8x8 (EGHT) Cyclically Adjusted PB Ratio: 0.99 (As of Aug. 14, 2026) — 85% Below Median

Author: Vera Yuan Vera Yuan
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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.
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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.

EGHT 8x8 Inc EGHT
59 GF Score
Price $2.10
GF Value $1.98
Valuation Fairly Valued
! 4 Warning Signs
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What is 8x8 Cyclically Adjusted PB Ratio?

8x8 EGHT +5.00% 59 Cyclically Adjusted PB Ratio is 0.99 as of Aug. 14, 2026, which is 85% below its 10-year median of 6.52. GuruFocus rates EGHT with a GF Score™ of 59/100 and a GF Value™ of $1.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,552 Software companies, 8x8 ranks better than 74.81% on this metric.

As of today (2026-08-14), 8x8's current share price is $2.095. 8x8's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $2.11. 8x8's Cyclically Adjusted PB Ratio for today is 0.99.

The historical rank and industry rank for 8x8's Cyclically Adjusted PB Ratio or its related term are showing as below:

EGHT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 6.52   Max: 14.91
Current: 0.99

During the past years, 8x8's highest Cyclically Adjusted PB Ratio was 14.91. The lowest was 0.65. And the median was 6.52.

EGHT's Cyclically Adjusted PB Ratio is ranked better than
74.81% of 1552 companies
in the Software industry
Industry Median: 2.315 vs EGHT: 0.99

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.

8x8's adjusted book value per share data for the three months ended in Jun. 2026 was $1.027. 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 $2.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


8x8  (NAS:EGHT) 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.


8x8 Cyclically Adjusted PB Ratio Related Terms


8x8 Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for 8x8'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.

8x8 Cyclically Adjusted PB Ratio Chart

8x8 Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.41 1.47 1.00 0.83 0.77

8x8 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 0.83 0.92 0.89 0.77 0.81

EGHT vs AZ, DUOT, SVCO: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, 8x8'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.


8x8 Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, 8x8's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 8x8's Cyclically Adjusted PB Ratio falls into.


EGHT
59GF Score
8x8 Inc EGHT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

8x8 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.

8x8's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.095/2.11
=0.99

* 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.

8x8's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, 8x8'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)
=1.027/333.9520*333.9520
=1.027

Current CPI (Jun. 2026) = 333.9520.

8x8 Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.107 241.428 4.298
201612 3.104 241.432 4.293
201703 3.154 243.801 4.320
201706 3.398 244.955 4.633
201709 3.338 246.819 4.516
201712 2.392 246.524 3.240
201803 2.356 249.554 3.153
201806 2.704 251.989 3.584
201809 2.526 252.439 3.342
201812 2.381 251.233 3.165
201903 2.595 254.202 3.409
201906 2.383 256.143 3.107
201909 2.393 256.759 3.112
201912 2.178 256.974 2.830
202003 1.849 258.115 2.392
202006 1.722 257.797 2.231
202009 1.646 260.280 2.112
202012 1.563 260.474 2.004
202103 1.471 264.877 1.855
202106 1.416 271.696 1.740
202109 1.345 274.310 1.637
202112 1.043 278.802 1.249
202203 1.547 287.504 1.797
202206 1.116 296.311 1.258
202209 0.761 296.808 0.856
202212 0.798 296.797 0.898
202303 0.871 301.836 0.964
202306 0.880 305.109 0.963
202309 0.906 307.789 0.983
202312 0.890 306.746 0.969
202403 0.814 312.332 0.870
202406 0.817 314.175 0.868
202409 0.841 315.301 0.891
202412 0.860 315.605 0.910
202503 0.910 319.799 0.950
202506 0.944 322.561 0.977
202509 0.961 324.800 0.988
202512 1.026 324.054 1.057
202603 1.039 330.213 1.051
202606 1.027 333.952 1.027

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 0.99 mean?
8x8 (EGHT) has a Cyclically Adjusted PB Ratio of 0.99 as of Aug. 14, 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 8x8 and its competitors. This is 85% below median its historical median of 6.52. Over the past decade, 8x8's Cyclically Adjusted PB Ratio has ranged from 0.65 to 14.91. According to the industry distribution chart, 8x8 ranks #391 out of 1552 companies in the Software industry, placing it in the top 25.2%.
Is 8x8's Cyclically Adjusted PB Ratio too high?
8x8's current Cyclically Adjusted PB Ratio of 0.99 is 85% below median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 14.91. The Software industry median Cyclically Adjusted PB Ratio is 2.32. 8x8's value of 0.99 is 57.2% below this industry median. Based on the distribution chart, 8x8 ranks #391 out of 1552 companies in the Software industry, which is above the industry midpoint. Overall, 8x8 has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does 8x8's Cyclically Adjusted PB Ratio compare to AZ and DUOT?
According to the Software industry distribution chart, 8x8 ranks #391 out of 1552 companies for Cyclically Adjusted PB Ratio. This puts 8x8 in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. 8x8's value of 0.99 is 57.2% below this benchmark. Historically, 8x8's own Cyclically Adjusted PB Ratio has ranged from 0.65 to 14.91 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 2.32, 8x8 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 2.32, based on 1,552 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. 8x8's current Cyclically Adjusted PB Ratio of 0.99 is 57.2% 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 8x8 and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 8x8's current Cyclically Adjusted PB Ratio is 0.99, which is 85% below median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 8x8 stock overvalued right now?
Based on GuruFocus' analysis, 8x8 (EGHT) is currently considered Fairly Valued. The stock's GF Value™ is $1.98, compared to a current price of $2.10 — trading 5.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 85% below median its 10-year median of 6.52 and 57.2% below the Software industry median of 2.32. 8x8's overall GF Score™ is 59/100 with 4 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 8x8 (EGHT), the current Cyclically Adjusted PB Ratio is 0.99 as of Aug. 14, 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 8x8 (EGHT) Overvalued in 2026?

Based on GuruFocus' analysis, 8x8 stock appears to be overvalued. The current stock price of $2.10 is trading 5.8% above its estimated GF Value™ of $1.98. GuruFocus considers 8x8 to be Fairly Valued.

Key valuation signals for EGHT:

  • Cyclically Adjusted PB Ratio: 0.99 (85% below median its 10-year median of 6.52)
  • GF Value™: $1.98 vs. price of $2.10 (5.8% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 57.2% below the Software median (#391 of 1552)

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


8x8 Business Description

Other Exchanges 0IFS:UKEGT:Germany
Address 675 Creekside Way, Campbell, CA, USA, 95008
8x8 Inc provides contact-center-as-a-service and unified-communications-as-a-service software applications to approximately 2.5 million users. The company's unified platform enables omnichannel communication to assist employees in communicating across voice, video, text, chat, and contact centers. The Company also generates revenue from sales of hardware and professional services, which are complementary to the delivery of its integrated technology platform. Geographically, it derives a majority of revenue from the United States.
59GF Score

Get the complete analysis for EGHT

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

$2.10
Price
$1.98
GF Value