VYGPF (Carta Holdings) Cyclically Adjusted PB Ratio: 2.26 (As of Jul. 25, 2026)

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VYGPF Carta Holdings Inc VYGPF
17 GF Score
Price $9.17
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What is Carta Holdings Cyclically Adjusted PB Ratio?

Carta Holdings VYGPF 17 Cyclically Adjusted PB Ratio is 2.26 as of Jul. 25, 2026. GuruFocus rates VYGPF with a GF Score™ of 17/100.

As of today (2026-07-25), Carta Holdings's current share price is $9.17. Carta Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 was $4.05. Carta Holdings's Cyclically Adjusted PB Ratio for today is 2.26.

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

VYGPF's Cyclically Adjusted PB Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.44
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Carta Holdings's adjusted book value per share data for the three months ended in Jun. 2025 was $990.753. 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 $4.05 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carta Holdings  (OTCPK:VYGPF) 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.


Carta Holdings Cyclically Adjusted PB Ratio Related Terms


Carta Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Carta Holdings'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.

Carta Holdings Cyclically Adjusted PB Ratio Chart

Carta Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.57

Carta Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.63 1.57 1.65 2.26 0.00

VYGPF vs GOOGL, META, SPOT: Cyclically Adjusted PB Ratio Comparison

For the Internet Content & Information subindustry, Carta Holdings'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.


Carta Holdings Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Carta Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


VYGPF
17GF Score
Carta Holdings Inc VYGPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Carta Holdings 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.

Carta Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.17/4.05
=2.26

* 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.

Carta Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 is calculated as:

For example, Carta Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2025 was:

Adj_Book=Book Value per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=990.753/111.7000*111.7000
=990.753

Current CPI (Jun. 2025) = 111.7000.

Carta Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201506 466.604 98.400 529.671
201509 541.495 98.500 614.061
201512 482.304 98.100 549.168
201603 550.091 97.900 627.632
201606 564.094 98.100 642.297
201609 551.509 98.000 628.608
201612 534.698 98.400 606.969
201703 674.747 98.100 768.290
201706 699.465 98.500 793.200
201709 702.584 98.800 794.318
201712 605.909 99.400 680.886
201803 695.745 99.200 783.414
201806 776.902 99.200 874.798
201809 760.940 99.900 850.821
201812 699.991 99.700 784.243
201903 914.387 99.700 1,024.444
201906 916.193 99.800 1,025.438
201909 916.725 100.100 1,022.959
202003 912.131 100.300 1,015.803
202006 975.183 99.900 1,090.370
202009 974.991 99.900 1,090.155
202012 991.203 99.300 1,114.979
202103 989.897 99.900 1,106.822
202106 1,063.125 99.500 1,193.478
202109 1,065.080 100.100 1,188.506
202112 1,121.079 100.100 1,250.994
202203 1,087.972 101.100 1,202.042
202206 1,135.663 101.800 1,246.106
202209 1,099.337 103.100 1,191.037
202212 1,104.197 104.100 1,184.811
202303 1,033.859 104.400 1,106.150
202306 1,046.902 105.200 1,111.587
202309 1,005.299 106.200 1,057.363
202312 958.456 106.800 1,002.430
202403 966.982 107.200 1,007.574
202406 980.583 108.200 1,012.302
202409 1,381.500 108.900 1,417.021
202412 1,008.045 110.700 1,017.151
202503 947.129 111.100 952.244
202506 990.753 111.700 990.753

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 2.26 mean?
Carta Holdings (VYGPF) has a Cyclically Adjusted PB Ratio of 2.26 as of Jul. 25, 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 Carta Holdings and its competitors.
Is Carta Holdings' Cyclically Adjusted PB Ratio too high?
Carta Holdings' current Cyclically Adjusted PB Ratio is 2.26. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.44. Carta Holdings' value of 2.26 is 56.9% above this industry median. Overall, Carta Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Carta Holdings' Cyclically Adjusted PB Ratio compare to GOOGL and META?
Carta Holdings' Cyclically Adjusted PB Ratio of 2.26 can be compared against companies in the Interactive Media industry. The industry median Cyclically Adjusted PB Ratio is 1.44. Carta Holdings' value of 2.26 is 56.9% above this benchmark. 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 an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.44, based on 347 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. Carta Holdings's current Cyclically Adjusted PB Ratio of 2.26 is 56.9% 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 Carta Holdings and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carta Holdings's current Cyclically Adjusted PB Ratio is 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carta Holdings stock overvalued right now?
Carta Holdings (VYGPF) has a current Cyclically Adjusted PB Ratio of 2.26. The current Cyclically Adjusted PB Ratio is 2.26 and 56.9% above the Interactive Media industry median of 1.44. Carta Holdings' overall GF Score™ is 17/100. 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 Carta Holdings (VYGPF), the current Cyclically Adjusted PB Ratio is 2.26 as of Jul. 25, 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.

Carta Holdings Business Description

Address Shibuya First Place 1st, 6th, 7th, 8th Floor, Shimizu-machi, Shibuya-ku, Tokyo, JPN, 150-0045
Carta Holdings Inc, formerly Voyage Group Inc is a Japanese company engaged in online media-related business and web search and advertising.
17GF Score

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

$9.17
Price