Richards Group (TSX:RIC) Cyclically Adjusted PB Ratio: 1.99 (As of Jul. 24, 2026) — 47% Below Median

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TSX:RIC Richards Group Inc TSX:RIC
72 GF Score
Price C$29.90
GF Value C$33.13
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Richards Group Cyclically Adjusted PB Ratio?

Richards Group TSX:RIC +1.25% 72 Cyclically Adjusted PB Ratio is 1.99 as of Jul. 24, 2026, which is 47% below its 10-year median of 3.74. GuruFocus rates TSX:RIC with a GF Score™ of 72/100 and a GF Value™ of C$33.13 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 317 Packaging & Containers companies, Richards Group ranks worse than 68.14% on this metric.

As of today (2026-07-24), Richards Group's current share price is C$29.90. Richards Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$15.01. Richards Group's Cyclically Adjusted PB Ratio for today is 1.99.

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

TSX:RIC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 3.74   Max: 9.34
Current: 1.97

During the past years, Richards Group's highest Cyclically Adjusted PB Ratio was 9.34. The lowest was 1.83. And the median was 3.74.

TSX:RIC's Cyclically Adjusted PB Ratio is ranked worse than
68.14% of 317 companies
in the Packaging & Containers industry
Industry Median: 1.17 vs TSX:RIC: 1.97

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.

Richards Group's adjusted book value per share data for the three months ended in Mar. 2026 was C$19.152. 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$15.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Richards Group  (TSX:RIC) 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.


Richards Group Cyclically Adjusted PB Ratio Related Terms


Richards Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Richards Group'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.

Richards Group Cyclically Adjusted PB Ratio Chart

Richards Group 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 5.96 3.79 2.77 2.16 2.11

Richards Group 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 1.93 2.31 2.39 2.11 1.88

TSX:RIC vs SW, PKG, IP: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Richards Group'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.


Richards Group Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Richards Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:RIC
72GF Score
Richards Group Inc TSX:RIC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Richards Group 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.

Richards Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.90/15.01
=1.99

* 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.

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

For example, Richards Group'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)
=19.152/132.2623*132.2623
=19.152

Current CPI (Mar. 2026) = 132.2623.

Richards Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.388 102.002 10.876
201609 8.555 101.765 11.119
201612 8.607 101.449 11.221
201703 8.700 102.634 11.212
201706 8.443 103.029 10.839
201709 8.315 103.345 10.642
201712 8.435 103.345 10.795
201803 8.895 105.004 11.204
201806 8.973 105.557 11.243
201809 9.002 105.636 11.271
201812 10.029 105.399 12.585
201903 10.012 106.979 12.378
201906 9.839 107.690 12.084
201909 11.372 107.611 13.977
201912 11.285 107.769 13.850
202003 12.549 107.927 15.378
202006 12.552 108.401 15.315
202009 12.655 108.164 15.474
202012 14.298 108.559 17.420
202103 15.115 110.298 18.125
202106 14.698 111.720 17.401
202109 14.873 112.905 17.423
202112 11.943 113.774 13.884
202203 12.002 117.646 13.493
202206 13.007 120.806 14.240
202209 13.785 120.648 15.112
202212 14.742 120.964 16.119
202303 14.932 122.702 16.095
202306 15.429 124.203 16.430
202309 15.989 125.230 16.887
202312 16.444 125.072 17.389
202403 16.711 126.258 17.506
202406 17.518 127.522 18.169
202409 17.717 127.285 18.410
202412 18.626 127.364 19.342
202503 18.760 129.181 19.207
202506 18.421 129.892 18.757
202509 18.745 130.287 19.029
202512 19.017 130.366 19.294
202603 19.152 132.262 19.152

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 1.99 mean?
Richards Group (TSX:RIC) has a Cyclically Adjusted PB Ratio of 1.99 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 Richards Group and its competitors. This is 47% below median its historical median of 3.74. Over the past decade, Richards Group's Cyclically Adjusted PB Ratio has ranged from 1.83 to 9.34. According to the industry distribution chart, Richards Group ranks #216 out of 317 companies in the Packaging & Containers industry, placing it in the top 68.1%.
Is Richards Group's Cyclically Adjusted PB Ratio too high?
Richards Group's current Cyclically Adjusted PB Ratio of 1.99 is 47% below median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 9.34. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.17. Richards Group's value of 1.99 is 70.1% above this industry median. Based on the distribution chart, Richards Group ranks #216 out of 317 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Richards Group has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Richards Group's Cyclically Adjusted PB Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Richards Group ranks #216 out of 317 companies for Cyclically Adjusted PB Ratio. This places Richards Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Richards Group's value of 1.99 is 70.1% above this benchmark. Historically, Richards Group's own Cyclically Adjusted PB Ratio has ranged from 1.83 to 9.34 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 1.17, Richards Group 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.17, based on 317 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. Richards Group's current Cyclically Adjusted PB Ratio of 1.99 is 70.1% 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 Richards Group and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Richards Group's current Cyclically Adjusted PB Ratio is 1.99, which is 47% below median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Richards Group stock overvalued right now?
Based on GuruFocus' analysis, Richards Group (TSX:RIC) is currently considered Modestly Undervalued. The stock's GF Value™ is C$33.13, compared to a current price of C$29.90 — trading 9.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.99, which is 47% below median its 10-year median of 3.74 and 70.1% above the Packaging & Containers industry median of 1.17. Richards Group's overall GF Score™ is 72/100 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 Richards Group (TSX:RIC), the current Cyclically Adjusted PB Ratio is 1.99 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 Richards Group (TSX:RIC) Overvalued in 2026?

Based on GuruFocus' analysis, Richards Group stock appears to be undervalued. The current stock price of C$29.90 is trading 9.7% below its estimated GF Value™ of C$33.13. GuruFocus considers Richards Group to be Modestly Undervalued.

Key valuation signals for TSX:RIC:

  • Cyclically Adjusted PB Ratio: 1.99 (47% below median its 10-year median of 3.74)
  • GF Value™: C$33.13 vs. price of C$29.90 (9.7% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 70.1% above the Packaging & Containers median (#216 of 317)

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


Richards Group Business Description

Other Exchanges RPKIF:USA
Address 6155 Belgrave Road, Unit 3, Mississauga, ON, CAN, L5R 4E6
Richards Group Inc operates under two verticals, namely 'Richards Packaging' and 'Richards Health'. It provides glass and plastic packaging solutions across various locations throughout North America under the Richards Packaging business. The Richards Health business operates under the brands: Richards Packaging Inc, Clarion Medical Technologies, Healthmark Services Ltd, and DermapenWorld. The company updated its historical view of operations from a single operating segment to two reportable segments: Healthcare and Packaging, and has restated comparable information accordingly.
72GF Score

Get the complete analysis for TSX:RIC

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

C$29.90
Price
C$33.13
GF Value