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Future Farm Technologies (XCNQ:FFT) Cyclically Adjusted PB Ratio : (As of May. 20, 2024)


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What is Future Farm Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Future Farm Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Future Farm Technologies'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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Future Farm Technologies Cyclically Adjusted PB Ratio Chart

Future Farm Technologies Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Cyclically Adjusted PB Ratio
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Future Farm Technologies Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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Competitive Comparison of Future Farm Technologies's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Future Farm Technologies'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.


Future Farm Technologies's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Future Farm Technologies 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.

Future Farm Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2019 is calculated as:

For example, Future Farm Technologies's adjusted Book Value per Share data for the three months ended in Nov. 2019 was:

Adj_Book=Book Value per Share/CPI of Nov. 2019 (Change)*Current CPI (Nov. 2019)
=-0.006/107.7693*107.7693
=-0.006

Current CPI (Nov. 2019) = 107.7693.

Future Farm Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201002 -0.196 91.335 -0.231
201005 0.023 91.888 0.027
201008 0.064 92.204 0.075
201011 0.017 92.836 0.020
201102 -0.007 93.311 -0.008
201105 -0.024 95.286 -0.027
201108 -0.045 95.049 -0.051
201111 -0.065 95.523 -0.073
201202 -0.082 95.760 -0.092
201205 -0.097 96.471 -0.108
201208 -0.123 96.234 -0.138
201211 -0.148 96.313 -0.166
201302 -0.164 96.945 -0.182
201305 -0.180 97.182 -0.200
201308 -0.195 97.261 -0.216
201311 -0.211 97.182 -0.234
201402 -0.225 98.051 -0.247
201405 -0.037 99.394 -0.040
201408 -0.052 99.315 -0.056
201411 -0.066 99.078 -0.072
201502 0.018 99.078 0.020
201505 0.011 100.263 0.012
201508 0.008 100.579 0.009
201511 0.001 100.421 0.001
201602 0.002 100.421 0.002
201605 0.026 101.765 0.028
201608 0.030 101.686 0.032
201611 0.069 101.607 0.073
201702 0.069 102.476 0.073
201705 0.053 103.108 0.055
201708 0.037 103.108 0.039
201711 0.042 103.740 0.044
201802 0.022 104.688 0.023
201805 0.051 105.399 0.052
201808 -0.001 106.031 -0.001
201811 0.034 105.478 0.035
201902 0.027 106.268 0.027
201905 0.011 107.927 0.011
201908 0.004 108.085 0.004
201911 -0.006 107.769 -0.006

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.


Future Farm Technologies  (XCNQ:FFT) 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.


Future Farm Technologies Cyclically Adjusted PB Ratio Related Terms

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Future Farm Technologies (XCNQ:FFT) Business Description

Traded in Other Exchanges
N/A
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.

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