SWBI (Smith & Wesson Brands) Cyclically Adjusted PB Ratio: (As of Sep. 04, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

SWBI Smith & Wesson Brands Inc SWBI
60 GF Score
Price $12.88
GF Value $13.93
Valuation Fairly Valued
! 4 Warning Signs
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What is Smith & Wesson Brands Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Smith & Wesson Brands  (NAS:SWBI) 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.


Smith & Wesson Brands Cyclically Adjusted PB Ratio Related Terms


Smith & Wesson Brands Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Smith & Wesson Brands'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.

Smith & Wesson Brands Cyclically Adjusted PB Ratio Chart

Smith & Wesson Brands Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 1.67 2.14 1.12 1.71

Smith & Wesson Brands Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 0.92 1.09 1.23 1.71 0.00

SWBI vs RGR, ELMT, SPCE: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Smith & Wesson Brands'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.


Smith & Wesson Brands Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

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

* The bar in red indicates where Smith & Wesson Brands's Cyclically Adjusted PB Ratio falls into.


SWBI
60GF Score
Smith & Wesson Brands Inc SWBI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Smith & Wesson Brands 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.

Smith & Wesson Brands's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Smith & Wesson Brands's adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=8.218/333.9180*333.9180
=8.218

Current CPI (Jul. 2026) = 333.9180.

Smith & Wesson Brands Quarterly Data

Book Value per Share CPI Adj_Book
201610 6.690 241.729 9.241
201701 7.316 242.839 10.060
201704 7.301 244.524 9.970
201707 7.234 244.786 9.868
201710 7.344 246.663 9.942
201801 7.592 247.867 10.228
201804 7.779 250.546 10.368
201807 7.846 252.006 10.396
201810 7.999 252.885 10.562
201901 7.919 251.712 10.505
201904 8.126 255.548 10.618
201907 8.082 256.571 10.518
201910 8.110 257.346 10.523
202001 8.181 257.971 10.589
202004 6.993 256.389 9.108
202007 7.847 259.101 10.113
202010 4.055 260.388 5.200
202101 4.464 261.582 5.698
202104 5.334 267.054 6.670
202107 6.245 273.003 7.638
202110 7.212 276.589 8.707
202201 7.170 281.148 8.516
202204 7.906 289.109 9.131
202207 7.853 296.276 8.851
202210 7.989 298.012 8.952
202301 8.157 299.170 9.104
202304 8.363 303.363 9.205
202307 8.294 305.691 9.060
202310 8.184 307.671 8.882
202401 8.261 308.417 8.944
202404 8.777 313.548 9.347
202407 8.428 314.540 8.947
202410 8.346 315.664 8.829
202501 8.274 317.671 8.697
202504 8.444 320.795 8.789
202507 8.223 323.048 8.500
202510 8.163 0.000
202601 8.168 325.252 8.386
202604 8.442 333.020 8.465
202607 8.218 333.918 8.218

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.

Is Smith & Wesson Brands (SWBI) Overvalued in 2026?

Based on GuruFocus' analysis, Smith & Wesson Brands stock appears to be undervalued. The current stock price of $12.88 is trading 7.5% below its estimated GF Value™ of $13.93. GuruFocus considers Smith & Wesson Brands to be Fairly Valued.

Key valuation signals for SWBI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $13.93 vs. price of $12.88 (7.5% below fair value)
  • GF Score™: 60/100 with 4 warning signs

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


Smith & Wesson Brands Business Description

Other Exchanges 0HEM:UKSWS:Germany
Address 1852 Proffitt Springs Road, Maryville, TN, USA, 37801
Smith & Wesson Brands Inc is a U.S.-based company engaged in manufacturing and selling firearms. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The company sells its products under the Smith and Wesson and Gemtech brands, which are used for defense, law enforcement, hunting, and sporting purposes. Geographically, it sells products globally, with maximum income being generated by the U.S. market from its handgun products.
60GF Score

Get the complete analysis for SWBI

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

$12.88
Price
$13.93
GF Value