Energous (LTS:0IH3) Cyclically Adjusted PB Ratio: 0.04 (As of Aug. 18, 2026) — 33% Below Median

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LTS:0IH3 Energous Corp LTS:0IH3
48 GF Score
Price $14.91
GF Value $23.35
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Energous Cyclically Adjusted PB Ratio?

Energous LTS:0IH3 -0.93% 48 Cyclically Adjusted PB Ratio is 0.04 as of Aug. 18, 2026, which is 33% below its 10-year median of 0.06. GuruFocus rates LTS:0IH3 with a GF Score™ of 48/100 and a GF Value™ of $23.35 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,962 Hardware companies, Energous ranks better than 99.24% on this metric.

As of today (2026-08-18), Energous's current share price is $14.91. Energous's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $404.80. Energous's Cyclically Adjusted PB Ratio for today is 0.04.

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

LTS:0IH3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 1.76
Current: 0.04

During the past years, Energous's highest Cyclically Adjusted PB Ratio was 1.76. The lowest was 0.01. And the median was 0.06.

LTS:0IH3's Cyclically Adjusted PB Ratio is ranked better than
99.24% of 1962 companies
in the Hardware industry
Industry Median: 2.115 vs LTS:0IH3: 0.04

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.

Energous's adjusted book value per share data for the three months ended in Jun. 2026 was $7.254. 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 $404.80 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energous  (LTS:0IH3) 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.


Energous Cyclically Adjusted PB Ratio Related Terms


Energous Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Energous'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.

Energous Cyclically Adjusted PB Ratio Chart

Energous 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 0.00 1.20 0.13 0.05 0.01

Energous 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 0.02 0.02 0.01 0.04 0.06

LTS:0IH3 vs AIRG, WSTL, INSG: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Energous'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.


Energous Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


LTS:0IH3
48GF Score
Energous Corp LTS:0IH3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energous 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.91/404.80
=0.04

* 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.

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

For example, Energous'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)
=7.254/333.9520*333.9520
=7.254

Current CPI (Jun. 2026) = 333.9520.

Energous Quarterly Data

Book Value per Share CPI Adj_Book
201609 745.500 241.428 1,031.203
201612 839.735 241.432 1,161.533
201703 584.971 243.801 801.277
201706 350.343 244.955 477.630
201709 520.297 246.819 703.974
201712 309.447 246.524 419.190
201803 1,022.690 249.554 1,368.559
201806 817.907 251.989 1,083.943
201809 625.419 252.439 827.368
201812 417.500 251.233 554.963
201903 668.137 254.202 877.750
201906 533.627 256.143 695.728
201909 417.216 256.759 542.649
201912 345.691 256.974 449.245
202003 290.651 258.115 376.047
202006 311.551 257.797 403.585
202009 264.472 260.280 339.331
202012 480.912 260.474 616.574
202103 415.437 264.877 523.775
202106 344.029 271.696 422.859
202109 247.619 274.310 301.458
202112 367.063 278.802 439.672
202203 318.227 287.504 369.638
202206 266.969 296.311 300.883
202209 225.062 296.808 253.227
202212 186.705 296.797 210.078
202303 140.717 301.836 155.690
202306 116.987 305.109 128.046
202309 89.524 307.789 97.134
202312 63.176 306.746 68.779
202403 35.251 312.332 37.691
202406 13.798 314.175 14.667
202409 1.676 315.301 1.775
202412 -2.377 315.605 -2.515
202503 8.793 319.799 9.182
202506 6.703 322.561 6.940
202509 7.521 324.800 7.733
202512 5.681 324.054 5.855
202603 7.773 330.213 7.861
202606 7.254 333.952 7.254

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 0.04 mean?
Energous (LTS:0IH3) has a Cyclically Adjusted PB Ratio of 0.04 as of Aug. 18, 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 Energous and its competitors. This is 33% below median its historical median of 0.06. Over the past decade, Energous' Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.76. According to the industry distribution chart, Energous ranks #15 out of 1962 companies in the Hardware industry, placing it in the top 0.8%.
Is Energous' Cyclically Adjusted PB Ratio too high?
Energous' current Cyclically Adjusted PB Ratio of 0.04 is 33% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.76. The Hardware industry median Cyclically Adjusted PB Ratio is 2.12. Energous' value of 0.04 is 98.1% below this industry median. Based on the distribution chart, Energous ranks #15 out of 1962 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Energous has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energous' Cyclically Adjusted PB Ratio compare to AIRG and WSTL?
According to the Hardware industry distribution chart, Energous ranks #15 out of 1962 companies for Cyclically Adjusted PB Ratio. This places Energous in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.12. Energous' value of 0.04 is 98.1% below this benchmark. Historically, Energous' own Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.76 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 2.12, Energous 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 2.12, based on 1,962 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. Energous's current Cyclically Adjusted PB Ratio of 0.04 is 98.1% 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 Energous and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energous's current Cyclically Adjusted PB Ratio is 0.04, which is 33% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energous stock overvalued right now?
Based on GuruFocus' analysis, Energous (LTS:0IH3) is currently considered Possible Value Trap. The stock's GF Value™ is $23.35, compared to a current price of $14.91 — trading 36.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.04, which is 33% below median its 10-year median of 0.06 and 98.1% below the Hardware industry median of 2.12. Energous' overall GF Score™ is 48/100 with 2 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 Energous (LTS:0IH3), the current Cyclically Adjusted PB Ratio is 0.04 as of Aug. 18, 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 Energous (LTS:0IH3) Overvalued in 2026?

Based on GuruFocus' analysis, Energous stock appears to be undervalued. The current stock price of $14.91 is trading 36.1% below its estimated GF Value™ of $23.35. GuruFocus considers Energous to be Possible Value Trap.

Key valuation signals for LTS:0IH3:

  • Cyclically Adjusted PB Ratio: 0.04 (33% below median its 10-year median of 0.06)
  • GF Value™: $23.35 vs. price of $14.91 (36.1% below fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 98.1% below the Hardware median (#15 of 1962)

No single metric tells the full story. See the LTS:0IH3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energous Business Description

Other Exchanges WATT:USA
Address 3590 North First Street, Suite 330, San Jose, CA, USA, 95134
Energous Corp has developed scalable, over-the-air Wireless Power Network (WPN) technology that integrates semiconductor chipsets, software controls, hardware designs, and antenna systems to enable radio frequency (RF)-based charging for ambient Internet of Things (ambient IoT) devices, transforming supply chain capabilities from limited tracking to overall business intelligence. The WPN technology consists of transmitter systems, receiver integrated circuits, and supporting software designed to deliver power and data to battery-free IoT devices across a range of operating distances and power levels. Its applications include retail sensors, electronic shelf labels (ESLs), asset trackers, air quality monitors, motion detectors, and other monitoring solutions.
48GF Score

Get the complete analysis for LTS:0IH3

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

$14.91
Price
$23.35
GF Value