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ReGen III (TSXV:GIII) Cyclically Adjusted PB Ratio : 7.00 (As of May. 21, 2024)


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What is ReGen III Cyclically Adjusted PB Ratio?

As of today (2024-05-21), ReGen III's current share price is C$0.35. ReGen III's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.05. ReGen III's Cyclically Adjusted PB Ratio for today is 7.00.

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

TSXV:GIII' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.54
Current: 7.06

During the past years, ReGen III's highest Cyclically Adjusted PB Ratio was 7.54. The lowest was 0.00. And the median was 0.00.

TSXV:GIII's Cyclically Adjusted PB Ratio is ranked worse than
96.33% of 817 companies
in the Oil & Gas industry
Industry Median: 0.98 vs TSXV:GIII: 7.06

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.

ReGen III's adjusted book value per share data for the three months ended in Dec. 2023 was C$-0.016. 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 C$0.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ReGen III Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ReGen III'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.

ReGen III Cyclically Adjusted PB Ratio Chart

ReGen III 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 0.41 1.01 4.91 4.71 6.05

ReGen III Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 4.69 4.71 5.82 7.11 6.05

Competitive Comparison of ReGen III's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, ReGen III'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.


ReGen III's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ReGen III's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ReGen III 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.

ReGen III's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.35/0.05
=7.00

* 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.

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

For example, ReGen III'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)
=-0.016/125.0724*125.0724
=-0.016

Current CPI (Dec. 2023) = 125.0724.

ReGen III Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.247 96.945 0.319
201403 0.212 98.604 0.269
201406 0.190 99.473 0.239
201409 0.166 99.394 0.209
201412 0.151 98.367 0.192
201503 0.135 99.789 0.169
201506 0.114 100.500 0.142
201509 0.097 100.421 0.121
201512 0.023 99.947 0.029
201603 -0.002 101.054 -0.002
201606 -0.015 102.002 -0.018
201609 -0.034 101.765 -0.042
201612 -0.033 101.449 -0.041
201703 0.039 102.634 0.048
201706 0.023 103.029 0.028
201709 0.097 103.345 0.117
201712 0.090 103.345 0.109
201803 0.062 105.004 0.074
201806 0.025 105.557 0.030
201809 -0.002 105.636 -0.002
201812 0.007 105.399 0.008
201903 -0.005 106.979 -0.006
201906 -0.024 107.690 -0.028
201909 -0.010 107.611 -0.012
201912 -0.026 107.769 -0.030
202003 -0.041 107.927 -0.048
202006 -0.047 108.401 -0.054
202009 -0.054 108.164 -0.062
202012 -0.045 108.559 -0.052
202103 -0.032 110.298 -0.036
202106 0.112 111.720 0.125
202109 0.098 112.905 0.109
202112 0.066 113.774 0.073
202203 0.015 117.646 0.016
202206 0.015 120.806 0.016
202209 0.005 120.648 0.005
202212 -0.008 120.964 -0.008
202303 0.007 122.702 0.007
202309 -0.011 125.230 -0.011
202312 -0.016 125.072 -0.016

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.


ReGen III  (TSXV:GIII) 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.


ReGen III Cyclically Adjusted PB Ratio Related Terms

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


ReGen III (TSXV:GIII) Business Description

Industry
Traded in Other Exchanges
Address
400 Burrard Street, Suite 1750, Vancouver, BC, CAN, V6C 3A6
ReGen III Corp is a cleantech company that is building sustainable green projects with compelling economics, without relying on government subsidies. It owns a portfolio of patented technologies that enable used motor oil (UMO) re-refineries to produce a higher-value product mix of base oils than traditional methods.
Executives
William Bradford White 10% Security Holder, Director

ReGen III (TSXV:GIII) Headlines

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