Ocean Power Technologies (STU:RUO) Cyclically Adjusted PB Ratio: 0.02 (As of Sep. 15, 2026) — 94% Below Median

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STU:RUO Ocean Power Technologies Inc STU:RUO
57 GF Score
Price €2.72
GF Value €3.13
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Ocean Power Technologies Cyclically Adjusted PB Ratio?

Ocean Power Technologies STU:RUO 57 Cyclically Adjusted PB Ratio is 0.02 as of Sep. 15, 2026, which is 94% below its 10-year median of 0.33. GuruFocus rates STU:RUO with a GF Score™ of 57/100 and a GF Value™ of €3.13 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,099 Industrial Products companies, Ocean Power Technologies ranks better than 99.76% on this metric.

As of today (2026-09-15), Ocean Power Technologies's current share price is €2.721. Ocean Power Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €159.69. Ocean Power Technologies's Cyclically Adjusted PB Ratio for today is 0.02.

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

STU:RUO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.33   Max: 4.56
Current: 0.02

During the past years, Ocean Power Technologies's highest Cyclically Adjusted PB Ratio was 4.56. The lowest was 0.02. And the median was 0.33.

STU:RUO's Cyclically Adjusted PB Ratio is ranked better than
99.76% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs STU:RUO: 0.02

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.

Ocean Power Technologies's adjusted book value per share data for the three months ended in Apr. 2026 was €1.401. 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 €159.69 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ocean Power Technologies  (STU:RUO) 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.


Ocean Power Technologies Cyclically Adjusted PB Ratio Related Terms


Ocean Power Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ocean Power Technologies'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.

Ocean Power Technologies Cyclically Adjusted PB Ratio Chart

Ocean Power Technologies Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.00 0.02 0.06

Ocean Power Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.02 0.04 0.05 0.07 0.06

STU:RUO vs HYOR, CVV, AUSI: Cyclically Adjusted PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Ocean Power Technologies'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.


Ocean Power Technologies Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ocean Power Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:RUO
57GF Score
Ocean Power Technologies Inc STU:RUO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Power Technologies 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.

Ocean Power Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.721/159.69
=0.02

* 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.

Ocean Power Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Ocean Power Technologies's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=1.401/333.0200*333.0200
=1.401

Current CPI (Apr. 2026) = 333.0200.

Ocean Power Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201607 502.667 240.628 695.672
201610 794.455 241.729 1,094.488
201701 732.400 242.839 1,004.385
201704 508.200 244.524 692.123
201707 416.429 244.786 566.532
201710 425.500 246.663 574.468
201801 355.065 247.867 477.045
201804 269.097 250.546 357.678
201807 195.484 252.006 258.328
201810 97.844 252.885 128.849
201901 37.324 251.712 49.380
201904 77.569 255.548 101.085
201907 59.599 256.571 77.357
201910 44.981 257.346 58.208
202001 30.366 257.971 39.200
202004 22.399 256.389 29.094
202007 14.174 259.101 18.218
202010 14.414 260.388 18.435
202101 38.079 261.582 48.478
202104 38.463 267.054 47.964
202107 37.615 273.003 45.884
202110 35.866 276.589 43.184
202201 34.915 281.148 41.357
202204 34.213 289.109 39.409
202207 33.406 296.276 37.549
202210 32.018 298.012 35.779
202301 26.217 299.170 29.183
202304 21.379 303.363 23.469
202307 17.804 305.691 19.396
202310 15.292 307.671 16.552
202401 11.700 308.417 12.633
202404 8.829 313.548 9.377
202407 6.456 314.540 6.835
202410 4.889 315.664 5.158
202501 4.928 317.671 5.166
202504 4.155 320.795 4.313
202507 3.504 323.048 3.612
202510 3.040 0.000
202601 2.373 325.252 2.430
202604 1.401 333.020 1.401

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 0.02 mean?
Ocean Power Technologies (STU:RUO) has a Cyclically Adjusted PB Ratio of 0.02 as of Sep. 15, 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 Ocean Power Technologies and its competitors. This is 94% below median its historical median of 0.33. Over the past decade, Ocean Power Technologies' Cyclically Adjusted PB Ratio has ranged from 0.02 to 4.56. According to the industry distribution chart, Ocean Power Technologies ranks #5 out of 2099 companies in the Industrial Products industry, placing it in the top 0.2%.
Is Ocean Power Technologies' Cyclically Adjusted PB Ratio too high?
Ocean Power Technologies' current Cyclically Adjusted PB Ratio of 0.02 is 94% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 4.56. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Ocean Power Technologies' value of 0.02 is 99% below this industry median. Based on the distribution chart, Ocean Power Technologies ranks #5 out of 2099 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ocean Power Technologies has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Power Technologies' Cyclically Adjusted PB Ratio compare to HYOR and CVV?
According to the Industrial Products industry distribution chart, Ocean Power Technologies ranks #5 out of 2099 companies for Cyclically Adjusted PB Ratio. This places Ocean Power Technologies in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.08. Ocean Power Technologies' value of 0.02 is 99% below this benchmark. Historically, Ocean Power Technologies' own Cyclically Adjusted PB Ratio has ranged from 0.02 to 4.56 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 2.08, Ocean Power Technologies has consistently been below 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,099 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. Ocean Power Technologies's current Cyclically Adjusted PB Ratio of 0.02 is 99% below 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 Ocean Power Technologies and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Power Technologies's current Cyclically Adjusted PB Ratio is 0.02, which is 94% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Power Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ocean Power Technologies (STU:RUO) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.13, compared to a current price of €2.72 — trading 13.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.02, which is 94% below median its 10-year median of 0.33 and 99% below the Industrial Products industry median of 2.08. Ocean Power Technologies' overall GF Score™ is 57/100 with 8 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 Ocean Power Technologies (STU:RUO), the current Cyclically Adjusted PB Ratio is 0.02 as of Sep. 15, 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 Ocean Power Technologies (STU:RUO) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Power Technologies stock appears to be undervalued. The current stock price of €2.72 is trading 13.1% below its estimated GF Value™ of €3.13. GuruFocus considers Ocean Power Technologies to be Modestly Undervalued.

Key valuation signals for STU:RUO:

  • Cyclically Adjusted PB Ratio: 0.02 (94% below median its 10-year median of 0.33)
  • GF Value™: €3.13 vs. price of €2.72 (13.1% below fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 99% below the Industrial Products median (#5 of 2099)

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


Ocean Power Technologies Business Description

Other Exchanges OPTT:USA
Address 28 Engelhard Drive, Suite B, Monroe Township, NJ, USA, 08831
Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.
57GF Score

Get the complete analysis for STU:RUO

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

€2.72
Price
€3.13
GF Value