GLG Life Tech (STU:9LTN) Cyclically Adjusted PB Ratio: (As of Sep. 04, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is GLG Life Tech Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GLG Life Tech  (STU:9LTN) 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.


GLG Life Tech Cyclically Adjusted PB Ratio Related Terms


GLG Life Tech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GLG Life Tech'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.

GLG Life Tech Cyclically Adjusted PB Ratio Chart

GLG Life Tech 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 0.00 0.00 0.00 0.00 0.00

GLG Life Tech 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 0.00 0.00

STU:9LTN vs ADM, TSN, BG: Cyclically Adjusted PB Ratio Comparison

For the Farm Products subindustry, GLG Life Tech'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.


GLG Life Tech Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, GLG Life Tech's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GLG Life Tech 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.

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

For example, GLG Life Tech'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)
=-1.877/132.2623*132.2623
=-1.877

Current CPI (Mar. 2026) = 132.2623.

GLG Life Tech Quarterly Data

Book Value per Share CPI Adj_Book
201606 -1.330 102.002 -1.725
201609 -1.405 101.765 -1.826
201612 -1.640 101.449 -2.138
201703 -1.694 102.634 -2.183
201706 -1.351 103.029 -1.734
201709 -1.436 103.345 -1.838
201712 -1.423 103.345 -1.821
201803 -1.475 105.004 -1.858
201806 -1.354 105.557 -1.697
201809 -1.368 105.636 -1.713
201812 -1.562 105.399 -1.960
201903 -1.699 106.979 -2.101
201906 -1.708 107.690 -2.098
201909 -1.805 107.611 -2.218
201912 -1.907 107.769 -2.340
202003 -2.012 107.927 -2.466
202006 -1.863 108.401 -2.273
202009 -2.073 108.164 -2.535
202012 -2.077 108.559 -2.530
202103 -2.212 110.298 -2.652
202106 -2.328 111.720 -2.756
202109 -2.406 112.905 -2.819
202112 -2.650 113.774 -3.081
202203 -2.810 117.646 -3.159
202206 -2.966 120.806 -3.247
202209 -3.189 120.648 -3.496
202212 -3.069 120.964 -3.356
202303 -3.307 122.702 -3.565
202306 -3.279 124.203 -3.492
202309 -3.427 125.230 -3.619
202312 -3.010 125.072 -3.183
202403 -3.122 126.258 -3.270
202406 -3.229 127.522 -3.349
202409 -1.699 127.285 -1.765
202412 -1.840 127.364 -1.911
202503 -1.834 129.181 -1.878
202506 -1.678 129.892 -1.709
202509 -1.711 130.287 -1.737
202512 -1.753 130.366 -1.778
202603 -1.877 132.262 -1.877

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.


GLG Life Tech Business Description

Address 13071 Vanier Place, Suite 220, Richmond, BC, CAN, V6V 2J1
GLG Life Tech Corp is a supplier of stevia extract, an all-natural sweetener extracted from the stevia plant, and monk fruit extract, an all-natural sweetener extracted from monk fruit (also known as luo han guo). The company specializes in the research and development and, through its long-term contractual relationship with a Chinese firm, produces these extracts for distribution to the food and beverage industry globally. Furthermore, it has expanded its product offerings through the supply of ingredients complementary to the natural high-intensity sweetener market under its Naturals+ product line. GLG has only one reportable segment: the Natural Sweeteners Products segment. Geographically, the company generates maximum revenue from North America and the rest from other markets.