Westport Fuel Systems (TSX:WPRT) Cyclically Adjusted PB Ratio: 0.20 (As of Jul. 20, 2026) — 67% Below Median

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TSX:WPRT Westport Fuel Systems Inc TSX:WPRT
42 GF Score
Price C$2.68
GF Value C$1.47
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Westport Fuel Systems Cyclically Adjusted PB Ratio?

Westport Fuel Systems TSX:WPRT +1.13% 42 Cyclically Adjusted PB Ratio is 0.20 as of Jul. 20, 2026, which is 67% below its 10-year median of 0.60. GuruFocus rates TSX:WPRT with a GF Score™ of 42/100 and a GF Value™ of C$1.47 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,032 Vehicles & Parts companies, Westport Fuel Systems ranks better than 95.93% on this metric.

As of today (2026-07-20), Westport Fuel Systems's current share price is C$2.68. Westport Fuel Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$13.52. Westport Fuel Systems's Cyclically Adjusted PB Ratio for today is 0.20.

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

TSX:WPRT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.6   Max: 5.01
Current: 0.2

During the past years, Westport Fuel Systems's highest Cyclically Adjusted PB Ratio was 5.01. The lowest was 0.16. And the median was 0.60.

TSX:WPRT's Cyclically Adjusted PB Ratio is ranked better than
95.93% of 1032 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs TSX:WPRT: 0.20

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.

Westport Fuel Systems's adjusted book value per share data for the three months ended in Mar. 2026 was C$4.960. 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$13.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westport Fuel Systems  (TSX:WPRT) 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.


Westport Fuel Systems Cyclically Adjusted PB Ratio Related Terms


Westport Fuel Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Westport Fuel Systems'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.

Westport Fuel Systems Cyclically Adjusted PB Ratio Chart

Westport Fuel Systems 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 1.05 0.44 0.46 0.34 0.16

Westport Fuel Systems 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 0.37 0.29 0.23 0.16 0.18

TSX:WPRT vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Westport Fuel Systems'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.


Westport Fuel Systems Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

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

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


TSX:WPRT
42GF Score
Westport Fuel Systems Inc TSX:WPRT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Westport Fuel Systems 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.

Westport Fuel Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.68/13.52
=0.20

* 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.

Westport Fuel Systems's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Westport Fuel Systems'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)
=4.96/132.2623*132.2623
=4.960

Current CPI (Mar. 2026) = 132.2623.

Westport Fuel Systems Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.838 102.002 24.427
201609 14.800 101.765 19.235
201612 10.350 101.449 13.494
201703 8.994 102.634 11.590
201706 12.819 103.029 16.456
201709 12.737 103.345 16.301
201712 11.480 103.345 14.692
201803 10.450 105.004 13.163
201806 9.918 105.557 12.427
201809 9.725 105.636 12.176
201812 9.134 105.399 11.462
201903 8.763 106.979 10.834
201906 8.606 107.690 10.570
201909 8.670 107.611 10.656
201912 8.626 107.769 10.586
202003 7.655 107.927 9.381
202006 7.707 108.401 9.403
202009 7.800 108.164 9.538
202012 9.252 108.559 11.272
202103 9.708 110.298 11.641
202106 17.245 111.720 20.416
202109 17.186 112.905 20.133
202112 17.718 113.774 20.597
202203 18.066 117.646 20.311
202206 17.136 120.806 18.761
202209 16.542 120.648 18.134
202212 16.176 120.964 17.687
202303 15.613 122.702 16.829
202306 14.455 124.203 15.393
202309 13.486 125.230 14.243
202312 12.533 125.072 13.253
202403 11.530 126.258 12.078
202406 12.033 127.522 12.480
202409 11.713 127.285 12.171
202412 11.295 127.364 11.729
202503 11.400 129.181 11.672
202506 8.578 129.892 8.735
202509 6.396 130.287 6.493
202512 5.463 130.366 5.542
202603 4.960 132.262 4.960

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 0.20 mean?
Westport Fuel Systems (TSX:WPRT) has a Cyclically Adjusted PB Ratio of 0.20 as of Jul. 20, 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 Westport Fuel Systems and its competitors. This is 67% below median its historical median of 0.60. Over the past decade, Westport Fuel Systems' Cyclically Adjusted PB Ratio has ranged from 0.16 to 5.01. According to the industry distribution chart, Westport Fuel Systems ranks #42 out of 1032 companies in the Vehicles & Parts industry, placing it in the top 4.1%.
Is Westport Fuel Systems' Cyclically Adjusted PB Ratio too high?
Westport Fuel Systems' current Cyclically Adjusted PB Ratio of 0.20 is 67% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 5.01. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Westport Fuel Systems' value of 0.20 is 84.3% below this industry median. Based on the distribution chart, Westport Fuel Systems ranks #42 out of 1032 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Westport Fuel Systems has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Westport Fuel Systems' Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Westport Fuel Systems ranks #42 out of 1032 companies for Cyclically Adjusted PB Ratio. This places Westport Fuel Systems in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Westport Fuel Systems' value of 0.20 is 84.3% below this benchmark. Historically, Westport Fuel Systems' own Cyclically Adjusted PB Ratio has ranged from 0.16 to 5.01 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.27, Westport Fuel Systems 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 a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,032 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. Westport Fuel Systems's current Cyclically Adjusted PB Ratio of 0.20 is 84.3% 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 Westport Fuel Systems and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westport Fuel Systems's current Cyclically Adjusted PB Ratio is 0.20, which is 67% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westport Fuel Systems stock overvalued right now?
Based on GuruFocus' analysis, Westport Fuel Systems (TSX:WPRT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$1.47, compared to a current price of C$2.68 — trading 82.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.20, which is 67% below median its 10-year median of 0.60 and 84.3% below the Vehicles & Parts industry median of 1.27. Westport Fuel Systems' overall GF Score™ is 42/100 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 Westport Fuel Systems (TSX:WPRT), the current Cyclically Adjusted PB Ratio is 0.20 as of Jul. 20, 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 Westport Fuel Systems (TSX:WPRT) Overvalued in 2026?

Based on GuruFocus' analysis, Westport Fuel Systems stock appears to be overvalued. The current stock price of C$2.68 is trading 82.3% above its estimated GF Value™ of C$1.47. GuruFocus considers Westport Fuel Systems to be Significantly Overvalued.

Key valuation signals for TSX:WPRT:

  • Cyclically Adjusted PB Ratio: 0.20 (67% below median its 10-year median of 0.60)
  • GF Value™: C$1.47 vs. price of C$2.68 (82.3% above fair value)
  • GF Score™: 42/100 with 7 warning signs
  • Industry Position: 84.3% below the Vehicles & Parts median (#42 of 1032)

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


Westport Fuel Systems Business Description

Other Exchanges WPRT:USAWPI:Germany
Address 1691 West 75th Avenue, Suite 101, Vancouver, BC, CAN, V6P 6P2
Westport Fuel Systems Inc is an organization engaged in the engineering, manufacturing, and supply of alternative fuel systems and components for transportation applications. It has three reportable segments: High-Pressure Controls, Heavy-Duty OEM, and Cespira. It derives maximum revenue from Heavy-Duty OEM segment. Heavy-Duty OEM segment's products include HPDI related fuel system solutions and components. Geographically, the company operates in Europe, America and Asia, of which it generates maximum revenue from Europe. It also develops and supplies advanced LPG, CNG, LNG and H2 systems and components for OEM (original equipment manufacturer) D-OEM (delayed oem) and After Market (retrofit market) world-wide.
42GF Score

Get the complete analysis for TSX:WPRT

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

C$2.68
Price
C$1.47
GF Value