Dentsply Sirona (BSP:XRAY34) Cyclically Adjusted PB Ratio: 0.44 (As of Aug. 01, 2026) — 77% Below Median

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BSP:XRAY34 Dentsply Sirona Inc BSP:XRAY34
59 GF Score
Price R$59.00
GF Value R$83.80
! 8 Warning Signs
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What is Dentsply Sirona Cyclically Adjusted PB Ratio?

Dentsply Sirona BSP:XRAY34 59 Cyclically Adjusted PB Ratio is 0.44 as of Aug. 01, 2026, which is 77% below its 10-year median of 1.91. GuruFocus rates BSP:XRAY34 with a GF Score™ of 59/100 and a GF Value™ of R$83.80. The stock has 8 warning signs investors should review. Among 520 Medical Devices & Instruments companies, Dentsply Sirona ranks better than 82.5% on this metric.

As of today (2026-08-01), Dentsply Sirona's current share price is R$59.00. Dentsply Sirona's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$134.49. Dentsply Sirona's Cyclically Adjusted PB Ratio for today is 0.44.

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

BSP:XRAY34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.91   Max: 4.03
Current: 0.51

During the past years, Dentsply Sirona's highest Cyclically Adjusted PB Ratio was 4.03. The lowest was 0.38. And the median was 1.91.

BSP:XRAY34's Cyclically Adjusted PB Ratio is ranked better than
82.5% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 1.8 vs BSP:XRAY34: 0.51

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.

Dentsply Sirona's adjusted book value per share data for the three months ended in Mar. 2026 was R$34.411. 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 R$134.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dentsply Sirona  (BSP:XRAY34) 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.


Dentsply Sirona Cyclically Adjusted PB Ratio Related Terms


Dentsply Sirona Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dentsply Sirona'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.

Dentsply Sirona Cyclically Adjusted PB Ratio Chart

Dentsply Sirona 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 2.19 1.17 1.29 0.69 0.43

Dentsply Sirona 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 0.54 0.58 0.47 0.43 0.44

BSP:XRAY34 vs LMAT, WRBY, PLSE: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, Dentsply Sirona'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.


Dentsply Sirona Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


BSP:XRAY34
59GF Score
Dentsply Sirona Inc BSP:XRAY34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dentsply Sirona 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.

Dentsply Sirona's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.00/134.49
=0.44

* 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.

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

For example, Dentsply Sirona'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)
=34.411/330.2130*330.2130
=34.411

Current CPI (Mar. 2026) = 330.2130.

Dentsply Sirona Quarterly Data

Book Value per Share CPI Adj_Book
201606 122.118 241.018 167.311
201609 117.207 241.428 160.310
201612 118.276 241.432 161.769
201703 110.900 243.801 150.207
201706 104.373 244.955 140.701
201709 102.022 246.819 136.493
201712 96.123 246.524 128.754
201803 96.511 249.554 127.705
201806 87.015 251.989 114.027
201809 94.953 252.439 124.207
201812 89.181 251.233 117.217
201903 87.655 254.202 113.865
201906 89.142 256.143 114.920
201909 93.718 256.759 120.529
201912 94.461 256.974 121.383
202003 104.553 258.115 133.757
202006 110.303 257.797 141.287
202009 117.651 260.280 149.262
202012 116.020 260.474 147.083
202103 127.242 264.877 158.628
202106 116.772 271.696 141.922
202109 123.692 274.310 148.900
202112 129.953 278.802 153.916
202203 112.298 287.504 128.980
202206 113.667 296.311 126.672
202209 88.158 296.808 98.080
202212 92.848 296.797 103.302
202303 89.245 301.836 97.635
202306 84.968 305.109 91.959
202309 78.697 307.789 84.430
202312 77.872 306.746 83.829
202403 78.151 312.332 82.625
202406 81.456 314.175 85.614
202409 69.390 315.301 72.672
202412 59.598 315.605 62.357
202503 58.072 319.799 59.963
202506 54.540 322.561 55.834
202509 39.735 324.800 40.397
202512 36.599 324.054 37.295
202603 34.411 330.213 34.411

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 0.44 mean?
Dentsply Sirona (BSP:XRAY34) has a Cyclically Adjusted PB Ratio of 0.44 as of Aug. 01, 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 Dentsply Sirona and its competitors. This is 77% below median its historical median of 1.91. Over the past decade, Dentsply Sirona's Cyclically Adjusted PB Ratio has ranged from 0.38 to 4.03. According to the industry distribution chart, Dentsply Sirona ranks #91 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 17.5%.
Is Dentsply Sirona's Cyclically Adjusted PB Ratio too high?
Dentsply Sirona's current Cyclically Adjusted PB Ratio of 0.44 is 77% below median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 4.03. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.80. Dentsply Sirona's value of 0.44 is 75.6% below this industry median. Based on the distribution chart, Dentsply Sirona ranks #91 out of 520 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Dentsply Sirona has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Dentsply Sirona's Cyclically Adjusted PB Ratio compare to LMAT and WRBY?
According to the Medical Devices & Instruments industry distribution chart, Dentsply Sirona ranks #91 out of 520 companies for Cyclically Adjusted PB Ratio. This places Dentsply Sirona in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.80. Dentsply Sirona's value of 0.44 is 75.6% below this benchmark. Historically, Dentsply Sirona's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 4.03 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.80, Dentsply Sirona 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 1.80, based on 520 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. Dentsply Sirona's current Cyclically Adjusted PB Ratio of 0.44 is 75.6% 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 Dentsply Sirona and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dentsply Sirona's current Cyclically Adjusted PB Ratio is 0.44, which is 77% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dentsply Sirona stock overvalued right now?
Dentsply Sirona (BSP:XRAY34) has a current Cyclically Adjusted PB Ratio of 0.44. The stock's GF Value™ is R$83.80, compared to a current price of R$59.00 — trading 29.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.44, which is 77% below median its 10-year median of 1.91 and 75.6% below the Medical Devices & Instruments industry median of 1.80. Dentsply Sirona's overall GF Score™ is 59/100 with 8 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 Dentsply Sirona (BSP:XRAY34), the current Cyclically Adjusted PB Ratio is 0.44 as of Aug. 01, 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 Dentsply Sirona (BSP:XRAY34) Overvalued in 2026?

Based on GuruFocus' analysis, Dentsply Sirona stock appears to be undervalued. The current stock price of R$59.00 is trading 29.6% below its estimated GF Value™ of R$83.80.

Key valuation signals for BSP:XRAY34:

  • Cyclically Adjusted PB Ratio: 0.44 (77% below median its 10-year median of 1.91)
  • GF Value™: R$83.80 vs. price of R$59.00 (29.6% below fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 75.6% below the Medical Devices & Instruments median (#91 of 520)

No single metric tells the full story. See the BSP:XRAY34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dentsply Sirona Business Description

Address 13320 Ballantyne Corporate Place, Charlotte, NC, USA, 28277-3607
Dentsply Sirona is one of the world's largest manufacturers of dental equipment and supplies. It is a result of a merger of equals in 2016 between Dentsply International (dental consumables and lab products) and Sirona Dental Systems (technologically advanced dental equipment). The firm's wide portfolio consists of dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. It distributes two-thirds of its dental consumables, technology, and equipment through third-party distributors. The remaining portfolio is sold to labs and offices through the firm's salesforce or directly to consumers (such as the Byte clear aligner).
59GF Score

Get the complete analysis for BSP:XRAY34

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

R$59.00
Price
R$83.80
GF Value