ASAPF (Aurora Spine) Cyclically Adjusted PB Ratio: 1.90 (As of Sep. 05, 2026) — 21% Below Median

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ASAPF Aurora Spine Corp ASAPF
36 GF Score
Price $0.13
GF Value $0.25
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Aurora Spine Cyclically Adjusted PB Ratio?

Aurora Spine ASAPF -4.33% 36 Cyclically Adjusted PB Ratio is 1.90 as of Sep. 05, 2026, which is 21% below its 10-year median of 2.41. GuruFocus rates ASAPF with a GF Score™ of 36/100 and a GF Value™ of $0.25 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 514 Medical Devices & Instruments companies, Aurora Spine ranks worse than 50.39% on this metric.

As of today (2026-09-05), Aurora Spine's current share price is $0.13308. Aurora Spine's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.07. Aurora Spine's Cyclically Adjusted PB Ratio for today is 1.90.

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

ASAPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.41   Max: 3.62
Current: 1.64

During the past years, Aurora Spine's highest Cyclically Adjusted PB Ratio was 3.62. The lowest was 1.44. And the median was 2.41.

ASAPF's Cyclically Adjusted PB Ratio is ranked worse than
50.39% of 514 companies
in the Medical Devices & Instruments industry
Industry Median: 1.835 vs ASAPF: 1.64

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.

Aurora Spine's adjusted book value per share data for the three months ended in Jun. 2026 was $0.036. 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 $0.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurora Spine  (OTCPK:ASAPF) 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.


Aurora Spine Cyclically Adjusted PB Ratio Related Terms


Aurora Spine Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aurora Spine'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.

Aurora Spine Cyclically Adjusted PB Ratio Chart

Aurora Spine 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 2.97 2.58 3.11 2.59

Aurora Spine 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 2.78 2.74 2.59 2.72 2.62

ASAPF vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Aurora Spine'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.


Aurora Spine Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


ASAPF
36GF Score
Aurora Spine Corp ASAPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aurora Spine 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.

Aurora Spine's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.13308/0.07
=1.90

* 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.

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

For example, Aurora Spine'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)
=0.036/133.5265*133.5265
=0.036

Current CPI (Jun. 2026) = 133.5265.

Aurora Spine Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.128 101.765 0.168
201612 0.104 101.449 0.137
201703 0.088 102.634 0.114
201706 0.078 103.029 0.101
201709 0.069 103.345 0.089
201712 0.046 103.345 0.059
201803 0.049 105.004 0.062
201806 0.050 105.557 0.063
201809 0.053 105.636 0.067
201812 0.064 105.399 0.081
201903 0.059 106.979 0.074
201906 0.059 107.690 0.073
201909 0.050 107.611 0.062
201912 0.038 107.769 0.047
202003 0.052 107.927 0.064
202006 0.053 108.401 0.065
202009 0.059 108.164 0.073
202012 0.059 108.559 0.073
202103 0.053 110.298 0.064
202106 0.041 111.720 0.049
202109 0.096 112.905 0.114
202112 0.083 113.774 0.097
202203 0.078 117.646 0.089
202206 0.076 120.806 0.084
202209 0.075 120.648 0.083
202212 0.064 120.964 0.071
202303 0.064 122.702 0.070
202306 0.057 124.203 0.061
202309 0.054 125.230 0.058
202312 0.068 125.072 0.073
202403 0.065 126.258 0.069
202406 0.064 127.522 0.067
202409 0.065 127.285 0.068
202412 0.057 127.364 0.060
202503 0.053 129.181 0.055
202506 0.051 129.892 0.052
202509 0.049 130.287 0.050
202512 0.049 130.366 0.050
202603 0.046 132.262 0.046
202606 0.036 133.527 0.036

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 1.90 mean?
Aurora Spine (ASAPF) has a Cyclically Adjusted PB Ratio of 1.90 as of Sep. 05, 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 Aurora Spine and its competitors. This is 21% below median its historical median of 2.41. Over the past decade, Aurora Spine's Cyclically Adjusted PB Ratio has ranged from 1.44 to 3.62. According to the industry distribution chart, Aurora Spine ranks #259 out of 514 companies in the Medical Devices & Instruments industry, placing it in the top 50.4%.
Is Aurora Spine's Cyclically Adjusted PB Ratio too high?
Aurora Spine's current Cyclically Adjusted PB Ratio of 1.90 is 21% below median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 3.62. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.84. Aurora Spine's value of 1.90 is 3.5% above this industry median. Based on the distribution chart, Aurora Spine ranks #259 out of 514 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Aurora Spine has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aurora Spine's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Aurora Spine ranks #259 out of 514 companies for Cyclically Adjusted PB Ratio. This places Aurora Spine in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.84. Aurora Spine's value of 1.90 is 3.5% above this benchmark. Historically, Aurora Spine's own Cyclically Adjusted PB Ratio has ranged from 1.44 to 3.62 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 1.84, Aurora Spine 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 Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.84, based on 514 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. Aurora Spine's current Cyclically Adjusted PB Ratio of 1.90 is 3.5% 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 Aurora Spine and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aurora Spine's current Cyclically Adjusted PB Ratio is 1.90, which is 21% below median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurora Spine stock overvalued right now?
Based on GuruFocus' analysis, Aurora Spine (ASAPF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.25, compared to a current price of $0.13 — trading 46.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.90, which is 21% below median its 10-year median of 2.41 and 3.5% above the Medical Devices & Instruments industry median of 1.84. Aurora Spine's overall GF Score™ is 36/100 with 4 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 Aurora Spine (ASAPF), the current Cyclically Adjusted PB Ratio is 1.90 as of Sep. 05, 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 Aurora Spine (ASAPF) Overvalued in 2026?

Based on GuruFocus' analysis, Aurora Spine stock appears to be undervalued. The current stock price of $0.13 is trading 46.8% below its estimated GF Value™ of $0.25. GuruFocus considers Aurora Spine to be Possible Value Trap.

Key valuation signals for ASAPF:

  • Cyclically Adjusted PB Ratio: 1.90 (21% below median its 10-year median of 2.41)
  • GF Value™: $0.25 vs. price of $0.13 (46.8% below fair value)
  • GF Score™: 36/100 with 4 warning signs
  • Industry Position: 3.5% above the Medical Devices & Instruments median (#259 of 514)

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


Aurora Spine Business Description

Other Exchanges ASG:Canada
Address 20 Holly Street, Suite 300, Toronto, ON, CAN, M4S 3B1
Aurora Spine Corp is engaged in the development, manufacture, and sale of minimally invasive, interspinous fusion systems and devices. These 510K and patent protected medical devices improve patient outcomes in the area of spine and sacroiliac joint surgical procedures. The company is focused on bringing new solutions to the spinal implant market through a series of minimally invasive, regenerative spinal implant technologies.
36GF Score

Get the complete analysis for ASAPF

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

$0.13
Price
$0.25
GF Value