Vicor (VICR) Cyclically Adjusted PB Ratio: 18.85 (As of Aug. 28, 2026) — 112% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

VICR Vicor Corp VICR
81 GF Score
Price $187.75
GF Value $62.70
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Vicor Cyclically Adjusted PB Ratio?

Vicor VICR -7.97% 81 Cyclically Adjusted PB Ratio is 18.85 as of Aug. 28, 2026, which is 112% above its 10-year median of 8.89. GuruFocus rates VICR with a GF Score™ of 81/100 and a GF Value™ of $62.70 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,931 Hardware companies, Vicor ranks worse than 96.32% on this metric.

As of today (2026-08-28), Vicor's current share price is $187.75. Vicor's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $9.96. Vicor's Cyclically Adjusted PB Ratio for today is 18.85.

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

VICR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.63   Med: 8.89   Max: 35.2
Current: 20.47

During the past years, Vicor's highest Cyclically Adjusted PB Ratio was 35.20. The lowest was 2.63. And the median was 8.89.

VICR's Cyclically Adjusted PB Ratio is ranked worse than
96.32% of 1931 companies
in the Hardware industry
Industry Median: 2.05 vs VICR: 20.47

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.

Vicor's adjusted book value per share data for the three months ended in Jun. 2026 was $18.098. 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 $9.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vicor  (NAS:VICR) 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.


Vicor Cyclically Adjusted PB Ratio Related Terms


Vicor Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vicor'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.

Vicor Cyclically Adjusted PB Ratio Chart

Vicor 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 24.11 8.85 6.49 6.11 12.11

Vicor 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 5.33 5.65 12.11 16.91 38.11

VICR vs LFUS, SANM, RAL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Vicor'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.


Vicor Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


VICR
81GF Score
Vicor Corp VICR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vicor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=187.75/9.96
=18.85

* 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.

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

For example, Vicor'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)
=18.098/333.9520*333.9520
=18.098

Current CPI (Jun. 2026) = 333.9520.

Vicor Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.410 241.428 4.717
201612 3.353 241.432 4.638
201703 3.350 243.801 4.589
201706 3.359 244.955 4.579
201709 3.389 246.819 4.585
201712 3.454 246.524 4.679
201803 3.695 249.554 4.945
201806 3.972 251.989 5.264
201809 4.370 252.439 5.781
201812 4.570 251.233 6.075
201903 4.725 254.202 6.207
201906 4.813 256.143 6.275
201909 5.006 256.759 6.511
201912 5.072 256.974 6.591
202003 5.083 258.115 6.576
202006 7.582 257.797 9.822
202009 7.794 260.280 10.000
202012 8.097 260.474 10.381
202103 8.505 264.877 10.723
202106 9.009 271.696 11.073
202109 9.400 274.310 11.444
202112 9.646 278.802 11.554
202203 9.824 287.504 11.411
202206 10.115 296.311 11.400
202209 10.276 296.808 11.562
202212 10.527 296.797 11.845
202303 10.866 301.836 12.022
202306 11.317 305.109 12.387
202309 11.891 307.789 12.902
202312 12.164 306.746 13.243
202403 11.939 312.332 12.765
202406 11.931 314.175 12.682
202409 12.289 315.301 13.016
202412 12.620 315.605 13.354
202503 12.822 319.799 13.389
202506 13.560 322.561 14.039
202509 14.106 324.800 14.503
202512 15.722 324.054 16.202
202603 16.549 330.213 16.736
202606 18.098 333.952 18.098

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 18.85 mean?
Vicor (VICR) has a Cyclically Adjusted PB Ratio of 18.85 as of Aug. 28, 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 Vicor and its competitors. This is 112% above median its historical median of 8.89. Over the past decade, Vicor's Cyclically Adjusted PB Ratio has ranged from 2.63 to 35.20. According to the industry distribution chart, Vicor ranks #1860 out of 1931 companies in the Hardware industry, placing it in the top 96.3%.
Is Vicor's Cyclically Adjusted PB Ratio too high?
Vicor's current Cyclically Adjusted PB Ratio of 18.85 is 112% above median its 10-year median of 8.89. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 35.20. The Hardware industry median Cyclically Adjusted PB Ratio is 2.05. Vicor's value of 18.85 is 819.5% above this industry median. Based on the distribution chart, Vicor ranks #1860 out of 1931 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Vicor has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicor's Cyclically Adjusted PB Ratio compare to LFUS and SANM?
According to the Hardware industry distribution chart, Vicor ranks #1860 out of 1931 companies for Cyclically Adjusted PB Ratio. This places Vicor in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.05. Vicor's value of 18.85 is 819.5% above this benchmark. Historically, Vicor's own Cyclically Adjusted PB Ratio has ranged from 2.63 to 35.20 over the past decade. While the company's 10-year median is 8.89 vs. the industry median of 2.05, Vicor 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 1,931 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. Vicor's current Cyclically Adjusted PB Ratio of 18.85 is 819.5% 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 Vicor 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. Vicor's current Cyclically Adjusted PB Ratio is 18.85, which is 112% above median its own 10-year median of 8.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicor stock overvalued right now?
Based on GuruFocus' analysis, Vicor (VICR) is currently considered Significantly Overvalued. The stock's GF Value™ is $62.70, compared to a current price of $187.75 — trading 199.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 18.85, which is 112% above median its 10-year median of 8.89 and 819.5% above the Hardware industry median of 2.05. Vicor's overall GF Score™ is 81/100 with 4 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 Vicor (VICR), the current Cyclically Adjusted PB Ratio is 18.85 as of Aug. 28, 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 Vicor (VICR) Overvalued in 2026?

Based on GuruFocus' analysis, Vicor stock appears to be overvalued. The current stock price of $187.75 is trading 199.4% above its estimated GF Value™ of $62.70. GuruFocus considers Vicor to be Significantly Overvalued.

Key valuation signals for VICR:

  • Cyclically Adjusted PB Ratio: 18.85 (112% above median its 10-year median of 8.89)
  • GF Value™: $62.70 vs. price of $187.75 (199.4% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 819.5% above the Hardware median (#1860 of 1931)

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


Vicor Business Description

Other Exchanges VCV:Germany
Address 25 Frontage Road, Andover, MA, USA, 01810
Vicor Corp manufactures and markets modular power components and complete power systems for converting electrical power. It provides modular power converters and configurable products, power component products and integrated circuits, and related products. Its products include Converters, Power Systems, Filters, Custom Power Systems, Input Modules, and others. The principal markets for the Company's power converters and systems are large original equipment manufacturers (OEMs), original design manufacturers (ODMs) and their contract manufacturers, and smaller, lower volume users, which are broadly distributed across several market areas.
81GF Score

Get the complete analysis for VICR

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

$187.75
Price
$62.70
GF Value