Accuray (STU:XEJ) Cyclically Adjusted PB Ratio: 0.41 (As of Aug. 29, 2026) — 82% Below Median

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STU:XEJ Accuray Inc STU:XEJ
43 GF Score
Price €0.23
GF Value €1.05
Valuation Possible Value Trap
! 5 Warning Signs
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What is Accuray Cyclically Adjusted PB Ratio?

Accuray STU:XEJ +5.00% 43 Cyclically Adjusted PB Ratio is 0.41 as of Aug. 29, 2026, which is 82% below its 10-year median of 2.30. GuruFocus rates STU:XEJ with a GF Score™ of 43/100 and a GF Value™ of €1.05 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 514 Medical Devices & Instruments companies, Accuray ranks better than 86.19% on this metric.

As of today (2026-08-29), Accuray's current share price is €0.231. Accuray's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.57. Accuray's Cyclically Adjusted PB Ratio for today is 0.41.

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

STU:XEJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 2.3   Max: 4.96
Current: 0.4

During the past years, Accuray's highest Cyclically Adjusted PB Ratio was 4.96. The lowest was 0.35. And the median was 2.30.

STU:XEJ's Cyclically Adjusted PB Ratio is ranked better than
86.19% of 514 companies
in the Medical Devices & Instruments industry
Industry Median: 1.86 vs STU:XEJ: 0.40

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.

Accuray's adjusted book value per share data for the three months ended in Jun. 2026 was €0.303. 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 €0.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accuray  (STU:XEJ) 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.


Accuray Cyclically Adjusted PB Ratio Related Terms


Accuray Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Accuray'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.

Accuray Cyclically Adjusted PB Ratio Chart

Accuray Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 4.43 2.34 1.91 0.38

Accuray 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 1.91 2.35 1.19 0.56 0.38

STU:XEJ vs RDGL, FOFA, PETV: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Accuray'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.


Accuray Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Accuray's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:XEJ
43GF Score
Accuray Inc STU:XEJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Accuray 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.

Accuray's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.231/0.57
=0.41

* 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.

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

For example, Accuray'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)
=0.303/333.9520*333.9520
=0.303

Current CPI (Jun. 2026) = 333.9520.

Accuray Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.582 241.428 0.805
201612 0.534 241.432 0.739
201703 0.512 243.801 0.701
201706 0.495 244.955 0.675
201709 0.487 246.819 0.659
201712 0.487 246.524 0.660
201803 0.424 249.554 0.567
201806 0.483 251.989 0.640
201809 0.467 252.439 0.618
201812 0.462 251.233 0.614
201903 0.479 254.202 0.629
201906 0.499 256.143 0.651
201909 0.420 256.759 0.546
201912 0.558 256.974 0.725
202003 0.599 258.115 0.775
202006 0.620 257.797 0.803
202009 0.627 260.280 0.804
202012 0.688 260.474 0.882
202103 0.707 264.877 0.891
202106 0.629 271.696 0.773
202109 0.428 274.310 0.521
202112 0.487 278.802 0.583
202203 0.505 287.504 0.587
202206 0.538 296.311 0.606
202209 0.506 296.808 0.569
202212 0.512 296.797 0.576
202303 0.535 301.836 0.592
202306 0.513 305.109 0.561
202309 0.494 307.789 0.536
202312 0.441 306.746 0.480
202403 0.381 312.332 0.407
202406 0.418 314.175 0.444
202409 0.406 315.301 0.430
202412 0.445 315.605 0.471
202503 0.446 319.799 0.466
202506 0.625 322.561 0.647
202509 0.465 324.800 0.478
202512 0.384 324.054 0.396
202603 0.303 330.213 0.306
202606 0.303 333.952 0.303

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 0.41 mean?
Accuray (STU:XEJ) has a Cyclically Adjusted PB Ratio of 0.41 as of Aug. 29, 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 Accuray and its competitors. This is 82% below median its historical median of 2.30. Over the past decade, Accuray's Cyclically Adjusted PB Ratio has ranged from 0.35 to 4.96. According to the industry distribution chart, Accuray ranks #71 out of 514 companies in the Medical Devices & Instruments industry, placing it in the top 13.8%.
Is Accuray's Cyclically Adjusted PB Ratio too high?
Accuray's current Cyclically Adjusted PB Ratio of 0.41 is 82% below median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 4.96. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.86. Accuray's value of 0.41 is 78% below this industry median. Based on the distribution chart, Accuray ranks #71 out of 514 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Accuray has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accuray's Cyclically Adjusted PB Ratio compare to RDGL and FOFA?
According to the Medical Devices & Instruments industry distribution chart, Accuray ranks #71 out of 514 companies for Cyclically Adjusted PB Ratio. This places Accuray in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.86. Accuray's value of 0.41 is 78% below this benchmark. Historically, Accuray's own Cyclically Adjusted PB Ratio has ranged from 0.35 to 4.96 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 1.86, Accuray 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 a Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.86, based on 514 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. Accuray's current Cyclically Adjusted PB Ratio of 0.41 is 78% 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 Accuray and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accuray's current Cyclically Adjusted PB Ratio is 0.41, which is 82% below median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accuray stock overvalued right now?
Based on GuruFocus' analysis, Accuray (STU:XEJ) is currently considered Possible Value Trap. The stock's GF Value™ is €1.05, compared to a current price of €0.23 — trading 78% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is 82% below median its 10-year median of 2.30 and 78% below the Medical Devices & Instruments industry median of 1.86. Accuray's overall GF Score™ is 43/100 with 5 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 Accuray (STU:XEJ), the current Cyclically Adjusted PB Ratio is 0.41 as of Aug. 29, 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 Accuray (STU:XEJ) Overvalued in 2026?

Based on GuruFocus' analysis, Accuray stock appears to be undervalued. The current stock price of €0.23 is trading 78% below its estimated GF Value™ of €1.05. GuruFocus considers Accuray to be Possible Value Trap.

Key valuation signals for STU:XEJ:

  • Cyclically Adjusted PB Ratio: 0.41 (82% below median its 10-year median of 2.30)
  • GF Value™: €1.05 vs. price of €0.23 (78% below fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 78% below the Medical Devices & Instruments median (#71 of 514)

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


Accuray Business Description

Other Exchanges ARAY:USA0H8I:UKXEJ:Germany
Address 1240 Deming Way, Madison, WI, USA, 53717
Accuray Inc is a radiation oncology company that develops, manufactures, sells and supports precise, treatment solutions which set the standard of radiation therapy care with the objective of helping patients live lives. The company's technology, The CyberKnife, is used to treat multiple types of cancer and tumors throughout the body. The CyberKnife Systems automatically track, detect and correct for a tumor and patient movement in real-time during the procedure, enabling delivery of precise, high dose radiation with sub-millimetre accuracy while patients breathe normally, without manual user intervention.
43GF Score

Get the complete analysis for STU:XEJ

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

€0.23
Price
€1.05
GF Value