Cogeco (FRA:76E) Cyclically Adjusted PB Ratio: 0.92 (As of Aug. 02, 2026) — 53% Below Median

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FRA:76E Cogeco Inc FRA:76E
79 GF Score
Price €36.20
GF Value €40.30
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Cogeco Cyclically Adjusted PB Ratio?

Cogeco FRA:76E -3.72% 79 Cyclically Adjusted PB Ratio is 0.92 as of Aug. 02, 2026, which is 53% below its 10-year median of 1.94. GuruFocus rates FRA:76E with a GF Score™ of 79/100 and a GF Value™ of €40.30 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 289 Telecommunication Services companies, Cogeco ranks better than 69.2% on this metric.

As of today (2026-08-02), Cogeco's current share price is €36.20. Cogeco's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €39.49. Cogeco's Cyclically Adjusted PB Ratio for today is 0.92.

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

FRA:76E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.94   Max: 3.28
Current: 0.93

During the past years, Cogeco's highest Cyclically Adjusted PB Ratio was 3.28. The lowest was 0.87. And the median was 1.94.

FRA:76E's Cyclically Adjusted PB Ratio is ranked better than
69.2% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.7 vs FRA:76E: 0.93

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.

Cogeco's adjusted book value per share data for the three months ended in May. 2026 was €31.704. 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 €39.49 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cogeco  (FRA:76E) 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.


Cogeco Cyclically Adjusted PB Ratio Related Terms


Cogeco Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cogeco'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.

Cogeco Cyclically Adjusted PB Ratio Chart

Cogeco Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 1.40 1.01 0.98 1.00

Cogeco Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.11 1.00 1.04 1.17 1.02

FRA:76E vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, Cogeco'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.


Cogeco Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:76E
79GF Score
Cogeco Inc FRA:76E
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cogeco 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.20/39.49
=0.92

* 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.

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

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

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=31.704/134.0005*134.0005
=31.704

Current CPI (May. 2026) = 134.0005.

Cogeco Quarterly Data

Book Value per Share CPI Adj_Book
201608 20.546 101.686 27.075
201611 21.769 101.607 28.709
201702 23.518 102.476 30.753
201705 22.764 103.108 29.584
201708 23.424 103.108 30.442
201711 23.982 103.740 30.978
201802 25.940 104.688 33.203
201805 27.358 105.399 34.782
201808 28.806 106.031 36.405
201811 29.737 105.478 37.778
201902 30.255 106.268 38.151
201905 30.995 107.927 38.483
201908 31.711 108.085 39.314
201911 32.856 107.769 40.853
202002 32.700 108.559 40.363
202005 31.254 107.532 38.947
202008 30.397 108.243 37.630
202011 32.082 108.796 39.514
202102 32.712 109.745 39.942
202105 33.786 111.404 40.639
202108 34.431 112.668 40.950
202111 36.563 113.932 43.003
202202 37.489 115.986 43.312
202205 41.312 120.016 46.126
202208 44.561 120.569 49.525
202211 44.284 121.675 48.770
202302 42.660 122.070 46.829
202305 39.551 124.045 42.725
202308 40.620 125.389 43.410
202311 40.967 125.468 43.753
202402 57.385 125.468 61.288
202405 57.725 127.601 60.620
202408 56.534 127.838 59.259
202411 59.955 127.838 62.845
202502 61.160 128.786 63.636
202505 57.493 129.813 59.348
202508 56.561 130.208 58.208
202511 57.714 130.682 59.180
202602 58.058 131.077 59.353
202605 31.704 134.001 31.704

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 0.92 mean?
Cogeco (FRA:76E) has a Cyclically Adjusted PB Ratio of 0.92 as of Aug. 02, 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 Cogeco and its competitors. This is 53% below median its historical median of 1.94. Over the past decade, Cogeco's Cyclically Adjusted PB Ratio has ranged from 0.87 to 3.28. According to the industry distribution chart, Cogeco ranks #89 out of 289 companies in the Telecommunication Services industry, placing it in the top 30.8%.
Is Cogeco's Cyclically Adjusted PB Ratio too high?
Cogeco's current Cyclically Adjusted PB Ratio of 0.92 is 53% below median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 3.28. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.70. Cogeco's value of 0.92 is 45.9% below this industry median. Based on the distribution chart, Cogeco ranks #89 out of 289 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Cogeco has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cogeco's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Cogeco ranks #89 out of 289 companies for Cyclically Adjusted PB Ratio. This puts Cogeco in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.70. Cogeco's value of 0.92 is 45.9% below this benchmark. Historically, Cogeco's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 3.28 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 1.70, Cogeco 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.70, based on 289 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. Cogeco's current Cyclically Adjusted PB Ratio of 0.92 is 45.9% 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 Cogeco and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogeco's current Cyclically Adjusted PB Ratio is 0.92, which is 53% below median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogeco stock overvalued right now?
Based on GuruFocus' analysis, Cogeco (FRA:76E) is currently considered Modestly Undervalued. The stock's GF Value™ is €40.30, compared to a current price of €36.20 — trading 10.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.92, which is 53% below median its 10-year median of 1.94 and 45.9% below the Telecommunication Services industry median of 1.70. Cogeco's overall GF Score™ is 79/100 with 8 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 Cogeco (FRA:76E), the current Cyclically Adjusted PB Ratio is 0.92 as of Aug. 02, 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 Cogeco (FRA:76E) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco stock appears to be undervalued. The current stock price of €36.20 is trading 10.2% below its estimated GF Value™ of €40.30. GuruFocus considers Cogeco to be Modestly Undervalued.

Key valuation signals for FRA:76E:

  • Cyclically Adjusted PB Ratio: 0.92 (53% below median its 10-year median of 1.94)
  • GF Value™: €40.30 vs. price of €36.20 (10.2% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 45.9% below the Telecommunication Services median (#89 of 289)

No single metric tells the full story. See the FRA:76E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cogeco Business Description

Other Exchanges CGECF:USACGO:Canada
Address 1 Place Ville Marie, Bureau 3301, Montreal, QC, CAN, H3B 3N2
Cogeco Inc is a telecommunications company. The company has two operating segments: Canadian telecommunications, American telecommunications. The Canadian and American telecommunications segments provide a wide range of Internet, video, and telephony services to residential customers, as well as business services across their coverage areas. Cogeco Connexion carries out the Canadian telecommunications segment activities in the provinces of Quebec and Ontario, and the American telecommunications segment activities are carried out by Atlantic Broadband in 12 states. It derives maximum revenue from Canadian telecommunications segment.
79GF Score

Get the complete analysis for FRA:76E

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

€36.20
Price
€40.30
GF Value