BLONF (CO2 Gro) Cyclically Adjusted PB Ratio: (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
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What is CO2 Gro Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CO2 Gro  (OTCPK:BLONF) 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.


CO2 Gro Cyclically Adjusted PB Ratio Related Terms


CO2 Gro Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CO2 Gro'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.

CO2 Gro Cyclically Adjusted PB Ratio Chart

CO2 Gro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.42 3.85 22.04

CO2 Gro Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 7.65 12.02 22.04 47.03 0.00

BLONF vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, CO2 Gro'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.


CO2 Gro Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, CO2 Gro's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CO2 Gro's Cyclically Adjusted PB Ratio falls into.



CO2 Gro 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.

CO2 Gro's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, CO2 Gro's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.002/125.2304*125.2304
=0.002

Current CPI (Sep. 2023) = 125.2304.

CO2 Gro Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.055 97.419 0.071
201312 0.163 96.945 0.211
201403 0.161 98.604 0.204
201406 0.090 99.473 0.113
201409 0.012 99.394 0.015
201412 -0.090 98.367 -0.115
201503 -0.131 99.789 -0.164
201506 0.046 100.500 0.057
201509 -0.003 100.421 -0.004
201512 -0.054 99.947 -0.068
201603 -0.057 101.054 -0.071
201606 -0.108 102.002 -0.133
201609 -0.125 101.765 -0.154
201612 0.006 101.449 0.007
201703 -0.010 102.634 -0.012
201706 -0.006 103.029 -0.007
201709 -0.014 103.345 -0.017
201712 -0.007 103.345 -0.008
201803 -0.004 105.004 -0.005
201806 -0.006 105.557 -0.007
201809 -0.004 105.636 -0.005
201812 0.007 105.399 0.008
201903 0.009 106.979 0.011
201906 0.013 107.690 0.015
201909 0.008 107.611 0.009
201912 0.004 107.769 0.005
202003 0.002 107.927 0.002
202006 0.001 108.401 0.001
202009 0.013 108.164 0.015
202012 0.010 108.559 0.012
202103 0.014 110.298 0.016
202106 0.013 111.720 0.015
202109 0.010 112.905 0.011
202112 0.004 113.774 0.004
202203 0.016 117.646 0.017
202206 0.013 120.806 0.013
202209 0.011 120.648 0.011
202212 0.007 120.964 0.007
202303 0.005 122.702 0.005
202309 0.002 125.230 0.002

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.


CO2 Gro Business Description

Address 40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1
CO2 Gro Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.