ASUR (Asure Software) Cyclically Adjusted PB Ratio: 1.01 (As of Jul. 11, 2026) — 59% Below Median


ASUR Asure Software Inc ASUR
72 GF Score
Price $7.82
GF Value $9.88
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Asure Software Cyclically Adjusted PB Ratio?

Asure Software ASUR +0.51% 72 Cyclically Adjusted PB Ratio is 1.01 as of Jul. 11, 2026, which is 59% below its 10-year median of 2.46. GuruFocus rates ASUR with a GF Score™ of 72/100 and a GF Value™ of $9.88 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,595 Software companies, Asure Software ranks better than 74.67% on this metric.

As of today (2026-07-11), Asure Software's current share price is $7.82. Asure Software's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.74. Asure Software's Cyclically Adjusted PB Ratio for today is 1.01.

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

ASUR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 2.46   Max: 11.41
Current: 1.01

During the past years, Asure Software's highest Cyclically Adjusted PB Ratio was 11.41. The lowest was 1.00. And the median was 2.46.

ASUR's Cyclically Adjusted PB Ratio is ranked better than
74.67% of 1595 companies
in the Software industry
Industry Median: 2.33 vs ASUR: 1.01

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.

Asure Software's adjusted book value per share data for the three months ended in Mar. 2026 was $6.988. 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 $7.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asure Software  (NAS:ASUR) 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.


Asure Software Cyclically Adjusted PB Ratio Related Terms


Asure Software Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Asure Software'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.

Asure Software Cyclically Adjusted PB Ratio Chart

Asure Software 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 1.94 1.88 1.64 1.42 1.27

Asure Software 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 1.39 1.38 1.12 1.27 1.11

ASUR vs IMMR, SMRT, LAW: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Asure Software'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.


Asure Software Cyclically Adjusted PB Ratio vs Software Industry

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

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


ASUR
72GF Score
Asure Software Inc ASUR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Asure Software 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.

Asure Software's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.82/7.74
=1.01

* 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.

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

For example, Asure Software'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)
=6.988/330.2130*330.2130
=6.988

Current CPI (Mar. 2026) = 330.2130.

Asure Software Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.468 241.018 0.641
201609 0.533 241.428 0.729
201612 2.142 241.432 2.930
201703 2.103 243.801 2.848
201706 5.276 244.955 7.112
201709 5.183 246.819 6.934
201712 5.105 246.524 6.838
201803 5.139 249.554 6.800
201806 6.673 251.989 8.744
201809 6.555 252.439 8.575
201812 6.708 251.233 8.817
201903 6.560 254.202 8.522
201906 6.232 256.143 8.034
201909 6.009 256.759 7.728
201912 8.755 256.974 11.250
202003 8.666 258.115 11.087
202006 8.464 257.797 10.842
202009 8.183 260.280 10.382
202012 7.678 260.474 9.734
202103 7.605 264.877 9.481
202106 7.823 271.696 9.508
202109 8.110 274.310 9.763
202112 7.901 278.802 9.358
202203 7.717 287.504 8.863
202206 7.425 296.311 8.275
202209 7.171 296.808 7.978
202212 7.166 296.797 7.973
202303 7.237 301.836 7.917
202306 7.090 305.109 7.673
202309 7.712 307.789 8.274
202312 7.667 306.746 8.254
202403 7.677 312.332 8.117
202406 7.544 314.175 7.929
202409 7.504 315.301 7.859
202412 7.398 315.605 7.740
202503 7.288 319.799 7.525
202506 7.099 322.561 7.267
202509 6.964 324.800 7.080
202512 7.045 324.054 7.179
202603 6.988 330.213 6.988

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 1.01 mean?
Asure Software (ASUR) has a Cyclically Adjusted PB Ratio of 1.01 as of Jul. 11, 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 Asure Software and its competitors. This is 59% below median its historical median of 2.46. Over the past decade, Asure Software's Cyclically Adjusted PB Ratio has ranged from 1.00 to 11.41. According to the industry distribution chart, Asure Software ranks #404 out of 1595 companies in the Software industry, placing it in the top 25.3%.
Is Asure Software's Cyclically Adjusted PB Ratio too high?
Asure Software's current Cyclically Adjusted PB Ratio of 1.01 is 59% below median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 11.41. The Software industry median Cyclically Adjusted PB Ratio is 2.33. Asure Software's value of 1.01 is 56.7% below this industry median. Based on the distribution chart, Asure Software ranks #404 out of 1595 companies in the Software industry, which is above the industry midpoint. Overall, Asure Software has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asure Software's Cyclically Adjusted PB Ratio compare to IMMR and SMRT?
According to the Software industry distribution chart, Asure Software ranks #404 out of 1595 companies for Cyclically Adjusted PB Ratio. This puts Asure Software in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.33. Asure Software's value of 1.01 is 56.7% below this benchmark. Historically, Asure Software's own Cyclically Adjusted PB Ratio has ranged from 1.00 to 11.41 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 2.33, Asure Software 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 2.33, 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. Asure Software's current Cyclically Adjusted PB Ratio of 1.01 is 56.7% 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 Asure Software 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. Asure Software's current Cyclically Adjusted PB Ratio is 1.01, which is 59% below median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asure Software stock overvalued right now?
Based on GuruFocus' analysis, Asure Software (ASUR) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.88, compared to a current price of $7.82 — trading 20.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.01, which is 59% below median its 10-year median of 2.46 and 56.7% below the Software industry median of 2.33. Asure Software's overall GF Score™ is 72/100 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 Asure Software (ASUR), the current Cyclically Adjusted PB Ratio is 1.01 as of Jul. 11, 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 Asure Software (ASUR) Overvalued in 2026?

Based on GuruFocus' analysis, Asure Software stock appears to be undervalued. The current stock price of $7.82 is trading 20.9% below its estimated GF Value™ of $9.88. GuruFocus considers Asure Software to be Modestly Undervalued.

Key valuation signals for ASUR:

  • Cyclically Adjusted PB Ratio: 1.01 (59% below median its 10-year median of 2.46)
  • GF Value™: $9.88 vs. price of $7.82 (20.9% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 56.7% below the Software median (#404 of 1595)

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


Asure Software Business Description

Address 405 Colorado Street, Suite 1800, Austin, TX, USA, 78701
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) software solutions delivered as Software-as-a-Service (SaaS) to businesses of all sizes. It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money, and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its products majorly in the United States.
72GF 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.

$7.82
Price
$9.88
GF Value