Boxlight (FRA:2IU2) Cyclically Adjusted PB Ratio: 0.01 (As of Aug. 08, 2026) — 80% Below Median

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FRA:2IU2 Boxlight Corp FRA:2IU2
37 GF Score
Price €16.27
GF Value €88.93
! 5 Warning Signs
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What is Boxlight Cyclically Adjusted PB Ratio?

Boxlight FRA:2IU2 37 Cyclically Adjusted PB Ratio is 0.01 as of Aug. 08, 2026, which is 80% below its 10-year median of 0.05. GuruFocus rates FRA:2IU2 with a GF Score™ of 37/100 and a GF Value™ of €88.93. The stock has 5 warning signs investors should review. Among 1,968 Hardware companies, Boxlight ranks worse than 50812.96% on this metric.

As of today (2026-08-08), Boxlight's current share price is €16.272. Boxlight's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1,723.27. Boxlight's Cyclically Adjusted PB Ratio for today is 0.01.

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

During the past years, Boxlight's highest Cyclically Adjusted PB Ratio was 0.14. The lowest was 0.01. And the median was 0.05.

FRA:2IU2's Cyclically Adjusted PB Ratio is not ranked *
in the Hardware industry.
Industry Median: 2
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Boxlight's adjusted book value per share data for the three months ended in Mar. 2026 was €-3.069. 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 €1,723.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boxlight  (FRA:2IU2) 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.


Boxlight Cyclically Adjusted PB Ratio Related Terms


Boxlight Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Boxlight'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.

Boxlight Cyclically Adjusted PB Ratio Chart

Boxlight 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 0.00 0.00 0.05 0.01

Boxlight 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 0.04 0.06 0.10 0.01 0.01

FRA:2IU2 vs GMEX, CAPC, RIME: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Boxlight'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.


Boxlight Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FRA:2IU2
37GF Score
Boxlight Corp FRA:2IU2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boxlight 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.

Boxlight's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.272/1723.27
=0.01

* 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.

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

For example, Boxlight'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)
=-3.069/330.2130*330.2130
=-3.069

Current CPI (Mar. 2026) = 330.2130.

Boxlight Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 1,159.429 241.428 1,585.808
201612 286.286 241.432 391.561
201703 77.000 243.801 104.292
201706 166.143 244.955 223.970
201709 702.714 246.819 940.144
201712 1,092.429 246.524 1,463.283
201803 1,148.429 249.554 1,519.616
201806 1,043.143 251.989 1,366.962
201809 1,000.857 252.439 1,309.211
201812 1,000.571 251.233 1,315.120
201903 563.429 254.202 731.904
201906 441.000 256.143 568.526
201909 427.625 256.759 549.961
201912 -72.750 256.974 -93.484
202003 -60.800 258.115 -77.783
202006 433.136 257.797 554.805
202009 1,075.143 260.280 1,364.016
202012 987.919 260.474 1,252.423
202103 1,019.923 264.877 1,271.503
202106 1,035.268 271.696 1,258.241
202109 1,085.767 274.310 1,307.041
202112 1,072.068 278.802 1,269.757
202203 937.935 287.504 1,077.266
202206 895.565 296.311 998.030
202209 926.039 296.808 1,030.262
202212 942.058 296.797 1,048.123
202303 893.788 301.836 977.817
202306 886.283 305.109 959.205
202309 541.736 307.789 581.204
202312 284.463 306.746 306.225
202403 154.741 312.332 163.600
202406 126.418 314.175 132.871
202409 107.164 315.301 112.232
202412 -223.927 315.605 -234.292
202503 -235.952 319.799 -243.636
202506 -241.689 322.561 -247.423
202509 -108.379 324.800 -110.185
202512 4.702 324.054 4.791
202603 -3.069 330.213 -3.069

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 0.01 mean?
Boxlight (FRA:2IU2) has a Cyclically Adjusted PB Ratio of 0.01 as of Aug. 08, 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 Boxlight and its competitors. This is 80% below median its historical median of 0.05. Over the past decade, Boxlight's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.14. According to the industry distribution chart, Boxlight ranks #999999 out of 1968 companies in the Hardware industry.
Is Boxlight's Cyclically Adjusted PB Ratio too high?
Boxlight's current Cyclically Adjusted PB Ratio of 0.01 is 80% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.14. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Boxlight's value of 0.01 is 99.5% below this industry median. Based on the distribution chart, Boxlight ranks #999999 out of 1968 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Boxlight has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Boxlight's Cyclically Adjusted PB Ratio compare to GMEX and CAPC?
According to the Hardware industry distribution chart, Boxlight ranks #999999 out of 1968 companies for Cyclically Adjusted PB Ratio. This places Boxlight in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Boxlight's value of 0.01 is 99.5% below this benchmark. Historically, Boxlight's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.14 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 2.00, Boxlight 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,968 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. Boxlight's current Cyclically Adjusted PB Ratio of 0.01 is 99.5% 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 Boxlight and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boxlight's current Cyclically Adjusted PB Ratio is 0.01, which is 80% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxlight stock overvalued right now?
Boxlight (FRA:2IU2) has a current Cyclically Adjusted PB Ratio of 0.01. The stock's GF Value™ is €88.93, compared to a current price of €16.27 — trading 81.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.01, which is 80% below median its 10-year median of 0.05 and 99.5% below the Hardware industry median of 2.00. Boxlight's overall GF Score™ is 37/100 with 5 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 Boxlight (FRA:2IU2), the current Cyclically Adjusted PB Ratio is 0.01 as of Aug. 08, 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 Boxlight (FRA:2IU2) Overvalued in 2026?

Based on GuruFocus' analysis, Boxlight stock appears to be undervalued. The current stock price of €16.27 is trading 81.7% below its estimated GF Value™ of €88.93.

Key valuation signals for FRA:2IU2:

  • Cyclically Adjusted PB Ratio: 0.01 (80% below median its 10-year median of 0.05)
  • GF Value™: €88.93 vs. price of €16.27 (81.7% below fair value)
  • GF Score™: 37/100 with 5 warning signs
  • Industry Position: 99.5% below the Hardware median (#999999 of 1968)

No single metric tells the full story. See the FRA:2IU2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boxlight Business Description

Other Exchanges BOXL:USA
Address 2750 Premiere Parkway, No. 900, Duluth, GA, USA, 30097
Boxlight Corp is a technology company that develops, sells, and services interactive solutions predominantly for the education market but also for the corporate and government sectors. The company currently designs, produces, and distributes interactive technologies, including interactive and non-interactive flat panel displays, LED video walls, media players, classroom audio and campus communication, cameras, and other peripherals for the education market and non-interactive solutions, including flat-panels, LED video walls, and digital signage for the enterprise market. It has three reportable segments - Europe, Middle East and Africa (EMEA), and North and Central America (Americas). The majority of revenue is derived from the sale of education technology products in the EMEA segment.
37GF 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.

€16.27
Price
€88.93
GF Value