Energous (FRA:116) Cyclically Adjusted PB Ratio: (As of Aug. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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.

FRA:116 Energous Corp FRA:116
36 GF Score
Price €13.30
GF Value €24.87
Valuation Possible Value Trap
! 1 Warning Sign
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What is Energous Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energous  (FRA:116) 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.


Energous Cyclically Adjusted PB Ratio Related Terms


Energous Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Energous'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.

Energous Cyclically Adjusted PB Ratio Chart

Energous 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 1.20 0.13 0.05 0.01

Energous 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 0.02 0.02 0.02 0.01 0.04

FRA:116 vs AIRG, WSTL, INSG: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Energous'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.


Energous Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FRA:116
36GF Score
Energous Corp FRA:116
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energous 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.

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

For example, Energous'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)
=6.724/330.2130*330.2130
=6.724

Current CPI (Mar. 2026) = 330.2130.

Energous Quarterly Data

Book Value per Share CPI Adj_Book
201606 391.929 241.018 536.973
201609 664.250 241.428 908.528
201612 796.059 241.432 1,088.791
201703 546.941 243.801 740.797
201706 311.800 244.955 420.324
201709 436.541 246.819 584.037
201712 261.474 246.524 350.238
201803 829.405 249.554 1,097.479
201806 700.140 251.989 917.482
201809 535.977 252.439 701.106
201812 366.977 251.233 482.343
201903 591.294 254.202 768.102
201906 472.255 256.143 608.819
201909 378.824 256.759 487.199
201912 311.127 256.974 399.800
202003 263.032 258.115 336.503
202006 276.652 257.797 354.364
202009 224.542 260.280 284.873
202012 395.314 260.474 501.155
202103 348.971 264.877 435.050
202106 285.543 271.696 347.042
202109 210.476 274.310 253.370
202112 324.852 278.802 384.755
202203 288.953 287.504 331.877
202206 252.550 296.311 281.445
202209 227.315 296.808 252.899
202212 176.250 296.797 196.094
202303 131.428 301.836 143.784
202306 107.980 305.109 116.864
202309 83.881 307.789 89.992
202312 57.934 306.746 62.366
202403 32.433 312.332 34.290
202406 12.817 314.175 13.471
202409 1.510 315.301 1.581
202412 -2.272 315.605 -2.377
202503 8.133 319.799 8.398
202506 5.811 322.561 5.949
202509 6.408 324.800 6.515
202512 4.851 324.054 4.943
202603 6.724 330.213 6.724

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.

Is Energous (FRA:116) Overvalued in 2026?

Based on GuruFocus' analysis, Energous stock appears to be undervalued. The current stock price of €13.30 is trading 46.5% below its estimated GF Value™ of €24.87. GuruFocus considers Energous to be Possible Value Trap.

Key valuation signals for FRA:116:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €24.87 vs. price of €13.30 (46.5% below fair value)
  • GF Score™: 36/100 with 1 warning sign

No single metric tells the full story. See the FRA:116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energous Business Description

Other Exchanges WATT:USA0IH3:UK
Address 3590 North First Street, Suite 330, San Jose, CA, USA, 95134
Energous Corp has developed scalable, over-the-air Wireless Power Network (WPN) technology that integrates semiconductor chipsets, software controls, hardware designs, and antenna systems to enable radio frequency (RF)-based charging for ambient Internet of Things (ambient IoT) devices, transforming supply chain capabilities from limited tracking to overall business intelligence. The WPN technology consists of transmitter systems, receiver integrated circuits, and supporting software designed to deliver power and data to battery-free IoT devices across a range of operating distances and power levels. Its applications include retail sensors, electronic shelf labels (ESLs), asset trackers, air quality monitors, motion detectors, and other monitoring solutions.
36GF Score

Get the complete analysis for FRA:116

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

€13.30
Price
€24.87
GF Value