Aviat Networks (STU:HSD1) Cyclically Adjusted Book per Share: €0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:HSD1 Aviat Networks Inc STU:HSD1
73 GF Score
Price €18.40
GF Value €21.07
! 6 Warning Signs
View Full Analysis

What is Aviat Networks Cyclically Adjusted Book per Share?

Aviat Networks STU:HSD1 +3.95% 73 Cyclically Adjusted Book per Share is €0.00 as of Jun. 2026. GuruFocus rates STU:HSD1 with a GF Score™ of 73/100 and a GF Value™ of €21.07. The stock has 6 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.

Aviat Networks's adjusted book value per share for the three months ended in Jun. 2026 was €18.137. 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 €0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Aviat Networks's average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -10.60% 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 Aviat Networks was 6.20% per year. The lowest was -25.90% per year. And the median was 2.00% per year.

As of today (2026-08-28), Aviat Networks's current stock price is €18.40. Aviat Networks's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.00. Aviat Networks's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aviat Networks was 3.94. The lowest was 0.13. And the median was 1.53.


Aviat Networks  (STU:HSD1) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aviat Networks was 3.94. The lowest was 0.13. And the median was 1.53.


Be Aware

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


Aviat Networks Cyclically Adjusted Book per Share Related Terms


Aviat Networks Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Aviat Networks'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.

Aviat Networks Cyclically Adjusted Book per Share Chart

Aviat Networks Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.42 10.49 11.19 11.34 0.00

Aviat Networks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.34 11.48 11.75 12.40 0.00

STU:HSD1 vs LTRX, BKTI, SILC: Cyclically Adjusted Book per Share Comparison

For the Communication Equipment subindustry, Aviat Networks'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.


Aviat Networks Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


STU:HSD1
73GF Score
Aviat Networks Inc STU:HSD1
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aviat Networks 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, Aviat Networks's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=18.137/333.9520*333.9520
=18.137

Current CPI (Jun. 2026) = 333.9520.

Aviat Networks Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.452 241.428 6.158
201612 4.821 241.432 6.668
201703 4.782 243.801 6.550
201706 4.502 244.955 6.138
201709 4.243 246.819 5.741
201712 4.746 246.524 6.429
201803 4.404 249.554 5.893
201806 4.600 251.989 6.096
201809 4.992 252.439 6.604
201812 5.155 251.233 6.852
201903 5.565 254.202 7.311
201906 5.905 256.143 7.699
201909 5.835 256.759 7.589
201912 5.690 256.974 7.394
202003 5.617 258.115 7.267
202006 5.647 257.797 7.315
202009 5.919 260.280 7.594
202012 6.246 260.474 8.008
202103 13.523 264.877 17.050
202106 13.644 271.696 16.770
202109 14.278 274.310 17.382
202112 15.247 278.802 18.263
202203 16.045 287.504 18.637
202206 17.102 296.311 19.275
202209 17.804 296.808 20.032
202212 17.300 296.797 19.466
202303 17.587 301.836 19.458
202306 17.529 305.109 19.186
202309 18.398 307.789 19.962
202312 18.597 306.746 20.246
202403 18.932 312.332 20.242
202406 18.834 314.175 20.020
202409 17.565 315.301 18.604
202412 18.792 315.605 19.884
202503 18.666 319.799 19.492
202506 17.911 322.561 18.544
202509 17.546 324.800 18.040
202512 18.287 324.054 18.846
202603 18.197 330.213 18.403
202606 18.137 333.952 18.137

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 €0.00 mean?
Aviat Networks (STU:HSD1) has a Cyclically Adjusted Book per Share of €0.00 as of Jun. 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 Aviat Networks and its competitors.
Is Aviat Networks' Cyclically Adjusted Book per Share too high?
Aviat Networks' current Cyclically Adjusted Book per Share is €0.00. Overall, Aviat Networks has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Aviat Networks' Cyclically Adjusted Book per Share compare to LTRX and BKTI?
Aviat Networks' Cyclically Adjusted Book per Share of €0.00 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Aviat Networks and its competitors. Aviat Networks's current Cyclically Adjusted Book per Share is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aviat Networks stock overvalued right now?
Aviat Networks (STU:HSD1) has a current Cyclically Adjusted Book per Share of €0.00. The stock's GF Value™ is €21.07, compared to a current price of €18.40 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is €0.00. Aviat Networks' overall GF Score™ is 73/100 with 6 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 Aviat Networks (STU:HSD1), the current Cyclically Adjusted Book per Share is €0.00 as of Jun. 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 Aviat Networks (STU:HSD1) Overvalued in 2026?

Based on GuruFocus' analysis, Aviat Networks stock appears to be undervalued. The current stock price of €18.40 is trading 12.7% below its estimated GF Value™ of €21.07.

Key valuation signals for STU:HSD1:

  • Cyclically Adjusted Book per Share: €0.00
  • GF Value™: €21.07 vs. price of €18.40 (12.7% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the STU:HSD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aviat Networks Business Description

Other Exchanges AVNW:USAHSD1:Germany
Address 200 Parker Drive, Suite C100A, Austin, TX, USA, 78728
Aviat Networks Inc provides wireless transport and access networking solutions designed to support telecommunications operators and private network providers situated in various countries. The company offers a range of microwave and millimeter wave radios, network management tools, and services that enable high-capacity, secure, and reliable data transport over wireless networks. Its products serve diverse clients including mobile operators, public safety organizations, utilities, government agencies, and enterprise customers. Aviat generates revenue from the sale of its networking equipment, professional services, and ongoing support contracts. Its operations cover various regions including the Americas, Europe, Asia Pacific, the Middle East, and Africa.
73GF Score

Get the complete analysis for STU:HSD1

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

€18.40
Price
€21.07
GF Value