PPSI (Pioneer Power Solutions) Cyclically Adjusted PB Ratio: 1.29 (As of Jul. 17, 2026) — 15% Below Median

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PPSI Pioneer Power Solutions Inc PPSI
74 GF Score
Price $3.24
GF Value $3.57
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Pioneer Power Solutions Cyclically Adjusted PB Ratio?

Pioneer Power Solutions PPSI -1.82% 74 Cyclically Adjusted PB Ratio is 1.29 as of Jul. 17, 2026, which is 15% below its 10-year median of 1.51. GuruFocus rates PPSI with a GF Scoreâ„¢ of 74/100 and a GF Valueâ„¢ of $3.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,290 Industrial Products companies, Pioneer Power Solutions ranks better than 66.11% on this metric.

As of today (2026-07-17), Pioneer Power Solutions's current share price is $3.24. Pioneer Power Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.51. Pioneer Power Solutions's Cyclically Adjusted PB Ratio for today is 1.29.

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

PPSI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.51   Max: 2.92
Current: 1.32

During the past years, Pioneer Power Solutions's highest Cyclically Adjusted PB Ratio was 2.92. The lowest was 0.30. And the median was 1.51.

PPSI's Cyclically Adjusted PB Ratio is ranked better than
66.11% of 2290 companies
in the Industrial Products industry
Industry Median: 2.22 vs PPSI: 1.32

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.

Pioneer Power Solutions's adjusted book value per share data for the three months ended in Mar. 2026 was $2.417. 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 $2.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pioneer Power Solutions  (NAS:PPSI) 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.


Pioneer Power Solutions Cyclically Adjusted PB Ratio Related Terms


Pioneer Power Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pioneer Power Solutions'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.

Pioneer Power Solutions Cyclically Adjusted PB Ratio Chart

Pioneer Power Solutions 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 2.39 0.85 2.31 1.57 1.88

Pioneer Power Solutions 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 1.14 1.06 1.69 1.88 1.30

PPSI vs OESX, CBAT, GWH: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Pioneer Power Solutions'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.


Pioneer Power Solutions Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pioneer Power Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PPSI
74GF Score
Pioneer Power Solutions Inc PPSI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pioneer Power Solutions 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.

Pioneer Power Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.24/2.51
=1.29

* 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.

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

For example, Pioneer Power Solutions'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)
=2.417/330.2130*330.2130
=2.417

Current CPI (Mar. 2026) = 330.2130.

Pioneer Power Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.289 241.018 4.506
201609 3.316 241.428 4.535
201612 3.011 241.432 4.118
201703 3.042 243.801 4.120
201706 3.210 244.955 4.327
201709 3.136 246.819 4.196
201712 2.011 246.524 2.694
201803 1.942 249.554 2.570
201806 1.850 251.989 2.424
201809 1.860 252.439 2.433
201812 1.370 251.233 1.801
201903 1.992 254.202 2.588
201906 1.576 256.143 2.032
201909 1.666 256.759 2.143
201912 1.930 256.974 2.480
202003 1.549 258.115 1.982
202006 1.520 257.797 1.947
202009 1.674 260.280 2.124
202012 1.588 260.474 2.013
202103 1.632 264.877 2.035
202106 1.438 271.696 1.748
202109 1.395 274.310 1.679
202112 2.028 278.802 2.402
202203 1.953 287.504 2.243
202206 1.760 296.311 1.961
202209 1.643 296.808 1.828
202212 1.571 296.797 1.748
202303 1.759 301.836 1.924
202306 1.769 305.109 1.915
202309 1.863 307.789 1.999
202312 1.432 306.746 1.542
202403 1.669 312.332 1.765
202406 1.446 314.175 1.520
202409 1.345 315.301 1.409
202412 3.186 315.605 3.333
202503 3.104 319.799 3.205
202506 2.978 322.561 3.049
202509 2.767 324.800 2.813
202512 2.642 324.054 2.692
202603 2.417 330.213 2.417

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 1.29 mean?
Pioneer Power Solutions (PPSI) has a Cyclically Adjusted PB Ratio of 1.29 as of Jul. 17, 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 Pioneer Power Solutions and its competitors. This is 15% below median its historical median of 1.51. Over the past decade, Pioneer Power Solutions' Cyclically Adjusted PB Ratio has ranged from 0.30 to 2.92. According to the industry distribution chart, Pioneer Power Solutions ranks #776 out of 2290 companies in the Industrial Products industry, placing it in the top 33.9%.
Is Pioneer Power Solutions' Cyclically Adjusted PB Ratio too high?
Pioneer Power Solutions' current Cyclically Adjusted PB Ratio of 1.29 is 15% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 2.92. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.22. Pioneer Power Solutions' value of 1.29 is 41.9% below this industry median. Based on the distribution chart, Pioneer Power Solutions ranks #776 out of 2290 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Pioneer Power Solutions has a GF Scoreâ„¢ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Power Solutions' Cyclically Adjusted PB Ratio compare to OESX and CBAT?
According to the Industrial Products industry distribution chart, Pioneer Power Solutions ranks #776 out of 2290 companies for Cyclically Adjusted PB Ratio. This puts Pioneer Power Solutions in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. Pioneer Power Solutions' value of 1.29 is 41.9% below this benchmark. Historically, Pioneer Power Solutions' own Cyclically Adjusted PB Ratio has ranged from 0.30 to 2.92 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 2.22, Pioneer Power Solutions 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.22, based on 2,290 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. Pioneer Power Solutions's current Cyclically Adjusted PB Ratio of 1.29 is 41.9% 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 Pioneer Power Solutions and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Power Solutions's current Cyclically Adjusted PB Ratio is 1.29, which is 15% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Power Solutions stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Power Solutions (PPSI) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.57, compared to a current price of $3.24 — trading 9.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.29, which is 15% below median its 10-year median of 1.51 and 41.9% below the Industrial Products industry median of 2.22. Pioneer Power Solutions' overall GF Score™ is 74/100 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 Pioneer Power Solutions (PPSI), the current Cyclically Adjusted PB Ratio is 1.29 as of Jul. 17, 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 Pioneer Power Solutions (PPSI) Overvalued in 2026?

Based on GuruFocus' analysis, Pioneer Power Solutions stock appears to be undervalued. The current stock price of $3.24 is trading 9.2% below its estimated GF Value™ of $3.57. GuruFocus considers Pioneer Power Solutions to be Modestly Undervalued.

Key valuation signals for PPSI:

  • Cyclically Adjusted PB Ratio: 1.29 (15% below median its 10-year median of 1.51)
  • GF Value™: $3.57 vs. price of $3.24 (9.2% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 41.9% below the Industrial Products median (#776 of 2290)

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


Pioneer Power Solutions Business Description

Address 400 Kelby Street, 12th Floor, One Parker Plaza, Fort Lee, NJ, USA, 07024
Pioneer Power Solutions Inc designs, manufactures, integrates, services, and sells distributed energy resources, on-site and mobile power generation equipment, and a platform of mobile electric vehicle (EV) charging solutions. Its principal products and services include custom-engineered electrical transformers, switchgear and engine-generator sets and controls, complemented by a national field-service network to maintain and repair power generation assets. The Company launched two new product platforms namely, PRYMUS, a new, mobile on-site power system concentrating on customers with requirements of 1-10 megawatts of mobile power and PowerCore, a residential and small commercial based primary generator system integrating a DC fast charger into one solution.
74GF Score

Get the complete analysis for PPSI

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

$3.24
Price
$3.57
GF Value