GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MedMen Enterprises Inc (OTCPK:MMNFQ) » Definitions » Cyclically Adjusted PB Ratio

MedMen Enterprises (MedMen Enterprises) Cyclically Adjusted PB Ratio : 0.00 (As of Jun. 05, 2024)


View and export this data going back to 2018. Start your Free Trial

What is MedMen Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-06-05), MedMen Enterprises's current share price is $1.0E-6. MedMen Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was $0.59. MedMen Enterprises's Cyclically Adjusted PB Ratio for today is 0.00.

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

MMNFQ's Cyclically Adjusted PB Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.885
* 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.

MedMen Enterprises's adjusted book value per share data for the three months ended in Mar. 2023 was $0.088. 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 $0.59 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MedMen Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MedMen Enterprises'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.

MedMen Enterprises Cyclically Adjusted PB Ratio Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.13

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.35 0.13 0.07 0.03 0.03

Competitive Comparison of MedMen Enterprises's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, MedMen Enterprises'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.


MedMen Enterprises's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MedMen Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MedMen Enterprises 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.

MedMen Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.0E-6/0.59
=0.00

* 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.

MedMen Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, MedMen Enterprises's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.088/127.3478*127.3478
=0.088

Current CPI (Mar. 2023) = 127.3478.

MedMen Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201304 0.189 98.107 0.245
201307 0.099 98.557 0.128
201310 -0.005 98.536 -0.006
201401 -0.072 98.692 -0.093
201404 -0.280 100.023 -0.356
201407 0.729 100.520 0.924
201410 0.616 100.176 0.783
201501 0.470 98.604 0.607
201504 0.441 99.824 0.563
201507 0.371 100.691 0.469
201510 0.326 100.346 0.414
201601 0.265 99.957 0.338
201604 0.244 100.947 0.308
201607 0.193 101.524 0.242
201610 0.145 101.988 0.181
201701 0.104 102.456 0.129
201704 0.053 103.167 0.065
201707 -0.012 103.278 -0.015
201710 -0.058 104.070 -0.071
201801 -0.121 104.578 -0.147
201804 0.625 105.708 0.753
201809 2.477 106.507 2.962
201812 2.824 105.998 3.393
201903 1.861 107.251 2.210
201906 1.392 108.070 1.640
201909 1.261 108.329 1.482
201912 0.999 108.420 1.173
202003 0.756 108.902 0.884
202006 0.395 108.767 0.462
202009 0.380 109.815 0.441
202012 0.323 109.897 0.374
202103 0.341 111.754 0.389
202106 0.264 114.631 0.293
202109 0.210 115.734 0.231
202112 0.195 117.630 0.211
202203 0.170 121.301 0.178
202206 0.117 125.017 0.119
202209 0.123 125.227 0.125
202212 0.112 125.222 0.114
202303 0.088 127.348 0.088

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.


MedMen Enterprises  (OTCPK:MMNFQ) 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.


MedMen Enterprises Cyclically Adjusted PB Ratio Related Terms

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


MedMen Enterprises (MedMen Enterprises) Business Description

Traded in Other Exchanges
Address
10115 Jefferson Boulevard, Culver City, CA, USA, 90232
MedMen Enterprises Inc formerly known as Ladera Ventures Corp is the preeminent cannabis company with multiple assets and operations in California, Nevada, and New York, which combined account for nearly half of North America's addressable legal market. The company owns and operates licensed cannabis facilities in cultivation, manufacturing, and retail.

MedMen Enterprises (MedMen Enterprises) Headlines