SCSC (ScanSource) Cyclically Adjusted PB Ratio: 1.26 (As of Jun. 29, 2026) — 18% Above Median


SCSC ScanSource Inc SCSC
73 GF Score
Price $51.28
GF Value $43.61
Valuation Modestly Overvalued
! 6 Warning Signs
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What is ScanSource Cyclically Adjusted PB Ratio?

ScanSource SCSC +1.02% 73 Cyclically Adjusted PB Ratio is 1.26 as of Jun. 29, 2026, which is 18% above its 10-year median of 1.07. GuruFocus rates SCSC with a GF Score™ of 73/100 and a GF Value™ of $43.61 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,980 Hardware companies, ScanSource ranks better than 66.67% on this metric.

As of today (2026-06-29), ScanSource's current share price is $51.28. ScanSource's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $40.81. ScanSource's Cyclically Adjusted PB Ratio for today is 1.26.

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

SCSC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.07   Max: 1.89
Current: 1.24

During the past years, ScanSource's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.55. And the median was 1.07.

SCSC's Cyclically Adjusted PB Ratio is ranked better than
66.67% of 1980 companies
in the Hardware industry
Industry Median: 2.16 vs SCSC: 1.24

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.

ScanSource's adjusted book value per share data for the three months ended in Mar. 2026 was $43.610. 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 $40.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ScanSource  (NAS:SCSC) 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.


ScanSource Cyclically Adjusted PB Ratio Related Terms


ScanSource Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ScanSource'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.

ScanSource Cyclically Adjusted PB Ratio Chart

ScanSource Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.87 0.80 1.15 1.05

ScanSource 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 0.87 1.05 1.10 0.98 0.89

SCSC vs NLST, CLMB, EACO: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, ScanSource'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.


ScanSource Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, ScanSource's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SCSC
73GF Score
ScanSource Inc SCSC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ScanSource 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.28/40.81
=1.26

* 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.

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

For example, ScanSource'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)
=43.61/330.2130*330.2130
=43.610

Current CPI (Mar. 2026) = 330.2130.

ScanSource Quarterly Data

Book Value per Share CPI Adj_Book
201606 30.236 241.018 41.426
201609 30.742 241.428 42.047
201612 31.191 241.432 42.661
201703 31.947 243.801 43.270
201706 32.917 244.955 44.374
201709 33.529 246.819 44.858
201712 33.663 246.524 45.091
201803 34.326 249.554 45.421
201806 33.852 251.989 44.361
201809 34.282 252.439 44.844
201812 34.997 251.233 45.999
201903 35.442 254.202 46.040
201906 35.978 256.143 46.382
201909 35.884 256.759 46.150
201912 36.597 256.974 47.027
202003 35.417 258.115 45.310
202006 26.744 257.797 34.256
202009 26.467 260.280 33.578
202012 26.801 260.474 33.977
202103 27.118 264.877 33.807
202106 28.675 271.696 34.851
202109 29.225 274.310 35.181
202112 29.953 278.802 35.476
202203 31.722 287.504 36.434
202206 32.022 296.311 35.686
202209 32.784 296.808 36.474
202212 34.029 296.797 37.860
202303 35.146 301.836 38.450
202306 36.439 305.109 39.437
202309 36.669 307.789 39.341
202312 37.911 306.746 40.811
202403 38.207 312.332 40.394
202406 38.123 314.175 40.069
202409 38.363 315.301 40.177
202412 38.143 315.605 39.908
202503 39.388 319.799 40.671
202506 40.798 322.561 41.766
202509 41.421 324.800 42.111
202512 42.083 324.054 42.883
202603 43.610 330.213 43.610

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 1.26 mean?
ScanSource (SCSC) has a Cyclically Adjusted PB Ratio of 1.26 as of Jun. 29, 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 ScanSource and its competitors. This is 18% above median its historical median of 1.07. Over the past decade, ScanSource's Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.89. According to the industry distribution chart, ScanSource ranks #660 out of 1980 companies in the Hardware industry, placing it in the top 33.3%.
Is ScanSource's Cyclically Adjusted PB Ratio too high?
ScanSource's current Cyclically Adjusted PB Ratio of 1.26 is 18% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.89. The Hardware industry median Cyclically Adjusted PB Ratio is 2.16. ScanSource's value of 1.26 is 41.7% below this industry median. Based on the distribution chart, ScanSource ranks #660 out of 1980 companies in the Hardware industry, which is above the industry midpoint. Overall, ScanSource has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ScanSource's Cyclically Adjusted PB Ratio compare to NLST and CLMB?
According to the Hardware industry distribution chart, ScanSource ranks #660 out of 1980 companies for Cyclically Adjusted PB Ratio. This puts ScanSource in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.16. ScanSource's value of 1.26 is 41.7% below this benchmark. Historically, ScanSource's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 1.89 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 2.16, ScanSource 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.16, based on 1,980 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. ScanSource's current Cyclically Adjusted PB Ratio of 1.26 is 41.7% 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 ScanSource and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ScanSource's current Cyclically Adjusted PB Ratio is 1.26, which is 18% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ScanSource stock overvalued right now?
Based on GuruFocus' analysis, ScanSource (SCSC) is currently considered Modestly Overvalued. The stock's GF Value™ is $43.61, compared to a current price of $51.28 — trading 17.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.26, which is 18% above median its 10-year median of 1.07 and 41.7% below the Hardware industry median of 2.16. ScanSource's overall GF Score™ is 73/100 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 ScanSource (SCSC), the current Cyclically Adjusted PB Ratio is 1.26 as of Jun. 29, 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 ScanSource (SCSC) Overvalued in 2026?

Based on GuruFocus' analysis, ScanSource stock appears to be overvalued. The current stock price of $51.28 is trading 17.6% above its estimated GF Value™ of $43.61. GuruFocus considers ScanSource to be Modestly Overvalued.

Key valuation signals for SCSC:

  • Cyclically Adjusted PB Ratio: 1.26 (18% above median its 10-year median of 1.07)
  • GF Value™: $43.61 vs. price of $51.28 (17.6% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 41.7% below the Hardware median (#660 of 1980)

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


ScanSource Business Description

Other Exchanges SC3:Germany
Address 6 Logue Court, Greenville, SC, USA, 29615
ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Intelisys & Advisory Segment. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States and Canada, and also has its presence in Brazil, and other countries.
73GF 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.

$51.28
Price
$43.61
GF Value