ZRFY (Zerify) Cyclically Adjusted PB Ratio: (As of Jul. 17, 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.
Reviewed by: Charlie Tian Charlie Tian
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.

ZRFY Zerify Inc ZRFY
12 GF Score
Price $0.00
View Full Analysis

What is Zerify Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zerify  (OTCPK:ZRFY) 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.


Zerify Cyclically Adjusted PB Ratio Related Terms


Zerify Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Zerify'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.

Zerify Cyclically Adjusted PB Ratio Chart

Zerify Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Zerify Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.00 0.00 0.00 0.00 0.00

ZRFY vs FFPP, SMME, FFZY: Cyclically Adjusted PB Ratio Comparison

For the Software - Infrastructure subindustry, Zerify'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.


Zerify Cyclically Adjusted PB Ratio vs Software Industry

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

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


ZRFY
12GF Score
Zerify Inc ZRFY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zerify 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.

Zerify's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Zerify's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.008/307.7890*307.7890
=-0.008

Current CPI (Sep. 2023) = 307.7890.

Zerify Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.000 233.049 0.000
201403 0.000 236.293 0.000
201406 0.000 238.343 0.000
201409 0.000 238.031 0.000
201412 0.000 234.812 0.000
201503 0.000 236.119 0.000
201506 -4,192.667 238.638 -5,407.591
201509 -1,291.600 237.945 -1,670.723
201512 -327.311 236.525 -425.928
201603 -2.380 238.132 -3.076
201606 -1.877 241.018 -2.397
201609 -1.858 241.428 -2.369
201612 -2.033 241.432 -2.592
201703 -2.152 243.801 -2.717
201706 -2.303 244.955 -2.894
201709 -2.413 246.819 -3.009
201712 -2.523 246.524 -3.150
201803 -2.616 249.554 -3.226
201806 -2.727 251.989 -3.331
201809 -2.829 252.439 -3.449
201812 -2.999 251.233 -3.674
201903 -3.036 254.202 -3.676
201906 -3.026 256.143 -3.636
201909 -2.999 256.759 -3.595
201912 -2.655 256.974 -3.180
202003 -2.294 258.115 -2.735
202006 -1.691 257.797 -2.019
202009 -0.257 260.280 -0.304
202012 -0.020 260.474 -0.024
202103 -0.017 264.877 -0.020
202106 -0.014 271.696 -0.016
202109 -0.011 274.310 -0.012
202112 -0.012 278.802 -0.013
202203 -0.014 287.504 -0.015
202206 -0.013 296.311 -0.014
202209 -0.013 296.808 -0.013
202212 -0.013 296.797 -0.013
202303 -0.011 301.836 -0.011
202306 -0.012 305.109 -0.012
202309 -0.008 307.789 -0.008

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.


Zerify Business Description

Address 1090 King Georges Post Road, Suite 603, Edison, NJ, USA, 08837
Zerify Inc is a cybersecurity company. It offers a suite of network security products using proprietary technology to businesses and consumers that provide out of band authentication and endpoint protection. It also provides mobile device security on Apple or Android devices. Its products are protect ID, guarded ID, and mobile trust, safeVchat, and privacyLok. The company sells its products to corporate, financial, healthcare, legal, government, technology, insurance, e-commerce and consumer market sectors. The Company operates in one segment for the development and distribution of software products.
12GF Score

Get the complete analysis for ZRFY

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

$0.00
Price