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Babcock & Wilcox Enterprises (Babcock & Wilcox Enterprises) Cyclically Adjusted PB Ratio : 0.04 (As of Apr. 28, 2024)


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What is Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Babcock & Wilcox Enterprises's current share price is $1.04. Babcock & Wilcox Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $24.24. Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio for today is 0.04.

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

BW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.23
Current: 0.04

During the past years, Babcock & Wilcox Enterprises's highest Cyclically Adjusted PB Ratio was 0.23. The lowest was 0.04. And the median was 0.06.

BW's Cyclically Adjusted PB Ratio is ranked better than
99.45% of 1996 companies
in the Industrial Products industry
Industry Median: 1.72 vs BW: 0.04

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.

Babcock & Wilcox Enterprises's adjusted book value per share data for the three months ended in Dec. 2023 was $-2.248. 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 $24.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Babcock & Wilcox Enterprises'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.

Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio Chart

Babcock & Wilcox Enterprises 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 - - - - 0.06

Babcock & Wilcox Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 0.22 0.16 0.06

Competitive Comparison of Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Babcock & Wilcox Enterprises'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.


Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio falls into.



Babcock & Wilcox Enterprises 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.

Babcock & Wilcox Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.04/24.24
=0.04

* 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.

Babcock & Wilcox Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Babcock & Wilcox Enterprises's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-2.248/129.4194*129.4194
=-2.248

Current CPI (Dec. 2023) = 129.4194.

Babcock & Wilcox Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 63.967 99.070 83.563
201503 62.562 99.621 81.275
201506 71.725 100.684 92.196
201509 72.194 100.392 93.069
201512 72.946 99.792 94.603
201603 76.270 100.470 98.246
201606 69.240 101.688 88.122
201609 73.329 101.861 93.168
201612 63.877 101.863 81.158
201703 64.125 102.862 80.681
201706 47.246 103.349 59.164
201709 32.424 104.136 40.296
201712 20.604 104.011 25.637
201803 6.889 105.290 8.468
201806 2.772 106.317 3.374
201809 -3.292 106.507 -4.000
201812 -16.952 105.998 -20.698
201903 -19.339 107.251 -23.336
201906 -20.810 108.070 -24.921
201909 -6.437 108.329 -7.690
201912 -6.477 108.420 -7.731
202003 -7.001 108.902 -8.320
202006 -6.978 108.767 -8.303
202009 -6.185 109.815 -7.289
202012 -6.099 109.897 -7.182
202103 -2.294 111.754 -2.657
202106 -0.196 114.631 -0.221
202109 -0.033 115.734 -0.037
202112 0.383 117.630 0.421
202203 0.218 121.301 0.233
202206 0.082 125.017 0.085
202209 -0.204 125.227 -0.211
202212 -0.030 125.222 -0.031
202303 -0.121 127.348 -0.123
202306 -0.153 128.729 -0.154
202309 -1.593 129.860 -1.588
202312 -2.248 129.419 -2.248

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.


Babcock & Wilcox Enterprises  (NYSE:BW) 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.


Babcock & Wilcox Enterprises Cyclically Adjusted PB Ratio Related Terms

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


Babcock & Wilcox Enterprises (Babcock & Wilcox Enterprises) Business Description

Traded in Other Exchanges
Address
1200 East Market Street, Suite 650, Akron, OH, USA, 44305
Babcock & Wilcox Enterprises is a power generation equipment supplier and servicing company that operates in three segments: B&W Renewable, B&W Environmental, and B&W Thermal. B&W Thermal, which focuses on steam generation products and solutions for plants in the power generation, oil and gas, and industrial sectors, generates the majority of the company's revenue. B&W Renewable focuses on sustainable power and heat generation while B&W Environmental focuses on emissions control. The company's customer base spans the industrial, electrical utility, and municipal industries located predominantly in the United States, Canada, Denmark, and the United Kingdom. Business in the U.S. contributes the vast majority of its revenue.
Executives
Henry E Bartoli director, officer: Chief Strategy Officer 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Christopher S Riker officer: Senior Vice President 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Louis Jr Salamone officer: Chief Financial Officer 7925 JONES BRANCH DRIVE, MCLEAN VA 22102
Joseph A Tato director 580 INDIAN HARBOR ROAD, VERO BEACH FL 32963
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Kenneth M Young officer: Chief Executive Officer C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
John J Dziewisz officer: SVP & Corp. Secy. 1200 E. MARKET STREET, SUITE 650, SUITE 650, AKRON OH 44305
Joseph T Buckler officer: Senior Vice President 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Jimmy B Morgan officer: SVP, Babcock & Wilcox 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Philip D Moeller director 2306 CHAIN BRIDGE ROAD, NW, WASHINGTON DC 20016
Rebecca L Stahl director 2106 SOUTH BAY LANE, RESTON VA 20191
Brf Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Brc Partners Opportunity Fund, Lp 10 percent owner 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
Vintage Capital Management Llc 10 percent owner 4705 S APOPKA VINELAND ROAD SUITE 210, ORLANDO FL 32819

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