WSTL (Westell Technologies) Cyclically Adjusted PB Ratio: 1.76 (As of Aug. 13, 2026) — 309% Above Median

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WSTL Westell Technologies Inc WSTL
40 GF Score
Price $6.00
! 6 Warning Signs
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What is Westell Technologies Cyclically Adjusted PB Ratio?

Westell Technologies WSTL +4.35% 40 Cyclically Adjusted PB Ratio is 1.76 as of Aug. 13, 2026, which is 309% above its 10-year median of 0.43. GuruFocus rates WSTL with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 1,962 Hardware companies, Westell Technologies ranks better than 50.56% on this metric.

As of today (2026-08-13), Westell Technologies's current share price is $6.00. Westell Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $3.41. Westell Technologies's Cyclically Adjusted PB Ratio for today is 1.76.

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

WSTL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.43   Max: 2.29
Current: 2.05

During the past years, Westell Technologies's highest Cyclically Adjusted PB Ratio was 2.29. The lowest was 0.15. And the median was 0.43.

WSTL's Cyclically Adjusted PB Ratio is ranked better than
50.56% of 1962 companies
in the Hardware industry
Industry Median: 2.085 vs WSTL: 2.05

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.

Westell Technologies's adjusted book value per share data for the three months ended in Dec. 2025 was $5.803. 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 $3.41 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westell Technologies  (OTCPK:WSTL) 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.


Westell Technologies Cyclically Adjusted PB Ratio Related Terms


Westell Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Westell Technologies'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.

Westell Technologies Cyclically Adjusted PB Ratio Chart

Westell Technologies Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.72 0.45 0.18 0.18

Westell Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 0.42 0.44 1.06 1.88 1.74

WSTL vs AIRG, WATT, CMTL: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Westell Technologies'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.


Westell Technologies Cyclically Adjusted PB Ratio vs Hardware Industry

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

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


WSTL
40GF Score
Westell Technologies Inc WSTL
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Westell Technologies 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.

Westell Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.00/3.41
=1.76

* 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.

Westell Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Westell Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=5.803/324.0540*324.0540
=5.803

Current CPI (Dec. 2025) = 324.0540.

Westell Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.187 236.119 4.374
201506 3.106 238.638 4.218
201509 2.957 237.945 4.027
201512 2.781 236.525 3.810
201603 2.591 238.132 3.526
201606 2.299 241.018 3.091
201609 2.090 241.428 2.805
201612 2.029 241.432 2.723
201703 2.010 243.801 2.672
201706 3.341 244.955 4.420
201709 3.336 246.819 4.380
201712 3.393 246.524 4.460
201803 3.346 249.554 4.345
201806 3.353 251.989 4.312
201809 3.244 252.439 4.164
201812 3.175 251.233 4.095
201903 2.675 254.202 3.410
201906 2.513 256.143 3.179
201909 2.275 256.759 2.871
201912 2.185 256.974 2.755
202003 2.015 258.115 2.530
202006 1.958 257.797 2.461
202009 1.901 260.280 2.367
202012 2.012 260.474 2.503
202103 2.013 264.877 2.463
202106 0.000 271.696 0.000
202109 2.175 274.310 2.569
202112 2.380 278.802 2.766
202206 2.462 296.311 2.693
202209 2.495 296.808 2.724
202212 2.597 296.797 2.836
202306 2.676 305.109 2.842
202309 2.755 307.789 2.901
202312 2.792 306.746 2.950
202406 2.807 314.175 2.895
202409 2.851 315.301 2.930
202412 2.931 315.605 3.009
202506 4.692 322.561 4.714
202509 5.520 324.800 5.507
202512 5.803 324.054 5.803

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 1.76 mean?
Westell Technologies (WSTL) has a Cyclically Adjusted PB Ratio of 1.76 as of Aug. 13, 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 Westell Technologies and its competitors. This is 309% above median its historical median of 0.43. Over the past decade, Westell Technologies' Cyclically Adjusted PB Ratio has ranged from 0.15 to 2.29. According to the industry distribution chart, Westell Technologies ranks #970 out of 1962 companies in the Hardware industry, placing it in the top 49.4%.
Is Westell Technologies' Cyclically Adjusted PB Ratio too high?
Westell Technologies' current Cyclically Adjusted PB Ratio of 1.76 is 309% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 2.29. The Hardware industry median Cyclically Adjusted PB Ratio is 2.09. Westell Technologies' value of 1.76 is 15.6% below this industry median. Based on the distribution chart, Westell Technologies ranks #970 out of 1962 companies in the Hardware industry, which is above the industry midpoint. Overall, Westell Technologies has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Westell Technologies' Cyclically Adjusted PB Ratio compare to AIRG and WATT?
According to the Hardware industry distribution chart, Westell Technologies ranks #970 out of 1962 companies for Cyclically Adjusted PB Ratio. This puts Westell Technologies in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.09. Westell Technologies' value of 1.76 is 15.6% below this benchmark. Historically, Westell Technologies' own Cyclically Adjusted PB Ratio has ranged from 0.15 to 2.29 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 2.09, Westell Technologies 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.09, based on 1,962 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. Westell Technologies's current Cyclically Adjusted PB Ratio of 1.76 is 15.6% 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 Westell Technologies and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westell Technologies's current Cyclically Adjusted PB Ratio is 1.76, which is 309% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westell Technologies stock overvalued right now?
Westell Technologies (WSTL) has a current Cyclically Adjusted PB Ratio of 1.76. The current Cyclically Adjusted PB Ratio is 1.76, which is 309% above median its 10-year median of 0.43 and 15.6% below the Hardware industry median of 2.09. Westell Technologies' overall GF Score™ is 40/100 with 6 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 Westell Technologies (WSTL), the current Cyclically Adjusted PB Ratio is 1.76 as of Aug. 13, 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.

Westell Technologies Business Description

Address 750 North Commons Drive, Aurora, IL, USA, 60504
Westell Technologies Inc designs, manufactures, and distributes telecommunications solutions, which are sold to the telephone companies. It is organized into the following operating segments: In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). The majority of its revenue is generated from the ISM segment, which includes a suite of remote units that provide machine-to-machine communications that enable operators to remotely monitor, manage, and control physical site infrastructure and support systems. Geographically, it derives a majority of its revenue from the United States of America.
40GF Score

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

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