CPSH (CPS Technologies) Cyclically Adjusted PB Ratio: 4.73 (As of Jul. 16, 2026) — 102% Above Median

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CPSH CPS Technologies Corp CPSH
59 GF Score
Price $4.59
GF Value $2.62
Valuation Significantly Overvalued
! 2 Warning Signs
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What is CPS Technologies Cyclically Adjusted PB Ratio?

CPS Technologies CPSH +0.88% 59 Cyclically Adjusted PB Ratio is 4.73 as of Jul. 16, 2026, which is 102% above its 10-year median of 2.34. GuruFocus rates CPSH with a GF Score™ of 59/100 and a GF Value™ of $2.62 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,984 Hardware companies, CPS Technologies ranks worse than 73.99% on this metric.

As of today (2026-07-16), CPS Technologies's current share price is $4.59. CPS Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.97. CPS Technologies's Cyclically Adjusted PB Ratio for today is 4.73.

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

CPSH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.34   Max: 36.59
Current: 4.69

During the past years, CPS Technologies's highest Cyclically Adjusted PB Ratio was 36.59. The lowest was 1.28. And the median was 2.34.

CPSH's Cyclically Adjusted PB Ratio is ranked worse than
73.99% of 1984 companies
in the Hardware industry
Industry Median: 2.15 vs CPSH: 4.69

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.

CPS Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was $1.356. 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 $0.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CPS Technologies  (NAS:CPSH) 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.


CPS Technologies Cyclically Adjusted PB Ratio Related Terms


CPS Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CPS Technologies'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.

CPS Technologies Cyclically Adjusted PB Ratio Chart

CPS Technologies 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 5.06 3.27 2.66 1.75 3.26

CPS Technologies 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 1.70 2.95 3.78 3.26 3.85

CPSH vs WBX, LINK, ELTK: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, CPS Technologies'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.


CPS Technologies Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


CPSH
59GF Score
CPS Technologies Corp CPSH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CPS Technologies 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.

CPS Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.59/0.97
=4.73

* 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.

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

For example, CPS Technologies'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)
=1.356/330.2130*330.2130
=1.356

Current CPI (Mar. 2026) = 330.2130.

CPS Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.838 241.018 1.148
201609 0.830 241.428 1.135
201612 0.814 241.432 1.113
201703 0.774 243.801 1.048
201706 0.752 244.955 1.014
201709 0.756 246.819 1.011
201712 0.706 246.524 0.946
201803 0.668 249.554 0.884
201806 0.651 251.989 0.853
201809 0.652 252.439 0.853
201812 0.442 251.233 0.581
201903 0.390 254.202 0.507
201906 0.411 256.143 0.530
201909 0.376 256.759 0.484
201912 0.404 256.974 0.519
202003 0.454 258.115 0.581
202006 0.478 257.797 0.612
202009 0.494 260.280 0.627
202012 0.478 260.474 0.606
202103 0.465 264.877 0.580
202106 0.692 271.696 0.841
202109 0.902 274.310 1.086
202112 0.917 278.802 1.086
202203 0.960 287.504 1.103
202206 0.994 296.311 1.108
202209 1.063 296.808 1.183
202212 1.087 296.797 1.209
202303 1.128 301.836 1.234
202306 1.168 305.109 1.264
202309 1.181 307.789 1.267
202312 1.193 306.746 1.284
202403 1.194 312.332 1.262
202406 1.132 314.175 1.190
202409 1.064 315.301 1.114
202412 0.999 315.605 1.045
202503 1.013 319.799 1.046
202506 1.024 322.561 1.048
202509 1.042 324.800 1.059
202512 1.369 324.054 1.395
202603 1.356 330.213 1.356

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 4.73 mean?
CPS Technologies (CPSH) has a Cyclically Adjusted PB Ratio of 4.73 as of Jul. 16, 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 CPS Technologies and its competitors. This is 102% above median its historical median of 2.34. Over the past decade, CPS Technologies' Cyclically Adjusted PB Ratio has ranged from 1.28 to 36.59. According to the industry distribution chart, CPS Technologies ranks #1468 out of 1984 companies in the Hardware industry, placing it in the top 74%.
Is CPS Technologies' Cyclically Adjusted PB Ratio too high?
CPS Technologies' current Cyclically Adjusted PB Ratio of 4.73 is 102% above median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 36.59. The Hardware industry median Cyclically Adjusted PB Ratio is 2.15. CPS Technologies' value of 4.73 is 120% above this industry median. Based on the distribution chart, CPS Technologies ranks #1468 out of 1984 companies in the Hardware industry, which is below the industry midpoint. Overall, CPS Technologies has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CPS Technologies' Cyclically Adjusted PB Ratio compare to WBX and LINK?
According to the Hardware industry distribution chart, CPS Technologies ranks #1468 out of 1984 companies for Cyclically Adjusted PB Ratio. This places CPS Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.15. CPS Technologies' value of 4.73 is 120% above this benchmark. Historically, CPS Technologies' own Cyclically Adjusted PB Ratio has ranged from 1.28 to 36.59 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 2.15, CPS Technologies 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.15, based on 1,984 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. CPS Technologies's current Cyclically Adjusted PB Ratio of 4.73 is 120% 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 CPS Technologies and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPS Technologies's current Cyclically Adjusted PB Ratio is 4.73, which is 102% above median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPS Technologies stock overvalued right now?
Based on GuruFocus' analysis, CPS Technologies (CPSH) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.62, compared to a current price of $4.59 — trading 75.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.73, which is 102% above median its 10-year median of 2.34 and 120% above the Hardware industry median of 2.15. CPS Technologies' overall GF Score™ is 59/100 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 CPS Technologies (CPSH), the current Cyclically Adjusted PB Ratio is 4.73 as of Jul. 16, 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 CPS Technologies (CPSH) Overvalued in 2026?

Based on GuruFocus' analysis, CPS Technologies stock appears to be overvalued. The current stock price of $4.59 is trading 75.2% above its estimated GF Value™ of $2.62. GuruFocus considers CPS Technologies to be Significantly Overvalued.

Key valuation signals for CPSH:

  • Cyclically Adjusted PB Ratio: 4.73 (102% above median its 10-year median of 2.34)
  • GF Value™: $2.62 vs. price of $4.59 (75.2% above fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 120% above the Hardware median (#1468 of 1984)

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


CPS Technologies Business Description

Address 111 South Worcester Street, Norton, MA, USA, 02766-2102
CPS Technologies Corp designs, manufactures, and sells high-performance material solutions for customers across various markets, including transportation, energy, automotive, electronics, telecommunications, aerospace, and defense. The company develops and applies proprietary expertise in metal matrix composites (MMCs), which are engineered materials combining metals and ceramics to achieve enhanced performance properties. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers. The majority of the company's revenue is derived from the sale of its products in the United States of America.
59GF 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.

$4.59
Price
$2.62
GF Value