 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 3.76 — 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 2.65, which is near 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?
Textron (MEX:TXT) has a current Cyclically Adjusted PB Ratio of 2.65. The stock's GF Value™ is MXN1,759.64, compared to a current price of MXN1,563.09 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.65, which is near median its 10-year median of 2.87 and 29.4% below the Aerospace & Defense industry median of 3.76. Textron's overall GF Score™ is 87/100 with 2 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 (MEX:TXT), the current Cyclically Adjusted PB Ratio is 2.65 as of Jul. 16, 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 (MEX:TXT) Overvalued in 2026?

Based on GuruFocus' analysis, Textron stock appears to be undervalued. The current stock price of MXN1,563.09 is trading 11.2% below its estimated GF Value™ of MXN1,759.64.

Key valuation signals for MEX:TXT:

  • Cyclically Adjusted PB Ratio: 2.65 (near median its 10-year median of 2.87)
  • GF Value™: MXN1,759.64 vs. price of MXN1,563.09 (11.2% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 29.4% below the Aerospace & Defense median (#76 of 214)

No single metric tells the full story. See the MEX:TXT 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.
87GF Score

Get the complete analysis for MEX:TXT

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

MXN1,563.09
Price
MXN1,759.64
GF Value