CPS Technologies (FRA:E2R) Cyclically Adjusted PB Ratio: (As of Jul. 30, 2026)

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:E2R CPS Technologies Corp FRA:E2R
63 GF Score
Price €3.21
GF Value €2.39
! 2 Warning Signs
View Full Analysis

What is CPS Technologies 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


CPS Technologies  (FRA:E2R) 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.


CPS Technologies Cyclically Adjusted PB Ratio Related Terms


CPS Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CPS Technologies'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.

CPS Technologies Cyclically Adjusted PB Ratio Chart

CPS Technologies 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 5.06 3.27 2.66 1.75 3.26

CPS Technologies 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 1.70 2.95 3.78 3.26 3.85

FRA:E2R vs : Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, CPS Technologies'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.


CPS Technologies Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FRA:E2R
63GF Score
CPS Technologies Corp FRA:E2R
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CPS Technologies 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.

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

For example, CPS Technologies'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)
=1.356/330.2130*330.2130
=1.356

Current CPI (Mar. 2026) = 330.2130.

CPS Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.838 241.018 1.148
201609 0.830 241.428 1.135
201612 0.814 241.432 1.113
201703 0.774 243.801 1.048
201706 0.752 244.955 1.014
201709 0.756 246.819 1.011
201712 0.706 246.524 0.946
201803 0.668 249.554 0.884
201806 0.651 251.989 0.853
201809 0.652 252.439 0.853
201812 0.442 251.233 0.581
201903 0.390 254.202 0.507
201906 0.411 256.143 0.530
201909 0.376 256.759 0.484
201912 0.404 256.974 0.519
202003 0.454 258.115 0.581
202006 0.478 257.797 0.612
202009 0.494 260.280 0.627
202012 0.478 260.474 0.606
202103 0.465 264.877 0.580
202106 0.692 271.696 0.841
202109 0.902 274.310 1.086
202112 0.917 278.802 1.086
202203 0.960 287.504 1.103
202206 0.994 296.311 1.108
202209 1.063 296.808 1.183
202212 1.087 296.797 1.209
202303 1.128 301.836 1.234
202306 1.168 305.109 1.264
202309 1.181 307.789 1.267
202312 1.193 306.746 1.284
202403 1.194 312.332 1.262
202406 1.132 314.175 1.190
202409 1.064 315.301 1.114
202412 0.999 315.605 1.045
202503 1.013 319.799 1.046
202506 1.024 322.561 1.048
202509 1.042 324.800 1.059
202512 1.369 324.054 1.395
202603 1.356 330.213 1.356

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 CPS Technologies (FRA:E2R) Overvalued in 2026?

Based on GuruFocus' analysis, CPS Technologies stock appears to be overvalued. The current stock price of €3.21 is trading 34.3% above its estimated GF Value™ of €2.39.

Key valuation signals for FRA:E2R:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €2.39 vs. price of €3.21 (34.3% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the FRA:E2R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CPS Technologies Business Description

Comparable Companies
Other Exchanges CPSH:USA
Address 111 South Worcester Street, Norton, MA, USA, 02766-2102
CPS Technologies Corp designs, manufactures, and sells high-performance material solutions for customers across various markets, including transportation, energy, automotive, electronics, telecommunications, aerospace, and defense. The company develops and applies proprietary expertise in metal matrix composites (MMCs), which are engineered materials combining metals and ceramics to achieve enhanced performance properties. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers. The majority of the company's revenue is derived from the sale of its products in the United States of America.
63GF Score

Get the complete analysis for FRA:E2R

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

€3.21
Price
€2.39
GF Value