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Deveron (TSXV:FARM) Cyclically Adjusted PB Ratio : 0.57 (As of Jun. 03, 2025)


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What is Deveron Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Deveron's current share price is C$0.04. Deveron's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was C$0.07. Deveron's Cyclically Adjusted PB Ratio for today is 0.57.

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

TSXV:FARM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 4   Max: 16
Current: 0.58

During the past years, Deveron's highest Cyclically Adjusted PB Ratio was 16.00. The lowest was 0.57. And the median was 4.00.

TSXV:FARM's Cyclically Adjusted PB Ratio is ranked better than
87.05% of 1436 companies
in the Software industry
Industry Median: 2.71 vs TSXV:FARM: 0.58

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.

Deveron's adjusted book value per share data for the three months ended in Dec. 2024 was C$-0.191. 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$0.07 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deveron Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Deveron'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.

* Premium members only.

Deveron Cyclically Adjusted PB Ratio Chart

Deveron Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12.81 5.85 3.54 0.88

Deveron Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.16 1.45 0.88 0.74 0.58

Competitive Comparison of Deveron's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Deveron'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.


Deveron's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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Deveron 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.

Deveron's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.04/0.07
=0.57

* 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.

Deveron's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Deveron's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-0.191/127.3637*127.3637
=-0.191

Current CPI (Dec. 2024) = 127.3637.

Deveron Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.006 99.789 0.008
201506 0.003 100.500 0.004
201509 0.001 100.421 0.001
201512 -0.055 99.947 -0.070
201603 -0.060 101.054 -0.076
201606 -0.016 102.002 -0.020
201609 0.024 101.765 0.030
201612 0.028 101.449 0.035
201703 0.020 102.634 0.025
201706 0.065 103.029 0.080
201709 0.068 103.345 0.084
201712 0.066 103.345 0.081
201803 0.126 105.004 0.153
201806 0.116 105.557 0.140
201809 0.133 105.636 0.160
201812 0.118 105.399 0.143
201903 0.103 106.979 0.123
201906 0.101 107.690 0.119
201909 0.096 107.611 0.114
201912 0.082 107.769 0.097
202003 0.069 107.927 0.081
202006 0.078 108.401 0.092
202009 0.067 108.164 0.079
202012 0.121 108.559 0.142
202103 0.114 110.298 0.132
202106 0.127 111.720 0.145
202109 0.183 112.905 0.206
202112 0.165 113.774 0.185
202203 0.215 117.646 0.233
202206 0.236 120.806 0.249
202209 0.201 120.648 0.212
202212 0.141 120.964 0.148
202303 0.104 122.702 0.108
202306 0.078 124.203 0.080
202309 0.042 125.230 0.043
202312 0.040 125.072 0.041
202403 0.019 126.258 0.019
202406 -0.267 127.522 -0.267
202409 -0.202 127.285 -0.202
202412 -0.191 127.364 -0.191

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.


Deveron  (TSXV:FARM) 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.


Deveron Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Deveron's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Deveron Business Description

Industry
Traded in Other Exchanges
Address
82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Deveron Corp is an agriculture technology company focused on providing data acquisition services and data analytics to the farming sector in North America. It operates four agriculture testing facilities in North America and provides testing and insights on over nearly one million data points a year. The company comprise one reportable operating segment: data acquisition services and data analytics sector in Canada and in the USA.
Executives
David Macmillan Director, Senior Officer
William Linton Director
Christopher Irwin Director
James Pirie Director
Greencastle Resources Ltd. 10% Security Holder