3D Systems (WBO:DDD) Cyclically Adjusted PB Ratio: (As of Aug. 05, 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.

WBO:DDD 3D Systems Corp WBO:DDD
56 GF Score
Price €3.08
GF Value €2.16
Valuation Significantly Overvalued
! 4 Warning Signs
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What is 3D Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


3D Systems  (WBO:DDD) 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.


3D Systems Cyclically Adjusted PB Ratio Related Terms


3D Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for 3D Systems'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.

3D Systems Cyclically Adjusted PB Ratio Chart

3D Systems 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 2.97 0.96 0.86 0.51 0.33

3D Systems 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 0.26 0.53 0.33 0.36 0.00

WBO:DDD vs QMCO, NNDM, OSS: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, 3D Systems'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.


3D Systems Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, 3D Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 3D Systems's Cyclically Adjusted PB Ratio falls into.


WBO:DDD
56GF Score
3D Systems Corp WBO:DDD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

3D Systems 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.

3D Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, 3D Systems'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)
=1.429/333.9520*333.9520
=1.429

Current CPI (Jun. 2026) = 333.9520.

3D Systems Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.085 241.428 7.034
201612 5.256 241.432 7.270
201703 5.238 243.801 7.175
201706 5.063 244.955 6.902
201709 4.553 246.819 6.160
201712 4.555 246.524 6.170
201803 4.324 249.554 5.786
201806 4.403 251.989 5.835
201809 4.301 252.439 5.690
201812 4.394 251.233 5.841
201903 4.241 254.202 5.572
201906 4.049 256.143 5.279
201909 3.981 256.759 5.178
201912 3.996 256.974 5.193
202003 3.753 258.115 4.856
202006 3.438 257.797 4.454
202009 2.929 260.280 3.758
202012 2.852 260.474 3.657
202103 3.108 264.877 3.919
202106 3.094 271.696 3.803
202109 5.089 274.310 6.195
202112 5.807 278.802 6.956
202203 5.759 287.504 6.689
202206 5.689 296.311 6.412
202209 5.686 296.808 6.398
202212 5.396 296.797 6.072
202303 5.196 301.836 5.749
202306 4.916 305.109 5.381
202309 4.907 307.789 5.324
202312 2.929 306.746 3.189
202403 2.808 312.332 3.002
202406 2.655 314.175 2.822
202409 1.457 315.301 1.543
202412 1.242 315.605 1.314
202503 0.995 319.799 1.039
202506 1.634 322.561 1.692
202509 1.469 324.800 1.510
202512 1.410 324.054 1.453
202603 1.388 330.213 1.404
202606 1.429 333.952 1.429

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 3D Systems (WBO:DDD) Overvalued in 2026?

Based on GuruFocus' analysis, 3D Systems stock appears to be overvalued. The current stock price of €3.08 is trading 42.6% above its estimated GF Value™ of €2.16. GuruFocus considers 3D Systems to be Significantly Overvalued.

Key valuation signals for WBO:DDD:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €2.16 vs. price of €3.08 (42.6% above fair value)
  • GF Score™: 56/100 with 4 warning signs

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


3D Systems Business Description

Address 333 Three D Systems Circle, Rock Hill, SC, USA, 29730
3D Systems Corp provide comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, and services, including maintenance, manufacturing and applications engineering. Its solutions support applications in two key industry verticals: Healthcare Solutions provide surgical planning, implants, instrumentation, and medical education solutions to help medical device manufacturers and healthcare providers accelerate, and ultimately, transform healthcare, and Industrial Solutions which includes aerospace, defense, transportation and general manufacturing. The company operates in the Americas, EMEA, and APAC regions.
56GF Score

Get the complete analysis for WBO:DDD

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

€3.08
Price
€2.16
GF Value