CGECF (Cogeco) Cyclically Adjusted PB Ratio: (As of Jul. 16, 2026)

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.
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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.

CGECF Cogeco Inc CGECF
69 GF Score
Price $45.75
GF Value $49.56
Valuation Fairly Valued
! 5 Warning Signs
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What is Cogeco Cyclically Adjusted PB Ratio?

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
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 1.11 1.00 1.04 1.17 0.00

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.
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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 Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, Cogeco'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)
=37.037/134.0005*134.0005
=37.037

Current CPI (May. 2026) = 134.0005.

Cogeco Quarterly Data

Book Value per Share CPI Adj_Book
201608 23.034 101.686 30.354
201611 23.483 101.607 30.970
201702 25.046 102.476 32.751
201705 25.154 103.108 32.691
201708 27.655 103.108 35.941
201711 28.148 103.740 36.359
201802 32.025 104.688 40.992
201805 32.338 105.399 41.113
201808 33.264 106.031 42.039
201811 33.792 105.478 42.930
201902 34.342 106.268 43.304
201905 34.670 107.927 43.046
201908 35.274 108.085 43.732
201911 36.305 107.769 45.142
202002 35.660 108.559 44.017
202005 34.082 107.532 42.471
202008 35.972 108.243 44.532
202011 37.922 108.796 46.707
202102 39.555 109.745 48.298
202105 41.052 111.404 49.379
202108 40.507 112.668 48.177
202111 41.738 113.932 49.090
202202 42.553 115.986 49.162
202205 43.670 120.016 48.759
202208 45.148 120.569 50.178
202211 45.142 121.675 49.715
202302 45.675 122.070 50.139
202305 42.991 124.045 46.441
202308 44.296 125.389 47.338
202311 44.336 125.468 47.351
202402 61.904 125.468 66.114
202405 62.405 127.601 65.535
202408 62.330 127.838 65.335
202411 63.647 127.838 66.715
202502 63.708 128.786 66.288
202505 64.817 129.813 66.908
202508 65.845 130.208 67.763
202511 66.722 130.682 68.416
202602 68.626 131.077 70.157
202605 37.037 134.001 37.037

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.

Is Cogeco (CGECF) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco stock appears to be undervalued. The current stock price of $45.75 is trading 7.7% below its estimated GF Value™ of $49.56. GuruFocus considers Cogeco to be Fairly Valued.

Key valuation signals for CGECF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $49.56 vs. price of $45.75 (7.7% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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.

$45.75
Price
$49.56
GF Value