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Big Rock Brewery (TSX:BR) Cyclically Adjusted Book per Share : C$5.41 (As of Mar. 2025)


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What is Big Rock Brewery 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.

Big Rock Brewery's adjusted book value per share for the three months ended in Mar. 2025 was C$1.048. 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$5.41 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Big Rock Brewery's average Cyclically Adjusted Book Growth Rate was -7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.00% 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 Big Rock Brewery was 14.60% per year. The lowest was -2.00% per year. And the median was 1.70% per year.

As of today (2025-05-25), Big Rock Brewery's current stock price is C$1.07. Big Rock Brewery's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$5.41. Big Rock Brewery's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Big Rock Brewery was 1.48. The lowest was 0.18. And the median was 0.91.


Big Rock Brewery Cyclically Adjusted Book per Share Historical Data

The historical data trend for Big Rock Brewery'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.

Big Rock Brewery Cyclically Adjusted Book per Share Chart

Big Rock Brewery Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.71 5.83 5.95 5.85 5.49

Big Rock Brewery Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.82 5.76 5.63 5.49 5.41

Competitive Comparison of Big Rock Brewery's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, Big Rock Brewery'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.


Big Rock Brewery's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Big Rock Brewery's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Big Rock Brewery's Cyclically Adjusted PB Ratio falls into.


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Big Rock Brewery 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, Big Rock Brewery's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.048/129.1809*129.1809
=1.048

Current CPI (Mar. 2025) = 129.1809.

Big Rock Brewery Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.445 100.500 6.999
201509 5.467 100.421 7.033
201512 5.460 99.947 7.057
201603 5.357 101.054 6.848
201606 5.413 102.002 6.855
201609 5.462 101.765 6.934
201612 5.420 101.449 6.902
201703 5.299 102.634 6.670
201706 5.321 103.029 6.672
201709 5.301 103.345 6.626
201712 5.442 103.345 6.803
201803 5.236 105.004 6.442
201806 5.276 105.557 6.457
201809 5.371 105.636 6.568
201812 5.526 105.399 6.773
201903 5.288 106.979 6.385
201906 5.336 107.690 6.401
201909 5.314 107.611 6.379
201912 5.139 107.769 6.160
202003 4.931 107.927 5.902
202006 5.027 108.401 5.991
202009 5.196 108.164 6.206
202012 4.997 108.559 5.946
202103 4.950 110.298 5.797
202106 5.060 111.720 5.851
202109 5.102 112.905 5.837
202112 4.564 113.774 5.182
202203 4.372 117.646 4.801
202206 4.287 120.806 4.584
202209 4.146 120.648 4.439
202212 3.612 120.964 3.857
202303 3.554 122.702 3.742
202306 3.550 124.203 3.692
202309 3.525 125.230 3.636
202312 3.230 125.072 3.336
202403 2.789 126.258 2.854
202406 2.812 127.522 2.849
202409 2.689 127.285 2.729
202412 1.314 127.364 1.333
202503 1.048 129.181 1.048

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


Big Rock Brewery  (TSX:BR) 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.

Big Rock Brewery's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.07/5.41
=0.20

* 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 Big Rock Brewery was 1.48. The lowest was 0.18. And the median was 0.91.


Be Aware

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


Big Rock Brewery Cyclically Adjusted Book per Share Related Terms

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


Big Rock Brewery Business Description

Traded in Other Exchanges
Address
5555 - 76th Avenue SE, Calgary, AB, CAN, T2C 4L8
Big Rock Brewery Inc is a producer of premium, all-natural craft beers, cider, and other alcoholic and non-alcoholic beverages.. It operates in two segments: the wholesale segment, which manufactures and distributes beer, cider, and other alcoholic beverages to and through, provincial liquor boards which are subsequently sold to end consumers; and the retail segment, which sells beverages, food, and merchandise to end consumers on premises owned and/or operated by the company. Its brands include Big Rock, Tree Brewing, Pacer, Rock Creek Cider, Dukes Cider, AGD, Shaftebury, Bow Valley, White Peaks, and Cottage Springs. It also produces an ongoing selection of seasonal beers and ciders as well as beer and RTD products under co-packaging and "white label" contract arrangements.
Executives
Patrick Donnell Noone Director
Michael G Kohut Director
Sam Galick Senior Officer
Donald Richard Sewell Senior Officer
Stephen Giblin Director
Paul Henry Gautreau Senior Officer