TD Synnex (STU:SUX) Cyclically Adjusted PB Ratio: 2.76 (As of Sep. 15, 2026) — 82% Above Median

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STU:SUX TD Synnex Corp STU:SUX
31 GF Score
Price €224.90
GF Value €147.40
Valuation Significantly Overvalued
! 10 Warning Signs
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What is TD Synnex Cyclically Adjusted PB Ratio?

TD Synnex STU:SUX -2.72% 31 Cyclically Adjusted PB Ratio is 2.76 as of Sep. 15, 2026, which is 82% above its 10-year median of 1.52. GuruFocus rates STU:SUX with a GF Score™ of 31/100 and a GF Value™ of €147.40 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,928 Hardware companies, TD Synnex ranks worse than 63.74% on this metric.

As of today (2026-09-15), TD Synnex's current share price is €224.90. TD Synnex's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €81.45. TD Synnex's Cyclically Adjusted PB Ratio for today is 2.76.

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

STU:SUX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.52   Max: 3.12
Current: 2.96

During the past years, TD Synnex's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 0.68. And the median was 1.52.

STU:SUX's Cyclically Adjusted PB Ratio is ranked worse than
63.74% of 1928 companies
in the Hardware industry
Industry Median: 2.05 vs STU:SUX: 2.96

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.

TD Synnex's adjusted book value per share data for the three months ended in May. 2026 was €96.672. 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 €81.45 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TD Synnex  (STU:SUX) 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.


TD Synnex Cyclically Adjusted PB Ratio Related Terms


TD Synnex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TD Synnex'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.

TD Synnex Cyclically Adjusted PB Ratio Chart

TD Synnex Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.51 1.27 1.46 1.59

TD Synnex Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.43 1.67 1.70 1.68 2.74

STU:SUX vs ARW, AVT, NSIT: Cyclically Adjusted PB Ratio Comparison

For the Electronics & Computer Distribution subindustry, TD Synnex'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.


TD Synnex Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


STU:SUX
31GF Score
TD Synnex Corp STU:SUX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TD Synnex 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.

TD Synnex's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=224.90/81.452
=2.76

* 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.

TD Synnex's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, TD Synnex's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=96.672/335.1230*335.1230
=96.672

Current CPI (May. 2026) = 335.1230.

TD Synnex Quarterly Data

Book Value per Share CPI Adj_Book
201608 43.952 240.849 61.156
201611 47.181 241.353 65.512
201702 48.537 243.603 66.772
201705 47.590 244.733 65.167
201708 47.115 245.519 64.310
201711 48.277 246.669 65.589
201802 47.803 248.991 64.339
201805 50.401 251.588 67.136
201808 51.018 252.146 67.807
201811 59.846 252.038 79.574
201902 60.782 252.776 80.583
201905 62.738 256.092 82.099
201908 64.631 256.558 84.423
201911 67.696 257.208 88.203
202002 69.021 258.678 89.418
202005 67.787 256.394 88.602
202008 67.213 259.918 86.660
202011 70.937 260.229 91.353
202102 34.293 263.014 43.695
202105 36.014 269.195 44.834
202108 38.609 273.567 47.297
202111 73.493 277.948 88.611
202202 74.808 283.716 88.363
202205 78.236 292.296 89.699
202208 81.386 296.171 92.090
202211 82.352 297.711 92.701
202302 82.079 300.840 91.433
202305 83.374 304.127 91.871
202308 83.770 307.026 91.436
202311 84.584 307.051 92.317
202402 86.216 310.326 93.105
202405 86.567 314.069 92.370
202408 87.524 314.796 93.176
202411 90.870 315.493 96.524
202502 93.020 319.082 97.696
202505 89.703 321.465 93.514
202508 89.313 323.976 92.386
202511 90.904 324.122 93.989
202602 93.201 326.785 95.579
202605 96.672 335.123 96.672

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 2.76 mean?
TD Synnex (STU:SUX) has a Cyclically Adjusted PB Ratio of 2.76 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 TD Synnex and its competitors. This is 82% above median its historical median of 1.52. Over the past decade, TD Synnex's Cyclically Adjusted PB Ratio has ranged from 0.68 to 3.12. According to the industry distribution chart, TD Synnex ranks #1229 out of 1928 companies in the Hardware industry, placing it in the top 63.7%.
Is TD Synnex's Cyclically Adjusted PB Ratio too high?
TD Synnex's current Cyclically Adjusted PB Ratio of 2.76 is 82% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 3.12. The Hardware industry median Cyclically Adjusted PB Ratio is 2.05. TD Synnex's value of 2.76 is 34.6% above this industry median. Based on the distribution chart, TD Synnex ranks #1229 out of 1928 companies in the Hardware industry, which is below the industry midpoint. Overall, TD Synnex has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TD Synnex's Cyclically Adjusted PB Ratio compare to ARW and AVT?
According to the Hardware industry distribution chart, TD Synnex ranks #1229 out of 1928 companies for Cyclically Adjusted PB Ratio. This places TD Synnex in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.05. TD Synnex's value of 2.76 is 34.6% above this benchmark. Historically, TD Synnex's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 3.12 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 2.05, TD Synnex 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 2.05, based on 1,928 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. TD Synnex's current Cyclically Adjusted PB Ratio of 2.76 is 34.6% 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 TD Synnex and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TD Synnex's current Cyclically Adjusted PB Ratio is 2.76, which is 82% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TD Synnex stock overvalued right now?
Based on GuruFocus' analysis, TD Synnex (STU:SUX) is currently considered Significantly Overvalued. The stock's GF Value™ is €147.40, compared to a current price of €224.90 — trading 52.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.76, which is 82% above median its 10-year median of 1.52 and 34.6% above the Hardware industry median of 2.05. TD Synnex's overall GF Score™ is 31/100 with 10 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 TD Synnex (STU:SUX), the current Cyclically Adjusted PB Ratio is 2.76 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 TD Synnex (STU:SUX) Overvalued in 2026?

Based on GuruFocus' analysis, TD Synnex stock appears to be overvalued. The current stock price of €224.90 is trading 52.6% above its estimated GF Value™ of €147.40. GuruFocus considers TD Synnex to be Significantly Overvalued.

Key valuation signals for STU:SUX:

  • Cyclically Adjusted PB Ratio: 2.76 (82% above median its 10-year median of 1.52)
  • GF Value™: €147.40 vs. price of €224.90 (52.6% above fair value)
  • GF Score™: 31/100 with 10 warning signs
  • Industry Position: 34.6% above the Hardware median (#1229 of 1928)

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


TD Synnex Business Description

Other Exchanges SNX:USASUX:Germany
Address 44201 Nobel Drive, Fremont, CA, USA, 94538
TD Synnex Corp is a distributor and solutions aggregator for the IT ecosystem. The company aggregates and distributes IT hardware, software, and systems including personal computing devices and peripherals, mobile phones and accessories, printers, server and data center infrastructure, hybrid cloud, security, networking, communications and storage solutions, and system components. Its geographical segments include the Americas, Europe, and APJ.
31GF Score

Get the complete analysis for STU:SUX

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

€224.90
Price
€147.40
GF Value