TD Synnex (FRA:SUX) Cyclically Adjusted PB Ratio: 2.94 (As of Sep. 03, 2026) — 93% Above Median

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FRA:SUX TD Synnex Corp FRA:SUX
85 GF Score
Price €215.10
GF Value €145.39
! 6 Warning Signs
View Full Analysis

What is TD Synnex Cyclically Adjusted PB Ratio?

TD Synnex FRA:SUX -0.51% 85 Cyclically Adjusted PB Ratio is 2.94 as of Sep. 03, 2026, which is 93% above its 10-year median of 1.52. GuruFocus rates FRA:SUX with a GF Score™ of 85/100 and a GF Value™ of €145.39. The stock has 6 warning signs investors should review. Among 1,928 Hardware companies, TD Synnex ranks worse than 60.17% on this metric.

As of today (2026-09-03), TD Synnex's current share price is €215.10. TD Synnex's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €73.20. TD Synnex's Cyclically Adjusted PB Ratio for today is 2.94.

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

FRA:SUX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.52   Max: 3.12
Current: 2.78

During the past years, TD Synnex's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 0.68. And the median was 1.52.

FRA:SUX's Cyclically Adjusted PB Ratio is ranked worse than
60.17% of 1928 companies
in the Hardware industry
Industry Median: 2.08 vs FRA:SUX: 2.78

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.

TD Synnex's adjusted book value per share data for the three months ended in May. 2026 was €96.567. 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 €73.20 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TD Synnex  (FRA:SUX) 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.


TD Synnex Cyclically Adjusted PB Ratio Related Terms


TD Synnex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TD Synnex'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.

TD Synnex Cyclically Adjusted PB Ratio Chart

TD Synnex Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.52 1.34 1.50 1.78

TD Synnex Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.75 1.78 1.79 2.87

FRA:SUX vs ARW, AVT, NSIT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, TD Synnex'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.


TD Synnex Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


FRA:SUX
85GF Score
TD Synnex Corp FRA:SUX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TD Synnex 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.

TD Synnex's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=215.10/73.20
=2.94

* 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.

TD Synnex's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, TD Synnex's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=96.567/335.1230*335.1230
=96.567

Current CPI (May. 2026) = 335.1230.

TD Synnex Quarterly Data

Book Value per Share CPI Adj_Book
201608 43.664 240.849 60.755
201611 46.395 241.353 64.420
201702 48.430 243.603 66.625
201705 48.431 244.733 66.319
201708 47.445 245.519 64.760
201711 49.044 246.669 66.631
201802 47.225 248.991 63.561
201805 49.772 251.588 66.298
201808 51.405 252.146 68.322
201811 59.629 252.038 79.286
201902 60.976 252.776 80.840
201905 62.501 256.092 81.789
201908 63.986 256.558 83.580
201911 67.551 257.208 88.014
202002 69.523 258.678 90.069
202005 69.144 256.394 90.376
202008 67.924 259.918 87.577
202011 71.787 260.229 92.447
202102 34.424 263.014 43.862
202105 36.239 269.195 45.114
202108 38.740 273.567 47.457
202111 72.466 277.948 87.373
202202 74.025 283.716 87.438
202205 79.284 292.296 90.901
202208 80.774 296.171 91.397
202211 83.183 297.711 93.636
202302 81.300 300.840 90.565
202305 81.774 304.127 90.108
202308 83.374 307.026 91.004
202311 85.275 307.051 93.071
202402 85.690 310.326 92.537
202405 86.929 314.069 92.756
202408 87.870 314.796 93.544
202411 90.410 315.493 96.035
202502 92.871 319.082 97.540
202505 90.328 321.465 94.166
202508 89.801 323.976 92.891
202511 91.256 324.122 94.353
202602 93.096 326.785 95.471
202605 96.567 335.123 96.567

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 2.94 mean?
TD Synnex (FRA:SUX) has a Cyclically Adjusted PB Ratio of 2.94 as of Sep. 03, 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 TD Synnex and its competitors. This is 93% above median its historical median of 1.52. Over the past decade, TD Synnex's Cyclically Adjusted PB Ratio has ranged from 0.68 to 3.12. According to the industry distribution chart, TD Synnex ranks #1160 out of 1928 companies in the Hardware industry, placing it in the top 60.2%.
Is TD Synnex's Cyclically Adjusted PB Ratio too high?
TD Synnex's current Cyclically Adjusted PB Ratio of 2.94 is 93% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 3.12. The Hardware industry median Cyclically Adjusted PB Ratio is 2.08. TD Synnex's value of 2.94 is 41.3% above this industry median. Based on the distribution chart, TD Synnex ranks #1160 out of 1928 companies in the Hardware industry, which is below the industry midpoint. Overall, TD Synnex has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does TD Synnex's Cyclically Adjusted PB Ratio compare to ARW and AVT?
According to the Hardware industry distribution chart, TD Synnex ranks #1160 out of 1928 companies for Cyclically Adjusted PB Ratio. This places TD Synnex in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. TD Synnex's value of 2.94 is 41.3% above this benchmark. Historically, TD Synnex's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 3.12 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 2.08, TD Synnex 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.08, based on 1,928 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. TD Synnex's current Cyclically Adjusted PB Ratio of 2.94 is 41.3% 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 TD Synnex and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TD Synnex's current Cyclically Adjusted PB Ratio is 2.94, which is 93% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TD Synnex stock overvalued right now?
TD Synnex (FRA:SUX) has a current Cyclically Adjusted PB Ratio of 2.94. The stock's GF Value™ is €145.39, compared to a current price of €215.10 — trading 47.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.94, which is 93% above median its 10-year median of 1.52 and 41.3% above the Hardware industry median of 2.08. TD Synnex's overall GF Score™ is 85/100 with 6 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 TD Synnex (FRA:SUX), the current Cyclically Adjusted PB Ratio is 2.94 as of Sep. 03, 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 TD Synnex (FRA:SUX) Overvalued in 2026?

Based on GuruFocus' analysis, TD Synnex stock appears to be overvalued. The current stock price of €215.10 is trading 47.9% above its estimated GF Value™ of €145.39.

Key valuation signals for FRA:SUX:

  • Cyclically Adjusted PB Ratio: 2.94 (93% above median its 10-year median of 1.52)
  • GF Value™: €145.39 vs. price of €215.10 (47.9% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 41.3% above the Hardware median (#1160 of 1928)

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


TD Synnex Business Description

Other Exchanges SNX:USA
Address 44201 Nobel Drive, Fremont, CA, USA, 94538
TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and data center infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include the Americas, Europe, and APJ.
85GF Score

Get the complete analysis for FRA:SUX

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

€215.10
Price
€145.39
GF Value