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Accuray (FRA:XEJ) Cyclically Adjusted PB Ratio : 2.04 (As of Jun. 02, 2025)


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What is Accuray Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Accuray's current share price is €1.37. Accuray's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €0.67. Accuray's Cyclically Adjusted PB Ratio for today is 2.04.

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

FRA:XEJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 2.52   Max: 4.96
Current: 2.13

During the past years, Accuray's highest Cyclically Adjusted PB Ratio was 4.96. The lowest was 0.98. And the median was 2.52.

FRA:XEJ's Cyclically Adjusted PB Ratio is ranked worse than
55.53% of 497 companies
in the Medical Devices & Instruments industry
Industry Median: 1.87 vs FRA:XEJ: 2.13

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.

Accuray's adjusted book value per share data for the three months ended in Mar. 2025 was €0.446. 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 €0.67 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accuray Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Accuray'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.

* Premium members only.

Accuray Cyclically Adjusted PB Ratio Chart

Accuray Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 3.59 1.90 4.43 2.34

Accuray Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.07 2.34 2.38 2.69 2.46

Competitive Comparison of Accuray's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Accuray'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.


Accuray's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

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


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Accuray 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.37/0.67
=2.04

* 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.

Accuray's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Accuray's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.446/134.9266*134.9266
=0.446

Current CPI (Mar. 2025) = 134.9266.

Accuray Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.850 100.684 1.139
201509 0.715 100.392 0.961
201512 0.691 99.792 0.934
201603 0.692 100.470 0.929
201606 0.652 101.688 0.865
201609 0.582 101.861 0.771
201612 0.534 101.863 0.707
201703 0.512 102.862 0.672
201706 0.495 103.349 0.646
201709 0.487 104.136 0.631
201712 0.487 104.011 0.632
201803 0.424 105.290 0.543
201806 0.483 106.317 0.613
201809 0.467 106.507 0.592
201812 0.462 105.998 0.588
201903 0.479 107.251 0.603
201906 0.499 108.070 0.623
201909 0.420 108.329 0.523
201912 0.558 108.420 0.694
202003 0.599 108.902 0.742
202006 0.620 108.767 0.769
202009 0.627 109.815 0.770
202012 0.688 109.897 0.845
202103 0.707 111.754 0.854
202106 0.629 114.631 0.740
202109 0.428 115.734 0.499
202112 0.487 117.630 0.559
202203 0.505 121.301 0.562
202206 0.538 125.017 0.581
202209 0.506 125.227 0.545
202212 0.512 125.222 0.552
202303 0.535 127.348 0.567
202306 0.513 128.729 0.538
202309 0.494 129.860 0.513
202312 0.441 129.419 0.460
202403 0.381 131.776 0.390
202406 0.418 132.554 0.425
202409 0.406 133.029 0.412
202412 0.445 133.157 0.451
202503 0.446 134.927 0.446

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.


Accuray  (FRA:XEJ) 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.


Accuray Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Accuray's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Accuray Business Description

Traded in Other Exchanges
Address
1240 Deming Way, Madison, WI, USA, 53717
Accuray Inc is a radiation oncology company that develops, manufactures, sells and supports precise, innovative treatment solutions which set the standard of radiation therapy care with the aim of helping patients live better lives. The company's technology, The CyberKnife, is used to treat multiple types of cancer and tumors throughout the body. The CyberKnife Systems automatically track, detect and correct for a tumor and patient movement in real-time during the procedure, enabling delivery of precise, high dose radiation with sub-millimetre accuracy while patients breathe normally, without manual user intervention.

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