BOXL (Boxlight) Cyclically Adjusted PB Ratio: 0.01 (As of Aug. 20, 2026) — 80% Below Median

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BOXL Boxlight Corp BOXL
37 GF Score
Price $5.40
GF Value $10.49
Valuation Possible Value Trap
! 5 Warning Signs
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What is Boxlight Cyclically Adjusted PB Ratio?

Boxlight BOXL +2.66% 37 Cyclically Adjusted PB Ratio is 0.01 as of Aug. 20, 2026, which is 80% below its 10-year median of 0.05. GuruFocus rates BOXL with a GF Score™ of 37/100 and a GF Value™ of $10.49 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,953 Hardware companies, Boxlight ranks better than 99.95% on this metric.

As of today (2026-08-20), Boxlight's current share price is $5.3999. Boxlight's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $770.60. Boxlight's Cyclically Adjusted PB Ratio for today is 0.01.

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

BOXL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.14
Current: 0.01

During the past years, Boxlight's highest Cyclically Adjusted PB Ratio was 0.14. The lowest was 0.01. And the median was 0.05.

BOXL's Cyclically Adjusted PB Ratio is ranked better than
99.95% of 1953 companies
in the Hardware industry
Industry Median: 2.09 vs BOXL: 0.01

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.

Boxlight's adjusted book value per share data for the three months ended in Jun. 2026 was $-2.133. 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 $770.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boxlight  (NAS:BOXL) 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.


Boxlight Cyclically Adjusted PB Ratio Related Terms


Boxlight Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Boxlight'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.

Boxlight Cyclically Adjusted PB Ratio Chart

Boxlight 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 0.00 0.00 0.05 0.01

Boxlight 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 0.06 0.10 0.01 0.01 0.01

BOXL vs GMEX, CAPC, RIME: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Boxlight'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.


Boxlight Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


BOXL
37GF Score
Boxlight Corp BOXL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Boxlight 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.3999/770.60
=0.01

* 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.

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

For example, Boxlight'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)
=-2.133/333.9520*333.9520
=-2.133

Current CPI (Jun. 2026) = 333.9520.

Boxlight Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,301.286 241.428 1,799.986
201612 302.000 241.432 417.730
201703 82.286 243.801 112.713
201706 186.714 244.955 254.551
201709 837.571 246.819 1,133.254
201712 1,292.857 246.524 1,751.360
201803 1,416.000 249.554 1,894.885
201806 1,218.571 251.989 1,614.929
201809 1,167.857 252.439 1,544.960
201812 1,138.286 251.233 1,513.069
201903 636.571 254.202 836.280
201906 498.286 256.143 649.651
201909 471.000 256.759 612.603
201912 -80.875 256.974 -105.102
202003 -67.200 258.115 -86.944
202006 487.773 257.797 631.864
202009 1,266.371 260.280 1,624.816
202012 1,201.838 260.474 1,540.869
202103 1,214.205 264.877 1,530.847
202106 1,247.317 271.696 1,533.125
202109 1,277.372 274.310 1,555.105
202112 1,211.386 278.802 1,451.011
202203 1,032.957 287.504 1,199.837
202206 946.696 296.311 1,066.957
202209 916.863 296.808 1,031.604
202212 997.942 296.797 1,122.871
202303 956.942 301.836 1,058.763
202306 960.226 305.109 1,050.999
202309 578.151 307.789 627.296
202312 310.204 306.746 337.717
202403 168.204 312.332 179.847
202406 136.073 314.175 144.639
202409 118.945 315.301 125.981
202412 -234.473 315.605 -248.104
202503 -255.081 319.799 -266.370
202506 -278.770 322.561 -288.615
202509 -127.209 324.800 -130.793
202512 5.504 324.054 5.672
202603 -3.547 330.213 -3.587
202606 -2.133 333.952 -2.133

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 0.01 mean?
Boxlight (BOXL) has a Cyclically Adjusted PB Ratio of 0.01 as of Aug. 20, 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 Boxlight and its competitors. This is 80% below median its historical median of 0.05. Over the past decade, Boxlight's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.14. According to the industry distribution chart, Boxlight ranks #1 out of 1953 companies in the Hardware industry, placing it in the top 0.099999999999994%.
Is Boxlight's Cyclically Adjusted PB Ratio too high?
Boxlight's current Cyclically Adjusted PB Ratio of 0.01 is 80% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.14. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Boxlight's value of 0.01 is 99.5% below this industry median. Based on the distribution chart, Boxlight ranks #1 out of 1953 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Boxlight has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Boxlight's Cyclically Adjusted PB Ratio compare to GMEX and CAPC?
According to the Hardware industry distribution chart, Boxlight ranks #1 out of 1953 companies for Cyclically Adjusted PB Ratio. This places Boxlight in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.09. Boxlight's value of 0.01 is 99.5% below this benchmark. Historically, Boxlight's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.14 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 2.09, Boxlight 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,953 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. Boxlight's current Cyclically Adjusted PB Ratio of 0.01 is 99.5% 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 Boxlight and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxlight's current Cyclically Adjusted PB Ratio is 0.01, which is 80% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxlight stock overvalued right now?
Based on GuruFocus' analysis, Boxlight (BOXL) is currently considered Possible Value Trap. The stock's GF Value™ is $10.49, compared to a current price of $5.40 — trading 48.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.01, which is 80% below median its 10-year median of 0.05 and 99.5% below the Hardware industry median of 2.09. Boxlight's overall GF Score™ is 37/100 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 Boxlight (BOXL), the current Cyclically Adjusted PB Ratio is 0.01 as of Aug. 20, 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 Boxlight (BOXL) Overvalued in 2026?

Based on GuruFocus' analysis, Boxlight stock appears to be undervalued. The current stock price of $5.40 is trading 48.5% below its estimated GF Value™ of $10.49. GuruFocus considers Boxlight to be Possible Value Trap.

Key valuation signals for BOXL:

  • Cyclically Adjusted PB Ratio: 0.01 (80% below median its 10-year median of 0.05)
  • GF Value™: $10.49 vs. price of $5.40 (48.5% below fair value)
  • GF Score™: 37/100 with 5 warning signs
  • Industry Position: 99.5% below the Hardware median (#1 of 1953)

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


Boxlight Business Description

Address 2750 Premiere Parkway, No. 900, Duluth, GA, USA, 30097
Boxlight Corp is a technology company that develops, sells, and services interactive solutions predominantly for the education market but also for the corporate and government sectors. The company currently designs, produces, and distributes interactive technologies, including interactive and non-interactive flat panel displays, LED video walls, media players, classroom audio and campus communication, cameras, and other peripherals for the education market and non-interactive solutions, including flat-panels, LED video walls, and digital signage for the enterprise market. It has three reportable segments - Europe, Middle East and Africa (EMEA), and North and Central America (Americas). The majority of revenue is derived from the sale of education technology products in the EMEA segment.
37GF 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.

$5.40
Price
$10.49
GF Value