Microvision (STU:X32) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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STU:X32 Microvision Inc STU:X32
48 GF Score
Price €3.40
GF Value €7.57
Valuation Possible Value Trap
! 6 Warning Signs
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What is Microvision Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Microvision  (STU:X32) 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.


Microvision Cyclically Adjusted PB Ratio Related Terms


Microvision Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Microvision'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.

Microvision Cyclically Adjusted PB Ratio Chart

Microvision 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 36.55 13.28 11.47 6.72 2.95

Microvision 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 3.88 4.20 2.90 2.12 1.13

STU:X32 vs ACFN, ODYS, GNSS: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Microvision'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.


Microvision Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


STU:X32
48GF Score
Microvision Inc STU:X32
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Microvision 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.

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

For example, Microvision'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)
=0.772/333.9520*333.9520
=0.772

Current CPI (Jun. 2026) = 333.9520.

Microvision Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.321 241.428 -0.444
201612 1.561 241.432 2.159
201703 0.443 243.801 0.607
201706 0.703 244.955 0.958
201709 2.014 246.819 2.725
201712 1.603 246.524 2.171
201803 0.510 249.554 0.682
201806 1.603 251.989 2.124
201809 1.672 252.439 2.212
201812 0.540 251.233 0.718
201903 -0.318 254.202 -0.418
201906 -0.565 256.143 -0.737
201909 -0.573 256.759 -0.745
201912 -0.422 256.974 -0.548
202003 -0.760 258.115 -0.983
202006 -0.235 257.797 -0.304
202009 -0.373 260.280 -0.479
202012 1.214 260.474 1.556
202103 5.491 264.877 6.923
202106 9.944 271.696 12.223
202109 9.649 274.310 11.747
202112 9.049 278.802 10.839
202203 8.460 287.504 9.827
202206 8.161 296.311 9.198
202209 7.903 296.808 8.892
202212 7.397 296.797 8.323
202303 6.788 301.836 7.510
202306 8.312 305.109 9.098
202309 7.357 307.789 7.982
202312 6.680 306.746 7.272
202403 6.328 312.332 6.766
202406 5.197 314.175 5.524
202409 4.147 315.301 4.392
202412 3.140 315.605 3.323
202503 3.010 319.799 3.143
202506 3.544 322.561 3.669
202509 3.830 324.800 3.938
202512 2.315 324.054 2.386
202603 1.598 330.213 1.616
202606 0.772 333.952 0.772

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 Microvision (STU:X32) Overvalued in 2026?

Based on GuruFocus' analysis, Microvision stock appears to be undervalued. The current stock price of €3.40 is trading 55.1% below its estimated GF Value™ of €7.57. GuruFocus considers Microvision to be Possible Value Trap.

Key valuation signals for STU:X32:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €7.57 vs. price of €3.40 (55.1% below fair value)
  • GF Score™: 48/100 with 6 warning signs

No single metric tells the full story. See the STU:X32 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microvision Business Description

Other Exchanges MVIS:USA0K17:UK
Address 18390 NE 68th Street, Redmond, WA, USA, 98052
Microvision Inc is engaged in developing a lidar sensor to be used in automotive safety and autonomous driving applications. Its lidar sensor uses laser beam scanning (LBS) technology, which is based on systems that include micro-electrical mechanical systems (MEMS), laser diodes, opto-mechanics, electronics, algorithms, and software. The company has also developed solutions for Augmented Reality, Interactive Displays, and Consumer Lidars. Geographically, the company operates in United States, Germany, and Other foreign countries.
48GF Score

Get the complete analysis for STU:X32

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

€3.40
Price
€7.57
GF Value