INTT (inTest) Cyclically Adjusted PB Ratio: 2.13 (As of Aug. 12, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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.

INTT inTest Corp INTT
72 GF Score
Price $13.92
GF Value $9.70
Valuation Significantly Overvalued
! 4 Warning Signs
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What is inTest Cyclically Adjusted PB Ratio?

inTest INTT +4.19% 72 Cyclically Adjusted PB Ratio is 2.13 as of Aug. 12, 2026, which is 3% below its 10-year median of 2.19. GuruFocus rates INTT with a GF Score™ of 72/100 and a GF Value™ of $9.70 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 728 Semiconductors companies, inTest ranks better than 63.32% on this metric.

As of today (2026-08-12), inTest's current share price is $13.92. inTest's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $6.55. inTest's Cyclically Adjusted PB Ratio for today is 2.13.

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

INTT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.19   Max: 5.37
Current: 2.04

During the past years, inTest's highest Cyclically Adjusted PB Ratio was 5.37. The lowest was 0.69. And the median was 2.19.

INTT's Cyclically Adjusted PB Ratio is ranked better than
63.32% of 728 companies
in the Semiconductors industry
Industry Median: 3.23 vs INTT: 2.04

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.

inTest's adjusted book value per share data for the three months ended in Jun. 2026 was $8.397. 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 $6.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


inTest  (AMEX:INTT) 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.


inTest Cyclically Adjusted PB Ratio Related Terms


inTest Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for inTest'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.

inTest Cyclically Adjusted PB Ratio Chart

inTest 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 3.07 2.23 2.65 1.52 1.21

inTest 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 1.22 1.28 1.21 2.14 2.77

INTT vs ATOM, TRT, ASYS: Cyclically Adjusted PB Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, inTest'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.


inTest Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


INTT
72GF Score
inTest Corp INTT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

inTest 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.92/6.55
=2.13

* 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.

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

For example, inTest'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)
=8.397/333.9520*333.9520
=8.397

Current CPI (Jun. 2026) = 333.9520.

inTest Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.560 241.428 4.924
201612 3.647 241.432 5.045
201703 3.838 243.801 5.257
201706 4.001 244.955 5.455
201709 4.204 246.819 5.688
201712 3.780 246.524 5.121
201803 3.803 249.554 5.089
201806 4.186 251.989 5.548
201809 4.147 252.439 5.486
201812 4.088 251.233 5.434
201903 4.174 254.202 5.483
201906 4.173 256.143 5.441
201909 4.235 256.759 5.508
201912 4.319 256.974 5.613
202003 4.201 258.115 5.435
202006 4.237 257.797 5.489
202009 4.257 260.280 5.462
202012 4.250 260.474 5.449
202103 4.468 264.877 5.633
202106 4.750 271.696 5.838
202109 4.965 274.310 6.045
202112 5.040 278.802 6.037
202203 5.109 287.504 5.934
202206 5.277 296.311 5.947
202209 5.481 296.808 6.167
202212 5.890 296.797 6.627
202303 6.153 301.836 6.808
202306 7.579 305.109 8.295
202309 7.780 307.789 8.441
202312 7.914 306.746 8.616
202403 7.953 312.332 8.504
202406 7.953 314.175 8.454
202409 8.111 315.301 8.591
202412 8.062 315.605 8.531
202503 7.955 319.799 8.307
202506 8.222 322.561 8.512
202509 8.161 324.800 8.391
202512 8.297 324.054 8.550
202603 8.326 330.213 8.420
202606 8.397 333.952 8.397

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 2.13 mean?
inTest (INTT) has a Cyclically Adjusted PB Ratio of 2.13 as of Aug. 12, 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 inTest and its competitors. This is near median its historical median of 2.19. Over the past decade, inTest's Cyclically Adjusted PB Ratio has ranged from 0.69 to 5.37. According to the industry distribution chart, inTest ranks #267 out of 728 companies in the Semiconductors industry, placing it in the top 36.7%.
Is inTest's Cyclically Adjusted PB Ratio too high?
inTest's current Cyclically Adjusted PB Ratio of 2.13 is near median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 5.37. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. inTest's value of 2.13 is 34.1% below this industry median. Based on the distribution chart, inTest ranks #267 out of 728 companies in the Semiconductors industry, which is above the industry midpoint. Overall, inTest has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does inTest's Cyclically Adjusted PB Ratio compare to ATOM and TRT?
According to the Semiconductors industry distribution chart, inTest ranks #267 out of 728 companies for Cyclically Adjusted PB Ratio. This puts inTest in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.23. inTest's value of 2.13 is 34.1% below this benchmark. Historically, inTest's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 5.37 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 3.23, inTest 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 Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.23, based on 728 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. inTest's current Cyclically Adjusted PB Ratio of 2.13 is 34.1% 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 inTest and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. inTest's current Cyclically Adjusted PB Ratio is 2.13, which is near median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is inTest stock overvalued right now?
Based on GuruFocus' analysis, inTest (INTT) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.70, compared to a current price of $13.92 — trading 43.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.13, which is near median its 10-year median of 2.19 and 34.1% below the Semiconductors industry median of 3.23. inTest's overall GF Score™ is 72/100 with 4 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 inTest (INTT), the current Cyclically Adjusted PB Ratio is 2.13 as of Aug. 12, 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 inTest (INTT) Overvalued in 2026?

Based on GuruFocus' analysis, inTest stock appears to be overvalued. The current stock price of $13.92 is trading 43.5% above its estimated GF Value™ of $9.70. GuruFocus considers inTest to be Significantly Overvalued.

Key valuation signals for INTT:

  • Cyclically Adjusted PB Ratio: 2.13 (near median its 10-year median of 2.19)
  • GF Value™: $9.70 vs. price of $13.92 (43.5% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 34.1% below the Semiconductors median (#267 of 728)

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


inTest Business Description

Other Exchanges IN9:Germany
Address 804 East Gate Drive, Suite 200, Mount Laurel, NJ, USA, 08054
inTest Corp is a supplier of test and process technology solutions for use in manufacturing and testing across a wide range of markets, including Semi, Auto/EV, Defense/Aerospace, Industrial, Life Sciences, Safety/Security, and Other. The Company has three operating segments, which are also its reportable segments and reporting units: Electronic Test, which generates the majority of its revenue and includes semiconductor test equipment, flying probe, and in-circuit testers; Environmental Technologies, which includes thermal test, process, and storage products; and Process Technologies, which includes induction heating and video imaging products. The Company generates the maximum revenue from the U.S.
72GF Score

Get the complete analysis for INTT

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

$13.92
Price
$9.70
GF Value