ANGO (AngioDynamics) Cyclically Adjusted PB Ratio: 1.17 (As of Aug. 21, 2026) — 23% Above 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.

ANGO AngioDynamics Inc ANGO
59 GF Score
Price $15.82
GF Value $9.57
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is AngioDynamics Cyclically Adjusted PB Ratio?

AngioDynamics ANGO -1.56% 59 Cyclically Adjusted PB Ratio is 1.17 as of Aug. 21, 2026, which is 23% above its 10-year median of 0.95. GuruFocus rates ANGO with a GF Score™ of 59/100 and a GF Value™ of $9.57 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 519 Medical Devices & Instruments companies, AngioDynamics ranks better than 65.32% on this metric.

As of today (2026-08-21), AngioDynamics's current share price is $15.815. AngioDynamics's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $13.54. AngioDynamics's Cyclically Adjusted PB Ratio for today is 1.17.

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

ANGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.95   Max: 1.89
Current: 1.17

During the past years, AngioDynamics's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.34. And the median was 0.95.

ANGO's Cyclically Adjusted PB Ratio is ranked better than
65.32% of 519 companies
in the Medical Devices & Instruments industry
Industry Median: 1.88 vs ANGO: 1.17

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.

AngioDynamics's adjusted book value per share data for the three months ended in May. 2026 was $4.097. 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 $13.54 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AngioDynamics  (NAS:ANGO) 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.


AngioDynamics Cyclically Adjusted PB Ratio Related Terms


AngioDynamics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AngioDynamics'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.

AngioDynamics Cyclically Adjusted PB Ratio Chart

AngioDynamics Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.57 0.40 0.70 0.85

AngioDynamics 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 0.70 0.72 0.89 0.84 0.85

ANGO vs NNNN, OSUR, SMTI: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, AngioDynamics'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.


AngioDynamics Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AngioDynamics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ANGO
59GF Score
AngioDynamics Inc ANGO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AngioDynamics 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.815/13.54
=1.17

* 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.

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

For example, AngioDynamics'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)
=4.097/335.1230*335.1230
=4.097

Current CPI (May. 2026) = 335.1230.

AngioDynamics Quarterly Data

Book Value per Share CPI Adj_Book
201608 13.956 240.849 19.419
201611 14.336 241.353 19.906
201702 14.458 243.603 19.890
201705 13.980 244.733 19.143
201708 13.986 245.519 19.090
201711 14.045 246.669 19.081
201802 14.481 248.991 19.490
201805 14.576 251.588 19.416
201808 14.534 252.146 19.317
201811 14.653 252.038 19.483
201902 14.742 252.776 19.545
201905 16.345 256.092 21.389
201908 16.164 256.558 21.114
201911 16.155 257.208 21.049
202002 16.038 258.678 20.778
202005 11.945 256.394 15.613
202008 11.874 259.918 15.310
202011 11.853 260.229 15.264
202102 11.814 263.014 15.053
202105 11.399 269.195 14.191
202108 11.172 273.567 13.686
202111 11.062 277.948 13.337
202202 10.976 283.716 12.965
202205 10.837 292.296 12.425
202208 10.488 296.171 11.867
202211 10.327 297.711 11.625
202302 10.040 300.840 11.184
202305 9.550 304.127 10.523
202308 10.637 307.026 11.610
202311 9.975 307.051 10.887
202402 5.410 310.326 5.842
202405 5.085 314.069 5.426
202408 4.794 314.796 5.104
202411 4.574 315.493 4.859
202502 4.537 319.082 4.765
202505 4.463 321.465 4.653
202508 4.315 323.976 4.463
202511 4.241 324.122 4.385
202602 4.159 326.785 4.265
202605 4.097 335.123 4.097

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 1.17 mean?
AngioDynamics (ANGO) has a Cyclically Adjusted PB Ratio of 1.17 as of Aug. 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 AngioDynamics and its competitors. This is 23% above median its historical median of 0.95. Over the past decade, AngioDynamics' Cyclically Adjusted PB Ratio has ranged from 0.34 to 1.89. According to the industry distribution chart, AngioDynamics ranks #180 out of 519 companies in the Medical Devices & Instruments industry, placing it in the top 34.7%.
Is AngioDynamics' Cyclically Adjusted PB Ratio too high?
AngioDynamics' current Cyclically Adjusted PB Ratio of 1.17 is 23% above median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.89. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.88. AngioDynamics' value of 1.17 is 37.8% below this industry median. Based on the distribution chart, AngioDynamics ranks #180 out of 519 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, AngioDynamics has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AngioDynamics' Cyclically Adjusted PB Ratio compare to NNNN and OSUR?
According to the Medical Devices & Instruments industry distribution chart, AngioDynamics ranks #180 out of 519 companies for Cyclically Adjusted PB Ratio. This puts AngioDynamics in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.88. AngioDynamics' value of 1.17 is 37.8% below this benchmark. Historically, AngioDynamics' own Cyclically Adjusted PB Ratio has ranged from 0.34 to 1.89 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.88, AngioDynamics 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.88, based on 519 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. AngioDynamics's current Cyclically Adjusted PB Ratio of 1.17 is 37.8% 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 AngioDynamics and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AngioDynamics's current Cyclically Adjusted PB Ratio is 1.17, which is 23% above median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AngioDynamics stock overvalued right now?
Based on GuruFocus' analysis, AngioDynamics (ANGO) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.57, compared to a current price of $15.82 — trading 65.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.17, which is 23% above median its 10-year median of 0.95 and 37.8% below the Medical Devices & Instruments industry median of 1.88. AngioDynamics' overall GF Score™ is 59/100 with 7 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 AngioDynamics (ANGO), the current Cyclically Adjusted PB Ratio is 1.17 as of Aug. 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 AngioDynamics (ANGO) Overvalued in 2026?

Based on GuruFocus' analysis, AngioDynamics stock appears to be overvalued. The current stock price of $15.82 is trading 65.3% above its estimated GF Value™ of $9.57. GuruFocus considers AngioDynamics to be Significantly Overvalued.

Key valuation signals for ANGO:

  • Cyclically Adjusted PB Ratio: 1.17 (23% above median its 10-year median of 0.95)
  • GF Value™: $9.57 vs. price of $15.82 (65.3% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 37.8% below the Medical Devices & Instruments median (#180 of 519)

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


AngioDynamics Business Description

Other Exchanges UG2:GermanyUG2:Germany
Address 14 Plaza Drive, Latham, NY, USA, 12110
AngioDynamics Inc designs manufactures, and sells medical, surgical, and diagnostic devices used by professional healthcare providers for the treatment of peripheral vascular disease and for use in oncology and surgical settings. Geographically, the company derives a majority of its revenue from the United States from sale of Med Tech and Med Device.
59GF Score

Get the complete analysis for ANGO

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

$15.82
Price
$9.57
GF Value