YLWDF (Yellow Pages) Cyclically Adjusted PB Ratio: 2.43 (As of Jul. 14, 2026) — 109% Above Median

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YLWDF Yellow Pages Ltd YLWDF
79 GF Score
Price $8.75
GF Value $7.05
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Yellow Pages Cyclically Adjusted PB Ratio?

Yellow Pages YLWDF 79 Cyclically Adjusted PB Ratio is 2.43 as of Jul. 14, 2026, which is 109% above its 10-year median of 1.16. GuruFocus rates YLWDF with a GF Score™ of 79/100 and a GF Value™ of $7.05 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 722 Media - Diversified companies, Yellow Pages ranks worse than 82.13% on this metric.

As of today (2026-07-14), Yellow Pages's current share price is $8.7475. Yellow Pages's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.60. Yellow Pages's Cyclically Adjusted PB Ratio for today is 2.43.

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

YLWDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.16   Max: 3.03
Current: 2.89

During the past years, Yellow Pages's highest Cyclically Adjusted PB Ratio was 3.03. The lowest was 0.38. And the median was 1.16.

YLWDF's Cyclically Adjusted PB Ratio is ranked worse than
82.13% of 722 companies
in the Media - Diversified industry
Industry Median: 0.99 vs YLWDF: 2.89

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.

Yellow Pages's adjusted book value per share data for the three months ended in Mar. 2026 was $3.216. 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 $3.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yellow Pages  (OTCPK:YLWDF) 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.


Yellow Pages Cyclically Adjusted PB Ratio Related Terms


Yellow Pages Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Yellow Pages'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.

Yellow Pages Cyclically Adjusted PB Ratio Chart

Yellow Pages 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 1.31 1.18 1.11 1.48 2.16

Yellow Pages 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 1.45 1.71 1.90 2.16 2.69

YLWDF vs NYT, WLY: Cyclically Adjusted PB Ratio Comparison

For the Publishing subindustry, Yellow Pages'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.


Yellow Pages Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Yellow Pages's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


YLWDF
79GF Score
Yellow Pages Ltd YLWDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yellow Pages 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.

Yellow Pages's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.7475/3.60
=2.43

* 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.

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

For example, Yellow Pages'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)
=3.216/132.2623*132.2623
=3.216

Current CPI (Mar. 2026) = 132.2623.

Yellow Pages Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.915 102.002 25.823
201609 19.475 101.765 25.311
201612 10.494 101.449 13.681
201703 10.070 102.634 12.977
201706 9.802 103.029 12.583
201709 10.708 103.345 13.704
201712 -5.576 103.345 -7.136
201803 -5.666 105.004 -7.137
201806 -4.947 105.557 -6.199
201809 -3.982 105.636 -4.986
201812 -3.159 105.399 -3.964
201903 -2.826 106.979 -3.494
201906 -2.544 107.690 -3.124
201909 -2.090 107.611 -2.569
201912 -0.451 107.769 -0.553
202003 0.596 107.927 0.730
202006 0.658 108.401 0.803
202009 0.490 108.164 0.599
202012 0.822 108.559 1.001
202103 1.644 110.298 1.971
202106 1.841 111.720 2.180
202109 2.342 112.905 2.744
202112 3.304 113.774 3.841
202203 3.770 117.646 4.238
202206 3.841 120.806 4.205
202209 4.103 120.648 4.498
202212 2.595 120.964 2.837
202303 2.996 122.702 3.229
202306 3.418 124.203 3.640
202309 3.848 125.230 4.064
202312 2.324 125.072 2.458
202403 2.939 126.258 3.079
202406 3.237 127.522 3.357
202409 3.338 127.285 3.469
202412 2.785 127.364 2.892
202503 2.756 129.181 2.822
202506 2.518 129.892 2.564
202509 2.558 130.287 2.597
202512 2.769 130.366 2.809
202603 3.216 132.262 3.216

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 2.43 mean?
Yellow Pages (YLWDF) has a Cyclically Adjusted PB Ratio of 2.43 as of Jul. 14, 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 Yellow Pages and its competitors. This is 109% above median its historical median of 1.16. Over the past decade, Yellow Pages' Cyclically Adjusted PB Ratio has ranged from 0.38 to 3.03. According to the industry distribution chart, Yellow Pages ranks #593 out of 722 companies in the Media - Diversified industry, placing it in the top 82.1%.
Is Yellow Pages' Cyclically Adjusted PB Ratio too high?
Yellow Pages' current Cyclically Adjusted PB Ratio of 2.43 is 109% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 3.03. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.99. Yellow Pages' value of 2.43 is 145.5% above this industry median. Based on the distribution chart, Yellow Pages ranks #593 out of 722 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Yellow Pages has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yellow Pages' Cyclically Adjusted PB Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Yellow Pages ranks #593 out of 722 companies for Cyclically Adjusted PB Ratio. This places Yellow Pages in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.99. Yellow Pages' value of 2.43 is 145.5% above this benchmark. Historically, Yellow Pages' own Cyclically Adjusted PB Ratio has ranged from 0.38 to 3.03 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 0.99, Yellow Pages 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.99, based on 722 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. Yellow Pages's current Cyclically Adjusted PB Ratio of 2.43 is 145.5% 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 Yellow Pages and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yellow Pages's current Cyclically Adjusted PB Ratio is 2.43, which is 109% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yellow Pages stock overvalued right now?
Based on GuruFocus' analysis, Yellow Pages (YLWDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.05, compared to a current price of $8.75 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.43, which is 109% above median its 10-year median of 1.16 and 145.5% above the Media - Diversified industry median of 0.99. Yellow Pages' overall GF Score™ is 79/100 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 Yellow Pages (YLWDF), the current Cyclically Adjusted PB Ratio is 2.43 as of Jul. 14, 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 Yellow Pages (YLWDF) Overvalued in 2026?

Based on GuruFocus' analysis, Yellow Pages stock appears to be overvalued. The current stock price of $8.75 is trading 24.1% above its estimated GF Value™ of $7.05. GuruFocus considers Yellow Pages to be Modestly Overvalued.

Key valuation signals for YLWDF:

  • Cyclically Adjusted PB Ratio: 2.43 (109% above median its 10-year median of 1.16)
  • GF Value™: $7.05 vs. price of $8.75 (24.1% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 145.5% above the Media - Diversified median (#593 of 722)

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


Yellow Pages Business Description

Other Exchanges Y:Canada
Address 1751 Richardson Street, Suite 8.300, Montreal, QC, CAN, H3K 1G6
Yellow Pages Ltd is a media and marketing solutions company in Canada. It offers local and national businesses access to digital and print media and marketing solutions to reach consumers in all the provinces and territories of Canada.
79GF Score

Get the complete analysis for YLWDF

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

$8.75
Price
$7.05
GF Value