UI (Ubiquiti) Cyclically Adjusted PB Ratio: 222.31 (As of Aug. 06, 2026) — 93% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

UI Ubiquiti Inc UI
94 GF Score
Price $569.12
GF Value $451.60
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ubiquiti Cyclically Adjusted PB Ratio?

Ubiquiti UI 94 Cyclically Adjusted PB Ratio is 222.31 as of Aug. 06, 2026, which is 93% above its 10-year median of 114.95. GuruFocus rates UI with a GF Score™ of 94/100 and a GF Value™ of $451.60 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,968 Hardware companies, Ubiquiti ranks worse than 99.85% on this metric.

As of today (2026-08-06), Ubiquiti's current share price is $569.12. Ubiquiti's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.56. Ubiquiti's Cyclically Adjusted PB Ratio for today is 222.31.

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

UI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 41.53   Med: 114.95   Max: 423.63
Current: 222.29

During the past years, Ubiquiti's highest Cyclically Adjusted PB Ratio was 423.63. The lowest was 41.53. And the median was 114.95.

UI's Cyclically Adjusted PB Ratio is ranked worse than
99.85% of 1968 companies
in the Hardware industry
Industry Median: 2 vs UI: 222.29

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.

Ubiquiti's adjusted book value per share data for the three months ended in Mar. 2026 was $19.864. 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 $2.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ubiquiti  (NYSE:UI) 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.


Ubiquiti Cyclically Adjusted PB Ratio Related Terms


Ubiquiti Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ubiquiti'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.

Ubiquiti Cyclically Adjusted PB Ratio Chart

Ubiquiti Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.87 100.10 87.53 86.26 232.53

Ubiquiti Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 188.75 232.53 337.02 251.28 308.68

UI vs ASTS, ZBRA, VSAT: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Ubiquiti'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.


Ubiquiti Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


UI
94GF Score
Ubiquiti Inc UI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ubiquiti 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=569.12/2.56
=222.31

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=19.864/330.2130*330.2130
=19.864

Current CPI (Mar. 2026) = 330.2130.

Ubiquiti Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.392 241.018 7.387
201609 6.246 241.428 8.543
201612 6.989 241.432 9.559
201703 6.762 243.801 9.159
201706 7.496 244.955 10.105
201709 7.176 246.819 9.601
201712 6.131 246.524 8.212
201803 3.832 249.554 5.071
201806 4.263 251.989 5.586
201809 3.715 252.439 4.860
201812 1.775 251.233 2.333
201903 2.665 254.202 3.462
201906 1.429 256.143 1.842
201909 -3.636 256.759 -4.676
201912 -4.502 256.974 -5.785
202003 -5.581 258.115 -7.140
202006 -4.639 257.797 -5.942
202009 -4.150 260.280 -5.265
202012 -2.895 260.474 -3.670
202103 -0.959 264.877 -1.196
202106 0.043 271.696 0.052
202109 0.928 274.310 1.117
202112 -0.067 278.802 -0.079
202203 -5.511 287.504 -6.330
202206 -6.337 296.311 -7.062
202209 -5.386 296.808 -5.992
202212 -4.103 296.797 -4.565
202303 -3.052 301.836 -3.339
202306 -1.915 305.109 -2.073
202309 -1.043 307.789 -1.119
202312 -0.260 306.746 -0.280
202403 0.428 312.332 0.453
202406 1.572 314.175 1.652
202409 3.111 315.301 3.258
202412 4.803 315.605 5.025
202503 7.210 319.799 7.445
202506 11.047 322.561 11.309
202509 13.693 324.800 13.921
202512 16.786 324.054 17.105
202603 19.864 330.213 19.864

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 222.31 mean?
Ubiquiti (UI) has a Cyclically Adjusted PB Ratio of 222.31 as of Aug. 06, 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 Ubiquiti and its competitors. This is 93% above median its historical median of 114.95. Over the past decade, Ubiquiti's Cyclically Adjusted PB Ratio has ranged from 41.53 to 423.63. According to the industry distribution chart, Ubiquiti ranks #1965 out of 1968 companies in the Hardware industry, placing it in the top 99.8%.
Is Ubiquiti's Cyclically Adjusted PB Ratio too high?
Ubiquiti's current Cyclically Adjusted PB Ratio of 222.31 is 93% above median its 10-year median of 114.95. Over the past 10 years, this metric has ranged from a low of 41.53 to a high of 423.63. The Hardware industry median Cyclically Adjusted PB Ratio is 2.00. Ubiquiti's value of 222.31 is 11015.5% above this industry median. Based on the distribution chart, Ubiquiti ranks #1965 out of 1968 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ubiquiti has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ubiquiti's Cyclically Adjusted PB Ratio compare to ASTS and ZBRA?
According to the Hardware industry distribution chart, Ubiquiti ranks #1965 out of 1968 companies for Cyclically Adjusted PB Ratio. This places Ubiquiti in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.00. Ubiquiti's value of 222.31 is 11015.5% above this benchmark. Historically, Ubiquiti's own Cyclically Adjusted PB Ratio has ranged from 41.53 to 423.63 over the past decade. While the company's 10-year median is 114.95 vs. the industry median of 2.00, Ubiquiti 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 2.00, based on 1,968 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. Ubiquiti's current Cyclically Adjusted PB Ratio of 222.31 is 11015.5% 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 Ubiquiti and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ubiquiti's current Cyclically Adjusted PB Ratio is 222.31, which is 93% above median its own 10-year median of 114.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubiquiti stock overvalued right now?
Based on GuruFocus' analysis, Ubiquiti (UI) is currently considered Modestly Overvalued. The stock's GF Value™ is $451.60, compared to a current price of $569.12 — trading 26% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 222.31, which is 93% above median its 10-year median of 114.95 and 11015.5% above the Hardware industry median of 2.00. Ubiquiti's overall GF Score™ is 94/100 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 Ubiquiti (UI), the current Cyclically Adjusted PB Ratio is 222.31 as of Aug. 06, 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 Ubiquiti (UI) Overvalued in 2026?

Based on GuruFocus' analysis, Ubiquiti stock appears to be overvalued. The current stock price of $569.12 is trading 26% above its estimated GF Value™ of $451.60. GuruFocus considers Ubiquiti to be Modestly Overvalued.

Key valuation signals for UI:

  • Cyclically Adjusted PB Ratio: 222.31 (93% above median its 10-year median of 114.95)
  • GF Value™: $451.60 vs. price of $569.12 (26% above fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 11015.5% above the Hardware median (#1965 of 1968)

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


Ubiquiti Business Description

Other Exchanges 0LI9:UK3UB:Germany
Address 685 Third Avenue, 27th Floor, New York, NY, USA, 10017
Ubiquiti Inc is a seller of equipment and provides the related software platforms through web stores. The group develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its solutions are: high-performance networking technology for enterprises, service providers, and consumers. target the enterprise and service provider markets through a community of service providers, distributors, value-added resellers, webstores, systems integrators, and corporate IT professionals, which it refers to as the Ubiquiti Community. It targets consumers through digital marketing, including through webstores, retail chains, and, to a lesser extent, the Ubiquiti Community.
94GF Score

Get the complete analysis for UI

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

$569.12
Price
$451.60
GF Value