Ubiquiti (FRA:3UB) Cyclically Adjusted PB Ratio: 232.79 (As of Aug. 06, 2026) — 103% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

FRA:3UB Ubiquiti Inc FRA:3UB
84 GF Score
Price €484.20
GF Value €384.22
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ubiquiti Cyclically Adjusted PB Ratio?

Ubiquiti FRA:3UB -0.21% 84 Cyclically Adjusted PB Ratio is 232.79 as of Aug. 06, 2026, which is 103% above its 10-year median of 114.95. GuruFocus rates FRA:3UB with a GF Score™ of 84/100 and a GF Value™ of €384.22 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,968 Hardware companies, Ubiquiti ranks worse than 99.85% on this metric.

As of today (2026-08-06), Ubiquiti's current share price is €484.20. Ubiquiti's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.08. Ubiquiti's Cyclically Adjusted PB Ratio for today is 232.79.

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

FRA:3UB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 41.53   Med: 114.95   Max: 423.63
Current: 222.29

During the past years, Ubiquiti's highest Cyclically Adjusted PB Ratio was 423.63. The lowest was 41.53. And the median was 114.95.

FRA:3UB's Cyclically Adjusted PB Ratio is ranked worse than
99.85% of 1968 companies
in the Hardware industry
Industry Median: 2 vs FRA:3UB: 222.29

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.

Ubiquiti's adjusted book value per share data for the three months ended in Mar. 2026 was €17.182. 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 €2.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ubiquiti  (FRA:3UB) 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.


Ubiquiti Cyclically Adjusted PB Ratio Related Terms


Ubiquiti Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ubiquiti'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.

Ubiquiti Cyclically Adjusted PB Ratio Chart

Ubiquiti Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.87 100.10 87.53 86.26 232.53

Ubiquiti 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 188.75 232.53 337.02 251.28 308.68

FRA:3UB vs ASTS, ZBRA, VSAT: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Ubiquiti'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.


Ubiquiti Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FRA:3UB
84GF Score
Ubiquiti Inc FRA:3UB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ubiquiti 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=484.20/2.08
=232.79

* 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.

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

For example, Ubiquiti'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)
=17.182/330.2130*330.2130
=17.182

Current CPI (Mar. 2026) = 330.2130.

Ubiquiti Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.799 241.018 6.575
201609 5.566 241.428 7.613
201612 6.626 241.432 9.063
201703 6.322 243.801 8.563
201706 6.672 244.955 8.994
201709 6.020 246.819 8.054
201712 5.180 246.524 6.938
201803 3.108 249.554 4.113
201806 3.649 251.989 4.782
201809 3.183 252.439 4.164
201812 1.561 251.233 2.052
201903 2.359 254.202 3.064
201906 1.265 256.143 1.631
201909 -3.302 256.759 -4.247
201912 -4.052 256.974 -5.207
202003 -5.051 258.115 -6.462
202006 -4.120 257.797 -5.277
202009 -3.523 260.280 -4.470
202012 -2.380 260.474 -3.017
202103 -0.805 264.877 -1.004
202106 0.036 271.696 0.044
202109 0.789 274.310 0.950
202112 -0.060 278.802 -0.071
202203 -5.004 287.504 -5.747
202206 -5.995 296.311 -6.681
202209 -5.440 296.808 -6.052
202212 -3.873 296.797 -4.309
202303 -2.851 301.836 -3.119
202306 -1.767 305.109 -1.912
202309 -0.978 307.789 -1.049
202312 -0.239 306.746 -0.257
202403 0.394 312.332 0.417
202406 1.461 314.175 1.536
202409 2.803 315.301 2.936
202412 4.587 315.605 4.799
202503 6.669 319.799 6.886
202506 9.578 322.561 9.805
202509 11.667 324.800 11.861
202512 14.335 324.054 14.607
202603 17.182 330.213 17.182

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 232.79 mean?
Ubiquiti (FRA:3UB) has a Cyclically Adjusted PB Ratio of 232.79 as of Aug. 06, 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 Ubiquiti and its competitors. This is 103% above median its historical median of 114.95. Over the past decade, Ubiquiti's Cyclically Adjusted PB Ratio has ranged from 41.53 to 423.63. According to the industry distribution chart, Ubiquiti ranks #1965 out of 1968 companies in the Hardware industry, placing it in the top 99.8%.
Is Ubiquiti's Cyclically Adjusted PB Ratio too high?
Ubiquiti's current Cyclically Adjusted PB Ratio of 232.79 is 103% above median its 10-year median of 114.95. Over the past 10 years, this metric has ranged from a low of 41.53 to a high of 423.63. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Ubiquiti's value of 232.79 is 11539.5% above this industry median. Based on the distribution chart, Ubiquiti ranks #1965 out of 1968 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ubiquiti has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ubiquiti's Cyclically Adjusted PB Ratio compare to ASTS and ZBRA?
According to the Hardware industry distribution chart, Ubiquiti ranks #1965 out of 1968 companies for Cyclically Adjusted PB Ratio. This places Ubiquiti in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Ubiquiti's value of 232.79 is 11539.5% above this benchmark. Historically, Ubiquiti's own Cyclically Adjusted PB Ratio has ranged from 41.53 to 423.63 over the past decade. While the company's 10-year median is 114.95 vs. the industry median of 2.00, Ubiquiti 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 2.00, 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. Ubiquiti's current Cyclically Adjusted PB Ratio of 232.79 is 11539.5% 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 Ubiquiti 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. Ubiquiti's current Cyclically Adjusted PB Ratio is 232.79, which is 103% above median its own 10-year median of 114.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubiquiti stock overvalued right now?
Based on GuruFocus' analysis, Ubiquiti (FRA:3UB) is currently considered Modestly Overvalued. The stock's GF Value™ is €384.22, compared to a current price of €484.20 — trading 26% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 232.79, which is 103% above median its 10-year median of 114.95 and 11539.5% above the Hardware industry median of 2.00. Ubiquiti's overall GF Score™ is 84/100 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 Ubiquiti (FRA:3UB), the current Cyclically Adjusted PB Ratio is 232.79 as of Aug. 06, 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 Ubiquiti (FRA:3UB) Overvalued in 2026?

Based on GuruFocus' analysis, Ubiquiti stock appears to be overvalued. The current stock price of €484.20 is trading 26% above its estimated GF Value™ of €384.22. GuruFocus considers Ubiquiti to be Modestly Overvalued.

Key valuation signals for FRA:3UB:

  • Cyclically Adjusted PB Ratio: 232.79 (103% above median its 10-year median of 114.95)
  • GF Value™: €384.22 vs. price of €484.20 (26% above fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 11539.5% above the Hardware median (#1965 of 1968)

No single metric tells the full story. See the FRA:3UB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ubiquiti Business Description

Other Exchanges UI:USA0LI9:UK
Address 685 Third Avenue, 27th Floor, New York, NY, USA, 10017
Ubiquiti Inc is a seller of equipment and provides the related software platforms through web stores. The group develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its solutions are: high-performance networking technology for enterprises, service providers, and consumers. target the enterprise and service provider markets through a community of service providers, distributors, value-added resellers, webstores, systems integrators, and corporate IT professionals, which it refers to as the Ubiquiti Community. It targets consumers through digital marketing, including through webstores, retail chains, and, to a lesser extent, the Ubiquiti Community.
84GF Score

Get the complete analysis for FRA:3UB

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

€484.20
Price
€384.22
GF Value