Secure Blockchain Development (TSXV:ID) Cyclically Adjusted Book per Share: C$-0.47 (As of Mar. 2026)


TSXV:ID Secure Blockchain Development Corp TSXV:ID
21 GF Score
Price C$0.17
GF Value C$0.12
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Secure Blockchain Development Cyclically Adjusted Book per Share?

Secure Blockchain Development TSXV:ID 21 Cyclically Adjusted Book per Share is C$-0.47 as of Mar. 2026. GuruFocus rates TSXV:ID with a GF Score™ of 21/100 and a GF Value™ of C$0.12 (Significantly Overvalued). The stock has 4 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.

Secure Blockchain Development's adjusted book value per share for the three months ended in Mar. 2026 was C$-0.124. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$-0.47 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 50.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 42.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 25.90% 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 Secure Blockchain Development was 50.10% per year. The lowest was -1.00% per year. And the median was 16.75% per year.

As of today (2026-07-04), Secure Blockchain Development's current stock price is C$0.165. Secure Blockchain Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$-0.47. Secure Blockchain Development's Cyclically Adjusted PB Ratio of today is .


Secure Blockchain Development  (TSXV:ID) 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.


Be Aware

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


Secure Blockchain Development Cyclically Adjusted Book per Share Related Terms


Secure Blockchain Development Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Secure Blockchain Development'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.

Secure Blockchain Development Cyclically Adjusted Book per Share Chart

Secure Blockchain Development 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 -6.45 -4.68 -2.76 -0.89 -0.58

Secure Blockchain Development 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 -0.83 -0.75 -0.67 -0.58 -0.47

TSXV:ID vs UBER, SHOP, CRM: Cyclically Adjusted Book per Share Comparison

For the Software - Application subindustry, Secure Blockchain Development'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.


Secure Blockchain Development Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Secure Blockchain Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSXV:ID
21GF Score
Secure Blockchain Development Corp TSXV:ID
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Secure Blockchain Development 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, Secure Blockchain Development'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)
=-0.124/132.2600*132.2600
=-0.124

Current CPI (Mar. 2026) = 132.2600.

Secure Blockchain Development Quarterly Data

Book Value per Share CPI Adj_Book
201604 -3.504 101.370 -4.572
201609 -0.771 101.765 -1.002
201612 -1.046 101.449 -1.364
201703 -0.197 102.634 -0.254
201706 -0.344 103.029 -0.442
201709 -0.136 103.345 -0.174
201712 0.202 103.345 0.259
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 -0.128 105.636 -0.160
201812 -0.301 105.399 -0.378
201903 -0.323 106.979 -0.399
201906 -0.412 107.690 -0.506
201909 -0.502 107.611 -0.617
201912 -0.601 107.769 -0.738
202003 -0.345 107.927 -0.423
202006 -0.386 108.401 -0.471
202009 -0.413 108.164 -0.505
202012 -0.424 108.559 -0.517
202103 -0.428 110.298 -0.513
202106 -0.442 111.720 -0.523
202109 -0.476 112.905 -0.558
202112 -0.504 113.774 -0.586
202203 -0.224 117.646 -0.252
202206 -0.228 120.806 -0.250
202209 -0.256 120.648 -0.281
202212 -0.128 120.964 -0.140
202303 -0.141 122.702 -0.152
202306 -0.155 124.203 -0.165
202309 -0.167 125.230 -0.176
202312 -0.181 125.072 -0.191
202403 -0.186 126.258 -0.195
202406 -0.196 127.522 -0.203
202409 -0.205 127.285 -0.213
202412 -0.220 127.364 -0.228
202503 -0.229 129.181 -0.234
202506 -0.235 129.892 -0.239
202509 -0.245 130.290 -0.249
202512 -0.266 130.370 -0.270
202603 -0.124 132.260 -0.124

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 C$-0.47 mean?
Secure Blockchain Development (TSXV:ID) has a Cyclically Adjusted Book per Share of C$-0.47 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 Secure Blockchain Development and its competitors.
Is Secure Blockchain Development's Cyclically Adjusted Book per Share too high?
Secure Blockchain Development's current Cyclically Adjusted Book per Share is C$-0.47. Overall, Secure Blockchain Development has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Blockchain Development's Cyclically Adjusted Book per Share compare to UBER and SHOP?
Secure Blockchain Development's Cyclically Adjusted Book per Share of C$-0.47 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Secure Blockchain Development and its competitors. Secure Blockchain Development's current Cyclically Adjusted Book per Share is C$-0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Blockchain Development stock overvalued right now?
Based on GuruFocus' analysis, Secure Blockchain Development (TSXV:ID) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.12, compared to a current price of C$0.17 — trading 37.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is C$-0.47. Secure Blockchain Development's overall GF Score™ is 21/100 with 4 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 Secure Blockchain Development (TSXV:ID), the current Cyclically Adjusted Book per Share is C$-0.47 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 Secure Blockchain Development (TSXV:ID) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Blockchain Development stock appears to be overvalued. The current stock price of C$0.17 is trading 37.5% above its estimated GF Value™ of C$0.12. GuruFocus considers Secure Blockchain Development to be Significantly Overvalued.

Key valuation signals for TSXV:ID:

  • Cyclically Adjusted Book per Share: C$-0.47
  • GF Value™: C$0.12 vs. price of C$0.17 (37.5% above fair value)
  • GF Score™: 21/100 with 4 warning signs

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


Secure Blockchain Development Business Description

Other Exchanges IDBDF:USA8ID0:Germany
Address 701 West Georgia Street, Suite 515, Vancouver, BC, CAN, V7Y 1C6
Secure Blockchain Development Corp is a software development company that sells its technology on a software-as-a-service (SaaS) basis. It offers the Delivery trust, which is an email security solution designed for small and medium-sized businesses. The company serves accounting, education professionals, financial, legal, medical, real estate, and resource industries. Its products include: Unlimited secure emails, Recall sent messages, Restrict print/forward, Set message expiration, Discreet read receipts, Restrict download, Branding capabilities, Enterprise policy enforcement, Mobile-friendly web portal and Others.
21GF Score

Get the complete analysis for TSXV:ID

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

C$0.17
Price
C$0.12
GF Value