Digital Turbine (MEX:APPS1) Cyclically Adjusted PB Ratio: 9.72 (As of Aug. 12, 2026) — 298% Above Median

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Director of Data and Quant Analytics at GuruFocus
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MEX:APPS1 Digital Turbine Inc MEX:APPS1
25 GF Score
Price MXN240.00
GF Value MXN80.61
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Digital Turbine Cyclically Adjusted PB Ratio?

Digital Turbine MEX:APPS1 25 Cyclically Adjusted PB Ratio is 9.72 as of Aug. 12, 2026, which is 298% above its 10-year median of 2.44. GuruFocus rates MEX:APPS1 with a GF Score™ of 25/100 and a GF Value™ of MXN80.61 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,551 Software companies, Digital Turbine ranks worse than 77.5% on this metric.

As of today (2026-08-12), Digital Turbine's current share price is MXN240.00. Digital Turbine's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN24.68. Digital Turbine's Cyclically Adjusted PB Ratio for today is 9.72.

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

MEX:APPS1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 2.44   Max: 127.65
Current: 4.99

During the past years, Digital Turbine's highest Cyclically Adjusted PB Ratio was 127.65. The lowest was 0.25. And the median was 2.44.

MEX:APPS1's Cyclically Adjusted PB Ratio is ranked worse than
77.5% of 1551 companies
in the Software industry
Industry Median: 2.31 vs MEX:APPS1: 4.99

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.

Digital Turbine's adjusted book value per share data for the three months ended in Jun. 2026 was MXN27.485. 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 MXN24.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digital Turbine  (MEX:APPS1) 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.


Digital Turbine Cyclically Adjusted PB Ratio Related Terms


Digital Turbine Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Digital Turbine'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.

Digital Turbine Cyclically Adjusted PB Ratio Chart

Digital Turbine 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 32.20 6.15 1.08 1.07 1.11

Digital Turbine 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 2.32 2.51 1.97 1.11 4.93

MEX:APPS1 vs AMPL, SECZ, GTM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Digital Turbine'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.


Digital Turbine Cyclically Adjusted PB Ratio vs Software Industry

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

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


MEX:APPS1
25GF Score
Digital Turbine Inc MEX:APPS1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Turbine 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.

Digital Turbine's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=240.00/24.68
=9.72

* 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.

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

For example, Digital Turbine'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)
=27.485/333.9520*333.9520
=27.485

Current CPI (Jun. 2026) = 333.9520.

Digital Turbine Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.275 241.428 28.045
201612 21.165 241.432 29.276
201703 17.514 243.801 23.990
201706 15.912 244.955 21.693
201709 15.231 246.819 20.608
201712 15.946 246.524 21.601
201803 6.582 249.554 8.808
201806 7.377 251.989 9.776
201809 7.741 252.439 10.241
201812 7.998 251.233 10.631
201903 8.617 254.202 11.320
201906 8.647 256.143 11.274
201909 11.224 256.759 14.598
201912 12.486 256.974 16.226
202003 20.775 258.115 26.879
202006 23.522 257.797 30.471
202009 23.694 260.280 30.401
202012 24.935 260.474 31.969
202103 32.954 264.877 41.548
202106 105.319 271.696 129.452
202109 103.448 274.310 125.940
202112 102.557 278.802 122.844
202203 105.426 287.504 122.458
202206 117.346 296.311 132.253
202209 118.612 296.808 133.456
202212 119.078 296.797 133.985
202303 109.663 301.836 121.331
202306 102.349 305.109 112.024
202309 77.155 307.789 83.713
202312 74.376 306.746 80.973
202403 34.752 312.332 37.158
202406 34.999 314.175 37.202
202409 34.669 315.301 36.720
202412 32.519 315.605 34.409
202503 29.701 319.799 31.015
202506 26.556 322.561 27.494
202509 24.299 324.800 24.984
202512 29.279 324.054 30.173
202603 28.786 330.213 29.112
202606 27.485 333.952 27.485

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 9.72 mean?
Digital Turbine (MEX:APPS1) has a Cyclically Adjusted PB Ratio of 9.72 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 Digital Turbine and its competitors. This is 298% above median its historical median of 2.44. Over the past decade, Digital Turbine's Cyclically Adjusted PB Ratio has ranged from 0.25 to 127.65. According to the industry distribution chart, Digital Turbine ranks #1202 out of 1551 companies in the Software industry, placing it in the top 77.5%.
Is Digital Turbine's Cyclically Adjusted PB Ratio too high?
Digital Turbine's current Cyclically Adjusted PB Ratio of 9.72 is 298% above median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 127.65. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Digital Turbine's value of 9.72 is 320.8% above this industry median. Based on the distribution chart, Digital Turbine ranks #1202 out of 1551 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Digital Turbine has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Turbine's Cyclically Adjusted PB Ratio compare to AMPL and SECZ?
According to the Software industry distribution chart, Digital Turbine ranks #1202 out of 1551 companies for Cyclically Adjusted PB Ratio. This places Digital Turbine in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Digital Turbine's value of 9.72 is 320.8% above this benchmark. Historically, Digital Turbine's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 127.65 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 2.31, Digital Turbine 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,551 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. Digital Turbine's current Cyclically Adjusted PB Ratio of 9.72 is 320.8% 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 Digital Turbine and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Turbine's current Cyclically Adjusted PB Ratio is 9.72, which is 298% above median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Turbine stock overvalued right now?
Based on GuruFocus' analysis, Digital Turbine (MEX:APPS1) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN80.61, compared to a current price of MXN240.00 — trading 197.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.72, which is 298% above median its 10-year median of 2.44 and 320.8% above the Software industry median of 2.31. Digital Turbine's overall GF Score™ is 25/100 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 Digital Turbine (MEX:APPS1), the current Cyclically Adjusted PB Ratio is 9.72 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 Digital Turbine (MEX:APPS1) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Turbine stock appears to be overvalued. The current stock price of MXN240.00 is trading 197.7% above its estimated GF Value™ of MXN80.61. GuruFocus considers Digital Turbine to be Significantly Overvalued.

Key valuation signals for MEX:APPS1:

  • Cyclically Adjusted PB Ratio: 9.72 (298% above median its 10-year median of 2.44)
  • GF Value™: MXN80.61 vs. price of MXN240.00 (197.7% above fair value)
  • GF Score™: 25/100 with 6 warning signs
  • Industry Position: 320.8% above the Software median (#1202 of 1551)

No single metric tells the full story. See the MEX:APPS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Digital Turbine Business Description

Address 110 San Antonio Street, Suite 160, Austin, TX, USA, 78701
Digital Turbine Inc is an independent mobile growth platform that levels up the landscape for advertisers, publishers, carriers, and device original equipment manufacturers. The Company offers end-to-end products and solutions leveraging proprietary technology to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. In addition, its products and solutions provide monetization opportunities for OEMs, carriers, and application (app or apps) publishers and developers.
25GF Score

Get the complete analysis for MEX:APPS1

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

MXN240.00
Price
MXN80.61
GF Value