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Body and Mind (XCNQ:BAMM) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Body and Mind Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Body and Mind Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Body and Mind'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.

Body and Mind Cyclically Adjusted PB Ratio Chart

Body and Mind Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
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Body and Mind Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Body and Mind's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Body and Mind'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.


Body and Mind's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Body and Mind 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.

Body and Mind's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Body and Mind's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.101/125.0724*125.0724
=-0.101

Current CPI (Jan. 2024) = 125.0724.

Body and Mind Quarterly Data

Book Value per Share CPI Adj_Book
201404 -1.010 98.920 -1.277
201407 -1.135 99.315 -1.429
201410 -1.211 99.473 -1.523
201501 -1.258 98.209 -1.602
201504 -0.488 99.710 -0.612
201507 -0.516 100.579 -0.642
201510 -0.541 100.500 -0.673
201601 -0.574 100.184 -0.717
201604 -0.593 101.370 -0.732
201607 -0.207 101.844 -0.254
201610 -0.212 102.002 -0.260
201701 -0.237 102.318 -0.290
201704 0.059 103.029 0.072
201707 0.021 103.029 0.025
201710 0.301 103.424 0.364
201801 0.386 104.056 0.464
201804 0.385 105.320 0.457
201807 0.296 106.110 0.349
201810 0.290 105.952 0.342
201901 0.327 105.557 0.387
201904 0.344 107.453 0.400
201907 0.447 108.243 0.516
201910 0.461 107.927 0.534
202001 0.446 108.085 0.516
202004 0.463 107.216 0.540
202007 0.421 108.401 0.486
202010 0.410 108.638 0.472
202101 0.384 109.192 0.440
202104 0.377 110.851 0.425
202107 0.394 112.431 0.438
202110 0.393 113.695 0.432
202201 0.361 114.801 0.393
202204 0.333 118.357 0.352
202207 0.110 120.964 0.114
202210 0.079 121.517 0.081
202301 0.039 121.596 0.040
202304 0.007 123.571 0.007
202307 -0.093 124.914 -0.093
202310 -0.100 125.310 -0.100
202401 -0.101 125.072 -0.101

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.


Body and Mind  (XCNQ:BAMM) 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.


Body and Mind Cyclically Adjusted PB Ratio Related Terms

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


Body and Mind (XCNQ:BAMM) Business Description

Traded in Other Exchanges
Address
750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.
Executives
Darren Tindale Senior Officer

Body and Mind (XCNQ:BAMM) Headlines

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