AZTA (Azenta) Cyclically Adjusted PB Ratio: 1.15 (As of Aug. 28, 2026) — 63% 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.

AZTA Azenta Inc AZTA
78 GF Score
Price $32.96
GF Value $52.25
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Azenta Cyclically Adjusted PB Ratio?

Azenta AZTA -1.95% 78 Cyclically Adjusted PB Ratio is 1.15 as of Aug. 28, 2026, which is 63% below its 10-year median of 3.08. GuruFocus rates AZTA with a GF Score™ of 78/100 and a GF Value™ of $52.25 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 514 Medical Devices & Instruments companies, Azenta ranks better than 64.59% on this metric.

As of today (2026-08-28), Azenta's current share price is $32.96. Azenta's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $28.54. Azenta's Cyclically Adjusted PB Ratio for today is 1.15.

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

AZTA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 3.08   Max: 10.27
Current: 1.18

During the past years, Azenta's highest Cyclically Adjusted PB Ratio was 10.27. The lowest was 0.58. And the median was 3.08.

AZTA's Cyclically Adjusted PB Ratio is ranked better than
64.59% of 514 companies
in the Medical Devices & Instruments industry
Industry Median: 1.86 vs AZTA: 1.18

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.

Azenta's adjusted book value per share data for the three months ended in Jun. 2026 was $34.505. 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 $28.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Azenta  (NAS:AZTA) 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.


Azenta Cyclically Adjusted PB Ratio Related Terms


Azenta Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Azenta'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.

Azenta Cyclically Adjusted PB Ratio Chart

Azenta Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.55 2.71 2.57 2.12 1.10

Azenta 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 1.22 1.10 1.25 0.76 0.89

AZTA vs KMTS, STAA, BLFS: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, Azenta'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.


Azenta Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


AZTA
78GF Score
Azenta Inc AZTA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azenta 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.96/28.54
=1.15

* 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.

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

For example, Azenta'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)
=34.505/333.9520*333.9520
=34.505

Current CPI (Jun. 2026) = 333.9520.

Azenta Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.067 241.428 11.159
201612 7.953 241.432 11.001
201703 8.193 243.801 11.223
201706 8.455 244.955 11.527
201709 8.701 246.819 11.773
201712 8.888 246.524 12.040
201803 9.893 249.554 13.239
201806 10.083 251.989 13.363
201809 10.153 252.439 13.431
201812 10.148 251.233 13.489
201903 10.119 254.202 13.294
201906 10.221 256.143 13.326
201909 15.754 256.759 20.490
201912 15.739 256.974 20.454
202003 15.744 258.115 20.370
202006 15.928 257.797 20.633
202009 16.438 260.280 21.091
202012 16.873 260.474 21.633
202103 17.041 264.877 21.485
202106 17.603 271.696 21.637
202109 17.826 274.310 21.702
202112 18.253 278.802 21.864
202203 46.210 287.504 53.676
202206 45.711 296.311 51.518
202209 44.833 296.808 50.444
202212 41.582 296.797 46.788
202303 41.871 301.836 46.326
202306 44.505 305.109 48.712
202309 43.825 307.789 47.550
202312 43.858 306.746 47.748
202403 40.701 312.332 43.518
202406 39.496 314.175 41.982
202409 38.794 315.301 41.089
202412 37.621 315.605 39.808
202503 37.170 319.799 38.815
202506 36.554 322.561 37.845
202509 37.659 324.800 38.720
202512 37.264 324.054 38.402
202603 33.731 330.213 34.113
202606 34.505 333.952 34.505

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 1.15 mean?
Azenta (AZTA) has a Cyclically Adjusted PB Ratio of 1.15 as of Aug. 28, 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 Azenta and its competitors. This is 63% below median its historical median of 3.08. Over the past decade, Azenta's Cyclically Adjusted PB Ratio has ranged from 0.58 to 10.27. According to the industry distribution chart, Azenta ranks #182 out of 514 companies in the Medical Devices & Instruments industry, placing it in the top 35.4%.
Is Azenta's Cyclically Adjusted PB Ratio too high?
Azenta's current Cyclically Adjusted PB Ratio of 1.15 is 63% below median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 10.27. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.86. Azenta's value of 1.15 is 38.2% below this industry median. Based on the distribution chart, Azenta ranks #182 out of 514 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Azenta has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azenta's Cyclically Adjusted PB Ratio compare to KMTS and STAA?
According to the Medical Devices & Instruments industry distribution chart, Azenta ranks #182 out of 514 companies for Cyclically Adjusted PB Ratio. This puts Azenta in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.86. Azenta's value of 1.15 is 38.2% below this benchmark. Historically, Azenta's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 10.27 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 1.86, Azenta 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 1.86, 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. Azenta's current Cyclically Adjusted PB Ratio of 1.15 is 38.2% 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 Azenta and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azenta's current Cyclically Adjusted PB Ratio is 1.15, which is 63% below median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azenta stock overvalued right now?
Based on GuruFocus' analysis, Azenta (AZTA) is currently considered Significantly Undervalued. The stock's GF Value™ is $52.25, compared to a current price of $32.96 — trading 36.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.15, which is 63% below median its 10-year median of 3.08 and 38.2% below the Medical Devices & Instruments industry median of 1.86. Azenta's overall GF Score™ is 78/100 with 1 warning sign 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 Azenta (AZTA), the current Cyclically Adjusted PB Ratio is 1.15 as of Aug. 28, 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 Azenta (AZTA) Overvalued in 2026?

Based on GuruFocus' analysis, Azenta stock appears to be undervalued. The current stock price of $32.96 is trading 36.9% below its estimated GF Value™ of $52.25. GuruFocus considers Azenta to be Significantly Undervalued.

Key valuation signals for AZTA:

  • Cyclically Adjusted PB Ratio: 1.15 (63% below median its 10-year median of 3.08)
  • GF Value™: $52.25 vs. price of $32.96 (36.9% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 38.2% below the Medical Devices & Instruments median (#182 of 514)

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


Azenta Business Description

Other Exchanges 0HQ1:UKBA3:Germany
Address 200 Summit Drive, 6th Floor, Burlington, MA, USA, 01803
Azenta Inc provides biological and chemical sample exploration and management solutions, using precision automation and cryogenics to develop automated ultra-cold storage. It serves customers from research to commercialization with sample management, automated storage, genomic services, consumables, informatics, and repository services. The company operates through two segments: Sample Management Solutions, offering SRS and Core Products such as automated stores, cryogenic systems, sample tubes, consumables, instruments, and thawing devices, which generate majority of its revenue; and Multiomics, which provides genomic analysis services. The company operates in United States, China, United Kingdom, rest of Europe, and others, with majority of its revenue in the United States.
78GF Score

Get the complete analysis for AZTA

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

$32.96
Price
$52.25
GF Value