ATXMF (Advantex Marketing International) Cyclically Adjusted PB Ratio: (As of Aug. 29, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Advantex Marketing International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Advantex Marketing International  (OTCPK:ATXMF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Advantex Marketing International Cyclically Adjusted PB Ratio Related Terms


Advantex Marketing International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Advantex Marketing International's Cyclically Adjusted PB Ratio 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.

Advantex Marketing International Cyclically Adjusted PB Ratio Chart

Advantex Marketing International Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Advantex Marketing International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.00 0.00 0.00 0.00 0.00

ATXMF vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, Advantex Marketing International'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.


Advantex Marketing International Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Advantex Marketing International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Advantex Marketing International Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Advantex Marketing International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Advantex Marketing International'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)
=-0.05/132.2623*132.2623
=-0.050

Current CPI (Mar. 2026) = 132.2623.

Advantex Marketing International Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.899 102.002 -1.166
201609 -0.909 101.765 -1.181
201612 -0.931 101.449 -1.214
201703 -1.008 102.634 -1.299
201706 -1.067 103.029 -1.370
201709 -0.211 103.345 -0.270
201712 -0.148 103.345 -0.189
201803 -0.150 105.004 -0.189
201806 -0.156 105.557 -0.195
201809 -0.158 105.636 -0.198
201812 -0.154 105.399 -0.193
201903 -0.165 106.979 -0.204
201906 -0.181 107.690 -0.222
201909 -0.181 107.611 -0.222
201912 -0.191 107.769 -0.234
202003 -0.205 107.927 -0.251
202006 -0.231 108.401 -0.282
202009 -0.250 108.164 -0.306
202012 -0.271 108.559 -0.330
202103 -0.209 110.298 -0.251
202106 -0.224 111.720 -0.265
202109 -0.028 112.905 -0.033
202112 -0.030 113.774 -0.035
202203 -0.029 117.646 -0.033
202206 -0.032 120.806 -0.035
202209 -0.032 120.648 -0.035
202212 -0.033 120.964 -0.036
202303 -0.033 122.702 -0.036
202306 -0.036 124.203 -0.038
202309 -0.037 125.230 -0.039
202312 -0.039 125.072 -0.041
202403 -0.041 126.258 -0.043
202406 -0.039 127.522 -0.040
202409 -0.041 127.285 -0.043
202412 -0.040 127.364 -0.042
202503 -0.041 129.181 -0.042
202506 -0.045 129.892 -0.046
202509 -0.046 130.287 -0.047
202512 -0.048 130.366 -0.049
202603 -0.050 132.262 -0.050

Add all the adjusted book value per share together and divide the count will get our 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.


Advantex Marketing International Business Description

Address 100 King Street West, Suite 1600, Toronto, ON, CAN, M5X 1G5
Advantex Marketing International Inc is a Canada-based company operating in the marketing services industry. The reportable segments include the Merchant Cash Advance (MCA) program and the Aeroplan program. MCA program the company provides merchants with working capital by the pre-purchase of their future sales/receivables. Aeroplan program is managing rewards accelerator programs for affinity groups through which their members earn bonus rewards on purchases at participating merchants.