RadNet (FRA:PQIA) Cyclically Adjusted PB Ratio: 10.20 (As of Aug. 01, 2026) — 29% Below Median

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FRA:PQIA RadNet Inc FRA:PQIA
81 GF Score
Price €54.68
GF Value €58.25
Valuation Fairly Valued
! 5 Warning Signs
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What is RadNet Cyclically Adjusted PB Ratio?

RadNet FRA:PQIA -0.76% 81 Cyclically Adjusted PB Ratio is 10.20 as of Aug. 01, 2026, which is 29% below its 10-year median of 14.33. GuruFocus rates FRA:PQIA with a GF Score™ of 81/100 and a GF Value™ of €58.25 (Fairly Valued). The stock has 5 warning signs investors should review. Among 132 Medical Diagnostics & Research companies, RadNet ranks worse than 90.15% on this metric.

As of today (2026-08-01), RadNet's current share price is €54.68. RadNet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €5.36. RadNet's Cyclically Adjusted PB Ratio for today is 10.20.

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

FRA:PQIA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.25   Med: 14.33   Max: 288.81
Current: 10.35

During the past years, RadNet's highest Cyclically Adjusted PB Ratio was 288.81. The lowest was 8.25. And the median was 14.33.

FRA:PQIA's Cyclically Adjusted PB Ratio is ranked worse than
90.15% of 132 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.75 vs FRA:PQIA: 10.35

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.

RadNet's adjusted book value per share data for the three months ended in Mar. 2026 was €11.900. 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 €5.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RadNet  (FRA:PQIA) 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.


RadNet Cyclically Adjusted PB Ratio Related Terms


RadNet Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RadNet'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.

RadNet Cyclically Adjusted PB Ratio Chart

RadNet 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 22.31 8.71 11.38 16.03 12.45

RadNet 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 10.55 11.26 14.07 12.45 9.07

FRA:PQIA vs SHC, VCYT, TWST: Cyclically Adjusted PB Ratio Comparison

For the Diagnostics & Research subindustry, RadNet'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.


RadNet Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, RadNet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:PQIA
81GF Score
RadNet Inc FRA:PQIA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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RadNet 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.

RadNet's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=54.68/5.36
=10.20

* 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.

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

For example, RadNet'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)
=11.9/330.2130*330.2130
=11.900

Current CPI (Mar. 2026) = 330.2130.

RadNet Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.636 241.018 0.871
201609 0.704 241.428 0.963
201612 0.987 241.432 1.350
201703 0.984 243.801 1.333
201706 1.072 244.955 1.445
201709 1.163 246.819 1.556
201712 1.090 246.524 1.460
201803 1.339 249.554 1.772
201806 1.548 251.989 2.029
201809 1.672 252.439 2.187
201812 2.283 251.233 3.001
201903 2.402 254.202 3.120
201906 2.364 256.143 3.048
201909 2.433 256.759 3.129
201912 2.713 256.974 3.486
202003 2.203 258.115 2.818
202006 2.546 257.797 3.261
202009 2.587 260.280 3.282
202012 2.638 260.474 3.344
202103 2.959 264.877 3.689
202106 3.105 271.696 3.774
202109 3.585 274.310 4.316
202112 3.783 278.802 4.481
202203 4.829 287.504 5.546
202206 5.154 296.311 5.744
202209 5.518 296.808 6.139
202212 5.446 296.797 6.059
202303 5.256 301.836 5.750
202306 8.091 305.109 8.757
202309 8.547 307.789 9.170
202312 8.511 306.746 9.162
202403 10.867 312.332 11.489
202406 11.064 314.175 11.629
202409 10.905 315.301 11.421
202412 11.639 315.605 12.178
202503 11.083 319.799 11.444
202506 10.768 322.561 11.023
202509 11.708 324.800 11.903
202512 12.025 324.054 12.254
202603 11.900 330.213 11.900

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 10.20 mean?
RadNet (FRA:PQIA) has a Cyclically Adjusted PB Ratio of 10.20 as of Aug. 01, 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 RadNet and its competitors. This is 29% below median its historical median of 14.33. Over the past decade, RadNet's Cyclically Adjusted PB Ratio has ranged from 8.25 to 288.81. According to the industry distribution chart, RadNet ranks #119 out of 132 companies in the Medical Diagnostics & Research industry, placing it in the top 90.2%.
Is RadNet's Cyclically Adjusted PB Ratio too high?
RadNet's current Cyclically Adjusted PB Ratio of 10.20 is 29% below median its 10-year median of 14.33. Over the past 10 years, this metric has ranged from a low of 8.25 to a high of 288.81. The Medical Diagnostics & Research industry median Cyclically Adjusted PB Ratio is 1.75. RadNet's value of 10.20 is 482.9% above this industry median. Based on the distribution chart, RadNet ranks #119 out of 132 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, RadNet has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RadNet's Cyclically Adjusted PB Ratio compare to SHC and VCYT?
According to the Medical Diagnostics & Research industry distribution chart, RadNet ranks #119 out of 132 companies for Cyclically Adjusted PB Ratio. This places RadNet in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.75. RadNet's value of 10.20 is 482.9% above this benchmark. Historically, RadNet's own Cyclically Adjusted PB Ratio has ranged from 8.25 to 288.81 over the past decade. While the company's 10-year median is 14.33 vs. the industry median of 1.75, RadNet 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 Diagnostics & Research company?
The median Cyclically Adjusted PB Ratio among Medical Diagnostics & Research companies is 1.75, based on 132 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. RadNet's current Cyclically Adjusted PB Ratio of 10.20 is 482.9% 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 RadNet and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PB Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RadNet's current Cyclically Adjusted PB Ratio is 10.20, which is 29% below median its own 10-year median of 14.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RadNet stock overvalued right now?
Based on GuruFocus' analysis, RadNet (FRA:PQIA) is currently considered Fairly Valued. The stock's GF Value™ is €58.25, compared to a current price of €54.68 — trading 6.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.20, which is 29% below median its 10-year median of 14.33 and 482.9% above the Medical Diagnostics & Research industry median of 1.75. RadNet's overall GF Score™ is 81/100 with 5 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 RadNet (FRA:PQIA), the current Cyclically Adjusted PB Ratio is 10.20 as of Aug. 01, 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 RadNet (FRA:PQIA) Overvalued in 2026?

Based on GuruFocus' analysis, RadNet stock appears to be undervalued. The current stock price of €54.68 is trading 6.1% below its estimated GF Value™ of €58.25. GuruFocus considers RadNet to be Fairly Valued.

Key valuation signals for FRA:PQIA:

  • Cyclically Adjusted PB Ratio: 10.20 (29% below median its 10-year median of 14.33)
  • GF Value™: €58.25 vs. price of €54.68 (6.1% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 482.9% above the Medical Diagnostics & Research median (#119 of 132)

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


RadNet Business Description

Other Exchanges RDNT:USARDNT:Mexico
Address 1510 Cotner Avenue, Los Angeles, CA, USA, 90025
RadNet Inc is a national provider of diagnostic imaging services that operates in two business segments: Imaging Center segment and Digital Health segment. The Imaging Center segment provides physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. Services include magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography (PET), nuclear medicine, mammography, ultrasound, diagnostic radiology (X-ray), and fluoroscopy. The Digital Health segment develops and deploys clinical applications to enhance the interpretation of medical images and improve patient outcomes with an emphasis on brain, breast, prostate, and pulmonary diagnostic.
81GF Score

Get the complete analysis for FRA:PQIA

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

€54.68
Price
€58.25
GF Value