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Bitcoin Generation (Bitcoin Generation) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is Bitcoin Generation Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bitcoin Generation Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bitcoin Generation'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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Bitcoin Generation Cyclically Adjusted PB Ratio Chart

Bitcoin Generation Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cyclically Adjusted PB Ratio
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Bitcoin Generation Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17
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Competitive Comparison of Bitcoin Generation's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Bitcoin Generation'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.


Bitcoin Generation's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitcoin Generation's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bitcoin Generation 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.

Bitcoin Generation's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, Bitcoin Generation's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=-0.015/103.3491*103.3491
=-0.015

Current CPI (Jun. 2017) = 103.3491.

Bitcoin Generation Quarterly Data

Book Value per Share CPI Adj_Book
200706 0.000 87.906 0.000
200709 0.000 87.964 0.000
200712 0.000 88.616 0.000
200803 0.000 90.090 0.000
200806 0.000 92.320 0.000
200809 0.000 92.307 0.000
200812 0.000 88.697 0.000
200903 0.000 89.744 0.000
200906 0.000 91.003 0.000
200909 0.000 91.120 0.000
200912 0.000 91.111 0.000
201003 0.000 91.821 0.000
201006 0.000 91.962 0.000
201009 0.000 92.162 0.000
201012 0.000 92.474 0.000
201103 0.000 94.283 0.000
201106 0.000 95.235 0.000
201109 0.000 95.727 0.000
201112 0.000 95.213 0.000
201203 0.000 96.783 0.000
201206 0.000 96.819 0.000
201209 0.000 97.633 0.000
201212 0.000 96.871 0.000
201303 -1,813.636 98.209 -1,908.551
201306 -101.639 98.518 -106.623
201309 -191.736 98.790 -200.585
201312 -363.055 98.326 -381.602
201403 -389.754 99.695 -404.042
201406 -419.008 100.560 -430.632
201409 -182.439 100.428 -187.746
201412 -165.830 99.070 -172.993
201503 -110.023 99.621 -114.140
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 -58.545 99.792 -60.632
201603 -83.287 100.470 -85.673
201606 -80.843 101.688 -82.164
201609 -3.498 101.861 -3.549
201703 -0.014 102.862 -0.014
201706 -0.015 103.349 -0.015

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.


Bitcoin Generation  (OTCPK:BTGN) 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.


Bitcoin Generation Cyclically Adjusted PB Ratio Related Terms

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Bitcoin Generation (Bitcoin Generation) Business Description

Traded in Other Exchanges
N/A
Address
2401 Nowata Place, Suite A, Bartlesville, OK, USA, 74006
Bitcoin Generation Inc is specialized in the development of Blockchain technology application, cryptocurrency mining, and cryptocurrency trading.

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