Secure Blockchain Development (TSXV:ID) Cyclically Adjusted PB Ratio: (As of Jul. 25, 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.
Reviewed by: Charlie Tian Charlie Tian
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:ID Secure Blockchain Development Corp TSXV:ID
22 GF Score
Price C$0.15
GF Value C$0.12
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Secure Blockchain Development Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Secure Blockchain Development  (TSXV:ID) 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.


Secure Blockchain Development Cyclically Adjusted PB Ratio Related Terms


Secure Blockchain Development Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Secure Blockchain Development'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.

Secure Blockchain Development Cyclically Adjusted PB Ratio Chart

Secure Blockchain Development 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 0.00 0.00 0.00 0.00 0.00

Secure Blockchain Development 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:ID vs UBER, SHOP, CRM: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, Secure Blockchain Development'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.


Secure Blockchain Development Cyclically Adjusted PB Ratio vs Software Industry

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

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


TSXV:ID
22GF Score
Secure Blockchain Development Corp TSXV:ID
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Secure Blockchain Development 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.

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

For example, Secure Blockchain Development'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)
=-0.124/132.2623*132.2623
=-0.124

Current CPI (Mar. 2026) = 132.2623.

Secure Blockchain Development Quarterly Data

Book Value per Share CPI Adj_Book
201604 -3.504 101.370 -4.572
201609 -0.771 101.765 -1.002
201612 -1.046 101.449 -1.364
201703 -0.197 102.634 -0.254
201706 -0.344 103.029 -0.442
201709 -0.136 103.345 -0.174
201712 0.202 103.345 0.259
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 -0.128 105.636 -0.160
201812 -0.301 105.399 -0.378
201903 -0.323 106.979 -0.399
201906 -0.412 107.690 -0.506
201909 -0.502 107.611 -0.617
201912 -0.601 107.769 -0.738
202003 -0.345 107.927 -0.423
202006 -0.386 108.401 -0.471
202009 -0.413 108.164 -0.505
202012 -0.424 108.559 -0.517
202103 -0.428 110.298 -0.513
202106 -0.442 111.720 -0.523
202109 -0.476 112.905 -0.558
202112 -0.504 113.774 -0.586
202203 -0.224 117.646 -0.252
202206 -0.228 120.806 -0.250
202209 -0.256 120.648 -0.281
202212 -0.128 120.964 -0.140
202303 -0.141 122.702 -0.152
202306 -0.155 124.203 -0.165
202309 -0.167 125.230 -0.176
202312 -0.181 125.072 -0.191
202403 -0.186 126.258 -0.195
202406 -0.196 127.522 -0.203
202409 -0.205 127.285 -0.213
202412 -0.220 127.364 -0.228
202503 -0.229 129.181 -0.234
202506 -0.235 129.892 -0.239
202509 -0.245 130.287 -0.249
202512 -0.266 130.366 -0.270
202603 -0.124 132.262 -0.124

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 Secure Blockchain Development (TSXV:ID) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Blockchain Development stock appears to be overvalued. The current stock price of C$0.15 is trading 20.8% above its estimated GF Value™ of C$0.12. GuruFocus considers Secure Blockchain Development to be Modestly Overvalued.

Key valuation signals for TSXV:ID:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$0.12 vs. price of C$0.15 (20.8% above fair value)
  • GF Score™: 22/100 with 4 warning signs

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


Secure Blockchain Development Business Description

Other Exchanges IDBDF:USA8ID0:Germany
Address 701 West Georgia Street, Suite 515, Vancouver, BC, CAN, V7Y 1C6
Secure Blockchain Development Corp is a software development company that sells its technology on a software-as-a-service (SaaS) basis. It offers the Delivery trust, which is an email security solution designed for small and medium-sized businesses. The company serves accounting, education professionals, financial, legal, medical, real estate, and resource industries. Its products include: Unlimited secure emails, Recall sent messages, Restrict print/forward, Set message expiration, Discreet read receipts, Restrict download, Branding capabilities, Enterprise policy enforcement, Mobile-friendly web portal and Others.
22GF Score

Get the complete analysis for TSXV:ID

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

C$0.15
Price
C$0.12
GF Value