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Can B (CANB) Cyclically Adjusted PB Ratio : (As of Mar. 06, 2025)


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What is Can B Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Can B Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Can B'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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Can B Cyclically Adjusted PB Ratio Chart

Can B Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Can B Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Can B's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Can B'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.


Can B's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

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

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



Can B 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.

Can B's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Can B's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.257/133.0289*133.0289
=-0.257

Current CPI (Sep. 2024) = 133.0289.

Can B Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.020 99.070 2.712
201503 2.061 99.621 2.752
201506 0.778 100.684 1.028
201509 5.370 100.392 7.116
201512 -0.031 99.792 -0.041
201603 0.000 100.470 0.000
201606 -6.563 101.688 -8.586
201609 -9.250 101.861 -12.080
201612 -19.344 101.863 -25.263
201703 -15.029 102.862 -19.437
201706 -25.139 103.349 -32.358
201709 -19.763 104.136 -25.246
201712 -39.480 104.011 -50.494
201803 -20.327 105.290 -25.682
201806 -32.519 106.317 -40.689
201809 -15.104 106.507 -18.865
201812 -10.908 105.998 -13.690
201903 -2.885 107.251 -3.578
201906 -2.742 108.070 -3.375
201909 6.329 108.329 7.772
201912 6.207 108.420 7.616
202003 0.634 108.902 0.774
202006 -2.610 108.767 -3.192
202009 -6.877 109.815 -8.331
202012 -88.030 109.897 -106.559
202103 -0.770 111.754 -0.917
202106 -2.285 114.631 -2.652
202109 0.037 115.734 0.043
202112 -8.122 117.630 -9.185
202203 0.221 121.301 0.242
202206 0.033 125.017 0.035
202209 -0.965 125.227 -1.025
202212 -1.259 125.222 -1.337
202303 -1.071 127.348 -1.119
202306 -1.345 128.729 -1.390
202309 -0.305 129.860 -0.312
202312 -0.282 129.419 -0.290
202403 -0.297 131.776 -0.300
202406 -0.233 132.554 -0.234
202409 -0.257 133.029 -0.257

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.


Can B  (OTCPK:CANB) 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.


Can B Cyclically Adjusted PB Ratio Related Terms

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Can B Business Description

Traded in Other Exchanges
N/A
Address
960 South Broadway, Suite 120, Hicksville, NY, USA, 11801
Can B Corp is engaged in the business of promoting health and wellness through its development, manufacture and sale of products containing cannabinoids derived from hemp biomass and the licensing of durable medical devices. The company focuses on developing a line of proprietary products in the Hemp Industry.
Executives
Mckenzie Webster Ltd 10 percent owner DMS HOUSE, DR. ROYCE DRIVE, GEORGE TOWN, GRAND CAYMAN E9 KY1-1102
Stanley L Teeple director, officer: CFO, Director, and Secretary 94 ARTHUR HILL COURT, HENDERSON NV 89014
Andrew Holtmeyer officer: EVP Business Development 65 LAUREN AVE, SUITE 301, HUNTINGTON STATION NY 11746
Heggenhougen Rolv director 90 NORTH CHURCH STREET, GEORGETOWN E9 KY1-1102
David J Posel officer: COO 6103 CARMEL LN SE, LACEY WA 98503
Rolv Heggenhougen 10 percent owner 445 NE 12TH AVENUE, FORT LAUDERDALE FL 33301
Marco Alfonsi director, 10 percent owner, officer: CEO, Board Member 44 EAST END AVENUE, HICKSVILLE NY 11801
Carl Dilley director 15500 ROOSEVELT BLVD., SUITE 301, CLEARWATER FL 33760