GrowGeneration (MEX:GRWG) Cyclically Adjusted Book per Share: MXN55.90 (As of Jun. 2026)

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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.
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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.

MEX:GRWG GrowGeneration Corp MEX:GRWG
62 GF Score
Price MXN24.00
GF Value MXN24.94
! 3 Warning Signs
View Full Analysis

What is GrowGeneration Cyclically Adjusted Book per Share?

GrowGeneration MEX:GRWG 62 Cyclically Adjusted Book per Share is MXN55.90 as of Jun. 2026. GuruFocus rates MEX:GRWG with a GF Score™ of 62/100 and a GF Value™ of MXN24.94. The stock has 3 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.

GrowGeneration's adjusted book value per share for the three months ended in Jun. 2026 was MXN26.413. 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 MXN55.90 for the trailing ten years ended in Jun. 2026.

During the past 12 months, GrowGeneration's average Cyclically Adjusted Book Growth Rate was 4.00% 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.

As of today (2026-09-22), GrowGeneration's current stock price is MXN24.00. GrowGeneration's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN55.90. GrowGeneration's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of GrowGeneration was 0.71. The lowest was 0.32. And the median was 0.51.


GrowGeneration  (MEX:GRWG) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.00/55.899
=0.43

* 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 11 years, the highest Cyclically Adjusted PB Ratio of GrowGeneration was 0.71. The lowest was 0.32. And the median was 0.51.


Be Aware

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


GrowGeneration Cyclically Adjusted Book per Share Related Terms


GrowGeneration Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for GrowGeneration'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.

GrowGeneration Cyclically Adjusted Book per Share Chart

GrowGeneration Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 52.56 56.45

GrowGeneration Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 53.72 54.09 53.19 54.77 55.90

MEX:GRWG vs BARK, NPT, ABLV: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, GrowGeneration'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.


GrowGeneration Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, GrowGeneration's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:GRWG
62GF Score
GrowGeneration Corp MEX:GRWG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=26.413/333.9520*333.9520
=26.413

Current CPI (Jun. 2026) = 333.9520.

GrowGeneration Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.207 241.428 7.203
201612 6.243 241.432 8.635
201703 7.615 243.801 10.431
201706 9.133 244.955 12.451
201709 9.311 246.819 12.598
201712 8.802 246.524 11.924
201803 13.097 249.554 17.526
201806 20.207 251.989 26.780
201809 21.075 252.439 27.880
201812 21.180 251.233 28.154
201903 21.241 254.202 27.905
201906 25.860 256.143 33.716
201909 28.437 256.759 36.986
201912 27.597 256.974 35.864
202003 35.291 258.115 45.660
202006 37.484 257.797 48.557
202009 51.192 260.280 65.682
202012 110.520 260.474 141.697
202103 122.544 264.877 154.501
202106 121.629 271.696 149.499
202109 128.178 274.310 156.047
202112 126.792 278.802 151.873
202203 122.189 287.504 141.929
202206 78.577 296.311 88.559
202209 76.192 296.808 85.727
202212 69.119 296.797 77.772
202303 62.332 301.836 68.964
202306 57.838 305.109 63.306
202309 56.710 307.789 61.531
202312 47.758 306.746 51.994
202403 44.673 312.332 47.765
202406 46.782 314.175 49.727
202409 47.370 315.301 50.172
202412 42.036 315.605 44.480
202503 38.229 319.799 39.921
202506 33.731 322.561 34.922
202509 32.075 324.800 32.979
202512 29.172 324.054 30.063
202603 27.872 330.213 28.188
202606 26.413 333.952 26.413

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 MXN55.90 mean?
GrowGeneration (MEX:GRWG) has a Cyclically Adjusted Book per Share of MXN55.90 as of Jun. 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 GrowGeneration and its competitors.
Is GrowGeneration's Cyclically Adjusted Book per Share too high?
GrowGeneration's current Cyclically Adjusted Book per Share is MXN55.90. Overall, GrowGeneration has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does GrowGeneration's Cyclically Adjusted Book per Share compare to BARK and NPT?
GrowGeneration's Cyclically Adjusted Book per Share of MXN55.90 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 GrowGeneration and its competitors. GrowGeneration's current Cyclically Adjusted Book per Share is MXN55.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GrowGeneration stock overvalued right now?
GrowGeneration (MEX:GRWG) has a current Cyclically Adjusted Book per Share of MXN55.90. The stock's GF Value™ is MXN24.94, compared to a current price of MXN24.00 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN55.90. GrowGeneration's overall GF Score™ is 62/100 with 3 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 GrowGeneration (MEX:GRWG), the current Cyclically Adjusted Book per Share is MXN55.90 as of Jun. 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 GrowGeneration (MEX:GRWG) Overvalued in 2026?

Based on GuruFocus' analysis, GrowGeneration stock appears to be undervalued. The current stock price of MXN24.00 is trading 3.8% below its estimated GF Value™ of MXN24.94.

Key valuation signals for MEX:GRWG:

  • Cyclically Adjusted Book per Share: MXN55.90
  • GF Value™: MXN24.94 vs. price of MXN24.00 (3.8% below fair value)
  • GF Score™: 62/100 with 3 warning signs

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


GrowGeneration Business Description

Other Exchanges GRWG:USA
Address 5619 DTC Parkway, Suite 900, Greenwood Village, CO, USA, 80111
GrowGeneration Corp owns and operates specialty retail stores focused on hydroponic and organic gardening. The company markets and distributes nutrients, growing media, indoor and greenhouse lighting, ventilation systems, and related accessories. It operates through two reportable segments: Cultivation and Gardening, which includes its hydroponic and organic gardening business, and Storage Solutions, which includes its benching, racking, and storage solutions operations. The company generates revenue mainly from the sale of proprietary and non-proprietary products through retail stores, e-commerce platforms, wholesale distribution, and commercial sales, along with the sale and installation of commercial fixtures.
62GF Score

Get the complete analysis for MEX:GRWG

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

MXN24.00
Price
MXN24.94
GF Value