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FinCanna Capital (FRA:4AL0) Cyclically Adjusted Book per Share : €0.05 (As of Jan. 2024)


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What is FinCanna Capital Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

FinCanna Capital's adjusted book value per share for the three months ended in Jan. 2024 was €-0.002. 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 €0.05 for the trailing ten years ended in Jan. 2024.

During the past 12 months, FinCanna Capital's average Cyclically Adjusted Book Growth Rate was -5.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-17), FinCanna Capital's current stock price is €0.0005. FinCanna Capital's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €0.05. FinCanna Capital's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of FinCanna Capital was 0.21. The lowest was 0.01. And the median was 0.01.


FinCanna Capital Cyclically Adjusted Book per Share Historical Data

The historical data trend for FinCanna Capital's Cyclically Adjusted Book per Share 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.

FinCanna Capital Cyclically Adjusted Book per Share Chart

FinCanna Capital Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.41 0.06

FinCanna Capital Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 0.06 0.06 0.06 0.33 0.05

Competitive Comparison of FinCanna Capital's Cyclically Adjusted Book per Share

For the Credit Services subindustry, FinCanna Capital'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.


FinCanna Capital's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FinCanna Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FinCanna Capital Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, FinCanna Capital'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)
=-0.002/125.0724*125.0724
=-0.002

Current CPI (Jan. 2024) = 125.0724.

FinCanna Capital Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.063 98.920 0.080
201407 0.034 99.315 0.043
201410 -0.001 99.473 -0.001
201501 -0.033 98.209 -0.042
201504 -0.070 99.710 -0.088
201507 -0.097 100.579 -0.121
201510 -0.121 100.500 -0.151
201601 -0.141 100.184 -0.176
201604 -0.182 101.370 -0.225
201607 -0.214 101.844 -0.263
201610 -0.240 102.002 -0.294
201701 0.138 102.318 0.169
201704 0.450 103.029 0.546
201707 0.060 103.029 0.073
201710 0.032 103.424 0.039
201801 1.016 104.056 1.221
201804 1.080 105.320 1.283
201807 1.209 106.110 1.425
201810 1.345 105.952 1.588
201901 1.318 105.557 1.562
201904 1.333 107.453 1.552
201907 1.321 108.243 1.526
201910 1.296 107.927 1.502
202001 1.054 108.085 1.220
202004 0.558 107.216 0.651
202007 0.546 108.401 0.630
202010 0.502 108.638 0.578
202101 0.449 109.192 0.514
202104 -0.020 110.851 -0.023
202107 -0.060 112.431 -0.067
202110 -0.103 113.695 -0.113
202201 -0.118 114.801 -0.129
202204 -0.101 118.357 -0.107
202207 -0.120 120.964 -0.124
202210 -0.084 121.517 -0.086
202301 -0.053 121.596 -0.055
202304 -0.003 123.571 -0.003
202307 -0.003 124.914 -0.003
202310 -0.003 125.310 -0.003
202401 -0.002 125.072 -0.002

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


FinCanna Capital  (FRA:4AL0) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

FinCanna Capital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0005/0.05
=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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of FinCanna Capital was 0.21. The lowest was 0.01. And the median was 0.01.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


FinCanna Capital Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of FinCanna Capital's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


FinCanna Capital (FRA:4AL0) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
FinCanna Capital Corp is a Canada based royalty investment company for licensed medical cannabis. The organization operates in one business segment, being a financier of companies operating in the cannabis sector located in the United States.

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