ACN (Accenture) Cyclically Adjusted PB Ratio: 3.93 (As of Jul. 14, 2026) — 78% Below Median

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ACN Accenture PLC ACN
77 GF Score
Price $138.52
GF Value $354.95
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Accenture Cyclically Adjusted PB Ratio?

Accenture ACN +2.43% 77 Cyclically Adjusted PB Ratio is 3.93 as of Jul. 14, 2026, which is 78% below its 10-year median of 17.50. GuruFocus rates ACN with a GF Score™ of 77/100 and a GF Value™ of $354.95 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,598 Software companies, Accenture ranks worse than 68.15% on this metric.

As of today (2026-07-14), Accenture's current share price is $138.52. Accenture's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $35.29. Accenture's Cyclically Adjusted PB Ratio for today is 3.93.

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

ACN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.63   Med: 17.5   Max: 25.65
Current: 3.93

During the past years, Accenture's highest Cyclically Adjusted PB Ratio was 25.65. The lowest was 3.63. And the median was 17.50.

ACN's Cyclically Adjusted PB Ratio is ranked worse than
68.15% of 1598 companies
in the Software industry
Industry Median: 2.325 vs ACN: 3.93

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.

Accenture's adjusted book value per share data for the three months ended in May. 2026 was $52.121. 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 $35.29 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accenture  (NYSE:ACN) 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.


Accenture Cyclically Adjusted PB Ratio Related Terms


Accenture Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Accenture'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.

Accenture Cyclically Adjusted PB Ratio Chart

Accenture Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.07 14.96 13.75 12.51 8.23

Accenture Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 10.44 8.23 7.68 6.20 5.30

ACN vs FISV, FIS, CTSH: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Accenture'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.


Accenture Cyclically Adjusted PB Ratio vs Software Industry

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

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


ACN
77GF Score
Accenture PLC ACN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Accenture 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.

Accenture's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=138.52/35.29
=3.93

* 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.

Accenture's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=52.121/128.4300*128.4300
=52.121

Current CPI (May. 2026) = 128.4300.

Accenture Quarterly Data

Book Value per Share CPI Adj_Book
201608 12.173 100.673 15.529
201611 11.947 99.676 15.393
201702 12.844 99.776 16.533
201705 13.218 100.573 16.879
201708 14.539 101.072 18.474
201711 14.791 100.174 18.963
201802 15.674 100.274 20.075
201805 15.287 100.972 19.444
201808 16.219 101.769 20.468
201811 19.892 100.773 25.351
201902 20.907 100.872 26.619
201905 21.559 101.969 27.154
201908 22.664 102.467 28.407
201911 23.885 101.869 30.113
202002 24.284 101.969 30.586
202005 25.182 101.470 31.873
202008 26.808 101.470 33.931
202011 28.261 100.773 36.017
202102 28.802 101.570 36.419
202105 30.488 103.165 37.955
202108 30.897 104.361 38.023
202111 32.200 106.155 38.957
202202 32.459 107.251 38.869
202205 33.819 111.239 39.046
202208 35.024 113.383 39.672
202211 36.500 115.677 40.524
202302 37.643 116.402 41.533
202305 40.159 118.696 43.452
202308 40.895 120.628 43.540
202311 42.547 120.145 45.481
202402 43.132 120.386 46.014
202405 44.276 121.835 46.673
202408 45.242 122.681 47.362
202411 46.703 121.352 49.427
202502 46.686 122.560 48.922
202505 49.065 123.888 50.864
202508 50.165 125.050 51.521
202511 50.162 125.170 51.468
202602 50.762 125.770 51.836
202605 52.121 128.430 52.121

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 3.93 mean?
Accenture (ACN) has a Cyclically Adjusted PB Ratio of 3.93 as of Jul. 14, 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 Accenture and its competitors. This is 78% below median its historical median of 17.50. Over the past decade, Accenture's Cyclically Adjusted PB Ratio has ranged from 3.63 to 25.65. According to the industry distribution chart, Accenture ranks #1089 out of 1598 companies in the Software industry, placing it in the top 68.1%.
Is Accenture's Cyclically Adjusted PB Ratio too high?
Accenture's current Cyclically Adjusted PB Ratio of 3.93 is 78% below median its 10-year median of 17.50. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 25.65. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Accenture's value of 3.93 is 69% above this industry median. Based on the distribution chart, Accenture ranks #1089 out of 1598 companies in the Software industry, which is below the industry midpoint. Overall, Accenture has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Accenture's Cyclically Adjusted PB Ratio compare to FISV and FIS?
According to the Software industry distribution chart, Accenture ranks #1089 out of 1598 companies for Cyclically Adjusted PB Ratio. This places Accenture in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.33. Accenture's value of 3.93 is 69% above this benchmark. Historically, Accenture's own Cyclically Adjusted PB Ratio has ranged from 3.63 to 25.65 over the past decade. While the company's 10-year median is 17.50 vs. the industry median of 2.33, Accenture 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.33, based on 1,598 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. Accenture's current Cyclically Adjusted PB Ratio of 3.93 is 69% 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 Accenture and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accenture's current Cyclically Adjusted PB Ratio is 3.93, which is 78% below median its own 10-year median of 17.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accenture stock overvalued right now?
Based on GuruFocus' analysis, Accenture (ACN) is currently considered Significantly Undervalued. The stock's GF Value™ is $354.95, compared to a current price of $138.52 — trading 61% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.93, which is 78% below median its 10-year median of 17.50 and 69% above the Software industry median of 2.33. Accenture's overall GF Score™ is 77/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Accenture (ACN), the current Cyclically Adjusted PB Ratio is 3.93 as of Jul. 14, 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 Accenture (ACN) Overvalued in 2026?

Based on GuruFocus' analysis, Accenture stock appears to be undervalued. The current stock price of $138.52 is trading 61% below its estimated GF Value™ of $354.95. GuruFocus considers Accenture to be Significantly Undervalued.

Key valuation signals for ACN:

  • Cyclically Adjusted PB Ratio: 3.93 (78% below median its 10-year median of 17.50)
  • GF Value™: $354.95 vs. price of $138.52 (61% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 69% above the Software median (#1089 of 1598)

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


Accenture Business Description

Address 1 Grand Canal Square, Grand Canal Harbour, Dublin, IRL, 2
Accenture is a leading IT services firm that provides consulting, system integration, and business process outsourcing to enterprises around the world. Customers of Accenture come from a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture is the world's largest professional services company by headcount, with around 800,000 employees in over 120 countries.
77GF Score

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

$138.52
Price
$354.95
GF Value