VREOF (Vireo Growth) Cyclically Adjusted PB Ratio: 5.41 (As of Jul. 10, 2026) — 68% Below Median


VREOF Vireo Growth Inc VREOF
47 GF Score
Price $9.95
GF Value $9.72
Valuation Fairly Valued
! 6 Warning Signs
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What is Vireo Growth Cyclically Adjusted PB Ratio?

Vireo Growth VREOF +1.32% 47 Cyclically Adjusted PB Ratio is 5.41 as of Jul. 10, 2026, which is 68% below its 10-year median of 16.79. GuruFocus rates VREOF with a GF Score™ of 47/100 and a GF Value™ of $9.72 (Fairly Valued). The stock has 6 warning signs investors should review. Among 760 Drug Manufacturers companies, Vireo Growth ranks worse than 81.71% on this metric.

As of today (2026-07-10), Vireo Growth's current share price is $9.95. Vireo Growth's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.84. Vireo Growth's Cyclically Adjusted PB Ratio for today is 5.41.

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

VREOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 16.79   Max: 64.05
Current: 5.34

During the past years, Vireo Growth's highest Cyclically Adjusted PB Ratio was 64.05. The lowest was 1.19. And the median was 16.79.

VREOF's Cyclically Adjusted PB Ratio is ranked worse than
81.71% of 760 companies
in the Drug Manufacturers industry
Industry Median: 1.85 vs VREOF: 5.34

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.

Vireo Growth's adjusted book value per share data for the three months ended in Mar. 2026 was $8.166. 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 $1.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vireo Growth  (OTCPK:VREOF) 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.


Vireo Growth Cyclically Adjusted PB Ratio Related Terms


Vireo Growth Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vireo Growth'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.

Vireo Growth Cyclically Adjusted PB Ratio Chart

Vireo Growth 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 5.58 50.16 12.33

Vireo Growth 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 27.72 15.90 17.73 12.33 6.19

VREOF vs ZTS, UTHR: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Vireo Growth'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.


Vireo Growth Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Vireo Growth's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


VREOF
47GF Score
Vireo Growth Inc VREOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vireo Growth 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.

Vireo Growth's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.95/1.84
=5.41

* 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.

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

For example, Vireo Growth'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)
=8.166/330.2130*330.2130
=8.166

Current CPI (Mar. 2026) = 330.2130.

Vireo Growth Quarterly Data

Book Value per Share CPI Adj_Book
201606 -10.273 241.018 -14.075
201609 -12.636 241.428 -17.283
201612 -14.273 241.432 -19.522
201703 -16.182 243.801 -21.917
201706 -18.636 244.955 -25.122
201709 -20.909 246.819 -27.974
201712 10.619 246.524 14.224
201803 9.857 249.554 13.043
201806 9.381 251.989 12.293
201809 8.333 252.439 10.900
201812 6.429 251.233 8.450
201903 11.991 254.202 15.577
201906 12.271 256.143 15.819
201909 10.974 256.759 14.113
201912 5.313 256.974 6.827
202003 7.391 258.115 9.455
202006 7.392 257.797 9.468
202009 7.460 260.280 9.464
202012 6.179 260.474 7.833
202103 5.736 264.877 7.151
202106 5.358 271.696 6.512
202109 4.833 274.310 5.818
202112 4.060 278.802 4.809
202203 2.745 287.504 3.153
202206 2.265 296.311 2.524
202209 1.555 296.808 1.730
202212 0.325 296.797 0.362
202303 -0.195 301.836 -0.213
202306 -0.748 305.109 -0.810
202309 -2.694 307.789 -2.890
202312 -3.363 306.746 -3.620
202403 -4.732 312.332 -5.003
202406 -4.677 314.175 -4.916
202409 -1.433 315.301 -1.501
202412 4.554 315.605 4.765
202503 4.120 319.799 4.254
202506 8.483 322.561 8.684
202509 7.779 324.800 7.909
202512 8.536 324.054 8.698
202603 8.166 330.213 8.166

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 5.41 mean?
Vireo Growth (VREOF) has a Cyclically Adjusted PB Ratio of 5.41 as of Jul. 10, 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 Vireo Growth and its competitors. This is 68% below median its historical median of 16.79. Over the past decade, Vireo Growth's Cyclically Adjusted PB Ratio has ranged from 1.19 to 64.05. According to the industry distribution chart, Vireo Growth ranks #621 out of 760 companies in the Drug Manufacturers industry, placing it in the top 81.7%.
Is Vireo Growth's Cyclically Adjusted PB Ratio too high?
Vireo Growth's current Cyclically Adjusted PB Ratio of 5.41 is 68% below median its 10-year median of 16.79. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 64.05. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.85. Vireo Growth's value of 5.41 is 192.4% above this industry median. Based on the distribution chart, Vireo Growth ranks #621 out of 760 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Vireo Growth has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vireo Growth's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Vireo Growth ranks #621 out of 760 companies for Cyclically Adjusted PB Ratio. This places Vireo Growth in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.85. Vireo Growth's value of 5.41 is 192.4% above this benchmark. Historically, Vireo Growth's own Cyclically Adjusted PB Ratio has ranged from 1.19 to 64.05 over the past decade. While the company's 10-year median is 16.79 vs. the industry median of 1.85, Vireo Growth 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.85, based on 760 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. Vireo Growth's current Cyclically Adjusted PB Ratio of 5.41 is 192.4% 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 Vireo Growth and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vireo Growth's current Cyclically Adjusted PB Ratio is 5.41, which is 68% below median its own 10-year median of 16.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vireo Growth stock overvalued right now?
Based on GuruFocus' analysis, Vireo Growth (VREOF) is currently considered Fairly Valued. The stock's GF Value™ is $9.72, compared to a current price of $9.95 — trading 2.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.41, which is 68% below median its 10-year median of 16.79 and 192.4% above the Drug Manufacturers industry median of 1.85. Vireo Growth's overall GF Score™ is 47/100 with 6 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 Vireo Growth (VREOF), the current Cyclically Adjusted PB Ratio is 5.41 as of Jul. 10, 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 Vireo Growth (VREOF) Overvalued in 2026?

Based on GuruFocus' analysis, Vireo Growth stock appears to be overvalued. The current stock price of $9.95 is trading 2.4% above its estimated GF Value™ of $9.72. GuruFocus considers Vireo Growth to be Fairly Valued.

Key valuation signals for VREOF:

  • Cyclically Adjusted PB Ratio: 5.41 (68% below median its 10-year median of 16.79)
  • GF Value™: $9.72 vs. price of $9.95 (2.4% above fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 192.4% above the Drug Manufacturers median (#621 of 760)

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


Vireo Growth Business Description

Other Exchanges K95:GermanyVREO:Canada
Address 207 South 9th Street, Minneapolis, Minneapolis, MN, USA, 55402
Vireo Growth Incis a cannabis company whose mission is to provide safe access, quality products and value to its customers while supporting its local communities through active participation and restorative justice programs. The Company is evolving with the industry and is in the midst of a transformation to being significantly more customer-centric across its operations, which include cultivation, manufacturing, wholesale and retail business lines. The company operates in one single segment.
47GF Score

Get the complete analysis for VREOF

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

$9.95
Price
$9.72
GF Value