A (Agilent Technologies) Cyclically Adjusted PB Ratio: 6.67 (As of Aug. 02, 2026) — Near Median

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.

A Agilent Technologies Inc A
94 GF Score
Price $138.37
GF Value $146.25
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Agilent Technologies Cyclically Adjusted PB Ratio?

Agilent Technologies A -0.25% 94 Cyclically Adjusted PB Ratio is 6.67 as of Aug. 02, 2026, which is 5% above its 10-year median of 6.36. GuruFocus rates A with a GF Score™ of 94/100 and a GF Value™ of $146.25 (Fairly Valued). The stock has 3 warning signs investors should review. Among 131 Medical Diagnostics & Research companies, Agilent Technologies ranks worse than 88.55% on this metric.

As of today (2026-08-02), Agilent Technologies's current share price is $138.37. Agilent Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $20.73. Agilent Technologies's Cyclically Adjusted PB Ratio for today is 6.67.

The historical rank and industry rank for Agilent Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.57   Med: 6.36   Max: 10.99
Current: 6.68

During the past years, Agilent Technologies's highest Cyclically Adjusted PB Ratio was 10.99. The lowest was 3.57. And the median was 6.36.

A's Cyclically Adjusted PB Ratio is ranked worse than
88.55% of 131 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.75 vs A: 6.68

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.

Agilent Technologies's adjusted book value per share data for the three months ended in Apr. 2026 was $25.236. 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 $20.73 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agilent Technologies  (NYSE:A) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Agilent Technologies Cyclically Adjusted PB Ratio Related Terms


Agilent Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Agilent Technologies's Cyclically Adjusted PB Ratio 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.

Agilent Technologies Cyclically Adjusted PB Ratio Chart

Agilent Technologies Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.49 7.74 5.62 6.94 7.37

Agilent Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PB Ratio 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 5.58 5.87 7.37 6.67 5.57

A vs NTRA, WAT, IDXX: Cyclically Adjusted PB Ratio Comparison

For the Diagnostics & Research subindustry, Agilent 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.


Agilent Technologies Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Agilent Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


A
94GF Score
Agilent Technologies Inc A
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Agilent Technologies Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Agilent Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=138.37/20.73
=6.67

* 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.

Agilent Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Agilent Technologies's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=25.236/333.0200*333.0200
=25.236

Current CPI (Apr. 2026) = 333.0200.

Agilent Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201607 13.404 240.628 18.551
201610 13.096 241.729 18.042
201701 13.345 242.839 18.301
201704 13.620 244.524 18.549
201707 14.311 244.786 19.469
201710 15.003 246.663 20.256
201801 14.002 247.867 18.812
201804 14.326 250.546 19.042
201807 14.307 252.006 18.906
201810 14.362 252.885 18.913
201901 15.836 251.712 20.951
201904 16.168 255.548 21.069
201907 15.313 256.571 19.876
201910 15.366 257.346 19.884
202001 15.639 257.971 20.189
202004 15.481 256.389 20.108
202007 16.120 259.101 20.719
202010 15.925 260.388 20.367
202101 15.751 261.582 20.053
202104 15.875 267.054 19.796
202107 16.323 273.003 19.911
202110 17.844 276.589 21.485
202201 17.180 281.148 20.350
202204 17.130 289.109 19.732
202207 17.199 296.276 19.332
202210 17.983 298.012 20.095
202301 18.949 299.170 21.093
202304 19.597 303.363 21.513
202307 18.986 305.691 20.683
202310 20.009 307.671 21.658
202401 21.116 308.417 22.800
202404 21.311 313.548 22.634
202407 20.530 314.540 21.736
202410 20.681 315.664 21.818
202501 21.130 317.671 22.151
202504 21.611 320.795 22.435
202507 22.462 323.048 23.155
202510 23.815 0.000
202601 24.436 325.252 25.020
202604 25.236 333.020 25.236

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

What does a Cyclically Adjusted PB Ratio of 6.67 mean?
Agilent Technologies (A) has a Cyclically Adjusted PB Ratio of 6.67 as of Aug. 02, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Agilent Technologies and its competitors. This is near median its historical median of 6.36. Over the past decade, Agilent Technologies' Cyclically Adjusted PB Ratio has ranged from 3.57 to 10.99. According to the industry distribution chart, Agilent Technologies ranks #116 out of 131 companies in the Medical Diagnostics & Research industry, placing it in the top 88.5%.
Is Agilent Technologies' Cyclically Adjusted PB Ratio too high?
Agilent Technologies' current Cyclically Adjusted PB Ratio of 6.67 is near median its 10-year median of 6.36. Over the past 10 years, this metric has ranged from a low of 3.57 to a high of 10.99. The Medical Diagnostics & Research industry median Cyclically Adjusted PB Ratio is 1.75. Agilent Technologies' value of 6.67 is 281.1% above this industry median. Based on the distribution chart, Agilent Technologies ranks #116 out of 131 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Agilent Technologies has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agilent Technologies' Cyclically Adjusted PB Ratio compare to NTRA and WAT?
According to the Medical Diagnostics & Research industry distribution chart, Agilent Technologies ranks #116 out of 131 companies for Cyclically Adjusted PB Ratio. This places Agilent Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.75. Agilent Technologies' value of 6.67 is 281.1% above this benchmark. Historically, Agilent Technologies' own Cyclically Adjusted PB Ratio has ranged from 3.57 to 10.99 over the past decade. While the company's 10-year median is 6.36 vs. the industry median of 1.75, Agilent Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Medical Diagnostics & Research company?
The median Cyclically Adjusted PB Ratio among Medical Diagnostics & Research companies is 1.75, based on 131 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Agilent Technologies's current Cyclically Adjusted PB Ratio of 6.67 is 281.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Agilent Technologies and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PB Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agilent Technologies's current Cyclically Adjusted PB Ratio is 6.67, which is near median its own 10-year median of 6.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agilent Technologies stock overvalued right now?
Based on GuruFocus' analysis, Agilent Technologies (A) is currently considered Fairly Valued. The stock's GF Value™ is $146.25, compared to a current price of $138.37 — trading 5.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.67, which is near median its 10-year median of 6.36 and 281.1% above the Medical Diagnostics & Research industry median of 1.75. Agilent Technologies' overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Agilent Technologies (A), the current Cyclically Adjusted PB Ratio is 6.67 as of Aug. 02, 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 Agilent Technologies (A) Overvalued in 2026?

Based on GuruFocus' analysis, Agilent Technologies stock appears to be undervalued. The current stock price of $138.37 is trading 5.4% below its estimated GF Value™ of $146.25. GuruFocus considers Agilent Technologies to be Fairly Valued.

Key valuation signals for A:

  • Cyclically Adjusted PB Ratio: 6.67 (near median its 10-year median of 6.36)
  • GF Value™: $146.25 vs. price of $138.37 (5.4% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 281.1% above the Medical Diagnostics & Research median (#116 of 131)

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


Agilent Technologies Business Description

Address 5301 Stevens Creek Boulevard, Santa Clara, CA, USA, 95051
Originally spun out of Hewlett-Packard in 1999, Agilent has evolved into a leading life science and diagnostic firm. Today, Agilent's measurement technologies serve a broad base of customers with its three operating segments: life science and diagnostics, cross lab operations consisting of consumables and services, and applied end markets. Over half of its sales are generated from the biopharmaceutical, chemical, and advanced materials end markets, which we view as the stickiest end markets, but it also supports clinical lab, environmental, forensics, food, academic, and government-related organizations. The company is geographically diverse, with operations in the US and China representing the largest country concentrations.
94GF Score

Get the complete analysis for A

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

$138.37
Price
$146.25
GF Value