Roper Technologies (FRA:ROP) Cyclically Adjusted PB Ratio: 2.72 (As of Jul. 22, 2026) — 52% Below Median

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FRA:ROP Roper Technologies Inc FRA:ROP
78 GF Score
Price €309.10
GF Value €609.53
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Roper Technologies Cyclically Adjusted PB Ratio?

Roper Technologies FRA:ROP -0.48% 78 Cyclically Adjusted PB Ratio is 2.72 as of Jul. 22, 2026, which is 52% below its 10-year median of 5.65. GuruFocus rates FRA:ROP with a GF Score™ of 78/100 and a GF Value™ of €609.53 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,595 Software companies, Roper Technologies ranks worse than 56.74% on this metric.

As of today (2026-07-22), Roper Technologies's current share price is €309.10. Roper Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €113.71. Roper Technologies's Cyclically Adjusted PB Ratio for today is 2.72.

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

FRA:ROP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.41   Med: 5.65   Max: 7.72
Current: 2.64

During the past years, Roper Technologies's highest Cyclically Adjusted PB Ratio was 7.72. The lowest was 2.41. And the median was 5.65.

FRA:ROP's Cyclically Adjusted PB Ratio is ranked worse than
56.74% of 1595 companies
in the Software industry
Industry Median: 2.26 vs FRA:ROP: 2.64

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.

Roper Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was €159.003. 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 €113.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Roper Technologies  (FRA:ROP) 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.


Roper Technologies Cyclically Adjusted PB Ratio Related Terms


Roper Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Roper 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.

Roper Technologies Cyclically Adjusted PB Ratio Chart

Roper 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 6.82 5.04 5.49 4.59 3.49

Roper 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 5.02 4.67 3.98 3.49 2.66

FRA:ROP vs PAYX, WDAY, MSTR: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Roper 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.


Roper Technologies Cyclically Adjusted PB Ratio vs Software Industry

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

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


FRA:ROP
78GF Score
Roper Technologies Inc FRA:ROP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Roper 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.

Roper Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=309.10/113.71
=2.72

* 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.

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

For example, Roper 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)
=159.003/330.2130*330.2130
=159.003

Current CPI (Mar. 2026) = 330.2130.

Roper Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 48.751 241.018 66.793
201609 50.179 241.428 68.632
201612 53.976 241.432 73.824
201703 53.712 243.801 72.749
201706 53.986 244.955 72.776
201709 52.940 246.819 70.827
201712 56.587 246.524 75.797
201803 56.253 249.554 74.435
201806 60.518 251.989 79.304
201809 62.598 252.439 81.884
201812 65.785 251.233 86.466
201903 69.352 254.202 90.090
201906 71.074 256.143 91.627
201909 74.792 256.759 96.189
201912 82.063 256.974 105.451
202003 83.153 258.115 106.380
202006 84.045 257.797 107.654
202009 82.258 260.280 104.359
202012 82.120 260.474 104.107
202103 86.005 264.877 107.219
202106 87.305 271.696 106.108
202109 91.396 274.310 110.022
202112 97.004 278.802 114.892
202203 116.212 287.504 133.475
202206 122.491 296.311 136.506
202209 131.977 296.808 146.831
202212 142.693 296.797 158.759
202303 143.190 301.836 156.652
202306 144.844 305.109 156.762
202309 149.457 307.789 160.346
202312 149.643 306.746 161.091
202403 152.967 312.332 161.724
202406 157.226 314.175 165.252
202409 155.587 315.301 162.945
202412 167.927 315.605 175.700
202503 165.389 319.799 170.775
202506 158.194 322.561 161.947
202509 158.253 324.800 160.890
202512 159.276 324.054 162.303
202603 159.003 330.213 159.003

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 2.72 mean?
Roper Technologies (FRA:ROP) has a Cyclically Adjusted PB Ratio of 2.72 as of Jul. 22, 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 Roper Technologies and its competitors. This is 52% below median its historical median of 5.65. Over the past decade, Roper Technologies' Cyclically Adjusted PB Ratio has ranged from 2.41 to 7.72. According to the industry distribution chart, Roper Technologies ranks #905 out of 1595 companies in the Software industry, placing it in the top 56.7%.
Is Roper Technologies' Cyclically Adjusted PB Ratio too high?
Roper Technologies' current Cyclically Adjusted PB Ratio of 2.72 is 52% below median its 10-year median of 5.65. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 7.72. The Software industry median Cyclically Adjusted PB Ratio is 2.26. Roper Technologies' value of 2.72 is 20.4% above this industry median. Based on the distribution chart, Roper Technologies ranks #905 out of 1595 companies in the Software industry, which is below the industry midpoint. Overall, Roper Technologies has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Roper Technologies' Cyclically Adjusted PB Ratio compare to PAYX and WDAY?
According to the Software industry distribution chart, Roper Technologies ranks #905 out of 1595 companies for Cyclically Adjusted PB Ratio. This places Roper Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.26. Roper Technologies' value of 2.72 is 20.4% above this benchmark. Historically, Roper Technologies' own Cyclically Adjusted PB Ratio has ranged from 2.41 to 7.72 over the past decade. While the company's 10-year median is 5.65 vs. the industry median of 2.26, Roper Technologies 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.26, based on 1,595 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. Roper Technologies's current Cyclically Adjusted PB Ratio of 2.72 is 20.4% 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 Roper Technologies and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Roper Technologies's current Cyclically Adjusted PB Ratio is 2.72, which is 52% below median its own 10-year median of 5.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Roper Technologies stock overvalued right now?
Based on GuruFocus' analysis, Roper Technologies (FRA:ROP) is currently considered Significantly Undervalued. The stock's GF Value™ is €609.53, compared to a current price of €309.10 — trading 49.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.72, which is 52% below median its 10-year median of 5.65 and 20.4% above the Software industry median of 2.26. Roper Technologies' overall GF Score™ is 78/100 with 3 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 Roper Technologies (FRA:ROP), the current Cyclically Adjusted PB Ratio is 2.72 as of Jul. 22, 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 Roper Technologies (FRA:ROP) Overvalued in 2026?

Based on GuruFocus' analysis, Roper Technologies stock appears to be undervalued. The current stock price of €309.10 is trading 49.3% below its estimated GF Value™ of €609.53. GuruFocus considers Roper Technologies to be Significantly Undervalued.

Key valuation signals for FRA:ROP:

  • Cyclically Adjusted PB Ratio: 2.72 (52% below median its 10-year median of 5.65)
  • GF Value™: €609.53 vs. price of €309.10 (49.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 20.4% above the Software median (#905 of 1595)

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


Roper Technologies Business Description

Address 6496 University Parkway, Sarasota, FL, USA, 34240
Roper Technologies is a holding company focused on acquiring, managing, and developing niche market-leading technology businesses. The company operates a decentralized business model whereby each portfolio company operates independently from the others. Roper positions itself as a free cash flow compounder, whereby excess free cash flow generated by its portfolio businesses is repatriated to the parent company, which is then utilized to acquire additional businesses. Presently, the company operates 30 distinct businesses with over three-fourths of the revenue coming from software products and over two-thirds of revenue coming from recurring and reoccurring sources.
78GF Score

Get the complete analysis for FRA:ROP

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

€309.10
Price
€609.53
GF Value