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Affinor Growers (XCNQ:AFI) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 06, 2024)


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What is Affinor Growers Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Affinor Growers's current share price is C$0.12. Affinor Growers's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$0.18. Affinor Growers's Cyclically Adjusted PB Ratio for today is 0.67.

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

XCNQ:AFI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 4.38   Max: 83.33
Current: 0.67

During the past years, Affinor Growers's highest Cyclically Adjusted PB Ratio was 83.33. The lowest was 0.44. And the median was 4.38.

XCNQ:AFI's Cyclically Adjusted PB Ratio is ranked better than
77.18% of 1341 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs XCNQ:AFI: 0.67

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.

Affinor Growers's adjusted book value per share data for the three months ended in Feb. 2024 was C$0.008. 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$0.18 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Affinor Growers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Affinor Growers'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.

Affinor Growers Cyclically Adjusted PB Ratio Chart

Affinor Growers Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.54 2.44 3.28 1.58 0.19

Affinor Growers Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.20 0.19 0.19 0.20 0.39

Competitive Comparison of Affinor Growers's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Affinor Growers'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.


Affinor Growers's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Affinor Growers's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Affinor Growers 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.

Affinor Growers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.12/0.18
=0.67

* 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.

Affinor Growers's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.008/125.4675*125.4675
=0.008

Current CPI (Feb. 2024) = 125.4675.

Affinor Growers Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.314 99.394 0.396
201408 0.480 99.315 0.606
201411 0.474 99.078 0.600
201502 0.405 99.078 0.513
201505 0.291 100.263 0.364
201508 0.284 100.579 0.354
201511 0.264 100.421 0.330
201602 0.247 100.421 0.309
201605 0.132 101.765 0.163
201608 0.205 101.686 0.253
201611 0.236 101.607 0.291
201702 0.242 102.476 0.296
201705 0.225 103.108 0.274
201708 0.213 103.108 0.259
201711 0.203 103.740 0.246
201802 0.214 104.688 0.256
201805 0.212 105.399 0.252
201808 0.196 106.031 0.232
201811 0.186 105.478 0.221
201902 0.176 106.268 0.208
201905 0.063 107.927 0.073
201908 0.054 108.085 0.063
201911 0.040 107.769 0.047
202002 0.029 108.559 0.034
202005 0.017 107.532 0.020
202008 0.032 108.243 0.037
202011 0.050 108.796 0.058
202102 0.088 109.745 0.101
202105 0.052 111.404 0.059
202108 0.045 112.668 0.050
202111 0.049 113.932 0.054
202202 0.056 115.986 0.061
202205 0.026 120.016 0.027
202208 0.026 120.569 0.027
202211 0.025 121.675 0.026
202302 0.018 122.070 0.019
202305 0.010 124.045 0.010
202308 0.003 125.389 0.003
202311 -0.008 125.468 -0.008
202402 0.008 125.468 0.008

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.


Affinor Growers  (XCNQ:AFI) 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.


Affinor Growers Cyclically Adjusted PB Ratio Related Terms

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


Affinor Growers (XCNQ:AFI) Business Description

Traded in Other Exchanges
Address
250-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
Affinor Growers Inc is a farming technology company engaged in acquiring, patenting, and commercializing various agriculture technologies and vertical farming technology for the indoor controlled environment and outdoor greenhouse agriculture industry in North America. It produces strawberries and other crops, such as romaine lettuce and herbs using vertical farming technology. The company principally operates in North America. The Company's revenue model includes entering into licensing agreements that provide licensing revenue as well as earnings on sales of its equipment and sale of produce from its production facilities.
Executives
Karim Mohamedani 10% Security Holder

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