VYX (NCR Voyix) Cyclically Adjusted PB Ratio: 1.06 (As of Aug. 03, 2026) — 54% Below Median

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VYX NCR Voyix Corp VYX
62 GF Score
Price $8.27
GF Value $10.69
Valuation Modestly Undervalued
! 3 Warning Signs
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What is NCR Voyix Cyclically Adjusted PB Ratio?

NCR Voyix VYX +1.35% 62 Cyclically Adjusted PB Ratio is 1.06 as of Aug. 03, 2026, which is 54% below its 10-year median of 2.30. GuruFocus rates VYX with a GF Score™ of 62/100 and a GF Value™ of $10.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,573 Software companies, NCR Voyix ranks better than 72.16% on this metric.

As of today (2026-08-03), NCR Voyix's current share price is $8.27. NCR Voyix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $7.82. NCR Voyix's Cyclically Adjusted PB Ratio for today is 1.06.

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

VYX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 2.3   Max: 3.92
Current: 1.06

During the past years, NCR Voyix's highest Cyclically Adjusted PB Ratio was 3.92. The lowest was 0.79. And the median was 2.30.

VYX's Cyclically Adjusted PB Ratio is ranked better than
72.16% of 1573 companies
in the Software industry
Industry Median: 2.24 vs VYX: 1.06

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.

NCR Voyix's adjusted book value per share data for the three months ended in Mar. 2026 was $6.700. 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 $7.82 for the trailing ten years ended in Mar. 2026.

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 2.98 1.59 1.89 1.73 1.33

NCR Voyix 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 1.23 1.50 1.63 1.33 0.81

VYX vs WYFI, EFOR, CLVT: 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
62GF Score
NCR Voyix Corp VYX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.27/7.82
=1.06

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

For example, NCR Voyix'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)
=6.7/330.2130*330.2130
=6.700

Current CPI (Mar. 2026) = 330.2130.

NCR Voyix Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.483 241.018 6.142
201609 5.419 241.428 7.412
201612 5.578 241.432 7.629
201703 4.373 243.801 5.923
201706 5.288 244.955 7.129
201709 6.337 246.819 8.478
201712 5.893 246.524 7.894
201803 5.063 249.554 6.699
201806 3.152 251.989 4.130
201809 3.763 252.439 4.922
201812 3.328 251.233 4.374
201903 3.748 254.202 4.869
201906 4.505 256.143 5.808
201909 5.699 256.759 7.329
201912 8.645 256.974 11.109
202003 8.044 258.115 10.291
202006 8.736 257.797 11.190
202009 9.300 260.280 11.799
202012 8.118 260.474 10.292
202103 8.392 264.877 10.462
202106 8.802 271.696 10.698
202109 8.976 274.310 10.805
202112 9.290 278.802 11.003
202203 9.707 287.504 11.149
202206 10.022 296.311 11.169
202209 10.547 296.808 11.734
202212 10.725 296.797 11.933
202303 10.628 301.836 11.627
202306 11.075 305.109 11.986
202309 9.737 307.789 10.446
202312 0.175 306.746 0.188
202403 -0.235 312.332 -0.248
202406 -0.586 314.175 -0.616
202409 6.962 315.301 7.291
202412 6.566 315.605 6.870
202503 6.201 319.799 6.403
202506 6.287 322.561 6.436
202509 6.132 324.800 6.234
202512 6.855 324.054 6.985
202603 6.700 330.213 6.700

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 1.06 mean?
NCR Voyix (VYX) has a Cyclically Adjusted PB Ratio of 1.06 as of Aug. 03, 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 NCR Voyix and its competitors. This is 54% below median its historical median of 2.30. Over the past decade, NCR Voyix's Cyclically Adjusted PB Ratio has ranged from 0.79 to 3.92. According to the industry distribution chart, NCR Voyix ranks #438 out of 1573 companies in the Software industry, placing it in the top 27.8%.
Is NCR Voyix's Cyclically Adjusted PB Ratio too high?
NCR Voyix's current Cyclically Adjusted PB Ratio of 1.06 is 54% below median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.92. The Software industry median Cyclically Adjusted PB Ratio is 2.24. NCR Voyix's value of 1.06 is 52.7% below this industry median. Based on the distribution chart, NCR Voyix ranks #438 out of 1573 companies in the Software industry, which is above the industry midpoint. Overall, NCR Voyix has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NCR Voyix's Cyclically Adjusted PB Ratio compare to WYFI and EFOR?
According to the Software industry distribution chart, NCR Voyix ranks #438 out of 1573 companies for Cyclically Adjusted PB Ratio. This puts NCR Voyix in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. NCR Voyix's value of 1.06 is 52.7% below this benchmark. Historically, NCR Voyix's own Cyclically Adjusted PB Ratio has ranged from 0.79 to 3.92 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 2.24, NCR Voyix has consistently been below 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,573 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. NCR Voyix's current Cyclically Adjusted PB Ratio of 1.06 is 52.7% below 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 NCR Voyix and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCR Voyix's current Cyclically Adjusted PB Ratio is 1.06, which is 54% below median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCR Voyix stock overvalued right now?
Based on GuruFocus' analysis, NCR Voyix (VYX) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.69, compared to a current price of $8.27 — trading 22.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is 54% below median its 10-year median of 2.30 and 52.7% below the Software industry median of 2.24. NCR Voyix's overall GF Score™ is 62/100 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 NCR Voyix (VYX), the current Cyclically Adjusted PB Ratio is 1.06 as of Aug. 03, 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 NCR Voyix (VYX) Overvalued in 2026?

Based on GuruFocus' analysis, NCR Voyix stock appears to be undervalued. The current stock price of $8.27 is trading 22.6% below its estimated GF Value™ of $10.69. GuruFocus considers NCR Voyix to be Modestly Undervalued.

Key valuation signals for VYX:

  • Cyclically Adjusted PB Ratio: 1.06 (54% below median its 10-year median of 2.30)
  • GF Value™: $10.69 vs. price of $8.27 (22.6% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 52.7% below the Software median (#438 of 1573)

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.
62GF 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.

$8.27
Price
$10.69
GF Value