Ainos (AIMD) Cyclically Adjusted PB Ratio: 0.14 (As of Sep. 09, 2026) — 48% Below 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.

AIMD Ainos Inc AIMD
22 GF Score
Price $1.48
GF Value $0.11
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Ainos Cyclically Adjusted PB Ratio?

Ainos AIMD -6.33% 22 Cyclically Adjusted PB Ratio is 0.14 as of Sep. 09, 2026, which is 48% below its 10-year median of 0.27. GuruFocus rates AIMD with a GF Score™ of 22/100 and a GF Value™ of $0.11 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,929 Hardware companies, Ainos ranks better than 97.46% on this metric.

As of today (2026-09-09), Ainos's current share price is $1.48. Ainos's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $10.57. Ainos's Cyclically Adjusted PB Ratio for today is 0.14.

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

AIMD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.27   Max: 0.46
Current: 0.14

During the past years, Ainos's highest Cyclically Adjusted PB Ratio was 0.46. The lowest was 0.13. And the median was 0.27.

AIMD's Cyclically Adjusted PB Ratio is ranked better than
97.46% of 1929 companies
in the Hardware industry
Industry Median: 2.06 vs AIMD: 0.14

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.

Ainos's adjusted book value per share data for the three months ended in Jun. 2026 was $0.445. 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 $10.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ainos  (NAS:AIMD) 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.


Ainos Cyclically Adjusted PB Ratio Related Terms


Ainos Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ainos'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.

Ainos Cyclically Adjusted PB Ratio Chart

Ainos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.26 0.17

Ainos Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.31 0.36 0.17 0.14 0.18

AIMD vs SCND, LCTC, ARAI: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Ainos'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.


Ainos Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


AIMD
22GF Score
Ainos Inc AIMD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ainos 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.48/10.57
=0.14

* 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.

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

For example, Ainos'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)
=0.445/333.9520*333.9520
=0.445

Current CPI (Jun. 2026) = 333.9520.

Ainos Quarterly Data

Book Value per Share CPI Adj_Book
201609 -8.544 241.428 -11.818
201612 -13.966 241.432 -19.318
201703 -15.100 243.801 -20.684
201706 -14.517 244.955 -19.791
201709 -15.790 246.819 -21.364
201712 7.597 246.524 10.291
201803 10.754 249.554 14.391
201806 6.391 251.989 8.470
201809 8.182 252.439 10.824
201812 7.019 251.233 9.330
201903 5.208 254.202 6.842
201906 2.264 256.143 2.952
201909 0.738 256.759 0.960
201912 -1.454 256.974 -1.890
202003 -4.009 258.115 -5.187
202006 -4.991 257.797 -6.465
202009 -7.128 260.280 -9.146
202012 -7.482 260.474 -9.593
202103 -11.411 264.877 -14.387
202106 48.037 271.696 59.044
202109 45.095 274.310 54.900
202112 26.486 278.802 31.725
202203 20.995 287.504 24.387
202206 15.600 296.311 17.582
202209 46.760 296.808 52.612
202212 43.285 296.797 48.704
202303 40.423 301.836 44.724
202306 37.432 305.109 40.971
202309 34.090 307.789 36.988
202312 26.120 306.746 28.437
202403 18.453 312.332 19.730
202406 14.014 314.175 14.896
202409 6.523 315.301 6.909
202412 5.029 315.605 5.321
202503 3.811 319.799 3.980
202506 2.681 322.561 2.776
202509 2.095 324.800 2.154
202512 1.286 324.054 1.325
202603 0.932 330.213 0.943
202606 0.445 333.952 0.445

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 0.14 mean?
Ainos (AIMD) has a Cyclically Adjusted PB Ratio of 0.14 as of Sep. 09, 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 Ainos and its competitors. This is 48% below median its historical median of 0.27. Over the past decade, Ainos' Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.46. According to the industry distribution chart, Ainos ranks #49 out of 1929 companies in the Hardware industry, placing it in the top 2.5%.
Is Ainos' Cyclically Adjusted PB Ratio too high?
Ainos' current Cyclically Adjusted PB Ratio of 0.14 is 48% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.46. The Hardware industry median Cyclically Adjusted PB Ratio is 2.06. Ainos' value of 0.14 is 93.2% below this industry median. Based on the distribution chart, Ainos ranks #49 out of 1929 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Ainos has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ainos' Cyclically Adjusted PB Ratio compare to SCND and LCTC?
According to the Hardware industry distribution chart, Ainos ranks #49 out of 1929 companies for Cyclically Adjusted PB Ratio. This places Ainos in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.06. Ainos' value of 0.14 is 93.2% below this benchmark. Historically, Ainos' own Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.46 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 2.06, Ainos has consistently been below 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.06, based on 1,929 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. Ainos's current Cyclically Adjusted PB Ratio of 0.14 is 93.2% below 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 Ainos and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ainos's current Cyclically Adjusted PB Ratio is 0.14, which is 48% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ainos stock overvalued right now?
Based on GuruFocus' analysis, Ainos (AIMD) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.11, compared to a current price of $1.48 — trading 1245.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.14, which is 48% below median its 10-year median of 0.27 and 93.2% below the Hardware industry median of 2.06. Ainos' overall GF Score™ is 22/100 with 9 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 Ainos (AIMD), the current Cyclically Adjusted PB Ratio is 0.14 as of Sep. 09, 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 Ainos (AIMD) Overvalued in 2026?

Based on GuruFocus' analysis, Ainos stock appears to be overvalued. The current stock price of $1.48 is trading 1245.5% above its estimated GF Value™ of $0.11. GuruFocus considers Ainos to be Significantly Overvalued.

Key valuation signals for AIMD:

  • Cyclically Adjusted PB Ratio: 0.14 (48% below median its 10-year median of 0.27)
  • GF Value™: $0.11 vs. price of $1.48 (1245.5% above fair value)
  • GF Score™: 22/100 with 9 warning signs
  • Industry Position: 93.2% below the Hardware median (#49 of 1929)

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


Ainos Business Description

Address 3050 Post Oak Boulevard, Suite 510-T80, Houston, TX, USA, 77056
Ainos Inc is a dual-platform company advancing artificial intelligence based smelltech technologies and immune therapeutics. Its primary strategic focus is the commercialization of its proprietary scent digitization platform, AI Nose, while the company also continue to develop therapeutic assets based on its low-dose oral interferon program, VELDONA. Its core technology platform, AI Nose, is an AI-based electronic olfaction system that integrates gas sensor arrays with proprietary artificial intelligence models, which it refers to as a smell language model (SLM), to digitize scent and volatile organic compound (VOC) signals into Smell ID, a machine-readable data format.
22GF Score

Get the complete analysis for AIMD

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

$1.48
Price
$0.11
GF Value