GreenPower Motor Co (STU:GRT) Cyclically Adjusted PB Ratio: 0.08 (As of Aug. 11, 2026) — 98% Below Median

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.

STU:GRT GreenPower Motor Co Inc STU:GRT
42 GF Score
Price €1.24
GF Value €3.10
! 7 Warning Signs
View Full Analysis

What is GreenPower Motor Co Cyclically Adjusted PB Ratio?

GreenPower Motor Co STU:GRT +5.08% 42 Cyclically Adjusted PB Ratio is 0.08 as of Aug. 11, 2026, which is 98% below its 10-year median of 3.70. GuruFocus rates STU:GRT with a GF Score™ of 42/100 and a GF Value™ of €3.10. The stock has 7 warning signs investors should review. Among 166 Farm & Heavy Construction Machinery companies, GreenPower Motor Co ranks better than 96.39% on this metric.

As of today (2026-08-11), GreenPower Motor Co's current share price is €1.24. GreenPower Motor Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €16.52. GreenPower Motor Co's Cyclically Adjusted PB Ratio for today is 0.08.

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

STU:GRT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 3.7   Max: 62.59
Current: 0.24

During the past years, GreenPower Motor Co's highest Cyclically Adjusted PB Ratio was 62.59. The lowest was 0.13. And the median was 3.70.

STU:GRT's Cyclically Adjusted PB Ratio is ranked better than
96.39% of 166 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.565 vs STU:GRT: 0.24

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.

GreenPower Motor Co's adjusted book value per share data for the three months ended in Mar. 2026 was €0.266. 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 €16.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GreenPower Motor Co  (STU:GRT) 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.


GreenPower Motor Co Cyclically Adjusted PB Ratio Related Terms


GreenPower Motor Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GreenPower Motor Co'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.

GreenPower Motor Co Cyclically Adjusted PB Ratio Chart

GreenPower Motor Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.38 3.19 2.80 0.77 0.17

GreenPower Motor Co 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 0.77 0.63 0.57 0.13 0.17

STU:GRT vs ARTW, CLEV, HCAI: Cyclically Adjusted PB Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, GreenPower Motor Co'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.


GreenPower Motor Co Cyclically Adjusted PB Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GreenPower Motor Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:GRT
42GF Score
GreenPower Motor Co Inc STU:GRT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GreenPower Motor Co 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.

GreenPower Motor Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.24/16.52
=0.08

* 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.

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

For example, GreenPower Motor Co'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)
=0.266/132.2623*132.2623
=0.266

Current CPI (Mar. 2026) = 132.2623.

GreenPower Motor Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.401 102.002 1.817
201609 1.100 101.765 1.430
201612 2.071 101.449 2.700
201703 1.558 102.634 2.008
201706 1.469 103.029 1.886
201709 1.232 103.345 1.577
201712 1.201 103.345 1.537
201803 1.321 105.004 1.664
201806 1.067 105.557 1.337
201809 0.811 105.636 1.015
201812 0.273 105.399 0.343
201903 -0.056 106.979 -0.069
201906 1.408 107.690 1.729
201909 1.146 107.611 1.409
201912 0.510 107.769 0.626
202003 -0.686 107.927 -0.841
202006 -1.372 108.401 -1.674
202009 15.506 108.164 18.961
202012 14.739 108.559 17.957
202103 14.537 110.298 17.432
202106 14.258 111.720 16.880
202109 14.116 112.905 16.536
202112 14.069 113.774 16.355
202203 13.487 117.646 15.163
202206 12.945 120.806 14.173
202209 12.530 120.648 13.736
202212 10.929 120.964 11.950
202303 10.451 122.702 11.265
202306 9.694 124.203 10.323
202309 8.394 125.230 8.865
202312 6.627 125.072 7.008
202403 4.259 126.258 4.462
202406 3.016 127.522 3.128
202409 1.413 127.285 1.468
202412 0.692 127.364 0.719
202503 -0.504 129.181 -0.516
202506 -1.499 129.892 -1.526
202509 -2.308 130.287 -2.343
202512 -0.801 130.366 -0.813
202603 0.266 132.262 0.266

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 0.08 mean?
GreenPower Motor Co (STU:GRT) has a Cyclically Adjusted PB Ratio of 0.08 as of Aug. 11, 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 GreenPower Motor Co and its competitors. This is 98% below median its historical median of 3.70. Over the past decade, GreenPower Motor Co's Cyclically Adjusted PB Ratio has ranged from 0.13 to 62.59. According to the industry distribution chart, GreenPower Motor Co ranks #6 out of 166 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 3.6%.
Is GreenPower Motor Co's Cyclically Adjusted PB Ratio too high?
GreenPower Motor Co's current Cyclically Adjusted PB Ratio of 0.08 is 98% below median its 10-year median of 3.70. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 62.59. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PB Ratio is 1.57. GreenPower Motor Co's value of 0.08 is 94.9% below this industry median. Based on the distribution chart, GreenPower Motor Co ranks #6 out of 166 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, GreenPower Motor Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does GreenPower Motor Co's Cyclically Adjusted PB Ratio compare to ARTW and CLEV?
According to the Farm & Heavy Construction Machinery industry distribution chart, GreenPower Motor Co ranks #6 out of 166 companies for Cyclically Adjusted PB Ratio. This places GreenPower Motor Co in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.57. GreenPower Motor Co's value of 0.08 is 94.9% below this benchmark. Historically, GreenPower Motor Co's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 62.59 over the past decade. While the company's 10-year median is 3.70 vs. the industry median of 1.57, GreenPower Motor Co 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PB Ratio among Farm & Heavy Construction Machinery companies is 1.57, based on 166 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. GreenPower Motor Co's current Cyclically Adjusted PB Ratio of 0.08 is 94.9% 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 GreenPower Motor Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenPower Motor Co's current Cyclically Adjusted PB Ratio is 0.08, which is 98% below median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenPower Motor Co stock overvalued right now?
GreenPower Motor Co (STU:GRT) has a current Cyclically Adjusted PB Ratio of 0.08. The stock's GF Value™ is €3.10, compared to a current price of €1.24 — trading 60% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.08, which is 98% below median its 10-year median of 3.70 and 94.9% below the Farm & Heavy Construction Machinery industry median of 1.57. GreenPower Motor Co's overall GF Score™ is 42/100 with 7 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 GreenPower Motor Co (STU:GRT), the current Cyclically Adjusted PB Ratio is 0.08 as of Aug. 11, 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 GreenPower Motor Co (STU:GRT) Overvalued in 2026?

Based on GuruFocus' analysis, GreenPower Motor Co stock appears to be undervalued. The current stock price of €1.24 is trading 60% below its estimated GF Value™ of €3.10.

Key valuation signals for STU:GRT:

  • Cyclically Adjusted PB Ratio: 0.08 (98% below median its 10-year median of 3.70)
  • GF Value™: €3.10 vs. price of €1.24 (60% below fair value)
  • GF Score™: 42/100 with 7 warning signs
  • Industry Position: 94.9% below the Farm & Heavy Construction Machinery median (#6 of 166)

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


GreenPower Motor Co Business Description

Other Exchanges GP:USAGRT:Germany
Address 209 Carrall Street, Suite 240, Vancouver, BC, CAN, V6B 2J2
GreenPower Motor Co Inc is the manufacturer and distributor of all-electric charter, school, and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes all-electric transit buses, all-electric school buses, and shuttle buses. The company's buses depend on clean sheet design and utilize a custom battery management system and a proprietary flex power system for the drive motors. Geographically, the company generates a majority of its revenue from the United States of America and the rest from Canada.
42GF Score

Get the complete analysis for STU:GRT

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

€1.24
Price
€3.10
GF Value