Evolution PowerX (TSX:E) Cyclically Adjusted PB Ratio: 1.53 (As of Sep. 14, 2026) — 350% Above Median

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TSX:E Evolution PowerX Corp TSX:E
83 GF Score
Price C$1.55
GF Value C$1.44
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Evolution PowerX Cyclically Adjusted PB Ratio?

Evolution PowerX TSX:E 83 Cyclically Adjusted PB Ratio is 1.53 as of Sep. 14, 2026, which is 350% above its 10-year median of 0.34. GuruFocus rates TSX:E with a GF Score™ of 83/100 and a GF Value™ of C$1.44 (Fairly Valued). The stock has 6 warning signs investors should review. Among 754 Oil & Gas companies, Evolution PowerX ranks worse than 59.15% on this metric.

As of today (2026-09-14), Evolution PowerX's current share price is C$1.55. Evolution PowerX's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$1.01. Evolution PowerX's Cyclically Adjusted PB Ratio for today is 1.53.

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

TSX:E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.34   Max: 2.38
Current: 1.54

During the past years, Evolution PowerX's highest Cyclically Adjusted PB Ratio was 2.38. The lowest was 0.11. And the median was 0.34.

TSX:E's Cyclically Adjusted PB Ratio is ranked worse than
59.15% of 754 companies
in the Oil & Gas industry
Industry Median: 1.265 vs TSX:E: 1.54

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.

Evolution PowerX's adjusted book value per share data for the three months ended in Jun. 2026 was C$1.116. 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$1.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolution PowerX  (TSX:E) 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.


Evolution PowerX Cyclically Adjusted PB Ratio Related Terms


Evolution PowerX Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Evolution PowerX'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.

Evolution PowerX Cyclically Adjusted PB Ratio Chart

Evolution PowerX 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 0.28 0.33 0.65 1.78 1.43

Evolution PowerX Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.79 1.40 1.43 1.21 1.41

TSX:E vs SLB, BKR, HAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Evolution PowerX'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.


Evolution PowerX Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Evolution PowerX's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:E
83GF Score
Evolution PowerX Corp TSX:E
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evolution PowerX 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.

Evolution PowerX's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.55/1.01
=1.53

* 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.

Evolution PowerX's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.116/133.5265*133.5265
=1.116

Current CPI (Jun. 2026) = 133.5265.

Evolution PowerX Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.131 101.765 1.484
201612 0.952 101.449 1.253
201703 0.951 102.634 1.237
201706 0.922 103.029 1.195
201709 0.928 103.345 1.199
201712 0.936 103.345 1.209
201803 0.986 105.004 1.254
201806 0.930 105.557 1.176
201809 0.910 105.636 1.150
201812 0.827 105.399 1.048
201903 0.840 106.979 1.048
201906 0.802 107.690 0.994
201909 0.795 107.611 0.986
201912 0.790 107.769 0.979
202003 0.809 107.927 1.001
202006 0.775 108.401 0.955
202009 0.747 108.164 0.922
202012 0.708 108.559 0.871
202103 0.715 110.298 0.866
202106 0.679 111.720 0.812
202109 0.666 112.905 0.788
202112 0.673 113.774 0.790
202203 0.712 117.646 0.808
202206 0.699 120.806 0.773
202209 0.641 120.648 0.709
202212 0.683 120.964 0.754
202303 0.745 122.702 0.811
202306 0.740 124.203 0.796
202309 0.774 125.230 0.825
202312 0.821 125.072 0.876
202403 0.884 126.258 0.935
202406 0.885 127.522 0.927
202409 0.879 127.285 0.922
202412 1.066 127.364 1.118
202503 1.104 129.181 1.141
202506 1.097 129.892 1.128
202509 1.108 130.287 1.136
202512 1.087 130.366 1.113
202603 1.115 132.262 1.126
202606 1.116 133.527 1.116

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 1.53 mean?
Evolution PowerX (TSX:E) has a Cyclically Adjusted PB Ratio of 1.53 as of Sep. 14, 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 Evolution PowerX and its competitors. This is 350% above median its historical median of 0.34. Over the past decade, Evolution PowerX's Cyclically Adjusted PB Ratio has ranged from 0.11 to 2.38. According to the industry distribution chart, Evolution PowerX ranks #446 out of 754 companies in the Oil & Gas industry, placing it in the top 59.2%.
Is Evolution PowerX's Cyclically Adjusted PB Ratio too high?
Evolution PowerX's current Cyclically Adjusted PB Ratio of 1.53 is 350% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 2.38. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.27. Evolution PowerX's value of 1.53 is 20.9% above this industry median. Based on the distribution chart, Evolution PowerX ranks #446 out of 754 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Evolution PowerX has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evolution PowerX's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Evolution PowerX ranks #446 out of 754 companies for Cyclically Adjusted PB Ratio. This places Evolution PowerX in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Evolution PowerX's value of 1.53 is 20.9% above this benchmark. Historically, Evolution PowerX's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 2.38 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.27, Evolution PowerX 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.27, based on 754 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. Evolution PowerX's current Cyclically Adjusted PB Ratio of 1.53 is 20.9% 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 Evolution PowerX and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution PowerX's current Cyclically Adjusted PB Ratio is 1.53, which is 350% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution PowerX stock overvalued right now?
Based on GuruFocus' analysis, Evolution PowerX (TSX:E) is currently considered Fairly Valued. The stock's GF Value™ is C$1.44, compared to a current price of C$1.55 — trading 7.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.53, which is 350% above median its 10-year median of 0.34 and 20.9% above the Oil & Gas industry median of 1.27. Evolution PowerX's overall GF Score™ is 83/100 with 6 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 Evolution PowerX (TSX:E), the current Cyclically Adjusted PB Ratio is 1.53 as of Sep. 14, 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 Evolution PowerX (TSX:E) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution PowerX stock appears to be overvalued. The current stock price of C$1.55 is trading 7.6% above its estimated GF Value™ of C$1.44. GuruFocus considers Evolution PowerX to be Fairly Valued.

Key valuation signals for TSX:E:

  • Cyclically Adjusted PB Ratio: 1.53 (350% above median its 10-year median of 0.34)
  • GF Value™: C$1.44 vs. price of C$1.55 (7.6% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 20.9% above the Oil & Gas median (#446 of 754)

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


Evolution PowerX Business Description

Industry EnergyOil & Gas
Other Exchanges ETOLF:USA3EO1:Germany
Address 340 Circle Drive, Suite 200, St. Albert, AB, CAN, T8N 7L5
Enterprise Group Inc is a consolidator of services-including specialized equipment rental to the energy/resource sector. The Company works with particular emphasis on systems and technologies that mitigate, reduce, or eliminate CO2 and Greenhouse Gas and other harmful emissions for itself and its clients.
83GF Score

Get the complete analysis for TSX:E

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

C$1.55
Price
C$1.44
GF Value