McCoy Global (TSX:MCB) Cyclically Adjusted PB Ratio: 1.05 (As of Jul. 28, 2026) — 119% Above Median

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TSX:MCB McCoy Global Inc TSX:MCB
70 GF Score
Price C$2.14
GF Value C$2.21
Valuation Fairly Valued
! 4 Warning Signs
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What is McCoy Global Cyclically Adjusted PB Ratio?

McCoy Global TSX:MCB -1.83% 70 Cyclically Adjusted PB Ratio is 1.05 as of Jul. 28, 2026, which is 119% above its 10-year median of 0.48. GuruFocus rates TSX:MCB with a GF Score™ of 70/100 and a GF Value™ of C$2.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 766 Oil & Gas companies, McCoy Global ranks better than 54.96% on this metric.

As of today (2026-07-28), McCoy Global's current share price is C$2.14. McCoy Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$2.04. McCoy Global's Cyclically Adjusted PB Ratio for today is 1.05.

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

TSX:MCB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.48   Max: 2.05
Current: 1.07

During the past years, McCoy Global's highest Cyclically Adjusted PB Ratio was 2.05. The lowest was 0.13. And the median was 0.48.

TSX:MCB's Cyclically Adjusted PB Ratio is ranked better than
54.96% of 766 companies
in the Oil & Gas industry
Industry Median: 1.21 vs TSX:MCB: 1.07

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.

McCoy Global's adjusted book value per share data for the three months ended in Mar. 2026 was C$2.480. 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$2.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


McCoy Global  (TSX:MCB) 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.


McCoy Global Cyclically Adjusted PB Ratio Related Terms


McCoy Global Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for McCoy Global'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.

McCoy Global Cyclically Adjusted PB Ratio Chart

McCoy Global 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 0.26 0.37 0.86 1.27 1.43

McCoy Global 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 1.46 1.85 1.78 1.43 1.21

TSX:MCB vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, McCoy Global'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.


McCoy Global Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


TSX:MCB
70GF Score
McCoy Global Inc TSX:MCB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McCoy Global 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.

McCoy Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.14/2.04
=1.05

* 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.

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

For example, McCoy Global'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)
=2.48/132.2623*132.2623
=2.480

Current CPI (Mar. 2026) = 132.2623.

McCoy Global Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.363 102.002 3.064
201609 2.281 101.765 2.965
201612 2.159 101.449 2.815
201703 2.015 102.634 2.597
201706 1.872 103.029 2.403
201709 1.703 103.345 2.180
201712 1.488 103.345 1.904
201803 1.465 105.004 1.845
201806 1.386 105.557 1.737
201809 1.369 105.636 1.714
201812 1.470 105.399 1.845
201903 1.461 106.979 1.806
201906 1.363 107.690 1.674
201909 1.425 107.611 1.751
201912 1.370 107.769 1.681
202003 1.493 107.927 1.830
202006 1.457 108.401 1.778
202009 1.398 108.164 1.709
202012 1.277 108.559 1.556
202103 1.259 110.298 1.510
202106 1.284 111.720 1.520
202109 1.333 112.905 1.562
202112 1.418 113.774 1.648
202203 1.404 117.646 1.578
202206 1.483 120.806 1.624
202209 1.582 120.648 1.734
202212 1.821 120.964 1.991
202303 1.835 122.702 1.978
202306 1.834 124.203 1.953
202309 1.956 125.230 2.066
202312 2.003 125.072 2.118
202403 2.065 126.258 2.163
202406 2.180 127.522 2.261
202409 2.151 127.285 2.235
202412 2.435 127.364 2.529
202503 2.447 129.181 2.505
202506 2.344 129.892 2.387
202509 2.394 130.287 2.430
202512 2.559 130.366 2.596
202603 2.480 132.262 2.480

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 1.05 mean?
McCoy Global (TSX:MCB) has a Cyclically Adjusted PB Ratio of 1.05 as of Jul. 28, 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 McCoy Global and its competitors. This is 119% above median its historical median of 0.48. Over the past decade, McCoy Global's Cyclically Adjusted PB Ratio has ranged from 0.13 to 2.05. According to the industry distribution chart, McCoy Global ranks #345 out of 766 companies in the Oil & Gas industry, placing it in the top 45%.
Is McCoy Global's Cyclically Adjusted PB Ratio too high?
McCoy Global's current Cyclically Adjusted PB Ratio of 1.05 is 119% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 2.05. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. McCoy Global's value of 1.05 is 13.2% below this industry median. Based on the distribution chart, McCoy Global ranks #345 out of 766 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, McCoy Global has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does McCoy Global's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, McCoy Global ranks #345 out of 766 companies for Cyclically Adjusted PB Ratio. This puts McCoy Global in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. McCoy Global's value of 1.05 is 13.2% below this benchmark. Historically, McCoy Global's own Cyclically Adjusted PB Ratio has ranged from 0.13 to 2.05 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.21, McCoy Global 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 766 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. McCoy Global's current Cyclically Adjusted PB Ratio of 1.05 is 13.2% 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 McCoy Global and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McCoy Global's current Cyclically Adjusted PB Ratio is 1.05, which is 119% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McCoy Global stock overvalued right now?
Based on GuruFocus' analysis, McCoy Global (TSX:MCB) is currently considered Fairly Valued. The stock's GF Value™ is C$2.21, compared to a current price of C$2.14 — trading 3.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.05, which is 119% above median its 10-year median of 0.48 and 13.2% below the Oil & Gas industry median of 1.21. McCoy Global's overall GF Score™ is 70/100 with 4 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 McCoy Global (TSX:MCB), the current Cyclically Adjusted PB Ratio is 1.05 as of Jul. 28, 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 McCoy Global (TSX:MCB) Overvalued in 2026?

Based on GuruFocus' analysis, McCoy Global stock appears to be undervalued. The current stock price of C$2.14 is trading 3.2% below its estimated GF Value™ of C$2.21. GuruFocus considers McCoy Global to be Fairly Valued.

Key valuation signals for TSX:MCB:

  • Cyclically Adjusted PB Ratio: 1.05 (119% above median its 10-year median of 0.48)
  • GF Value™: C$2.21 vs. price of C$2.14 (3.2% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 13.2% below the Oil & Gas median (#345 of 766)

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


McCoy Global Business Description

Industry EnergyOil & Gas
Other Exchanges MCCRF:USA773:Germany
Address 14727 87th Avenue NW, Suite 300, Edmonton, AB, CAN, T5R 4E5
McCoy Global Inc is a provider of equipment and technologies designed to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the energy industry across the globe. Its products are used predominantly during the well construction phase for both land and offshore wells during both oil and gas exploration and development. The company's products include: smarTR Product Suite, Wellbore Construction Equipment, Sensors for Harsh Environments, Parts & Consumables, Control and Monitoring Systems, Equipment Rental, Service, Calibration & Training, DRAWWORKS Products, and Others. Geographically, the company oanperates in United States & Latin America, which derives key revenue; Middle East & Africa; Europe; Asia Pacific; and Canada.
70GF Score

Get the complete analysis for TSX:MCB

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

C$2.14
Price
C$2.21
GF Value