EcoSynthetix (TSX:ECO) Cyclically Adjusted PB Ratio: 2.06 (As of Jul. 24, 2026) — 27% Below Median

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TSX:ECO EcoSynthetix Inc TSX:ECO
50 GF Score
Price C$2.70
GF Value C$4.89
Valuation Significantly Undervalued
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What is EcoSynthetix Cyclically Adjusted PB Ratio?

EcoSynthetix TSX:ECO -0.37% 50 Cyclically Adjusted PB Ratio is 2.06 as of Jul. 24, 2026, which is 27% below its 10-year median of 2.84. GuruFocus rates TSX:ECO with a GF Score™ of 50/100 and a GF Value™ of C$4.89 (Significantly Undervalued). Among 1,273 Chemicals companies, EcoSynthetix ranks worse than 56.64% on this metric.

As of today (2026-07-24), EcoSynthetix's current share price is C$2.70. EcoSynthetix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$1.31. EcoSynthetix's Cyclically Adjusted PB Ratio for today is 2.06.

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

TSX:ECO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.84   Max: 4.09
Current: 2.02

During the past years, EcoSynthetix's highest Cyclically Adjusted PB Ratio was 4.09. The lowest was 1.21. And the median was 2.84.

TSX:ECO's Cyclically Adjusted PB Ratio is ranked worse than
56.64% of 1273 companies
in the Chemicals industry
Industry Median: 1.66 vs TSX:ECO: 2.02

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.

EcoSynthetix's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.893. 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$1.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


EcoSynthetix  (TSX:ECO) 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.


EcoSynthetix Cyclically Adjusted PB Ratio Related Terms


EcoSynthetix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for EcoSynthetix'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.

EcoSynthetix Cyclically Adjusted PB Ratio Chart

EcoSynthetix 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 3.48 2.53 2.35 3.06 3.03

EcoSynthetix 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 3.13 2.94 3.19 3.03 2.45

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

For the Specialty Chemicals subindustry, EcoSynthetix'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.


EcoSynthetix Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


TSX:ECO
50GF Score
EcoSynthetix Inc TSX:ECO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EcoSynthetix 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.70/1.31
=2.06

* 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.

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

For example, EcoSynthetix'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)
=0.893/132.2623*132.2623
=0.893

Current CPI (Mar. 2026) = 132.2623.

EcoSynthetix Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.467 102.002 1.902
201609 1.452 101.765 1.887
201612 1.432 101.449 1.867
201703 1.402 102.634 1.807
201706 1.361 103.029 1.747
201709 1.231 103.345 1.575
201712 1.252 103.345 1.602
201803 1.244 105.004 1.567
201806 1.244 105.557 1.559
201809 1.229 105.636 1.539
201812 1.248 105.399 1.566
201903 1.235 106.979 1.527
201906 1.225 107.690 1.505
201909 1.210 107.611 1.487
201912 1.187 107.769 1.457
202003 1.245 107.927 1.526
202006 1.191 108.401 1.453
202009 1.150 108.164 1.406
202012 1.109 108.559 1.351
202103 1.070 110.298 1.283
202106 1.024 111.720 1.212
202109 1.044 112.905 1.223
202112 1.038 113.774 1.207
202203 1.006 117.646 1.131
202206 1.001 120.806 1.096
202209 1.031 120.648 1.130
202212 1.033 120.964 1.129
202303 1.018 122.702 1.097
202306 0.959 124.203 1.021
202309 0.963 125.230 1.017
202312 0.937 125.072 0.991
202403 0.926 126.258 0.970
202406 0.924 127.522 0.958
202409 0.916 127.285 0.952
202412 0.958 127.364 0.995
202503 0.949 129.181 0.972
202506 0.899 129.892 0.915
202509 0.910 130.287 0.924
202512 0.910 130.366 0.923
202603 0.893 132.262 0.893

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 2.06 mean?
EcoSynthetix (TSX:ECO) has a Cyclically Adjusted PB Ratio of 2.06 as of Jul. 24, 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 EcoSynthetix and its competitors. This is 27% below median its historical median of 2.84. Over the past decade, EcoSynthetix's Cyclically Adjusted PB Ratio has ranged from 1.21 to 4.09. According to the industry distribution chart, EcoSynthetix ranks #721 out of 1273 companies in the Chemicals industry, placing it in the top 56.6%.
Is EcoSynthetix's Cyclically Adjusted PB Ratio too high?
EcoSynthetix's current Cyclically Adjusted PB Ratio of 2.06 is 27% below median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 4.09. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.66. EcoSynthetix's value of 2.06 is 24.1% above this industry median. Based on the distribution chart, EcoSynthetix ranks #721 out of 1273 companies in the Chemicals industry, which is below the industry midpoint. Overall, EcoSynthetix has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EcoSynthetix's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, EcoSynthetix ranks #721 out of 1273 companies for Cyclically Adjusted PB Ratio. This places EcoSynthetix in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. EcoSynthetix's value of 2.06 is 24.1% above this benchmark. Historically, EcoSynthetix's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 4.09 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 1.66, EcoSynthetix 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.66, based on 1,273 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. EcoSynthetix's current Cyclically Adjusted PB Ratio of 2.06 is 24.1% 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 EcoSynthetix and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EcoSynthetix's current Cyclically Adjusted PB Ratio is 2.06, which is 27% below median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EcoSynthetix stock overvalued right now?
Based on GuruFocus' analysis, EcoSynthetix (TSX:ECO) is currently considered Significantly Undervalued. The stock's GF Value™ is C$4.89, compared to a current price of C$2.70 — trading 44.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.06, which is 27% below median its 10-year median of 2.84 and 24.1% above the Chemicals industry median of 1.66. EcoSynthetix's overall GF Score™ is 50/100. 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 EcoSynthetix (TSX:ECO), the current Cyclically Adjusted PB Ratio is 2.06 as of Jul. 24, 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 EcoSynthetix (TSX:ECO) Overvalued in 2026?

Based on GuruFocus' analysis, EcoSynthetix stock appears to be undervalued. The current stock price of C$2.70 is trading 44.8% below its estimated GF Value™ of C$4.89. GuruFocus considers EcoSynthetix to be Significantly Undervalued.

Key valuation signals for TSX:ECO:

  • Cyclically Adjusted PB Ratio: 2.06 (27% below median its 10-year median of 2.84)
  • GF Value™: C$4.89 vs. price of C$2.70 (44.8% below fair value)
  • GF Score™: 50/100
  • Industry Position: 24.1% above the Chemicals median (#721 of 1273)

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


EcoSynthetix Business Description

Other Exchanges ECSNF:USA
Address 3365 Mainway, Burlington, ON, CAN, L7M 1A6
EcoSynthetix Inc is engaged in the development and commercialization of environmentally friendly, bio-based technologies as replacement solutions for synthetic, petrochemical-based chemicals and other related products in the Americas, Europe, Middle East and Africa (EMEA) and Asia Pacific. The Company operates in one operating segment and generates revenue from its biopolymer nanosphere technology platform.
50GF Score

Get the complete analysis for TSX:ECO

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

C$2.70
Price
C$4.89
GF Value