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Mojave Brands (XCNQ:MOJO) Cyclically Adjusted Book per Share : C$5.61 (As of Feb. 2024)


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What is Mojave Brands 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.

Mojave Brands's adjusted book value per share for the three months ended in Feb. 2024 was C$0.057. 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$5.61 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Mojave Brands's average Cyclically Adjusted Book Growth Rate was -75.40% 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 (2024-05-31), Mojave Brands's current stock price is C$0.30. Mojave Brands's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was C$5.61. Mojave Brands's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mojave Brands was 0.06. The lowest was 0.00. And the median was 0.00.


Mojave Brands Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mojave Brands'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.

Mojave Brands Cyclically Adjusted Book per Share Chart

Mojave Brands Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 56.77 36.76 13.78

Mojave Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 22.76 17.45 13.78 9.35 5.61

Competitive Comparison of Mojave Brands's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Mojave Brands'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.


Mojave Brands's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Mojave Brands 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, Mojave Brands's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.057/125.4675*125.4675
=0.057

Current CPI (Feb. 2024) = 125.4675.

Mojave Brands Quarterly Data

Book Value per Share CPI Adj_Book
201405 70.073 99.394 88.455
201408 58.376 99.315 73.748
201411 21.929 99.078 27.770
201502 0.366 99.078 0.463
201505 -16.271 100.263 -20.361
201508 -37.477 100.579 -46.751
201511 -24.712 100.421 -30.875
201602 -52.059 100.421 -65.043
201605 -64.580 101.765 -79.622
201608 -36.903 101.686 -45.534
201611 -37.397 101.607 -46.179
201702 17.979 102.476 22.013
201705 17.079 103.108 20.783
201708 30.486 103.108 37.097
201711 27.675 103.740 33.471
201802 25.767 104.688 30.882
201805 38.368 105.399 45.673
201808 39.713 106.031 46.993
201811 37.083 105.478 44.111
201902 33.892 106.268 40.015
201905 26.174 107.927 30.428
201908 4.672 108.085 5.423
201911 4.152 107.769 4.834
202002 3.018 108.559 3.488
202005 0.143 107.532 0.167
202008 0.144 108.243 0.167
202011 0.070 108.796 0.081
202102 0.004 109.745 0.005
202105 0.122 111.404 0.137
202108 0.249 112.668 0.277
202111 0.234 113.932 0.258
202202 0.306 115.986 0.331
202205 0.293 120.016 0.306
202208 0.275 120.569 0.286
202211 0.269 121.675 0.277
202302 0.257 122.070 0.264
202305 0.234 124.045 0.237
202308 0.248 125.389 0.248
202311 0.164 125.468 0.164
202402 0.057 125.468 0.057

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


Mojave Brands  (XCNQ:MOJO) 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.

Mojave Brands's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.30/5.61
=0.05

* 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 Mojave Brands was 0.06. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Mojave Brands Cyclically Adjusted Book per Share Related Terms

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


Mojave Brands (XCNQ:MOJO) Business Description

Industry
Traded in Other Exchanges
Address
1055 W. Georgia Street, Suite 2050, P.O. Box 11121, Royal Centre, Vancouver, BC, CAN, V6E 3P3
Mojave Brands Inc is a Canada-based cannabis company serving California's recreational markets. The company's assets are set up as a vertical stack including cultivation to scale, branding, packaging, manufacturing and processing, a distribution arm, and the edibles brand CaliGold. Operating out of licensed strategic locations, the company is leveraging its consumer and brand-focused business model to generate sustainable profits by delivering a quality product.
Executives
Peeyush Kumar Varshney Director