1933 Industries (XCNQ:TGIF) Cyclically Adjusted Book per Share: C$0.06 (As of Apr. 2026)

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What is 1933 Industries Cyclically Adjusted Book per Share?

1933 Industries XCNQ:TGIF +100.00% Cyclically Adjusted Book per Share is C$0.06 as of Apr. 2026. The stock has 2 warning signs investors should review.

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.

1933 Industries's adjusted book value per share for the three months ended in Apr. 2026 was C$-0.006. 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$0.06 for the trailing ten years ended in Apr. 2026.

During the past 12 months, 1933 Industries's average Cyclically Adjusted Book Growth Rate was -14.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -29.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -33.60% 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 1933 Industries was -26.30% per year. The lowest was -40.60% per year. And the median was -29.90% per year.

As of today (2026-09-10), 1933 Industries's current stock price is C$0.01. 1933 Industries's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was C$0.06. 1933 Industries's Cyclically Adjusted PB Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of 1933 Industries was 0.95. The lowest was 0.07. And the median was 0.19.


1933 Industries  (XCNQ:TGIF) 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.

1933 Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.01/0.06
=0.17

* 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 1933 Industries was 0.95. The lowest was 0.07. And the median was 0.19.


Be Aware

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


1933 Industries Cyclically Adjusted Book per Share Related Terms


1933 Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for 1933 Industries'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.

1933 Industries Cyclically Adjusted Book per Share Chart

1933 Industries Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.20 0.09 0.07 0.07

1933 Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.07 0.07 0.07 0.06 0.06

XCNQ:TGIF vs ZTS: Cyclically Adjusted Book per Share Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, 1933 Industries'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.


1933 Industries Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 1933 Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 1933 Industries's Cyclically Adjusted PB Ratio falls into.



1933 Industries 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, 1933 Industries's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-0.006/132.7364*132.7364
=-0.006

Current CPI (Apr. 2026) = 132.7364.

1933 Industries Quarterly Data

Book Value per Share CPI Adj_Book
201607 -0.007 101.844 -0.009
201610 -0.010 102.002 -0.013
201701 -0.016 102.318 -0.021
201704 0.035 103.029 0.045
201707 0.106 103.029 0.137
201710 0.112 103.424 0.144
201801 0.151 104.056 0.193
201804 0.174 105.320 0.219
201807 0.161 106.110 0.201
201810 0.173 105.952 0.217
201901 0.161 105.557 0.202
201904 0.169 107.453 0.209
201907 0.133 108.243 0.163
201910 0.125 107.927 0.154
202001 0.105 108.085 0.129
202004 0.096 107.216 0.119
202007 0.067 108.401 0.082
202010 0.060 108.638 0.073
202101 0.052 109.192 0.063
202104 0.064 110.851 0.077
202107 0.058 112.431 0.068
202110 0.055 113.695 0.064
202201 0.054 114.801 0.062
202204 0.027 118.357 0.030
202207 0.019 120.964 0.021
202210 0.018 121.517 0.020
202301 0.017 121.596 0.019
202304 0.011 123.571 0.012
202307 -0.008 124.914 -0.009
202310 -0.008 125.310 -0.008
202401 -0.006 125.072 -0.006
202404 -0.006 126.890 -0.006
202407 -0.007 128.075 -0.007
202410 -0.008 127.838 -0.008
202501 -0.009 127.443 -0.009
202504 -0.008 129.102 -0.008
202507 -0.009 130.290 -0.009
202510 -0.009 130.603 -0.009
202601 -0.007 130.366 -0.007
202604 -0.006 132.736 -0.006

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

What does a Cyclically Adjusted Book per Share of C$0.06 mean?
1933 Industries (XCNQ:TGIF) has a Cyclically Adjusted Book per Share of C$0.06 as of Apr. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on 1933 Industries and its competitors.
Is 1933 Industries' Cyclically Adjusted Book per Share too high?
1933 Industries' current Cyclically Adjusted Book per Share is C$0.06.
How does 1933 Industries' Cyclically Adjusted Book per Share compare to ZTS?
1933 Industries' Cyclically Adjusted Book per Share of C$0.06 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Drug Manufacturers company?
A good Cyclically Adjusted Book per Share depends on the Drug Manufacturers industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on 1933 Industries and its competitors. 1933 Industries's current Cyclically Adjusted Book per Share is C$0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1933 Industries stock overvalued right now?
Based on GuruFocus' analysis, 1933 Industries (XCNQ:TGIF) is currently considered Fairly Valued. The stock's GF Value™ is C$0.01, compared to a current price of C$0.01 — trading right at its estimated fair value. The current Cyclically Adjusted Book per Share is C$0.06. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For 1933 Industries (XCNQ:TGIF), the current Cyclically Adjusted Book per Share is C$0.06 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

1933 Industries Business Description

Other Exchanges TGIFF:USA
Address 1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
1933 Industries Inc is a vertically integrated cannabis company. The company is focused on the cultivation and manufacturing of cannabis consumer-branded goods. The Company operates in three segments, referred to as AMA, Infused MFG, and Corporate. AMA is focused on the cultivation and sale of medical and adult-use cannabis products, and Infused MFG is focused on the manufacturing of hemp-derived CBD products. The majority of revenue is generated from the AMA segment. The operations of AMA and Infused MFG are located in the United States. All revenues are earned in the United States.