BTRCF (Better Collective AS) Cyclically Adjusted PB Ratio: 2.67 (As of Jul. 16, 2026) — 43% Above Median

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BTRCF Better Collective AS BTRCF
95 GF Score
Price $15.39
GF Value $19.69
! 5 Warning Signs
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What is Better Collective AS Cyclically Adjusted PB Ratio?

Better Collective AS BTRCF 95 Cyclically Adjusted PB Ratio is 2.67 as of Jul. 16, 2026, which is 43% above its 10-year median of 1.87. GuruFocus rates BTRCF with a GF Score™ of 95/100 and a GF Value™ of $19.69. The stock has 5 warning signs investors should review. Among 1,597 Software companies, Better Collective AS ranks better than 59.61% on this metric.

As of today (2026-07-16), Better Collective AS's current share price is $15.3896. Better Collective AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.76. Better Collective AS's Cyclically Adjusted PB Ratio for today is 2.67.

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

BTRCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 1.87   Max: 2.15
Current: 1.75

During the past years, Better Collective AS's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 1.75. And the median was 1.87.

BTRCF's Cyclically Adjusted PB Ratio is ranked better than
59.61% of 1597 companies
in the Software industry
Industry Median: 2.31 vs BTRCF: 1.75

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.

Better Collective AS's adjusted book value per share data for the three months ended in Mar. 2026 was $12.724. 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 $5.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Better Collective AS  (OTCPK:BTRCF) 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.


Better Collective AS Cyclically Adjusted PB Ratio Related Terms


Better Collective AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Better Collective AS'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.

Better Collective AS Cyclically Adjusted PB Ratio Chart

Better Collective AS 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 0.00 0.00 0.00 0.00 0.00

Better Collective AS 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 2.03

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

For the Software - Application subindustry, Better Collective AS'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.


Better Collective AS Cyclically Adjusted PB Ratio vs Software Industry

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

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


BTRCF
95GF Score
Better Collective AS BTRCF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Better Collective AS 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.

Better Collective AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.3896/5.76
=2.67

* 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.

Better Collective AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Better Collective AS'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)
=12.724/121.6800*121.6800
=12.724

Current CPI (Mar. 2026) = 121.6800.

Better Collective AS Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 99.400 0.000
201512 0.130 99.800 0.159
201612 0.164 100.300 0.199
201703 0.000 101.200 0.000
201706 0.000 101.200 0.000
201709 0.000 101.800 0.000
201712 0.450 101.300 0.541
201803 0.509 101.700 0.609
201806 2.301 102.300 2.737
201809 2.369 102.400 2.815
201812 2.413 102.100 2.876
201903 2.499 102.900 2.955
201906 2.708 102.900 3.202
201909 2.761 102.900 3.265
201912 3.310 102.900 3.914
202003 3.428 103.300 4.038
202006 3.541 103.200 4.175
202009 3.768 103.500 4.430
202012 4.216 103.400 4.961
202103 4.378 104.300 5.108
202106 7.397 105.000 8.572
202109 7.231 105.800 8.316
202112 7.192 106.600 8.209
202203 7.495 109.900 8.298
202206 7.760 113.600 8.312
202209 7.580 116.400 7.924
202212 8.019 115.900 8.419
202303 8.375 117.300 8.688
202306 8.635 116.400 9.027
202309 8.678 117.400 8.994
202312 8.793 116.700 9.168
202403 11.552 118.400 11.872
202406 11.642 118.500 11.954
202409 11.571 118.900 11.842
202412 11.592 118.900 11.863
202503 11.866 120.200 12.012
202506 12.200 120.700 12.299
202509 12.339 121.600 12.347
202512 12.591 121.200 12.641
202603 12.724 121.680 12.724

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 2.67 mean?
Better Collective AS (BTRCF) has a Cyclically Adjusted PB Ratio of 2.67 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 Better Collective AS and its competitors. This is 43% above median its historical median of 1.87. Over the past decade, Better Collective AS's Cyclically Adjusted PB Ratio has ranged from 1.75 to 2.15. According to the industry distribution chart, Better Collective AS ranks #645 out of 1597 companies in the Software industry, placing it in the top 40.4%.
Is Better Collective AS's Cyclically Adjusted PB Ratio too high?
Better Collective AS's current Cyclically Adjusted PB Ratio of 2.67 is 43% above median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 2.15. The Software industry median Cyclically Adjusted PB Ratio is 2.31. Better Collective AS's value of 2.67 is 15.6% above this industry median. Based on the distribution chart, Better Collective AS ranks #645 out of 1597 companies in the Software industry, which is above the industry midpoint. Overall, Better Collective AS has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Better Collective AS's Cyclically Adjusted PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Better Collective AS ranks #645 out of 1597 companies for Cyclically Adjusted PB Ratio. This puts Better Collective AS in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.31. Better Collective AS's value of 2.67 is 15.6% above this benchmark. Historically, Better Collective AS's own Cyclically Adjusted PB Ratio has ranged from 1.75 to 2.15 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 2.31, Better Collective AS has consistently been above 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 1,597 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. Better Collective AS's current Cyclically Adjusted PB Ratio of 2.67 is 15.6% above 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 Better Collective AS 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. Better Collective AS's current Cyclically Adjusted PB Ratio is 2.67, which is 43% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Better Collective AS stock overvalued right now?
Better Collective AS (BTRCF) has a current Cyclically Adjusted PB Ratio of 2.67. The stock's GF Value™ is $19.69, compared to a current price of $15.39 — trading 21.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.67, which is 43% above median its 10-year median of 1.87 and 15.6% above the Software industry median of 2.31. Better Collective AS's overall GF Score™ is 95/100 with 5 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 Better Collective AS (BTRCF), the current Cyclically Adjusted PB Ratio is 2.67 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.

Is Better Collective AS (BTRCF) Overvalued in 2026?

Based on GuruFocus' analysis, Better Collective AS stock appears to be undervalued. The current stock price of $15.39 is trading 21.8% below its estimated GF Value™ of $19.69.

Key valuation signals for BTRCF:

  • Cyclically Adjusted PB Ratio: 2.67 (43% above median its 10-year median of 1.87)
  • GF Value™: $19.69 vs. price of $15.39 (21.8% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 15.6% above the Software median (#645 of 1597)

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


Better Collective AS Business Description

Address Sankt Annae Plads 26-28, Copenhagen K, DNK, 1250
Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing, Paid Media and Esports. It generates maximum revenue from the Publishing segment. The publishing business segment includes revenue from Collective's proprietary online platforms and media partnerships, where online traffic comes either directly or through organic search results.
95GF 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.

$15.39
Price
$19.69
GF Value