Braille Energy Systems (TSXV:BES) Cyclically Adjusted PB Ratio: 1.17 (As of Sep. 09, 2026) — 22% Below Median

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What is Braille Energy Systems Cyclically Adjusted PB Ratio?

Braille Energy Systems TSXV:BES +16.67% Cyclically Adjusted PB Ratio is 1.17 as of Sep. 09, 2026, which is 22% below its 10-year median of 1.50. The stock has 5 warning signs investors should review. Among 2,099 Industrial Products companies, Braille Energy Systems ranks better than 69.27% on this metric.

As of today (2026-09-09), Braille Energy Systems's current share price is C$0.035. Braille Energy Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$0.03. Braille Energy Systems's Cyclically Adjusted PB Ratio for today is 1.17.

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

TSXV:BES' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.5   Max: 13.2
Current: 1.4

During the past years, Braille Energy Systems's highest Cyclically Adjusted PB Ratio was 13.20. The lowest was 0.80. And the median was 1.50.

TSXV:BES's Cyclically Adjusted PB Ratio is ranked better than
69.27% of 2099 companies
in the Industrial Products industry
Industry Median: 2.14 vs TSXV:BES: 1.40

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.

Braille Energy Systems's adjusted book value per share data for the three months ended in Jun. 2026 was C$-0.016. 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$0.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Braille Energy Systems  (TSXV:BES) 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.


Braille Energy Systems Cyclically Adjusted PB Ratio Related Terms


Braille Energy Systems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Braille Energy Systems'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.

Braille Energy Systems Cyclically Adjusted PB Ratio Chart

Braille Energy Systems Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.97 1.70 0.86 1.70 1.66

Braille Energy Systems 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 1.52 1.66 1.99 1.45 1.40

TSXV:BES vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Braille Energy Systems'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.


Braille Energy Systems Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Braille Energy Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Braille Energy Systems 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.

Braille Energy Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.035/0.03
=1.17

* 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.

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

For example, Braille Energy Systems'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)
=-0.016/133.5265*133.5265
=-0.016

Current CPI (Jun. 2026) = 133.5265.

Braille Energy Systems Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.074 101.765 0.097
201612 0.070 101.449 0.092
201703 0.067 102.634 0.087
201706 0.056 103.029 0.073
201709 0.056 103.345 0.072
201712 0.053 103.345 0.068
201803 0.050 105.004 0.064
201806 0.088 105.557 0.111
201809 0.035 105.636 0.044
201812 0.031 105.399 0.039
201903 0.028 106.979 0.035
201906 0.024 107.690 0.030
201909 -0.021 107.611 -0.026
201912 -0.026 107.769 -0.032
202003 -0.029 107.927 -0.036
202006 -0.032 108.401 -0.039
202009 -0.029 108.164 -0.036
202012 -0.030 108.559 -0.037
202103 0.033 110.298 0.040
202106 0.052 111.720 0.062
202109 0.055 112.905 0.065
202112 0.051 113.774 0.060
202203 0.046 117.646 0.052
202206 0.044 120.806 0.049
202209 0.038 120.648 0.042
202212 0.029 120.964 0.032
202303 0.021 122.702 0.023
202306 0.020 124.203 0.022
202309 0.015 125.230 0.016
202312 0.009 125.072 0.010
202403 0.007 126.258 0.007
202406 0.004 127.522 0.004
202409 -0.002 127.285 -0.002
202412 -0.005 127.364 -0.005
202503 -0.007 129.181 -0.007
202506 -0.009 129.892 -0.009
202509 -0.016 130.287 -0.016
202512 -0.017 130.366 -0.017
202603 -0.015 132.262 -0.015
202606 -0.016 133.527 -0.016

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 1.17 mean?
Braille Energy Systems (TSXV:BES) has a Cyclically Adjusted PB Ratio of 1.17 as of Sep. 09, 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 Braille Energy Systems and its competitors. This is 22% below median its historical median of 1.50. Over the past decade, Braille Energy Systems' Cyclically Adjusted PB Ratio has ranged from 0.80 to 13.20. According to the industry distribution chart, Braille Energy Systems ranks #645 out of 2099 companies in the Industrial Products industry, placing it in the top 30.7%.
Is Braille Energy Systems' Cyclically Adjusted PB Ratio too high?
Braille Energy Systems' current Cyclically Adjusted PB Ratio of 1.17 is 22% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 13.20. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.14. Braille Energy Systems' value of 1.17 is 45.3% below this industry median. Based on the distribution chart, Braille Energy Systems ranks #645 out of 2099 companies in the Industrial Products industry, which is above the industry midpoint.
How does Braille Energy Systems' Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Braille Energy Systems ranks #645 out of 2099 companies for Cyclically Adjusted PB Ratio. This puts Braille Energy Systems in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.14. Braille Energy Systems' value of 1.17 is 45.3% below this benchmark. Historically, Braille Energy Systems' own Cyclically Adjusted PB Ratio has ranged from 0.80 to 13.20 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 2.14, Braille Energy Systems 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.14, based on 2,099 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. Braille Energy Systems's current Cyclically Adjusted PB Ratio of 1.17 is 45.3% 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 Braille Energy Systems and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Braille Energy Systems's current Cyclically Adjusted PB Ratio is 1.17, which is 22% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Braille Energy Systems stock overvalued right now?
Based on GuruFocus' analysis, Braille Energy Systems (TSXV:BES) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.04, compared to a current price of C$0.04 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.17, which is 22% below median its 10-year median of 1.50 and 45.3% below the Industrial Products industry median of 2.14. 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 Braille Energy Systems (TSXV:BES), the current Cyclically Adjusted PB Ratio is 1.17 as of Sep. 09, 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.

Braille Energy Systems Business Description

Address 945 Princess Street, Box 117, Kingston, ON, CAN, K7L 0E9
Braille Energy Systems Inc is a battery manufacturing and energy storage company supplying batteries to the professional motorsports industry and the pioneer of a complete line of lightweight high powered battery systems for the transportation market. Geographically it serves Europe, the Middle East, Africa, Asia Pacific Australia and earns key revenue from the Americas.