EVTZF (Evertz Technologies) Cyclically Adjusted PB Ratio: 2.77 (As of Sep. 15, 2026) — Near Median

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EVTZF Evertz Technologies Ltd EVTZF
78 GF Score
Price $9.35
GF Value $10.02
Valuation Fairly Valued
! 3 Warning Signs
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What is Evertz Technologies Cyclically Adjusted PB Ratio?

Evertz Technologies EVTZF -11.54% 78 Cyclically Adjusted PB Ratio is 2.77 as of Sep. 15, 2026, which is 5% below its 10-year median of 2.92. GuruFocus rates EVTZF with a GF Score™ of 78/100 and a GF Value™ of $10.02 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,928 Hardware companies, Evertz Technologies ranks worse than 68% on this metric.

As of today (2026-09-15), Evertz Technologies's current share price is $9.35. Evertz Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $3.37. Evertz Technologies's Cyclically Adjusted PB Ratio for today is 2.77.

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

EVTZF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.08   Med: 2.92   Max: 4.2
Current: 3.37

During the past years, Evertz Technologies's highest Cyclically Adjusted PB Ratio was 4.20. The lowest was 2.08. And the median was 2.92.

EVTZF's Cyclically Adjusted PB Ratio is ranked worse than
68% of 1928 companies
in the Hardware industry
Industry Median: 2.05 vs EVTZF: 3.37

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.

Evertz Technologies's adjusted book value per share data for the three months ended in Apr. 2026 was $1.956. 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 $3.37 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evertz Technologies  (OTCPK:EVTZF) 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.


Evertz Technologies Cyclically Adjusted PB Ratio Related Terms


Evertz Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Evertz 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.

Evertz Technologies Cyclically Adjusted PB Ratio Chart

Evertz Technologies Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.67 2.23 2.73 2.29 3.67

Evertz Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.23 2.50 2.55 3.16 3.52

EVTZF vs CSCO, MSI, LITE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Evertz 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.


Evertz Technologies Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


EVTZF
78GF Score
Evertz Technologies Ltd EVTZF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evertz 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.35/3.372
=2.77

* 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.

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

For example, Evertz Technologies's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1.956/132.7364*132.7364
=1.956

Current CPI (Apr. 2026) = 132.7364.

Evertz Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201607 3.863 101.844 5.035
201610 3.902 102.002 5.078
201701 3.158 102.318 4.097
201704 3.107 103.029 4.003
201707 3.409 103.029 4.392
201710 3.355 103.424 4.306
201801 3.584 104.056 4.572
201804 3.379 105.320 4.259
201807 3.354 106.110 4.196
201810 3.391 105.952 4.248
201901 3.476 105.557 4.371
201904 3.452 107.453 4.264
201907 3.507 108.243 4.301
201910 2.929 107.927 3.602
202001 2.946 108.085 3.618
202004 2.801 107.216 3.468
202007 2.860 108.401 3.502
202010 3.006 108.638 3.673
202101 3.100 109.192 3.768
202104 3.142 110.851 3.762
202107 3.126 112.431 3.691
202110 2.362 113.695 2.758
202201 2.397 114.801 2.771
202204 2.398 118.357 2.689
202207 2.385 120.964 2.617
202210 2.262 121.517 2.471
202301 2.342 121.596 2.557
202304 2.383 123.571 2.560
202307 2.473 124.914 2.628
202310 2.441 125.310 2.586
202401 2.592 125.072 2.751
202404 2.549 126.890 2.666
202407 2.522 128.075 2.614
202410 2.508 127.838 2.604
202501 2.479 127.443 2.582
202504 2.593 129.102 2.666
202507 2.544 130.290 2.592
202510 2.563 130.603 2.605
202601 1.951 130.366 1.986
202604 1.956 132.736 1.956

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 2.77 mean?
Evertz Technologies (EVTZF) has a Cyclically Adjusted PB Ratio of 2.77 as of Sep. 15, 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 Evertz Technologies and its competitors. This is near median its historical median of 2.92. Over the past decade, Evertz Technologies' Cyclically Adjusted PB Ratio has ranged from 2.08 to 4.20. According to the industry distribution chart, Evertz Technologies ranks #1311 out of 1928 companies in the Hardware industry, placing it in the top 68%.
Is Evertz Technologies' Cyclically Adjusted PB Ratio too high?
Evertz Technologies' current Cyclically Adjusted PB Ratio of 2.77 is near median its 10-year median of 2.92. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 4.20. The Hardware industry median Cyclically Adjusted PB Ratio is 2.05. Evertz Technologies' value of 2.77 is 35.1% above this industry median. Based on the distribution chart, Evertz Technologies ranks #1311 out of 1928 companies in the Hardware industry, which is below the industry midpoint. Overall, Evertz Technologies has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evertz Technologies' Cyclically Adjusted PB Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, Evertz Technologies ranks #1311 out of 1928 companies for Cyclically Adjusted PB Ratio. This places Evertz Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.05. Evertz Technologies' value of 2.77 is 35.1% above this benchmark. Historically, Evertz Technologies' own Cyclically Adjusted PB Ratio has ranged from 2.08 to 4.20 over the past decade. While the company's 10-year median is 2.92 vs. the industry median of 2.05, Evertz 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 2.05, based on 1,928 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. Evertz Technologies's current Cyclically Adjusted PB Ratio of 2.77 is 35.1% 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 Evertz Technologies and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evertz Technologies's current Cyclically Adjusted PB Ratio is 2.77, which is near median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evertz Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evertz Technologies (EVTZF) is currently considered Fairly Valued. The stock's GF Value™ is $10.02, compared to a current price of $9.35 — trading 6.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.77, which is near median its 10-year median of 2.92 and 35.1% above the Hardware industry median of 2.05. Evertz Technologies' overall GF Score™ is 78/100 with 3 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 Evertz Technologies (EVTZF), the current Cyclically Adjusted PB Ratio is 2.77 as of Sep. 15, 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 Evertz Technologies (EVTZF) Overvalued in 2026?

Based on GuruFocus' analysis, Evertz Technologies stock appears to be undervalued. The current stock price of $9.35 is trading 6.7% below its estimated GF Value™ of $10.02. GuruFocus considers Evertz Technologies to be Fairly Valued.

Key valuation signals for EVTZF:

  • Cyclically Adjusted PB Ratio: 2.77 (near median its 10-year median of 2.92)
  • GF Value™: $10.02 vs. price of $9.35 (6.7% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 35.1% above the Hardware median (#1311 of 1928)

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


Evertz Technologies Business Description

Other Exchanges 74E:GermanyET:Canada
Address 5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.
78GF Score

Get the complete analysis for EVTZF

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

$9.35
Price
$10.02
GF Value