BNC (CEA Industries) Cyclically Adjusted PB Ratio: 1.27 (As of Jul. 25, 2026) — 13% Below Median

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BNC CEA Industries Inc BNC
28 GF Score
Price $2.79
! 2 Warning Signs
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What is CEA Industries Cyclically Adjusted PB Ratio?

CEA Industries BNC -2.45% 28 Cyclically Adjusted PB Ratio is 1.27 as of Jul. 25, 2026, which is 13% below its 10-year median of 1.46. GuruFocus rates BNC with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, CEA Industries ranks better than 56.63% on this metric.

As of today (2026-07-25), CEA Industries's current share price is $2.79. CEA Industries's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $2.20. CEA Industries's Cyclically Adjusted PB Ratio for today is 1.27.

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

BNC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.46   Max: 5.72
Current: 1.27

During the past years, CEA Industries's highest Cyclically Adjusted PB Ratio was 5.72. The lowest was 0.93. And the median was 1.46.

BNC's Cyclically Adjusted PB Ratio is ranked better than
56.63% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.64 vs BNC: 1.27

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.

CEA Industries's adjusted book value per share data for the three months ended in Apr. 2026 was $7.153. 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 $2.20 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEA Industries  (NAS:BNC) 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.


CEA Industries Cyclically Adjusted PB Ratio Related Terms


CEA Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CEA Industries'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.

CEA Industries Cyclically Adjusted PB Ratio Chart

CEA Industries Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.42

CEA Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jul25 Oct25 Jan26 Apr26
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 6.29 1.42

BNC vs XOS, SCAG, GENC: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, CEA Industries'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.


CEA Industries Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CEA Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BNC
28GF Score
CEA Industries Inc BNC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CEA Industries 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.

CEA Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.79/2.20
=1.27

* 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.

CEA Industries's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, CEA Industries's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=7.153/333.0200*333.0200
=7.153

Current CPI (Apr. 2026) = 333.0200.

CEA Industries Quarterly Data

Book Value per Share CPI Adj_Book
201606 -33.728 241.018 -46.603
201609 -41.975 241.428 -57.899
201612 -23.730 241.432 -32.732
201703 7.794 243.801 10.646
201706 -0.157 244.955 -0.213
201709 1.343 246.819 1.812
201712 12.270 246.524 16.575
201803 7.227 249.554 9.644
201806 9.073 251.989 11.991
201809 8.444 252.439 11.139
201812 1.552 251.233 2.057
201903 -2.778 254.202 -3.639
201906 -0.024 256.143 -0.031
201909 2.614 256.759 3.390
201912 -2.803 256.974 -3.632
202003 -4.855 258.115 -6.264
202006 -8.977 257.797 -11.596
202009 -10.855 260.280 -13.889
202012 -10.183 260.474 -13.019
202103 -14.695 264.877 -18.475
202106 -12.462 271.696 -15.275
202109 -25.455 274.310 -30.903
202112 -26.850 278.802 -32.071
202203 28.897 287.504 33.472
202206 25.831 296.311 29.031
202209 24.344 296.808 27.314
202212 22.466 296.797 25.208
202303 21.844 301.836 24.101
202306 20.835 305.109 22.741
202309 19.672 307.789 21.285
202312 18.218 306.746 19.778
202403 16.699 312.332 17.805
202406 13.818 314.175 14.647
202409 12.883 315.301 13.607
202412 11.599 315.605 12.239
202503 10.233 319.799 10.656
202507 8.023 323.048 8.271
202510 10.699 0.000
202601 8.355 325.252 8.555
202604 7.153 333.020 7.153

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 1.27 mean?
CEA Industries (BNC) has a Cyclically Adjusted PB Ratio of 1.27 as of Jul. 25, 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 CEA Industries and its competitors. This is 13% below median its historical median of 1.46. Over the past decade, CEA Industries' Cyclically Adjusted PB Ratio has ranged from 0.93 to 5.72. According to the industry distribution chart, CEA Industries ranks #72 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 43.4%.
Is CEA Industries' Cyclically Adjusted PB Ratio too high?
CEA Industries' current Cyclically Adjusted PB Ratio of 1.27 is 13% below median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 5.72. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.64. CEA Industries' value of 1.27 is 22.6% below this industry median. Based on the distribution chart, CEA Industries ranks #72 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, CEA Industries has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does CEA Industries' Cyclically Adjusted PB Ratio compare to XOS and SCAG?
According to the Farm & Heavy Construction Machinery industry distribution chart, CEA Industries ranks #72 out of 166 companies for Cyclically Adjusted PB Ratio. This puts CEA Industries in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. CEA Industries' value of 1.27 is 22.6% below this benchmark. Historically, CEA Industries' own Cyclically Adjusted PB Ratio has ranged from 0.93 to 5.72 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.64, CEA Industries 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.64, based on 166 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. CEA Industries's current Cyclically Adjusted PB Ratio of 1.27 is 22.6% 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 CEA Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEA Industries's current Cyclically Adjusted PB Ratio is 1.27, which is 13% below median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEA Industries stock overvalued right now?
CEA Industries (BNC) has a current Cyclically Adjusted PB Ratio of 1.27. The current Cyclically Adjusted PB Ratio is 1.27, which is 13% below median its 10-year median of 1.46 and 22.6% below the Farm & Heavy Construction Machinery industry median of 1.64. CEA Industries' overall GF Score™ is 28/100 with 2 warning signs to review. 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 CEA Industries (BNC), the current Cyclically Adjusted PB Ratio is 1.27 as of Jul. 25, 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.

CEA Industries Business Description

Address 385 South Pierce Avenue, Suite C, Louisville, CO, USA, 80027
CEA Industries Inc through its subsidiary is focused on selling environmental control and other technologies and services to the Controlled Environment Agriculture ("CEA") industry. The company provides integrated mechanical, electrical, and plumbing ("MEP") engineering design, proprietary and curated environmental control equipment, and automation offerings that serve the CEA industry. The Company has one operating segment that is dedicated to the manufacture and sale of its products.
28GF Score

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

$2.79
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