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BWX Technologies (BWX Technologies) Cyclically Adjusted Book per Share : $6.51 (As of Mar. 2024)


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What is BWX Technologies Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

BWX Technologies's adjusted book value per share for the three months ended in Mar. 2024 was $10.352. 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 $6.51 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BWX Technologies's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of BWX Technologies was 2.60% per year. The lowest was 1.80% per year. And the median was 1.80% per year.

As of today (2024-05-21), BWX Technologies's current stock price is $88.46. BWX Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.51. BWX Technologies's Cyclically Adjusted PB Ratio of today is 13.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BWX Technologies was 15.92. The lowest was 6.13. And the median was 9.22.


BWX Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for BWX Technologies's Cyclically Adjusted Book per Share 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.

BWX Technologies Cyclically Adjusted Book per Share Chart

BWX Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.06 6.14 6.41 6.54 6.48

BWX Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 6.59 6.60 6.60 6.48 6.51

Competitive Comparison of BWX Technologies's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, BWX Technologies'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.


BWX Technologies's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

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



BWX Technologies Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.352/131.7762*131.7762
=10.352

Current CPI (Mar. 2024) = 131.7762.

BWX Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.414 100.560 13.647
201409 10.554 100.428 13.848
201412 9.361 99.070 12.451
201503 9.648 99.621 12.762
201506 2.259 100.684 2.957
201509 2.973 100.392 3.902
201512 2.523 99.792 3.332
201603 2.569 100.470 3.369
201606 2.823 101.688 3.658
201609 1.192 101.861 1.542
201612 1.511 101.863 1.955
201703 2.079 102.862 2.663
201706 2.659 103.349 3.390
201709 3.099 104.136 3.922
201712 2.871 104.011 3.637
201803 3.463 105.290 4.334
201806 3.895 106.317 4.828
201809 3.975 106.507 4.918
201812 2.474 105.998 3.076
201903 2.553 107.251 3.137
201906 3.091 108.070 3.769
201909 3.722 108.329 4.528
201912 4.240 108.420 5.153
202003 4.510 108.902 5.457
202006 5.053 108.767 6.122
202009 5.773 109.815 6.928
202012 6.482 109.897 7.773
202103 6.898 111.754 8.134
202106 7.450 114.631 8.564
202109 6.272 115.734 7.141
202112 6.972 117.630 7.810
202203 7.237 121.301 7.862
202206 7.722 125.017 8.140
202209 7.813 125.227 8.222
202212 8.200 125.222 8.629
202303 8.619 127.348 8.919
202306 9.203 128.729 9.421
202309 9.529 129.860 9.670
202312 10.197 129.419 10.383
202403 10.352 131.776 10.352

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


BWX Technologies  (NYSE:BWXT) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

BWX Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=88.46/6.51
=13.59

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BWX Technologies was 15.92. The lowest was 6.13. And the median was 9.22.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


BWX Technologies Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of BWX Technologies's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


BWX Technologies (BWX Technologies) Business Description

Traded in Other Exchanges
Address
800 Main Street, 4th Floor, Lynchburg, VA, USA, 24504
BWX Technologies Inc is a specialty manufacturer & service provider of nuclear components. It operates in two segments. The government Operations segment consists of legacy Nuclear Operations Group & Nuclear Services Group segments with certain research & development activities in the areas of advanced reactors & advanced manufacturing. The commercial Operations segment consists of the legacy Nuclear Power Group segment with certain research and development & commercialization activities in the areas of medical & industrial radioisotopes & radiopharmaceuticals. The majority is from the Government Operations segment. Geographically, it operates in the United States, Canada & United Kingdom, out of which the majority is from the United States.
Executives
Michael Thomas Fitzgerald officer: VP & Chief Accounting Officer 11525 N. COMMUNITY HOUSE ROAD, SUITE 600, CHARLOTTE NC 28277
Robert L Duffy officer: SVP and Chief Admin. Officer HARRIS CORPORATION, 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Robert L Nardelli director 2455 PACES FERRY ROAD, ATLANTA GA 30339
Gerhard F Burbach director C/O THORATEC CORPORATION, 6035 STONERIDGE DRIVE, PLEASANTON CA 94588
Whitford Ronald Owen Jr officer: SVP, General Counsel and Sec. 800 MAIN STREET, LYNCHBURG VA 24504
Omar Fathi Meguid officer: SVP and Chief Digital Officer 800 MAIN STREET, LYNCHBURG VA 24504
Richard W Loving officer: SVP, Human Resources 800 MAIN STREET, LYNCHBURG VA 24504
Jason S. Kerr officer: See Remarks 11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
John A Fees director, officer: Executive Chairman 800 MAIN STREET, 4TH FLOOR, LYNCHBURG VA 24504
Thomas E Mccabe officer: SVP & General Counsel C/O ORBITAL SCIENCES CORPORATION, 45101 WARP DRIVE, DULLES VA 20166
Kevin M Mccoy officer: Pres., Government Operations 800 MAIN STREET, LYNCHBURG NC 24504
Robb A. Lemasters director 800 MAIN STREET, LYNCHBURG VA 24504
David S Black officer: See Remarks 800 MAIN STREET, LYNCHBURG VA 24504
Rex D Geveden officer: Chief Operating Officer 800 MAIN STREET, LYNCHBURG VA 24504
Robert Fendlay Smith officer: President, Gov. Operations 800 MAIN STREET, LUNCHBURG VA 24504