VYX (NCR Voyix) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.
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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.

VYX NCR Voyix Corp VYX
59 GF Score
Price $6.74
GF Value $10.04
Valuation Possible Value Trap
! 4 Warning Signs
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What is NCR Voyix Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


NCR Voyix  (NYSE:VYX) 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.


NCR Voyix Cyclically Adjusted PB Ratio Related Terms


NCR Voyix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NCR Voyix'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.

NCR Voyix Cyclically Adjusted PB Ratio Chart

NCR Voyix 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 2.82 1.54 2.05 1.81 1.31

NCR Voyix 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 1.48 1.62 1.32 0.80 1.02

VYX vs CLVT, EFOR, MGRT: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, NCR Voyix'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.


NCR Voyix Cyclically Adjusted PB Ratio vs Software Industry

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

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


VYX
59GF Score
NCR Voyix Corp VYX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NCR Voyix 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.

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

For example, NCR Voyix'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)
=6.73/333.9520*333.9520
=6.730

Current CPI (Jun. 2026) = 333.9520.

NCR Voyix Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.524 241.428 7.641
201612 5.730 241.432 7.926
201703 4.530 243.801 6.205
201706 5.445 244.955 7.423
201709 6.486 246.819 8.776
201712 6.041 246.524 8.183
201803 5.224 249.554 6.991
201806 3.280 251.989 4.347
201809 3.915 252.439 5.179
201812 3.500 251.233 4.652
201903 3.907 254.202 5.133
201906 4.663 256.143 6.079
201909 5.824 256.759 7.575
201912 8.669 256.974 11.266
202003 8.068 258.115 10.438
202006 8.760 257.797 11.348
202009 9.331 260.280 11.972
202012 8.141 260.474 10.438
202103 8.423 264.877 10.620
202106 8.833 271.696 10.857
202109 9.014 274.310 10.974
202112 9.523 278.802 11.407
202203 9.721 287.504 11.291
202206 10.044 296.311 11.320
202209 10.555 296.808 11.876
202212 10.717 296.797 12.059
202303 10.621 301.836 11.751
202306 11.068 305.109 12.114
202309 9.737 307.789 10.565
202312 0.175 306.746 0.191
202403 -0.249 312.332 -0.266
202406 -0.600 314.175 -0.638
202409 6.948 315.301 7.359
202412 6.552 315.605 6.933
202503 6.201 319.799 6.475
202506 6.287 322.561 6.509
202509 6.132 324.800 6.305
202512 6.855 324.054 7.064
202603 6.700 330.213 6.776
202606 6.730 333.952 6.730

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 NCR Voyix (VYX) Overvalued in 2026?

Based on GuruFocus' analysis, NCR Voyix stock appears to be undervalued. The current stock price of $6.74 is trading 32.9% below its estimated GF Value™ of $10.04. GuruFocus considers NCR Voyix to be Possible Value Trap.

Key valuation signals for VYX:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $10.04 vs. price of $6.74 (32.9% below fair value)
  • GF Score™: 59/100 with 4 warning signs

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


NCR Voyix Business Description

Address 864 Spring Street NW, Atlanta, GA, USA, 30308
NCR Voyix Corp is a company providing services of digital commerce solutions for retail, restaurant, and digital banking. The company operates in two reportable segments: Retail, and Restaurants. The Retail segment provides software solutions for retailers of all sizes, enhancing operational efficiency and customer experience. The Restaurants segment offers end-to-end technology solutions for food service establishments, improving operational efficiency, and customer satisfaction, and reducing costs. The company derives maximum revenue from Retail segment. Geographically, the company operates in United States, Americas (excluding United States), Europe, Middle East and Africa, and Asia Pacific. It derives maximum revenue from United States.
59GF Score

Get the complete analysis for VYX

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

$6.74
Price
$10.04
GF Value