Question 1

What is Babcock & Wilcox Enterprises's P/B ratio?

Accepted Answer

Babcock & Wilcox Enterprises (BW) P/B ratio is 53.4× as of November 7, 2022. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Babcock & Wilcox Enterprises?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Babcock & Wilcox Enterprises specifically, the relevant sector benchmark is the current sector median of 4.9×.

Question 5

Is Babcock & Wilcox Enterprises's P/B ratio high or low?

Accepted Answer

Babcock & Wilcox Enterprises's P/B ratio of 53.4× is above its own 5-year average of 44.7× and above the sector median of 4.9×. That places the current reading at the 64th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Babcock & Wilcox Enterprises's historical P/B ratio range?

Accepted Answer

In the available daily series, Babcock & Wilcox Enterprises (BW) P/B ratio has ranged from a low of 0.7× in 2018 to a high of 104.2× in 2022. The 5-year average is 44.7× and the 5-year median is 36.9×.

Question 7

What was Babcock & Wilcox Enterprises's P/B ratio in 2021?

Accepted Answer

Babcock & Wilcox Enterprises (BW) P/B ratio at the end of 2021 was 23.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Babcock & Wilcox Enterprises's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$772.21M	−$131.60M	—	—	Dec 31, 2025
2024	$154.32M	−$283.76M	—	—	Dec 31, 2024
2023	$130.52M	−$200.96M	—	—	Dec 31, 2023
2022	$511.80M	−$2.57M	—	—	Dec 31, 2022
2021	$778.43M	$33.15M	23.5×	—	Dec 31, 2021
2020	$182.87M	−$332.08M	—	—	Dec 31, 2020
2019	$174.72M	−$296.36M	—	—	Dec 31, 2019
2018	$65.90M	−$286.13M	—	—	Dec 31, 2018
2017	$501.63M	$182.10M	2.8×	-0.2×	Dec 31, 2017
2016	$1.62B	$552.10M	2.9×	+0.0×	Dec 31, 2016
2015	$2.16B	$747.71M	2.9×	-0.2×	Dec 31, 2015
2014	$2.14B	$692.66M	3.1×	—	Dec 31, 2014


Huntington Ingalls Industries (HII)	2.9×
Brady (BRC)	2.9×
Fortive (FTV)	2.9×
Southwest Airlines (LUV)	2.7×
Xylem (XYL)	2.6×
FedEx (FDX)	2.5×
Upwork (UPWK)	2.5×
Axon Enterprise (TASR)	2.4×
Builders FirstSource (BLDR)	2.3×
McGrath RentCorp (MGRC)	2.2×
Tennant (TNC)	2.2×
Delta Air Lines (DAL)	2.1×
AGCO (AGCO)	2.0×
Textron (TXT)	1.9×
Archer Aviation (ACHR)	1.9×
United Airlines Holdings (UAL)	1.9×
Alamo Group (ALG)	1.7×
Matthews International (MATW)	1.6×
Redwire (RDW)	1.5×
MDU Resources Group (MDU)	1.5×
Amentum Holdings (AMTM)	1.4×
ABM Industries (ABM)	1.4×
Stanley Black & Decker (SWK)	1.2×
Alaska Air Group (ALK)	1.1×
Versant Media Group, Inc. Class A (VSNT)	0.7×

P/B Ratio for Babcock & Wilcox Enterprises (BW)

P/B Ratio daily chart for Babcock & Wilcox Enterprises (BW)

Historical P/B Ratio for Babcock & Wilcox Enterprises (BW) from 2014 to 2025

About P/B Ratio at Babcock & Wilcox Enterprises (BW)

Babcock & Wilcox Enterprises P/B Ratio by Year

Babcock & Wilcox Enterprises P/B Ratio 2021: 23.5×

Babcock & Wilcox Enterprises P/B Ratio 2017: 2.8×

Babcock & Wilcox Enterprises P/B Ratio 2016: 2.9×

Babcock & Wilcox Enterprises P/B Ratio 2015: 2.9×

Babcock & Wilcox Enterprises P/B Ratio 2014: 3.1×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Babcock & Wilcox Enterprises (BW) Key Financials

P/B Ratio daily chart for Babcock & Wilcox Enterprises (BW)

Historical P/B Ratio for Babcock & Wilcox Enterprises (BW) from 2014 to 2025

About P/B Ratio at Babcock & Wilcox Enterprises (BW)

Babcock & Wilcox Enterprises P/B Ratio by Year

Babcock & Wilcox Enterprises P/B Ratio 2021: 23.5×

Babcock & Wilcox Enterprises P/B Ratio 2017: 2.8×

Babcock & Wilcox Enterprises P/B Ratio 2016: 2.9×

Babcock & Wilcox Enterprises P/B Ratio 2015: 2.9×

Babcock & Wilcox Enterprises P/B Ratio 2014: 3.1×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Babcock & Wilcox Enterprises's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Babcock & Wilcox Enterprises?

+Is Babcock & Wilcox Enterprises's P/B ratio high or low?

+What is Babcock & Wilcox Enterprises's historical P/B ratio range?

+What was Babcock & Wilcox Enterprises's P/B ratio in 2021?

+Why does Babcock & Wilcox Enterprises's P/B ratio change over time?

Babcock & Wilcox Enterprises (BW) Key Financials