Myomo (MYO) Cyclically Adjusted PB Ratio: 0.17 (As of Jul. 21, 2026) — 11% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

MYO Myomo Inc MYO
57 GF Score
Price $0.90
GF Value $3.14
Valuation Possible Value Trap
! 5 Warning Signs
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What is Myomo Cyclically Adjusted PB Ratio?

Myomo MYO -5.27% 57 Cyclically Adjusted PB Ratio is 0.17 as of Jul. 21, 2026, which is 11% below its 10-year median of 0.19. GuruFocus rates MYO with a GF Score™ of 57/100 and a GF Value™ of $3.14 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 522 Medical Devices & Instruments companies, Myomo ranks better than 94.06% on this metric.

As of today (2026-07-21), Myomo's current share price is $0.90. Myomo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.32. Myomo's Cyclically Adjusted PB Ratio for today is 0.17.

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

MYO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.19   Max: 0.24
Current: 0.18

During the past years, Myomo's highest Cyclically Adjusted PB Ratio was 0.24. The lowest was 0.13. And the median was 0.19.

MYO's Cyclically Adjusted PB Ratio is ranked better than
94.06% of 522 companies
in the Medical Devices & Instruments industry
Industry Median: 1.775 vs MYO: 0.18

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.

Myomo's adjusted book value per share data for the three months ended in Mar. 2026 was $0.233. 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 $5.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Myomo  (AMEX:MYO) 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.


Myomo Cyclically Adjusted PB Ratio Related Terms


Myomo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Myomo'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.

Myomo Cyclically Adjusted PB Ratio Chart

Myomo 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 0.00 0.00 0.00 0.00

Myomo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.00 0.00 0.00 0.13

MYO vs FOFA, ELUT, PAVM: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Myomo'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.


Myomo Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


MYO
57GF Score
Myomo Inc MYO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Myomo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.90/5.32
=0.17

* 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.

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

For example, Myomo's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.233/330.2130*330.2130
=0.233

Current CPI (Mar. 2026) = 330.2130.

Myomo Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 -81.916 241.432 -112.039
201703 0.000 243.801 0.000
201706 19.517 244.955 26.310
201709 12.623 246.819 16.888
201712 33.547 246.524 44.935
201803 33.633 249.554 44.504
201806 27.659 251.989 36.245
201809 21.564 252.439 28.208
201812 15.484 251.233 20.352
201903 16.704 254.202 21.699
201906 12.447 256.143 16.046
201909 7.712 256.759 9.918
201912 3.179 256.974 4.085
202003 4.186 258.115 5.355
202006 3.118 257.797 3.994
202009 2.847 260.280 3.612
202012 2.518 260.474 3.192
202103 2.867 264.877 3.574
202106 2.423 271.696 2.945
202109 2.250 274.310 2.709
202112 2.243 278.802 2.657
202203 1.871 287.504 2.149
202206 1.483 296.311 1.653
202209 1.109 296.808 1.234
202212 0.820 296.797 0.912
202303 0.460 301.836 0.503
202306 0.418 305.109 0.452
202309 0.416 307.789 0.446
202312 0.331 306.746 0.356
202403 0.379 312.332 0.401
202406 0.320 314.175 0.336
202409 0.307 315.301 0.322
202412 0.719 315.605 0.752
202503 0.630 319.799 0.651
202506 0.466 322.561 0.477
202509 0.381 324.800 0.387
202512 0.296 324.054 0.302
202603 0.233 330.213 0.233

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 0.17 mean?
Myomo (MYO) has a Cyclically Adjusted PB Ratio of 0.17 as of Jul. 21, 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 Myomo and its competitors. This is 11% below median its historical median of 0.19. Over the past decade, Myomo's Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.24. According to the industry distribution chart, Myomo ranks #31 out of 522 companies in the Medical Devices & Instruments industry, placing it in the top 5.9%.
Is Myomo's Cyclically Adjusted PB Ratio too high?
Myomo's current Cyclically Adjusted PB Ratio of 0.17 is 11% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.24. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.78. Myomo's value of 0.17 is 90.4% below this industry median. Based on the distribution chart, Myomo ranks #31 out of 522 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Myomo has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Myomo's Cyclically Adjusted PB Ratio compare to FOFA and ELUT?
According to the Medical Devices & Instruments industry distribution chart, Myomo ranks #31 out of 522 companies for Cyclically Adjusted PB Ratio. This places Myomo in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.78. Myomo's value of 0.17 is 90.4% below this benchmark. Historically, Myomo's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 0.24 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 1.78, Myomo 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.78, based on 522 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. Myomo's current Cyclically Adjusted PB Ratio of 0.17 is 90.4% 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 Myomo and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myomo's current Cyclically Adjusted PB Ratio is 0.17, which is 11% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myomo stock overvalued right now?
Based on GuruFocus' analysis, Myomo (MYO) is currently considered Possible Value Trap. The stock's GF Value™ is $3.14, compared to a current price of $0.90 — trading 71.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.17, which is 11% below median its 10-year median of 0.19 and 90.4% below the Medical Devices & Instruments industry median of 1.78. Myomo's overall GF Score™ is 57/100 with 5 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 Myomo (MYO), the current Cyclically Adjusted PB Ratio is 0.17 as of Jul. 21, 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 Myomo (MYO) Overvalued in 2026?

Based on GuruFocus' analysis, Myomo stock appears to be undervalued. The current stock price of $0.90 is trading 71.3% below its estimated GF Value™ of $3.14. GuruFocus considers Myomo to be Possible Value Trap.

Key valuation signals for MYO:

  • Cyclically Adjusted PB Ratio: 0.17 (11% below median its 10-year median of 0.19)
  • GF Value™: $3.14 vs. price of $0.90 (71.3% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 90.4% below the Medical Devices & Instruments median (#31 of 522)

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


Myomo Business Description

Other Exchanges 0M61:Germany
Address 45 Blue Sky Drive, Suite 101, Burlington, MA, USA, 01803
Myomo Inc is a wearable medical robotics company that develops, designs, and produces myoelectric orthotics for people with neuromuscular disorders. The MyoPro myoelectric upper limb orthosis product is registered with the Food and Drug Administration as a Class II medical device. The company provides the devices to patients and bills their insurance companies directly, sometimes utilizing the clinical services of orthotics and prosthetics providers for which a fee is paid. The company sells the product to orthotics and prosthetics providers around the world and the Veterans Health Administration (VA). Geographically, it derives maximum revenue from the United States, followed by Germany, and other international.
57GF Score

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

$0.90
Price
$3.14
GF Value