CGECF (Cogeco) Cyclically Adjusted Book per Share: $46.20 (As of Feb. 2026)


CGECF Cogeco Inc CGECF
69 GF Score
Price $44.02
GF Value $47.65
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Cogeco Cyclically Adjusted Book per Share?

Cogeco CGECF 69 Cyclically Adjusted Book per Share is $46.20 as of Feb. 2026. GuruFocus rates CGECF with a GF Score™ of 69/100 and a GF Value™ of $47.65 (Fairly Valued). The stock has 5 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's adjusted book value per share for the three months ended in Feb. 2026 was $68.626. 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 $46.20 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Cogeco's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 was 11.70% per year. The lowest was 1.40% per year. And the median was 5.00% per year.

As of today (2026-06-29), Cogeco's current stock price is $44.016. Cogeco's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was $46.20. Cogeco's Cyclically Adjusted PB Ratio of today is 0.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cogeco was 3.28. The lowest was 0.87. And the median was 1.94.


Cogeco  (OTCPK:CGECF) 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's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.016/46.20
=0.95

* 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 was 3.28. The lowest was 0.87. And the median was 1.94.


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 Cyclically Adjusted Book per Share Related Terms


Cogeco Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Cogeco'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 Cyclically Adjusted Book per Share Chart

Cogeco 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 31.52 36.93 35.60 40.84 43.42

Cogeco Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 41.71 42.44 43.42 43.95 46.20

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

For the Telecom Services subindustry, Cogeco'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 Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


CGECF
69GF Score
Cogeco Inc CGECF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cogeco 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's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book= Book Value per Share /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=68.626/131.0772*131.0772
=68.626

Current CPI (Feb. 2026) = 131.0772.

Cogeco Quarterly Data

Book Value per Share CPI Adj_Book
201605 24.139 101.765 31.092
201608 23.034 101.686 29.692
201611 23.483 101.607 30.294
201702 25.046 102.476 32.036
201705 25.154 103.108 31.977
201708 27.655 103.108 35.157
201711 28.148 103.740 35.566
201802 32.025 104.688 40.098
201805 32.338 105.399 40.216
201808 33.264 106.031 41.121
201811 33.792 105.478 41.993
201902 34.342 106.268 42.359
201905 34.670 107.927 42.107
201908 35.274 108.085 42.777
201911 36.305 107.769 44.157
202002 35.660 108.559 43.057
202005 34.082 107.532 41.544
202008 35.972 108.243 43.560
202011 37.922 108.796 45.688
202102 39.555 109.745 47.244
202105 41.052 111.404 48.302
202108 40.507 112.668 47.126
202111 41.738 113.932 48.019
202202 42.553 115.986 48.090
202205 43.670 120.016 47.695
202208 45.148 120.569 49.083
202211 45.142 121.675 48.630
202302 45.675 122.070 49.045
202305 42.991 124.045 45.428
202308 44.296 125.389 46.306
202311 44.336 125.468 46.318
202402 61.904 125.468 64.672
202405 62.405 127.601 64.105
202408 62.330 127.838 63.909
202411 63.647 127.838 65.260
202502 63.708 128.786 64.841
202505 64.817 129.813 65.448
202508 65.845 130.208 66.284
202511 66.722 130.682 66.924
202602 68.626 131.077 68.626

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 $46.20 mean?
Cogeco (CGECF) has a Cyclically Adjusted Book per Share of $46.20 as of Feb. 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 and its competitors.
Is Cogeco's Cyclically Adjusted Book per Share too high?
Cogeco's current Cyclically Adjusted Book per Share is $46.20. Overall, Cogeco has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cogeco's Cyclically Adjusted Book per Share compare to TMUS and VZ?
Cogeco's Cyclically Adjusted Book per Share of $46.20 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 and its competitors. Cogeco's current Cyclically Adjusted Book per Share is $46.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogeco stock overvalued right now?
Based on GuruFocus' analysis, Cogeco (CGECF) is currently considered Fairly Valued. The stock's GF Value™ is $47.65, compared to a current price of $44.02 — trading 7.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is $46.20. Cogeco's overall GF Score™ is 69/100 with 5 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 (CGECF), the current Cyclically Adjusted Book per Share is $46.20 as of Feb. 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 (CGECF) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco stock appears to be undervalued. The current stock price of $44.02 is trading 7.6% below its estimated GF Value™ of $47.65. GuruFocus considers Cogeco to be Fairly Valued.

Key valuation signals for CGECF:

  • Cyclically Adjusted Book per Share: $46.20
  • GF Value™: $47.65 vs. price of $44.02 (7.6% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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


Cogeco Business Description

Other Exchanges CGO:Canada
Address 1 Place Ville Marie, Bureau 3301, Montreal, QC, CAN, H3B 3N2
Cogeco Inc is a telecommunications company. The company has two operating segments: Canadian telecommunications, American telecommunications. The Canadian and American telecommunications segments provide a wide range of Internet, video, and telephony services to residential customers, as well as business services across their coverage areas. Cogeco Connexion carries out the Canadian telecommunications segment activities in the provinces of Quebec and Ontario, and the American telecommunications segment activities are carried out by Atlantic Broadband in 12 states. It derives maximum revenue from Canadian telecommunications segment.
69GF Score

Get the complete analysis for CGECF

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

$44.02
Price
$47.65
GF Value