PC Connection (STU:PCC) Cyclically Adjusted PB Ratio: 2.72 (As of Aug. 08, 2026) — 14% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:PCC PC Connection Inc STU:PCC
74 GF Score
Price €72.50
GF Value €61.62
! 7 Warning Signs
View Full Analysis

What is PC Connection Cyclically Adjusted PB Ratio?

PC Connection STU:PCC -3.33% 74 Cyclically Adjusted PB Ratio is 2.72 as of Aug. 08, 2026, which is 14% above its 10-year median of 2.38. GuruFocus rates STU:PCC with a GF Score™ of 74/100 and a GF Value™ of €61.62. The stock has 7 warning signs investors should review. Among 1,968 Hardware companies, PC Connection ranks worse than 62.75% on this metric.

As of today (2026-08-08), PC Connection's current share price is €72.50. PC Connection's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €26.68. PC Connection's Cyclically Adjusted PB Ratio for today is 2.72.

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

STU:PCC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.69   Med: 2.38   Max: 3.48
Current: 2.74

During the past years, PC Connection's highest Cyclically Adjusted PB Ratio was 3.48. The lowest was 1.69. And the median was 2.38.

STU:PCC's Cyclically Adjusted PB Ratio is ranked worse than
62.75% of 1968 companies
in the Hardware industry
Industry Median: 2 vs STU:PCC: 2.74

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.

PC Connection's adjusted book value per share data for the three months ended in Jun. 2026 was €32.764. 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 €26.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PC Connection  (STU:PCC) 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.


PC Connection Cyclically Adjusted PB Ratio Related Terms


PC Connection Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PC Connection'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.

PC Connection Cyclically Adjusted PB Ratio Chart

PC Connection 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 2.22 2.12 2.76 2.59 1.99

PC Connection 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 2.34 2.16 1.99 1.95 2.38

STU:PCC vs SCSC, NLST, NSIT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, PC Connection'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.


PC Connection Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


STU:PCC
74GF Score
PC Connection Inc STU:PCC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PC Connection 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.

PC Connection's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.50/26.68
=2.72

* 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.

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

For example, PC Connection'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)
=32.764/333.9520*333.9520
=32.764

Current CPI (Jun. 2026) = 333.9520.

PC Connection Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.384 241.428 19.896
201612 15.442 241.432 21.360
201703 15.475 243.801 21.197
201706 15.189 244.955 20.707
201709 14.702 246.819 19.892
201712 15.175 246.524 20.557
201803 14.922 249.554 19.969
201806 16.338 251.989 21.652
201809 16.776 252.439 22.193
201812 17.513 251.233 23.279
201903 18.052 254.202 23.715
201906 18.837 256.143 24.559
201909 20.120 256.759 26.169
201912 20.406 256.974 26.519
202003 20.893 258.115 27.032
202006 20.780 257.797 26.919
202009 20.404 260.280 26.179
202012 19.987 260.474 25.625
202103 20.779 264.877 26.198
202106 21.095 271.696 25.929
202109 22.257 274.310 27.096
202112 23.007 278.802 27.558
202203 24.393 287.504 28.334
202206 26.358 296.311 29.706
202209 29.050 296.808 32.685
202212 27.449 296.797 30.885
202303 27.595 301.836 30.531
202306 27.916 305.109 30.555
202309 29.216 307.789 31.699
202312 29.248 306.746 31.842
202403 29.753 312.332 31.813
202406 30.868 314.175 32.811
202409 30.755 315.301 32.574
202412 33.080 315.605 35.003
202503 31.653 319.799 33.054
202506 30.207 322.561 31.274
202509 30.369 324.800 31.225
202512 30.818 324.054 31.759
202603 31.612 330.213 31.970
202606 32.764 333.952 32.764

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 2.72 mean?
PC Connection (STU:PCC) has a Cyclically Adjusted PB Ratio of 2.72 as of Aug. 08, 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 PC Connection and its competitors. This is 14% above median its historical median of 2.38. Over the past decade, PC Connection's Cyclically Adjusted PB Ratio has ranged from 1.69 to 3.48. According to the industry distribution chart, PC Connection ranks #1235 out of 1968 companies in the Hardware industry, placing it in the top 62.8%.
Is PC Connection's Cyclically Adjusted PB Ratio too high?
PC Connection's current Cyclically Adjusted PB Ratio of 2.72 is 14% above median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 3.48. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. PC Connection's value of 2.72 is 36% above this industry median. Based on the distribution chart, PC Connection ranks #1235 out of 1968 companies in the Hardware industry, which is below the industry midpoint. Overall, PC Connection has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does PC Connection's Cyclically Adjusted PB Ratio compare to SCSC and NLST?
According to the Hardware industry distribution chart, PC Connection ranks #1235 out of 1968 companies for Cyclically Adjusted PB Ratio. This places PC Connection in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. PC Connection's value of 2.72 is 36% above this benchmark. Historically, PC Connection's own Cyclically Adjusted PB Ratio has ranged from 1.69 to 3.48 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 2.00, PC Connection 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.00, based on 1,968 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. PC Connection's current Cyclically Adjusted PB Ratio of 2.72 is 36% 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 PC Connection and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PC Connection's current Cyclically Adjusted PB Ratio is 2.72, which is 14% above median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PC Connection stock overvalued right now?
PC Connection (STU:PCC) has a current Cyclically Adjusted PB Ratio of 2.72. The stock's GF Value™ is €61.62, compared to a current price of €72.50 — trading 17.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.72, which is 14% above median its 10-year median of 2.38 and 36% above the Hardware industry median of 2.00. PC Connection's overall GF Score™ is 74/100 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 PC Connection (STU:PCC), the current Cyclically Adjusted PB Ratio is 2.72 as of Aug. 08, 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 PC Connection (STU:PCC) Overvalued in 2026?

Based on GuruFocus' analysis, PC Connection stock appears to be overvalued. The current stock price of €72.50 is trading 17.7% above its estimated GF Value™ of €61.62.

Key valuation signals for STU:PCC:

  • Cyclically Adjusted PB Ratio: 2.72 (14% above median its 10-year median of 2.38)
  • GF Value™: €61.62 vs. price of €72.50 (17.7% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 36% above the Hardware median (#1235 of 1968)

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


PC Connection Business Description

Other Exchanges CNXN:USA
Address 730 Milford Road, Merrimack, NH, USA, 03054-4631
PC Connection Inc is a provider of information technology solutions. It provides products such as computer systems, software and peripheral equipment, networking communications, and other products and accessories that company purchase from manufacturers and distributors. The company also offers services involving design, configuration, and implementation of IT solutions. It conducts business operations through three business segments namely Connection Business Solutions, Connection Enterprise Solutions, and Connection Public Sector Solutions. The company generates maximum revenue Connection Enterprise Solutions segment.
74GF Score

Get the complete analysis for STU:PCC

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

€72.50
Price
€61.62
GF Value