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Craft Brew Alliance (Craft Brew Alliance) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Craft Brew Alliance Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Craft Brew Alliance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Craft Brew Alliance's Cyclically Adjusted PB Ratio 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.

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Craft Brew Alliance Cyclically Adjusted PB Ratio Chart

Craft Brew Alliance Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Craft Brew Alliance Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Competitive Comparison of Craft Brew Alliance's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, Craft Brew Alliance'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.


Craft Brew Alliance's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Craft Brew Alliance's Cyclically Adjusted PB Ratio falls into.



Craft Brew Alliance Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Craft Brew Alliance's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2020 is calculated as:

For example, Craft Brew Alliance's adjusted Book Value per Share data for the three months ended in Jun. 2020 was:

Adj_Book=Book Value per Share/CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=6.483/108.7673*108.7673
=6.483

Current CPI (Jun. 2020) = 108.7673.

Craft Brew Alliance Quarterly Data

Book Value per Share CPI Adj_Book
201009 4.841 92.162 5.713
201012 5.005 92.474 5.887
201103 5.010 94.283 5.780
201106 5.450 95.235 6.224
201109 5.523 95.727 6.275
201112 5.546 95.213 6.335
201203 5.592 96.783 6.284
201206 5.626 96.819 6.320
201209 5.711 97.633 6.362
201212 5.732 96.871 6.436
201303 5.640 98.209 6.246
201306 5.707 98.518 6.301
201309 5.823 98.790 6.411
201312 5.863 98.326 6.486
201403 5.854 99.695 6.387
201406 5.950 100.560 6.436
201409 5.999 100.428 6.497
201412 6.038 99.070 6.629
201503 5.988 99.621 6.538
201506 6.063 100.684 6.550
201509 6.110 100.392 6.620
201512 6.191 99.792 6.748
201603 6.014 100.470 6.511
201606 6.121 101.688 6.547
201609 6.174 101.861 6.593
201612 6.213 101.863 6.634
201703 6.141 102.862 6.494
201706 6.234 103.349 6.561
201709 6.345 104.136 6.627
201712 6.773 104.011 7.083
201803 6.791 105.290 7.015
201806 7.021 106.317 7.183
201809 7.050 106.507 7.200
201812 7.039 105.998 7.223
201903 6.660 107.251 6.754
201906 6.806 108.070 6.850
201909 6.758 108.329 6.785
201912 6.427 108.420 6.448
202003 6.447 108.902 6.439
202006 6.483 108.767 6.483

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


Craft Brew Alliance  (NAS:BREW) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Craft Brew Alliance Cyclically Adjusted PB Ratio Related Terms

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Craft Brew Alliance (Craft Brew Alliance) Business Description

Traded in Other Exchanges
N/A
Address
929 North Russell Street, Portland, OR, USA, 97227-1733
Craft Brew Alliance Inc is a craft brewing company and a leader in brewing, and branding American craft beers. The company's brand portfolio consists of Redhook Brewery, Widmer Brothers Brewing, Kona Brewing Company, Omission Beer, Square Mile Cider Company, and Resignation Brewery. The crafts beers are brewed and packed in the location such as Portland, Oregon the Seattle suburb of Woodinville, Washington; Portsmouth, New Hampshire, and Kailua-Kona, Hawaii. Its segments are Beer Related operations and Brewpubs operations. The majority of the revenue is derived from brewing, and domestic and international sales, of craft beers and ciders.
Executives
Matthew Edgar Gilbertson director 125 WEST 24TH STREET NEW YORK NY 10011
Timothy P Boyle director 14375 NW SCIENCE PARK DRIVE, PORTLAND OR 97229
Christine Nicol Perich officer: Chief Financial & Strategy Off 1413 LINDEN LAKE ROAD FORT COLLINS CO 80524
Jacqueline S Woodward director 180 LINDEN ROAD PINEHURST NC 28374
Edwin A Smith officer: Principal Accounting Officer 929 NORTH RUSSELL STREET PORTLAND OR 97227
Nickolas A Mills director ONE BUSCH PLACE ST. LOUIS MO 63118
Derek Y Hahm officer: Chief Commercial Officer 929 NORTH RUSSELL STREET PORTLAND OR 97227
J Scott Mennen officer: Chief Operating Officer 929 NORTH RUSSELL STREET PORTLAND OR 97227
Kenneth C Kunze officer: Chief Marketing Officer 929 NORTH RUSSELL STREET PORTLAND OR 97227
Andrew J. Thomas officer: Chief Executive Officer 929 N. RUSSELL STREET PORTLAND OR 97227
Marc J Cramer director P.O. BOX 4525 PORTLAND OR 97208
Kevin R Kelly director 929 NORTH RUSSELL STREET PORTLAND OR 97227
David R Lord director 929 N RUSSELL STREET PORTLAND OR 97227
Paul D Davis director 4211 WILLIAMS AVENUE NORTH RENTON WA 98056
Vieira Joao Paulo Falcao director 125 WEST 24TH STREET NEW YORK NY 10011