VPG (Vishay Precision Group) Cyclically Adjusted PB Ratio: 2.85 (As of Aug. 23, 2026) — 59% Above Median

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VPG Vishay Precision Group Inc VPG
65 GF Score
Price $66.61
GF Value $31.61
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Vishay Precision Group Cyclically Adjusted PB Ratio?

Vishay Precision Group VPG +6.99% 65 Cyclically Adjusted PB Ratio is 2.85 as of Aug. 23, 2026, which is 59% above its 10-year median of 1.79. GuruFocus rates VPG with a GF Scoreâ„¢ of 65/100 and a GF Valueâ„¢ of $31.61 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,951 Hardware companies, Vishay Precision Group ranks worse than 59.87% on this metric.

As of today (2026-08-23), Vishay Precision Group's current share price is $66.61. Vishay Precision Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $23.41. Vishay Precision Group's Cyclically Adjusted PB Ratio for today is 2.85.

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

VPG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.79   Max: 6.15
Current: 2.85

During the past years, Vishay Precision Group's highest Cyclically Adjusted PB Ratio was 6.15. The lowest was 0.93. And the median was 1.79.

VPG's Cyclically Adjusted PB Ratio is ranked worse than
59.87% of 1951 companies
in the Hardware industry
Industry Median: 2.07 vs VPG: 2.85

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.

Vishay Precision Group's adjusted book value per share data for the three months ended in Jun. 2026 was $24.981. 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 $23.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vishay Precision Group  (NYSE:VPG) 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.


Vishay Precision Group Cyclically Adjusted PB Ratio Related Terms


Vishay Precision Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vishay Precision Group'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.

Vishay Precision Group Cyclically Adjusted PB Ratio Chart

Vishay Precision Group 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 2.11 2.03 1.69 1.11 1.72

Vishay Precision Group 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 1.28 1.44 1.72 1.89 6.40

VPG vs ITRN, MLAB, AERG: Cyclically Adjusted PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Vishay Precision Group'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.


Vishay Precision Group Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


VPG
65GF Score
Vishay Precision Group Inc VPG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vishay Precision Group 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.

Vishay Precision Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.61/23.41
=2.85

* 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.

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

For example, Vishay Precision Group'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)
=24.981/333.9520*333.9520
=24.981

Current CPI (Jun. 2026) = 333.9520.

Vishay Precision Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.394 241.428 18.527
201612 12.990 241.432 17.968
201703 13.231 243.801 18.123
201706 13.718 244.955 18.702
201709 14.243 246.819 19.271
201712 14.532 246.524 19.686
201803 15.011 249.554 20.088
201806 15.312 251.989 20.292
201809 15.922 252.439 21.063
201812 16.210 251.233 21.547
201903 16.858 254.202 22.147
201906 17.312 256.143 22.571
201909 17.492 256.759 22.751
201912 17.848 256.974 23.194
202003 17.599 258.115 22.770
202006 17.979 257.797 23.290
202009 18.592 260.280 23.854
202012 18.992 260.474 24.350
202103 19.156 264.877 24.152
202106 19.516 271.696 23.988
202109 19.792 274.310 24.095
202112 20.336 278.802 24.359
202203 20.655 287.504 23.992
202206 20.890 296.311 23.544
202209 21.102 296.808 23.743
202212 22.592 296.797 25.420
202303 23.158 301.836 25.622
202306 23.640 305.109 25.875
202309 23.950 307.789 25.986
202312 24.564 306.746 26.743
202403 24.494 312.332 26.190
202406 24.671 314.175 26.224
202409 24.973 315.301 26.450
202412 24.320 315.605 25.734
202503 24.514 319.799 25.599
202506 24.942 322.561 25.823
202509 25.435 324.800 26.152
202512 25.331 324.054 26.105
202603 25.165 330.213 25.450
202606 24.981 333.952 24.981

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 2.85 mean?
Vishay Precision Group (VPG) has a Cyclically Adjusted PB Ratio of 2.85 as of Aug. 23, 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 Vishay Precision Group and its competitors. This is 59% above median its historical median of 1.79. Over the past decade, Vishay Precision Group's Cyclically Adjusted PB Ratio has ranged from 0.93 to 6.15. According to the industry distribution chart, Vishay Precision Group ranks #1168 out of 1951 companies in the Hardware industry, placing it in the top 59.9%.
Is Vishay Precision Group's Cyclically Adjusted PB Ratio too high?
Vishay Precision Group's current Cyclically Adjusted PB Ratio of 2.85 is 59% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 6.15. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Vishay Precision Group's value of 2.85 is 37.7% above this industry median. Based on the distribution chart, Vishay Precision Group ranks #1168 out of 1951 companies in the Hardware industry, which is below the industry midpoint. Overall, Vishay Precision Group has a GF Scoreâ„¢ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vishay Precision Group's Cyclically Adjusted PB Ratio compare to ITRN and MLAB?
According to the Hardware industry distribution chart, Vishay Precision Group ranks #1168 out of 1951 companies for Cyclically Adjusted PB Ratio. This places Vishay Precision Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Vishay Precision Group's value of 2.85 is 37.7% above this benchmark. Historically, Vishay Precision Group's own Cyclically Adjusted PB Ratio has ranged from 0.93 to 6.15 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 2.07, Vishay Precision Group 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 2.07, based on 1,951 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. Vishay Precision Group's current Cyclically Adjusted PB Ratio of 2.85 is 37.7% 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 Vishay Precision Group and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishay Precision Group's current Cyclically Adjusted PB Ratio is 2.85, which is 59% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishay Precision Group stock overvalued right now?
Based on GuruFocus' analysis, Vishay Precision Group (VPG) is currently considered Significantly Overvalued. The stock's GF Value™ is $31.61, compared to a current price of $66.61 — trading 110.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.85, which is 59% above median its 10-year median of 1.79 and 37.7% above the Hardware industry median of 2.07. Vishay Precision Group's overall GF Score™ is 65/100 with 3 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 Vishay Precision Group (VPG), the current Cyclically Adjusted PB Ratio is 2.85 as of Aug. 23, 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 Vishay Precision Group (VPG) Overvalued in 2026?

Based on GuruFocus' analysis, Vishay Precision Group stock appears to be overvalued. The current stock price of $66.61 is trading 110.7% above its estimated GF Value™ of $31.61. GuruFocus considers Vishay Precision Group to be Significantly Overvalued.

Key valuation signals for VPG:

  • Cyclically Adjusted PB Ratio: 2.85 (59% above median its 10-year median of 1.79)
  • GF Value™: $31.61 vs. price of $66.61 (110.7% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 37.7% above the Hardware median (#1168 of 1951)

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


Vishay Precision Group Business Description

Address 851 Duportail Road, 2nd Floor, Chesterbrook, PA, USA, 19087
Vishay Precision Group Inc manufactures and markets sensors and sensor-based measurement systems, as well as specialty resistors and strain gages based on proprietary technology. The company provides precision products and solutions, many of which are designed-in by customers, specializing in the growing markets of stress, force, weight, pressure, and current measurements. The company reports in three product segments: Sensors segment, Weighing Solutions segment, and Measurement Systems segment. It has a business presence in the United States and other countries. It generates the maximum of its revenue from the United States.
65GF Score

Get the complete analysis for VPG

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

$66.61
Price
$31.61
GF Value