Accsys Technologies (LSE:AXS) Cyclically Adjusted PB Ratio: 1.44 (As of Jul. 14, 2026) — 14% Above Median

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LSE:AXS Accsys Technologies PLC LSE:AXS
52 GF Score
Price £0.75
GF Value £0.58
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Accsys Technologies Cyclically Adjusted PB Ratio?

Accsys Technologies LSE:AXS +2.18% 52 Cyclically Adjusted PB Ratio is 1.44 as of Jul. 14, 2026, which is 14% above its 10-year median of 1.26. GuruFocus rates LSE:AXS with a GF Score™ of 52/100 and a GF Value™ of £0.58 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 244 Forest Products companies, Accsys Technologies ranks worse than 75.82% on this metric.

As of today (2026-07-14), Accsys Technologies's current share price is £0.75. Accsys Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 was £0.52. Accsys Technologies's Cyclically Adjusted PB Ratio for today is 1.44.

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

LSE:AXS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.26   Max: 3.94
Current: 1.45

During the past 13 years, Accsys Technologies's highest Cyclically Adjusted PB Ratio was 3.94. The lowest was 0.50. And the median was 1.26.

LSE:AXS's Cyclically Adjusted PB Ratio is ranked worse than
75.82% of 244 companies
in the Forest Products industry
Industry Median: 0.775 vs LSE:AXS: 1.45

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.

Accsys Technologies's adjusted book value per share data of for the fiscal year that ended in Mar26 was £0.375. 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 £0.52 for the trailing ten years ended in Mar26.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accsys Technologies  (LSE:AXS) 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.


Accsys Technologies Cyclically Adjusted PB Ratio Related Terms


Accsys Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Accsys Technologies'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.

Accsys Technologies Cyclically Adjusted PB Ratio Chart

Accsys Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 1.27 1.18 0.85 1.18

Accsys Technologies Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.18 0.00 0.85 0.00 1.18

LSE:AXS vs SSD, UFPI, BCC: Cyclically Adjusted PB Ratio Comparison

For the Lumber & Wood Production subindustry, Accsys Technologies'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.


Accsys Technologies Cyclically Adjusted PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Accsys Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LSE:AXS
52GF Score
Accsys Technologies PLC LSE:AXS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Accsys Technologies 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.

Accsys Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.75/0.52
=1.44

* 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.

Accsys Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar26 is calculated as:

For example, Accsys Technologies's adjusted Book Value per Share data for the fiscal year that ended in Mar26 was:

Adj_Book=Book Value per Share/CPI of Mar26 (Change)*Current CPI (Mar26)
=0.375/140.8000*140.8000
=0.375

Current CPI (Mar26) = 140.8000.

Accsys Technologies Annual Data

Book Value per Share CPI Adj_Book
201703 0.414 102.700 0.568
201803 0.338 105.100 0.453
201903 0.312 107.000 0.411
202003 0.510 108.600 0.661
202103 0.504 109.700 0.647
202203 0.596 116.500 0.720
202303 0.493 126.800 0.547
202403 0.425 131.600 0.455
202503 0.339 136.100 0.351
202603 0.375 140.800 0.375

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 1.44 mean?
Accsys Technologies (LSE:AXS) has a Cyclically Adjusted PB Ratio of 1.44 as of Jul. 14, 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 Accsys Technologies and its competitors. This is 14% above median its historical median of 1.26. Over the past decade, Accsys Technologies' Cyclically Adjusted PB Ratio has ranged from 0.50 to 3.94. According to the industry distribution chart, Accsys Technologies ranks #185 out of 244 companies in the Forest Products industry, placing it in the top 75.8%.
Is Accsys Technologies' Cyclically Adjusted PB Ratio too high?
Accsys Technologies' current Cyclically Adjusted PB Ratio of 1.44 is 14% above median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 3.94. The Forest Products industry median Cyclically Adjusted PB Ratio is 0.78. Accsys Technologies' value of 1.44 is 85.8% above this industry median. Based on the distribution chart, Accsys Technologies ranks #185 out of 244 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Accsys Technologies has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accsys Technologies' Cyclically Adjusted PB Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Accsys Technologies ranks #185 out of 244 companies for Cyclically Adjusted PB Ratio. This places Accsys Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.78. Accsys Technologies' value of 1.44 is 85.8% above this benchmark. Historically, Accsys Technologies' own Cyclically Adjusted PB Ratio has ranged from 0.50 to 3.94 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 0.78, Accsys Technologies 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 Forest Products company?
The median Cyclically Adjusted PB Ratio among Forest Products companies is 0.78, based on 244 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. Accsys Technologies's current Cyclically Adjusted PB Ratio of 1.44 is 85.8% 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 Accsys Technologies and its competitors. For the Forest Products industry, the median Cyclically Adjusted PB Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accsys Technologies's current Cyclically Adjusted PB Ratio is 1.44, which is 14% above median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accsys Technologies stock overvalued right now?
Based on GuruFocus' analysis, Accsys Technologies (LSE:AXS) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.58, compared to a current price of £0.75 — trading 29.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.44, which is 14% above median its 10-year median of 1.26 and 85.8% above the Forest Products industry median of 0.78. Accsys Technologies' overall GF Score™ is 52/100 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 Accsys Technologies (LSE:AXS), the current Cyclically Adjusted PB Ratio is 1.44 as of Jul. 14, 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 Accsys Technologies (LSE:AXS) Overvalued in 2026?

Based on GuruFocus' analysis, Accsys Technologies stock appears to be overvalued. The current stock price of £0.75 is trading 29.3% above its estimated GF Value™ of £0.58. GuruFocus considers Accsys Technologies to be Modestly Overvalued.

Key valuation signals for LSE:AXS:

  • Cyclically Adjusted PB Ratio: 1.44 (14% above median its 10-year median of 1.26)
  • GF Value™: £0.58 vs. price of £0.75 (29.3% above fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 85.8% above the Forest Products median (#185 of 244)

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


Accsys Technologies Business Description

Address 3 Moorgate Place, 4th floor, London, GBR, EC2R 6EA
Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.
52GF Score

Get the complete analysis for LSE:AXS

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

£0.75
Price
£0.58
GF Value