CGECF (Cogeco) Cyclically Adjusted PB Ratio: 0.95 (As of Jul. 15, 2026) — 51% Below Median

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CGECF Cogeco Inc CGECF
69 GF Score
Price $44.10
GF Value $49.56
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Cogeco Cyclically Adjusted PB Ratio?

Cogeco CGECF 69 Cyclically Adjusted PB Ratio is 0.95 as of Jul. 15, 2026, which is 51% below its 10-year median of 1.94. GuruFocus rates CGECF with a GF Score™ of 69/100 and a GF Value™ of $49.56 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 289 Telecommunication Services companies, Cogeco ranks better than 68.51% on this metric.

As of today (2026-07-15), Cogeco's current share price is $44.10. Cogeco's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was $46.20. Cogeco's Cyclically Adjusted PB Ratio for today is 0.95.

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

CGECF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.94   Max: 3.28
Current: 0.99

During the past years, Cogeco's highest Cyclically Adjusted PB Ratio was 3.28. The lowest was 0.87. And the median was 1.94.

CGECF's Cyclically Adjusted PB Ratio is ranked better than
68.51% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.83 vs CGECF: 0.99

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's adjusted book value per share data for the three months ended in Feb. 2026 was $68.626. 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 $46.20 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogeco  (OTCPK:CGECF) 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 Cyclically Adjusted PB Ratio Related Terms


Cogeco Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cogeco'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 Cyclically Adjusted PB Ratio Chart

Cogeco 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 2.31 1.40 1.01 0.98 1.00

Cogeco Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.02 1.11 1.00 1.04 1.17

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

For the Telecom Services subindustry, Cogeco'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 Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

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

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


CGECF
69GF Score
Cogeco Inc CGECF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.10/46.20
=0.95

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=68.626/131.0772*131.0772
=68.626

Current CPI (Feb. 2026) = 131.0772.

Cogeco Quarterly Data

Book Value per Share CPI Adj_Book
201605 24.139 101.765 31.092
201608 23.034 101.686 29.692
201611 23.483 101.607 30.294
201702 25.046 102.476 32.036
201705 25.154 103.108 31.977
201708 27.655 103.108 35.157
201711 28.148 103.740 35.566
201802 32.025 104.688 40.098
201805 32.338 105.399 40.216
201808 33.264 106.031 41.121
201811 33.792 105.478 41.993
201902 34.342 106.268 42.359
201905 34.670 107.927 42.107
201908 35.274 108.085 42.777
201911 36.305 107.769 44.157
202002 35.660 108.559 43.057
202005 34.082 107.532 41.544
202008 35.972 108.243 43.560
202011 37.922 108.796 45.688
202102 39.555 109.745 47.244
202105 41.052 111.404 48.302
202108 40.507 112.668 47.126
202111 41.738 113.932 48.019
202202 42.553 115.986 48.090
202205 43.670 120.016 47.695
202208 45.148 120.569 49.083
202211 45.142 121.675 48.630
202302 45.675 122.070 49.045
202305 42.991 124.045 45.428
202308 44.296 125.389 46.306
202311 44.336 125.468 46.318
202402 61.904 125.468 64.672
202405 62.405 127.601 64.105
202408 62.330 127.838 63.909
202411 63.647 127.838 65.260
202502 63.708 128.786 64.841
202505 64.817 129.813 65.448
202508 65.845 130.208 66.284
202511 66.722 130.682 66.924
202602 68.626 131.077 68.626

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 0.95 mean?
Cogeco (CGECF) has a Cyclically Adjusted PB Ratio of 0.95 as of Jul. 15, 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 and its competitors. This is 51% below median its historical median of 1.94. Over the past decade, Cogeco's Cyclically Adjusted PB Ratio has ranged from 0.87 to 3.28. According to the industry distribution chart, Cogeco ranks #91 out of 289 companies in the Telecommunication Services industry, placing it in the top 31.5%.
Is Cogeco's Cyclically Adjusted PB Ratio too high?
Cogeco's current Cyclically Adjusted PB Ratio of 0.95 is 51% below median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 3.28. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.83. Cogeco's value of 0.95 is 48.1% below this industry median. Based on the distribution chart, Cogeco ranks #91 out of 289 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Cogeco has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cogeco's Cyclically Adjusted PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Cogeco ranks #91 out of 289 companies for Cyclically Adjusted PB Ratio. This puts Cogeco in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.83. Cogeco's value of 0.95 is 48.1% below this benchmark. Historically, Cogeco's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 3.28 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 1.83, Cogeco 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 1.83, based on 289 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's current Cyclically Adjusted PB Ratio of 0.95 is 48.1% 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 and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogeco's current Cyclically Adjusted PB Ratio is 0.95, which is 51% below median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogeco stock overvalued right now?
Based on GuruFocus' analysis, Cogeco (CGECF) is currently considered Modestly Undervalued. The stock's GF Value™ is $49.56, compared to a current price of $44.10 — trading 11% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.95, which is 51% below median its 10-year median of 1.94 and 48.1% below the Telecommunication Services industry median of 1.83. Cogeco's overall GF Score™ is 69/100 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 Cogeco (CGECF), the current Cyclically Adjusted PB Ratio is 0.95 as of Jul. 15, 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 (CGECF) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco stock appears to be undervalued. The current stock price of $44.10 is trading 11% below its estimated GF Value™ of $49.56. GuruFocus considers Cogeco to be Modestly Undervalued.

Key valuation signals for CGECF:

  • Cyclically Adjusted PB Ratio: 0.95 (51% below median its 10-year median of 1.94)
  • GF Value™: $49.56 vs. price of $44.10 (11% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 48.1% below the Telecommunication Services median (#91 of 289)

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


Cogeco Business Description

Other Exchanges CGO:Canada
Address 1 Place Ville Marie, Bureau 3301, Montreal, QC, CAN, H3B 3N2
Cogeco Inc is a telecommunications company. The company has two operating segments: Canadian telecommunications, American telecommunications. The Canadian and American telecommunications segments provide a wide range of Internet, video, and telephony services to residential customers, as well as business services across their coverage areas. Cogeco Connexion carries out the Canadian telecommunications segment activities in the provinces of Quebec and Ontario, and the American telecommunications segment activities are carried out by Atlantic Broadband in 12 states. It derives maximum revenue from Canadian telecommunications segment.
69GF Score

Get the complete analysis for CGECF

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

$44.10
Price
$49.56
GF Value