V2X (VVX) Cyclically Adjusted PB Ratio: 2.86 (As of Jul. 25, 2026) — 42% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

VVX V2X Inc VVX
71 GF Score
Price $83.57
GF Value $57.79
Valuation Significantly Overvalued
! 6 Warning Signs
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What is V2X Cyclically Adjusted PB Ratio?

V2X VVX -0.49% 71 Cyclically Adjusted PB Ratio is 2.86 as of Jul. 25, 2026, which is 42% above its 10-year median of 2.02. GuruFocus rates VVX with a GF Score™ of 71/100 and a GF Value™ of $57.79 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 214 Aerospace & Defense companies, V2X ranks better than 60.28% on this metric.

As of today (2026-07-25), V2X's current share price is $83.57. V2X's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $29.17. V2X's Cyclically Adjusted PB Ratio for today is 2.86.

The historical rank and industry rank for V2X's Cyclically Adjusted PB Ratio or its related term are showing as below:

VVX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 2.02   Max: 3.11
Current: 2.88

During the past years, V2X's highest Cyclically Adjusted PB Ratio was 3.11. The lowest was 1.64. And the median was 2.02.

VVX's Cyclically Adjusted PB Ratio is ranked better than
60.28% of 214 companies
in the Aerospace & Defense industry
Industry Median: 3.455 vs VVX: 2.88

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.

V2X's adjusted book value per share data for the three months ended in Mar. 2026 was $35.246. 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 $29.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


V2X  (NYSE:VVX) 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.


V2X Cyclically Adjusted PB Ratio Related Terms


V2X Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for V2X'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.

V2X Cyclically Adjusted PB Ratio Chart

V2X 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 1.93 2.02 1.92 1.94

V2X 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 1.89 1.81 2.11 1.94 2.35

VVX vs RDW, HAWK, DCO: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, V2X'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.


V2X Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, V2X's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where V2X's Cyclically Adjusted PB Ratio falls into.


VVX
71GF Score
V2X Inc VVX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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V2X 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.

V2X's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.57/29.17
=2.86

* 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.

V2X's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, V2X'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)
=35.246/330.2130*330.2130
=35.246

Current CPI (Mar. 2026) = 330.2130.

V2X Quarterly Data

Book Value per Share CPI Adj_Book
201606 9.651 241.018 13.223
201609 10.431 241.428 14.267
201612 10.776 241.432 14.739
201703 11.398 243.801 15.438
201706 12.121 244.955 16.340
201709 12.788 246.819 17.109
201712 16.489 246.524 22.087
201803 17.081 249.554 22.602
201806 17.831 251.989 23.366
201809 18.800 252.439 24.592
201812 19.641 251.233 25.816
201903 20.106 254.202 26.118
201906 20.831 256.143 26.855
201909 21.583 256.759 27.757
201912 22.463 256.974 28.865
202003 22.803 258.115 29.172
202006 23.187 257.797 29.700
202009 24.420 260.280 30.981
202012 26.231 260.474 33.254
202103 26.877 264.877 33.507
202106 28.388 271.696 34.502
202109 29.146 274.310 35.086
202112 29.825 278.802 35.325
202203 30.002 287.504 34.459
202206 30.684 296.311 34.195
202209 32.449 296.808 36.101
202212 32.723 296.797 36.407
202303 31.558 301.836 34.525
202306 31.940 305.109 34.568
202309 31.715 307.789 34.026
202312 31.765 306.746 34.195
202403 31.594 312.332 33.403
202406 31.511 314.175 33.120
202409 31.770 315.301 33.273
202412 32.514 315.605 34.019
202503 32.692 319.799 33.757
202506 33.610 322.561 34.407
202509 34.240 324.800 34.811
202512 34.796 324.054 35.457
202603 35.246 330.213 35.246

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 2.86 mean?
V2X (VVX) has a Cyclically Adjusted PB Ratio of 2.86 as of Jul. 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 V2X and its competitors. This is 42% above median its historical median of 2.02. Over the past decade, V2X's Cyclically Adjusted PB Ratio has ranged from 1.64 to 3.11. According to the industry distribution chart, V2X ranks #85 out of 214 companies in the Aerospace & Defense industry, placing it in the top 39.7%.
Is V2X's Cyclically Adjusted PB Ratio too high?
V2X's current Cyclically Adjusted PB Ratio of 2.86 is 42% above median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 3.11. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.46. V2X's value of 2.86 is 17.2% below this industry median. Based on the distribution chart, V2X ranks #85 out of 214 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, V2X has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does V2X's Cyclically Adjusted PB Ratio compare to RDW and HAWK?
According to the Aerospace & Defense industry distribution chart, V2X ranks #85 out of 214 companies for Cyclically Adjusted PB Ratio. This puts V2X in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.46. V2X's value of 2.86 is 17.2% below this benchmark. Historically, V2X's own Cyclically Adjusted PB Ratio has ranged from 1.64 to 3.11 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 3.46, V2X 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 an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.46, based on 214 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. V2X's current Cyclically Adjusted PB Ratio of 2.86 is 17.2% 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 V2X and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V2X's current Cyclically Adjusted PB Ratio is 2.86, which is 42% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V2X stock overvalued right now?
Based on GuruFocus' analysis, V2X (VVX) is currently considered Significantly Overvalued. The stock's GF Value™ is $57.79, compared to a current price of $83.57 — trading 44.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.86, which is 42% above median its 10-year median of 2.02 and 17.2% below the Aerospace & Defense industry median of 3.46. V2X's overall GF Score™ is 71/100 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 V2X (VVX), the current Cyclically Adjusted PB Ratio is 2.86 as of Jul. 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 V2X (VVX) Overvalued in 2026?

Based on GuruFocus' analysis, V2X stock appears to be overvalued. The current stock price of $83.57 is trading 44.6% above its estimated GF Value™ of $57.79. GuruFocus considers V2X to be Significantly Overvalued.

Key valuation signals for VVX:

  • Cyclically Adjusted PB Ratio: 2.86 (42% above median its 10-year median of 2.02)
  • GF Value™: $57.79 vs. price of $83.57 (44.6% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 17.2% below the Aerospace & Defense median (#85 of 214)

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


V2X Business Description

Other Exchanges 1V1:Germany
Address 2100 Reston Parkway, Suite 300, Reston, VA, USA, 20191
V2X Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offers facility and logistics services and information technology mission support and engineering and digital integration services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, and others.
71GF Score

Get the complete analysis for VVX

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

$83.57
Price
$57.79
GF Value