ZOMDF (Zomedica) Cyclically Adjusted PB Ratio: 0.62 (As of Jul. 12, 2026) — 39% Below Median


What is Zomedica Cyclically Adjusted PB Ratio?

Zomedica ZOMDF -2.82% Cyclically Adjusted PB Ratio is 0.62 as of Jul. 12, 2026, which is 39% below its 10-year median of 1.01. The stock has 3 warning signs investors should review. Among 524 Medical Devices & Instruments companies, Zomedica ranks better than 80.92% on this metric.

As of today (2026-07-12), Zomedica's current share price is $0.08698. Zomedica's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.14. Zomedica's Cyclically Adjusted PB Ratio for today is 0.62.

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

ZOMDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 1.01   Max: 2.55
Current: 0.6

During the past years, Zomedica's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.23. And the median was 1.01.

ZOMDF's Cyclically Adjusted PB Ratio is ranked better than
80.92% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 1.8 vs ZOMDF: 0.60

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.

Zomedica's adjusted book value per share data for the three months ended in Mar. 2026 was $0.113. 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 $0.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zomedica  (OTCPK:ZOMDF) 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.


Zomedica Cyclically Adjusted PB Ratio Related Terms


Zomedica Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zomedica'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.

Zomedica Cyclically Adjusted PB Ratio Chart

Zomedica Annual Data
Trend Feb16 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 0.00 1.54 1.63 0.90 0.72

Zomedica 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 0.43 0.29 0.56 0.72 0.83

ZOMDF vs STIM, OM, RPID: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Zomedica'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.


Zomedica Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zomedica's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Zomedica 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.

Zomedica's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.08698/0.14
=0.62

* 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.

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

For example, Zomedica'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)
=0.113/330.2130*330.2130
=0.113

Current CPI (Mar. 2026) = 330.2130.

Zomedica Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.026 241.018 0.036
201609 0.059 241.428 0.081
201612 0.046 241.432 0.063
201703 0.033 243.801 0.045
201706 0.048 244.955 0.065
201709 0.069 246.819 0.092
201712 0.049 246.524 0.066
201803 0.040 249.554 0.053
201806 0.050 251.989 0.066
201809 0.031 252.439 0.041
201812 0.037 251.233 0.049
201903 -0.017 254.202 -0.022
201906 -0.040 256.143 -0.052
201909 -0.064 256.759 -0.082
201912 -0.091 256.974 -0.117
202003 -0.078 258.115 -0.100
202006 0.049 257.797 0.063
202009 0.073 260.280 0.093
202012 0.080 260.474 0.101
202103 0.285 264.877 0.355
202106 0.282 271.696 0.343
202109 0.277 274.310 0.333
202112 0.276 278.802 0.327
202203 0.275 287.504 0.316
202206 0.272 296.311 0.303
202209 0.274 296.808 0.305
202212 0.273 296.797 0.304
202303 0.268 301.836 0.293
202306 0.265 305.109 0.287
202309 0.266 307.789 0.285
202312 0.245 306.746 0.264
202403 0.237 312.332 0.251
202406 0.213 314.175 0.224
202409 0.207 315.301 0.217
202412 0.200 315.605 0.209
202503 0.135 319.799 0.139
202506 0.128 322.561 0.131
202509 0.122 324.800 0.124
202512 0.118 324.054 0.120
202603 0.113 330.213 0.113

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 0.62 mean?
Zomedica (ZOMDF) has a Cyclically Adjusted PB Ratio of 0.62 as of Jul. 12, 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 Zomedica and its competitors. This is 39% below median its historical median of 1.01. Over the past decade, Zomedica's Cyclically Adjusted PB Ratio has ranged from 0.23 to 2.55. According to the industry distribution chart, Zomedica ranks #100 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 19.1%.
Is Zomedica's Cyclically Adjusted PB Ratio too high?
Zomedica's current Cyclically Adjusted PB Ratio of 0.62 is 39% below median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 2.55. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.80. Zomedica's value of 0.62 is 65.6% below this industry median. Based on the distribution chart, Zomedica ranks #100 out of 524 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers.
How does Zomedica's Cyclically Adjusted PB Ratio compare to STIM and OM?
According to the Medical Devices & Instruments industry distribution chart, Zomedica ranks #100 out of 524 companies for Cyclically Adjusted PB Ratio. This places Zomedica in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.80. Zomedica's value of 0.62 is 65.6% below this benchmark. Historically, Zomedica's own Cyclically Adjusted PB Ratio has ranged from 0.23 to 2.55 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.80, Zomedica 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.80, based on 524 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. Zomedica's current Cyclically Adjusted PB Ratio of 0.62 is 65.6% 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 Zomedica and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zomedica's current Cyclically Adjusted PB Ratio is 0.62, which is 39% below median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zomedica stock overvalued right now?
Based on GuruFocus' analysis, Zomedica (ZOMDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.19, compared to a current price of $0.09 — trading 54.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.62, which is 39% below median its 10-year median of 1.01 and 65.6% below the Medical Devices & Instruments industry median of 1.80. 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 Zomedica (ZOMDF), the current Cyclically Adjusted PB Ratio is 0.62 as of Jul. 12, 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.

Zomedica Business Description

Address 1101 Technology Drive, Suite 100, Ann Arbor, MI, USA, 48108
Zomedica Corp is a veterinary health company creating products for companion animals (canine, feline and equine) by focusing on the unmet needs of clinical veterinarians. The company's product portfolio includes diagnostics and therapeutics that emphasize patient health and practice health. The company is focused on the final development and commercialization of its TRUFORMA platform, which detects thyroid disorders in dogs & cats and adrenal disorders in dogs. Its segments consist of Diagnostics, Therapeutic Devices, and Development Services. It earns the majority of revenue from the therapeutics segment, which consists of Assisi, PulseVet, and VETIGEL products.