Track Group (STU:G7F2) Cyclically Adjusted PB Ratio: (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.

STU:G7F2 Track Group Inc STU:G7F2
32 GF Score
Price €0.52
GF Value €0.17
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Track Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Track Group  (STU:G7F2) 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.


Track Group Cyclically Adjusted PB Ratio Related Terms


Track Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Track Group'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.

Track Group Cyclically Adjusted PB Ratio Chart

Track Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 0.47 0.70 0.55 87.97

Track Group 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 1.25 3.46 87.97 0.00 0.00

STU:G7F2 vs ELSE, AATC, ARAI: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Track Group'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.


Track Group Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


STU:G7F2
32GF Score
Track Group Inc STU:G7F2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Track Group 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.

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

For example, Track Group'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)
=-0.891/330.2130*330.2130
=-0.891

Current CPI (Mar. 2026) = 330.2130.

Track Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.877 241.018 1.202
201609 0.749 241.428 1.024
201612 0.524 241.432 0.717
201703 0.419 243.801 0.568
201706 0.612 244.955 0.825
201709 0.478 246.819 0.640
201712 0.435 246.524 0.583
201803 0.306 249.554 0.405
201806 0.166 251.989 0.218
201809 0.123 252.439 0.161
201812 -0.001 251.233 -0.001
201903 -0.039 254.202 -0.051
201906 -0.042 256.143 -0.054
201909 -0.072 256.759 -0.093
201912 -0.093 256.974 -0.120
202003 -0.219 258.115 -0.280
202006 -0.182 257.797 -0.233
202009 -0.069 260.280 -0.088
202012 0.052 260.474 0.066
202103 0.194 264.877 0.242
202106 0.280 271.696 0.340
202109 0.175 274.310 0.211
202112 0.157 278.802 0.186
202203 0.198 287.504 0.227
202206 -0.123 296.311 -0.137
202209 -0.430 296.808 -0.478
202212 -0.382 296.797 -0.425
202303 -0.484 301.836 -0.530
202306 -0.562 305.109 -0.608
202309 -0.671 307.789 -0.720
202312 -0.664 306.746 -0.715
202403 -0.817 312.332 -0.864
202406 -0.882 314.175 -0.927
202409 -0.882 315.301 -0.924
202412 -0.922 315.605 -0.965
202503 -0.940 319.799 -0.971
202506 -0.815 322.561 -0.834
202509 -0.829 324.800 -0.843
202512 -0.854 324.054 -0.870
202603 -0.891 330.213 -0.891

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 Track Group (STU:G7F2) Overvalued in 2026?

Based on GuruFocus' analysis, Track Group stock appears to be overvalued. The current stock price of €0.52 is trading 205.9% above its estimated GF Value™ of €0.17. GuruFocus considers Track Group to be Significantly Overvalued.

Key valuation signals for STU:G7F2:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €0.17 vs. price of €0.52 (205.9% above fair value)
  • GF Score™: 32/100 with 5 warning signs

No single metric tells the full story. See the STU:G7F2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Track Group Business Description

Other Exchanges TRCK:USA
Address 200 E. 5th Avenue, Suite 100, Naperville, IL, USA, 60563
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include a full-range of one-piece GPS tracking devices, a device-agnostic operating system, a portfolio of software applications including smartphone, alcohol and predictive analytics, and a variety of accessory, service and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
32GF Score

Get the complete analysis for STU:G7F2

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

€0.52
Price
€0.17
GF Value