Westinghouse Air Brake Technologies (MEX:WAB) Cyclically Adjusted PB Ratio: 4.77 (As of Jul. 18, 2026) — 36% Above Median

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MEX:WAB Westinghouse Air Brake Technologies Corp MEX:WAB
83 GF Score
Price MXN4,574.25
GF Value MXN3,736.65
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Westinghouse Air Brake Technologies Cyclically Adjusted PB Ratio?

Westinghouse Air Brake Technologies MEX:WAB 83 Cyclically Adjusted PB Ratio is 4.77 as of Jul. 18, 2026, which is 36% above its 10-year median of 3.51. GuruFocus rates MEX:WAB with a GF Score™ of 83/100 and a GF Value™ of MXN3,736.65 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 738 Transportation companies, Westinghouse Air Brake Technologies ranks worse than 89.7% on this metric.

As of today (2026-07-18), Westinghouse Air Brake Technologies's current share price is MXN4574.25. Westinghouse Air Brake Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN958.48. Westinghouse Air Brake Technologies's Cyclically Adjusted PB Ratio for today is 4.77.

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

MEX:WAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 3.51   Max: 6.84
Current: 4.63

During the past years, Westinghouse Air Brake Technologies's highest Cyclically Adjusted PB Ratio was 6.84. The lowest was 1.79. And the median was 3.51.

MEX:WAB's Cyclically Adjusted PB Ratio is ranked worse than
89.7% of 738 companies
in the Transportation industry
Industry Median: 1.24 vs MEX:WAB: 4.63

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.

Westinghouse Air Brake Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was MXN1,178.441. 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 MXN958.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westinghouse Air Brake Technologies  (MEX:WAB) 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.


Westinghouse Air Brake Technologies Cyclically Adjusted PB Ratio Related Terms


Westinghouse Air Brake Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Westinghouse Air Brake 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.

Westinghouse Air Brake Technologies Cyclically Adjusted PB Ratio Chart

Westinghouse Air Brake Technologies 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 2.75 2.52 2.84 3.83 3.91

Westinghouse Air Brake Technologies 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 3.55 3.99 3.73 3.91 4.42

MEX:WAB vs NSC, CSX, TRN: Cyclically Adjusted PB Ratio Comparison

For the Railroads subindustry, Westinghouse Air Brake 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.


Westinghouse Air Brake Technologies Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Cyclically Adjusted PB Ratio falls into.


MEX:WAB
83GF Score
Westinghouse Air Brake Technologies Corp MEX:WAB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Westinghouse Air Brake 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4574.25/958.48
=4.77

* 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.

Westinghouse Air Brake Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Westinghouse Air Brake Technologies'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)
=1178.441/330.2130*330.2130
=1,178.441

Current CPI (Mar. 2026) = 330.2130.

Westinghouse Air Brake Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 353.485 241.018 484.301
201609 374.938 241.428 512.821
201612 476.611 241.432 651.874
201703 461.730 243.801 625.384
201706 483.398 244.955 651.647
201709 513.759 246.819 687.345
201712 574.430 246.524 769.435
201803 560.568 249.554 741.751
201806 582.493 251.989 763.314
201809 560.561 252.439 733.264
201812 582.293 251.233 765.348
201903 1,154.202 254.202 1,499.329
201906 1,000.521 256.143 1,289.846
201909 998.697 256.759 1,284.406
201912 979.554 256.974 1,258.732
202003 1,202.949 258.115 1,538.963
202006 1,194.205 257.797 1,529.661
202009 1,162.813 260.280 1,475.242
202012 1,065.996 260.474 1,351.405
202103 1,097.700 264.877 1,368.465
202106 1,084.235 271.696 1,317.754
202109 1,117.987 274.310 1,345.827
202112 1,126.283 278.802 1,333.969
202203 1,093.962 287.504 1,256.471
202206 1,095.485 296.311 1,220.823
202209 1,092.668 296.808 1,215.645
202212 1,086.913 296.797 1,209.287
202303 1,011.024 301.836 1,106.075
202306 975.221 305.109 1,055.461
202309 1,003.944 307.789 1,077.086
202312 1,001.175 306.746 1,077.768
202403 982.070 312.332 1,038.293
202406 1,093.051 314.175 1,148.849
202409 1,174.087 315.301 1,229.615
202412 1,228.575 315.605 1,285.440
202503 1,239.688 319.799 1,280.057
202506 1,190.019 322.561 1,218.249
202509 1,185.879 324.800 1,205.642
202512 1,175.964 324.054 1,198.314
202603 1,178.441 330.213 1,178.441

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 4.77 mean?
Westinghouse Air Brake Technologies (MEX:WAB) has a Cyclically Adjusted PB Ratio of 4.77 as of Jul. 18, 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 Westinghouse Air Brake Technologies and its competitors. This is 36% above median its historical median of 3.51. Over the past decade, Westinghouse Air Brake Technologies' Cyclically Adjusted PB Ratio has ranged from 1.79 to 6.84. According to the industry distribution chart, Westinghouse Air Brake Technologies ranks #662 out of 738 companies in the Transportation industry, placing it in the top 89.7%.
Is Westinghouse Air Brake Technologies' Cyclically Adjusted PB Ratio too high?
Westinghouse Air Brake Technologies' current Cyclically Adjusted PB Ratio of 4.77 is 36% above median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 6.84. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. Westinghouse Air Brake Technologies' value of 4.77 is 284.7% above this industry median. Based on the distribution chart, Westinghouse Air Brake Technologies ranks #662 out of 738 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Westinghouse Air Brake Technologies has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Westinghouse Air Brake Technologies' Cyclically Adjusted PB Ratio compare to NSC and CSX?
According to the Transportation industry distribution chart, Westinghouse Air Brake Technologies ranks #662 out of 738 companies for Cyclically Adjusted PB Ratio. This places Westinghouse Air Brake Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. Westinghouse Air Brake Technologies' value of 4.77 is 284.7% above this benchmark. Historically, Westinghouse Air Brake Technologies' own Cyclically Adjusted PB Ratio has ranged from 1.79 to 6.84 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 1.24, Westinghouse Air Brake 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 a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.24, based on 738 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. Westinghouse Air Brake Technologies's current Cyclically Adjusted PB Ratio of 4.77 is 284.7% 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 Westinghouse Air Brake Technologies and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westinghouse Air Brake Technologies's current Cyclically Adjusted PB Ratio is 4.77, which is 36% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westinghouse Air Brake Technologies stock overvalued right now?
Based on GuruFocus' analysis, Westinghouse Air Brake Technologies (MEX:WAB) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,736.65, compared to a current price of MXN4,574.25 — trading 22.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.77, which is 36% above median its 10-year median of 3.51 and 284.7% above the Transportation industry median of 1.24. Westinghouse Air Brake Technologies' overall GF Score™ is 83/100 with 7 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 Westinghouse Air Brake Technologies (MEX:WAB), the current Cyclically Adjusted PB Ratio is 4.77 as of Jul. 18, 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 Westinghouse Air Brake Technologies (MEX:WAB) Overvalued in 2026?

Based on GuruFocus' analysis, Westinghouse Air Brake Technologies stock appears to be overvalued. The current stock price of MXN4,574.25 is trading 22.4% above its estimated GF Value™ of MXN3,736.65. GuruFocus considers Westinghouse Air Brake Technologies to be Modestly Overvalued.

Key valuation signals for MEX:WAB:

  • Cyclically Adjusted PB Ratio: 4.77 (36% above median its 10-year median of 3.51)
  • GF Value™: MXN3,736.65 vs. price of MXN4,574.25 (22.4% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 284.7% above the Transportation median (#662 of 738)

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


Westinghouse Air Brake Technologies Business Description

Other Exchanges WAB:USA0A7Y:UKWB2:Germany
Address 30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial markets. It provides its products and services through two main business segments: Freight and Transit. The company generates maximum revenue from the Freight segment, which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives, provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products, including electronics, positive train control equipment, signal design, and engineering services. Geographically, it generates a majority of its revenue from the United States.
83GF Score

Get the complete analysis for MEX:WAB

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

MXN4,574.25
Price
MXN3,736.65
GF Value