SPCB (SuperCom) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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.
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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.

SPCB SuperCom Ltd SPCB
46 GF Score
Price $9.58
GF Value $0.99
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SuperCom Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SuperCom  (NAS:SPCB) 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.


SuperCom Cyclically Adjusted PB Ratio Related Terms


SuperCom Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SuperCom'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.

SuperCom Cyclically Adjusted PB Ratio Chart

SuperCom 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 0.34 0.10 0.02 0.02 0.05

SuperCom 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 0.04 0.04 0.05 0.04 0.06

SPCB vs BAER, SNT, KSCP: Cyclically Adjusted PB Ratio Comparison

For the Security & Protection Services subindustry, SuperCom'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.


SuperCom Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, SuperCom's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SPCB
46GF Score
SuperCom Ltd SPCB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SuperCom 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.

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

For example, SuperCom'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)
=8.902/333.9520*333.9520
=8.902

Current CPI (Jun. 2026) = 333.9520.

SuperCom Quarterly Data

Book Value per Share CPI Adj_Book
201409 436.996 238.031 613.095
201412 411.946 234.812 585.874
201503 444.545 236.119 628.737
201506 733.626 238.638 1,026.642
201509 737.911 237.945 1,035.646
201512 702.638 236.525 992.062
201603 679.364 238.132 952.728
201606 682.241 241.018 945.306
201703 494.017 243.801 676.691
201706 487.310 244.955 664.359
201709 497.498 246.819 673.127
201712 437.308 246.524 592.396
201803 434.166 249.554 580.999
201806 435.035 251.989 576.536
201809 457.150 252.439 604.765
201812 242.462 251.233 322.293
201903 254.202 0.000
201906 256.143 0.000
202103 147.333 264.877 185.755
202106 80.000 271.696 98.331
202109 68.896 274.310 83.876
202112 31.106 278.802 37.259
202203 40.313 287.504 46.826
202206 23.749 296.311 26.766
202209 19.771 296.808 22.245
202212 14.887 296.797 16.751
202303 20.436 301.836 22.610
202306 13.752 305.109 15.052
202309 13.185 307.789 14.306
202312 7.247 306.746 7.890
202403 312.332 0.000
202406 8.034 314.175 8.540
202409 7.766 315.301 8.225
202412 5.383 315.605 5.696
202503 10.003 319.799 10.446
202506 7.954 322.561 8.235
202509 8.710 324.800 8.955
202512 8.104 324.054 8.352
202603 8.487 330.213 8.583
202606 8.902 333.952 8.902

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.

Is SuperCom (SPCB) Overvalued in 2026?

Based on GuruFocus' analysis, SuperCom stock appears to be overvalued. The current stock price of $9.58 is trading 867.2% above its estimated GF Value™ of $0.99. GuruFocus considers SuperCom to be Significantly Overvalued.

Key valuation signals for SPCB:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.99 vs. price of $9.58 (867.2% above fair value)
  • GF Score™: 46/100 with 5 warning signs

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


SuperCom Business Description

Other Exchanges 50S:Germany
Address 3 Rothschild Street, Tel Aviv, ISR, 6688106
SuperCom Ltd is an Israel-based provider of traditional and digital identity solutions, providing safety, identification, tracking, and security products to governments and organizations. The company comprises three main Strategic Business Units: e-Gov; IoT, which is the key revenue driver; and Cyber Security. The Company's IoT products and solutions reliably identify, track and monitor people or objects in real time, enabling the customers to detect unauthorized movement of people, vehicles and other monitored objects. The geographical segments of the company include Africa, European countries, South America, the United States, Israel, and APAC.
46GF Score

Get the complete analysis for SPCB

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

$9.58
Price
$0.99
GF Value