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TILT Holdings (NEOE:TILT) Cyclically Adjusted Book per Share : C$0.79 (As of Mar. 2024)


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What is TILT Holdings 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.

TILT Holdings's adjusted book value per share for the three months ended in Mar. 2024 was C$0.185. 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$0.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, TILT Holdings's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 20.50% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of TILT Holdings was 53.30% per year. The lowest was 20.50% per year. And the median was 36.90% per year.

As of today (2024-06-19), TILT Holdings's current stock price is C$0.03. TILT Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.79. TILT Holdings's Cyclically Adjusted PB Ratio of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of TILT Holdings was 18.33. The lowest was 0.03. And the median was 0.62.


TILT Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for TILT Holdings'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.

TILT Holdings Cyclically Adjusted Book per Share Chart

TILT Holdings Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.44 0.62 0.72 0.77

TILT Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.74 0.75 0.77 0.77 0.79

Competitive Comparison of TILT Holdings's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, TILT Holdings'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.


TILT Holdings's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



TILT Holdings 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, TILT Holdings'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)
=0.185/131.7762*131.7762
=0.185

Current CPI (Mar. 2024) = 131.7762.

TILT Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201402 0.025 99.057 0.033
201405 0.023 100.373 0.030
201408 0.020 100.352 0.026
201411 0.017 99.635 0.022
201502 0.014 99.032 0.019
201505 0.011 100.333 0.014
201508 0.010 100.548 0.013
201511 0.007 100.135 0.009
201602 0.005 100.040 0.007
201605 0.004 101.355 0.005
201608 0.002 101.617 0.003
201611 0.000 101.829 0.000
201702 -0.002 102.779 -0.003
201705 -0.004 103.256 -0.005
201708 -0.006 103.587 -0.008
201711 -0.008 104.072 -0.010
201802 -0.010 105.052 -0.013
201807 0.062 106.324 0.077
201812 2.998 105.998 3.727
201903 3.385 107.251 4.159
201906 2.374 108.070 2.895
201909 1.804 108.329 2.194
201912 1.645 108.420 1.999
202003 1.706 108.902 2.064
202006 1.604 108.767 1.943
202009 1.551 109.815 1.861
202012 0.987 109.897 1.184
202103 0.963 111.754 1.136
202106 0.921 114.631 1.059
202109 0.930 115.734 1.059
202112 0.772 117.630 0.865
202203 0.762 121.301 0.828
202206 0.712 125.017 0.750
202209 0.687 125.227 0.723
202212 0.437 125.222 0.460
202303 0.441 127.348 0.456
202306 0.325 128.729 0.333
202309 0.301 129.860 0.305
202312 0.218 129.419 0.222
202403 0.185 131.776 0.185

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


TILT Holdings  (NEOE:TILT) 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.

TILT Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.03/0.79
=0.04

* 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 13 years, the highest Cyclically Adjusted PB Ratio of TILT Holdings was 18.33. The lowest was 0.03. And the median was 0.62.


Be Aware

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


TILT Holdings Cyclically Adjusted Book per Share Related Terms

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


TILT Holdings (NEOE:TILT) Business Description

Industry
Traded in Other Exchanges
Address
2801 E Camelback Road, Suite 180, Phoenix, AZ, USA, 85016
TILT Holdings Inc helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production. The majority of the revenue is generated from the Accessories segment which is engaged in the manufacturing and distribution of electronic, non-nicotine (i.e., cannabis) devices and systems. The company's geographical segments include the United States and Canada, of which the majority of the revenue is generated from the United States.
Executives
Brad Hoch Senior Officer