NCR Voyix (LTS:0K45) Cyclically Adjusted PB Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

LTS:0K45 NCR Voyix Corp LTS:0K45
54 GF Score
Price $9.76
GF Value $10.94
Valuation Modestly Undervalued
! 3 Warning Signs
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What is NCR Voyix Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NCR Voyix  (LTS:0K45) 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.


NCR Voyix Cyclically Adjusted PB Ratio Related Terms


NCR Voyix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NCR Voyix'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.

NCR Voyix Cyclically Adjusted PB Ratio Chart

NCR Voyix 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 2.98 1.59 1.89 1.73 1.33

NCR Voyix 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 1.50 1.63 1.33 0.81 0.00

LTS:0K45 vs WYFI, EFOR, CLVT: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, NCR Voyix'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.


NCR Voyix Cyclically Adjusted PB Ratio vs Software Industry

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

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


LTS:0K45
54GF Score
NCR Voyix Corp LTS:0K45
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NCR Voyix 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.

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

For example, NCR Voyix'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)
=6.72/333.9520*333.9520
=6.720

Current CPI (Jun. 2026) = 333.9520.

NCR Voyix Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.419 241.428 7.496
201612 5.578 241.432 7.716
201703 4.373 243.801 5.990
201706 5.288 244.955 7.209
201709 6.337 246.819 8.574
201712 5.893 246.524 7.983
201803 5.063 249.554 6.775
201806 3.152 251.989 4.177
201809 3.763 252.439 4.978
201812 3.328 251.233 4.424
201903 3.748 254.202 4.924
201906 4.505 256.143 5.873
201909 5.699 256.759 7.412
201912 8.645 256.974 11.235
202003 8.044 258.115 10.407
202006 8.736 257.797 11.317
202009 9.300 260.280 11.932
202012 8.118 260.474 10.408
202103 8.392 264.877 10.580
202106 8.802 271.696 10.819
202109 8.976 274.310 10.928
202112 9.290 278.802 11.128
202203 9.707 287.504 11.275
202206 10.022 296.311 11.295
202209 10.547 296.808 11.867
202212 10.725 296.797 12.068
202303 10.628 301.836 11.759
202306 11.075 305.109 12.122
202309 9.737 307.789 10.565
202312 0.175 306.746 0.191
202403 -0.235 312.332 -0.251
202406 -0.586 314.175 -0.623
202409 6.962 315.301 7.374
202412 6.566 315.605 6.948
202503 6.201 319.799 6.475
202506 6.287 322.561 6.509
202509 6.132 324.800 6.305
202512 6.855 324.054 7.064
202603 6.700 330.213 6.776
202606 6.720 333.952 6.720

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 NCR Voyix (LTS:0K45) Overvalued in 2026?

Based on GuruFocus' analysis, NCR Voyix stock appears to be undervalued. The current stock price of $9.76 is trading 10.8% below its estimated GF Value™ of $10.94. GuruFocus considers NCR Voyix to be Modestly Undervalued.

Key valuation signals for LTS:0K45:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $10.94 vs. price of $9.76 (10.8% below fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the LTS:0K45 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCR Voyix Business Description

Address 864 Spring Street NW, Atlanta, GA, USA, 30308
NCR Voyix Corp is a company providing services of digital commerce solutions for retail, restaurant, and digital banking. The company operates in two reportable segments: Retail, and Restaurants. The Retail segment provides software solutions for retailers of all sizes, enhancing operational efficiency and customer experience. The Restaurants segment offers end-to-end technology solutions for food service establishments, improving operational efficiency, and customer satisfaction, and reducing costs. The company derives maximum revenue from Retail segment. Geographically, the company operates in United States, Americas (excluding United States), Europe, Middle East and Africa, and Asia Pacific. It derives maximum revenue from United States.
54GF Score

Get the complete analysis for LTS:0K45

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

$9.76
Price
$10.94
GF Value