CGEAF (Cogeco Communications) Cyclically Adjusted PB Ratio: 0.99 (As of Aug. 06, 2026) — 57% Below Median

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CGEAF Cogeco Communications Inc CGEAF
68 GF Score
Price $42.31
GF Value $44.04
Valuation Fairly Valued
! 8 Warning Signs
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What is Cogeco Communications Cyclically Adjusted PB Ratio?

Cogeco Communications CGEAF 68 Cyclically Adjusted PB Ratio is 0.99 as of Aug. 06, 2026, which is 57% below its 10-year median of 2.32. GuruFocus rates CGEAF with a GF Score™ of 68/100 and a GF Value™ of $44.04 (Fairly Valued). The stock has 8 warning signs investors should review. Among 290 Telecommunication Services companies, Cogeco Communications ranks better than 67.59% on this metric.

As of today (2026-08-06), Cogeco Communications's current share price is $42.31. Cogeco Communications's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was $42.77. Cogeco Communications's Cyclically Adjusted PB Ratio for today is 0.99.

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

CGEAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 2.32   Max: 3.64
Current: 1

During the past years, Cogeco Communications's highest Cyclically Adjusted PB Ratio was 3.64. The lowest was 0.99. And the median was 2.32.

CGEAF's Cyclically Adjusted PB Ratio is ranked better than
67.59% of 290 companies
in the Telecommunication Services industry
Industry Median: 1.705 vs CGEAF: 1.00

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.

Cogeco Communications's adjusted book value per share data for the three months ended in May. 2026 was $32.097. 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 $42.77 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogeco Communications  (OTCPK:CGEAF) 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.


Cogeco Communications Cyclically Adjusted PB Ratio Related Terms


Cogeco Communications Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cogeco Communications'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.

Cogeco Communications Cyclically Adjusted PB Ratio Chart

Cogeco Communications Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 1.82 1.36 1.21 1.12

Cogeco Communications Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.22 1.12 1.17 1.22 1.11

CGEAF vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CGEAF
68GF Score
Cogeco Communications Inc CGEAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cogeco Communications 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.

Cogeco Communications's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.31/42.77
=0.99

* 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.

Cogeco Communications's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Cogeco Communications's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=32.097/134.0005*134.0005
=32.097

Current CPI (May. 2026) = 134.0005.

Cogeco Communications Quarterly Data

Book Value per Share CPI Adj_Book
201608 21.506 101.686 28.340
201611 21.683 101.607 28.596
201702 23.144 102.476 30.264
201705 23.180 103.108 30.125
201708 25.623 103.108 33.300
201711 26.195 103.740 33.836
201802 29.972 104.688 38.364
201805 30.042 105.399 38.194
201808 30.896 106.031 39.046
201811 31.362 105.478 39.843
201902 31.834 106.268 40.142
201905 32.747 107.927 40.658
201908 33.543 108.085 41.585
201911 34.510 107.769 42.910
202002 34.866 108.559 43.037
202005 33.802 107.532 42.122
202008 35.778 108.243 44.292
202011 37.389 108.796 46.051
202102 39.225 109.745 47.895
202105 41.007 111.404 49.325
202108 40.920 112.668 48.668
202111 42.383 113.932 49.848
202202 43.480 115.986 50.233
202205 44.601 120.016 49.798
202208 46.530 120.569 51.714
202211 46.699 121.675 51.430
202302 47.873 122.070 52.552
202305 48.329 124.045 52.208
202308 49.552 125.389 52.955
202311 49.423 125.468 52.784
202402 51.804 125.468 55.327
202405 51.850 127.601 54.451
202408 51.926 127.838 54.429
202411 52.729 127.838 55.271
202502 52.757 128.786 54.893
202505 53.537 129.813 55.264
202508 54.399 130.208 55.983
202511 54.665 130.682 56.053
202602 56.177 131.077 57.430
202605 32.097 134.001 32.097

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 0.99 mean?
Cogeco Communications (CGEAF) has a Cyclically Adjusted PB Ratio of 0.99 as of Aug. 06, 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 Cogeco Communications and its competitors. This is 57% below median its historical median of 2.32. Over the past decade, Cogeco Communications' Cyclically Adjusted PB Ratio has ranged from 0.99 to 3.64. According to the industry distribution chart, Cogeco Communications ranks #94 out of 290 companies in the Telecommunication Services industry, placing it in the top 32.4%.
Is Cogeco Communications' Cyclically Adjusted PB Ratio too high?
Cogeco Communications' current Cyclically Adjusted PB Ratio of 0.99 is 57% below median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 3.64. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.71. Cogeco Communications' value of 0.99 is 41.9% below this industry median. Based on the distribution chart, Cogeco Communications ranks #94 out of 290 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Cogeco Communications has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cogeco Communications' Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Cogeco Communications ranks #94 out of 290 companies for Cyclically Adjusted PB Ratio. This puts Cogeco Communications in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. Cogeco Communications' value of 0.99 is 41.9% below this benchmark. Historically, Cogeco Communications' own Cyclically Adjusted PB Ratio has ranged from 0.99 to 3.64 over the past decade. While the company's 10-year median is 2.32 vs. the industry median of 1.71, Cogeco Communications 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.71, based on 290 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. Cogeco Communications's current Cyclically Adjusted PB Ratio of 0.99 is 41.9% 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 Cogeco Communications and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogeco Communications's current Cyclically Adjusted PB Ratio is 0.99, which is 57% below median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogeco Communications stock overvalued right now?
Based on GuruFocus' analysis, Cogeco Communications (CGEAF) is currently considered Fairly Valued. The stock's GF Value™ is $44.04, compared to a current price of $42.31 — trading 3.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 57% below median its 10-year median of 2.32 and 41.9% below the Telecommunication Services industry median of 1.71. Cogeco Communications' overall GF Score™ is 68/100 with 8 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 Cogeco Communications (CGEAF), the current Cyclically Adjusted PB Ratio is 0.99 as of Aug. 06, 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 Cogeco Communications (CGEAF) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco Communications stock appears to be undervalued. The current stock price of $42.31 is trading 3.9% below its estimated GF Value™ of $44.04. GuruFocus considers Cogeco Communications to be Fairly Valued.

Key valuation signals for CGEAF:

  • Cyclically Adjusted PB Ratio: 0.99 (57% below median its 10-year median of 2.32)
  • GF Value™: $44.04 vs. price of $42.31 (3.9% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 41.9% below the Telecommunication Services median (#94 of 290)

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


Cogeco Communications Business Description

Other Exchanges COG:GermanyCCA:Canada
Address 1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications is a telecom service provider in Canada and the US, specifically in rural and suburban geographies. It offers wireline services such as broadband internet, TV, and landline phone services. In Canada, the firm operates under its Cogeco Connexion and Oxio brands, reaching roughly 2.1 million homes and businesses throughout Ontario and Quebec. In the US, Cogeco operates under its Breezeline brand throughout the East Coast, Pennsylvania, and Ohio, reaching 1.8 million homes and businesses. Cogeco is expanding its offerings to include consumer wireless services, operating as a mobile virtual network operator.
68GF Score

Get the complete analysis for CGEAF

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

$42.31
Price
$44.04
GF Value