GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » City View Green Holdings Inc (OTCPK:CVGRF) » Definitions » Cyclically Adjusted PB Ratio

City View Green Holdings (City View Green Holdings) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


View and export this data going back to 2013. Start your Free Trial

What is City View Green Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


City View Green Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for City View Green Holdings'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.

* Premium members only.

City View Green Holdings Cyclically Adjusted PB Ratio Chart

City View Green Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.71 - 0.55 -

City View Green Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 0.55 7.37 - - -

Competitive Comparison of City View Green Holdings's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, City View Green Holdings'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.


City View Green Holdings's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, City View Green Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where City View Green Holdings's Cyclically Adjusted PB Ratio falls into.



City View Green Holdings 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.

City View Green Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, City View Green Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.008/125.0724*125.0724
=-0.008

Current CPI (Dec. 2023) = 125.0724.

City View Green Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.035 98.604 -0.044
201406 -0.041 99.473 -0.052
201409 -0.037 99.394 -0.047
201412 -0.020 98.367 -0.025
201503 -0.019 99.789 -0.024
201506 -0.020 100.500 -0.025
201509 -0.022 100.421 -0.027
201512 -0.024 99.947 -0.030
201603 -0.027 101.054 -0.033
201606 -0.029 102.002 -0.036
201609 -0.030 101.765 -0.037
201612 -0.036 101.449 -0.044
201703 -0.034 102.634 -0.041
201706 -0.016 103.029 -0.019
201709 -0.006 103.345 -0.007
201712 0.003 103.345 0.004
201803 0.003 105.004 0.004
201806 0.000 105.557 0.000
201809 -0.002 105.636 -0.002
201812 -0.001 105.399 -0.001
201903 0.027 106.979 0.032
201906 0.022 107.690 0.026
201909 0.023 107.611 0.027
201912 0.003 107.769 0.003
202003 0.000 107.927 0.000
202006 0.005 108.401 0.006
202009 0.010 108.164 0.012
202012 0.010 108.559 0.012
202103 0.010 110.298 0.011
202106 0.010 111.720 0.011
202109 0.009 112.905 0.010
202112 0.000 113.774 0.000
202203 -0.001 117.646 -0.001
202206 -0.002 120.806 -0.002
202209 -0.002 120.648 -0.002
202212 -0.003 120.964 -0.003
202303 -0.003 122.702 -0.003
202306 -0.004 124.203 -0.004
202309 -0.004 125.230 -0.004
202312 -0.008 125.072 -0.008

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.


City View Green Holdings  (OTCPK:CVGRF) 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.


City View Green Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of City View Green Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


City View Green Holdings (City View Green Holdings) Business Description

Traded in Other Exchanges
Address
1173 Dundas Street East, Suite 132, Toronto, ON, CAN, M4M 3P1
City View Green Holdings Inc is a vertically integrated cannabis company. The company intends to produce medicinal products and recreational cannabis products for the Adult-Use market. Its facility is located in Brantford Ontario which offers cultivation and extraction space.

City View Green Holdings (City View Green Holdings) Headlines