GreenPower Motor Co (FRA:GRT) Cyclically Adjusted Book per Share: €4.69 (As of Mar. 2026)


FRA:GRT GreenPower Motor Co Inc FRA:GRT
39 GF Score
Price €1.20
GF Value €3.09
Valuation Possible Value Trap
! 7 Warning Signs
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What is GreenPower Motor Co Cyclically Adjusted Book per Share?

GreenPower Motor Co FRA:GRT +5.26% 39 Cyclically Adjusted Book per Share is €4.69 as of Mar. 2026. GuruFocus rates FRA:GRT with a GF Score™ of 39/100 and a GF Value™ of €3.09 (Possible Value Trap). 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.

GreenPower Motor Co's adjusted book value per share for the three months ended in Mar. 2026 was €0.266. 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 €4.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GreenPower Motor Co's average Cyclically Adjusted Book Growth Rate was -100.00% 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 GreenPower Motor Co was 9.40% per year. The lowest was -1.30% per year. And the median was 4.05% per year.

As of today (2026-07-11), GreenPower Motor Co's current stock price is €1.20. GreenPower Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €4.69. GreenPower Motor Co's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GreenPower Motor Co was 62.59. The lowest was 0.13. And the median was 3.89.


GreenPower Motor Co  (FRA:GRT) 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.

GreenPower Motor Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.20/4.69
=0.26

* 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 GreenPower Motor Co was 62.59. The lowest was 0.13. And the median was 3.89.


Be Aware

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


GreenPower Motor Co Cyclically Adjusted Book per Share Related Terms


GreenPower Motor Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for GreenPower Motor Co'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.

GreenPower Motor Co Cyclically Adjusted Book per Share Chart

GreenPower Motor Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.92 6.12 6.59 5.91 4.69

GreenPower Motor Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.91 4.73 4.47 4.29 4.69

FRA:GRT vs CLEV, HYFM, HCAI: Cyclically Adjusted Book per Share Comparison

For the Farm & Heavy Construction Machinery subindustry, GreenPower Motor Co'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.


GreenPower Motor Co Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GreenPower Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:GRT
39GF Score
GreenPower Motor Co Inc FRA:GRT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GreenPower Motor Co 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, GreenPower Motor Co'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)
=0.266/132.2623*132.2623
=0.266

Current CPI (Mar. 2026) = 132.2623.

GreenPower Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.401 102.002 1.817
201609 1.100 101.765 1.430
201612 2.071 101.449 2.700
201703 1.558 102.634 2.008
201706 1.469 103.029 1.886
201709 1.232 103.345 1.577
201712 1.201 103.345 1.537
201803 1.321 105.004 1.664
201806 1.067 105.557 1.337
201809 0.811 105.636 1.015
201812 0.273 105.399 0.343
201903 -0.056 106.979 -0.069
201906 1.408 107.690 1.729
201909 1.146 107.611 1.409
201912 0.510 107.769 0.626
202003 -0.686 107.927 -0.841
202006 -1.372 108.401 -1.674
202009 15.506 108.164 18.961
202012 14.739 108.559 17.957
202103 14.537 110.298 17.432
202106 14.258 111.720 16.880
202109 14.116 112.905 16.536
202112 14.069 113.774 16.355
202203 13.487 117.646 15.163
202206 12.945 120.806 14.173
202209 12.530 120.648 13.736
202212 10.929 120.964 11.950
202303 10.451 122.702 11.265
202306 9.694 124.203 10.323
202309 8.394 125.230 8.865
202312 6.627 125.072 7.008
202403 4.259 126.258 4.462
202406 3.016 127.522 3.128
202409 1.413 127.285 1.468
202412 0.692 127.364 0.719
202503 -0.504 129.181 -0.516
202506 -1.499 129.892 -1.526
202509 -2.308 130.287 -2.343
202512 -0.801 130.366 -0.813
202603 0.266 132.262 0.266

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 €4.69 mean?
GreenPower Motor Co (FRA:GRT) has a Cyclically Adjusted Book per Share of €4.69 as of Mar. 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 GreenPower Motor Co and its competitors.
Is GreenPower Motor Co's Cyclically Adjusted Book per Share too high?
GreenPower Motor Co's current Cyclically Adjusted Book per Share is €4.69. Overall, GreenPower Motor Co has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GreenPower Motor Co's Cyclically Adjusted Book per Share compare to CLEV and HYFM?
GreenPower Motor Co's Cyclically Adjusted Book per Share of €4.69 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Cyclically Adjusted Book per Share depends on the Farm & Heavy Construction Machinery 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 GreenPower Motor Co and its competitors. GreenPower Motor Co's current Cyclically Adjusted Book per Share is €4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenPower Motor Co stock overvalued right now?
Based on GuruFocus' analysis, GreenPower Motor Co (FRA:GRT) is currently considered Possible Value Trap. The stock's GF Value™ is €3.09, compared to a current price of €1.20 — trading 61.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is €4.69. GreenPower Motor Co's overall GF Score™ is 39/100 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 GreenPower Motor Co (FRA:GRT), the current Cyclically Adjusted Book per Share is €4.69 as of Mar. 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 GreenPower Motor Co (FRA:GRT) Overvalued in 2026?

Based on GuruFocus' analysis, GreenPower Motor Co stock appears to be undervalued. The current stock price of €1.20 is trading 61.2% below its estimated GF Value™ of €3.09. GuruFocus considers GreenPower Motor Co to be Possible Value Trap.

Key valuation signals for FRA:GRT:

  • Cyclically Adjusted Book per Share: €4.69
  • GF Value™: €3.09 vs. price of €1.20 (61.2% below fair value)
  • GF Score™: 39/100 with 7 warning signs

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


GreenPower Motor Co Business Description

Other Exchanges GP:USA
Address 209 Carrall Street, Suite 240, Vancouver, BC, CAN, V6B 2J2
GreenPower Motor Co Inc is the manufacturer and distributor of all-electric charter, school, and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes all-electric transit buses, all-electric school buses, and shuttle buses. The company's buses depend on clean sheet design and utilize a custom battery management system and a proprietary flex power system for the drive motors. Geographically, the company generates a majority of its revenue from the United States of America and the rest from Canada.
39GF Score

Get the complete analysis for FRA:GRT

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

€1.20
Price
€3.09
GF Value