CBYDF (Corby Spirit and Wine) Cyclically Adjusted PB Ratio: 1.94 (As of Sep. 16, 2026) — 14% Below Median

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CBYDF Corby Spirit and Wine Ltd CBYDF
82 GF Score
Price $11.02
GF Value $11.35
Valuation Fairly Valued
! 5 Warning Signs
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What is Corby Spirit and Wine Cyclically Adjusted PB Ratio?

Corby Spirit and Wine CBYDF -0.18% 82 Cyclically Adjusted PB Ratio is 1.94 as of Sep. 16, 2026, which is 14% below its 10-year median of 2.25. GuruFocus rates CBYDF with a GF Score™ of 82/100 and a GF Value™ of $11.35 (Fairly Valued). The stock has 5 warning signs investors should review. Among 155 Beverages - Alcoholic companies, Corby Spirit and Wine ranks worse than 63.23% on this metric.

As of today (2026-09-16), Corby Spirit and Wine's current share price is $11.02. Corby Spirit and Wine's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $5.68. Corby Spirit and Wine's Cyclically Adjusted PB Ratio for today is 1.94.

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

CBYDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 2.25   Max: 2.95
Current: 2.05

During the past years, Corby Spirit and Wine's highest Cyclically Adjusted PB Ratio was 2.95. The lowest was 1.67. And the median was 2.25.

CBYDF's Cyclically Adjusted PB Ratio is ranked worse than
63.23% of 155 companies
in the Beverages - Alcoholic industry
Industry Median: 1.36 vs CBYDF: 2.05

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.

Corby Spirit and Wine's adjusted book value per share data for the three months ended in Jun. 2026 was $4.918. 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 $5.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corby Spirit and Wine  (OTCPK:CBYDF) 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.


Corby Spirit and Wine Cyclically Adjusted PB Ratio Related Terms


Corby Spirit and Wine Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Corby Spirit and Wine'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.

Corby Spirit and Wine Cyclically Adjusted PB Ratio Chart

Corby Spirit and Wine Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 1.80 1.68 1.82 2.03

Corby Spirit and Wine Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.80 1.80 1.90 1.79 2.00

CBYDF vs BF.B: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Corby Spirit and Wine'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.


Corby Spirit and Wine Cyclically Adjusted PB Ratio vs Beverages - Alcoholic Industry

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

* The bar in red indicates where Corby Spirit and Wine's Cyclically Adjusted PB Ratio falls into.


CBYDF
82GF Score
Corby Spirit and Wine Ltd CBYDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corby Spirit and Wine 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.

Corby Spirit and Wine's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.02/5.676
=1.94

* 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.

Corby Spirit and Wine's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Corby Spirit and Wine's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.918/133.5265*133.5265
=4.918

Current CPI (Jun. 2026) = 133.5265.

Corby Spirit and Wine Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.597 101.765 6.032
201612 4.542 101.449 5.978
201703 4.503 102.634 5.858
201706 4.795 103.029 6.214
201709 4.982 103.345 6.437
201712 4.965 103.345 6.415
201803 4.791 105.004 6.092
201806 4.932 105.557 6.239
201809 5.031 105.636 6.359
201812 4.461 105.399 5.651
201903 4.520 106.979 5.642
201906 4.545 107.690 5.635
201909 4.498 107.611 5.581
201912 4.643 107.769 5.753
202003 4.209 107.927 5.207
202006 4.452 108.401 5.484
202009 4.682 108.164 5.780
202012 4.960 108.559 6.101
202103 5.042 110.298 6.104
202106 5.327 111.720 6.367
202109 5.242 112.905 6.199
202112 5.320 113.774 6.244
202203 5.321 117.646 6.039
202206 4.989 120.806 5.514
202209 4.710 120.648 5.213
202212 4.837 120.964 5.339
202303 4.790 122.702 5.213
202306 4.778 124.203 5.137
202309 4.828 125.230 5.148
202312 5.273 125.072 5.629
202403 5.110 126.258 5.404
202406 5.078 127.522 5.317
202409 5.235 127.285 5.492
202412 4.969 127.364 5.209
202503 4.916 129.181 5.081
202506 5.189 129.892 5.334
202509 5.201 130.287 5.330
202512 5.107 130.366 5.231
202603 5.051 132.262 5.099
202606 4.918 133.527 4.918

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 1.94 mean?
Corby Spirit and Wine (CBYDF) has a Cyclically Adjusted PB Ratio of 1.94 as of Sep. 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 Corby Spirit and Wine and its competitors. This is 14% below median its historical median of 2.25. Over the past decade, Corby Spirit and Wine's Cyclically Adjusted PB Ratio has ranged from 1.67 to 2.95. According to the industry distribution chart, Corby Spirit and Wine ranks #98 out of 155 companies in the Beverages - Alcoholic industry, placing it in the top 63.2%.
Is Corby Spirit and Wine's Cyclically Adjusted PB Ratio too high?
Corby Spirit and Wine's current Cyclically Adjusted PB Ratio of 1.94 is 14% below median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 2.95. The Beverages - Alcoholic industry median Cyclically Adjusted PB Ratio is 1.36. Corby Spirit and Wine's value of 1.94 is 42.6% above this industry median. Based on the distribution chart, Corby Spirit and Wine ranks #98 out of 155 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Corby Spirit and Wine has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corby Spirit and Wine's Cyclically Adjusted PB Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Corby Spirit and Wine ranks #98 out of 155 companies for Cyclically Adjusted PB Ratio. This places Corby Spirit and Wine in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.36. Corby Spirit and Wine's value of 1.94 is 42.6% above this benchmark. Historically, Corby Spirit and Wine's own Cyclically Adjusted PB Ratio has ranged from 1.67 to 2.95 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.36, Corby Spirit and Wine 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 Beverages - Alcoholic company?
The median Cyclically Adjusted PB Ratio among Beverages - Alcoholic companies is 1.36, based on 155 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. Corby Spirit and Wine's current Cyclically Adjusted PB Ratio of 1.94 is 42.6% 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 Corby Spirit and Wine and its competitors. For the Beverages - Alcoholic industry, the median Cyclically Adjusted PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corby Spirit and Wine's current Cyclically Adjusted PB Ratio is 1.94, which is 14% below median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corby Spirit and Wine stock overvalued right now?
Based on GuruFocus' analysis, Corby Spirit and Wine (CBYDF) is currently considered Fairly Valued. The stock's GF Value™ is $11.35, compared to a current price of $11.02 — trading 2.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.94, which is 14% below median its 10-year median of 2.25 and 42.6% above the Beverages - Alcoholic industry median of 1.36. Corby Spirit and Wine's overall GF Score™ is 82/100 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 Corby Spirit and Wine (CBYDF), the current Cyclically Adjusted PB Ratio is 1.94 as of Sep. 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 Corby Spirit and Wine (CBYDF) Overvalued in 2026?

Based on GuruFocus' analysis, Corby Spirit and Wine stock appears to be undervalued. The current stock price of $11.02 is trading 2.9% below its estimated GF Value™ of $11.35. GuruFocus considers Corby Spirit and Wine to be Fairly Valued.

Key valuation signals for CBYDF:

  • Cyclically Adjusted PB Ratio: 1.94 (14% below median its 10-year median of 2.25)
  • GF Value™: $11.35 vs. price of $11.02 (2.9% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 42.6% above the Beverages - Alcoholic median (#98 of 155)

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


Corby Spirit and Wine Business Description

Address 225 King Street West, Suite 1100, Toronto, ON, CAN, M5V 3M2
Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer, and importer of spirits, wines, and ready-to-drink cocktails. The company derives its revenues from the sale of its owned brands in Canada and other international markets, as well as earning commissions from representing selected non-owned brands in the Canadian market. It has two reportable segments: Case Goods and Commissions. Maximum revenue is generated from its Case Goods segment, which is involved in the production and distribution of its owned beverage alcohol brands. Corby's portfolio of owned brands includes J. P. Wiser's Canadian whisky, Lamb's rum, Polar Ice vodka, McGuinness liqueurs, and Cottage Springs and Nude RTD beverages. Geographically, it derives key revenue from Canada, followed by the USA, UK, and others.
82GF Score

Get the complete analysis for CBYDF

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

$11.02
Price
$11.35
GF Value