EQ (CYPXF) Cyclically Adjusted PB Ratio: (As of Jul. 20, 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.
Reviewed by: Charlie Tian Charlie Tian
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.

CYPXF EQ Inc CYPXF
48 GF Score
Price $0.65
GF Value $0.71
! 6 Warning Signs
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What is EQ Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


EQ  (OTCPK:CYPXF) 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.


EQ Cyclically Adjusted PB Ratio Related Terms


EQ Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for EQ'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.

EQ Cyclically Adjusted PB Ratio Chart

EQ 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 13.68 26.35 238.62 0.00 2,526.34

EQ Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,526.34 221.34

CYPXF vs APP, OMC, TTD: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, EQ'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.


EQ Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, EQ's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CYPXF
48GF Score
EQ Inc CYPXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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EQ 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.031/132.2623*132.2623
=-0.031

Current CPI (Mar. 2026) = 132.2623.

EQ Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.142 102.002 -0.184
201609 -0.167 101.765 -0.217
201612 -0.158 101.449 -0.206
201703 -0.178 102.634 -0.229
201706 -0.062 103.029 -0.080
201709 -0.071 103.345 -0.091
201712 -0.055 103.345 -0.070
201803 -0.038 105.004 -0.048
201806 -0.030 105.557 -0.038
201809 -0.038 105.636 -0.048
201812 -0.006 105.399 -0.008
201903 -0.011 106.979 -0.014
201906 -0.015 107.690 -0.018
201909 -0.009 107.611 -0.011
201912 0.049 107.769 0.060
202003 0.038 107.927 0.047
202006 0.073 108.401 0.089
202009 0.070 108.164 0.086
202012 0.060 108.559 0.073
202103 0.186 110.298 0.223
202106 0.184 111.720 0.218
202109 0.160 112.905 0.187
202112 0.129 113.774 0.150
202203 0.110 117.646 0.124
202206 0.094 120.806 0.103
202209 0.072 120.648 0.079
202212 0.056 120.964 0.061
202303 0.041 122.702 0.044
202306 0.036 124.203 0.038
202309 0.035 125.230 0.037
202312 -0.002 125.072 -0.002
202403 -0.016 126.258 -0.017
202406 -0.020 127.522 -0.021
202409 -0.013 127.285 -0.014
202412 -0.010 127.364 -0.010
202503 -0.019 129.181 -0.019
202506 -0.021 129.892 -0.021
202509 -0.024 130.287 -0.024
202512 -0.024 130.366 -0.024
202603 -0.031 132.262 -0.031

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 EQ (CYPXF) Overvalued in 2026?

Based on GuruFocus' analysis, EQ stock appears to be undervalued. The current stock price of $0.65 is trading 8.5% below its estimated GF Value™ of $0.71.

Key valuation signals for CYPXF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $0.71 vs. price of $0.65 (8.5% below fair value)
  • GF Score™: 48/100 with 6 warning signs

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


EQ Business Description

Other Exchanges EQ:Canada
Address 2 Bloor Street West, Suite 700, Toronto, ON, CAN, M4W 3E2
EQ Inc is a provider of digital marketing services. The company operates in a single segment, which is to provide real-time technology and analytics to improve performance for web, mobile, social, and video advertising initiatives, and focuses on targeted advertising and incorporates advertising technologies, data analytics, and programmatic media buying capabilities into a single system. The company generates the highest revenue from Advertising Services, followed by Data sales, which includes Fixed fee, Variable CPM, and License.
48GF Score

Get the complete analysis for CYPXF

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

$0.65
Price
$0.71
GF Value