Aimia (TSX:AIM) Cyclically Adjusted PB Ratio: 0.63 (As of Jul. 27, 2026) — 14% 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.

TSX:AIM Aimia Inc TSX:AIM
57 GF Score
Price C$2.61
GF Value C$3.24
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Aimia Cyclically Adjusted PB Ratio?

Aimia TSX:AIM +1.56% 57 Cyclically Adjusted PB Ratio is 0.63 as of Jul. 27, 2026, which is 14% below its 10-year median of 0.73. GuruFocus rates TSX:AIM with a GF Score™ of 57/100 and a GF Value™ of C$3.24 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,270 Chemicals companies, Aimia ranks better than 83.54% on this metric.

As of today (2026-07-27), Aimia's current share price is C$2.61. Aimia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$4.13. Aimia's Cyclically Adjusted PB Ratio for today is 0.63.

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

TSX:AIM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.73   Max: 1.42
Current: 0.63

During the past years, Aimia's highest Cyclically Adjusted PB Ratio was 1.42. The lowest was 0.19. And the median was 0.73.

TSX:AIM's Cyclically Adjusted PB Ratio is ranked better than
83.54% of 1270 companies
in the Chemicals industry
Industry Median: 1.645 vs TSX:AIM: 0.63

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.

Aimia's adjusted book value per share data for the three months ended in Mar. 2026 was C$3.057. 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 C$4.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aimia  (TSX:AIM) 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.


Aimia Cyclically Adjusted PB Ratio Related Terms


Aimia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aimia'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.

Aimia Cyclically Adjusted PB Ratio Chart

Aimia 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 1.25 0.94 0.77 0.64 0.66

Aimia 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 0.64 0.66 0.78 0.66 0.68

TSX:AIM vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Aimia'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.


Aimia Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Aimia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:AIM
57GF Score
Aimia Inc TSX:AIM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aimia 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.61/4.13
=0.63

* 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.

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

For example, Aimia'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)
=3.057/132.2623*132.2623
=3.057

Current CPI (Mar. 2026) = 132.2623.

Aimia Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.751 102.002 2.270
201609 1.426 101.765 1.853
201612 0.903 101.449 1.177
201703 0.609 102.634 0.785
201706 0.179 103.029 0.230
201709 -0.137 103.345 -0.175
201712 -1.451 103.345 -1.857
201803 -1.353 105.004 -1.704
201806 -1.253 105.557 -1.570
201809 -1.139 105.636 -1.426
201812 -4.010 105.399 -5.032
201903 4.652 106.979 5.751
201906 5.084 107.690 6.244
201909 5.272 107.611 6.480
201912 4.642 107.769 5.697
202003 4.589 107.927 5.624
202006 4.837 108.401 5.902
202009 4.711 108.164 5.761
202012 4.663 108.559 5.681
202103 4.514 110.298 5.413
202106 4.514 111.720 5.344
202109 4.544 112.905 5.323
202112 4.368 113.774 5.078
202203 4.110 117.646 4.621
202206 3.722 120.806 4.075
202209 9.564 120.648 10.485
202212 9.231 120.964 10.093
202303 8.931 122.702 9.627
202306 7.761 124.203 8.265
202309 7.352 125.230 7.765
202312 6.008 125.072 6.353
202403 5.764 126.258 6.038
202406 5.624 127.522 5.833
202409 5.625 127.285 5.845
202412 5.237 127.364 5.438
202503 3.812 129.181 3.903
202506 3.689 129.892 3.756
202509 3.678 130.287 3.734
202512 3.508 130.366 3.559
202603 3.057 132.262 3.057

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 0.63 mean?
Aimia (TSX:AIM) has a Cyclically Adjusted PB Ratio of 0.63 as of Jul. 27, 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 Aimia and its competitors. This is 14% below median its historical median of 0.73. Over the past decade, Aimia's Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.42. According to the industry distribution chart, Aimia ranks #209 out of 1270 companies in the Chemicals industry, placing it in the top 16.5%.
Is Aimia's Cyclically Adjusted PB Ratio too high?
Aimia's current Cyclically Adjusted PB Ratio of 0.63 is 14% below median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.42. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Aimia's value of 0.63 is 61.7% below this industry median. Based on the distribution chart, Aimia ranks #209 out of 1270 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Aimia has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aimia's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Aimia ranks #209 out of 1270 companies for Cyclically Adjusted PB Ratio. This places Aimia in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.65. Aimia's value of 0.63 is 61.7% below this benchmark. Historically, Aimia's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 1.42 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.65, Aimia 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.65, based on 1,270 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. Aimia's current Cyclically Adjusted PB Ratio of 0.63 is 61.7% 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 Aimia and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aimia's current Cyclically Adjusted PB Ratio is 0.63, which is 14% below median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aimia stock overvalued right now?
Based on GuruFocus' analysis, Aimia (TSX:AIM) is currently considered Modestly Undervalued. The stock's GF Value™ is C$3.24, compared to a current price of C$2.61 — trading 19.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.63, which is 14% below median its 10-year median of 0.73 and 61.7% below the Chemicals industry median of 1.65. Aimia's overall GF Score™ is 57/100 with 2 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 Aimia (TSX:AIM), the current Cyclically Adjusted PB Ratio is 0.63 as of Jul. 27, 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 Aimia (TSX:AIM) Overvalued in 2026?

Based on GuruFocus' analysis, Aimia stock appears to be undervalued. The current stock price of C$2.61 is trading 19.4% below its estimated GF Value™ of C$3.24. GuruFocus considers Aimia to be Modestly Undervalued.

Key valuation signals for TSX:AIM:

  • Cyclically Adjusted PB Ratio: 0.63 (14% below median its 10-year median of 0.73)
  • GF Value™: C$3.24 vs. price of C$2.61 (19.4% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 61.7% below the Chemicals median (#209 of 1270)

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


Aimia Business Description

Address 1 University Avenue, Floor 3, Toronto, ON, CAN, M5J 2P1
Aimia Inc is a diversified conglomerate. Its priorities include reducing holding company costs, increasing its intrinsic value, reducing the discount of its share price to the intrinsic value of its businesses, and redeploying capital to make investments in undervalued companies. It owns two core businesses: a 94.18% interest in Bozzetto, a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions, and a 100% ownership of Cortland International, a designer, manufacturer and supplier of synthetic fiber ropes, netting solutions, slings and tethers to the the fishing and aquaculture, industrial and safety, marine and shipping, offshore energy, as well as other diversified industrial end markets globally.
57GF Score

Get the complete analysis for TSX:AIM

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

C$2.61
Price
C$3.24
GF Value