Brookfield Business (TSX:BBUC) Cyclically Adjusted PB Ratio: 1.03 (As of Aug. 25, 2026) — 20% Above Median

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TSX:BBUC Brookfield Business Corp TSX:BBUC
54 GF Score
Price C$39.10
GF Value C$11.65
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Brookfield Business Cyclically Adjusted PB Ratio?

Brookfield Business TSX:BBUC -1.01% 54 Cyclically Adjusted PB Ratio is 1.03 as of Aug. 25, 2026, which is 20% above its 10-year median of 0.86. GuruFocus rates TSX:BBUC with a GF Score™ of 54/100 and a GF Value™ of C$11.65 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 433 Conglomerates companies, Brookfield Business ranks worse than 51.5% on this metric.

As of today (2026-08-25), Brookfield Business's current share price is C$39.10. Brookfield Business's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$38.05. Brookfield Business's Cyclically Adjusted PB Ratio for today is 1.03.

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

TSX:BBUC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.86   Max: 1.32
Current: 1.03

During the past years, Brookfield Business's highest Cyclically Adjusted PB Ratio was 1.32. The lowest was 0.59. And the median was 0.86.

TSX:BBUC's Cyclically Adjusted PB Ratio is ranked worse than
51.5% of 433 companies
in the Conglomerates industry
Industry Median: 1.01 vs TSX:BBUC: 1.03

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.

Brookfield Business's adjusted book value per share data for the three months ended in Jun. 2026 was C$37.100. 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 C$38.05 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Business  (TSX:BBUC) 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.


Brookfield Business Cyclically Adjusted PB Ratio Related Terms


Brookfield Business Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brookfield Business'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.

Brookfield Business Cyclically Adjusted PB Ratio Chart

Brookfield Business 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 0.00 0.00 0.69 0.85 1.28

Brookfield Business 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 0.89 1.17 1.28 1.16 1.11

TSX:BBUC vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Brookfield Business'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.


Brookfield Business Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Brookfield Business's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:BBUC
54GF Score
Brookfield Business Corp TSX:BBUC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brookfield Business 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.

Brookfield Business's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.10/38.05
=1.03

* 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.

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

For example, Brookfield Business'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)
=37.1/333.9520*333.9520
=37.100

Current CPI (Jun. 2026) = 333.9520.

Brookfield Business Quarterly Data

Book Value per Share CPI Adj_Book
201609 30.464 241.428 42.139
201612 31.029 241.432 42.920
201703 32.018 243.801 43.857
201706 31.644 244.955 43.141
201709 30.912 246.819 41.825
201712 30.579 246.524 41.424
201803 27.474 249.554 36.766
201806 29.290 251.989 38.817
201809 29.914 252.439 39.573
201812 31.425 251.233 41.772
201903 32.023 254.202 42.069
201906 35.744 256.143 46.602
201909 35.210 256.759 45.796
201912 34.448 256.974 44.767
202003 29.790 258.115 38.543
202006 29.203 257.797 37.830
202009 28.558 260.280 36.641
202012 31.248 260.474 40.063
202103 34.207 264.877 43.128
202106 34.677 271.696 42.623
202109 35.582 274.310 43.318
202112 37.395 278.802 44.792
202203 24.614 287.504 28.591
202206 24.300 296.311 27.387
202209 23.849 296.808 26.834
202212 25.636 296.797 28.845
202303 26.848 301.836 29.705
202306 25.926 305.109 28.377
202309 25.353 307.789 27.508
202312 34.478 306.746 37.536
202403 34.386 312.332 36.766
202406 34.465 314.175 36.635
202409 36.107 315.301 38.243
202412 33.603 315.605 35.556
202503 34.662 319.799 36.196
202506 35.251 322.561 36.496
202509 36.724 324.800 37.759
202512 36.075 324.054 37.177
202603 36.320 330.213 36.731
202606 37.100 333.952 37.100

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 1.03 mean?
Brookfield Business (TSX:BBUC) has a Cyclically Adjusted PB Ratio of 1.03 as of Aug. 25, 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 Brookfield Business and its competitors. This is 20% above median its historical median of 0.86. Over the past decade, Brookfield Business' Cyclically Adjusted PB Ratio has ranged from 0.59 to 1.32. According to the industry distribution chart, Brookfield Business ranks #223 out of 433 companies in the Conglomerates industry, placing it in the top 51.5%.
Is Brookfield Business' Cyclically Adjusted PB Ratio too high?
Brookfield Business' current Cyclically Adjusted PB Ratio of 1.03 is 20% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.32. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.01. Brookfield Business' value of 1.03 is 2% above this industry median. Based on the distribution chart, Brookfield Business ranks #223 out of 433 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Brookfield Business has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brookfield Business' Cyclically Adjusted PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Brookfield Business ranks #223 out of 433 companies for Cyclically Adjusted PB Ratio. This places Brookfield Business in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Brookfield Business' value of 1.03 is 2% above this benchmark. Historically, Brookfield Business' own Cyclically Adjusted PB Ratio has ranged from 0.59 to 1.32 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.01, Brookfield Business 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 Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.01, based on 433 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. Brookfield Business's current Cyclically Adjusted PB Ratio of 1.03 is 2% 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 Brookfield Business and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brookfield Business's current Cyclically Adjusted PB Ratio is 1.03, which is 20% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield Business stock overvalued right now?
Based on GuruFocus' analysis, Brookfield Business (TSX:BBUC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$11.65, compared to a current price of C$39.10 — trading 235.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.03, which is 20% above median its 10-year median of 0.86 and 2% above the Conglomerates industry median of 1.01. Brookfield Business' overall GF Score™ is 54/100 with 6 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 Brookfield Business (TSX:BBUC), the current Cyclically Adjusted PB Ratio is 1.03 as of Aug. 25, 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 Brookfield Business (TSX:BBUC) Overvalued in 2026?

Based on GuruFocus' analysis, Brookfield Business stock appears to be overvalued. The current stock price of C$39.10 is trading 235.6% above its estimated GF Value™ of C$11.65. GuruFocus considers Brookfield Business to be Significantly Overvalued.

Key valuation signals for TSX:BBUC:

  • Cyclically Adjusted PB Ratio: 1.03 (20% above median its 10-year median of 0.86)
  • GF Value™: C$11.65 vs. price of C$39.10 (235.6% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 2% above the Conglomerates median (#223 of 433)

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


Brookfield Business Business Description

Other Exchanges BBUC:USA
Address 225 Liberty Street, Brookfield Place, 8th Floor, New York, NY, USA, 10281-1048
Brookfield Business Corp is the operator of vital industrial and business services operations. The company focuses on acquiring market businesses for value, execute its operational improvement plans to increase cash flows and recycle capital to compound long-term growth. Geographically, it derives maximum revenue from the United States, and the rest from Europe, Brazil, Australia, Canada, and others. It operates in four segments within particular sectors namely: business services, infrastructure services, industrials, and corporate. The company derives maximum revenue from Industrials segment engaged in energy storage operations, engineered components manufacturing operations, water and wastewater operations, electric heat tracing systems manufacturer, and other industrials operations.
54GF Score

Get the complete analysis for TSX:BBUC

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

C$39.10
Price
C$11.65
GF Value