BRBMF (Big Rock Brewery) Cyclically Adjusted PB Ratio: 0.14 (As of Aug. 22, 2026) — 83% 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.
Reviewed by: Charlie Tian Charlie Tian
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.

BRBMF Big Rock Brewery Inc BRBMF
23 GF Score
Price $0.59
GF Value $0.39
! 7 Warning Signs
View Full Analysis

What is Big Rock Brewery Cyclically Adjusted PB Ratio?

Big Rock Brewery BRBMF 23 Cyclically Adjusted PB Ratio is 0.14 as of Aug. 22, 2026, which is 83% below its 10-year median of 0.81. GuruFocus rates BRBMF with a GF Score™ of 23/100 and a GF Value™ of $0.39. The stock has 7 warning signs investors should review. Among 161 Beverages - Alcoholic companies, Big Rock Brewery ranks better than 95.65% on this metric.

As of today (2026-08-22), Big Rock Brewery's current share price is $0.58585. Big Rock Brewery's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.19. Big Rock Brewery's Cyclically Adjusted PB Ratio for today is 0.14.

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

BRBMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.81   Max: 1.48
Current: 0.13

During the past years, Big Rock Brewery's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.12. And the median was 0.81.

BRBMF's Cyclically Adjusted PB Ratio is ranked better than
95.65% of 161 companies
in the Beverages - Alcoholic industry
Industry Median: 1.4 vs BRBMF: 0.13

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.

Big Rock Brewery's adjusted book value per share data for the three months ended in Mar. 2026 was $0.699. 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 $4.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Big Rock Brewery  (OTCPK:BRBMF) 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.


Big Rock Brewery Cyclically Adjusted PB Ratio Related Terms


Big Rock Brewery Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Big Rock Brewery'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.

Big Rock Brewery Cyclically Adjusted PB Ratio Chart

Big Rock Brewery 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 1.05 0.33 0.26 0.20 0.16

Big Rock Brewery 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 0.19 0.20 0.19 0.16 0.14

BRBMF vs STZ, TAP: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Brewers subindustry, Big Rock Brewery'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.


Big Rock Brewery Cyclically Adjusted PB Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Big Rock Brewery's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BRBMF
23GF Score
Big Rock Brewery Inc BRBMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Big Rock Brewery 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.

Big Rock Brewery's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.58585/4.19
=0.14

* 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.

Big Rock Brewery's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Big Rock Brewery'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)
=0.699/132.2623*132.2623
=0.699

Current CPI (Mar. 2026) = 132.2623.

Big Rock Brewery Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.198 102.002 5.443
201609 4.167 101.765 5.416
201612 4.064 101.449 5.298
201703 3.959 102.634 5.102
201706 4.002 103.029 5.138
201709 4.317 103.345 5.525
201712 4.262 103.345 5.455
201803 4.048 105.004 5.099
201806 4.019 105.557 5.036
201809 4.121 105.636 5.160
201812 4.113 105.399 5.161
201903 3.955 106.979 4.890
201906 4.015 107.690 4.931
201909 4.013 107.611 4.932
201912 3.902 107.769 4.789
202003 3.532 107.927 4.328
202006 3.709 108.401 4.525
202009 3.928 108.164 4.803
202012 3.902 108.559 4.754
202103 3.938 110.298 4.722
202106 4.141 111.720 4.902
202109 4.027 112.905 4.717
202112 3.566 113.774 4.145
202203 3.453 117.646 3.882
202206 3.348 120.806 3.666
202209 3.108 120.648 3.407
202212 2.658 120.964 2.906
202303 2.597 122.702 2.799
202306 2.672 124.203 2.845
202309 2.605 125.230 2.751
202312 2.408 125.072 2.546
202403 2.061 126.258 2.159
202406 2.052 127.522 2.128
202409 1.985 127.285 2.063
202412 0.922 127.364 0.957
202503 0.730 129.181 0.747
202506 0.775 129.892 0.789
202509 0.764 130.287 0.776
202512 0.745 130.366 0.756
202603 0.699 132.262 0.699

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 0.14 mean?
Big Rock Brewery (BRBMF) has a Cyclically Adjusted PB Ratio of 0.14 as of Aug. 22, 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 Big Rock Brewery and its competitors. This is 83% below median its historical median of 0.81. Over the past decade, Big Rock Brewery's Cyclically Adjusted PB Ratio has ranged from 0.12 to 1.48. According to the industry distribution chart, Big Rock Brewery ranks #7 out of 161 companies in the Beverages - Alcoholic industry, placing it in the top 4.3%.
Is Big Rock Brewery's Cyclically Adjusted PB Ratio too high?
Big Rock Brewery's current Cyclically Adjusted PB Ratio of 0.14 is 83% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.48. The Beverages - Alcoholic industry median Cyclically Adjusted PB Ratio is 1.40. Big Rock Brewery's value of 0.14 is 90% below this industry median. Based on the distribution chart, Big Rock Brewery ranks #7 out of 161 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Big Rock Brewery has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Big Rock Brewery's Cyclically Adjusted PB Ratio compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Big Rock Brewery ranks #7 out of 161 companies for Cyclically Adjusted PB Ratio. This places Big Rock Brewery in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.40. Big Rock Brewery's value of 0.14 is 90% below this benchmark. Historically, Big Rock Brewery's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 1.48 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.40, Big Rock Brewery 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 Beverages - Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Alcoholic companies is 1.40, based on 161 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. Big Rock Brewery's current Cyclically Adjusted PB Ratio of 0.14 is 90% 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 Big Rock Brewery and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Big Rock Brewery's current Cyclically Adjusted PB Ratio is 0.14, which is 83% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Rock Brewery stock overvalued right now?
Big Rock Brewery (BRBMF) has a current Cyclically Adjusted PB Ratio of 0.14. The stock's GF Value™ is $0.39, compared to a current price of $0.59 — trading 50.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.14, which is 83% below median its 10-year median of 0.81 and 90% below the Beverages - Alcoholic industry median of 1.40. Big Rock Brewery's overall GF Score™ is 23/100 with 7 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 Big Rock Brewery (BRBMF), the current Cyclically Adjusted PB Ratio is 0.14 as of Aug. 22, 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 Big Rock Brewery (BRBMF) Overvalued in 2026?

Based on GuruFocus' analysis, Big Rock Brewery stock appears to be overvalued. The current stock price of $0.59 is trading 50.2% above its estimated GF Value™ of $0.39.

Key valuation signals for BRBMF:

  • Cyclically Adjusted PB Ratio: 0.14 (83% below median its 10-year median of 0.81)
  • GF Value™: $0.39 vs. price of $0.59 (50.2% above fair value)
  • GF Score™: 23/100 with 7 warning signs
  • Industry Position: 90% below the Beverages - Alcoholic median (#7 of 161)

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


Big Rock Brewery Business Description

Other Exchanges BR:Canada
Address 5555 - 76th Avenue SE, Calgary, AB, CAN, T2C 4L8
Big Rock Brewery Inc is a producer of premium, all-natural craft beers, cider, and other alcoholic and non-alcoholic beverages.. It operates in two segments: the wholesale segment, which manufactures and distributes beer, cider, and other alcoholic beverages to and through, provincial liquor boards which are subsequently sold to end consumers; and the retail segment, which sells beverages, food, and merchandise to end consumers on premises owned and/or operated by the company. Its brands include Big Rock, Tree Brewing, Pacer, Rock Creek Cider, Dukes Cider, AGD, Shaftebury, Bow Valley, White Peaks, and Cottage Springs. It also produces an ongoing selection of seasonal beers and ciders as well as beer and RTD products under co-packaging and "white label" contract arrangements.
23GF Score

Get the complete analysis for BRBMF

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

$0.59
Price
$0.39
GF Value