Progressive Planet Solutions (TSXV:PLAN) Cyclically Adjusted PB Ratio: 2.85 (As of Aug. 04, 2026) — Near Median

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TSXV:PLAN Progressive Planet Solutions Inc TSXV:PLAN
34 GF Score
Price C$0.37
GF Value C$0.20
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Progressive Planet Solutions Cyclically Adjusted PB Ratio?

Progressive Planet Solutions TSXV:PLAN -1.47% 34 Cyclically Adjusted PB Ratio is 2.85 as of Aug. 04, 2026, which is 8% above its 10-year median of 2.63. GuruFocus rates TSXV:PLAN with a GF Score™ of 34/100 and a GF Value™ of C$0.20 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,535 Metals & Mining companies, Progressive Planet Solutions ranks worse than 64.1% on this metric.

As of today (2026-08-04), Progressive Planet Solutions's current share price is C$0.37. Progressive Planet Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2026 was C$0.13. Progressive Planet Solutions's Cyclically Adjusted PB Ratio for today is 2.85.

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

TSXV:PLAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 2.63   Max: 6
Current: 2.56

During the past years, Progressive Planet Solutions's highest Cyclically Adjusted PB Ratio was 6.00. The lowest was 0.77. And the median was 2.63.

TSXV:PLAN's Cyclically Adjusted PB Ratio is ranked worse than
64.1% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSXV:PLAN: 2.56

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.

Progressive Planet Solutions's adjusted book value per share data for the three months ended in Jan. 2026 was C$0.144. 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$0.13 for the trailing ten years ended in Jan. 2026.

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 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 1.07 3.20 2.43 1.69

Progressive Planet Solutions Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 1.99 1.69 2.28 2.37 2.89

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
34GF Score
Progressive Planet Solutions Inc TSXV:PLAN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.37/0.13
=2.85

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

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

Adj_Book=Book Value per Share/CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=0.144/130.3661*130.3661
=0.144

Current CPI (Jan. 2026) = 130.3661.

Progressive Planet Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201604 -0.129 101.370 -0.166
201607 0.176 101.844 0.225
201610 0.202 102.002 0.258
201701 0.187 102.318 0.238
201704 0.209 103.029 0.264
201707 0.205 103.029 0.259
201710 0.194 103.424 0.245
201801 0.184 104.056 0.231
201804 0.176 105.320 0.218
201807 0.167 106.110 0.205
201810 0.138 105.952 0.170
201901 0.127 105.557 0.157
201904 0.122 107.453 0.148
201907 0.114 108.243 0.137
201910 0.104 107.927 0.126
202001 0.090 108.085 0.109
202004 0.054 107.216 0.066
202007 0.029 108.401 0.035
202010 0.029 108.638 0.035
202101 0.044 109.192 0.053
202104 0.060 110.851 0.071
202107 0.053 112.431 0.061
202110 0.054 113.695 0.062
202201 0.046 114.801 0.052
202204 0.112 118.357 0.123
202207 0.119 120.964 0.128
202210 0.123 121.517 0.132
202301 0.120 121.596 0.129
202304 0.116 123.571 0.122
202307 0.114 124.914 0.119
202310 0.112 125.310 0.117
202401 0.115 125.072 0.120
202404 0.116 126.890 0.119
202407 0.119 128.075 0.121
202410 0.125 127.838 0.127
202501 0.126 127.443 0.129
202504 0.131 129.102 0.132
202507 0.148 130.290 0.148
202510 0.154 130.603 0.154
202601 0.144 130.366 0.144

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 2.85 mean?
Progressive Planet Solutions (TSXV:PLAN) has a Cyclically Adjusted PB Ratio of 2.85 as of Aug. 04, 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 Progressive Planet Solutions and its competitors. This is near median its historical median of 2.63. Over the past decade, Progressive Planet Solutions' Cyclically Adjusted PB Ratio has ranged from 0.77 to 6.00. According to the industry distribution chart, Progressive Planet Solutions ranks #984 out of 1535 companies in the Metals & Mining industry, placing it in the top 64.1%.
Is Progressive Planet Solutions' Cyclically Adjusted PB Ratio too high?
Progressive Planet Solutions' current Cyclically Adjusted PB Ratio of 2.85 is near median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 6.00. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Progressive Planet Solutions' value of 2.85 is 103.6% above this industry median. Based on the distribution chart, Progressive Planet Solutions ranks #984 out of 1535 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Progressive Planet Solutions has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Planet Solutions' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Progressive Planet Solutions ranks #984 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Progressive Planet Solutions in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Progressive Planet Solutions' value of 2.85 is 103.6% above this benchmark. Historically, Progressive Planet Solutions' own Cyclically Adjusted PB Ratio has ranged from 0.77 to 6.00 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 1.40, Progressive Planet Solutions has consistently been above 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.40, based on 1,535 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. Progressive Planet Solutions's current Cyclically Adjusted PB Ratio of 2.85 is 103.6% above 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 Progressive Planet Solutions and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Planet Solutions's current Cyclically Adjusted PB Ratio is 2.85, which is near median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Planet Solutions stock overvalued right now?
Based on GuruFocus' analysis, Progressive Planet Solutions (TSXV:PLAN) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.20, compared to a current price of C$0.37 — trading 85% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.85, which is near median its 10-year median of 2.63 and 103.6% above the Metals & Mining industry median of 1.40. Progressive Planet Solutions' overall GF Score™ is 34/100 with 2 warning signs to review. 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 Progressive Planet Solutions (TSXV:PLAN), the current Cyclically Adjusted PB Ratio is 2.85 as of Aug. 04, 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.

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$0.37 is trading 85% 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: 2.85 (near median its 10-year median of 2.63)
  • GF Value™: C$0.20 vs. price of C$0.37 (85% above fair value)
  • GF Score™: 34/100 with 2 warning signs
  • Industry Position: 103.6% above the Metals & Mining median (#984 of 1535)

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.
34GF 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$0.37
Price
C$0.20
GF Value