CRTG (The Coretec Group) Cyclically Adjusted PB Ratio: (As of Aug. 24, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

What is The Coretec Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Coretec Group  (OTCPK:CRTG) 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.


The Coretec Group Cyclically Adjusted PB Ratio Related Terms


The Coretec Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Coretec 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.

The Coretec Group Cyclically Adjusted PB Ratio Chart

The Coretec Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

The Coretec Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 0.00 0.00 0.00 0.00

CRTG vs ITOX, ANET, DELL: Cyclically Adjusted PB Ratio Comparison

For the Computer Hardware subindustry, The Coretec 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.


The Coretec Group Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, The Coretec Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Coretec 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.

The Coretec Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, The Coretec Group's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.002/314.1750*314.1750
=-0.002

Current CPI (Jun. 2024) = 314.1750.

The Coretec Group Quarterly Data

Book Value per Share CPI Adj_Book
201409 -0.859 238.031 -1.134
201412 -0.528 234.812 -0.706
201503 -0.458 236.119 -0.609
201506 -0.385 238.638 -0.507
201509 -0.348 237.945 -0.459
201512 -0.030 236.525 -0.040
201603 -0.095 238.132 -0.125
201606 -0.125 241.018 -0.163
201609 0.081 241.428 0.105
201612 0.001 241.432 0.001
201703 -0.036 243.801 -0.046
201706 -0.117 244.955 -0.150
201709 -0.019 246.819 -0.024
201712 -0.008 246.524 -0.010
201803 -0.012 249.554 -0.015
201806 -0.014 251.989 -0.017
201809 -0.018 252.439 -0.022
201812 -0.021 251.233 -0.026
201903 -0.025 254.202 -0.031
201906 -0.029 256.143 -0.036
201909 -0.030 256.759 -0.037
201912 0.004 256.974 0.005
202003 0.004 258.115 0.005
202006 0.004 257.797 0.005
202009 0.003 260.280 0.004
202012 0.003 260.474 0.004
202103 0.019 264.877 0.023
202106 0.018 271.696 0.021
202109 0.016 274.310 0.018
202112 0.015 278.802 0.017
202203 0.013 287.504 0.014
202206 0.011 296.311 0.012
202209 0.009 296.808 0.010
202212 0.007 296.797 0.007
202303 0.005 301.836 0.005
202306 0.003 305.109 0.003
202309 0.001 307.789 0.001
202312 0.000 306.746 0.000
202403 -0.001 312.332 -0.001
202406 -0.002 314.175 -0.002

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.


The Coretec Group Business Description

Address 333 Jackson Plaza, Suite 460, Ann Arbor, MI, USA, 48103
The Coretec Group Inc is a technology company. The company is currently developing, testing, and providing new and improved technologies, products, and service solutions for energy-related industries, including oil/gas, renewable energy, and distributed energy industries. Many of these technologies and products also have applications for medical, electronic, photonic, display, and lighting markets. The company's product portfolio includes Endurion, Coretec HexaSilane, CSpace, and other Technologies which are based on the production of silicon products.