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Greenbrier (Greenbrier) Cyclically Adjusted PB Ratio : 1.26 (As of May. 17, 2024)


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What is Greenbrier Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Greenbrier's current share price is $51.81. Greenbrier's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $41.22. Greenbrier's Cyclically Adjusted PB Ratio for today is 1.26.

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

GBX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.61   Max: 4.92
Current: 1.28

During the past years, Greenbrier's highest Cyclically Adjusted PB Ratio was 4.92. The lowest was 0.49. And the median was 1.61.

GBX's Cyclically Adjusted PB Ratio is ranked worse than
51.57% of 702 companies
in the Transportation industry
Industry Median: 1.26 vs GBX: 1.28

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.

Greenbrier's adjusted book value per share data for the three months ended in Feb. 2024 was $41.756. 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 $41.22 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greenbrier Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Greenbrier'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.

Greenbrier Cyclically Adjusted PB Ratio Chart

Greenbrier Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.97 1.38 0.78 1.07

Greenbrier Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.85 0.70 1.07 0.94 1.26

Competitive Comparison of Greenbrier's Cyclically Adjusted PB Ratio

For the Railroads subindustry, Greenbrier'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.


Greenbrier's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Greenbrier 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.81/41.22
=1.26

* 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.

Greenbrier's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Greenbrier's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=41.756/130.9299*130.9299
=41.756

Current CPI (Feb. 2024) = 130.9299.

Greenbrier Quarterly Data

Book Value per Share CPI Adj_Book
201405 17.321 100.373 22.594
201408 18.688 100.352 24.382
201411 19.334 99.635 25.407
201502 20.495 99.032 27.096
201505 23.246 100.333 30.335
201508 25.352 100.548 33.012
201511 26.994 100.135 35.296
201602 28.509 100.040 37.312
201605 29.788 101.355 38.480
201608 30.998 101.617 39.940
201611 31.046 101.829 39.918
201702 33.172 102.779 42.258
201705 34.601 103.256 43.875
201708 35.720 103.587 45.149
201711 35.976 104.072 45.260
201802 38.126 105.052 47.518
201805 38.070 106.148 46.958
201808 38.834 106.383 47.795
201811 38.876 106.338 47.867
201902 38.847 106.649 47.691
201905 38.860 108.048 47.090
201908 39.299 108.245 47.535
201911 39.324 108.519 47.445
202002 39.412 109.139 47.281
202005 39.486 108.175 47.792
202008 39.541 109.662 47.210
202011 39.008 109.793 46.517
202102 38.644 110.968 45.595
202105 39.743 113.576 45.815
202108 40.365 115.421 45.789
202111 38.017 117.269 42.446
202202 38.437 119.703 42.042
202205 38.984 123.323 41.389
202208 39.165 124.958 41.037
202211 38.611 125.607 40.247
202302 39.591 126.928 40.839
202305 39.623 128.314 40.431
202308 40.628 129.538 41.065
202311 40.976 129.548 41.413
202402 41.756 130.930 41.756

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.


Greenbrier  (NYSE:GBX) 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.


Greenbrier Cyclically Adjusted PB Ratio Related Terms

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


Greenbrier (Greenbrier) Business Description

Traded in Other Exchanges
Address
One Centerpoint Drive, Suite 200, Lake Oswego, OR, USA, 97035
Greenbrier Companies Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe, marine barges in North America and provides wheel services, railcar refurbishment, and parts, leasing and other services to the railroad. Its segments include Manufacturing, Maintenance Services and Leasing & Management Services. The company generates a majority of its revenue from the manufacturing segment. Geographically, it derives a majority of revenue from the United States.
Executives
Martin Raymond Baker officer: SVP, GC & Compliance Officer ONE CENTERPOINTE DRIVE, SUITE 200, LAKE OSWEGO OR 97035
Patrick J Ottensmeyer director PO BOX 219335, KANSAS CITY MO 64121
Laurie R Dornan officer: SVP, Chief HR Officer ONE CENTERPOINTE DR., SUITE 200, LAKE OSWEGO OR 97035
Charles J Swindells director ONE CENTERPOINTE DR., SUITE 200, LAKE OSWEGO OR 97035
Matthew Joseph Meyer officer: SVP, Finance & CAO 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Ricardo Galvan officer: SVP, GRS ONE CENTERPOINTE DR., SUITE 200, LAKE OSWEGO OR 97035
William A Furman officer: Chairman & CEO ONE CENTERPOINTE DR, SUITE 200, LAKE OSWEGO OR 97035
William J. Krueger officer: President, GMO THE GREENBRIER COMPANIES, INC., ONE CENTERPOINTE DR., #200, LAKE OSWEGO OR 97035
Antonio O Garza director 500 W. ILLINOIS, SUITE 100, MIDLAND TX 79701
Brian J Comstock officer: EVP, Sales and Marketing 19262 S REDLAND ROAD, OREGON CITY OR 97045
Donald A Washburn director 222 SW HARRISON STREET, APT 23C, PORTLAND OR 97201
James R Huffines director C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE. SUITE 1400, DALLAS TX 75219
Alejandro Centurion officer: EVP and President, GMO ONE CENTERPOINTE AVE., STE. 200, LAKE OSWEGO OR 97035
Mark J Rittenbaum officer: EVP, Chief Comm & Leasing Off
Duane Charles Mcdougall director C/O INFOCUS CORP, 277008 SW PARKWAY AVE, WILSONVILLE OR 97070