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N2OFF (NITO) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is N2OFF Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


N2OFF Cyclically Adjusted PB Ratio Historical Data

The historical data trend for N2OFF'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.

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N2OFF Cyclically Adjusted PB Ratio Chart

N2OFF Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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N2OFF Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of N2OFF's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, N2OFF'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.


N2OFF's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, N2OFF's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where N2OFF's Cyclically Adjusted PB Ratio falls into.



N2OFF 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.

N2OFF's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, N2OFF's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.932/131.7762*131.7762
=1.932

Current CPI (Mar. 2024) = 131.7762.

N2OFF Quarterly Data

Book Value per Share CPI Adj_Book
200912 -28.747 91.111 -41.577
201003 -43.473 91.821 -62.390
201006 -50.055 91.962 -71.726
201009 -45.293 92.162 -64.762
201012 -42.916 92.474 -61.156
201103 -19.098 94.283 -26.693
201106 -6.293 95.235 -8.708
201109 -18.072 95.727 -24.878
201112 -20.052 95.213 -27.752
201203 -31.787 96.783 -43.280
201206 -53.780 96.819 -73.198
201209 -67.354 97.633 -90.908
201212 -76.117 96.871 -103.544
201303 -29.055 98.209 -38.986
201306 -39.528 98.518 -52.872
201309 -52.835 98.790 -70.477
201312 -58.819 98.326 -78.829
201403 -69.134 99.695 -91.381
201812 1.603 105.998 1.993
201903 0.000 107.251 0.000
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 -1.829 108.420 -2.223
202003 -3.249 108.902 -3.931
202006 -1.853 108.767 -2.245
202009 -1.500 109.815 -1.800
202012 -1.899 109.897 -2.277
202103 -3.681 111.754 -4.340
202106 22.607 114.631 25.988
202109 19.768 115.734 22.508
202112 16.170 117.630 18.115
202203 13.409 121.301 14.567
202206 10.894 125.017 11.483
202209 10.932 125.227 11.504
202212 8.868 125.222 9.332
202303 7.349 127.348 7.605
202306 5.118 128.729 5.239
202309 3.172 129.860 3.219
202312 2.193 129.419 2.233
202403 1.932 131.776 1.932

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.


N2OFF  (NAS:NITO) 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.


N2OFF Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of N2OFF's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


N2OFF (NITO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
HaPardes 134 Meshek Sander, Neve Yarak, ISR, 4994500
Save Foods Inc is an agri-food tech company specializing in eco-crop protection that reduces food waste and ensures food safety. The company engaged in the business of developing, testing, and marketing solutions and products for extending the storability and shelf life of vegetables and fruits through its subsidiary. The company develops products that treat citrus fruits, sweet potatoes, and stored table potatoes and also provides storage control of fruits and vegetables. It has also started the commercialization of its products. Geographically, it generates the majority of its revenue from the United States and Mexico.
Executives
Yaaran Investments Ltd. 10 percent owner HARSIT 7 ST., SHEARY -TIKVA L3 4481000
Roy Borochov director 52 HATEENA, KFAR BEN NUN L3 9978000
Plantify Foods, Inc. 10 percent owner 2264 EAST 11TH AVENUE, VANCOUVER A1 V5N1Z6
Udi Ovadia Kalifi director UZIEL 101, RAMAT GAN L3 5234433
Lital Barda officer: Chief Financial Officer DAVID MEIR GUTMAN 11, PETAH TIKVA L3 4934116
Neta Matis officer: COO of the Issuer's Subsidiary DAVID HAMELECH 11, HOD HASHARON L3 4523403
Omri Kanterovich officer: Interim CFO YUVAL NEEMAN 7, TEL AVIV L3 6967183
Mia Jacqueline Serra officer: Chief Marketing Officer HARAV KOSOVSKY 34, TEL AVIV L3 6291062
Eliahou Arbib director ARLOZOROV 25, RAMAT GAN L3 5248141
David Palach officer: Co-Chief Executive Officer EVEN GVIROL 1, RISHON LEZION L3 7548101
Amitay Weiss director HA'AZTMAUT 41, PETAH TIKVA L3 4937941
Ronen Rosenbloom director NISSIM ALONI 4, TEL AVIV L3 6291918
Israel Yakov Berenstein director SHEVET LEVI 13, PETAH TIKVA L3 4930092
Joachim Fuchs director HAZOREA 67, KFAR SHMARYAHU L3 4691000
Doron Shorrer director KOREH HADOROT 33, JERUSALEM L3 9339348