ASHXF (Progressive Planet Solutions) Research & Development: $0.68 Mil (TTM As of Jan. 2026)


ASHXF Progressive Planet Solutions Inc ASHXF
34 GF Score
Price $0.23
GF Value $0.14
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Progressive Planet Solutions Research & Development?

Progressive Planet Solutions ASHXF 34 Research & Development is $0.68 Mil as of Jan. 2026. GuruFocus rates ASHXF with a GF Score™ of 34/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Progressive Planet Solutions's Research & Development for the three months ended in Jan. 2026 was $0.29 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jan. 2026 was $0.68 Mil.

Progressive Planet Solutions  (OTCPK:ASHXF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Progressive Planet Solutions Research & Development Related Terms

Progressive Planet Solutions Research & Development Historical Data

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The historical data trend for Progressive Planet Solutions's Research & Development 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 Research & Development Chart

Progressive Planet Solutions Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.65 0.39 0.23

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
Research & Development 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 0.06 0.07 0.10 0.22 0.29
ASHXF
34GF Score
Progressive Planet Solutions Inc ASHXF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Progressive Planet Solutions Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.68 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $0.68 Mil mean?
Progressive Planet Solutions (ASHXF) has a Research & Development of $0.68 Mil as of Jan. 2026. Research and development expense is the total cost for research and development activities. View historical data on Progressive Planet Solutions and its competitors.
Is Progressive Planet Solutions' Research & Development too high?
Progressive Planet Solutions' current Research & Development is $0.68 Mil. 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' Research & Development compare to competitors?
Progressive Planet Solutions' Research & Development of $0.68 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Metals & Mining company?
A good Research & Development depends on the Metals & Mining industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Progressive Planet Solutions and its competitors. Progressive Planet Solutions's current Research & Development is $0.68 Mil. 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 (ASHXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.23 — trading 65.4% above its estimated fair value. The current Research & Development is $0.68 Mil. Progressive Planet Solutions' overall GF Score™ is 34/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Progressive Planet Solutions (ASHXF), the current Research & Development is $0.68 Mil as of Jan. 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 (ASHXF) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued. The current stock price of $0.23 is trading 65.4% above its estimated GF Value™ of $0.14. GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.

Key valuation signals for ASHXF:

  • Research & Development: $0.68 Mil
  • GF Value™: $0.14 vs. price of $0.23 (65.4% above fair value)
  • GF Score™: 34/100 with 3 warning signs

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

Progressive Planet Solutions Business Description

Other Exchanges ARB3:GermanyPLAN:Canada
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 ASHXF

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.23
Price
$0.14
GF Value