SLP (Simulations Plus) Cyclically Adjusted PB Ratio: 2.97 (As of Jul. 06, 2026) — 80% Below Median


SLP Simulations Plus Inc SLP
81 GF Score
Price $18.38
GF Value $38.32
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Simulations Plus Cyclically Adjusted PB Ratio?

Simulations Plus SLP +0.22% 81 Cyclically Adjusted PB Ratio is 2.97 as of Jul. 06, 2026, which is 80% below its 10-year median of 14.62. GuruFocus rates SLP with a GF Score™ of 81/100 and a GF Value™ of $38.32 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 358 Healthcare Providers & Services companies, Simulations Plus ranks worse than 70.67% on this metric.

As of today (2026-07-06), Simulations Plus's current share price is $18.38. Simulations Plus's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was $6.18. Simulations Plus's Cyclically Adjusted PB Ratio for today is 2.97.

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

SLP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 14.62   Max: 50.65
Current: 2.97

During the past years, Simulations Plus's highest Cyclically Adjusted PB Ratio was 50.65. The lowest was 1.85. And the median was 14.62.

SLP's Cyclically Adjusted PB Ratio is ranked worse than
70.67% of 358 companies
in the Healthcare Providers & Services industry
Industry Median: 1.82 vs SLP: 2.97

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.

Simulations Plus's adjusted book value per share data for the three months ended in Feb. 2026 was $6.621. 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 $6.18 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Simulations Plus  (NAS:SLP) 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.


Simulations Plus Cyclically Adjusted PB Ratio Related Terms


Simulations Plus Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Simulations Plus'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.

Simulations Plus Cyclically Adjusted PB Ratio Chart

Simulations Plus Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.52 17.91 10.53 7.10 2.41

Simulations Plus Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 5.20 5.56 2.41 2.83 1.98

SLP vs TBRG, CARL, NRC: Cyclically Adjusted PB Ratio Comparison

For the Health Information Services subindustry, Simulations Plus'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.


Simulations Plus Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Simulations Plus's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SLP
81GF Score
Simulations Plus Inc SLP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Simulations Plus 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.

Simulations Plus's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.38/6.18
=2.97

* 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.

Simulations Plus's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=6.621/326.7850*326.7850
=6.621

Current CPI (Feb. 2026) = 326.7850.

Simulations Plus Quarterly Data

Book Value per Share CPI Adj_Book
201605 1.263 240.229 1.718
201608 1.320 240.849 1.791
201611 1.355 241.353 1.835
201702 1.385 243.603 1.858
201705 1.463 244.733 1.954
201708 1.494 245.519 1.989
201711 1.543 246.669 2.044
201802 1.703 248.991 2.235
201805 1.792 251.588 2.328
201808 1.833 252.146 2.376
201811 1.851 252.038 2.400
201902 1.929 252.776 2.494
201905 2.052 256.092 2.618
201908 2.142 256.558 2.728
201911 2.224 257.208 2.826
202002 2.315 258.678 2.925
202005 2.619 256.394 3.338
202008 7.832 259.918 9.847
202011 7.918 260.229 9.943
202102 8.051 263.014 10.003
202105 8.220 269.195 9.979
202108 8.231 273.567 9.832
202111 8.352 277.948 9.819
202202 8.551 283.716 9.849
202205 8.775 292.296 9.810
202208 8.798 296.171 9.707
202211 8.867 297.711 9.733
202302 8.258 300.840 8.970
202305 8.501 304.127 9.134
202308 8.528 307.026 9.077
202311 8.632 307.051 9.187
202402 8.859 310.326 9.329
202405 9.040 314.069 9.406
202408 9.098 314.796 9.444
202411 9.196 315.493 9.525
202502 9.425 319.082 9.653
202505 6.153 321.465 6.255
202508 6.198 323.976 6.252
202511 6.309 324.122 6.361
202602 6.621 326.785 6.621

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 2.97 mean?
Simulations Plus (SLP) has a Cyclically Adjusted PB Ratio of 2.97 as of Jul. 06, 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 Simulations Plus and its competitors. This is 80% below median its historical median of 14.62. Over the past decade, Simulations Plus' Cyclically Adjusted PB Ratio has ranged from 1.85 to 50.65. According to the industry distribution chart, Simulations Plus ranks #253 out of 358 companies in the Healthcare Providers & Services industry, placing it in the top 70.7%.
Is Simulations Plus' Cyclically Adjusted PB Ratio too high?
Simulations Plus' current Cyclically Adjusted PB Ratio of 2.97 is 80% below median its 10-year median of 14.62. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 50.65. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.82. Simulations Plus' value of 2.97 is 63.2% above this industry median. Based on the distribution chart, Simulations Plus ranks #253 out of 358 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Simulations Plus has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Simulations Plus' Cyclically Adjusted PB Ratio compare to TBRG and CARL?
According to the Healthcare Providers & Services industry distribution chart, Simulations Plus ranks #253 out of 358 companies for Cyclically Adjusted PB Ratio. This places Simulations Plus in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.82. Simulations Plus' value of 2.97 is 63.2% above this benchmark. Historically, Simulations Plus' own Cyclically Adjusted PB Ratio has ranged from 1.85 to 50.65 over the past decade. While the company's 10-year median is 14.62 vs. the industry median of 1.82, Simulations Plus has consistently been above 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.82, based on 358 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. Simulations Plus's current Cyclically Adjusted PB Ratio of 2.97 is 63.2% above 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 Simulations Plus and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simulations Plus's current Cyclically Adjusted PB Ratio is 2.97, which is 80% below median its own 10-year median of 14.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simulations Plus stock overvalued right now?
Based on GuruFocus' analysis, Simulations Plus (SLP) is currently considered Significantly Undervalued. The stock's GF Value™ is $38.32, compared to a current price of $18.38 — trading 52% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.97, which is 80% below median its 10-year median of 14.62 and 63.2% above the Healthcare Providers & Services industry median of 1.82. Simulations Plus' overall GF Score™ is 81/100 with 7 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 Simulations Plus (SLP), the current Cyclically Adjusted PB Ratio is 2.97 as of Jul. 06, 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 Simulations Plus (SLP) Overvalued in 2026?

Based on GuruFocus' analysis, Simulations Plus stock appears to be undervalued. The current stock price of $18.38 is trading 52% below its estimated GF Value™ of $38.32. GuruFocus considers Simulations Plus to be Significantly Undervalued.

Key valuation signals for SLP:

  • Cyclically Adjusted PB Ratio: 2.97 (80% below median its 10-year median of 14.62)
  • GF Value™: $38.32 vs. price of $18.38 (52% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 63.2% above the Healthcare Providers & Services median (#253 of 358)

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


Simulations Plus Business Description

Other Exchanges SD3:Germany
Address 800 Park Offices Drive, Suite 401, Research Triangle Park, Lancaster, NC, USA, 27709
Simulations Plus Inc is engaged in the software industry. It develops and produces software for use in pharmaceutical research and education, and provides consulting and contract research services to the pharmaceutical industry. The company's operating segments include Software and services. The company offers software products for pharmaceutical research such as ADMET (Absorption, Distribution, Metabolism, Excretion, and Toxicity). It generates maximum revenue from the software segment. Maximum revenue is earned from USA following EMEA and Asia Pacific.
81GF Score

Get the complete analysis for SLP

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

$18.38
Price
$38.32
GF Value