Acceleware (TSXV:AXE) Cyclically Adjusted PB Ratio: (As of Jul. 22, 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.

TSXV:AXE Acceleware Ltd TSXV:AXE
22 GF Score
Price C$0.13
GF Value C$0.02
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Acceleware Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Acceleware  (TSXV:AXE) 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.


Acceleware Cyclically Adjusted PB Ratio Related Terms


Acceleware Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Acceleware'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.

Acceleware Cyclically Adjusted PB Ratio Chart

Acceleware 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 103.53 0.00 0.00 0.00 0.00

Acceleware 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 0.00 0.00 0.00 0.00 0.00

TSXV:AXE vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Acceleware'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.


Acceleware Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Acceleware's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSXV:AXE
22GF Score
Acceleware Ltd TSXV:AXE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Acceleware 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.

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

For example, Acceleware'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)
=-0.051/132.2623*132.2623
=-0.051

Current CPI (Mar. 2026) = 132.2623.

Acceleware Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 102.002 0.000
201609 0.008 101.765 0.010
201612 0.009 101.449 0.012
201703 0.005 102.634 0.006
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.005 103.345 0.006
201803 -0.001 105.004 -0.001
201806 0.002 105.557 0.003
201809 -0.006 105.636 -0.008
201812 0.021 105.399 0.026
201903 0.023 106.979 0.028
201906 0.020 107.690 0.025
201909 0.016 107.611 0.020
201912 0.011 107.769 0.013
202003 0.008 107.927 0.010
202006 0.008 108.401 0.010
202009 0.003 108.164 0.004
202012 -0.006 108.559 -0.007
202103 -0.011 110.298 -0.013
202106 -0.017 111.720 -0.020
202109 -0.023 112.905 -0.027
202112 -0.038 113.774 -0.044
202203 -0.054 117.646 -0.061
202206 -0.062 120.806 -0.068
202209 -0.070 120.648 -0.077
202212 -0.062 120.964 -0.068
202303 -0.062 122.702 -0.067
202306 -0.070 124.203 -0.075
202309 -0.074 125.230 -0.078
202312 -0.067 125.072 -0.071
202403 -0.074 126.258 -0.078
202406 -0.062 127.522 -0.064
202409 -0.054 127.285 -0.056
202412 -0.046 127.364 -0.048
202503 -0.048 129.181 -0.049
202506 -0.054 129.892 -0.055
202509 -0.044 130.287 -0.045
202512 -0.046 130.366 -0.047
202603 -0.051 132.262 -0.051

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 Acceleware (TSXV:AXE) Overvalued in 2026?

Based on GuruFocus' analysis, Acceleware stock appears to be overvalued. The current stock price of C$0.13 is trading 525% above its estimated GF Value™ of C$0.02. GuruFocus considers Acceleware to be Significantly Overvalued.

Key valuation signals for TSXV:AXE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$0.02 vs. price of C$0.13 (525% above fair value)
  • GF Score™: 22/100 with 8 warning signs

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


Acceleware Business Description

Other Exchanges ACWRF:USA
Address 1822 2nd Street SW, Suite 102, Calgary, AB, CAN, T2S 1R9
Acceleware Ltd is engaged in developing an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating that is designed to reduce the environmental impact of oil production while also reducing cost. That same RF heating technology is also being applied to the decarbonization of certain other industrial heating applications currently in development. Acceleware also specializes in the development and marketing of special purpose computational software products for the oil and gas and other markets. The company has one operating segment, RF Heating. Geographically, the company operates in USA and Canada. It derives maximum revenue from Canada.
22GF Score

Get the complete analysis for TSXV:AXE

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

C$0.13
Price
C$0.02
GF Value