Bridgeline Digital (FRA:BL43) Cyclically Adjusted PB Ratio: 0.03 (As of Aug. 06, 2026) — 50% Above Median

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FRA:BL43 Bridgeline Digital Inc FRA:BL43
56 GF Score
Price €1.00
GF Value €0.91
! 3 Warning Signs
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What is Bridgeline Digital Cyclically Adjusted PB Ratio?

Bridgeline Digital FRA:BL43 +0.50% 56 Cyclically Adjusted PB Ratio is 0.03 as of Aug. 06, 2026, which is 50% above its 10-year median of 0.02. GuruFocus rates FRA:BL43 with a GF Score™ of 56/100 and a GF Value™ of €0.91. The stock has 3 warning signs investors should review. Among 1,565 Software companies, Bridgeline Digital ranks better than 98.47% on this metric.

As of today (2026-08-06), Bridgeline Digital's current share price is €1.00. Bridgeline Digital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €35.72. Bridgeline Digital's Cyclically Adjusted PB Ratio for today is 0.03.

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

FRA:BL43' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.12
Current: 0.03

During the past years, Bridgeline Digital's highest Cyclically Adjusted PB Ratio was 0.12. The lowest was 0.01. And the median was 0.02.

FRA:BL43's Cyclically Adjusted PB Ratio is ranked better than
98.47% of 1565 companies
in the Software industry
Industry Median: 2.24 vs FRA:BL43: 0.03

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.

Bridgeline Digital's adjusted book value per share data for the three months ended in Mar. 2026 was €0.634. 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 €35.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bridgeline Digital  (FRA:BL43) 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.


Bridgeline Digital Cyclically Adjusted PB Ratio Related Terms


Bridgeline Digital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bridgeline Digital'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.

Bridgeline Digital Cyclically Adjusted PB Ratio Chart

Bridgeline Digital Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 0.00 0.01 0.02

Bridgeline Digital 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 0.02 0.02

FRA:BL43 vs AIXC, HPAI, CHOW: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Bridgeline Digital'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.


Bridgeline Digital Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:BL43
56GF Score
Bridgeline Digital Inc FRA:BL43
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bridgeline Digital 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.

Bridgeline Digital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.00/35.72
=0.03

* 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.

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

For example, Bridgeline Digital'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)
=0.634/330.2130*330.2130
=0.634

Current CPI (Mar. 2026) = 330.2130.

Bridgeline Digital Quarterly Data

Book Value per Share CPI Adj_Book
201606 138.302 241.018 189.484
201609 136.640 241.428 186.889
201612 137.916 241.432 188.631
201703 129.786 243.801 175.787
201706 121.679 244.955 164.030
201709 112.607 246.819 150.654
201712 110.071 246.524 147.437
201803 99.294 249.554 131.387
201806 53.694 251.989 70.362
201809 45.131 252.439 59.035
201812 12.209 251.233 16.047
201903 -22.178 254.202 -28.810
201906 0.999 256.143 1.288
201909 1.232 256.759 1.584
201912 1.249 256.974 1.605
202003 1.239 258.115 1.585
202006 0.652 257.797 0.835
202009 0.837 260.280 1.062
202012 0.605 260.474 0.767
202103 0.840 264.877 1.047
202106 1.017 271.696 1.236
202109 1.467 274.310 1.766
202112 1.696 278.802 2.009
202203 1.778 287.504 2.042
202206 1.915 296.311 2.134
202209 1.973 296.808 2.195
202212 1.840 296.797 2.047
202303 1.782 301.836 1.950
202306 1.703 305.109 1.843
202309 1.031 307.789 1.106
202312 0.962 306.746 1.036
202403 0.928 312.332 0.981
202406 0.922 314.175 0.969
202409 0.865 315.301 0.906
202412 0.875 315.605 0.915
202503 0.822 319.799 0.849
202506 0.712 322.561 0.729
202509 0.667 324.800 0.678
202512 0.667 324.054 0.680
202603 0.634 330.213 0.634

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 0.03 mean?
Bridgeline Digital (FRA:BL43) has a Cyclically Adjusted PB Ratio of 0.03 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 Bridgeline Digital and its competitors. This is 50% above median its historical median of 0.02. Over the past decade, Bridgeline Digital's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.12. According to the industry distribution chart, Bridgeline Digital ranks #24 out of 1565 companies in the Software industry, placing it in the top 1.5%.
Is Bridgeline Digital's Cyclically Adjusted PB Ratio too high?
Bridgeline Digital's current Cyclically Adjusted PB Ratio of 0.03 is 50% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.12. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Bridgeline Digital's value of 0.03 is 98.7% below this industry median. Based on the distribution chart, Bridgeline Digital ranks #24 out of 1565 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Bridgeline Digital has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Bridgeline Digital's Cyclically Adjusted PB Ratio compare to AIXC and HPAI?
According to the Software industry distribution chart, Bridgeline Digital ranks #24 out of 1565 companies for Cyclically Adjusted PB Ratio. This places Bridgeline Digital in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.24. Bridgeline Digital's value of 0.03 is 98.7% below this benchmark. Historically, Bridgeline Digital's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.12 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 2.24, Bridgeline Digital 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 2.24, based on 1,565 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. Bridgeline Digital's current Cyclically Adjusted PB Ratio of 0.03 is 98.7% 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 Bridgeline Digital and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bridgeline Digital's current Cyclically Adjusted PB Ratio is 0.03, which is 50% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bridgeline Digital stock overvalued right now?
Bridgeline Digital (FRA:BL43) has a current Cyclically Adjusted PB Ratio of 0.03. The stock's GF Value™ is €0.91, compared to a current price of €1.00 — trading 9.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.03, which is 50% above median its 10-year median of 0.02 and 98.7% below the Software industry median of 2.24. Bridgeline Digital's overall GF Score™ is 56/100 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 Bridgeline Digital (FRA:BL43), the current Cyclically Adjusted PB Ratio is 0.03 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 Bridgeline Digital (FRA:BL43) Overvalued in 2026?

Based on GuruFocus' analysis, Bridgeline Digital stock appears to be overvalued. The current stock price of €1.00 is trading 9.9% above its estimated GF Value™ of €0.91.

Key valuation signals for FRA:BL43:

  • Cyclically Adjusted PB Ratio: 0.03 (50% above median its 10-year median of 0.02)
  • GF Value™: €0.91 vs. price of €1.00 (9.9% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 98.7% below the Software median (#24 of 1565)

No single metric tells the full story. See the FRA:BL43 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bridgeline Digital Business Description

Other Exchanges BLIN:USA
Address 100 Sylvan Road, Suite G700, Woburn, MA, USA, 01801
Bridgeline Digital Inc is a AI-powered marketing technology company that offers a suite of products that help companies grow online revenue by driving more traffic to their websites, converting more visitors to purchasers, and increasing average order value. Company software is available through a cloud-based Software as a Service (SaaS) model. It helps to maximize the performance of critical websites, intranets, and online stores. The company generates revenue from digital engagement services, subscription, perpetual licenses, maintenance, and hosting. Geographically, it derives a majority of revenue from the United States.
56GF Score

Get the complete analysis for FRA:BL43

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

€1.00
Price
€0.91
GF Value