EQB (EQGPF) Cyclically Adjusted Book per Share: $42.63 (As of Apr. 2026)


EQGPF EQB Inc EQGPF
82 GF Score
Price $96.70
GF Value $80.90
Valuation Modestly Overvalued
! 7 Warning Signs
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What is EQB Cyclically Adjusted Book per Share?

EQB EQGPF +4.02% 82 Cyclically Adjusted Book per Share is $42.63 as of Apr. 2026. GuruFocus rates EQGPF with a GF Score™ of 82/100 and a GF Value™ of $80.90 (Modestly Overvalued). The stock has 7 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.

EQB's adjusted book value per share for the three months ended in Apr. 2026 was $66.307. 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 $42.63 for the trailing ten years ended in Apr. 2026.

During the past 12 months, EQB's average Cyclically Adjusted Book Growth Rate was 13.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.90% 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 EQB was 21.30% per year. The lowest was 14.90% per year. And the median was 15.90% per year.

As of today (2026-07-03), EQB's current stock price is $96.70. EQB's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $42.63. EQB's Cyclically Adjusted PB Ratio of today is 2.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of EQB was 2.69. The lowest was 1.01. And the median was 1.84.


EQB  (OTCPK:EQGPF) 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.

EQB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=96.70/42.63
=2.27

* 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 EQB was 2.69. The lowest was 1.01. And the median was 1.84.


Be Aware

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


EQB Cyclically Adjusted Book per Share Related Terms


EQB Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for EQB'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.

EQB Cyclically Adjusted Book per Share Chart

EQB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24 Oct25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.53 25.65 28.32 35.03 38.82

EQB Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 35.33 39.00 38.82 41.66 42.63

EQGPF vs PNC, USB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, EQB'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.


EQB Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, EQB's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


EQGPF
82GF Score
EQB Inc EQGPF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EQB 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, EQB's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=66.307/132.7400*132.7400
=66.307

Current CPI (Apr. 2026) = 132.7400.

EQB Quarterly Data

Book Value per Share CPI Adj_Book
201603 18.073 101.054 23.740
201606 19.216 102.002 25.007
201609 19.720 101.765 25.722
201612 20.656 101.449 27.027
201703 21.467 102.634 27.764
201706 22.557 103.029 29.062
201709 25.347 103.345 32.557
201712 25.280 103.345 32.471
201803 25.975 105.004 32.836
201806 26.297 105.557 33.069
201809 27.516 105.636 34.576
201812 27.144 105.399 34.185
201903 27.884 106.979 34.599
201906 29.043 107.690 35.799
201909 30.197 107.611 37.248
201912 31.535 107.769 38.842
202003 29.386 107.927 36.142
202006 31.321 108.401 38.353
202009 33.730 108.164 41.394
202012 36.440 108.559 44.557
202103 38.926 110.298 46.846
202106 41.701 111.720 49.547
202109 41.748 112.905 49.082
202112 43.155 113.774 50.349
202203 45.529 117.646 51.371
202206 46.277 120.806 50.849
202209 43.947 120.648 48.352
202212 46.120 120.964 50.610
202303 47.117 122.702 50.972
202306 50.639 124.203 54.120
202401 53.146 125.072 56.404
202404 53.922 126.890 56.408
202407 57.983 128.075 60.095
202410 59.132 127.838 61.400
202501 58.059 127.443 60.472
202504 60.679 129.102 62.389
202507 62.976 130.290 64.160
202510 60.931 130.600 61.929
202601 62.288 130.370 63.420
202604 66.307 132.740 66.307

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 $42.63 mean?
EQB (EQGPF) has a Cyclically Adjusted Book per Share of $42.63 as of Apr. 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 EQB and its competitors.
Is EQB's Cyclically Adjusted Book per Share too high?
EQB's current Cyclically Adjusted Book per Share is $42.63. Overall, EQB has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EQB's Cyclically Adjusted Book per Share compare to PNC and USB?
EQB's Cyclically Adjusted Book per Share of $42.63 can be compared against companies in the Banks 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 Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks 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 EQB and its competitors. EQB's current Cyclically Adjusted Book per Share is $42.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EQB stock overvalued right now?
Based on GuruFocus' analysis, EQB (EQGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $80.90, compared to a current price of $96.70 — trading 19.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is $42.63. EQB's overall GF Score™ is 82/100 with 7 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 EQB (EQGPF), the current Cyclically Adjusted Book per Share is $42.63 as of Apr. 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 EQB (EQGPF) Overvalued in 2026?

Based on GuruFocus' analysis, EQB stock appears to be overvalued. The current stock price of $96.70 is trading 19.5% above its estimated GF Value™ of $80.90. GuruFocus considers EQB to be Modestly Overvalued.

Key valuation signals for EQGPF:

  • Cyclically Adjusted Book per Share: $42.63
  • GF Value™: $80.90 vs. price of $96.70 (19.5% above fair value)
  • GF Score™: 82/100 with 7 warning signs

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


EQB Business Description

Other Exchanges V22:GermanyEQB:Canada
Address 25 Ontario Street, Suite 2200, Toronto, ON, CAN, M5A 0Y9
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
82GF Score

Get the complete analysis for EQGPF

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

$96.70
Price
$80.90
GF Value