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Vibe Growth (XCNQ:VIBE) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 14, 2024)


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What is Vibe Growth Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Vibe Growth's current share price is C$0.09. Vibe Growth's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$6.27. Vibe Growth's Cyclically Adjusted PB Ratio for today is 0.01.

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

XCNQ:VIBE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.13   Max: 0.44
Current: 0.01

During the past years, Vibe Growth's highest Cyclically Adjusted PB Ratio was 0.44. The lowest was 0.01. And the median was 0.13.

XCNQ:VIBE's Cyclically Adjusted PB Ratio is ranked better than
99.87% of 752 companies
in the Drug Manufacturers industry
Industry Median: 1.86 vs XCNQ:VIBE: 0.01

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.

Vibe Growth's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.060. 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$6.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vibe Growth Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vibe Growth'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.

Vibe Growth Cyclically Adjusted PB Ratio Chart

Vibe Growth Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.35 0.13 0.04

Vibe Growth Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.10 0.08 0.04 0.04 0.06

Competitive Comparison of Vibe Growth's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Vibe Growth'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.


Vibe Growth's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Vibe Growth 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.

Vibe Growth's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.09/6.27
=0.01

* 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.

Vibe Growth's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vibe Growth's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.06/126.2576*126.2576
=0.060

Current CPI (Mar. 2024) = 126.2576.

Vibe Growth Quarterly Data

Book Value per Share CPI Adj_Book
201404 15.125 98.920 19.305
201407 12.983 99.315 16.505
201410 12.697 99.473 16.116
201501 11.883 98.209 15.277
201504 12.112 99.710 15.337
201507 9.978 100.579 12.525
201510 9.785 100.500 12.293
201601 9.473 100.184 11.938
201604 9.145 101.370 11.390
201607 9.134 101.844 11.324
201610 8.760 102.002 10.843
201701 8.857 102.318 10.929
201704 8.144 103.029 9.980
201707 8.285 103.029 10.153
201710 7.657 103.424 9.348
201801 7.566 104.056 9.180
201804 11.829 105.320 14.181
201807 -0.127 106.110 -0.151
201810 -1.051 105.952 -1.252
201901 -1.028 105.557 -1.230
201906 2.155 107.690 2.527
201909 1.749 107.611 2.052
201912 1.189 107.769 1.393
202003 1.219 107.927 1.426
202006 1.278 108.401 1.489
202009 1.357 108.164 1.584
202012 1.568 108.559 1.824
202103 2.712 110.298 3.104
202106 2.660 111.720 3.006
202109 2.648 112.905 2.961
202112 2.442 113.774 2.710
202203 2.325 117.646 2.495
202206 2.282 120.806 2.385
202209 2.236 120.648 2.340
202212 1.485 120.964 1.550
202303 1.359 122.702 1.398
202306 1.161 124.203 1.180
202309 1.032 125.230 1.040
202312 0.134 125.072 0.135
202403 0.060 126.258 0.060

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.


Vibe Growth  (XCNQ:VIBE) 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.


Vibe Growth Cyclically Adjusted PB Ratio Related Terms

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


Vibe Growth (XCNQ:VIBE) Business Description

Traded in Other Exchanges
Address
997 Seymour Street, Suite 250, Vancouver, BC, CAN, V6B3M1
Vibe Growth Corp is engaged in evaluation, acquiring and developing cannabis cultivation, distribution and manufacturing assets and retail cannabis dispensaries, predominantly in the U.S., in order to become a vertically integrated cannabis operator. The Company currently operates five dispensaries, one distribution and two cultivation operations in the State of California plus one dispensary in Portland, Oregon.
Executives
Hadron Capital (cayman) Limited 10% Security Holder

Vibe Growth (XCNQ:VIBE) Headlines

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