BBRDF (Blackbird) Cyclically Adjusted PB Ratio: 0.60 (As of Jul. 16, 2026) — 79% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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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Charlie Tian
Charlie Tian
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.

What is Blackbird Cyclically Adjusted PB Ratio?

Blackbird BBRDF Cyclically Adjusted PB Ratio is 0.60 as of Jul. 16, 2026, which is 79% below its 10-year median of 2.87. The stock has 4 warning signs investors should review. Among 1,598 Software companies, Blackbird ranks better than 84.61% on this metric.

As of today (2026-07-16), Blackbird's current share price is $0.0238. Blackbird's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.04. Blackbird's Cyclically Adjusted PB Ratio for today is 0.60.

The historical rank and industry rank for Blackbird's Cyclically Adjusted PB Ratio or its related term are showing as below:

BBRDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 2.87   Max: 12.83
Current: 0.59

During the past 13 years, Blackbird's highest Cyclically Adjusted PB Ratio was 12.83. The lowest was 0.55. And the median was 2.87.

BBRDF's Cyclically Adjusted PB Ratio is ranked better than
84.61% of 1598 companies
in the Software industry
Industry Median: 2.31 vs BBRDF: 0.59

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.

Blackbird's adjusted book value per share data of for the fiscal year that ended in Dec25 was $0.020. 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 $0.04 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackbird  (OTCPK:BBRDF) 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.


Blackbird Cyclically Adjusted PB Ratio Related Terms


Blackbird Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Blackbird'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.

Blackbird Cyclically Adjusted PB Ratio Chart

Blackbird Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.18 3.90 1.88 1.64 0.82

Blackbird Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.88 0.00 1.64 0.00 0.82

BBRDF vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Blackbird'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.


Blackbird Cyclically Adjusted PB Ratio vs Software Industry

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

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



Blackbird 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.

Blackbird's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0238/0.04
=0.60

* 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.

Blackbird's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Blackbird's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.02/139.9000*139.9000
=0.020

Current CPI (Dec25) = 139.9000.

Blackbird Annual Data

Book Value per Share CPI Adj_Book
201612 0.035 102.200 0.048
201712 0.020 105.000 0.027
201812 0.024 107.100 0.031
201912 0.034 108.500 0.044
202012 0.028 109.400 0.036
202112 0.047 114.700 0.057
202212 0.037 125.300 0.041
202312 0.030 130.500 0.032
202412 0.025 135.100 0.026
202512 0.020 139.900 0.020

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.

What does a Cyclically Adjusted PB Ratio of 0.60 mean?
Blackbird (BBRDF) has a Cyclically Adjusted PB Ratio of 0.60 as of Jul. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Blackbird and its competitors. This is 79% below median its historical median of 2.87. Over the past decade, Blackbird's Cyclically Adjusted PB Ratio has ranged from 0.55 to 12.83. According to the industry distribution chart, Blackbird ranks #246 out of 1598 companies in the Software industry, placing it in the top 15.4%.
Is Blackbird's Cyclically Adjusted PB Ratio too high?
Blackbird's current Cyclically Adjusted PB Ratio of 0.60 is 79% below median its 10-year median of 2.87. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 12.83. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Blackbird's value of 0.60 is 74% below this industry median. Based on the distribution chart, Blackbird ranks #246 out of 1598 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Blackbird's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Blackbird ranks #246 out of 1598 companies for Cyclically Adjusted PB Ratio. This places Blackbird in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.31. Blackbird's value of 0.60 is 74% below this benchmark. Historically, Blackbird's own Cyclically Adjusted PB Ratio has ranged from 0.55 to 12.83 over the past decade. While the company's 10-year median is 2.87 vs. the industry median of 2.31, Blackbird has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.31, based on 1,598 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackbird's current Cyclically Adjusted PB Ratio of 0.60 is 74% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Blackbird and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackbird's current Cyclically Adjusted PB Ratio is 0.60, which is 79% below median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackbird stock overvalued right now?
Based on GuruFocus' analysis, Blackbird (BBRDF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.04, compared to a current price of $0.02 — trading 40.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.60, which is 79% below median its 10-year median of 2.87 and 74% below the Software industry median of 2.31. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Blackbird (BBRDF), the current Cyclically Adjusted PB Ratio is 0.60 as of Jul. 16, 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.

Blackbird Business Description

Other Exchanges BIRD:UKFBD:Germany
Address 15-19 Bloomsbury Way, LABS House, London, GBR, WC1A 2TH
Blackbird PLC operates in the SaaS and cloud video market. It professional cloud video editing and publishing platform. Enabling remote editing, Blackbird provides rapid access to video content for the easy creation of clips, highlights, and longer form content to multiple devices and platforms.The group generates revenue in respect of the sale of Cloud-based professional video editing software. The product is sold using a software licensing and delivery model in which the software is licensed on a subscription basis. The company manages business as a single business segment. Geographically, the company operates in the UK, North America, Europe, and Rest of World, with the maximum or revenue from North America.