OTCM (OTC Markets Group) Cyclically Adjusted PB Ratio: 19.09 (As of Jul. 16, 2026) — 13% Below Median

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OTCM OTC Markets Group Inc OTCM
87 GF Score
Price $52.50
GF Value $60.98
Valuation Modestly Undervalued
! 3 Warning Signs
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What is OTC Markets Group Cyclically Adjusted PB Ratio?

OTC Markets Group OTCM -0.19% 87 Cyclically Adjusted PB Ratio is 19.09 as of Jul. 16, 2026, which is 13% below its 10-year median of 21.91. GuruFocus rates OTCM with a GF Score™ of 87/100 and a GF Value™ of $60.98 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 636 Capital Markets companies, OTC Markets Group ranks worse than 97.48% on this metric.

As of today (2026-07-16), OTC Markets Group's current share price is $52.50. OTC Markets Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.75. OTC Markets Group's Cyclically Adjusted PB Ratio for today is 19.09.

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

OTCM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 15.51   Med: 21.91   Max: 33.48
Current: 19.4

During the past years, OTC Markets Group's highest Cyclically Adjusted PB Ratio was 33.48. The lowest was 15.51. And the median was 21.91.

OTCM's Cyclically Adjusted PB Ratio is ranked worse than
97.48% of 636 companies
in the Capital Markets industry
Industry Median: 1.355 vs OTCM: 19.40

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.

OTC Markets Group's adjusted book value per share data for the three months ended in Mar. 2026 was $3.515. 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 $2.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


OTC Markets Group  (OTCPK:OTCM) 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.


OTC Markets Group Cyclically Adjusted PB Ratio Related Terms


OTC Markets Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for OTC Markets 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.

OTC Markets Group Cyclically Adjusted PB Ratio Chart

OTC Markets 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 30.88 26.55 24.12 20.69 19.24

OTC Markets Group 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 18.76 22.08 20.07 19.24 19.48

OTCM vs VALU, DTCX, MKTW: Cyclically Adjusted PB Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, OTC Markets 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.


OTC Markets Group Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OTC Markets Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OTCM
87GF Score
OTC Markets Group Inc OTCM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OTC Markets 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.50/2.75
=19.09

* 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.

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

For example, OTC Markets Group'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)
=3.515/330.2130*330.2130
=3.515

Current CPI (Mar. 2026) = 330.2130.

OTC Markets Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.729 241.018 2.369
201609 1.832 241.428 2.506
201612 1.363 241.432 1.864
201703 1.395 243.801 1.889
201706 1.526 244.955 2.057
201709 1.687 246.819 2.257
201712 1.205 246.524 1.614
201803 1.342 249.554 1.776
201806 1.557 251.989 2.040
201809 1.829 252.439 2.392
201812 1.421 251.233 1.868
201903 1.516 254.202 1.969
201906 1.711 256.143 2.206
201909 1.944 256.759 2.500
201912 1.516 256.974 1.948
202003 1.460 258.115 1.868
202006 1.732 257.797 2.219
202009 2.019 260.280 2.561
202012 1.669 260.474 2.116
202103 2.021 264.877 2.520
202106 2.532 271.696 3.077
202109 3.048 274.310 3.669
202112 2.114 278.802 2.504
202203 2.397 287.504 2.753
202206 2.895 296.311 3.226
202209 3.412 296.808 3.796
202212 2.510 296.797 2.793
202303 2.657 301.836 2.907
202306 3.151 305.109 3.410
202309 3.689 307.789 3.958
202312 2.701 306.746 2.908
202403 2.885 312.332 3.050
202406 3.388 314.175 3.561
202409 3.948 315.301 4.135
202412 2.982 315.605 3.120
202503 3.199 319.799 3.303
202506 3.739 322.561 3.828
202509 4.389 324.800 4.462
202512 3.366 324.054 3.430
202603 3.515 330.213 3.515

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 19.09 mean?
OTC Markets Group (OTCM) has a Cyclically Adjusted PB Ratio of 19.09 as of Jul. 16, 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 OTC Markets Group and its competitors. This is 13% below median its historical median of 21.91. Over the past decade, OTC Markets Group's Cyclically Adjusted PB Ratio has ranged from 15.51 to 33.48. According to the industry distribution chart, OTC Markets Group ranks #620 out of 636 companies in the Capital Markets industry, placing it in the top 97.5%.
Is OTC Markets Group's Cyclically Adjusted PB Ratio too high?
OTC Markets Group's current Cyclically Adjusted PB Ratio of 19.09 is 13% below median its 10-year median of 21.91. Over the past 10 years, this metric has ranged from a low of 15.51 to a high of 33.48. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.36. OTC Markets Group's value of 19.09 is 1308.9% above this industry median. Based on the distribution chart, OTC Markets Group ranks #620 out of 636 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, OTC Markets Group has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OTC Markets Group's Cyclically Adjusted PB Ratio compare to VALU and DTCX?
According to the Capital Markets industry distribution chart, OTC Markets Group ranks #620 out of 636 companies for Cyclically Adjusted PB Ratio. This places OTC Markets Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.36. OTC Markets Group's value of 19.09 is 1308.9% above this benchmark. Historically, OTC Markets Group's own Cyclically Adjusted PB Ratio has ranged from 15.51 to 33.48 over the past decade. While the company's 10-year median is 21.91 vs. the industry median of 1.36, OTC Markets Group has consistently been above 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.36, based on 636 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. OTC Markets Group's current Cyclically Adjusted PB Ratio of 19.09 is 1308.9% above 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 OTC Markets Group and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OTC Markets Group's current Cyclically Adjusted PB Ratio is 19.09, which is 13% below median its own 10-year median of 21.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OTC Markets Group stock overvalued right now?
Based on GuruFocus' analysis, OTC Markets Group (OTCM) is currently considered Modestly Undervalued. The stock's GF Value™ is $60.98, compared to a current price of $52.50 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 19.09, which is 13% below median its 10-year median of 21.91 and 1308.9% above the Capital Markets industry median of 1.36. OTC Markets Group's overall GF Score™ is 87/100 with 3 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 OTC Markets Group (OTCM), the current Cyclically Adjusted PB Ratio is 19.09 as of Jul. 16, 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 OTC Markets Group (OTCM) Overvalued in 2026?

Based on GuruFocus' analysis, OTC Markets Group stock appears to be undervalued. The current stock price of $52.50 is trading 13.9% below its estimated GF Value™ of $60.98. GuruFocus considers OTC Markets Group to be Modestly Undervalued.

Key valuation signals for OTCM:

  • Cyclically Adjusted PB Ratio: 19.09 (13% below median its 10-year median of 21.91)
  • GF Value™: $60.98 vs. price of $52.50 (13.9% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 1308.9% above the Capital Markets median (#620 of 636)

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


OTC Markets Group Business Description

Address 300 Vesey Street, New York, NY, USA, 10282
OTC Markets Group Inc operates financial markets for securities in the U.S. and globally. The firm mainly operates OTCQX market, OTCQB venture market and Pink open market. It has OTC link ATS, market data licensing and corporate services business lines. The activities of these business lines encompass quotation and trade messaging services, network-based platform, access to market data, a suite of market data licenses and disclosure and information services. It derives a majority of its revenue from the U.S.
87GF Score

Get the complete analysis for OTCM

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

$52.50
Price
$60.98
GF Value