Sangoma Technologies (FRA:54GA) Cyclically Adjusted Book per Share: €7.39 (As of Mar. 2026)


FRA:54GA Sangoma Technologies Corp FRA:54GA
64 GF Score
Price €3.46
GF Value €3.63
Valuation Fairly Valued
! 2 Warning Signs
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What is Sangoma Technologies Cyclically Adjusted Book per Share?

Sangoma Technologies FRA:54GA +0.58% 64 Cyclically Adjusted Book per Share is €7.39 as of Mar. 2026. GuruFocus rates FRA:54GA with a GF Score™ of 64/100 and a GF Value™ of €3.63 (Fairly Valued). The stock has 2 warning signs investors should review.

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.

Sangoma Technologies's adjusted book value per share for the three months ended in Mar. 2026 was €6.457. 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 €7.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sangoma Technologies's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 18.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.70% 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 Sangoma Technologies was 24.90% per year. The lowest was 3.20% per year. And the median was 8.15% per year.

As of today (2026-07-12), Sangoma Technologies's current stock price is €3.46. Sangoma Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €7.39. Sangoma Technologies's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sangoma Technologies was 6.64. The lowest was 0.33. And the median was 1.09.


Sangoma Technologies  (FRA:54GA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.46/7.39
=0.47

* 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 Sangoma Technologies was 6.64. The lowest was 0.33. And the median was 1.09.


Be Aware

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


Sangoma Technologies Cyclically Adjusted Book per Share Related Terms


Sangoma Technologies Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sangoma 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.

Sangoma Technologies Cyclically Adjusted Book per Share Chart

Sangoma Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.07 6.20 6.57 7.27 6.76

Sangoma Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.84 6.76 6.93 7.24 7.39

FRA:54GA vs MSFT, ORCL, PLTR: Cyclically Adjusted Book per Share Comparison

For the Software - Infrastructure subindustry, Sangoma 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.


Sangoma Technologies Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Sangoma Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:54GA
64GF Score
Sangoma Technologies Corp FRA:54GA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sangoma 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, Sangoma Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.457/132.2623*132.2623
=6.457

Current CPI (Mar. 2026) = 132.2623.

Sangoma Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.702 102.002 3.504
201609 2.692 101.765 3.499
201612 2.864 101.449 3.734
201703 2.894 102.634 3.729
201706 2.848 103.029 3.656
201709 2.888 103.345 3.696
201712 2.945 103.345 3.769
201803 3.168 105.004 3.990
201806 3.393 105.557 4.251
201809 3.535 105.636 4.426
201812 3.429 105.399 4.303
201903 3.642 106.979 4.503
201906 3.727 107.690 4.577
201909 4.579 107.611 5.628
201912 4.560 107.769 5.596
202003 4.348 107.927 5.328
202006 4.483 108.401 5.470
202009 6.085 108.164 7.441
202012 5.931 108.559 7.226
202103 15.974 110.298 19.155
202106 16.413 111.720 19.431
202109 16.802 112.905 19.683
202112 17.479 113.774 20.319
202203 17.303 117.646 19.453
202206 12.964 120.806 14.193
202209 13.281 120.648 14.560
202212 11.860 120.964 12.968
202303 11.303 122.702 12.184
202306 7.435 124.203 7.917
202309 7.461 125.230 7.880
202312 7.192 125.072 7.605
202403 7.201 126.258 7.543
202406 7.237 127.522 7.506
202409 6.937 127.285 7.208
202412 7.315 127.364 7.596
202503 7.021 129.181 7.188
202506 6.626 129.892 6.747
202509 6.427 130.287 6.524
202512 6.432 130.366 6.526
202603 6.457 132.262 6.457

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

What does a Cyclically Adjusted Book per Share of €7.39 mean?
Sangoma Technologies (FRA:54GA) has a Cyclically Adjusted Book per Share of €7.39 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sangoma Technologies and its competitors.
Is Sangoma Technologies' Cyclically Adjusted Book per Share too high?
Sangoma Technologies' current Cyclically Adjusted Book per Share is €7.39. Overall, Sangoma Technologies has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sangoma Technologies' Cyclically Adjusted Book per Share compare to MSFT and ORCL?
Sangoma Technologies' Cyclically Adjusted Book per Share of €7.39 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Software company?
A good Cyclically Adjusted Book per Share depends on the Software industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sangoma Technologies and its competitors. Sangoma Technologies's current Cyclically Adjusted Book per Share is €7.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sangoma Technologies stock overvalued right now?
Based on GuruFocus' analysis, Sangoma Technologies (FRA:54GA) is currently considered Fairly Valued. The stock's GF Value™ is €3.63, compared to a current price of €3.46 — trading 4.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is €7.39. Sangoma Technologies' overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Sangoma Technologies (FRA:54GA), the current Cyclically Adjusted Book per Share is €7.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sangoma Technologies (FRA:54GA) Overvalued in 2026?

Based on GuruFocus' analysis, Sangoma Technologies stock appears to be undervalued. The current stock price of €3.46 is trading 4.7% below its estimated GF Value™ of €3.63. GuruFocus considers Sangoma Technologies to be Fairly Valued.

Key valuation signals for FRA:54GA:

  • Cyclically Adjusted Book per Share: €7.39
  • GF Value™: €3.63 vs. price of €3.46 (4.7% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the FRA:54GA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sangoma Technologies Business Description

Other Exchanges SANG:USASTC:Canada
Address 333 Bay Street, Bay-Adelaide Centre, Suite 3400, Toronto, ON, CAN, M5H 2S7
Sangoma Technologies Corp is a provider of hardware and software components that enable or enhance Internet Protocol Communications Systems for both telecom and datacom applications. It is engaged in the development, manufacturing, distribution, and support of voice and data connectivity components for software-based communication applications. Its product includes data and telecom boards for media and signal processing, as well as gateway appliances and software. The Company sells into two geographic centers: USA and Other countries. Key revenue is generated from USA.
64GF Score

Get the complete analysis for FRA:54GA

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.46
Price
€3.63
GF Value