Stryker (MEX:SYK) Cyclically Adjusted PB Ratio: 6.79 (As of Aug. 14, 2026) — 14% Below Median

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MEX:SYK Stryker Corp MEX:SYK
94 GF Score
Price MXN5,812.00
GF Value MXN7,058.61
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Stryker Cyclically Adjusted PB Ratio?

Stryker MEX:SYK +2.38% 94 Cyclically Adjusted PB Ratio is 6.79 as of Aug. 14, 2026, which is 14% below its 10-year median of 7.93. GuruFocus rates MEX:SYK with a GF Score™ of 94/100 and a GF Value™ of MXN7,058.61 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 521 Medical Devices & Instruments companies, Stryker ranks worse than 88.48% on this metric.

As of today (2026-08-14), Stryker's current share price is MXN5812.00. Stryker's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN855.62. Stryker's Cyclically Adjusted PB Ratio for today is 6.79.

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

MEX:SYK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.42   Med: 7.93   Max: 9.92
Current: 7.32

During the past years, Stryker's highest Cyclically Adjusted PB Ratio was 9.92. The lowest was 5.42. And the median was 7.93.

MEX:SYK's Cyclically Adjusted PB Ratio is ranked worse than
88.48% of 521 companies
in the Medical Devices & Instruments industry
Industry Median: 1.86 vs MEX:SYK: 7.32

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.

Stryker's adjusted book value per share data for the three months ended in Jun. 2026 was MXN1,091.231. 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 MXN855.62 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stryker  (MEX:SYK) 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.


Stryker Cyclically Adjusted PB Ratio Related Terms


Stryker Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stryker'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.

Stryker Cyclically Adjusted PB Ratio Chart

Stryker 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 8.70 7.16 8.10 8.96 8.02

Stryker 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 9.35 8.55 8.02 7.24 6.76

MEX:SYK vs MDT, ABT, BSX: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Stryker'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.


Stryker Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Stryker's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:SYK
94GF Score
Stryker Corp MEX:SYK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stryker 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5812.00/855.62
=6.79

* 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.

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

For example, Stryker'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)
=1091.231/333.9520*333.9520
=1,091.231

Current CPI (Jun. 2026) = 333.9520.

Stryker Quarterly Data

Book Value per Share CPI Adj_Book
201609 481.875 241.428 666.547
201612 525.046 241.432 726.251
201703 488.854 243.801 669.619
201706 484.925 244.955 661.108
201709 505.542 246.819 684.010
201712 522.776 246.524 708.175
201803 447.930 249.554 599.418
201806 497.030 251.989 658.696
201809 492.885 252.439 652.038
201812 615.167 251.233 817.712
201903 606.781 254.202 797.145
201906 613.230 256.143 799.512
201909 649.424 256.759 844.669
201912 644.967 256.974 838.170
202003 819.229 258.115 1,059.927
202006 783.771 257.797 1,015.302
202009 763.386 260.280 979.462
202012 692.015 260.474 887.228
202103 732.570 264.877 923.611
202106 729.525 271.696 896.687
202109 772.792 274.310 940.817
202112 808.442 278.802 968.360
202203 792.219 287.504 920.207
202206 833.497 296.311 939.378
202209 875.071 296.808 984.582
202212 855.415 296.797 962.501
202303 802.229 301.836 887.588
202306 783.709 305.109 857.796
202309 820.978 307.789 890.764
202312 830.314 306.746 903.956
202403 835.237 312.332 893.053
202406 950.054 314.175 1,009.859
202409 1,040.722 315.301 1,102.284
202412 1,128.308 315.605 1,193.900
202503 1,120.433 319.799 1,170.019
202506 1,043.689 322.561 1,080.546
202509 1,044.988 324.800 1,074.433
202512 1,055.393 324.054 1,087.629
202603 1,080.896 330.213 1,093.135
202606 1,091.231 333.952 1,091.231

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 6.79 mean?
Stryker (MEX:SYK) has a Cyclically Adjusted PB Ratio of 6.79 as of Aug. 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 Stryker and its competitors. This is 14% below median its historical median of 7.93. Over the past decade, Stryker's Cyclically Adjusted PB Ratio has ranged from 5.42 to 9.92. According to the industry distribution chart, Stryker ranks #461 out of 521 companies in the Medical Devices & Instruments industry, placing it in the top 88.5%.
Is Stryker's Cyclically Adjusted PB Ratio too high?
Stryker's current Cyclically Adjusted PB Ratio of 6.79 is 14% below median its 10-year median of 7.93. Over the past 10 years, this metric has ranged from a low of 5.42 to a high of 9.92. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.86. Stryker's value of 6.79 is 265.1% above this industry median. Based on the distribution chart, Stryker ranks #461 out of 521 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Stryker has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Stryker's Cyclically Adjusted PB Ratio compare to MDT and ABT?
According to the Medical Devices & Instruments industry distribution chart, Stryker ranks #461 out of 521 companies for Cyclically Adjusted PB Ratio. This places Stryker in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.86. Stryker's value of 6.79 is 265.1% above this benchmark. Historically, Stryker's own Cyclically Adjusted PB Ratio has ranged from 5.42 to 9.92 over the past decade. While the company's 10-year median is 7.93 vs. the industry median of 1.86, Stryker 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.86, based on 521 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. Stryker's current Cyclically Adjusted PB Ratio of 6.79 is 265.1% 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 Stryker and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stryker's current Cyclically Adjusted PB Ratio is 6.79, which is 14% below median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stryker stock overvalued right now?
Based on GuruFocus' analysis, Stryker (MEX:SYK) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN7,058.61, compared to a current price of MXN5,812.00 — trading 17.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.79, which is 14% below median its 10-year median of 7.93 and 265.1% above the Medical Devices & Instruments industry median of 1.86. Stryker's overall GF Score™ is 94/100 with 1 warning sign 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 Stryker (MEX:SYK), the current Cyclically Adjusted PB Ratio is 6.79 as of Aug. 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 Stryker (MEX:SYK) Overvalued in 2026?

Based on GuruFocus' analysis, Stryker stock appears to be undervalued. The current stock price of MXN5,812.00 is trading 17.7% below its estimated GF Value™ of MXN7,058.61. GuruFocus considers Stryker to be Modestly Undervalued.

Key valuation signals for MEX:SYK:

  • Cyclically Adjusted PB Ratio: 6.79 (14% below median its 10-year median of 7.93)
  • GF Value™: MXN7,058.61 vs. price of MXN5,812.00 (17.7% below fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 265.1% above the Medical Devices & Instruments median (#461 of 521)

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


Stryker Business Description

Address 1941 Stryker Way, Portage, MI, USA, 49002
Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, extremities, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and orthopedic robotics. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Roughly one-fourth of Stryker's total revenue currently comes from outside the United States.
94GF Score

Get the complete analysis for MEX:SYK

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

MXN5,812.00
Price
MXN7,058.61
GF Value