SSTI (SoundThinking) Cyclically Adjusted Book per Share: $3.51 (As of Mar. 2026)


SSTI SoundThinking Inc SSTI
69 GF Score
Price $8.96
GF Value $14.11
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is SoundThinking Cyclically Adjusted Book per Share?

SoundThinking SSTI +1.70% 69 Cyclically Adjusted Book per Share is $3.51 as of Mar. 2026. GuruFocus rates SSTI with a GF Score™ of 69/100 and a GF Value™ of $14.11 (Possible Value Trap). The stock has 4 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.

SoundThinking's adjusted book value per share for the three months ended in Mar. 2026 was $5.219. 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 $3.51 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-06-30), SoundThinking's current stock price is $8.96. SoundThinking's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.51. SoundThinking's Cyclically Adjusted PB Ratio of today is 2.55.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of SoundThinking was 3.93. The lowest was 1.77. And the median was 2.21.


SoundThinking  (NAS:SSTI) 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.

SoundThinking's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.96/3.51
=2.55

* 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 11 years, the highest Cyclically Adjusted PB Ratio of SoundThinking was 3.93. The lowest was 1.77. And the median was 2.21.


Be Aware

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


SoundThinking Cyclically Adjusted Book per Share Related Terms


SoundThinking Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for SoundThinking'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.

SoundThinking Cyclically Adjusted Book per Share Chart

SoundThinking Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 3.40

SoundThinking 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 0.00 0.00 3.05 3.40 3.51

SSTI vs RYDE, NRDY, SCOR: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, SoundThinking'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.


SoundThinking Cyclically Adjusted PB Ratio vs Software Industry

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

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


SSTI
69GF Score
SoundThinking Inc SSTI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SoundThinking 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, SoundThinking'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)
=5.219/330.2130*330.2130
=5.219

Current CPI (Mar. 2026) = 330.2130.

SoundThinking Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 -6.277 241.432 -8.585
201703 -6.447 243.801 -8.732
201706 1.603 244.955 2.161
201709 1.451 246.819 1.941
201712 1.238 246.524 1.658
201803 1.430 249.554 1.892
201806 1.527 251.989 2.001
201809 1.460 252.439 1.910
201812 1.578 251.233 2.074
201903 2.500 254.202 3.248
201906 2.653 256.143 3.420
201909 2.464 256.759 3.169
201912 2.409 256.974 3.096
202003 2.455 258.115 3.141
202006 2.533 257.797 3.245
202009 2.686 260.280 3.408
202012 2.973 260.474 3.769
202103 2.907 264.877 3.624
202106 3.030 271.696 3.683
202109 3.021 274.310 3.637
202112 2.889 278.802 3.422
202203 4.017 287.504 4.614
202206 4.349 296.311 4.847
202209 4.857 296.808 5.404
202212 4.978 296.797 5.538
202303 4.919 301.836 5.381
202306 4.748 305.109 5.139
202309 5.354 307.789 5.744
202312 5.858 306.746 6.306
202403 5.844 312.332 6.179
202406 5.915 314.175 6.217
202409 5.839 315.301 6.115
202412 5.730 315.605 5.995
202503 5.830 319.799 6.020
202506 5.827 322.561 5.965
202509 5.792 324.800 5.889
202512 5.627 324.054 5.734
202603 5.219 330.213 5.219

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 $3.51 mean?
SoundThinking (SSTI) has a Cyclically Adjusted Book per Share of $3.51 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 SoundThinking and its competitors.
Is SoundThinking's Cyclically Adjusted Book per Share too high?
SoundThinking's current Cyclically Adjusted Book per Share is $3.51. Overall, SoundThinking has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SoundThinking's Cyclically Adjusted Book per Share compare to RYDE and NRDY?
SoundThinking's Cyclically Adjusted Book per Share of $3.51 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 SoundThinking and its competitors. SoundThinking's current Cyclically Adjusted Book per Share is $3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SoundThinking stock overvalued right now?
Based on GuruFocus' analysis, SoundThinking (SSTI) is currently considered Possible Value Trap. The stock's GF Value™ is $14.11, compared to a current price of $8.96 — trading 36.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is $3.51. SoundThinking's overall GF Score™ is 69/100 with 4 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 SoundThinking (SSTI), the current Cyclically Adjusted Book per Share is $3.51 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 SoundThinking (SSTI) Overvalued in 2026?

Based on GuruFocus' analysis, SoundThinking stock appears to be undervalued. The current stock price of $8.96 is trading 36.5% below its estimated GF Value™ of $14.11. GuruFocus considers SoundThinking to be Possible Value Trap.

Key valuation signals for SSTI:

  • Cyclically Adjusted Book per Share: $3.51
  • GF Value™: $14.11 vs. price of $8.96 (36.5% below fair value)
  • GF Score™: 69/100 with 4 warning signs

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


SoundThinking Business Description

Address 39300 Civic Center Drive, Suite 300, Fremont, CA, USA, 94538
SoundThinking Inc is a public safety technology company that combines transformative solutions and strategic advisory services for law enforcement and civic leadership. Its flagship SafetySmart platform includes: ShotSpotter, the acoustic gunshot detection system; CrimeTracer, the foremost law enforcement search engine; CaseBuilder, a one-stop investigation management system; ResourceRouter, software that directs patrol and community anti-violence resources to help maximize their impact; PlateRangerTM powered by Rekor, an automatic license plate recognition ("ALPR") and vehicle identification solution; SafePointe, an AI-based weapons detection system.
69GF Score

Get the complete analysis for SSTI

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

$8.96
Price
$14.11
GF Value