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Viridis Holdings (Viridis Holdings) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Viridis Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Viridis Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viridis Holdings'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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Viridis Holdings Cyclically Adjusted PB Ratio Chart

Viridis Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Viridis Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Viridis Holdings's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Viridis Holdings'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.


Viridis Holdings's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Viridis Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Viridis Holdings 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.

Viridis Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Viridis Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=-0.208/112.9049*112.9049
=-0.208

Current CPI (Sep. 2021) = 112.9049.

Viridis Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200912 0.057 90.703 0.071
201003 1.400 91.335 1.731
201006 3.112 91.809 3.827
201009 2.981 92.362 3.644
201012 2.537 92.836 3.085
201103 2.206 94.338 2.640
201106 1.898 94.654 2.264
201109 1.480 95.286 1.754
201112 1.544 94.970 1.836
201203 1.297 96.155 1.523
201206 1.090 96.076 1.281
201209 1.404 96.392 1.645
201212 0.243 95.760 0.287
201303 0.161 97.103 0.187
201306 0.472 97.182 0.548
201309 0.411 97.419 0.476
201312 0.288 96.945 0.335
201403 0.367 98.604 0.420
201406 0.310 99.473 0.352
201409 0.259 99.394 0.294
201412 0.233 98.367 0.267
201503 0.153 99.789 0.173
201506 0.058 100.500 0.065
201509 -0.045 100.421 -0.051
201712 -0.193 103.345 -0.211
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 -0.188 105.399 -0.201
201903 -0.189 106.979 -0.199
201906 -0.192 107.690 -0.201
201909 -0.195 107.611 -0.205
201912 -0.197 107.769 -0.206
202003 -0.186 107.927 -0.195
202006 -0.192 108.401 -0.200
202009 -0.198 108.164 -0.207
202012 -0.205 108.559 -0.213
202103 -0.209 110.298 -0.214
202106 -0.216 111.720 -0.218
202109 -0.208 112.905 -0.208

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.


Viridis Holdings  (OTCPK:VRDSF) 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.


Viridis Holdings Cyclically Adjusted PB Ratio Related Terms

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Viridis Holdings (Viridis Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1075 West Georgia Street, Suite 1650, Vancouver, BC, CAN, V6E 3C9
Viridis Holdings Corp has no operations.

Viridis Holdings (Viridis Holdings) Headlines

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