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Light AINEOE:ALGO -10.87%34 Cyclically Adjusted PB Ratio is 0.14 as of Aug. 23, 2026. GuruFocus rates NEOE:ALGO with a GF Score™ of 34/100. The stock has 3 warning signs investors should review. Among 339 Healthcare Providers & Services companies, Light AI ranks better than 95.28% on this metric.
The historical rank and industry rank for Light AI's Cyclically Adjusted PB Ratio or its related term are showing as below:
NEOE:ALGO'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.14
Current: 0.14
During the past years, Light AI's highest Cyclically Adjusted PB Ratio was 0.14. The lowest was 0.00. And the median was 0.00.
NEOE:ALGO's Cyclically Adjusted PB Ratio is ranked better than 95.28% of 339
companies
in the Healthcare Providers & Services industry
Industry Median: 1.85
vs NEOE:ALGO: 0.14
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.
Light AI's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.030. 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 C$1.49 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Light AI (NEOE:ALGO) 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.
Light AI Cyclically Adjusted PB Ratio Related Terms
Light AI Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Light AI'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.
NEOE:ALGO vs VEEV, BTSG, HQY: Cyclically Adjusted PB Ratio Comparison
For the Health Information Services subindustry, Light AI'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.
Light AI Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Light AI's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Light AI's Cyclically Adjusted PB Ratio falls into.
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.
Light AI's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.14 mean?
Light AI (NEOE:ALGO) has a Cyclically Adjusted PB Ratio of 0.14 as of Aug. 23, 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 Light AI and its competitors. According to the industry distribution chart, Light AI ranks #16 out of 339 companies in the Healthcare Providers & Services industry, placing it in the top 4.7%.
Is Light AI's Cyclically Adjusted PB Ratio too high?
Light AI's current Cyclically Adjusted PB Ratio is 0.14. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.85. Light AI's value of 0.14 is 92.4% below this industry median. Based on the distribution chart, Light AI ranks #16 out of 339 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Light AI has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Light AI's Cyclically Adjusted PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Light AI ranks #16 out of 339 companies for Cyclically Adjusted PB Ratio. This places Light AI in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.85. Light AI's value of 0.14 is 92.4% below this benchmark. 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.85, based on 339 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. Light AI's current Cyclically Adjusted PB Ratio of 0.14 is 92.4% 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 Light AI and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light AI's current Cyclically Adjusted PB Ratio is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light AI stock overvalued right now?
Light AI (NEOE:ALGO) has a current Cyclically Adjusted PB Ratio of 0.14. The current Cyclically Adjusted PB Ratio is 0.14 and 92.4% below the Healthcare Providers & Services industry median of 1.85. Light AI's overall GF Score™ is 34/100 with 3 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 Light AI (NEOE:ALGO), the current Cyclically Adjusted PB Ratio is 0.14 as of Aug. 23, 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.
Light AI Inc is currently focused on the development of healthcare solutions to combat disease and reduce the use and misuse of antibiotics. It is currently pre-revenue and therefore the Company's ability to continue as a going concern is dependent upon its ability to continue to obtain borrowings from third parties or raise capital, sufficient to meet current and future obligations and to complete development of its product.
34GF Score
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