ETRXF (Etrion) Cyclically Adjusted PB Ratio: 0.03 (As of Jul. 28, 2026) — 98% Below Median

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What is Etrion Cyclically Adjusted PB Ratio?

Etrion ETRXF Cyclically Adjusted PB Ratio is 0.03 as of Jul. 28, 2026, which is 98% below its 10-year median of 1.26. The stock has 2 warning signs investors should review. Among 279 Utilities - Independent Power Producers companies, Etrion ranks better than 98.92% on this metric.

As of today (2026-07-28), Etrion's current share price is $0.0006. Etrion's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.02. Etrion's Cyclically Adjusted PB Ratio for today is 0.03.

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

ETRXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.26   Max: 14.71
Current: 0.03

During the past years, Etrion's highest Cyclically Adjusted PB Ratio was 14.71. The lowest was 0.01. And the median was 1.26.

ETRXF's Cyclically Adjusted PB Ratio is ranked better than
98.92% of 279 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.11 vs ETRXF: 0.03

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.

Etrion's adjusted book value per share data for the three months ended in Mar. 2026 was $0.004. 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 $0.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Etrion  (OTCPK:ETRXF) 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.


Etrion Cyclically Adjusted PB Ratio Related Terms


Etrion Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Etrion'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.

Etrion Cyclically Adjusted PB Ratio Chart

Etrion 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 0.67 0.86 0.04 0.00 0.03

Etrion 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 0.01 0.02 0.03 0.03

ETRXF vs ALCE, CREG: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Renewable subindustry, Etrion'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.


Etrion Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Etrion's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Etrion 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.

Etrion's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0006/0.02
=0.03

* 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.

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

For example, Etrion'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)
=0.004/108.0600*108.0600
=0.004

Current CPI (Mar. 2026) = 108.0600.

Etrion Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.034 100.088 -0.037
201609 -0.215 99.604 -0.233
201612 -0.044 99.380 -0.048
201703 -0.057 100.040 -0.062
201706 -0.073 100.285 -0.079
201709 0.039 100.254 0.042
201712 0.027 100.213 0.029
201803 0.022 100.836 0.024
201806 0.017 101.435 0.018
201809 0.013 101.246 0.014
201812 0.005 100.906 0.005
201903 -0.002 101.571 -0.002
201906 0.000 102.044 0.000
201909 0.006 101.396 0.006
201912 -0.009 101.063 -0.010
202003 -0.017 101.048 -0.018
202006 -0.011 100.743 -0.012
202009 0.075 100.585 0.081
202012 0.064 100.241 0.069
202103 0.057 100.800 0.061
202106 0.367 101.352 0.391
202109 0.061 101.533 0.065
202112 0.052 101.776 0.055
202203 0.047 103.205 0.049
202206 0.041 104.783 0.042
202209 0.039 104.835 0.040
202212 0.039 104.666 0.040
202303 0.037 106.245 0.038
202306 0.029 106.576 0.029
202309 0.025 106.570 0.025
202312 0.022 106.461 0.022
202403 0.019 107.355 0.019
202406 0.016 107.991 0.016
202409 0.020 107.468 0.020
202412 0.018 107.128 0.018
202503 0.018 107.722 0.018
202506 0.006 108.075 0.006
202509 0.005 107.710 0.005
202512 0.004 107.200 0.004
202603 0.004 108.060 0.004

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 0.03 mean?
Etrion (ETRXF) has a Cyclically Adjusted PB Ratio of 0.03 as of Jul. 28, 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 Etrion and its competitors. This is 98% below median its historical median of 1.26. Over the past decade, Etrion's Cyclically Adjusted PB Ratio has ranged from 0.01 to 14.71. According to the industry distribution chart, Etrion ranks #3 out of 279 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.1%.
Is Etrion's Cyclically Adjusted PB Ratio too high?
Etrion's current Cyclically Adjusted PB Ratio of 0.03 is 98% below median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 14.71. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.11. Etrion's value of 0.03 is 97.3% below this industry median. Based on the distribution chart, Etrion ranks #3 out of 279 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers.
How does Etrion's Cyclically Adjusted PB Ratio compare to ALCE and CREG?
According to the Utilities - Independent Power Producers industry distribution chart, Etrion ranks #3 out of 279 companies for Cyclically Adjusted PB Ratio. This places Etrion in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.11. Etrion's value of 0.03 is 97.3% below this benchmark. Historically, Etrion's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 14.71 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 1.11, Etrion 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 an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.11, based on 279 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. Etrion's current Cyclically Adjusted PB Ratio of 0.03 is 97.3% 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 Etrion and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etrion's current Cyclically Adjusted PB Ratio is 0.03, which is 98% below median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etrion stock overvalued right now?
Etrion (ETRXF) has a current Cyclically Adjusted PB Ratio of 0.03. The current Cyclically Adjusted PB Ratio is 0.03, which is 98% below median its 10-year median of 1.26 and 97.3% below the Utilities - Independent Power Producers industry median of 1.11. 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 Etrion (ETRXF), the current Cyclically Adjusted PB Ratio is 0.03 as of Jul. 28, 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.

Etrion Business Description

Address C/o Regus, Rue du Commerce 4, Geneve, CHE, 1204
Etrion Corp is a renewable energy development company. The company is engaged in contributing to the diversification of the energy mix by leveraging the abundance of renewable resources to generate clean, reliable, and cost-effective solar energy.