CGEAF (Cogeco Communications) Cyclically Adjusted Book per Share: $42.77 (As of May. 2026)

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CGEAF Cogeco Communications Inc CGEAF
68 GF Score
Price $42.31
GF Value $44.04
Valuation Fairly Valued
! 8 Warning Signs
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What is Cogeco Communications Cyclically Adjusted Book per Share?

Cogeco Communications CGEAF 68 Cyclically Adjusted Book per Share is $42.77 as of May. 2026. GuruFocus rates CGEAF with a GF Score™ of 68/100 and a GF Value™ of $44.04 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Cogeco Communications's adjusted book value per share for the three months ended in May. 2026 was $32.097. 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 $42.77 for the trailing ten years ended in May. 2026.

During the past 12 months, Cogeco Communications's average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Cogeco Communications was 12.20% per year. The lowest was 2.90% per year. And the median was 6.00% per year.

As of today (2026-08-06), Cogeco Communications's current stock price is $42.31. Cogeco Communications's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $42.77. Cogeco Communications's Cyclically Adjusted PB Ratio of today is 0.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cogeco Communications was 3.64. The lowest was 0.99. And the median was 2.32.


Cogeco Communications  (OTCPK:CGEAF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Cogeco Communications's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.31/42.77
=0.99

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cogeco Communications was 3.64. The lowest was 0.99. And the median was 2.32.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Cogeco Communications Cyclically Adjusted Book per Share Related Terms


Cogeco Communications Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Cogeco Communications's Cyclically Adjusted Book per Share 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.

Cogeco Communications Cyclically Adjusted Book per Share Chart

Cogeco Communications Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.73 35.66 35.47 39.24 41.60

Cogeco Communications Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted Book per Share 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 40.70 41.60 39.27 43.42 42.77

CGEAF vs VZ, TMUS, T: Cyclically Adjusted Book per Share Comparison

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CGEAF
68GF Score
Cogeco Communications Inc CGEAF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cogeco Communications Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Cogeco Communications's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book= Book Value per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=32.097/134.0005*134.0005
=32.097

Current CPI (May. 2026) = 134.0005.

Cogeco Communications Quarterly Data

Book Value per Share CPI Adj_Book
201608 21.506 101.686 28.340
201611 21.683 101.607 28.596
201702 23.144 102.476 30.264
201705 23.180 103.108 30.125
201708 25.623 103.108 33.300
201711 26.195 103.740 33.836
201802 29.972 104.688 38.364
201805 30.042 105.399 38.194
201808 30.896 106.031 39.046
201811 31.362 105.478 39.843
201902 31.834 106.268 40.142
201905 32.747 107.927 40.658
201908 33.543 108.085 41.585
201911 34.510 107.769 42.910
202002 34.866 108.559 43.037
202005 33.802 107.532 42.122
202008 35.778 108.243 44.292
202011 37.389 108.796 46.051
202102 39.225 109.745 47.895
202105 41.007 111.404 49.325
202108 40.920 112.668 48.668
202111 42.383 113.932 49.848
202202 43.480 115.986 50.233
202205 44.601 120.016 49.798
202208 46.530 120.569 51.714
202211 46.699 121.675 51.430
202302 47.873 122.070 52.552
202305 48.329 124.045 52.208
202308 49.552 125.389 52.955
202311 49.423 125.468 52.784
202402 51.804 125.468 55.327
202405 51.850 127.601 54.451
202408 51.926 127.838 54.429
202411 52.729 127.838 55.271
202502 52.757 128.786 54.893
202505 53.537 129.813 55.264
202508 54.399 130.208 55.983
202511 54.665 130.682 56.053
202602 56.177 131.077 57.430
202605 32.097 134.001 32.097

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $42.77 mean?
Cogeco Communications (CGEAF) has a Cyclically Adjusted Book per Share of $42.77 as of May. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Cogeco Communications and its competitors.
Is Cogeco Communications' Cyclically Adjusted Book per Share too high?
Cogeco Communications' current Cyclically Adjusted Book per Share is $42.77. Overall, Cogeco Communications has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cogeco Communications' Cyclically Adjusted Book per Share compare to VZ and TMUS?
Cogeco Communications' Cyclically Adjusted Book per Share of $42.77 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Telecommunication Services company?
A good Cyclically Adjusted Book per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Cogeco Communications and its competitors. Cogeco Communications's current Cyclically Adjusted Book per Share is $42.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogeco Communications stock overvalued right now?
Based on GuruFocus' analysis, Cogeco Communications (CGEAF) is currently considered Fairly Valued. The stock's GF Value™ is $44.04, compared to a current price of $42.31 — trading 3.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is $42.77. Cogeco Communications' overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Cogeco Communications (CGEAF), the current Cyclically Adjusted Book per Share is $42.77 as of May. 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 Cogeco Communications (CGEAF) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco Communications stock appears to be undervalued. The current stock price of $42.31 is trading 3.9% below its estimated GF Value™ of $44.04. GuruFocus considers Cogeco Communications to be Fairly Valued.

Key valuation signals for CGEAF:

  • Cyclically Adjusted Book per Share: $42.77
  • GF Value™: $44.04 vs. price of $42.31 (3.9% below fair value)
  • GF Score™: 68/100 with 8 warning signs

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


Cogeco Communications Business Description

Other Exchanges COG:GermanyCCA:Canada
Address 1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications is a telecom service provider in Canada and the US, specifically in rural and suburban geographies. It offers wireline services such as broadband internet, TV, and landline phone services. In Canada, the firm operates under its Cogeco Connexion and Oxio brands, reaching roughly 2.1 million homes and businesses throughout Ontario and Quebec. In the US, Cogeco operates under its Breezeline brand throughout the East Coast, Pennsylvania, and Ohio, reaching 1.8 million homes and businesses. Cogeco is expanding its offerings to include consumer wireless services, operating as a mobile virtual network operator.
68GF Score

Get the complete analysis for CGEAF

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

$42.31
Price
$44.04
GF Value