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BWX Technologies (STU:4BW) Cyclically Adjusted PB Ratio : 14.29 (As of Jun. 04, 2024)


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What is BWX Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-04), BWX Technologies's current share price is €84.88. BWX Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.94. BWX Technologies's Cyclically Adjusted PB Ratio for today is 14.29.

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

STU:4BW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.13   Med: 9.24   Max: 15.92
Current: 13.84

During the past years, BWX Technologies's highest Cyclically Adjusted PB Ratio was 15.92. The lowest was 6.13. And the median was 9.24.

STU:4BW's Cyclically Adjusted PB Ratio is ranked worse than
94.15% of 205 companies
in the Aerospace & Defense industry
Industry Median: 2.43 vs STU:4BW: 13.84

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 adjusted book value per share data for the three months ended in Mar. 2024 was €9.523. 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 €5.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BWX Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BWX Technologies'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.

BWX Technologies Cyclically Adjusted PB Ratio Chart

BWX Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.25 9.82 7.47 8.88 11.83

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 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 9.57 10.84 11.36 11.83 15.77

Competitive Comparison of BWX Technologies's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=84.88/5.94
=14.29

* 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.

BWX Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=9.523/131.7762*131.7762
=9.523

Current CPI (Mar. 2024) = 131.7762.

BWX Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.665 100.560 10.044
201409 8.190 100.428 10.746
201412 7.592 99.070 10.098
201503 8.914 99.621 11.791
201506 2.013 100.684 2.635
201509 2.649 100.392 3.477
201512 2.317 99.792 3.060
201603 2.307 100.470 3.026
201606 2.512 101.688 3.255
201609 1.062 101.861 1.374
201612 1.432 101.863 1.853
201703 1.944 102.862 2.490
201706 2.366 103.349 3.017
201709 2.600 104.136 3.290
201712 2.426 104.011 3.074
201803 2.808 105.290 3.514
201806 3.334 106.317 4.132
201809 3.407 106.507 4.215
201812 2.175 105.998 2.704
201903 2.259 107.251 2.776
201906 2.735 108.070 3.335
201909 3.379 108.329 4.110
201912 3.816 108.420 4.638
202003 4.082 108.902 4.939
202006 4.487 108.767 5.436
202009 4.901 109.815 5.881
202012 5.328 109.897 6.389
202103 5.794 111.754 6.832
202106 6.184 114.631 7.109
202109 5.331 115.734 6.070
202112 6.170 117.630 6.912
202203 6.571 121.301 7.138
202206 7.305 125.017 7.700
202209 7.892 125.227 8.305
202212 7.741 125.222 8.146
202303 8.050 127.348 8.330
202306 8.494 128.729 8.695
202309 8.929 129.860 9.061
202312 9.351 129.419 9.521
202403 9.523 131.776 9.523

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.


BWX Technologies  (STU:4BW) 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.


BWX Technologies Cyclically Adjusted PB Ratio Related Terms

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


BWX Technologies (STU:4BW) 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.

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