BlackBerry (TSX:BB) Cyclically Adjusted FCF per Share: C$0.00 (As of May. 2026)

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TSX:BB BlackBerry Ltd TSX:BB
60 GF Score
Price C$15.47
GF Value C$5.25
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is BlackBerry Cyclically Adjusted FCF per Share?

BlackBerry TSX:BB +1.98% 60 Cyclically Adjusted FCF per Share is C$0.00 as of May. 2026. GuruFocus rates TSX:BB with a GF Score™ of 60/100 and a GF Value™ of C$5.25 (Significantly Overvalued). The stock has 6 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

BlackBerry's adjusted free cash flow per share for the three months ended in May. 2026 was C$0.000. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$0.00 for the trailing ten years ended in May. 2026.

During the past 12 months, BlackBerry's average Cyclically Adjusted FCF 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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of BlackBerry was 152.00% per year. The lowest was -77.30% per year. And the median was -3.50% per year.

As of today (2026-07-15), BlackBerry's current stock price is C$15.47. BlackBerry's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2026 was C$0.00. BlackBerry's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BlackBerry was 1480.00. The lowest was 8.34. And the median was 18.97.


BlackBerry  (TSX:BB) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BlackBerry was 1480.00. The lowest was 8.34. And the median was 18.97.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


BlackBerry Cyclically Adjusted FCF per Share Related Terms


BlackBerry Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for BlackBerry's Cyclically Adjusted FCF 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.

BlackBerry Cyclically Adjusted FCF per Share Chart

BlackBerry Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 -0.23 0.16 0.09 0.06

BlackBerry Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted FCF 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 0.06 0.04 0.04 0.06 0.00

TSX:BB vs MSFT, ORCL, PLTR: Cyclically Adjusted FCF per Share Comparison

For the Software - Infrastructure subindustry, BlackBerry's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


BlackBerry Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, BlackBerry's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BlackBerry's Cyclically Adjusted Price-to-FCF falls into.


TSX:BB
60GF Score
BlackBerry Ltd TSX:BB
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackBerry Cyclically Adjusted FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow 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 FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF 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, BlackBerry's adjusted Free Cash Flow per Share data for the three months ended in May. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=0/134.0005*134.0005
=0.000

Current CPI (May. 2026) = 134.0005.

BlackBerry Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201608 -0.112 101.686 -0.148
201611 -0.421 101.607 -0.555
201702 -0.020 102.476 -0.026
201705 2.133 103.108 2.772
201708 -0.013 103.108 -0.017
201711 -0.034 103.740 -0.044
201802 -0.367 104.688 -0.470
201805 -0.046 105.399 -0.058
201808 0.035 106.031 0.044
201811 0.103 105.478 0.131
201902 0.015 106.268 0.019
201905 -0.160 107.927 -0.199
201908 0.009 108.085 0.011
201911 0.060 107.769 0.075
202002 0.050 108.559 0.062
202005 -0.100 107.532 -0.125
202008 0.050 108.243 0.062
202011 0.049 108.796 0.060
202102 0.081 109.745 0.099
202105 -0.088 111.404 -0.106
202108 0.011 112.668 0.013
202111 -0.058 113.932 -0.068
202202 -0.004 115.986 -0.005
202205 -0.103 120.016 -0.115
202208 -0.071 120.569 -0.079
202211 -0.412 121.675 -0.454
202302 -0.044 122.070 -0.048
202305 0.206 124.045 0.223
202308 -0.136 125.389 -0.145
202311 -0.075 125.468 -0.080
202402 -0.044 125.468 -0.047
202405 -0.042 127.601 -0.044
202408 -0.043 127.838 -0.045
202411 0.008 127.838 0.008
202502 0.096 128.786 0.100
202505 -0.046 129.813 -0.047
202508 0.004 130.208 0.004
202511 0.038 130.682 0.039
202602 0.099 131.077 0.101
202605 0.000 134.001 0.000

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of C$0.00 mean?
BlackBerry (TSX:BB) has a Cyclically Adjusted FCF per Share of C$0.00 as of May. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on BlackBerry and its competitors.
Is BlackBerry's Cyclically Adjusted FCF per Share too high?
BlackBerry's current Cyclically Adjusted FCF per Share is C$0.00. Overall, BlackBerry has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlackBerry's Cyclically Adjusted FCF per Share compare to MSFT and ORCL?
BlackBerry's Cyclically Adjusted FCF per Share of C$0.00 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 FCF per Share for a Software company?
A good Cyclically Adjusted FCF per Share depends on the Software industry context. However, Cyclically Adjusted FCF 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 FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on BlackBerry and its competitors. BlackBerry's current Cyclically Adjusted FCF per Share is C$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackBerry stock overvalued right now?
Based on GuruFocus' analysis, BlackBerry (TSX:BB) is currently considered Significantly Overvalued. The stock's GF Value™ is C$5.25, compared to a current price of C$15.47 — trading 194.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is C$0.00. BlackBerry's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For BlackBerry (TSX:BB), the current Cyclically Adjusted FCF per Share is C$0.00 as of May. 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 BlackBerry (TSX:BB) Overvalued in 2026?

Based on GuruFocus' analysis, BlackBerry stock appears to be overvalued. The current stock price of C$15.47 is trading 194.7% above its estimated GF Value™ of C$5.25. GuruFocus considers BlackBerry to be Significantly Overvalued.

Key valuation signals for TSX:BB:

  • Cyclically Adjusted FCF per Share: C$0.00
  • GF Value™: C$5.25 vs. price of C$15.47 (194.7% above fair value)
  • GF Score™: 60/100 with 6 warning signs

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


BlackBerry Business Description

Address 2200 University Avenue East, Waterloo, ON, CAN, N2K 0A7
BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communications for enterprises. The firm provides endpoint management and other secure communications software to enterprises, specializing in regulated industries like government and financial institutions. BlackBerry also has a sizable embedded software business primarily serving the automotive market, with some exposure to the industrial market.
60GF Score

Get the complete analysis for TSX:BB

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

C$15.47
Price
C$5.25
GF Value