Stratasys (HAM:SCY) Cyclically Adjusted PB Ratio: (As of Aug. 14, 2026)

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.
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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.

HAM:SCY Stratasys Ltd HAM:SCY
56 GF Score
Price €7.64
GF Value €7.13
! 3 Warning Signs
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What is Stratasys Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Stratasys  (HAM:SCY) 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.


Stratasys Cyclically Adjusted PB Ratio Related Terms


Stratasys Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stratasys'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.

Stratasys Cyclically Adjusted PB Ratio Chart

Stratasys 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 0.81 0.37 0.51 0.38 0.43

Stratasys Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.54 0.54 0.43 0.39 0.00

HAM:SCY vs UMAC, CRCT, QMCO: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, Stratasys'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.


Stratasys Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


HAM:SCY
56GF Score
Stratasys Ltd HAM:SCY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Stratasys 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=8.162/333.9520*333.9520
=8.162

Current CPI (Jun. 2026) = 333.9520.

Stratasys Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.415 241.428 26.856
201612 20.456 241.432 28.295
201703 19.997 243.801 27.391
201706 19.042 244.955 25.960
201709 17.878 246.819 24.189
201712 17.843 246.524 24.171
201803 17.039 249.554 22.802
201806 17.915 251.989 23.742
201809 17.988 252.439 23.796
201812 18.632 251.233 24.767
201903 18.779 254.202 24.670
201906 18.830 256.143 24.550
201909 19.265 256.759 25.057
201912 19.130 256.974 24.860
202003 18.815 258.115 24.343
202006 18.037 257.797 23.365
202009 11.042 260.280 14.167
202012 11.025 260.474 14.135
202103 12.517 264.877 15.781
202106 12.201 271.696 14.997
202109 12.340 274.310 15.023
202112 12.882 278.802 15.430
202203 12.890 287.504 14.972
202206 13.092 296.311 14.755
202209 14.348 296.808 16.144
202212 13.501 296.797 15.191
202303 12.953 301.836 14.331
202306 12.360 305.109 13.528
202309 11.964 307.789 12.981
202312 11.649 306.746 12.682
202403 11.313 312.332 12.096
202406 11.107 314.175 11.806
202409 10.498 315.301 11.119
202412 10.560 315.605 11.174
202503 10.029 319.799 10.473
202506 9.206 322.561 9.531
202509 8.502 324.800 8.742
202512 8.360 324.054 8.615
202603 8.226 330.213 8.319
202606 8.162 333.952 8.162

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.

Is Stratasys (HAM:SCY) Overvalued in 2026?

Based on GuruFocus' analysis, Stratasys stock appears to be overvalued. The current stock price of €7.64 is trading 7.2% above its estimated GF Value™ of €7.13.

Key valuation signals for HAM:SCY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €7.13 vs. price of €7.64 (7.2% above fair value)
  • GF Score™: 56/100 with 3 warning signs

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


Stratasys Business Description

Other Exchanges SSYS:USASCY:Germany
Address 1 Holtzman Street, Science Park, P.O. Box 2496, Rehovot, ISR, 7612401
Stratasys Ltd offers polymer-based 3D printing solutions for designers, engineers, manufacturers, dental and medical professionals, and others. Its 3D printing systems utilize the firm's patented extrusion-based FDM, inkjet-based PolyJet, powder-bed-based SAF, photopolymer-based P3, and Neo stereolithography technologies to enable the production of prototypes, tools, and manufactured goods directly from 3D CAD files or other 3D content. The company's solutions portfolio comprises 3D printing systems, consumables, software, paid parts, and professional services, allowing end-users to effectively print 3D models, tools, and parts. Geographically, it generates maximum revenue from the United States, followed by Europe, Middle East and Africa, Asia-Pacific, and other regions.
56GF Score

Get the complete analysis for HAM:SCY

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

€7.64
Price
€7.13
GF Value