SSMXF (Sysmex) Cyclically Adjusted PB Ratio: 2.51 (As of Jul. 12, 2026) — 70% Below Median


SSMXF Sysmex Corp SSMXF
69 GF Score
Price $8.85
GF Value $17.89
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Sysmex Cyclically Adjusted PB Ratio?

Sysmex SSMXF +5.89% 69 Cyclically Adjusted PB Ratio is 2.51 as of Jul. 12, 2026, which is 70% below its 10-year median of 8.37. GuruFocus rates SSMXF with a GF Score™ of 69/100 and a GF Value™ of $17.89 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 524 Medical Devices & Instruments companies, Sysmex ranks worse than 63.74% on this metric.

As of today (2026-07-12), Sysmex's current share price is $8.85. Sysmex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.52. Sysmex's Cyclically Adjusted PB Ratio for today is 2.51.

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

SSMXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.32   Med: 8.37   Max: 16.04
Current: 2.68

During the past years, Sysmex's highest Cyclically Adjusted PB Ratio was 16.04. The lowest was 2.32. And the median was 8.37.

SSMXF's Cyclically Adjusted PB Ratio is ranked worse than
63.74% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 1.8 vs SSMXF: 2.68

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.

Sysmex's adjusted book value per share data for the three months ended in Mar. 2026 was $5.121. 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 $3.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sysmex  (OTCPK:SSMXF) 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.


Sysmex Cyclically Adjusted PB Ratio Related Terms


Sysmex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sysmex'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.

Sysmex Cyclically Adjusted PB Ratio Chart

Sysmex Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.46 7.13 5.82 5.47 2.39

Sysmex 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 5.47 4.72 3.35 2.75 2.39

SSMXF vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Sysmex'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.


Sysmex Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


SSMXF
69GF Score
Sysmex Corp SSMXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sysmex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.85/3.52
=2.51

* 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.

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

For example, Sysmex'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)
=5.121/112.7000*112.7000
=5.121

Current CPI (Mar. 2026) = 112.7000.

Sysmex Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.709 98.100 3.112
201609 3.010 98.000 3.462
201612 2.795 98.400 3.201
201703 2.969 98.100 3.411
201706 3.100 98.500 3.547
201709 3.306 98.800 3.771
201712 3.347 99.400 3.795
201803 3.629 99.200 4.123
201806 3.502 99.200 3.979
201809 3.619 99.900 4.083
201812 3.584 99.700 4.051
201903 3.800 99.700 4.295
201906 3.839 99.800 4.335
201909 3.971 100.100 4.471
201912 4.008 100.500 4.495
202003 4.117 100.300 4.626
202006 4.088 99.900 4.612
202009 4.311 99.900 4.863
202012 4.470 99.300 5.073
202103 4.480 99.900 5.054
202106 4.522 99.500 5.122
202109 4.691 100.100 5.281
202112 4.632 100.100 5.215
202203 4.680 101.100 5.217
202206 4.306 101.800 4.767
202209 4.222 103.100 4.615
202212 4.409 104.100 4.773
202303 4.620 104.400 4.987
202306 4.530 105.200 4.853
202309 4.519 106.200 4.796
202312 4.525 106.800 4.775
202403 4.625 107.200 4.862
202406 4.551 108.200 4.740
202409 4.947 108.900 5.120
202412 4.826 110.700 4.913
202503 4.989 111.100 5.061
202506 5.120 111.700 5.166
202509 5.237 112.000 5.270
202512 5.155 113.000 5.141
202603 5.121 112.700 5.121

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 2.51 mean?
Sysmex (SSMXF) has a Cyclically Adjusted PB Ratio of 2.51 as of Jul. 12, 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 Sysmex and its competitors. This is 70% below median its historical median of 8.37. Over the past decade, Sysmex's Cyclically Adjusted PB Ratio has ranged from 2.32 to 16.04. According to the industry distribution chart, Sysmex ranks #334 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 63.7%.
Is Sysmex's Cyclically Adjusted PB Ratio too high?
Sysmex's current Cyclically Adjusted PB Ratio of 2.51 is 70% below median its 10-year median of 8.37. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 16.04. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.80. Sysmex's value of 2.51 is 39.4% above this industry median. Based on the distribution chart, Sysmex ranks #334 out of 524 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Sysmex has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sysmex's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sysmex ranks #334 out of 524 companies for Cyclically Adjusted PB Ratio. This places Sysmex in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. Sysmex's value of 2.51 is 39.4% above this benchmark. Historically, Sysmex's own Cyclically Adjusted PB Ratio has ranged from 2.32 to 16.04 over the past decade. While the company's 10-year median is 8.37 vs. the industry median of 1.80, Sysmex 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.80, based on 524 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. Sysmex's current Cyclically Adjusted PB Ratio of 2.51 is 39.4% 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 Sysmex and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sysmex's current Cyclically Adjusted PB Ratio is 2.51, which is 70% below median its own 10-year median of 8.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sysmex stock overvalued right now?
Based on GuruFocus' analysis, Sysmex (SSMXF) is currently considered Significantly Undervalued. The stock's GF Value™ is $17.89, compared to a current price of $8.85 — trading 50.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.51, which is 70% below median its 10-year median of 8.37 and 39.4% above the Medical Devices & Instruments industry median of 1.80. Sysmex's overall GF Score™ is 69/100 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 Sysmex (SSMXF), the current Cyclically Adjusted PB Ratio is 2.51 as of Jul. 12, 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 Sysmex (SSMXF) Overvalued in 2026?

Based on GuruFocus' analysis, Sysmex stock appears to be undervalued. The current stock price of $8.85 is trading 50.5% below its estimated GF Value™ of $17.89. GuruFocus considers Sysmex to be Significantly Undervalued.

Key valuation signals for SSMXF:

  • Cyclically Adjusted PB Ratio: 2.51 (70% below median its 10-year median of 8.37)
  • GF Value™: $17.89 vs. price of $8.85 (50.5% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 39.4% above the Medical Devices & Instruments median (#334 of 524)

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


Sysmex Business Description

Address 1-5-1 Wakihama Kaigan-dori, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 651-0073
Sysmex Corp manufactures and sells laboratory testing equipment and reagents. It conducts product development, manufacturing, sales, and service activities in domestic markets, while certain products are also developed, manufactured, and sold through its subsidiaries. The company operates through five reportable segments based on headquarters: Head Office Management, Americas Headquarters, EMEA Headquarters, China Headquarters, and AP Headquarters.
69GF 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.

$8.85
Price
$17.89
GF Value