AIOT (PowerFleet) Cyclically Adjusted PB Ratio: 1.50 (As of Jul. 21, 2026) — 15% Below Median

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AIOT PowerFleet Inc AIOT
55 GF Score
Price $4.17
GF Value $4.04
Valuation Fairly Valued
! 5 Warning Signs
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What is PowerFleet Cyclically Adjusted PB Ratio?

PowerFleet AIOT -3.47% 55 Cyclically Adjusted PB Ratio is 1.50 as of Jul. 21, 2026, which is 15% below its 10-year median of 1.76. GuruFocus rates AIOT with a GF Score™ of 55/100 and a GF Value™ of $4.04 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,595 Software companies, PowerFleet ranks better than 62.07% on this metric.

As of today (2026-07-21), PowerFleet's current share price is $4.165. PowerFleet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.77. PowerFleet's Cyclically Adjusted PB Ratio for today is 1.50.

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

AIOT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.76   Max: 3.43
Current: 1.56

During the past years, PowerFleet's highest Cyclically Adjusted PB Ratio was 3.43. The lowest was 0.73. And the median was 1.76.

AIOT's Cyclically Adjusted PB Ratio is ranked better than
62.07% of 1595 companies
in the Software industry
Industry Median: 2.26 vs AIOT: 1.56

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.

PowerFleet's adjusted book value per share data for the three months ended in Mar. 2026 was $3.544. 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 $2.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PowerFleet  (NAS:AIOT) 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.


PowerFleet Cyclically Adjusted PB Ratio Related Terms


PowerFleet Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PowerFleet'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.

PowerFleet Cyclically Adjusted PB Ratio Chart

PowerFleet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.06 1.42 2.16 1.11

PowerFleet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.16 1.66 1.98 1.99 1.11

AIOT vs OWLS, RPD, GRRR: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, PowerFleet'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.


PowerFleet Cyclically Adjusted PB Ratio vs Software Industry

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

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


AIOT
55GF Score
PowerFleet Inc AIOT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PowerFleet 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.165/2.77
=1.50

* 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.

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

For example, PowerFleet'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)
=3.544/330.2130*330.2130
=3.544

Current CPI (Mar. 2026) = 330.2130.

PowerFleet Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.409 241.018 1.930
201609 1.286 241.428 1.759
201612 1.162 241.432 1.589
201703 1.120 243.801 1.517
201706 1.108 244.955 1.494
201709 1.915 246.819 2.562
201712 1.891 246.524 2.533
201803 1.818 249.554 2.406
201806 1.784 251.989 2.338
201809 1.850 252.439 2.420
201812 1.736 251.233 2.282
201903 1.632 254.202 2.120
201906 1.512 256.143 1.949
201909 1.485 256.759 1.910
201912 2.831 256.974 3.638
202003 2.625 258.115 3.358
202006 2.589 257.797 3.316
202009 2.559 260.280 3.247
202012 2.547 260.474 3.229
202103 2.858 264.877 3.563
202106 2.845 271.696 3.458
202109 2.745 274.310 3.304
202112 2.567 278.802 3.040
202203 2.449 287.504 2.813
202206 2.411 296.311 2.687
202209 2.341 296.808 2.604
202212 1.905 296.797 2.119
202303 2.446 301.836 2.676
202306 2.349 305.109 2.542
202309 2.158 307.789 2.315
202312 1.546 306.746 1.664
202403 0.000 312.332 0.000
202406 3.629 314.175 3.814
202409 4.182 315.301 4.380
202412 3.460 315.605 3.620
202503 3.350 319.799 3.459
202506 3.453 322.561 3.535
202509 3.504 324.800 3.562
202512 3.619 324.054 3.688
202603 3.544 330.213 3.544

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 1.50 mean?
PowerFleet (AIOT) has a Cyclically Adjusted PB Ratio of 1.50 as of Jul. 21, 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 PowerFleet and its competitors. This is 15% below median its historical median of 1.76. Over the past decade, PowerFleet's Cyclically Adjusted PB Ratio has ranged from 0.73 to 3.43. According to the industry distribution chart, PowerFleet ranks #605 out of 1595 companies in the Software industry, placing it in the top 37.9%.
Is PowerFleet's Cyclically Adjusted PB Ratio too high?
PowerFleet's current Cyclically Adjusted PB Ratio of 1.50 is 15% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 3.43. The Software industry median Cyclically Adjusted PB Ratio is 2.26. PowerFleet's value of 1.50 is 33.6% below this industry median. Based on the distribution chart, PowerFleet ranks #605 out of 1595 companies in the Software industry, which is above the industry midpoint. Overall, PowerFleet has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PowerFleet's Cyclically Adjusted PB Ratio compare to OWLS and RPD?
According to the Software industry distribution chart, PowerFleet ranks #605 out of 1595 companies for Cyclically Adjusted PB Ratio. This puts PowerFleet in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. PowerFleet's value of 1.50 is 33.6% below this benchmark. Historically, PowerFleet's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 3.43 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 2.26, PowerFleet 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,595 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. PowerFleet's current Cyclically Adjusted PB Ratio of 1.50 is 33.6% 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 PowerFleet and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PowerFleet's current Cyclically Adjusted PB Ratio is 1.50, which is 15% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PowerFleet stock overvalued right now?
Based on GuruFocus' analysis, PowerFleet (AIOT) is currently considered Fairly Valued. The stock's GF Value™ is $4.04, compared to a current price of $4.17 — trading 3.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.50, which is 15% below median its 10-year median of 1.76 and 33.6% below the Software industry median of 2.26. PowerFleet's overall GF Score™ is 55/100 with 5 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 PowerFleet (AIOT), the current Cyclically Adjusted PB Ratio is 1.50 as of Jul. 21, 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 PowerFleet (AIOT) Overvalued in 2026?

Based on GuruFocus' analysis, PowerFleet stock appears to be overvalued. The current stock price of $4.17 is trading 3.1% above its estimated GF Value™ of $4.04. GuruFocus considers PowerFleet to be Fairly Valued.

Key valuation signals for AIOT:

  • Cyclically Adjusted PB Ratio: 1.50 (15% below median its 10-year median of 1.76)
  • GF Value™: $4.04 vs. price of $4.17 (3.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 33.6% below the Software median (#605 of 1595)

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


PowerFleet Business Description

Other Exchanges PWR:South Africa3LO:Germany
Address 123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677
PowerFleet Inc provides artificial intelligence of things (AIoT) software-as-a-service (SaaS) solutions for the mobile asset industry globally. The company's Unity data highway and AIoT ecosystem ingest data from multiple data sources and deliver actionable insights through a Software-as-a-Service (SaaS) platform, for improving the performance of the mobile asset (such as forklifts, tuggers, trucks, rental cars, etc.), the individual in charge, and the business process. Its offerings include a variety of IoT devices integrated with software solutions for asset tracking, operational monitoring, AI-powered video safety, compliance management, and analytics under brands such as Powerfleet, Pointer, Cellocator, MiX by Powerfleet, and Fleet Complete. The company's key market is North America.
55GF Score

Get the complete analysis for AIOT

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

$4.17
Price
$4.04
GF Value