GNSS (Genasys) Cyclically Adjusted PB Ratio: 1.37 (As of Jul. 19, 2026) — 50% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

GNSS Genasys Inc GNSS
43 GF Score
Price $1.73
GF Value $3.53
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Genasys Cyclically Adjusted PB Ratio?

Genasys GNSS +1.78% 43 Cyclically Adjusted PB Ratio is 1.37 as of Jul. 19, 2026, which is 50% below its 10-year median of 2.73. GuruFocus rates GNSS with a GF Score™ of 43/100 and a GF Value™ of $3.53 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,980 Hardware companies, Genasys ranks better than 61.57% on this metric.

As of today (2026-07-19), Genasys's current share price is $1.73. Genasys's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.26. Genasys's Cyclically Adjusted PB Ratio for today is 1.37.

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

GNSS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 2.73   Max: 7.88
Current: 1.37

During the past years, Genasys's highest Cyclically Adjusted PB Ratio was 7.88. The lowest was 1.11. And the median was 2.73.

GNSS's Cyclically Adjusted PB Ratio is ranked better than
61.57% of 1980 companies
in the Hardware industry
Industry Median: 2.01 vs GNSS: 1.37

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.

Genasys's adjusted book value per share data for the three months ended in Mar. 2026 was $0.067. 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 $1.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genasys  (NAS:GNSS) 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.


Genasys Cyclically Adjusted PB Ratio Related Terms


Genasys Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Genasys'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.

Genasys Cyclically Adjusted PB Ratio Chart

Genasys Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.54 2.10 1.44 2.56 1.86

Genasys 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 1.67 1.29 1.86 1.68 1.44

GNSS vs ARBE, SOTK, ODYS: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Genasys'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.


Genasys Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


GNSS
43GF Score
Genasys Inc GNSS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Genasys 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.73/1.26
=1.37

* 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.

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

For example, Genasys'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)
=0.067/330.2130*330.2130
=0.067

Current CPI (Mar. 2026) = 330.2130.

Genasys Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.099 241.018 1.506
201609 1.087 241.428 1.487
201612 1.076 241.432 1.472
201703 1.091 243.801 1.478
201706 1.080 244.955 1.456
201709 1.094 246.819 1.464
201712 1.048 246.524 1.404
201803 1.063 249.554 1.407
201806 1.060 251.989 1.389
201809 1.009 252.439 1.320
201812 1.012 251.233 1.330
201903 1.037 254.202 1.347
201906 1.066 256.143 1.374
201909 1.074 256.759 1.381
201912 1.102 256.974 1.416
202003 1.105 258.115 1.414
202006 1.171 257.797 1.500
202009 1.464 260.280 1.857
202012 1.568 260.474 1.988
202103 1.570 264.877 1.957
202106 1.798 271.696 2.185
202109 1.812 274.310 2.181
202112 1.780 278.802 2.108
202203 1.765 287.504 2.027
202206 1.745 296.311 1.945
202209 1.376 296.808 1.531
202212 1.297 296.797 1.443
202303 1.211 301.836 1.325
202306 1.172 305.109 1.268
202309 0.909 307.789 0.975
202312 0.921 306.746 0.991
202403 0.784 312.332 0.829
202406 0.638 314.175 0.671
202409 0.394 315.301 0.413
202412 0.304 315.605 0.318
202503 0.178 319.799 0.184
202506 0.070 322.561 0.072
202509 0.048 324.800 0.049
202512 0.040 324.054 0.041
202603 0.067 330.213 0.067

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 1.37 mean?
Genasys (GNSS) has a Cyclically Adjusted PB Ratio of 1.37 as of Jul. 19, 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 Genasys and its competitors. This is 50% below median its historical median of 2.73. Over the past decade, Genasys' Cyclically Adjusted PB Ratio has ranged from 1.11 to 7.88. According to the industry distribution chart, Genasys ranks #761 out of 1980 companies in the Hardware industry, placing it in the top 38.4%.
Is Genasys' Cyclically Adjusted PB Ratio too high?
Genasys' current Cyclically Adjusted PB Ratio of 1.37 is 50% below median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 7.88. The Hardware industry median Cyclically Adjusted PB Ratio is 2.01. Genasys' value of 1.37 is 31.8% below this industry median. Based on the distribution chart, Genasys ranks #761 out of 1980 companies in the Hardware industry, which is above the industry midpoint. Overall, Genasys has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Genasys' Cyclically Adjusted PB Ratio compare to ARBE and SOTK?
According to the Hardware industry distribution chart, Genasys ranks #761 out of 1980 companies for Cyclically Adjusted PB Ratio. This puts Genasys in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.01. Genasys' value of 1.37 is 31.8% below this benchmark. Historically, Genasys' own Cyclically Adjusted PB Ratio has ranged from 1.11 to 7.88 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 2.01, Genasys has consistently been below 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 2.01, based on 1,980 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. Genasys's current Cyclically Adjusted PB Ratio of 1.37 is 31.8% below 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 Genasys and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genasys's current Cyclically Adjusted PB Ratio is 1.37, which is 50% below median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genasys stock overvalued right now?
Based on GuruFocus' analysis, Genasys (GNSS) is currently considered Possible Value Trap. The stock's GF Value™ is $3.53, compared to a current price of $1.73 — trading 51% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is 50% below median its 10-year median of 2.73 and 31.8% below the Hardware industry median of 2.01. Genasys' overall GF Score™ is 43/100 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 Genasys (GNSS), the current Cyclically Adjusted PB Ratio is 1.37 as of Jul. 19, 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 Genasys (GNSS) Overvalued in 2026?

Based on GuruFocus' analysis, Genasys stock appears to be undervalued. The current stock price of $1.73 is trading 51% below its estimated GF Value™ of $3.53. GuruFocus considers Genasys to be Possible Value Trap.

Key valuation signals for GNSS:

  • Cyclically Adjusted PB Ratio: 1.37 (50% below median its 10-year median of 2.73)
  • GF Value™: $3.53 vs. price of $1.73 (51% below fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 31.8% below the Hardware median (#761 of 1980)

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


Genasys Business Description

Other Exchanges G66:Germany
Address 16262 West Bernardo Drive, San Diego, CA, USA, 92127
Genasys Inc is a provider of Protective Communication solutions, including Genasys Protect software platform and Long Range Acoustic Device (LRAD). Its software platform receives information from variety of sensors and Internet-of-Things (IoT) inputs to collect real-time information on developing and active emergency situations. Genasys uses this information to create and disseminate alerts, warnings, notifications, and instructions through multiple channels before, during, and after public safety and enterprise threats, critical events, and other crisis situations. The Company operates in two business segments: Hardware and Software and its markets are North and South America, Europe, Middle East and Asia. Key revenue is generated from Hardware.
43GF Score

Get the complete analysis for GNSS

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

$1.73
Price
$3.53
GF Value