OFIX (Orthofix Medical) Cyclically Adjusted PB Ratio: 0.51 (As of Aug. 21, 2026) — 70% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

OFIX Orthofix Medical Inc OFIX
57 GF Score
Price $9.81
GF Value $13.93
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Orthofix Medical Cyclically Adjusted PB Ratio?

Orthofix Medical OFIX -2.00% 57 Cyclically Adjusted PB Ratio is 0.51 as of Aug. 21, 2026, which is 70% below its 10-year median of 1.70. GuruFocus rates OFIX with a GF Score™ of 57/100 and a GF Value™ of $13.93 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 519 Medical Devices & Instruments companies, Orthofix Medical ranks better than 82.08% on this metric.

As of today (2026-08-21), Orthofix Medical's current share price is $9.81. Orthofix Medical's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $19.33. Orthofix Medical's Cyclically Adjusted PB Ratio for today is 0.51.

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

OFIX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.7   Max: 3.75
Current: 0.52

During the past years, Orthofix Medical's highest Cyclically Adjusted PB Ratio was 3.75. The lowest was 0.48. And the median was 1.70.

OFIX's Cyclically Adjusted PB Ratio is ranked better than
82.08% of 519 companies
in the Medical Devices & Instruments industry
Industry Median: 1.88 vs OFIX: 0.52

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.

Orthofix Medical's adjusted book value per share data for the three months ended in Jun. 2026 was $10.537. 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 $19.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orthofix Medical  (NAS:OFIX) 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.


Orthofix Medical Cyclically Adjusted PB Ratio Related Terms


Orthofix Medical Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Orthofix Medical'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.

Orthofix Medical Cyclically Adjusted PB Ratio Chart

Orthofix Medical 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 1.60 1.03 0.68 0.89 0.79

Orthofix Medical 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 0.57 0.75 0.79 0.59 0.47

OFIX vs VMD, VREX, KIDS: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Orthofix Medical'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.


Orthofix Medical Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


OFIX
57GF Score
Orthofix Medical Inc OFIX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orthofix Medical 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.

Orthofix Medical's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.81/19.33
=0.51

* 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.

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

For example, Orthofix Medical'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)
=10.537/333.9520*333.9520
=10.537

Current CPI (Jun. 2026) = 333.9520.

Orthofix Medical Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.146 241.428 20.950
201612 14.779 241.432 20.443
201703 14.805 243.801 20.279
201706 15.285 244.955 20.838
201709 15.665 246.819 21.195
201712 16.227 246.524 21.982
201803 17.016 249.554 22.771
201806 17.302 251.989 22.930
201809 17.443 252.439 23.075
201812 18.052 251.233 23.996
201903 18.290 254.202 24.028
201906 18.468 256.143 24.078
201909 16.235 256.759 21.116
201912 17.223 256.974 22.382
202003 18.649 258.115 24.128
202006 17.963 257.797 23.269
202009 18.420 260.280 23.634
202012 18.372 260.474 23.555
202103 18.220 264.877 22.971
202106 18.419 271.696 22.640
202109 18.481 274.310 22.499
202112 16.985 278.802 20.345
202203 16.912 287.504 19.644
202206 17.097 296.311 19.269
202209 16.671 296.808 18.757
202212 16.708 296.797 18.800
202303 18.215 301.836 20.153
202306 17.423 305.109 19.070
202309 16.748 307.789 18.172
202312 16.110 306.746 17.539
202403 15.245 312.332 16.300
202406 14.354 314.175 15.258
202409 13.764 315.301 14.578
202412 13.073 315.605 13.833
202503 11.722 319.799 12.241
202506 11.609 322.561 12.019
202509 11.197 324.800 11.513
202512 11.298 324.054 11.643
202603 10.777 330.213 10.899
202606 10.537 333.952 10.537

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 0.51 mean?
Orthofix Medical (OFIX) has a Cyclically Adjusted PB Ratio of 0.51 as of Aug. 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 Orthofix Medical and its competitors. This is 70% below median its historical median of 1.70. Over the past decade, Orthofix Medical's Cyclically Adjusted PB Ratio has ranged from 0.48 to 3.75. According to the industry distribution chart, Orthofix Medical ranks #93 out of 519 companies in the Medical Devices & Instruments industry, placing it in the top 17.9%.
Is Orthofix Medical's Cyclically Adjusted PB Ratio too high?
Orthofix Medical's current Cyclically Adjusted PB Ratio of 0.51 is 70% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 3.75. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.88. Orthofix Medical's value of 0.51 is 72.9% below this industry median. Based on the distribution chart, Orthofix Medical ranks #93 out of 519 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Orthofix Medical has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Orthofix Medical's Cyclically Adjusted PB Ratio compare to VMD and VREX?
According to the Medical Devices & Instruments industry distribution chart, Orthofix Medical ranks #93 out of 519 companies for Cyclically Adjusted PB Ratio. This places Orthofix Medical in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.88. Orthofix Medical's value of 0.51 is 72.9% below this benchmark. Historically, Orthofix Medical's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 3.75 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.88, Orthofix Medical 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 1.88, based on 519 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. Orthofix Medical's current Cyclically Adjusted PB Ratio of 0.51 is 72.9% 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 Orthofix Medical and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orthofix Medical's current Cyclically Adjusted PB Ratio is 0.51, which is 70% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orthofix Medical stock overvalued right now?
Based on GuruFocus' analysis, Orthofix Medical (OFIX) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.93, compared to a current price of $9.81 — trading 29.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.51, which is 70% below median its 10-year median of 1.70 and 72.9% below the Medical Devices & Instruments industry median of 1.88. Orthofix Medical's overall GF Score™ is 57/100 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 Orthofix Medical (OFIX), the current Cyclically Adjusted PB Ratio is 0.51 as of Aug. 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 Orthofix Medical (OFIX) Overvalued in 2026?

Based on GuruFocus' analysis, Orthofix Medical stock appears to be undervalued. The current stock price of $9.81 is trading 29.6% below its estimated GF Value™ of $13.93. GuruFocus considers Orthofix Medical to be Modestly Undervalued.

Key valuation signals for OFIX:

  • Cyclically Adjusted PB Ratio: 0.51 (70% below median its 10-year median of 1.70)
  • GF Value™: $13.93 vs. price of $9.81 (29.6% below fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 72.9% below the Medical Devices & Instruments median (#93 of 519)

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


Orthofix Medical Business Description

Other Exchanges OM2:Germany
Address 3451 Plano Parkway, Lewisville, TX, USA, 75056
Orthofix Medical Inc. is a medical device company delivering orthopedic and spine solutions to healthcare providers. The company has two reportable segments: Global Spine and Global Limb Reconstruction. The Global Spine segment offers bone growth therapies, spinal implants, biologics, and enabling technologies used in spinal procedures. The Global Limb Reconstruction segment provides products and solutions for limb deformity correction, limb lengthening, fracture management, and limb preservation, supported by digital technologies. It generates the majority of its revenue from the Global Spine segment.
57GF Score

Get the complete analysis for OFIX

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

$9.81
Price
$13.93
GF Value