RB Global (TSX:RBA) Cyclically Adjusted PB Ratio: 5.10 (As of Sep. 16, 2026) — 24% Below Median

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TSX:RBA RB Global Inc TSX:RBA
89 GF Score
Price C$119.81
GF Value C$149.07
Valuation Modestly Undervalued
! 5 Warning Signs
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What is RB Global Cyclically Adjusted PB Ratio?

RB Global TSX:RBA +2.49% 89 Cyclically Adjusted PB Ratio is 5.10 as of Sep. 16, 2026, which is 24% below its 10-year median of 6.72. GuruFocus rates TSX:RBA with a GF Score™ of 89/100 and a GF Value™ of C$149.07 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 688 Business Services companies, RB Global ranks worse than 88.23% on this metric.

As of today (2026-09-16), RB Global's current share price is C$119.81. RB Global's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$23.48. RB Global's Cyclically Adjusted PB Ratio for today is 5.10.

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

TSX:RBA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.57   Med: 6.72   Max: 11.3
Current: 4.95

During the past years, RB Global's highest Cyclically Adjusted PB Ratio was 11.30. The lowest was 4.57. And the median was 6.72.

TSX:RBA's Cyclically Adjusted PB Ratio is ranked worse than
88.23% of 688 companies
in the Business Services industry
Industry Median: 1.53 vs TSX:RBA: 4.95

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.

RB Global's adjusted book value per share data for the three months ended in Jun. 2026 was C$42.681. 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$23.48 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RB Global  (TSX:RBA) 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.


RB Global Cyclically Adjusted PB Ratio Related Terms


RB Global Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RB 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.

RB Global Cyclically Adjusted PB Ratio Chart

RB 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 7.45 6.60 5.93 7.03 6.50

RB Global 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 7.30 7.29 6.63 5.93 7.03

TSX:RBA vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, RB 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.


RB Global Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, RB Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:RBA
89GF Score
RB Global Inc TSX:RBA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=119.81/23.483
=5.10

* 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.

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

For example, RB Global'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)
=42.681/333.9520*333.9520
=42.681

Current CPI (Jun. 2026) = 333.9520.

RB Global Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.556 241.428 11.835
201612 8.685 241.432 12.013
201703 8.681 243.801 11.891
201706 8.691 244.955 11.849
201709 8.398 246.819 11.363
201712 8.699 246.524 11.784
201803 9.086 249.554 12.159
201806 9.623 251.989 12.753
201809 9.767 252.439 12.921
201812 10.502 251.233 13.960
201903 10.215 254.202 13.420
201906 10.129 256.143 13.206
201909 10.318 256.759 13.420
201912 10.757 256.974 13.979
202003 11.116 258.115 14.382
202006 11.338 257.797 14.687
202009 11.783 260.280 15.118
202012 11.739 260.474 15.050
202103 11.521 264.877 14.525
202106 11.909 271.696 14.638
202109 12.183 274.310 14.832
202112 12.230 278.802 14.649
202203 13.822 287.504 16.055
202206 14.485 296.311 16.325
202209 15.358 296.808 17.280
202212 15.764 296.797 17.737
202303 36.275 301.836 40.135
202306 35.853 305.109 39.242
202309 36.518 307.789 39.622
202312 36.256 306.746 39.472
202403 37.419 312.332 40.009
202406 38.367 314.175 40.782
202409 38.239 315.301 40.501
202412 40.751 315.605 43.120
202503 41.152 319.799 42.973
202506 40.175 322.561 41.594
202509 41.194 324.800 42.355
202512 41.187 324.054 42.445
202603 42.093 330.213 42.570
202606 42.681 333.952 42.681

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 5.10 mean?
RB Global (TSX:RBA) has a Cyclically Adjusted PB Ratio of 5.10 as of Sep. 16, 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 RB Global and its competitors. This is 24% below median its historical median of 6.72. Over the past decade, RB Global's Cyclically Adjusted PB Ratio has ranged from 4.57 to 11.30. According to the industry distribution chart, RB Global ranks #607 out of 688 companies in the Business Services industry, placing it in the top 88.2%.
Is RB Global's Cyclically Adjusted PB Ratio too high?
RB Global's current Cyclically Adjusted PB Ratio of 5.10 is 24% below median its 10-year median of 6.72. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 11.30. The Business Services industry median Cyclically Adjusted PB Ratio is 1.53. RB Global's value of 5.10 is 233.3% above this industry median. Based on the distribution chart, RB Global ranks #607 out of 688 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, RB Global has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RB Global's Cyclically Adjusted PB Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, RB Global ranks #607 out of 688 companies for Cyclically Adjusted PB Ratio. This places RB Global in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. RB Global's value of 5.10 is 233.3% above this benchmark. Historically, RB Global's own Cyclically Adjusted PB Ratio has ranged from 4.57 to 11.30 over the past decade. While the company's 10-year median is 6.72 vs. the industry median of 1.53, RB Global 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.53, based on 688 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. RB Global's current Cyclically Adjusted PB Ratio of 5.10 is 233.3% 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 RB Global and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RB Global's current Cyclically Adjusted PB Ratio is 5.10, which is 24% below median its own 10-year median of 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RB Global stock overvalued right now?
Based on GuruFocus' analysis, RB Global (TSX:RBA) is currently considered Modestly Undervalued. The stock's GF Value™ is C$149.07, compared to a current price of C$119.81 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.10, which is 24% below median its 10-year median of 6.72 and 233.3% above the Business Services industry median of 1.53. RB Global's overall GF Score™ is 89/100 with 5 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 RB Global (TSX:RBA), the current Cyclically Adjusted PB Ratio is 5.10 as of Sep. 16, 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 RB Global (TSX:RBA) Overvalued in 2026?

Based on GuruFocus' analysis, RB Global stock appears to be undervalued. The current stock price of C$119.81 is trading 19.6% below its estimated GF Value™ of C$149.07. GuruFocus considers RB Global to be Modestly Undervalued.

Key valuation signals for TSX:RBA:

  • Cyclically Adjusted PB Ratio: 5.10 (24% below median its 10-year median of 6.72)
  • GF Value™: C$149.07 vs. price of C$119.81 (19.6% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 233.3% above the Business Services median (#607 of 688)

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


RB Global Business Description

Other Exchanges RBA:USAJ1F:Germany
Address Two Westbrook Corporate Center, Suite 500, Westchester, IL, USA, 60154
RB Global has evolved into a leading global marketplace that connects buyers and sellers of commercial assets and vehicles. It is the result of the 2023 combination of Ritchie Bros. and IAA. Ritchie Bros.' roots were as an auctioneer facilitating transactions of commercial, construction, and transportation equipment (excavators, bulldozers, forklifts, and commercial trucks and trailers). However, it has evolved into an omnichannel marketplace. IAA has similar roots, though primarily focused on the salvage auction segment for consumer automobiles. The group provides ancillary services including title processing, transportation/towing, financing, data and appraisal, and so on. Its activities are international, though skewing approximately two-thirds to North America.
89GF Score

Get the complete analysis for TSX:RBA

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

C$119.81
Price
C$149.07
GF Value