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Jones Soda Co (Jones Soda Co) Cyclically Adjusted PB Ratio : 3.18 (As of Apr. 29, 2024)


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What is Jones Soda Co Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Jones Soda Co's current share price is $0.22265. Jones Soda Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.07. Jones Soda Co's Cyclically Adjusted PB Ratio for today is 3.18.

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

JSDA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.59   Max: 17.25
Current: 3.03

During the past years, Jones Soda Co's highest Cyclically Adjusted PB Ratio was 17.25. The lowest was 0.50. And the median was 1.59.

JSDA's Cyclically Adjusted PB Ratio is ranked worse than
62.34% of 77 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.28 vs JSDA: 3.03

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.

Jones Soda Co's adjusted book value per share data for the three months ended in Dec. 2023 was $0.075. 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 $0.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jones Soda Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jones Soda Co'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.

* Premium members only.

Jones Soda Co Cyclically Adjusted PB Ratio Chart

Jones Soda Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 2.60 9.65 3.47 1.96

Jones Soda Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.47 3.27 2.99 2.51 1.96

Competitive Comparison of Jones Soda Co's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Jones Soda Co'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.


Jones Soda Co's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Jones Soda Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jones Soda Co's Cyclically Adjusted PB Ratio falls into.



Jones Soda Co 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.

Jones Soda Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.22265/0.07
=3.18

* 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.

Jones Soda Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Jones Soda Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.075/129.4194*129.4194
=0.075

Current CPI (Dec. 2023) = 129.4194.

Jones Soda Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.072 99.695 0.093
201406 0.068 100.560 0.088
201409 0.073 100.428 0.094
201412 0.064 99.070 0.084
201503 0.059 99.621 0.077
201506 0.060 100.684 0.077
201509 0.055 100.392 0.071
201512 0.043 99.792 0.056
201603 0.045 100.470 0.058
201606 0.047 101.688 0.060
201609 0.052 101.861 0.066
201612 0.044 101.863 0.056
201703 0.040 102.862 0.050
201706 0.041 103.349 0.051
201709 0.039 104.136 0.048
201712 0.023 104.011 0.029
201803 0.021 105.290 0.026
201806 0.012 106.317 0.015
201809 0.003 106.507 0.004
201812 -0.017 105.998 -0.021
201903 -0.030 107.251 -0.036
201906 -0.027 108.070 -0.032
201909 0.127 108.329 0.152
201912 0.116 108.420 0.138
202003 0.100 108.902 0.119
202006 0.090 108.767 0.107
202009 0.083 109.815 0.098
202012 0.071 109.897 0.084
202103 0.070 111.754 0.081
202106 0.078 114.631 0.088
202109 0.087 115.734 0.097
202112 0.068 117.630 0.075
202203 0.136 121.301 0.145
202206 0.144 125.017 0.149
202209 0.129 125.227 0.133
202212 0.117 125.222 0.121
202303 0.105 127.348 0.107
202306 0.098 128.729 0.099
202309 0.088 129.860 0.088
202312 0.075 129.419 0.075

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.


Jones Soda Co  (OTCPK:JSDA) 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.


Jones Soda Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Jones Soda Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Jones Soda Co (Jones Soda Co) Business Description

Traded in Other Exchanges
N/A
Address
4786 1st Avenue South, Suite 103, Seattle, WA, USA, 98134
Jones Soda Co develops, produces, markets and distributes premium beverages which the company sells and distributes in the United States and Canada through its network of independent distributors and directly to its national and regional retail accounts. The company's products are sold in grocery stores, convenience and gas stores, restaurants, and sandwich shops among others. Geographically, the firm generates a majority of its revenue from the United States.
Executives
Gregg Reichman director 4786 1ST AVENUE SOUTH, SUITE 103, SEATTLE WA 98134
David A. Knight officer: CEO, President C/O REGO PAYMENT ARCHITECTURES, INC., 18327 GRIDLEY ROAD, SUITE K, CERRITOS CA 90703
Ronald L Dissinger director PO BOX 3599, BATTLE CREEK MI 49016-3599
Sol Global Investments Corp. 10 percent owner 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X 1C9
Alex Spiro director 25 TUDOR CITY PLACE APT 1011, NEW YORK NY 10017
Chad Bronstein director C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Mark F. Murray director, officer: President and CEO C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Robert Wesley Blair officer: Chief Marketing Officer C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Mick Fleming director C/O JONES SODA CO., 234 9TH AVE N, SEATTLE WA 98109
Jeffrey D. Anderson director 66 S. HANFORD ST., SUITE 150, SEATTLE WA 98134
Joe Culp officer: Controller, PFO,PAO C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Paul T Norman director PO BOX 3599, BATTLE CREEK MI 49016-3599
Clive M Sirkin director ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Jamie Colbourne director, officer: Acting Prin. Financial Officer C/O JONES SODA CO., 66 S. HANFORD STREET, STE 150, SEATTLE WA 98134
Heavenly Rx Ltd. 10 percent owner 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X1CR