Vuzix (VUZI) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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.

VUZI Vuzix Corp VUZI
56 GF Score
Price $2.74
GF Value $2.08
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Vuzix Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Vuzix  (NAS:VUZI) 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.


Vuzix Cyclically Adjusted PB Ratio Related Terms


Vuzix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vuzix'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.

Vuzix Cyclically Adjusted PB Ratio Chart

Vuzix 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 25.80 4.75 1.90 2.92 2.96

Vuzix 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 2.10 2.28 2.82 1.72 2.15

VUZI vs TBCH, FXHO, GPRO: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Vuzix'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.


Vuzix Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


VUZI
56GF Score
Vuzix Corp VUZI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vuzix 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.

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

For example, Vuzix'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)
=0.25/333.9520*333.9520
=0.250

Current CPI (Jun. 2026) = 333.9520.

Vuzix Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.588 241.428 0.813
201612 0.906 241.432 1.253
201703 0.737 243.801 1.010
201706 0.578 244.955 0.788
201709 0.683 246.819 0.924
201712 0.881 246.524 1.193
201803 1.633 249.554 2.185
201806 1.425 251.989 1.889
201809 1.291 252.439 1.708
201812 1.104 251.233 1.467
201903 0.888 254.202 1.167
201906 0.717 256.143 0.935
201909 1.014 256.759 1.319
201912 0.732 256.974 0.951
202003 0.576 258.115 0.745
202006 0.670 257.797 0.868
202009 0.866 260.280 1.111
202012 1.058 260.474 1.356
202103 2.364 264.877 2.980
202106 2.461 271.696 3.025
202109 2.375 274.310 2.891
202112 2.257 278.802 2.703
202203 2.151 287.504 2.499
202206 2.056 296.311 2.317
202209 1.971 296.808 2.218
202212 1.824 296.797 2.052
202303 1.730 301.836 1.914
202306 1.635 305.109 1.790
202309 1.511 307.789 1.639
202312 1.248 306.746 1.359
202403 1.130 312.332 1.208
202406 0.541 314.175 0.575
202409 0.537 315.301 0.569
202412 0.491 315.605 0.520
202503 0.431 319.799 0.450
202506 0.373 322.561 0.386
202509 0.351 324.800 0.361
202512 0.304 324.054 0.313
202603 0.289 330.213 0.292
202606 0.250 333.952 0.250

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.

Is Vuzix (VUZI) Overvalued in 2026?

Based on GuruFocus' analysis, Vuzix stock appears to be overvalued. The current stock price of $2.74 is trading 31.7% above its estimated GF Value™ of $2.08. GuruFocus considers Vuzix to be Significantly Overvalued.

Key valuation signals for VUZI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $2.08 vs. price of $2.74 (31.7% above fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Vuzix Business Description

Other Exchanges 0LRL:UKV7XN:Germany
Address 25 Hendrix Road, Suite A, West Henrietta, NY, USA, 14586
Vuzix Corp is engaged in the design, manufacture, and marketing of Artificial Intelligence (AI)-powered Smart Glasses, Waveguides, and Augmented Reality (AR) technologies. Its solutions serve the enterprise, medical, defense, security, and select consumer markets, offering cutting-edge wearable computing and display technologies that enhance productivity and operational efficiency. Its products include near-eye displays (NEDs), heads-up displays (HUDs), and wearable computing devices and third-party original design manufacturer (ODM) and original equipment manufacturer (OEM) devices. Geographically, the company generates a majority of its revenue from the United States and also has a presence in Japan, the Netherlands, and other countries.
56GF Score

Get the complete analysis for VUZI

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

$2.74
Price
$2.08
GF Value