SSTI (SoundThinking) Cyclically Adjusted PB Ratio: 2.45 (As of Jul. 17, 2026) — 10% Above Median

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SSTI SoundThinking Inc SSTI
69 GF Score
Price $8.59
GF Value $14.20
Valuation Possible Value Trap
! 4 Warning Signs
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What is SoundThinking Cyclically Adjusted PB Ratio?

SoundThinking SSTI +2.57% 69 Cyclically Adjusted PB Ratio is 2.45 as of Jul. 17, 2026, which is 10% above its 10-year median of 2.23. GuruFocus rates SSTI with a GF Score™ of 69/100 and a GF Value™ of $14.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,597 Software companies, SoundThinking ranks worse than 50.47% on this metric.

As of today (2026-07-17), SoundThinking's current share price is $8.585. SoundThinking's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.51. SoundThinking's Cyclically Adjusted PB Ratio for today is 2.45.

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

SSTI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.77   Med: 2.23   Max: 3.93
Current: 2.38

During the past years, SoundThinking's highest Cyclically Adjusted PB Ratio was 3.93. The lowest was 1.77. And the median was 2.23.

SSTI's Cyclically Adjusted PB Ratio is ranked worse than
50.47% of 1597 companies
in the Software industry
Industry Median: 2.3 vs SSTI: 2.38

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.

SoundThinking's adjusted book value per share data for the three months ended in Mar. 2026 was $5.219. 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 $3.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SoundThinking  (NAS:SSTI) 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.


SoundThinking Cyclically Adjusted PB Ratio Related Terms


SoundThinking Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SoundThinking'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.

SoundThinking Cyclically Adjusted PB Ratio Chart

SoundThinking 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 0.00 0.00 0.00 0.00 2.36

SoundThinking 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 0.00 0.00 3.95 2.36 1.88

SSTI vs RYDE, NRDY, SCOR: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, SoundThinking'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.


SoundThinking Cyclically Adjusted PB Ratio vs Software Industry

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

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


SSTI
69GF Score
SoundThinking Inc SSTI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SoundThinking 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.585/3.51
=2.45

* 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.

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

For example, SoundThinking'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)
=5.219/330.2130*330.2130
=5.219

Current CPI (Mar. 2026) = 330.2130.

SoundThinking Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 -6.277 241.432 -8.585
201703 -6.447 243.801 -8.732
201706 1.603 244.955 2.161
201709 1.451 246.819 1.941
201712 1.238 246.524 1.658
201803 1.430 249.554 1.892
201806 1.527 251.989 2.001
201809 1.460 252.439 1.910
201812 1.578 251.233 2.074
201903 2.500 254.202 3.248
201906 2.653 256.143 3.420
201909 2.464 256.759 3.169
201912 2.409 256.974 3.096
202003 2.455 258.115 3.141
202006 2.533 257.797 3.245
202009 2.686 260.280 3.408
202012 2.973 260.474 3.769
202103 2.907 264.877 3.624
202106 3.030 271.696 3.683
202109 3.021 274.310 3.637
202112 2.889 278.802 3.422
202203 4.017 287.504 4.614
202206 4.349 296.311 4.847
202209 4.857 296.808 5.404
202212 4.978 296.797 5.538
202303 4.919 301.836 5.381
202306 4.748 305.109 5.139
202309 5.354 307.789 5.744
202312 5.858 306.746 6.306
202403 5.844 312.332 6.179
202406 5.915 314.175 6.217
202409 5.839 315.301 6.115
202412 5.730 315.605 5.995
202503 5.830 319.799 6.020
202506 5.827 322.561 5.965
202509 5.792 324.800 5.889
202512 5.627 324.054 5.734
202603 5.219 330.213 5.219

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 2.45 mean?
SoundThinking (SSTI) has a Cyclically Adjusted PB Ratio of 2.45 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 SoundThinking and its competitors. This is 10% above median its historical median of 2.23. Over the past decade, SoundThinking's Cyclically Adjusted PB Ratio has ranged from 1.77 to 3.93. According to the industry distribution chart, SoundThinking ranks #806 out of 1597 companies in the Software industry, placing it in the top 50.5%.
Is SoundThinking's Cyclically Adjusted PB Ratio too high?
SoundThinking's current Cyclically Adjusted PB Ratio of 2.45 is 10% above median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 3.93. The Software industry median Cyclically Adjusted PB Ratio is 2.30. SoundThinking's value of 2.45 is 6.5% above this industry median. Based on the distribution chart, SoundThinking ranks #806 out of 1597 companies in the Software industry, which is below the industry midpoint. Overall, SoundThinking has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SoundThinking's Cyclically Adjusted PB Ratio compare to RYDE and NRDY?
According to the Software industry distribution chart, SoundThinking ranks #806 out of 1597 companies for Cyclically Adjusted PB Ratio. This places SoundThinking in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.30. SoundThinking's value of 2.45 is 6.5% above this benchmark. Historically, SoundThinking's own Cyclically Adjusted PB Ratio has ranged from 1.77 to 3.93 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 2.30, SoundThinking 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.30, based on 1,597 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. SoundThinking's current Cyclically Adjusted PB Ratio of 2.45 is 6.5% 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 SoundThinking and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SoundThinking's current Cyclically Adjusted PB Ratio is 2.45, which is 10% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SoundThinking stock overvalued right now?
Based on GuruFocus' analysis, SoundThinking (SSTI) is currently considered Possible Value Trap. The stock's GF Value™ is $14.20, compared to a current price of $8.59 — trading 39.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.45, which is 10% above median its 10-year median of 2.23 and 6.5% above the Software industry median of 2.30. SoundThinking's overall GF Score™ is 69/100 with 4 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 SoundThinking (SSTI), the current Cyclically Adjusted PB Ratio is 2.45 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 SoundThinking (SSTI) Overvalued in 2026?

Based on GuruFocus' analysis, SoundThinking stock appears to be undervalued. The current stock price of $8.59 is trading 39.5% below its estimated GF Value™ of $14.20. GuruFocus considers SoundThinking to be Possible Value Trap.

Key valuation signals for SSTI:

  • Cyclically Adjusted PB Ratio: 2.45 (10% above median its 10-year median of 2.23)
  • GF Value™: $14.20 vs. price of $8.59 (39.5% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 6.5% above the Software median (#806 of 1597)

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


SoundThinking Business Description

Address 39300 Civic Center Drive, Suite 300, Fremont, CA, USA, 94538
SoundThinking Inc is a public safety technology company that combines transformative solutions and strategic advisory services for law enforcement and civic leadership. Its flagship SafetySmart platform includes: ShotSpotter, the acoustic gunshot detection system; CrimeTracer, the foremost law enforcement search engine; CaseBuilder, a one-stop investigation management system; ResourceRouter, software that directs patrol and community anti-violence resources to help maximize their impact; PlateRangerTM powered by Rekor, an automatic license plate recognition ("ALPR") and vehicle identification solution; SafePointe, an AI-based weapons detection system.
69GF Score

Get the complete analysis for SSTI

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

$8.59
Price
$14.20
GF Value