CRON (Cronos Group) Cyclically Adjusted PB Ratio: 1.07 (As of Aug. 15, 2026) — 18% Above Median

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CRON Cronos Group Inc CRON
86 GF Score
Price $3.14
GF Value $3.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Cronos Group Cyclically Adjusted PB Ratio?

Cronos Group CRON -0.32% 86 Cyclically Adjusted PB Ratio is 1.07 as of Aug. 15, 2026, which is 18% above its 10-year median of 0.91. GuruFocus rates CRON with a GF Score™ of 86/100 and a GF Value™ of $3.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 716 Drug Manufacturers companies, Cronos Group ranks better than 69.55% on this metric.

As of today (2026-08-15), Cronos Group's current share price is $3.135. Cronos Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $2.94. Cronos Group's Cyclically Adjusted PB Ratio for today is 1.07.

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

CRON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.91   Max: 1.28
Current: 1.05

During the past years, Cronos Group's highest Cyclically Adjusted PB Ratio was 1.28. The lowest was 0.68. And the median was 0.91.

CRON's Cyclically Adjusted PB Ratio is ranked better than
69.55% of 716 companies
in the Drug Manufacturers industry
Industry Median: 1.76 vs CRON: 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.

Cronos Group's adjusted book value per share data for the three months ended in Jun. 2026 was $2.883. 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 $2.94 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cronos Group  (NAS:CRON) 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.


Cronos Group Cyclically Adjusted PB Ratio Related Terms


Cronos Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cronos Group'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.

Cronos Group Cyclically Adjusted PB Ratio Chart

Cronos Group 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 0.00 0.00 0.90 0.85 0.93

Cronos Group 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 0.71 1.02 0.93 0.88 0.95

CRON vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Cronos Group'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.


Cronos Group Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cronos Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CRON
86GF Score
Cronos Group Inc CRON
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cronos Group 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.

Cronos Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.135/2.94
=1.07

* 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.

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

For example, Cronos Group'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)
=2.883/133.5265*133.5265
=2.883

Current CPI (Jun. 2026) = 133.5265.

Cronos Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.194 101.765 0.255
201612 0.206 101.449 0.271
201703 0.289 102.634 0.376
201706 0.294 103.029 0.381
201709 0.382 103.345 0.494
201712 0.460 103.345 0.594
201803 0.629 105.004 0.800
201806 0.977 105.557 1.236
201809 0.961 105.636 1.215
201812 0.831 105.399 1.053
201903 2.181 106.979 2.722
201906 2.775 107.690 3.441
201909 4.722 107.611 5.859
201912 5.017 107.769 6.216
202003 4.921 107.927 6.088
202006 4.759 108.401 5.862
202009 4.967 108.164 6.132
202012 4.750 108.559 5.842
202103 4.226 110.298 5.116
202106 4.391 111.720 5.248
202109 3.910 112.905 4.624
202112 3.566 113.774 4.185
202203 3.529 117.646 4.005
202206 3.409 120.806 3.768
202209 3.156 120.648 3.493
202212 3.006 120.964 3.318
202303 2.966 122.702 3.228
202306 2.991 124.203 3.216
202309 2.938 125.230 3.133
202312 2.884 125.072 3.079
202403 2.818 126.258 2.980
202406 2.771 127.522 2.901
202409 2.829 127.285 2.968
202412 2.782 127.364 2.917
202503 2.767 129.181 2.860
202506 2.820 129.892 2.899
202509 2.827 130.287 2.897
202512 2.867 130.366 2.937
202603 2.854 132.262 2.881
202606 2.883 133.527 2.883

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 1.07 mean?
Cronos Group (CRON) has a Cyclically Adjusted PB Ratio of 1.07 as of Aug. 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 Cronos Group and its competitors. This is 18% above median its historical median of 0.91. Over the past decade, Cronos Group's Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.28. According to the industry distribution chart, Cronos Group ranks #218 out of 716 companies in the Drug Manufacturers industry, placing it in the top 30.4%.
Is Cronos Group's Cyclically Adjusted PB Ratio too high?
Cronos Group's current Cyclically Adjusted PB Ratio of 1.07 is 18% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.28. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.76. Cronos Group's value of 1.07 is 39.2% below this industry median. Based on the distribution chart, Cronos Group ranks #218 out of 716 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Cronos Group has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cronos Group's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Cronos Group ranks #218 out of 716 companies for Cyclically Adjusted PB Ratio. This puts Cronos Group in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.76. Cronos Group's value of 1.07 is 39.2% below this benchmark. Historically, Cronos Group's own Cyclically Adjusted PB Ratio has ranged from 0.68 to 1.28 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.76, Cronos Group 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.76, based on 716 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. Cronos Group's current Cyclically Adjusted PB Ratio of 1.07 is 39.2% 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 Cronos Group and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cronos Group's current Cyclically Adjusted PB Ratio is 1.07, which is 18% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cronos Group stock overvalued right now?
Based on GuruFocus' analysis, Cronos Group (CRON) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.63, compared to a current price of $3.14 — trading 13.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is 18% above median its 10-year median of 0.91 and 39.2% below the Drug Manufacturers industry median of 1.76. Cronos Group's overall GF Score™ is 86/100 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 Cronos Group (CRON), the current Cyclically Adjusted PB Ratio is 1.07 as of Aug. 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 Cronos Group (CRON) Overvalued in 2026?

Based on GuruFocus' analysis, Cronos Group stock appears to be undervalued. The current stock price of $3.14 is trading 13.6% below its estimated GF Value™ of $3.63. GuruFocus considers Cronos Group to be Modestly Undervalued.

Key valuation signals for CRON:

  • Cyclically Adjusted PB Ratio: 1.07 (18% above median its 10-year median of 0.91)
  • GF Value™: $3.63 vs. price of $3.14 (13.6% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 39.2% below the Drug Manufacturers median (#218 of 716)

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


Cronos Group Business Description

Other Exchanges 7CI:GermanyCRON:Canada
Address 4491 Concession Rd 12, Stayner, ON, CAN, L0M 1S0
Cronos Group Inc is a cannabinoid company committed to building disruptive intellectual property by advancing cannabis research, technology, and product development. With a passion for responsibly elevating the consumer experience, the company is building an iconic brand portfolio. Its diverse international brand portfolio includes Spinach, PEACE NATURALS, LIT, and Lord Jones. The company operates in Canada, Israel, and other countries, with the majority of its revenue generated from Canada.
86GF Score

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

$3.14
Price
$3.63
GF Value