Progressive Planet Solutions (TSXV:PLAN) 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.
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:PLAN Progressive Planet Solutions Inc TSXV:PLAN
37 GF Score
Price C$0.34
GF Value C$0.20
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Progressive Planet Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Progressive Planet Solutions  (TSXV:PLAN) 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.


Progressive Planet Solutions Cyclically Adjusted PB Ratio Related Terms


Progressive Planet Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Progressive Planet Solutions'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.

Progressive Planet Solutions Cyclically Adjusted PB Ratio Chart

Progressive Planet Solutions Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.88 6.88 1.80 1.51 2.52

Progressive Planet Solutions Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.51 2.32 2.68 3.50 2.52

Progressive Planet Solutions Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions'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.


Progressive Planet Solutions Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Progressive Planet Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSXV:PLAN
37GF Score
Progressive Planet Solutions Inc TSXV:PLAN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Progressive Planet Solutions 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.

Progressive Planet Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Progressive Planet Solutions's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.143/132.7364*132.7364
=0.143

Current CPI (Apr. 2026) = 132.7364.

Progressive Planet Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201601 -0.157 100.184 -0.208
201604 -0.129 101.370 -0.169
201607 0.176 101.844 0.229
201610 0.202 102.002 0.263
201701 0.187 102.318 0.243
201704 0.209 103.029 0.269
201707 0.205 103.029 0.264
201710 0.194 103.424 0.249
201801 0.184 104.056 0.235
201804 0.176 105.320 0.222
201807 0.167 106.110 0.209
201810 0.138 105.952 0.173
201901 0.127 105.557 0.160
201904 0.122 107.453 0.151
201907 0.114 108.243 0.140
201910 0.104 107.927 0.128
202001 0.090 108.085 0.111
202007 0.029 108.401 0.036
202010 0.029 108.638 0.035
202101 0.044 109.192 0.053
202107 0.053 112.431 0.063
202110 0.054 113.695 0.063
202201 0.046 114.801 0.053
202204 0.112 118.357 0.126
202207 0.119 120.964 0.131
202210 0.123 121.517 0.134
202301 0.120 121.596 0.131
202304 0.116 123.571 0.125
202307 0.114 124.914 0.121
202310 0.112 125.310 0.119
202401 0.115 125.072 0.122
202404 0.116 126.890 0.121
202407 0.119 128.075 0.123
202410 0.125 127.838 0.130
202501 0.126 127.443 0.131
202504 0.131 129.102 0.135
202507 0.148 130.290 0.151
202510 0.154 130.603 0.157
202601 0.144 130.366 0.147
202604 0.143 132.736 0.143

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 Progressive Planet Solutions (TSXV:PLAN) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued. The current stock price of C$0.34 is trading 70% above its estimated GF Value™ of C$0.20. GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.

Key valuation signals for TSXV:PLAN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$0.20 vs. price of C$0.34 (70% above fair value)
  • GF Score™: 37/100 with 3 warning signs

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


Progressive Planet Solutions Business Description

Other Exchanges ASHXF:USAARB3:Germany
Address 724 Sarcee Street East, Kamloops, BC, CAN, V2H 1E7
Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.
37GF Score

Get the complete analysis for TSXV:PLAN

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

C$0.34
Price
C$0.20
GF Value