SS Innovations International (FRA:N68) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:N68 SS Innovations International Inc FRA:N68
45 GF Score
Price €2.82
GF Value €13.48
! 5 Warning Signs
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What is SS Innovations International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SS Innovations International  (FRA:N68) 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.


SS Innovations International Cyclically Adjusted PB Ratio Related Terms


SS Innovations International Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for SS Innovations International'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.

SS Innovations International Cyclically Adjusted PB Ratio Chart

SS Innovations International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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SS Innovations International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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FRA:N68 vs AHCO, KIDS, VREX: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, SS Innovations International'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.


SS Innovations International Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


FRA:N68
45GF Score
SS Innovations International Inc FRA:N68
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SS Innovations International 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.

SS Innovations International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, SS Innovations International's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.233/167.3573*167.3573
=0.233

Current CPI (Jun. 2026) = 167.3573.

SS Innovations International Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.091 105.961 -0.144
201612 -0.175 105.196 -0.278
201703 -0.193 105.196 -0.307
201706 -0.207 107.109 -0.323
201709 0.189 109.021 0.290
201712 0.041 109.404 0.063
201803 0.064 109.786 0.098
201806 -0.014 111.317 -0.021
201809 -0.109 115.142 -0.158
201812 -0.127 115.142 -0.185
201903 -0.193 118.202 -0.273
201906 -0.277 120.880 -0.384
201909 -0.366 123.175 -0.497
201912 -0.433 126.235 -0.574
202003 -0.433 124.705 -0.581
202006 -0.467 127.000 -0.615
202009 -0.479 130.118 -0.616
202012 -0.273 130.889 -0.349
202103 -0.239 131.771 -0.304
202106 -0.263 134.084 -0.328
202109 -0.279 135.847 -0.344
202112 0.030 138.161 0.036
202203 0.019 138.822 0.023
202206 0.013 142.347 0.015
202209 0.075 144.661 0.087
202212 -0.428 145.763 -0.491
202303 0.049 146.865 0.056
202306 0.007 150.280 0.008
202309 0.091 151.492 0.101
202312 0.105 152.924 0.115
202403 0.091 153.035 0.100
202406 0.081 155.789 0.087
202409 0.072 157.882 0.076
202412 0.076 158.323 0.080
202503 0.194 157.552 0.206
202506 0.185 159.755 0.194
202509 0.174 162.289 0.179
202512 0.168 163.281 0.172
202603 0.236 164.272 0.240
202606 0.233 167.357 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.

Is SS Innovations International (FRA:N68) Overvalued in 2026?

Based on GuruFocus' analysis, SS Innovations International stock appears to be undervalued. The current stock price of €2.82 is trading 79.1% below its estimated GF Value™ of €13.48.

Key valuation signals for FRA:N68:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €13.48 vs. price of €2.82 (79.1% below fair value)
  • GF Score™: 45/100 with 5 warning signs

No single metric tells the full story. See the FRA:N68 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SS Innovations International Business Description

Other Exchanges SSII:USA
Address Udyog Vihar, Phase III, 404-405, 3rd Floor, iLabs Info Technology Centre, Gurugram, HR, IND, 122016
SS Innovations International Inc is a commercial-stage surgical robotics company. It designs, manufactures, and markets a surgical robotic system called the SSi Mantra Surgical Robotic System (the SSi Mantra) intended for use in urology, general, gynecology, colorectal, gastroenterology, head and neck, thoracic, and cardiac surgeries. Additionally, the company offers a suite of stapling, energy, and core instrumentation for its surgical systems, under the brand name of SSi Mudra.
45GF Score

Get the complete analysis for FRA:N68

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

€2.82
Price
€13.48
GF Value