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 5.0×.

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 5.0×. 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	$772M	-$132M	—	—	Dec 31, 2025
2024	$154M	-$284M	—	—	Dec 31, 2024
2023	$131M	-$201M	—	—	Dec 31, 2023
2022	$512M	-$2.57M	—	—	Dec 31, 2022
2021	$778M	$33.1M	23.5×	—	Dec 31, 2021
2020	$183M	-$332M	—	—	Dec 31, 2020
2019	$175M	-$296M	—	—	Dec 31, 2019
2018	$65.9M	-$286M	—	—	Dec 31, 2018
2017	$502M	$182M	2.8×	-0.2×	Dec 31, 2017
2016	$1.62B	$552M	2.9×	+0.0×	Dec 31, 2016
2015	$2.16B	$748M	2.9×	-0.2×	Dec 31, 2015
2014	$2.14B	$693M	3.1×	—	Dec 31, 2014


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P/B Ratio for Babcock & Wilcox Enterprises (BW) 2014-2026

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