CPHC (Canterbury Park Holding) Cyclically Adjusted PB Ratio: 1.05 (As of Aug. 21, 2026) — 33% Below Median

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CPHC Canterbury Park Holding Corp CPHC
76 GF Score
Price $15.65
GF Value $17.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Canterbury Park Holding Cyclically Adjusted PB Ratio?

Canterbury Park Holding CPHC -0.03% 76 Cyclically Adjusted PB Ratio is 1.05 as of Aug. 21, 2026, which is 33% below its 10-year median of 1.57. GuruFocus rates CPHC with a GF Scoreâ„¢ of 76/100 and a GF Valueâ„¢ of $17.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 627 Travel & Leisure companies, Canterbury Park Holding ranks better than 55.82% on this metric.

As of today (2026-08-21), Canterbury Park Holding's current share price is $15.6451. Canterbury Park Holding's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $14.91. Canterbury Park Holding's Cyclically Adjusted PB Ratio for today is 1.05.

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

CPHC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.57   Max: 3
Current: 1.05

During the past years, Canterbury Park Holding's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 0.96. And the median was 1.57.

CPHC's Cyclically Adjusted PB Ratio is ranked better than
55.82% of 627 companies
in the Travel & Leisure industry
Industry Median: 1.2 vs CPHC: 1.05

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.

Canterbury Park Holding's adjusted book value per share data for the three months ended in Jun. 2026 was $16.211. 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 $14.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canterbury Park Holding  (NAS:CPHC) 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.


Canterbury Park Holding Cyclically Adjusted PB Ratio Related Terms


Canterbury Park Holding Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Canterbury Park Holding'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.

Canterbury Park Holding Cyclically Adjusted PB Ratio Chart

Canterbury Park Holding 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 1.75 2.83 1.68 1.55 1.08

Canterbury Park Holding 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 1.36 1.16 1.08 1.07 1.06

CPHC vs FLL, CNTY, TBTC: Cyclically Adjusted PB Ratio Comparison

For the Resorts & Casinos subindustry, Canterbury Park Holding'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.


Canterbury Park Holding Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Canterbury Park Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CPHC
76GF Score
Canterbury Park Holding Corp CPHC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canterbury Park Holding 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.

Canterbury Park Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.6451/14.91
=1.05

* 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.

Canterbury Park Holding's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Canterbury Park Holding'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)
=16.211/333.9520*333.9520
=16.211

Current CPI (Jun. 2026) = 333.9520.

Canterbury Park Holding Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.379 241.428 11.590
201612 8.451 241.432 11.690
201703 8.532 243.801 11.687
201706 8.643 244.955 11.783
201709 8.822 246.819 11.936
201712 9.225 246.524 12.497
201803 9.415 249.554 12.599
201806 9.538 251.989 12.640
201809 9.853 252.439 13.035
201812 10.321 251.233 13.719
201903 10.223 254.202 13.430
201906 10.393 256.143 13.550
201909 10.586 256.759 13.769
201912 10.639 256.974 13.826
202003 10.629 258.115 13.752
202006 10.361 257.797 13.422
202009 10.795 260.280 13.851
202012 10.803 260.474 13.850
202103 10.925 264.877 13.774
202106 11.342 271.696 13.941
202109 11.956 274.310 14.556
202112 13.373 278.802 16.018
202203 13.536 287.504 15.723
202206 13.799 296.311 15.552
202209 14.364 296.808 16.162
202212 14.560 296.797 16.383
202303 15.025 301.836 16.624
202306 16.047 305.109 17.564
202309 16.240 307.789 17.620
202312 16.481 306.746 17.943
202403 16.592 312.332 17.741
202406 16.605 314.175 17.650
202409 16.970 315.301 17.974
202412 16.694 315.605 17.664
202503 16.558 319.799 17.291
202506 16.437 322.561 17.017
202509 16.498 324.800 16.963
202512 16.379 324.054 16.879
202603 16.311 330.213 16.496
202606 16.211 333.952 16.211

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 1.05 mean?
Canterbury Park Holding (CPHC) has a Cyclically Adjusted PB Ratio of 1.05 as of Aug. 21, 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 Canterbury Park Holding and its competitors. This is 33% below median its historical median of 1.57. Over the past decade, Canterbury Park Holding's Cyclically Adjusted PB Ratio has ranged from 0.96 to 3.00. According to the industry distribution chart, Canterbury Park Holding ranks #277 out of 627 companies in the Travel & Leisure industry, placing it in the top 44.2%.
Is Canterbury Park Holding's Cyclically Adjusted PB Ratio too high?
Canterbury Park Holding's current Cyclically Adjusted PB Ratio of 1.05 is 33% below median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 3.00. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.20. Canterbury Park Holding's value of 1.05 is 12.5% below this industry median. Based on the distribution chart, Canterbury Park Holding ranks #277 out of 627 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Canterbury Park Holding has a GF Scoreâ„¢ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canterbury Park Holding's Cyclically Adjusted PB Ratio compare to FLL and CNTY?
According to the Travel & Leisure industry distribution chart, Canterbury Park Holding ranks #277 out of 627 companies for Cyclically Adjusted PB Ratio. This puts Canterbury Park Holding in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Canterbury Park Holding's value of 1.05 is 12.5% below this benchmark. Historically, Canterbury Park Holding's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 3.00 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.20, Canterbury Park Holding 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 Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.20, based on 627 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. Canterbury Park Holding's current Cyclically Adjusted PB Ratio of 1.05 is 12.5% 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 Canterbury Park Holding and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canterbury Park Holding's current Cyclically Adjusted PB Ratio is 1.05, which is 33% below median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canterbury Park Holding stock overvalued right now?
Based on GuruFocus' analysis, Canterbury Park Holding (CPHC) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.70, compared to a current price of $15.65 — trading 11.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.05, which is 33% below median its 10-year median of 1.57 and 12.5% below the Travel & Leisure industry median of 1.20. Canterbury Park Holding's overall GF Score™ is 76/100 with 4 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 Canterbury Park Holding (CPHC), the current Cyclically Adjusted PB Ratio is 1.05 as of Aug. 21, 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 Canterbury Park Holding (CPHC) Overvalued in 2026?

Based on GuruFocus' analysis, Canterbury Park Holding stock appears to be undervalued. The current stock price of $15.65 is trading 11.6% below its estimated GF Value™ of $17.70. GuruFocus considers Canterbury Park Holding to be Modestly Undervalued.

Key valuation signals for CPHC:

  • Cyclically Adjusted PB Ratio: 1.05 (33% below median its 10-year median of 1.57)
  • GF Value™: $17.70 vs. price of $15.65 (11.6% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 12.5% below the Travel & Leisure median (#277 of 627)

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


Canterbury Park Holding Business Description

Address 1100 Canterbury Road, Shakopee, MN, USA, 55379
Canterbury Park Holding Corp is in the business of pari-mutuel wagering on horse races and unbanked card games at its canterbury park racetrack and card casino facility in Minnesota. The company has four operating segments. The horse racing segment represents pari-mutuel wagering operations on simulcast and lives horse races; the Casino segment represents unbanked card operations; the food and beverage segment includes concessions, catering, and events services provided at the Racetrack; and the real estate development segment represents its real estate development operations. The firm generates a majority of its revenue from the Casino segment.
76GF Score

Get the complete analysis for CPHC

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

$15.65
Price
$17.70
GF Value