Urbana (TSX:URB) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:URB Urbana Corp TSX:URB
65 GF Score
Price C$8.79
GF Value C$10.87
Valuation Modestly Undervalued
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What is Urbana Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Urbana  (TSX:URB) 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.


Urbana Cyclically Adjusted PB Ratio Related Terms


Urbana Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Urbana'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.

Urbana Cyclically Adjusted PB Ratio Chart

Urbana 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 0.79 0.78 0.77 0.82 1.21

Urbana 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 0.89 1.05 1.30 1.23 1.14

TSX:URB vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Urbana'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.


Urbana Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Urbana's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSX:URB
65GF Score
Urbana Corp TSX:URB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Urbana 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.

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

For example, Urbana'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)
=11.327/133.5265*133.5265
=11.327

Current CPI (Jun. 2026) = 133.5265.

Urbana Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.816 101.765 5.007
201612 4.477 101.449 5.893
201703 4.648 102.634 6.047
201706 4.704 103.029 6.096
201709 4.785 103.345 6.182
201712 5.026 103.345 6.494
201803 4.636 105.004 5.895
201806 4.567 105.557 5.777
201809 4.459 105.636 5.636
201812 4.149 105.399 5.256
201903 4.325 106.979 5.398
201906 4.514 107.690 5.597
201909 4.829 107.611 5.992
201912 5.115 107.769 6.338
202003 4.130 107.927 5.110
202006 4.803 108.401 5.916
202009 4.935 108.164 6.092
202012 5.636 108.559 6.932
202103 5.982 110.298 7.242
202106 6.560 111.720 7.840
202109 6.845 112.905 8.095
202112 7.003 113.774 8.219
202203 7.676 117.646 8.712
202206 7.021 120.806 7.760
202209 7.069 120.648 7.824
202212 7.479 120.964 8.256
202303 7.496 122.702 8.157
202306 7.454 124.203 8.014
202309 8.796 125.230 9.379
202312 9.049 125.072 9.661
202403 9.916 126.258 10.487
202406 9.743 127.522 10.202
202409 10.319 127.285 10.825
202412 11.388 127.364 11.939
202503 11.099 129.181 11.472
202506 11.538 129.892 11.861
202509 12.499 130.287 12.810
202512 12.930 130.366 13.243
202603 13.318 132.262 13.445
202606 11.327 133.527 11.327

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.

Is Urbana (TSX:URB) Overvalued in 2026?

Based on GuruFocus' analysis, Urbana stock appears to be undervalued. The current stock price of C$8.79 is trading 19.1% below its estimated GF Value™ of C$10.87. GuruFocus considers Urbana to be Modestly Undervalued.

Key valuation signals for TSX:URB:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$10.87 vs. price of C$8.79 (19.1% below fair value)
  • GF Score™: 65/100

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


Urbana Business Description

Address 150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON, CAN, M5H 1J9
Urbana Corp is an investment company. It invests in the financial service sector, from exchanges to banks to broker-dealers and investment managers. The business objectives and strategies of the company are to seek out, and invest in, private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income, and liquidity. The company has a single operating segment, which is managing the company's investments.
65GF Score

Get the complete analysis for TSX:URB

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

C$8.79
Price
C$10.87
GF Value