TKOI (Telkonet) Cyclically Adjusted PB Ratio: 0.86 (As of Aug. 13, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

TKOI Telkonet Inc TKOI
12 GF Score
Price $0.03
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What is Telkonet Cyclically Adjusted PB Ratio?

Telkonet TKOI -1.15% 12 Cyclically Adjusted PB Ratio is 0.86 as of Aug. 13, 2026. GuruFocus rates TKOI with a GF Score™ of 12/100.

As of today (2026-08-13), Telkonet's current share price is $0.0259. Telkonet's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was $0.03. Telkonet's Cyclically Adjusted PB Ratio for today is 0.86.

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

TKOI's Cyclically Adjusted PB Ratio is not ranked *
in the Hardware industry.
Industry Median: 2.085
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Telkonet's adjusted book value per share data for the three months ended in Dec. 2022 was $0.010. 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 $0.03 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telkonet  (OTCPK:TKOI) 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.


Telkonet Cyclically Adjusted PB Ratio Related Terms


Telkonet Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Telkonet'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.

Telkonet Cyclically Adjusted PB Ratio Chart

Telkonet Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 1.20 0.61 0.50 1.00

Telkonet Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.50 1.07 0.95 0.74 1.00

TKOI vs GIGA, DSGT, FLXT: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Telkonet'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.


Telkonet Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


TKOI
12GF Score
Telkonet Inc TKOI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Telkonet 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0259/0.03
=0.86

* 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.

Telkonet's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Telkonet's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.01/296.7970*296.7970
=0.010

Current CPI (Dec. 2022) = 296.7970.

Telkonet Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.053 232.773 0.068
201306 0.047 233.504 0.060
201309 0.054 234.149 0.068
201312 0.034 233.049 0.043
201403 0.017 236.293 0.021
201406 0.019 238.343 0.024
201409 0.021 238.031 0.026
201412 0.033 234.812 0.042
201503 0.027 236.119 0.034
201506 0.031 238.638 0.039
201509 0.035 237.945 0.044
201512 0.033 236.525 0.041
201603 0.034 238.132 0.042
201606 0.033 241.018 0.041
201609 0.030 241.428 0.037
201612 0.027 241.432 0.033
201703 0.072 243.801 0.088
201706 0.066 244.955 0.080
201709 0.062 246.819 0.075
201712 0.059 246.524 0.071
201803 0.047 249.554 0.056
201806 0.045 251.989 0.053
201809 0.036 252.439 0.042
201812 0.034 251.233 0.040
201903 0.028 254.202 0.033
201906 0.024 256.143 0.028
201909 0.019 256.759 0.022
201912 0.020 256.974 0.023
202003 0.015 258.115 0.017
202006 0.008 257.797 0.009
202009 0.004 260.280 0.005
202012 -0.003 260.474 -0.003
202103 -0.002 264.877 -0.002
202106 -0.003 271.696 -0.003
202109 -0.003 274.310 -0.003
202112 -0.006 278.802 -0.006
202203 0.012 287.504 0.012
202206 0.012 296.311 0.012
202209 0.010 296.808 0.010
202212 0.010 296.797 0.010

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 0.86 mean?
Telkonet (TKOI) has a Cyclically Adjusted PB Ratio of 0.86 as of Aug. 13, 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 Telkonet and its competitors.
Is Telkonet's Cyclically Adjusted PB Ratio too high?
Telkonet's current Cyclically Adjusted PB Ratio is 0.86. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Telkonet's value of 0.86 is 58.8% below this industry median. Overall, Telkonet has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Telkonet's Cyclically Adjusted PB Ratio compare to GIGA and DSGT?
Telkonet's Cyclically Adjusted PB Ratio of 0.86 can be compared against companies in the Hardware industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Telkonet's value of 0.86 is 58.8% below this benchmark. 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 2.09, based on 1,962 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. Telkonet's current Cyclically Adjusted PB Ratio of 0.86 is 58.8% 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 Telkonet and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telkonet's current Cyclically Adjusted PB Ratio is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telkonet stock overvalued right now?
Telkonet (TKOI) has a current Cyclically Adjusted PB Ratio of 0.86. The current Cyclically Adjusted PB Ratio is 0.86 and 58.8% below the Hardware industry median of 2.09. Telkonet's overall GF Score™ is 12/100. 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 Telkonet (TKOI), the current Cyclically Adjusted PB Ratio is 0.86 as of Aug. 13, 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.

Telkonet Business Description

Address 20800 Swenson Drive, Waukesha, WI, USA, 53186
Telkonet Inc is the creator of the EcoSmart and the Rhapsody Platforms of intelligent automation solutions designed to optimize energy efficiency, comfort and analytics in support of the Internet of Things (IoT). The company has deployed intelligent devices in properties within the hospitality, educational, governmental and other commercial markets. The platforms are recognized as a solution for reducing energy consumption, operational costs and carbon footprints, and eliminating the need for new energy generation in these marketplaces - all whilst improving occupant comfort and convenience.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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