Edap TMS (FRA:EDA) Cyclically Adjusted PB Ratio: 4.51 (As of Aug. 05, 2026) — 30% Above Median

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FRA:EDA Edap TMS SA FRA:EDA
56 GF Score
Price €5.10
GF Value €3.82
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Edap TMS Cyclically Adjusted PB Ratio?

Edap TMS FRA:EDA -2.86% 56 Cyclically Adjusted PB Ratio is 4.51 as of Aug. 05, 2026, which is 30% above its 10-year median of 3.46. GuruFocus rates FRA:EDA with a GF Score™ of 56/100 and a GF Value™ of €3.82 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 91 Medical Distribution companies, Edap TMS ranks worse than 87.91% on this metric.

As of today (2026-08-05), Edap TMS's current share price is €5.10. Edap TMS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.13. Edap TMS's Cyclically Adjusted PB Ratio for today is 4.51.

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

FRA:EDA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 3.46   Max: 11.67
Current: 4.4

During the past years, Edap TMS's highest Cyclically Adjusted PB Ratio was 11.67. The lowest was 0.92. And the median was 3.46.

FRA:EDA's Cyclically Adjusted PB Ratio is ranked worse than
87.91% of 91 companies
in the Medical Distribution industry
Industry Median: 1.13 vs FRA:EDA: 4.40

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.

Edap TMS's adjusted book value per share data for the three months ended in Mar. 2026 was €0.233. 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 €1.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edap TMS  (FRA:EDA) 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.


Edap TMS Cyclically Adjusted PB Ratio Related Terms


Edap TMS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Edap TMS'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.

Edap TMS Cyclically Adjusted PB Ratio Chart

Edap TMS 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 6.34 9.65 4.17 1.66 2.43

Edap TMS 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 1.46 1.22 1.69 2.43 2.74

FRA:EDA vs ACH, YI, COSM: Cyclically Adjusted PB Ratio Comparison

For the Medical Distribution subindustry, Edap TMS'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.


Edap TMS Cyclically Adjusted PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Edap TMS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:EDA
56GF Score
Edap TMS SA FRA:EDA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Edap TMS 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.

Edap TMS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.10/1.13
=4.51

* 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.

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

For example, Edap TMS'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)
=0.233/122.4200*122.4200
=0.233

Current CPI (Mar. 2026) = 122.4200.

Edap TMS Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.839 100.630 1.021
201609 0.896 100.340 1.093
201612 0.849 100.650 1.033
201703 0.936 101.170 1.133
201706 0.891 101.320 1.077
201709 0.848 101.330 1.024
201712 0.880 101.850 1.058
201803 0.877 102.750 1.045
201806 0.838 103.370 0.992
201809 0.820 103.560 0.969
201812 0.866 103.470 1.025
201903 0.866 103.890 1.020
201906 0.929 104.580 1.087
201909 0.937 104.500 1.098
201912 0.946 104.980 1.103
202003 0.887 104.590 1.038
202006 0.886 104.790 1.035
202009 0.859 104.550 1.006
202012 0.910 104.960 1.061
202103 0.906 105.750 1.049
202106 1.427 106.340 1.643
202109 1.415 106.810 1.622
202112 1.499 107.850 1.702
202203 1.537 110.490 1.703
202206 1.543 112.550 1.678
202209 2.039 112.740 2.214
202212 1.965 114.160 2.107
202303 1.847 116.790 1.936
202306 1.717 117.650 1.787
202309 1.606 118.260 1.662
202312 1.555 118.390 1.608
202403 1.419 119.470 1.454
202406 1.278 120.200 1.302
202409 1.148 119.560 1.175
202412 1.085 119.950 1.107
202503 0.923 120.380 0.939
202506 0.756 121.360 0.763
202509 0.622 120.950 0.630
202512 0.442 120.900 0.448
202603 0.233 122.420 0.233

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 4.51 mean?
Edap TMS (FRA:EDA) has a Cyclically Adjusted PB Ratio of 4.51 as of Aug. 05, 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 Edap TMS and its competitors. This is 30% above median its historical median of 3.46. Over the past decade, Edap TMS's Cyclically Adjusted PB Ratio has ranged from 0.92 to 11.67. According to the industry distribution chart, Edap TMS ranks #80 out of 91 companies in the Medical Distribution industry, placing it in the top 87.9%.
Is Edap TMS's Cyclically Adjusted PB Ratio too high?
Edap TMS's current Cyclically Adjusted PB Ratio of 4.51 is 30% above median its 10-year median of 3.46. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 11.67. The Medical Distribution industry median Cyclically Adjusted PB Ratio is 1.13. Edap TMS's value of 4.51 is 299.1% above this industry median. Based on the distribution chart, Edap TMS ranks #80 out of 91 companies in the Medical Distribution industry, which is in the bottom quartile relative to peers. Overall, Edap TMS has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Edap TMS's Cyclically Adjusted PB Ratio compare to ACH and YI?
According to the Medical Distribution industry distribution chart, Edap TMS ranks #80 out of 91 companies for Cyclically Adjusted PB Ratio. This places Edap TMS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Edap TMS's value of 4.51 is 299.1% above this benchmark. Historically, Edap TMS's own Cyclically Adjusted PB Ratio has ranged from 0.92 to 11.67 over the past decade. While the company's 10-year median is 3.46 vs. the industry median of 1.13, Edap TMS 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 Medical Distribution company?
The median Cyclically Adjusted PB Ratio among Medical Distribution companies is 1.13, based on 91 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. Edap TMS's current Cyclically Adjusted PB Ratio of 4.51 is 299.1% 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 Edap TMS and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edap TMS's current Cyclically Adjusted PB Ratio is 4.51, which is 30% above median its own 10-year median of 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edap TMS stock overvalued right now?
Based on GuruFocus' analysis, Edap TMS (FRA:EDA) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.82, compared to a current price of €5.10 — trading 33.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.51, which is 30% above median its 10-year median of 3.46 and 299.1% above the Medical Distribution industry median of 1.13. Edap TMS's overall GF Score™ is 56/100 with 7 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 Edap TMS (FRA:EDA), the current Cyclically Adjusted PB Ratio is 4.51 as of Aug. 05, 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 Edap TMS (FRA:EDA) Overvalued in 2026?

Based on GuruFocus' analysis, Edap TMS stock appears to be overvalued. The current stock price of €5.10 is trading 33.5% above its estimated GF Value™ of €3.82. GuruFocus considers Edap TMS to be Significantly Overvalued.

Key valuation signals for FRA:EDA:

  • Cyclically Adjusted PB Ratio: 4.51 (30% above median its 10-year median of 3.46)
  • GF Value™: €3.82 vs. price of €5.10 (33.5% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 299.1% above the Medical Distribution median (#80 of 91)

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


Edap TMS Business Description

Other Exchanges FOCL:USAEDA:Germany
Address Parc d\'Activites La Poudrette-Lamartine, 4/6, rue du Dauphine, Vaulx-en-Velin, FRA, 69120
Edap TMS SA, formerly known as FocalTherics, operates in the Robotic Focal Therapy industry. It develops, manufactures, and markets minimally invasive medical devices across various countries to treat various conditions using proprietary focused ultrasound technology. The company's flagship platform, Focal One Robotic HIFU, combines imaging, real-time treatment planning, robotic precision, and high intensity focused ultrasound (HIFU) technology. It is focused on expanding the clinical adoption of its patented focused ultrasound-based robotic therapy platforms through continued innovation, clinical evidence generation, physician education, and various market development initiatives.
56GF Score

Get the complete analysis for FRA:EDA

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

€5.10
Price
€3.82
GF Value