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BorgWarner (STU:BGW) Cyclically Adjusted PB Ratio : 1.18 (As of Jun. 01, 2025)


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What is BorgWarner Cyclically Adjusted PB Ratio?

As of today (2025-06-01), BorgWarner's current share price is €29.46. BorgWarner's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €24.91. BorgWarner's Cyclically Adjusted PB Ratio for today is 1.18.

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

STU:BGW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.06   Max: 4.57
Current: 1.23

During the past years, BorgWarner's highest Cyclically Adjusted PB Ratio was 4.57. The lowest was 0.96. And the median was 2.06.

STU:BGW's Cyclically Adjusted PB Ratio is ranked better than
50.45% of 991 companies
in the Vehicles & Parts industry
Industry Median: 1.24 vs STU:BGW: 1.23

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.

BorgWarner's adjusted book value per share data for the three months ended in Mar. 2025 was €24.084. 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 €24.91 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


BorgWarner Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BorgWarner'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.

BorgWarner Cyclically Adjusted PB Ratio Chart

BorgWarner 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 1.89 1.91 1.51 1.42 1.20

BorgWarner Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.35 1.24 1.38 1.20 1.07

Competitive Comparison of BorgWarner's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, BorgWarner'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.


BorgWarner's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BorgWarner's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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BorgWarner 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.46/24.91
=1.18

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=24.084/134.9266*134.9266
=24.084

Current CPI (Mar. 2025) = 134.9266.

BorgWarner Quarterly Data

Book Value per Share CPI Adj_Book
201506 14.515 100.684 19.452
201509 14.775 100.392 19.858
201512 14.874 99.792 20.111
201603 15.240 100.470 20.467
201606 15.293 101.688 20.292
201609 15.520 101.861 20.558
201612 14.373 101.863 19.038
201703 14.995 102.862 19.669
201706 15.231 103.349 19.885
201709 15.224 104.136 19.725
201712 14.898 104.011 19.326
201803 15.095 105.290 19.344
201806 16.231 106.317 20.599
201809 16.732 106.507 21.197
201812 17.840 105.998 22.709
201903 18.249 107.251 22.958
201906 18.830 108.070 23.510
201909 19.599 108.329 24.411
201912 20.520 108.420 25.537
202003 20.683 108.902 25.626
202006 19.756 108.767 24.507
202009 16.522 109.815 20.300
202012 22.114 109.897 27.151
202103 22.376 111.754 27.016
202106 23.015 114.631 27.090
202109 23.560 115.734 27.467
202112 25.645 117.630 29.416
202203 26.720 121.301 29.721
202206 27.517 125.017 29.698
202209 29.223 125.227 31.487
202212 29.128 125.222 31.385
202303 29.653 127.348 31.418
202306 29.650 128.729 31.078
202309 22.993 129.860 23.890
202312 23.258 129.419 24.248
202403 23.586 131.776 24.150
202406 24.851 132.554 25.296
202409 25.361 133.029 25.723
202412 24.160 133.157 24.481
202503 24.084 134.927 24.084

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.


BorgWarner  (STU:BGW) 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.


BorgWarner Cyclically Adjusted PB Ratio Related Terms

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


BorgWarner Business Description

Traded in Other Exchanges
Address
3850 Hamlin Road, Auburn Hills, MI, USA, 48326
BorgWarner is a tier one supplier of turbo and thermal management technologies, drivetrain systems, powerdrive systems, and battery and charging systems mostly to automotive original equipment manufacturers. Its products aim to move a vehicle with as few electrons as possible, resulting in cleaner, cost-optimized, and more-efficient vehicles. Foundational products, the combustion vehicle business, contributes more than 80% to group revenue while BorgWarner transitions to becoming an electric vehicle-centric parts supplier (e-business). In 2023, 25% of the company's revenue was sourced from Volkswagen and Ford. Revenue is well diversified geographically, with approximately a third each generated in North America, Europe, and Asia.

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