Dentsply Sirona (FRA:DY2) Cyclically Adjusted PB Ratio: 0.50 (As of Jul. 28, 2026) — 74% Below Median

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FRA:DY2 Dentsply Sirona Inc FRA:DY2
55 GF Score
Price €11.19
GF Value €16.31
Valuation Possible Value Trap
! 6 Warning Signs
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What is Dentsply Sirona Cyclically Adjusted PB Ratio?

Dentsply Sirona FRA:DY2 -1.50% 55 Cyclically Adjusted PB Ratio is 0.50 as of Jul. 28, 2026, which is 74% below its 10-year median of 1.91. GuruFocus rates FRA:DY2 with a GF Score™ of 55/100 and a GF Value™ of €16.31 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 520 Medical Devices & Instruments companies, Dentsply Sirona ranks better than 83.08% on this metric.

As of today (2026-07-28), Dentsply Sirona's current share price is €11.19. Dentsply Sirona's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €22.46. Dentsply Sirona's Cyclically Adjusted PB Ratio for today is 0.50.

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

FRA:DY2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.91   Max: 4.03
Current: 0.5

During the past years, Dentsply Sirona's highest Cyclically Adjusted PB Ratio was 4.03. The lowest was 0.38. And the median was 1.91.

FRA:DY2's Cyclically Adjusted PB Ratio is ranked better than
83.08% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 1.77 vs FRA:DY2: 0.50

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.

Dentsply Sirona's adjusted book value per share data for the three months ended in Mar. 2026 was €5.692. 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 €22.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dentsply Sirona  (FRA:DY2) 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.


Dentsply Sirona Cyclically Adjusted PB Ratio Related Terms


Dentsply Sirona Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dentsply Sirona'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.

Dentsply Sirona Cyclically Adjusted PB Ratio Chart

Dentsply Sirona 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 2.19 1.17 1.29 0.69 0.43

Dentsply Sirona 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 0.54 0.58 0.47 0.43 0.44

FRA:DY2 vs LMAT, WRBY, PLSE: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, Dentsply Sirona'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.


Dentsply Sirona Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Dentsply Sirona's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:DY2
55GF Score
Dentsply Sirona Inc FRA:DY2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dentsply Sirona 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.

Dentsply Sirona's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.19/22.46
=0.50

* 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.

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

For example, Dentsply Sirona'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)
=5.692/330.2130*330.2130
=5.692

Current CPI (Mar. 2026) = 330.2130.

Dentsply Sirona Quarterly Data

Book Value per Share CPI Adj_Book
201606 31.748 241.018 43.497
201609 32.101 241.428 43.906
201612 33.430 241.432 45.723
201703 33.155 243.801 44.906
201706 28.189 244.955 38.000
201709 27.325 246.819 36.557
201712 24.651 246.524 33.019
201803 23.870 249.554 31.585
201806 19.752 251.989 25.884
201809 19.805 252.439 25.907
201812 20.186 251.233 26.532
201903 20.198 254.202 26.238
201906 20.461 256.143 26.378
201909 20.657 256.759 26.567
201912 20.713 256.974 26.616
202003 19.365 258.115 24.774
202006 18.879 257.797 24.182
202009 18.497 260.280 23.467
202012 18.537 260.474 23.500
202103 18.967 264.877 23.646
202106 19.274 271.696 23.425
202109 19.916 274.310 23.975
202112 20.338 278.802 24.088
202203 20.490 287.504 23.534
202206 21.303 296.311 23.740
202209 16.981 296.808 18.892
202212 16.710 296.797 18.591
202303 16.003 301.836 17.508
202306 16.158 305.109 17.487
202309 14.931 307.789 16.019
202312 14.574 306.746 15.689
202403 14.438 312.332 15.265
202406 14.050 314.175 14.767
202409 11.290 315.301 11.824
202412 9.329 315.605 9.761
202503 9.329 319.799 9.633
202506 8.526 322.561 8.728
202509 6.313 324.800 6.418
202512 5.729 324.054 5.838
202603 5.692 330.213 5.692

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 0.50 mean?
Dentsply Sirona (FRA:DY2) has a Cyclically Adjusted PB Ratio of 0.50 as of Jul. 28, 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 Dentsply Sirona and its competitors. This is 74% below median its historical median of 1.91. Over the past decade, Dentsply Sirona's Cyclically Adjusted PB Ratio has ranged from 0.38 to 4.03. According to the industry distribution chart, Dentsply Sirona ranks #88 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 16.9%.
Is Dentsply Sirona's Cyclically Adjusted PB Ratio too high?
Dentsply Sirona's current Cyclically Adjusted PB Ratio of 0.50 is 74% below median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 4.03. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.77. Dentsply Sirona's value of 0.50 is 71.8% below this industry median. Based on the distribution chart, Dentsply Sirona ranks #88 out of 520 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Dentsply Sirona has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dentsply Sirona's Cyclically Adjusted PB Ratio compare to LMAT and WRBY?
According to the Medical Devices & Instruments industry distribution chart, Dentsply Sirona ranks #88 out of 520 companies for Cyclically Adjusted PB Ratio. This places Dentsply Sirona in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.77. Dentsply Sirona's value of 0.50 is 71.8% below this benchmark. Historically, Dentsply Sirona's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 4.03 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.77, Dentsply Sirona 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.77, based on 520 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. Dentsply Sirona's current Cyclically Adjusted PB Ratio of 0.50 is 71.8% 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 Dentsply Sirona and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dentsply Sirona's current Cyclically Adjusted PB Ratio is 0.50, which is 74% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dentsply Sirona stock overvalued right now?
Based on GuruFocus' analysis, Dentsply Sirona (FRA:DY2) is currently considered Possible Value Trap. The stock's GF Value™ is €16.31, compared to a current price of €11.19 — trading 31.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 74% below median its 10-year median of 1.91 and 71.8% below the Medical Devices & Instruments industry median of 1.77. Dentsply Sirona's overall GF Score™ is 55/100 with 6 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 Dentsply Sirona (FRA:DY2), the current Cyclically Adjusted PB Ratio is 0.50 as of Jul. 28, 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 Dentsply Sirona (FRA:DY2) Overvalued in 2026?

Based on GuruFocus' analysis, Dentsply Sirona stock appears to be undervalued. The current stock price of €11.19 is trading 31.4% below its estimated GF Value™ of €16.31. GuruFocus considers Dentsply Sirona to be Possible Value Trap.

Key valuation signals for FRA:DY2:

  • Cyclically Adjusted PB Ratio: 0.50 (74% below median its 10-year median of 1.91)
  • GF Value™: €16.31 vs. price of €11.19 (31.4% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 71.8% below the Medical Devices & Instruments median (#88 of 520)

No single metric tells the full story. See the FRA:DY2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dentsply Sirona Business Description

Other Exchanges XRAY:USA0I8F:UKXRAY:Austria
Address 13320 Ballantyne Corporate Place, Charlotte, NC, USA, 28277-3607
Dentsply Sirona is one of the world's largest manufacturers of dental equipment and supplies. It is a result of a merger of equals in 2016 between Dentsply International (dental consumables and lab products) and Sirona Dental Systems (technologically advanced dental equipment). The firm's wide portfolio consists of dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. It distributes two-thirds of its dental consumables, technology, and equipment through third-party distributors. The remaining portfolio is sold to labs and offices through the firm's salesforce or directly to consumers (such as the Byte clear aligner).
55GF Score

Get the complete analysis for FRA:DY2

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

€11.19
Price
€16.31
GF Value