PlasCred Circular Innovations (XCNQ:PLAS) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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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.

XCNQ:PLAS PlasCred Circular Innovations Inc XCNQ:PLAS
35 GF Score
Price C$0.25
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What is PlasCred Circular Innovations Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PlasCred Circular Innovations  (XCNQ:PLAS) 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.


PlasCred Circular Innovations Cyclically Adjusted PB Ratio Related Terms


PlasCred Circular Innovations Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for PlasCred Circular Innovations'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.

PlasCred Circular Innovations Cyclically Adjusted PB Ratio Chart

PlasCred Circular Innovations Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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PlasCred Circular Innovations Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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XCNQ:PLAS vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, PlasCred Circular Innovations'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.


PlasCred Circular Innovations Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, PlasCred Circular Innovations's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PlasCred Circular Innovations's Cyclically Adjusted PB Ratio falls into.


XCNQ:PLAS
35GF Score
PlasCred Circular Innovations Inc XCNQ:PLAS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PlasCred Circular Innovations 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.

PlasCred Circular Innovations's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, PlasCred Circular Innovations's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-0.014/130.3661*130.3661
=-0.014

Current CPI (Dec25) = 130.3661.

PlasCred Circular Innovations Annual Data

Book Value per Share CPI Adj_Book
201609 -19.876 101.765 -25.462
201709 -19.127 103.345 -24.128
201809 -25.189 105.636 -31.086
201909 -6.261 107.611 -7.585
202009 -8.669 108.164 -10.448
202109 3.385 112.905 3.909
202209 -0.307 120.648 -0.332
202312 0.013 125.072 0.014
202412 -0.011 127.364 -0.011
202512 -0.014 130.366 -0.014

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.


PlasCred Circular Innovations Business Description

Other Exchanges MGPRF:USAXV2:Germany
Address 715 - 5th Avenue SW, Suite 815, Vancouver, BC, CAN, T2P 2X6
PlasCred Circular Innovations Inc is a clean technology company transforming hard-to-recycle plastic waste into high-value, circular petrochemical feedstock through a proprietary, patent-pending catalytic pyrolysis process. Its product, Renewable Green Condensate (RGC), is used to manufacture virgin-grade plastic and supports compliance with Extended Producer Responsibility (EPR) regulations. PlasCred's technology is validated at its Calgary-based pilot plant (Primus) and is being scaled at its commercial facility, Neos.
35GF 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.

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